The Boardroom Buzz: Grow, Sell, or Exit

Episode 161 — The Rule of Ten


Listen Later

Looking to crack the code of success in the wildlife and pest control sectors? Fat Pat and Seth drop some wisdom on why simplicity is the name of the game for top-performing companies. By starting with a single service and gradually adding on more, these businesses maximize profitability and route density. Do you think your company could benefit from simplifying its offerings, or are you tempted to throw everything at the wall and see what sticks?

Let's talk recurring revenue. Seth spills the beans on how some savvy companies are ditching annual warranties in favor of monthly subscriptions. Even wildlife companies can implement subscription-based models. Staying laser-focused on building a business, rather than getting distracted by naysayers, is crucial to long-term success—it's all about keeping that cash flow steady and predictable. But here's the million-dollar question: Is your business ready to make the switch to a subscription-based model? What's keeping you from changing your billing structure?

When it comes to expanding your operations, Fat Pat and Seth shed light on their "rule of ten": Don't split your company into different departments until you've got a solid team of ten technicians. Efficiency is key when the business is guided by a clear understanding of where the company is heading but it begs the question: How close is your company to hitting that magic number, and what can you do if you're just under Seth and Patrick's rule of ten?

Audio Mixing and Editing by www.verbell.ltd 

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

The Boardroom Buzz: Grow, Sell, or ExitBy The Boardroom Buzz

  • 5
  • 5
  • 5
  • 5
  • 5

5

167 ratings


More shows like The Boardroom Buzz: Grow, Sell, or Exit

View all
The Joe Rogan Experience by Joe Rogan

The Joe Rogan Experience

223,412 Listeners

Arthropodcast - A Pest Control Podcast for Industry Professionals. We Cover Pest Control News, Pest Control Topics, Pest Control Products by The Pest Control Podcast Team

Arthropodcast - A Pest Control Podcast for Industry Professionals. We Cover Pest Control News, Pest Control Topics, Pest Control Products

51 Listeners

The Ben Shapiro Show by The Daily Wire

The Ben Shapiro Show

151,362 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

325 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,045 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,306 Listeners

My First Million by Hubspot Media

My First Million

2,599 Listeners

Shawn Ryan Show by Shawn Ryan

Shawn Ryan Show

41,010 Listeners

PrewettPestJourney by Rusty Prewett

PrewettPestJourney

28 Listeners

PMP Industry Insiders by Brought to you by Donnie Shelton and Dan Gordon

PMP Industry Insiders

94 Listeners

FULL SEND PODCAST by Shots Podcast Network

FULL SEND PODCAST

7,968 Listeners

Bug Bux Podcast by Eric Bassett and Jake Claus

Bug Bux Podcast

120 Listeners

Pest Control Millionaire by Jonas Olson

Pest Control Millionaire

25 Listeners

Moneywise by Hampton

Moneywise

635 Listeners