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#111- Acquisitions vs. Startups: Deciding to Buy or Build in Home Services
Manage episode 411468925 series 2902088
In this episode, John and Jack discuss the merits of buying versus building a business from their new studios. They emphasize the importance of reinvesting in the business rather than prioritizing personal expenses, and how such decisions impact growth and stability. They also explore the differing skill sets required for each approach and examine the concept of 'personal drag,' illustrating how personal lifestyle demands can affect business growth and strategy.
Episode Hosts:
- John Wilson: @WilsonCompanies
- Jack Carr: @thehvacjack
Special thanks to our sponsor: Service Scalers: Looking to scale your home service business? Service Scalers is a digital marketing agency that drives success in PPC and LSA. Discover more growth strategies by visiting Service Scalers.
Check out Owned and Operated Weekly Insights: a newsletter where John discusses topics ranging from recruiting and marketing to the growth of your home service business. Subscribe to the newsletter here.
Contact us:
Youtube: @OwnedandOperatedPodcast
Contact the Owned and Operated plumbing, HVAC, and electrical growth podcast
*Review us on Apple Podcasts*
More Ways To Connect
Kapitler
1. Welcome to the New Studio (00:00:00)
2. Media and Branding (00:02:32)
3. Navigating Operational Challenges (00:03:22)
4. To Buy or To Build? (00:07:32)
5. Reflecting on Business Integration (00:11:13)
6. Exploring the Franchise Dream (00:17:51)
7. Lifestyle vs. Hyper Growth (00:19:40)
8. The Risks of Optimizing for Lifestyle in Business (00:20:39)
9. Growth or Comfort? (00:22:28)
10. Capital Allocation (00:24:31)
11. Setting Personal Financial Goals (00:26:17)
12. The Impact of Personal Burden on Business Growth (00:27:13)
146 episoder
#111- Acquisitions vs. Startups: Deciding to Buy or Build in Home Services
Owned and Operated - A Plumbing, Electrical, and HVAC Growth Podcast
Manage episode 411468925 series 2902088
In this episode, John and Jack discuss the merits of buying versus building a business from their new studios. They emphasize the importance of reinvesting in the business rather than prioritizing personal expenses, and how such decisions impact growth and stability. They also explore the differing skill sets required for each approach and examine the concept of 'personal drag,' illustrating how personal lifestyle demands can affect business growth and strategy.
Episode Hosts:
- John Wilson: @WilsonCompanies
- Jack Carr: @thehvacjack
Special thanks to our sponsor: Service Scalers: Looking to scale your home service business? Service Scalers is a digital marketing agency that drives success in PPC and LSA. Discover more growth strategies by visiting Service Scalers.
Check out Owned and Operated Weekly Insights: a newsletter where John discusses topics ranging from recruiting and marketing to the growth of your home service business. Subscribe to the newsletter here.
Contact us:
Youtube: @OwnedandOperatedPodcast
Contact the Owned and Operated plumbing, HVAC, and electrical growth podcast
*Review us on Apple Podcasts*
More Ways To Connect
Kapitler
1. Welcome to the New Studio (00:00:00)
2. Media and Branding (00:02:32)
3. Navigating Operational Challenges (00:03:22)
4. To Buy or To Build? (00:07:32)
5. Reflecting on Business Integration (00:11:13)
6. Exploring the Franchise Dream (00:17:51)
7. Lifestyle vs. Hyper Growth (00:19:40)
8. The Risks of Optimizing for Lifestyle in Business (00:20:39)
9. Growth or Comfort? (00:22:28)
10. Capital Allocation (00:24:31)
11. Setting Personal Financial Goals (00:26:17)
12. The Impact of Personal Burden on Business Growth (00:27:13)
146 episoder
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