Most days, I look forward to building a business empire.
Other days, buying 500 acres, disappearing from society, and living off the land sounds better.
@BowTiedBroke Demand for premium STRs in the Smokies where you can host a wedding still seems strong... the ones I've found are booked out for much of 2025
@FurkYuce@WilsonCompanies What billing terms make it worth it?
33% upfront, 33% halfway through, 33% on completion?
Seems contractors always get stuck holding the bag…
Growing revenue at 30% YoY
EBITDA is up 110% since acquiring 18 months ago
But… most days it feels like it’s all held together with duct tape…
Idk if that feeling ever changes
In reality, a 30 y/o company likely has much more resilience than the day-to-day fires suggest…
Our headcount since we acquired the business has grown from 42 to 58…
Things are always breaking and someone is upset nearly everyday…
Putting systems in place and changing everything around is a painful process…
The spreadsheets leave that part out…
@JoeCassandra Things like that happen often, especially with the labor market pressures on skilled workers.
I was referring more so to the issues you run into as you scale. It feels like a game of whack-a-mole
@tradesearcher Are you largely bullish on HVAC because of the multiples we’re seeing PE still offer?
Seems to me the biggest opportunity is simply the expansion on multiples if you’re able to grow it from ~$500k to ~$1.5M EBITDA…
@mattbcontractor Right now the estimating function is not clear, but the rest of that can be parsed through. The “call taker” would determine if it was a service we offer and either schedule a salesman to visit or have a salesman call the customer back with an estimate. Estimates will be possible