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Join me, Nik (https://x.com/CoFoundersNik), as I speak with Casey McDaniel (https://x.com/pestctrlguy), a 25 year old entrepreneur who co-founded a rapidly growing pest control company. Casey shares his journey from door-to-door sales to building a multi-million dollar business with $1.3 million in recurring revenue, managed remotely from another state. He explains the recurring revenue model of the pest control business, highlighting its high margins and the value of route density. He emphasizes that the biggest barrier to entry is the master license, which requires 2-3 years of experience. Casey also discusses how door-to-door sales is their key customer acquisition strategy and how they've achieved gross margins around $120 on a $135 service. He shares how they started with $8,000 worth of chemicals in his garage and scaled up to a million-dollar business in 3 years.
Questions this Episode Answers:
Enjoy the conversation!
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Love it or hate it, I'd love your feedback.
Please fill out this brief survey with your opinion or send me an email at [email protected] with your thoughts.
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___________________________
00:00 The World of Door-to-Door Sales
10:07 Understanding Pest Control Business Models
19:59 The Economics of Pest Control
30:09 Building a Pest Control Business
35:54 Future Goals and Work-Life Balance
4.9
6161 ratings
🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨
Join me, Nik (https://x.com/CoFoundersNik), as I speak with Casey McDaniel (https://x.com/pestctrlguy), a 25 year old entrepreneur who co-founded a rapidly growing pest control company. Casey shares his journey from door-to-door sales to building a multi-million dollar business with $1.3 million in recurring revenue, managed remotely from another state. He explains the recurring revenue model of the pest control business, highlighting its high margins and the value of route density. He emphasizes that the biggest barrier to entry is the master license, which requires 2-3 years of experience. Casey also discusses how door-to-door sales is their key customer acquisition strategy and how they've achieved gross margins around $120 on a $135 service. He shares how they started with $8,000 worth of chemicals in his garage and scaled up to a million-dollar business in 3 years.
Questions this Episode Answers:
Enjoy the conversation!
__________________________
Love it or hate it, I'd love your feedback.
Please fill out this brief survey with your opinion or send me an email at [email protected] with your thoughts.
__________________________
MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe
Spotify: https://tinyurl.com/5avyu98y
Apple: https://tinyurl.com/bdxbr284
YouTube: https://tinyurl.com/nikonomicsYT
___________________________
00:00 The World of Door-to-Door Sales
10:07 Understanding Pest Control Business Models
19:59 The Economics of Pest Control
30:09 Building a Pest Control Business
35:54 Future Goals and Work-Life Balance
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