David Royce
๐ค SpeakerAppearances Over Time
Podcast Appearances
No, off the top of my head.
Baby boomers?
Yeah, baby boomers.
They're retiring, right?
And there's a lot of them that are in these blue-collar trades, and they don't have anybody to sell to.
Like, their kids don't want to go into the business, maybe because it's not as sexy as the news, you know, is what's reported.
And so they don't know who to give it to.
So you can do, like, your own roll-up, and that's what a lot of these private equity companies are going in, and they're buying all these up.
And so, yeah, I think there's a great opportunity to buy at a good price, get in, learn the business, scale if you want to, and roll up yourself, and then sell the business down the road for a much higher multiple.
Yeah, I think it's that as opposed to working โ
On the business, you're working in it.
And it's a function of time.
You know, it's not the big things that hold us back.
It's actually the little things.
It's feeling productive.
You know, I like to divide up my time in A's, B's, and C's.
An A would be something that's important, but not urgent.
A B is something that's somewhat important and somewhat urgent.
And then a C is it's urgent, but it's not that important.
So a C might be paying your bills.