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John Gafford

πŸ‘€ Speaker
16394 total appearances

Appearances Over Time

Podcast Appearances

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And here's why.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

Because the extra 20% is just ego anyway.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

It's not real.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

So if they're doing it at my perceived 80% is good, they're probably 120% better than I was anyway.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

They're probably better at it than I was.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

Yeah.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

How do I reconcile those two things?

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

We are, you know, plumbing business, nobody cares who shows up to fix the toilet.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

They just want it fixed.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

Her whole platform is acquiring businesses on seller financing because so many businesses just don't have anybody internally at all that can purchase them or take them over.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And now boomers are retiring like crazy.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And there's all these trades, just different kinds of businesses out there with no succession plan whatsoever.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

No thought to it.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

Yeah, it's far better than an exit.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

Well, no, or what's even worse is you go from having a company to literally having a job for two and a half to three years.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

You have to sit in the seat and you're like, why did I do it?

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

Now I'm an employee of this company and why would I have done this to myself?

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

I've had a couple of friends that have had some pretty decent exits that involved them staying on as an employee.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And, you know, I like to think that one of the things that makes people great entrepreneurs is the fact that they're chronically unemployable.

Escaping the Drift with John Gafford
Building a Business That Outlasts You (David Grau Sr.)

And then, yeah.