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Dave Royce

πŸ‘€ Speaker
274 total appearances
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Appearances Over Time

Podcast Appearances

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

But most people, if they do that, they're probably in California, Texas, Florida, Arizona.

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

Where it's not that heavy on the weather side.

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

So it's not quite as intense, right?

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

Yeah, so we recruit them.

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

I was originally recruited.

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

There were probably only 500 salespeople in total in the entire pest control industry when I got into it.

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

And the idea had been around for about a decade.

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

But what I noticed is that the training just wasn't great.

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

Like there was still a lot of room for improvement.

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

And because of my really bad experience, I didn't want my friends to go through that.

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

And so we just started developing that and improving.

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

From there, then it became like, okay, well, how can we recruit?

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

So I got really good at recruiting.

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

I had about 100 people coming out to work for me in the summer times.

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

And then from there, it was my boss that said, why on earth are you going to go do investment banking?

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

Because I had a finance major.

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

He's like, you really should go do your own pest control company.

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

And I'm like, yeah, sorry.

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

It's embarrassing to say, but it just wasn't impressive to me.