Contractor Evolution

60. Geographic Expansion: How To Grow From A Single Location To Three - Kory Ballard


Listen Later

To apply for a Breakthrough Academy Business Assessment click: https://trybta.com/PCEP60

Perficut Website: https://perficut.com/

Ballard Inc Landscaping Products: https://www.ballard-inc.com/

If you have ever wondered what it takes to expand into a new market, begin operations in a new city, or even a new state, this episode is a must-listen.  Our guest for this episode is Kory Ballard, founder of Perficut Site Management.  

Kory started as a teenager, borrowing his dad's mower to do his neighbor's lawns and save up for a moped. 

Fast forward a couple of decades, and Perficut would become a massive full-service commercial landscaping company with nearly 200 employees operating in 3 different cities across 2 states.  

Quite recently, Kory sold Perficut to a national site management brand…kind of the dream exit actually.  He now focuses 100% of his time on Ballard-Inc.,  an equipment and accessory manufacturing company for landscapers.  

Kory is a classic entrepreneur: successful enough to retire, but so driven he can’t - at least not yet.

We wanted to have Kory on to share his lived experience. What is it ACTUALLY like to push your brand to its limit and expand into new territories? What is unexpectedly hard about it?  What are the financial implications and risks? How do you choose where to go? How does your role as a leader change?  And What systems make this possible?

Like many things in life, actually doing the thing is many orders of magnitude harder than daydreaming about it.  And that's why this episode is a good one.  Kory gives us the unpolished reality of what it takes to expand geographically.

In this episode we learn:

  • How to determine when you've saturated your current geographic market
  • What is the best way to pick your next market
  • The business systems to you need to have fully functional before you consider opening a new branch
  • The financial implications of starting a new branch
  • How you as a leader will need to change to lead multiple locations
  • The challenges you don't think about when you decide to expand

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Contractor EvolutionBy Breakthrough Academy

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

49 ratings


More shows like Contractor Evolution

View all
The EntreLeadership Podcast by Ramsey Network

The EntreLeadership Podcast

4,412 Listeners

REAL AF with Andy Frisella by Andy Frisella

REAL AF with Andy Frisella

419 Listeners

The Fine Homebuilding Podcast by Fine Homebuilding Magazine

The Fine Homebuilding Podcast

779 Listeners

The Contractor Fight with Tom Reber by Tom Reber

The Contractor Fight with Tom Reber

407 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

577 Listeners

Modern Craftsman by Modern Craftsman

Modern Craftsman

1,141 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,465 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,302 Listeners

The Wealthy Contractor by Brian Kaskavalciyan

The Wealthy Contractor

213 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

728 Listeners

Dropping Bombs by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

Dropping Bombs

2,308 Listeners

UnBuild It Podcast by Unbuild It Podcast

UnBuild It Podcast

231 Listeners

Waste No Day: A Home Services Motivational Podcast by Brian Burton & Nate Minnich

Waste No Day: A Home Services Motivational Podcast

515 Listeners

The Build Show Podcast by Matt Risinger

The Build Show Podcast

381 Listeners

BigDeal by Codie Sanchez

BigDeal

919 Listeners