Jeff Dudan
👤 PersonAppearances Over Time
Podcast Appearances
And there's another private equity company that I recently met. Now, there's probably one of the – like one of the more famous ones and – They do a lot in franchising, and they're huge and all of that. Now they want to fly in and meet with us. And we're not in the market or anything like that, but they just try to get to know you.
They want to get to know you and all that. But, you know, in that particular one, I mean, they have 10-, 15-, and 20-year fun lives.
They want to get to know you and all that. But, you know, in that particular one, I mean, they have 10-, 15-, and 20-year fun lives.
Yeah, which I heard you talk about the other day, which I was going to ask you about. But the reality of it is, then, if it's not going to flip in three to five years, when are you going to get your second?
Yeah, which I heard you talk about the other day, which I was going to ask you about. But the reality of it is, then, if it's not going to flip in three to five years, when are you going to get your second?
And anything I do, no, close. But they've done a great job, by the way, with their investment in ServPro. I mean, they've 3X.
And anything I do, no, close. But they've done a great job, by the way, with their investment in ServPro. I mean, they've 3X.
They've 3X'd their revenue. So they've done a really, really good job with them. I can coach people.
They've 3X'd their revenue. So they've done a really, really good job with them. I can coach people.
Yeah, but nothing is going to change your life from here on out.
Yeah, but nothing is going to change your life from here on out.
Yeah. Do you think it's rare that your equity partner gives you this much latitude to do whatever it is you want? Or was that the deal going in?
Yeah. Do you think it's rare that your equity partner gives you this much latitude to do whatever it is you want? Or was that the deal going in?
Yeah, yeah. Actually, I'm probably rolling out an education business in that space just because – You know, I do care about expanding the reach and relevance and the professionalism of the franchise industry. I mean, I've heard you say before, you know, hey, it's a lazy way to do it. If you can't do it, you know, it's a lazy way to build a business.
Yeah, yeah. Actually, I'm probably rolling out an education business in that space just because – You know, I do care about expanding the reach and relevance and the professionalism of the franchise industry. I mean, I've heard you say before, you know, hey, it's a lazy way to do it. If you can't do it, you know, it's a lazy way to build a business.
Yeah. And while people get big eyes. Right. And they say, well, I got this donut shop and, you know, there should be a thousand of these donut shops. But they really don't understand what it takes. But, you know, they get around somebody that and the bottom line is families get hurt. Like many franchise owners invest their life savings in a business. And it's really important that it's done well.
Yeah. And while people get big eyes. Right. And they say, well, I got this donut shop and, you know, there should be a thousand of these donut shops. But they really don't understand what it takes. But, you know, they get around somebody that and the bottom line is families get hurt. Like many franchise owners invest their life savings in a business. And it's really important that it's done well.
Let me ask you this, man. Three years from now, who's the CEO of A1?
Let me ask you this, man. Three years from now, who's the CEO of A1?
I want kids.