Exit Rich: Home Service Secrets with Lance Bachmann

The REAL Cost of Becoming the Owner


Listen Later

If you’re a technician dreaming of ownership, this is what ownership actually feels like when the house is on the line, the team is watching, and quitting is no longer an option.

You don’t accidentally build a $20 million business.

 You earn it — through pressure, sacrifice, hard conversations, and decisions most people avoid.

In this episode, I sit down with Patrick Somers of General Air Conditioning, a former technician who climbed the ladder, bought the company he worked for, and is now on pace to do $20M this year. But this conversation isn’t about HVAC… it’s about what ownership actually demands.

We talk about buying a business with seller financing, the stress of payroll before you even fully own the company, and why choosing the right business partner matters more than choosing a spouse when lives, families, and dozens of employees are counting on you.

This is a real conversation about leadership, fear, loyalty, pressure — and why most people simply aren’t built for this level of responsibility.

⚡ What We Get Into:

-How Patrick went from technician → GM → owner of a 40-year-old company
-Buying a business with a seller note (and the stress nobody talks about)
-Why business partnerships are more serious than marriage
-The weight of payroll, benefits, and leadership when everything is on the line
-Sleepless nights, anxiety, and the moment you realize you can’t “just walk away”

🔥🔥 The biggest decision you’ll ever make as an entrepreneur isn’t the business you buy…

 It’s who you build it with, who you listen to, and who you’re willing to leave behind.
Listen closely. This one matters!

Follow my guest at:

-Instagram: https://www.instagram.com/callthegeneral/?hl=en 
-Webpage: https://callthegeneral.com/ 
-Facebook: https://www.facebook.com/patricksomers72 
https://www.facebook.com/CallTheGeneral 
-TikTok: https://www.tiktok.com/@patricksomersoffi 

Follow me on all Social Media: @LanceBachmann

Exit Rich: Home Service Secrets with Lance Bachmann

Hey awesome listeners! My podcast is getting a facelift soon with an all new look and podcast name! So stay tuned for these changes.

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

Sign up for a 2 day Mastermind: https://lbachmanncapital.com/mastermind/

Sign up for a free Shop Tour: https://lbachmanncapital.com/shop-tour/

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

Follow us: https://beacons.ai/lance_bachmann

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

IG: lancebachmann
Facebook: LanceBachmannOfficial
X: @lancebachmann
TikTok: @lancebachmann

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

Leave us a review!

Website: https://lbachmanncapital.com/

LFG

#roofing #business #entrepreneurship

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

Exit Rich: Home Service Secrets with Lance BachmannBy LB Capital, LLC

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

139 ratings


More shows like Exit Rich: Home Service Secrets with Lance Bachmann

View all
The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,830 Listeners

REAL AF with Andy Frisella by Andy Frisella

REAL AF with Andy Frisella

389 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

13,996 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

574 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,455 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,291 Listeners

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

The Home Service Expert Podcast

726 Listeners

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

Dropping Bombs

2,308 Listeners

My First Million by Hubspot Media

My First Million

2,647 Listeners

Next Level Podcast with Jeremy Miner by Jeremy Miner

Next Level Podcast with Jeremy Miner

153 Listeners

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

Waste No Day: A Home Services Motivational Podcast

515 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

940 Listeners

Next Level Pros by Chris Lee

Next Level Pros

159 Listeners

Andy Elliott's Elite Mindset Motivation and Sales Training by Andy Elliott

Andy Elliott's Elite Mindset Motivation and Sales Training

168 Listeners

BigDeal by Codie Sanchez

BigDeal

918 Listeners