Tyler Flinchum

From Appalachia, currently at Stanford GSB. Homebuilder. Former Plumbing/HVAC owner. Trades Advocate.

[Tyler Flinchum @TylerFlinchum]

@HockJohannes @jamesonhaslam 100% agree

[Tyler Flinchum @TylerFlinchum]

@CTW_SMB I think it skews self-funded on here because traditional search funds are still pretty much only available to T15ish MBA recent grads and that group isn’t huge on here. The adversarial nature of Self-funded vs traditional is odd.

[Tyler Flinchum @TylerFlinchum]

@rossiadam I think having a lot of people locked into 3% mortgages will be a boon to renovations. Can’t lose the mortgage, so make the house how they want it. Trex is an awesome product too , we’ve used it a lot.

[Tyler Flinchum @TylerFlinchum]

@homeservguy Electrical is steady-state. Plumbing and HVAC always break and therefore provide work. Electrician is by the worst trade if you only have one.

[Tyler Flinchum @TylerFlinchum]

@FetaFund No data to back it up, but my hunch is tight geography (which a lot of SFS have) leads to better relationships with the sellers due to frequent meetings. This makes the seller like them more and ends in sale.

[Tyler Flinchum @TylerFlinchum]

@ChandlerReedSMB Sounds like ServiceTitan

[Tyler Flinchum @TylerFlinchum]

@homeservguy $140/hr is cheap

[Tyler Flinchum @TylerFlinchum]

@parkerdlittle Would be interesting to see what percentage of Harvard/stanford grads become entrepreneurs and how they do.

[Tyler Flinchum @TylerFlinchum]

@OneManLBO Carhartt is the Patagonia of the trades

[Tyler Flinchum @TylerFlinchum]

@the_sytch Abundance mindset is a better lens for everything. Scarcity mindset means making every decision out of fear, which isn’t a good way to end up fulfilled on your death bed.

[Tyler Flinchum @TylerFlinchum]

@BarbellFi The problem is that there aren’t currently better signaling mechanisms for 22 year olds outside of being able to code. Anything more ambiguous requires some signal employers can rely on and this has been good college degrees.

[Tyler Flinchum @TylerFlinchum]

@SMB_Attorney That seems like a sweet spot for acquisition then. Big enough to not be miserable but small enough to not compete with LMM PE

[Tyler Flinchum @TylerFlinchum]

@SMB_Attorney Who are the buyers usually? Seems like a tough sell to investors without pedigree/experience

[Tyler Flinchum @TylerFlinchum]

@SMB_Attorney I am so glad I cut my teeth with actual trades guys before I pursue this. It’s honestly amazing that run of the mill MBAs ever buy trades businesses

[Tyler Flinchum @TylerFlinchum]

@MatznerJon The comfort crisis is getting worse. It will reduce competition for the ambitious but ultimately hurt society.

[Tyler Flinchum @TylerFlinchum]

@alexforbes__ A good remedy for this would be good land grant colleges (Virginia Tech, Texas A&M, etc.) offering skilled trades as a major. Go to college, have fun, get a degree and also become a licensed plumber.

[Tyler Flinchum @TylerFlinchum]

@Blind__Luck Depends on your skill set. A lot of builders build houses, move in, sell 2 years later tax free. This is by any definition an investment.

[Tyler Flinchum @TylerFlinchum]

@irentdumpsters In my experience roofing has the worst labor pool of any trade hands down