August 04, 2025

Empire from His Garage — But the Sharks Took Their Cut

52 minutes

Welcome back to the Exit Rich podcast. Today, I sat down with someone who’s not just talking the talk—Chris Lee actually did it! He sold his home service company for $340 million after scaling it from his garage to 1,100 employees in just four and a half years!!

We broke down everything most people will never tell you about selling a company to private equity: the brokers who fumble deals, the $42M inventory mistake that cost Chris a fortune, and why “market standard” is often code for “you’re getting played.” Get comfortable, you are not gonna wanna miss a second of this one!

I pressed Chris on:

-Why most coaching groups are run by people who’ve never exited anything

-How wrestling shaped his mental toughness

-The difference between playing chess and checkers in M&A

-How he lost $70 million by signing the wrong LOI—and what you must know to avoid it

-Why debt-leveraged deals destroy growth

-The rise of AI in blue-collar business and why those who ignore it are toast

We also get real about coaching: why the best advice comes from operators, not influencers, and how his group at Next Level Coaching is building $125 billion in enterprise value by focusing on real-world execution—not fluff.

This episode is a blueprint for anyone trying to grow, scale, or sell their business. If you’ve got a seven-figure company and you think you’re ready for eight—listen twice…

Follow my guest at:

-Instagram: https://www.instagram.com/chrisleeqb/?hl=en

-Website: https://gonextlevelpros.com/home-page

-Facebook: https://www.facebook.com/qboflife/

-TikTok: https://www.tiktok.com/@chrisleeqb

Follow me on all Social Media: @LanceBachmann

Exit Rich: Home Service Secrets with Lance Bachmann

Don’t wait! Get your ticket for The 7th Annual Roofing Process Conference so you can learn to grow, scale and sell your business to private equity:

https://roofconference.com/

December 3-5, 2025

JW Marriott - Marco Island, FL

Join Our Coaching Group, the LFG Winners Circle: https://lbachmanncapital.com/lfg-winners-circle/

YouTube: https://www.youtube.com/@lancebachmann

IG: lancebachmann

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Podcast

Apple: https://podcasts.apple.com/us/podcast/the-roofing-ceo-playbook-build-it-to-sell-it-with/id1778011846

Spotify: https://open.spotify.com/show/56A2PiqKz3NP6sj1nfSloP?si=f44f4d095aa64406&nd=1&dlsi=98967f24de074a6a

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Website: https://lbachmanncapital.com/

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#roofing #business #entrepreneurship

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