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The Home Service Expert Podcast

Building a High-Performance Team: Insights from a Multi-Million Dollar Home Services Powerhouse

The Home Service Expert Podcast

Tommy Mello

Business, Management

4.8705 Ratings

🗓️ 10 September 2024

⏱️ 56 minutes

🧾️ Download transcript

Summary

Chad Peterman is the president of Peterman Brothers Heating, Cooling & Plumbing, a family-owned, full-service HVAC & plumbing company located in Indiana. It was recognized as the 2019 Residential Contractor of the Year by Plumbing & Mechanical. He is also the host of the Can’t Stop the Growth Podcast.

In this episode, we talked about greenfield, networking, personnel management, operational metrics…

Transcript

Click on a timestamp to play from that location

0:00.0

when you're growing really fast, you can afford to make mistakes, right? You can hire a bunch of people and they not be the greatest people, but you're just stacking basically people to solve problems. And I think where we are now, where growth is a little bit slower is you've got to be a little bit more, you know, a little bit more strategic. You've got to be a little more dialed into your costs and what your

0:22.7

overhead looks like and kind of matching that to what you think the growth rate will be. And so for

0:28.2

us, it's really just been about getting a lot more efficient with our conversion rates, our

0:33.8

average tickets, our gross profit margins, all of those things this year for us

0:38.2

are better than they ever happen. And for me, focusing on those things ultimately lends itself

0:43.9

to a more profitable business, which is the exciting part. I think for us over the next three

0:48.9

years, it's really looking at, you know, really perfecting the greenfielding model.

0:53.0

Welcome to the Home Service Expert, where each week, Tommy chats with world-class entrepreneurs

0:58.6

and experts in various fields, like marketing, sales, hiring, and leadership, to find out

1:04.5

what's really behind their success in business.

1:07.7

Now, your host, The Home Service Millionaire, Tommy Mello.

1:19.2

Before we get started, I wanted to share two important things with you. First, I want you to

1:23.7

implement what you learned today. To do that, you'll have to take a lot of notes, but I also want you to fully concentrate on the interview. So I ask the team to take notes for you.

1:33.2

Just text notes, N-O-T-E-S, to 888-5-26-1299. That's 888-5-26-1299, and you'll receive a link to download the notes from today's episode.

1:48.0

Also, if you haven't got your copy of my newest book, Elevate, please go check it out.

1:52.9

I'll share with you how I attracted and developed a winning team that helped me build a $200 million company in 22 states.

1:58.8

Just go to elevate and win.com for slash podcast to get your copy.

2:03.3

Now let's go back into the interview.

2:05.5

All right, guys, welcome back to the home service expert.

2:08.5

I've got the one and only Chad Pederman here.

2:11.0

Chad is the president of Peterman heating, cooling, and plumbing.

2:14.8

A family-owned full service, ACHV plumbing company focused primarily on residential installation, service, and repair.

...

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