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

David Royce

๐Ÿ‘ค Speaker
805 total appearances

Appearances Over Time

Podcast Appearances

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

I'm going to sell it for 10 million bucks to Terminex.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

And I kind of was like, wait a second, you've only been in business for,

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

you know, barely four years and you're gonna sell the company?

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

And he's like, yeah, he's like, you know, it's kind of time to cash out.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

We've done really, really well.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

And I thought, well, that's, that's like an amazing opportunity.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

So if I go start a company, if I can do something similar, even if I don't like it, maybe I can go back to MBA school and then transition into something else.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

So he was very helpful.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

He was a silent investor in that business.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

I'd saved about 300 grand.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

He had 300 grand that he put in and, you know, he took a little bit of equity.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

And then if I had a question, you know, occasionally I could call him and say, Hey, you know, what do you think about this?

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

It was almost like training wheels initially just getting going.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

Yeah, so I'd taken business classes in college, and I read this book called The E-Myth by Michael Gerber, and it just talks about the importance of creating systems with best practices and how much you can eliminate your risk by, for example, going and buying a franchise or doing something that you already know.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

A lot of people jump into an industry they've never even been a part of before.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

So I'm a big advocate of getting experience and not just experience to know if you like it, but to also like develop some sort of a core competitive pit

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

sales and like top 1% of 1% in sales.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

I wasn't passionate about pest control, but I could get really passionate about the sales side.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

And I loved helping other college students.

The Level Up Podcast w/ Paul Alex
From Broke College Kid to $500M Pest Control Empire โ€” David Royce Explains

I mean, it was really life-changing.