4.8 • 705 Ratings
🗓️ 19 April 2024
⏱️ 62 minutes
🧾️ Download transcript
Tommy Mello is the author of Home Service Millionaire and Elevate, and the founder of A1 Garage Doors, a $200 million-plus home service business with over 700 employees in 19 states. Through HomeServiceMillionaire.com and the Home Service Expert podcast, Tommy shares his experience and insights to help fellow entrepreneurs scale their businesses.
In this special episode of the Home Service Expert podcast, Tommy answers your biggest questions about investments, scaling businesses, CRM systems…
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0:00.0 | I love buying businesses. I think buying businesses work better. |
0:04.0 | You know, it's harder to greenfield and grow organically than it is to buy a business and fix it. |
0:10.0 | But there's a lot of things that need to happen. You're buying into a different culture. |
0:14.0 | There's a lot of things you need to fix. You can't teach an old dog new tricks. That's what they say. |
0:19.0 | So I would say I'd probably start from the ground up if I don't have a ton of experience |
0:24.4 | and home service. |
0:25.9 | I want to make the mistakes at a smaller scale and take over a business, unless you've got |
0:31.5 | great coaches and mentors because you don't want to make mistakes with a bigger business. |
0:36.5 | But the nice thing about an existing business is you've got a customer database. |
0:40.4 | You've got people already working. |
0:42.0 | You can take things from an outside view and look at this business and say, |
0:46.2 | where's the biggest week spots that I could work on and who do I need to hire? |
0:49.8 | Welcome to the Home Service Expert, |
0:52.3 | where each week, Tommy chats with world-class entrepreneurs and experts in various fields, like marketing, sales, hiring, and leadership, to find out what's really behind their success in business. |
1:04.4 | Now, your host, the Home Service Millionaire, Tommy Mello. |
1:11.5 | Before we get started, I wanted to share two important things with you. |
1:15.0 | First, I want you to implement what you learned today. |
1:17.8 | To do that, you'll have to take a lot of notes, but I also want you to fully concentrate on the interview. |
1:23.5 | So I ask the team to take notes for you. |
1:25.5 | Just text, note, N-O-T-E-S, to 888-526-1299. |
1:32.5 | That's 888-526-1-2-99, and you'll receive a link to download the notes from today's episode. |
1:40.2 | Also, if you haven't got your copy of my newest book, Elevate, please go check it out. |
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