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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

The third one was, how do you make it a really cool, unique business and recruit thousands of people with unique talents?

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

And so that's when we got crazy headquarters and NCAA basketball court, golf simulators, ping pong, foosball, all that kind of stuff.

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

Yeah.

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

Usually about 25% of the reps go, this is, it's just too hard.

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

It's, you know, long hours, you know, you're in the sun all day knocking doors, tons of rejection.

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

And then of those 25%, we usually get about half of them to stay, but they'll transfer into a technician position.

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

Sure.

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

And then the others just are like, you know what, I'm out.

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

Sure.

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

Yeah.

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

And then we'll get apartments for them, you know, all across the country.

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

Oh, cool.

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

We knock over 5,000 different cities throughout the country in 34 states.

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

Yeah, we're in 34 different states.

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

There's over 5,000 cities that we actually knock doors in.

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

So we get apartments in every single state, set it up for them, and then literally they just can move out, stay in the apartments, and work six days a week.

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

Yeah, first year rep, maybe it's like $25,000, $30,000.

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

A second year rep, someone who's already done it, has experience, they might be around $40,000, $45,000.

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

And then a sales manager, if they're recruiting friends, they can make a cut because they're recruiting and training all their friends and they manage them over the course of the summer.

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

They might be around $100,000, just like for averages.