Full interview · Purpose-driven Leadership

Steve Hall

Founder & CEO · Make It Matter Foundation

Steve Hall on entrepreneurship, failure, talent, long-term thinking, and letting curiosity reveal the work worth doing.

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The story in brief

Steve Hall began with a question broader than job title: what should an ordinary Monday feel like? Entrepreneurship offered the autonomy he wanted, but it also delivered an early lesson in cash flow when the dealership he opened after college failed despite strong sales. Hall carried that lesson into driversselect, where fast inventory turns and disciplined execution helped build a billion-dollar business. His interview is a study in productive failure, choosing exceptional people, thinking beyond the next quarter, and creating value for every stakeholder rather than extracting it from one.

Inside the conversation

The moments that
shaped the path.

01

Start with the shape of the life

Hall knew in high school that he wanted independence, flexibility, and room to pursue his curiosity. He studied marketing because it was close to sales and storytelling, but came to believe that real-world practice mattered more than optimizing a major.

02

The lesson that had to hurt

A summer selling cars became auction buying during college and a Washington, D.C. dealership immediately after graduation. The business sold vehicles but ran out of cash because its money was trapped in receivables. Closing it was painful; working for larger dealer groups afterward taught Hall the cash-flow discipline he would later turn into an advantage.

03

Durability over the next transaction

In his mid-thirties Hall combined early entrepreneurial lessons with what he learned from scaled operators. Over thirteen years, driversselect grew organically without outside investors into a top used-car operation and was acquired in 2017. He credits exceptional talent, continuous self-examination, patient decisions, and a model where employees, customers, suppliers, and communities can all win.

Career map

How the path unfolded.

The route becomes clearer in retrospect. These are the decisions, detours, and discoveries that moved the story forward.

  1. High school

    Chooses entrepreneurship

    Hall focused on autonomy and the kind of daily life he wanted rather than a fixed profession.

  2. College

    Studies marketing and sells cars

    A summer role at a Ford dealership grew into buying vehicles at auction.

  3. After graduation

    Opens a dealership

    He launched with fraternity brothers in Washington, D.C., then closed the business after cash became trapped in receivables.

  4. Next chapter

    Learns inside larger dealer groups

    Scaled operators taught him cash flow, systems, and the realities of automotive retail.

  5. Mid-thirties

    Builds driversselect

    He combined fast inventory turns, strong marketing, and a high-performing team in a business grown without outside capital.

  6. 2017

    Strategic acquisition

    After thirteen years of growth and roughly one billion dollars in revenue, the company was acquired by a strategic buyer.

  7. Today

    Purpose-led leadership

    Hall applies the lessons of operating, coaching, faith, and stakeholder value through his current work and foundation.

Carry this forward

Five ideas worth keeping.

  1. 01

    Choose a direction by asking how you want to spend your days, not only which title sounds impressive.

  2. 02

    A painful failure can teach an operating principle more deeply than a classroom ever could.

  3. 03

    Exceptional people create disproportionate value; recruit for talent and character, then keep developing yourself.

  4. 04

    Build for ten or twenty years, even while managing today's sales and cash flow.

  5. 05

    Let curiosity lead to experiments, competence, passion, and eventually the staying power required for meaningful work.

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