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#111- Acquisitions vs. Startups: Deciding to Buy or Build in Home Services

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Manage episode 411468925 series 2902088
Content provided by John Wilson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Wilson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the Owned and Operated podcast, 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. Get all your plumbing, electrical, and hvac podcast information from the source!
Episode Hosts:

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.

Send us a Text Message.

Contact the Owned and Operated Plumbing, HVAC, and Electrical Growth podcast

Leave us a Review
More Ways To Connect

John Wilson, CEO of Wilson Companies
https://www.wilsonplumbingandheating.com
Jack Carr, CEO of Rapid HVAC
https://rapidhvactn.com

  continue reading

Chapters

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)

154 episodes

Artwork
iconShare
 
Manage episode 411468925 series 2902088
Content provided by John Wilson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by John Wilson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode of the Owned and Operated podcast, 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. Get all your plumbing, electrical, and hvac podcast information from the source!
Episode Hosts:

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.

Send us a Text Message.

Contact the Owned and Operated Plumbing, HVAC, and Electrical Growth podcast

Leave us a Review
More Ways To Connect

John Wilson, CEO of Wilson Companies
https://www.wilsonplumbingandheating.com
Jack Carr, CEO of Rapid HVAC
https://rapidhvactn.com

  continue reading

Chapters

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)

154 episodes

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