The Boost

Transferring Equity while Being the Only License Holder with Tom Lucas

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In this week’s episode, we chat with Tom Lucas, Service Manager and Part Owner of Dayco Systems, live at CAAG in Savannah.  

In our conversation, we explore Tom's journey to becoming a part owner of Dayco Systems and the ongoing negotiations to acquire full ownership from the company's founder, Dean.

 

Key Takeaways:

  • Listen how Tom's decision to get the right type of license and speaking Portuguese with his wife in a buffet changed his life
  • Navigating the challenges of negotiating a fair deal
  • The importance of clear communication and setting expectations upfront
  • Plans for future growth through acquisitions, including expanding into plumbing and electrical
  • Lessons learned and advice for others considering buying an existing company

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    Additional Resources

    ➡️ Schedule a FREE Marketing Assessment today: https://lokalhq.com/marketing-assessment/

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    👉 Connect with Tom Lucas

    LinkedIn: https://www.linkedin.com/in/tom-lucas-a62257174/

    Website: https://daycosystems.com

    Instagram: https://www.instagram.com/dayco_systems/

    Facebook: https://www.facebook.com/daycosystems/

    LinkTree: https://linktr.ee/dayco_systems

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    The Boost, a podcast for home service contractors.

    Join CMO of Lokal, Zach Wilson, as he explores leaders & innovators in home services, their personal journeys, thoughts and experiences with growth, marketing, and succession.

    Lokal digital marketing works exclusively with contractors specializing in HVAC, roofing, plumbing, and garage door companies to conquer their local turf and grow exponentially.

    All Aboard the Longship! Powered by Vikings™.

    For marketing tips, follow Zach Wilson on Instagram, TikTok, or Facebook.

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    The BoostBy Zach Wilson - CMO at Lokal Digital Marketing