David Royce
π€ SpeakerAppearances Over Time
Podcast Appearances
We expanded to a bunch of locations.
I said, if you had the time, how would you fix the business?
Because he was working in the business as opposed to on the business.
And he gave me a list of about 30 things and said, here's all the things I would try to figure out how to do better and improve.
And so I had somewhat of a blueprint to go, okay, well, I can go work on these things.
And then, you know, if I had questions, I actually had him invest in the company initially.
He tried to get me to just go do my own thing.
And then the key was selling his business.
He actually said, by the way, I'm selling my business.
I'm going to sell it for 10 million bucks to Terminex.
And I kind of was like, wait a second, you've only been in business for,
you know, barely four years and you're gonna sell the company?
And he's like, yeah, he's like, you know, it's kind of time to cash out.
We've done really, really well.
And I thought, well, that's, that's like an amazing opportunity.
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.
So he was very helpful.
He was a silent investor in that business.
I'd saved about 300 grand.
He had 300 grand that he put in and, you know, he took a little bit of equity.