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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

No, off the top of my head.

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

Baby boomers?

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

Yeah, baby boomers.

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

They're retiring, right?

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

And there's a lot of them that are in these blue-collar trades, and they don't have anybody to sell to.

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

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.

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

And so they don't know who to give it to.

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

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.

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

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.

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

Yeah, I think it's that as opposed to working โ€“

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

On the business, you're working in it.

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

And it's a function of time.

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

You know, it's not the big things that hold us back.

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

It's actually the little things.

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

It's feeling productive.

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

You know, I like to divide up my time in A's, B's, and C's.

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

An A would be something that's important, but not urgent.

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

A B is something that's somewhat important and somewhat urgent.

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

And then a C is it's urgent, but it's not that important.

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

So a C might be paying your bills.