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Dave Royce

πŸ‘€ Speaker
274 total appearances
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Voice samples: 1
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Appearances Over Time

Podcast Appearances

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

I think you got to live it right in order for people to want to follow it.

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

But I just save, save, save, because in my mind.

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

I wanted to graduate debt free.

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

I wanted to go to MBA school.

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

I got married towards the end of college.

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

Believe it or not, I married my college sweetheart.

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

And yeah, she was going to go to law school.

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

And so I'm like, I got to save for that.

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

So I saved up about $300,000 before I graduated, if you can believe that.

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

And then when I got pitched this idea of, hey, you should go start your own company, that's when I was like, okay, I actually have money right now.

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

Yeah, I have it saved.

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

So it's kind of like being prepared for the opportunity to know when to take it.

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

But as far as investing, for me, it took me a while to invest because I was the bank.

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

And all the cash I got, I kept thinking, I'm going to throw it into the next one because I don't want to have to go get investors and lose equity on it, and then I can maintain the control.

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

But yeah, yeah.

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

And clearly, like investing into like a S&P 500 index or into like a tax loss harvesting vehicle like that, probably the safest thing you can do.

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

And we've got a lot of guys, too, where, you know, they're all about the Magnificent Seven or just, you know, AI as that's coming up and stuff.

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

Okay.

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

It's like that thing on the golf course, right?

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

You start out and you say, hey, why don't we play each hole for a dollar?