The Model Works: Reflections of a Plumbing Business Buyer
Podcast |
Acquiring Minds
Publisher |
Will Smith
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
Investing
Publication Date |
Feb 05, 2024
Episode Duration |
01:34:32

Doug Johns reflects on his balance sheet, lifestyle, and new identity as business owner after 9 quarters in the seat. 

Topics in Doug’s interview:

  • His wife's involvement in the business
  • Working 60 hours a week 
  • His experience with ROBS structure and buyout
  • Slowdown in home services industry
  • Why he loves owning & operating
  • When & why to raise your prices
  • Moving to a small town in a metro area
  • Integration of business into daily life
  • Fierce competition in home services
  • Great benefit of franchises: in-network peer groups

References and how to contact Doug:

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