Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Dave Royce

πŸ‘€ Speaker
274 total appearances
Voice ID

Voice Profile Active

This person's voice can be automatically recognized across podcast episodes using AI voice matching.

Voice samples: 1
Confidence: Medium

Appearances Over Time

Podcast Appearances

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Yeah, so I built four pest control companies and a solar energy company.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Yeah, yeah.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

And part of that strategy was I figured out this thing called an asset deal where I could sell off just the customer base, basically the book of business.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

I could sell that off, take all that money, and throw it into the next company.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

And so it was a way to basically get investment and still being able to have all the control and all the equity on my own.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Wow.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

So I did that for about 20 years.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Roughly every four years, the first four years, I would sell, get money, rinse and repeat, same thing over and over.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

And then, yeah, became the third largest residential pest control company.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Yeah, so I was a starving college student, working minimum wage, and I had a friend come to me and he says, hey, I made 25 grand last summer selling pest control services door to door.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Just knocking on doors.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Yeah, and I was like, okay, I don't really even know what that is, but I'm in.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Sign me up, yeah.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Yeah, so I drove out to Sacramento, California,

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

It started selling, and there was a big problem.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

I sucked at sales.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

I went for five days with zeros.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

Everybody else around me is selling one to four per day.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

And it's a commission-only job, so the only thing I was getting out of it was free cardio.

The Money Mondays
Dave Royce on Pest Control, Private Equity, and Purpose

So I went to a bookstore that weekend, got like half a dozen sales books, and then I said, I'm going to read 90 minutes every day and just keep learning and try to learn how to sell because this is my best opportunity at this point in my life.

← Previous Page 1 of 14 Next β†’