Jeff Dudan

We had about 160 owner groups operating 240 markets and I sold it to Home Franchise Concepts in 2019. But, you know, coming back to operate again, it's it is all about being outcome focused. Right. So I'm sitting here in 2019, 20. I'm comfortable, which I fight every day. I'm comfortable. I'm doing investing, advising.

Yeah, it was good.

Yeah, it was good.

Yeah, I had plenty of money. But I'm sitting here and I'm like, all right, do I want to take my chits and run off to the golf course and to fishing? Or do I really want to? I'm looking at the country and I'm looking at everything that's happening in 20 and 21. And I'm like, you know, capitalism and families need businesses because they're a high class asset.

Yeah, I had plenty of money. But I'm sitting here and I'm like, all right, do I want to take my chits and run off to the golf course and to fishing? Or do I really want to? I'm looking at the country and I'm looking at everything that's happening in 20 and 21. And I'm like, you know, capitalism and families need businesses because they're a high class asset.

And we're looking at 100 to 150 million more people in this country by 2050. There's increased migration.

And we're looking at 100 to 150 million more people in this country by 2050. There's increased migration.

Yeah, 339, I think, or something like that. So there's a housing shortage in all of these hot markets where the markets are growing. Yeah. So there's going to be massive home building. There's going to be retail. There's going to be hospitals, infrastructure, all of this stuff. So you'll never find a home front brands nestled comfortably between a Blockbuster and a Curves, right?

Yeah, 339, I think, or something like that. So there's a housing shortage in all of these hot markets where the markets are growing. Yeah. So there's going to be massive home building. There's going to be retail. There's going to be hospitals, infrastructure, all of this stuff. So you'll never find a home front brands nestled comfortably between a Blockbuster and a Curves, right?

Because there's no obsolescence building into home services. So I know with confidence that if I look a franchise owner in the eye,

Because there's no obsolescence building into home services. So I know with confidence that if I look a franchise owner in the eye,

And if I'm committed, I can say, if you put your shoulder to this, if you follow the plan, if you make this a priority, and if you execute, you can build a material business inside of the Homefront Brands platform with this one that you're starting with or additional ones. And we're never going to run out of opportunities to compete in property services.

And if I'm committed, I can say, if you put your shoulder to this, if you follow the plan, if you make this a priority, and if you execute, you can build a material business inside of the Homefront Brands platform with this one that you're starting with or additional ones. And we're never going to run out of opportunities to compete in property services.

So to me, it's the most durable segment in franchising. And it's uncapped because you're not capped by a number of seats in a restaurant or a number of spots in a fitness routine or anything like that. And that's what gets me up every day. But like at the end of the day, you have to be really, really focused on the four-wall economics for the franchise owners.

So to me, it's the most durable segment in franchising. And it's uncapped because you're not capped by a number of seats in a restaurant or a number of spots in a fitness routine or anything like that. And that's what gets me up every day. But like at the end of the day, you have to be really, really focused on the four-wall economics for the franchise owners.

You have to care deeply about these people because in the example that I use, like we get a cross-section of the population. We've got people – we got one guy that built a $50 million business building MRI setups in hospitals. Multiple businesses. Guy's been successful over and over and over again. He came in and did a big buy with us. And he's like, I like the model. I like the space.

You have to care deeply about these people because in the example that I use, like we get a cross-section of the population. We've got people – we got one guy that built a $50 million business building MRI setups in hospitals. Multiple businesses. Guy's been successful over and over and over again. He came in and did a big buy with us. And he's like, I like the model. I like the space.

I like you guys. So we have a lot of people like that. We have private equity refugees investing in our businesses.

I like you guys. So we have a lot of people like that. We have private equity refugees investing in our businesses.

You know what was so great? So I do – I'm in the franchise industry kind of like you're in the home service industry. But I got to go to this RhinoX event with you and with Cristiano yesterday. Man, it felt good to be amongst contractors again.