The Boardroom Buzz: Grow, Sell, or Exit

Episode 47 — Cashing in the Blue Chip, Selling the Family Business with PCT Top 100 CEO Jeff Phillips


Listen Later

Succession plans may sound easy compared to the alternatives. Hear how ripping off the Band-Aid compares to family buy-outs with strings attached. From managing the business to managing their health, Jeff Phillips's parents never enjoyed their golden years in retirement. It may be an extreme reaction, but at 47-years old, Jeff decided it was time to exit after his dad’s passing. 

Although his father is no longer with us, his wisdom lives on in this Boardroom conversation. From 'build it to sell' to 'do something and do something very well', Jeff's dad personified the Blue Chip mentality.

After taking over as Blue Chip leaders, Jeff and his sister, Kim, ran an efficient business. Measure and manage. Routing, recurring, and responding to leads were a handful of monitored metrics. Knowing their numbers helped them when it came to save on overtime.

Scott Stevenson, Doug Stevenson, Court Parker, and Sean McCauley. Now add Jeff to the list of U Groupers appearing on The Buzz. By picking up on the lessons while not making all the mistakes, hear how his peer group experience enhanced his bottom line. When it was time to make changes, Jeff realized that customers much like dropped children are resilient.

There were times that Jeff found he already had the secret sauce. When scheduling headaches became a problem to solve, his business adopted exterior only service before it was popular. In terms of marketing, pest control is not sexy. It's about front of mind awareness. Jeff shares the balance between office location and paid remarketing ads.

Co-Produced, Edited, and Mixed by Dylan Seals of hdaudiopost.com

...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 GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,795 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

53 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

208 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

408 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,081 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,389 Listeners

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

The Home Service Expert Podcast

719 Listeners

Maxwell Leadership Podcast by John Maxwell

Maxwell Leadership Podcast

2,463 Listeners

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

PMP Industry Insiders

95 Listeners

Contractor Evolution by Breakthrough Academy

Contractor Evolution

51 Listeners

Bug Bux Podcast by Allan Draper

Bug Bux Podcast

120 Listeners

Pest Control Marketing Domination Podcast by Casey Lewis

Pest Control Marketing Domination Podcast

12 Listeners

Pest Control Millionaire by Jonas Olson

Pest Control Millionaire

27 Listeners

Coast 2 Coast Pest Talk by Andy Sanefski & Gabe Seymour

Coast 2 Coast Pest Talk

8 Listeners

BigDeal by Codie Sanchez

BigDeal

749 Listeners