Determined Society with Shawn French | Adversity & Mindset - How David Royce Built a $500M Pest Control Empire From Door-to-Door Sales
Episode Date: January 2, 2026What does it really take to build a scalable business that survives without you?In this episode of The Determined Society Podcast, David Royce shares how he went from knocking doors as a college stude...nt to building and exiting multiple pest control companies, including a $500M empire operating across 34 states and 5,000+ cities.David breaks down the real mechanics of scale, why blue-collar businesses with white-collar systems are massively underrated, and how obsession, systems, and cash flow discipline separate businesses that grow from those that collapse. Key Takeaways-A business is truly scalable if you can step away for 30 days and it still runs without you.-Growth is meaningless without strong cash flow and financial control.-Some of the most profitable opportunities exist in overlooked, blue-collar industries.-Systems and processes create freedom and allow a business to operate without constant involvement.-Great sales come from listening, understanding people, and solving real problems.-Obsession and persistence matter more than talent, because most people fail by quitting too early. Connect with me :https://link.me/theshawnfrench?fbclid=PAZXh0bgNhZW0CMTEAAaY2s9TipS1cPaEZZ9h692pnV-rlsO-lzvK6LSFGtkKZ53WvtCAYTKY7lmQ_aem_OY08g381oa759QqTr7iPGADavid Roycehttps://www.linkedin.com/in/david-royce-22539425/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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A lot of people ask me, well, how do you know if you have a scalable business?
I'm like, take a 30-day vacation.
And if you come back and your business is still there, you're ready.
You've made an amazing, amazing empire.
What are your tactics?
The first year I almost bankrupt the business.
Persistence is genius in disguise.
You know, it's just that if you really want something, like, how hard are you willing to work for it?
Pest control.
Right.
Not the sexy.
No. I felt four different of the pastest we're in pest control companies in the nation. The entire
country was hearing about what we were doing in Carotta California. We first started out. It's wild.
There is an article in the Wall Street Journal this last year. It was called the stealthy wealthy.
People who make $2.3 million or more per year. Forty-three percent of all businesses are these guys.
Wow. Lots and lots of opportunity.
What's up, everybody. I'm back here with David Royce. What an amazing story.
This gentleman built a pest control company to a massive exit of 500 mil.
We started in college.
His buddy had mentioned him, he can go make some money in the summer going door to door.
And he made an amazing career out of it.
And if you're watching this on YouTube, you could probably see why he's probably the most handsome dude we've ever had sitting in our seat here in a studio of the determined society.
So who's going to tell this face, no?
But hey, man, welcome to the show.
Hey, thanks for their opportunity.
Appreciate it.
Dude, I'm super jack to meet you, man.
you're out here from California and you're flying back on me. I was hoping to take you to breakfast
afterwards. I know. It's a quick in and out. I love getting back home to see my kids at night before they go to bed.
See, so let's touch on that, man, because that is so important. I'm the same type of father.
When I'm building out my schedule, I have to make sure that I need to make sure I get a flight back at a certain time so I can put my kids down at least.
Yeah. Especially if I'm in, you know, the West Coast and I'm flying all the way back to Florida.
I want to be able to see my kids.
You know, and we have, I mean, that's, that's a blessing because, you know, there's a lot of parents that they'll go on the road trips, man.
They're like, I'm going as long as humanly possible, so I don't have to go home.
But, you know, I'm happy to hear that you're not just a successful entrepreneur.
It sounds like you really, really care about your family.
Yeah, it's you.
You know, it's times and seasons, right?
You can bust your ass for a bunch of years, you know, but when you start to have your family, your priorities change.
Yeah.
That's not a bad thing.
It's a good thing.
and he just realized, like, what's important to you
and where you want to put your time.
Absolutely.
How old are your kids?
So they are 13 and 10 and a half.
Okay.
Wow.
Yeah.
You're a teenager.
I know.
It's starting to happen.
Is it two boys or girls?
Two girls.
Oh, gosh.
So I have a 12 year old son and then a nine year old daughter and a six year old daughter.
So you know exactly.
I know exactly.
Yeah.
You're going to have to send me some ideas of what happens when they hit 13.
Because sometimes my six year old, I feel like she's already starting.
Like,
Great soul, but she will tell you what she thinks.
But did you have an amazing story.
So, of course, I did some research and reading up on you.
You try this thing for the summer.
And it didn't start off very, very good for you, right?
No.
Walk the audience through that origin story because I think there's a major lesson here.
But as you close it out, I want you to also tie in because a lot of people look down on people that go door to door.
Right.
Yeah.
And when they come into our neighborhood, our HOA is like, get out.
I'm like, no, I want to, I want these people at my door because I want to see how they're doing it, right?
So I just also want, if you can inspire the audience to not look down on certain types of careers, because you've made an amazing, amazing empire by from starting from there.
So I'll let you, I'll let you roll into it now.
Yeah, Sue, I had a friend in college.
You know, I'm working at a snowboard shop for minimum wage.
And, you know, it's hard to going to college at the same.
same time and trying to work part-time. It's hard to get the best grades possible. And he just said,
hey, last summer, I made 25 grand going out to California. And we had a lot of fun, you know, weekends,
but I made 25 grand these three and a half months. And, you know, it's like double in today's money.
And I thought, okay, there's nothing else I can do that can make that much money. Yeah. I'm going for it.
I have no idea. Right. I don't know exactly what that is pest control. I've never really heard of it,
but I'll go try that.
And so we get out there and the first week, I'm just, it's miserable.
I'm horrible at sales.
I hadn't really studied up on sales, didn't know what I was selling.
And everybody else around me selling one to four accounts per day.
And I go the first five days in a row was zero.
It's just zero.
And you don't get paid.
It's a commission's only job.
Okay.
So that weekend, you know, I'm questioning.
I'm going, gosh, like, am I cut out for this?
Like, what's the issue?
And I said, okay, well, I'm going to go down to the bookstore and I'm going to buy some sales
books and try to just start setting up.
And by the end of that summer, what I said is I'm going to commit myself to 90 minutes
a day to reading.
And I would sit up by the pool, read.
A lot of my other friends were hanging out and playing or doing whatever they want to do.
And I was the top sales rookie by the end of the year.
And so I figured it out.
It's just my personality.
It's just like I'm relentless when it comes to something I really am excited about and
want to do.
And then the next summer, I work for a big company that first year.
the next summer I was recruited by a small company to go work as a sales manager and then to bring out some friends. And when I got there, there's no sales training manual. And I'm like, oh, crap. Like I want my friends to do good at this. So I asked the boss, I'm like, can I write a training manual for you, you know, to train everybody? And he's like, yeah, that's amazing. They'd only been in business for a year. I didn't even realize that. It's probably one of the key questions I should have asked. Right. Exactly. But he had worked for a much larger company previously. And he was one of the first guys to kind of break away from a marketing company for door to
door and go do his own thing. They were doing about one million, maybe a million and a half
when I first got there. They had one year and it was fairly successful. And then when I got there,
we, we doubled what he had done the previous year. And it was twice as, we were twice as successful
as his other sales team. He had another sales team. He down in Austin, he'd open two locations.
And we were in Dallas, Texas. And so at the end of the summary, he said, look, I would love to pay you a
commission off every single person that you recruit and you can oversee the entire sales program.
You can develop, do whatever you want to do. Like, I would love for you to multiply what you're
doing. So the next two years, next two summers, like every year, every summer in college, I'm going
out and I'm doing this, you know, sales program. And by the end, I'm making $225,000 a summer.
Are you kidding me? Right. And so that's almost a half a million in today's money.
That's insanity. Making a ton of money. So I was recruiting like 100 people.
you know, training them, manage them over the summertime. And then I was going to go to
get into investment banking. I was studying finance. And I go to my boss and I'm like,
hey, I need you to write a letter of recommendation for this because, you know, pest control is
probably not going to be very sexy to investment bankers. You know, they probably will even
look down on it. Yeah. But if they understand what I've done, I think that's what will really sell
them and like the idea of also having a sales background mix with finance I think was super
would have been super helpful for M&A and that was the point where he just looked at me and he's like
what are you doing wow he's like you you're like the top 1% one percent one percent in sales in
this industry and you're going to go work for somebody else year round for 80 hundred hour weeks
he's like I just don't get it he's like you should really go start your own company so it's him
that actually like encourage me and I when he first told me I'm like no like the
it's blue collar.
Like I have a college degree.
Like I'm,
gonna go to New York, you know.
Yeah.
That's sexy.
Yeah, that's cool, man.
I went to,
I went to all this school.
I'm gonna make good of it right now.
I'm gonna go to New York.
I'm gonna do something big.
Yeah,
so that's how I originally got into the industry.
Ultimately,
took his advice.
I'd saved like $300,
grand while I was in college.
I was thinking I was gonna go to MBA school.
You know,
needed to save money for that.
And,
um,
yeah,
the idea of door to door.
For me,
what was always exciting about it is,
it's not a glamorous job.
You know, it's hot outside.
You're working, you know, a lot of times you're working all the way through the day
and even into the night until dark, you know, until maybe 830 at night.
And tons of rejection, but it was damn good money.
I bet.
And for me, like, I've really enjoyed creating like the best job possible for college students.
And even today, it really is.
I mean, we have some, there are some salespeople that will make up to a million dollars a year.
You know, in a four, maybe five months summer, they'll, like, expand their summer a little bit so they can make even more.
A million dollars.
That is wild, dude.
It's crazy.
I mean, they're freaks of nature, but, you know, to make $100,000 and it's not totally uncommon.
A lot of, there's a lot of salespeople that make that, especially the sales managers.
I mean, they're typically making $100,000 or more.
A month?
In a summer.
Three and a half months, yeah.
Wow, dude.
So most of our college students, it's just like they're willing to grind and work really.
hard that, you know, they want to pay off their college debt while they're in school, not to think
about it. Dude, that's so funny. Like, I'm thinking about it, I'm thinking about to me, because,
you know, I was the baseball player, right? I was at LSU. We, you know, thinking, thank God I didn't have
all that money back then. Like, I don't know what I would have done with it. You're saying, like,
oh, yeah, these people want to pay off their college. I'm like, I would have blown that money.
That would have been very irresponsible. It's like all these football players.
Yeah. I cannot believe. Could you imagine? Could you really imagine, like, oh, here's,
here's your NIL deal.
It's 12 mil.
For three, four years, it's like,
wait, what did you say?
It's like a frigging rookie contract, man.
It's crazy to me.
But anyway, I digress.
It's interesting to me because, you know,
when you, I want to point something out at the very beginning.
He said, you know, the first week, I was terrible.
Yeah.
Didn't sell anything.
And you started contemplating.
Is this really for me?
And I think a lot of people will do that initially, right?
I think I did that as well when I was selling payroll for paychecks.
Sure.
My first three months, I was God awful.
I was terrible.
Yeah.
And then I ended up being one of the best sales reps in the company, right, for many years.
But I started working on things.
I started pointing out a process of mine, right?
I was like, I have all these zip codes.
So Monday, I'm going to be in this zip code.
I'm going to write everything down.
I'm going to take notes.
I did the same thing every single day.
And within three weeks, my business blew up.
Yeah.
Right.
And that's kind of what you're saying.
You took control of your struggle.
And I want you to dive more into that because there's a lot of people listening or watching the show that are sitting in that trouble right now.
Sure.
And in that thing that they're not very good at and they want to either blame somebody else or this is just the way it is.
It's not written for me to be successful.
All these different low energy excuses.
But you took control by reading books and in spending that development.
development time for 90 minutes a day, walk them, you know, dive more into that because I think
there's something really big there. So it sounds like you cut your teeth and sales. Oh my God.
Yeah, dude. Yeah. So payroll, then medical. And then that was medical business was the last
business I was in. Nice. And in 2024. I was like, no, I'm going in this. I'm doing this full time.
Like I'm going for it. You know, it's everything is hard before it's easy.
Mm-hmm. Right. And the, the old phrase, uh, persistence is genius and disguise.
you know, it's just that if you really want something, like, how hard are you willing to work for it?
And there's answers out there. Like, for me, if I've seen somebody else do something, I know it's
possible. Like, that seeing is believing. If you could see it, you can be it. So, okay, well,
it's just like, what do they do to get there? And so I just slowly start studying trying to figure out
what are those steps, you know? So I went out and got the, you know, half a dozen sales books.
So I read up the, on those. I looked at all the different rebuttals, you know, that a customer could
objections that you give.
And I wrote down rebuttals for all of them.
I just said, okay, here's how I would get over this.
And then I started wordsmithing it and making the vocabulary just right.
You know, because I noticed these sales books, they were, they were like masters.
They're like magicians of their wording and how they would say things.
And then I would take it to the next level where I started reading body language books.
There it is.
How do you, it's not just what you say, right?
It's how you say it and how your body language communicates.
And also paravirbivorably, like how you say it, you know, your volume,
for voice, the speed, the pitch, you know, pausing, all those sorts of things. So that was like
the next step to really develop it. But having lots of different rebuttals, you know, multiple
rebuttals for the same ejection, because sometimes they don't accept the first one. And then having,
I called them aces, you know, it was, it was something else you were able to lay down to offer,
that maybe you hadn't told them yet about the service. And then having even a different close.
So they didn't hear the same clothes and psychologically think, I had already heard that as close.
so I don't want to accept it again.
There's a lot of psychology and sales.
And the nice thing about commission jobs
is you're incentivized to get better
and to learn more.
And it's like, gosh, if I can make another 10 grand,
like that was life changing at that point, right?
In college.
Absolutely, dude.
But then it was like,
if I can make another hundred grand,
how would that change my life?
It's wild. The mark always moves, doesn't it?
It does.
We just kick the goalpost back.
Yeah, just move it.
Yeah, we'll move that goal post this way.
We'll just keep going.
It's interesting to me because you know, you talked about the body language.
You talk about just even hearing somebody's voice.
That's why I love speaking on the phone.
You know, if I'm talking to somebody, instead of just the texting, I like to hear their voice.
Because I know what they really mean when they say it.
Yeah, I'm good with that.
Like, yeah, I can do that.
Wait, wait a second.
Are you really?
I don't think you are.
I'm hearing this.
Am I wrong?
Right.
no, you're actually right.
I'm like, okay, cool.
Then let's just not do that, right?
So it's super important.
And with sales, I always thought,
because I always asked me like,
what's your technique?
What are your,
what are your tactics?
How are you selling so much?
How are you so good?
I'm likeable.
Right.
I have conversations with people.
I don't beat them up with the brochure.
I don't beat them up with the features and benefits.
I ask them what their issue is,
what their problem is.
And I ask them,
Okay, so if we can find a way to solve this for you,
you'd be interested in, you know, moving forward to the solution.
Yes, absolutely.
You already have the, you just pre-closed them.
And then you solve their problem.
All right, when do you want to run your first payroll next week?
Cool.
Sounds good.
Yeah.
But you're having this conversation and you're dialed into the person.
I think a lot of salespeople think too much about the sale and the features and benefits.
What are your thoughts there?
Yeah, I totally agree.
I think that kind of what you're talking about.
with dialing in to the customer, what's critical is to have that sensory acuity to know who
is this individual. How do they need to be spoken to? In order for somebody like you,
people like people who are like them. And so if you can be, if you can talk in a language that
they can understand and that they can hear, great. So, you know, how do they stand at the door?
That's what I'm thinking when I'm first there. You know, are they, are they leaning up against the
door or whatever else, I'd lean up against the door too.
You know, I would start my body line.
Mirroring.
Yeah, you start mirroring, right?
And then same thing, you start echoing with your voice, almost in a similar way, the speed
at which they talk, you know, the type of slang they might be using.
You can adopt things very quickly.
You're in the South as y'all.
Exactly.
You know, if you're in California, you guys.
Absolutely.
I mean, this is important stuff, man.
This is guys, this is why he was so good or is still good.
He'll be doing something else soon.
I'm pretty dang sure of it.
I ain't going to keep this guy out for long.
But this is important because when if you're able and I hate saying be a
chameleon, right?
Because you don't want to go.
I love Santa.
I say it all the time.
But sometimes, you know, people take it a step further and they're different everywhere
they go.
But I think professionally it's super important.
The one thing that I always pride myself on is like, can I talk to a homeless person,
the way I can speak to a doctor, the way I can speak to a psychologist or or a manager of a
grocery store or a.
or a owner of an HVAC company.
If you can find ways to relate to all of them,
you're going to be fed.
Right.
And I think that's what people are missing.
That is what people are missing.
When they say, I'm struggling with sales,
like, or I can't build my company.
So there's a big disconnect.
Because you're thinking about one thing,
and it's just yourself.
So if you can get into what you're saying,
mirroring language,
mirroring body movements,
everything.
This is, this is, to me,
that's everything with sales.
The tactics, the skills, those aren't it.
Yeah.
Yeah, I remember somebody once asked the question,
if you could be an animal, what type of animal would you be?
You know, and some of the people in the room were like,
I'd be a lion, right, be this or that, I'm like, all right.
And I said, I'd actually be a chameleon.
Because I love having the ability to talk to anybody.
Yeah.
It's the same thing when it comes to politics or whatever else.
Like, I don't want to pick a side.
I want to hear, one, I don't want them to think or have bias against whatever my actual
view may be.
And it's like, here, tell me more about that.
You know, I can listen and I can adapt and I can, you know, build a relationship of trust
based on the things that I do believe in and that they believe in it the same way to be able to,
you know, build a relationship.
Yeah, it's sensory cutity.
You know, some people will say, oh, well, that sounds like manipulation.
I'm like, no, it's just good sensory cutity.
Like, it's just good being a good neighbor, like socially being able to talk to somebody.
You know, it's so funny when people say that, right?
It's like, it's manipulation.
I know it's emotional in time.
I mean, there's books about this thing.
Like, you don't have to be IQ smart, but if you're, if you're, if you're EQ smart, right?
Like, dude, there's nothing you can't do because you're understanding people.
If you understand people, you understand the psychology of people.
You understand how things move and things work and then how to infuse yourself in ways to benefit, right?
Right.
There's their problem or in your gain as well, right?
Because it's business.
I mean, we, you know, we don't do things for free.
You know, we like to make money when we do them too.
But I think just the overall, I would say, what is that word I'm looking for?
Man, I'm looking for a word.
I don't always get stuck, but sometimes I do.
It's just your motive, your motive, what's your motive, right?
What are your intentions?
It's like, no, I'm going to be good for this person.
I'm going to hear what they have to say.
But, you know, ultimately, I think that's one piece, a lot of young salespeople or even the ones
that you get beat up in your email all the time.
You know, hey, you know what I heard the other day?
You know what I saw?
You're going to enjoy this one.
I have to bring this up.
My email gets bombarded constantly by, you know, alternative production, clips, marketing,
coaches to scale my business to a million dollars in 60 days.
Or I don't pay a dime.
Like, dude, get out of my email with that.
This guy said, hey, long time, no talk.
I was just going to call you today, but I figured I would just write you to see if you had any
availability tomorrow to talk about what we spoke about a few months ago. And I wrote back,
I go, I've literally never spoken to you before in my life. How are you going to call me?
How are you going to call me when you don't have my number? I was like, you may have the best thing
ever, but I'm going to tell you right now, I will never buy from you because you lied to me.
Yeah. There's a lot of that.
going on too. Yeah. You know, it's as someone, like, we're all in sales, right? You're an
entrepreneur. You're in sales. And it's often those who are in sales admire other people's
persuasiveness. Yes. Or their sales pitch or whatever else the most. It's like you're okay with someone
knocking on your door. Yeah. I'm the same way. I'm like, if you can get past my no soliciting
signs on that. Exactly. Exactly. You have the holes to knock in my door. All right. I'll hear you out.
I'm with it. I'll critique you. I'll tell you what you can do better.
Yeah, I mean, it's funny because I thought of you was a couple of weeks ago, you know, because we knew we were doing the show.
And I use a certain pest control company.
I'm not very happy with them.
And then somebody else knocked to my door and said, hey, you know, I was just over there servicing so-and-so.
Right.
You know, and I wanted to come introduce myself.
I said, I know they use the same company I use.
So won't we start over?
Yeah.
Yeah, you go.
I was like, I know for a fact because I saw their, their little post on their, right.
He goes, so let's start over, man.
I'm going to give you another opportunity to start.
Hey, I'm just canvassing the area.
I do have some, you know, some homeowners in this neighborhood that, that I do service.
I said, right.
That is true because I see you.
And, and we had this great conversation.
And I was like, I'm good, man.
And he's like, you sure?
I'm like, I have one problem.
And if you can fix it, I'm all.
in. I go, my pool cage. My current pest control company says they can't spray for these spiders.
He goes, oh, we treat them. We go around like ghost bugs. I'm like, can you show me what you're
talking about? Boom, hired him on the spot. Wow. But we had this conversation, you know,
and I was open. I was open to him because he knocked on my door and I answered. Yeah.
And I think there's a lot we can learn from that, right? Just be open people. Just because they're knocking
knocking on your door doesn't mean they don't have any value. Right.
And he had a solution for this problem that my wife is consistently upset about.
So I felt like I, you know, won the war that day.
My wife got home.
I guess what I did for you today?
Totally.
Fix your spiner problem.
You know what's funny too is, man, if you're truly self-interested, never lie.
Because the relationships are like long term.
The way you get more business, not just from one individual, but it's from their
neighbors by real, you know, referrals.
Say I, you see some people and it's just like they're early on on their sales and they
think, oh, I can just say this and hopefully they'll believe it.
And it's like, well, if you're servicing other people in neighborhood, why would you
say, this neighbor's doing it?
Just say, hey, I've got about 10 other neighbors of the neighborhood.
Yeah.
We're treating.
I'm trying to build my, I'm trying to build my portfolio here in Westbrook.
Like, what's up?
Let's do this.
Right.
You know, I want to get into the adversity side of things, man.
I mean, and, you know, this show, the determined society is based on determination and discipline and just showing up for yourself even on the days you emotionally don't want to.
Right.
And so at the end of the show, I'm going to ask you your true definition of determination.
But before we get there, I want you to talk to the audience and describe to me that building process, right?
Because, you know, a year ago, you sold, right?
But there was a lot in between there.
And there was a lot of work.
I'm sure there's a lot of adversity and a lot of things that you had to work through, you know, to stay steadfast in your mission in order to get the end result that you had.
So once you walk the audience through some of the hardest parts of building this company, you know, personally and professionally.
Yeah.
So about a year ago, I sold my business and exited.
It had been about 20 years.
And I built four different of the fastest current pest control companies in the nation during that time.
This last one, I have an NDA, so I can't say how much it sold for, but we're doing about
500 million, that's public.
And the average pest control company sells between one and three times revenues.
Usually the large you are, the higher a multiple you get.
So, you know, it's a big company.
We're in 34 states, you know, in 5,000 cities.
Third largest residential pest control company in North America.
The audience is like Googling this stuff right now.
We started out with just one location.
You know, and what happened was I, my boss told me, you know, by the way, I'm selling my business and I'm getting out.
And I'm selling it for 10 million bucks.
And I was like, wait a second.
Okay.
So I was here for three of the four years that you did this.
You, you know, you're only doing a million and a half.
We took it up to about $9 million.
You're going to sell it for $10.
That's actually good money.
You know, if I was to utilize kind of that same model and I don't like pest control, then maybe I'll just go back to MBA school because that was my original plan.
So he was the one who originally encouraged me.
And I had a, there was a bunch of advantage.
I had a finance degree, which most people don't have in pest control.
Most pest controllers are mom and pops.
Yeah, it's just like a one-man show.
They probably worked for a big company, broke off and started their own thing.
And they're very focused in the business as opposed to on the business.
And so for me, I was excited about building something, you know, becoming an entrepreneur and scaling.
So the first company I started, it was very similar to, it was kind of like me working in a lab and trying to think.
out. I'd knocked on 60,000 homes over four years. And I picked up a lot of information, you know,
in terms of what customers were looking for, you know, the residential side. We love working
with people who had families and had pets. That was really our niche. And I never, I never wanted
to go knock a door again. I never wanted to go service a home myself. I wanted to study and
implement, you know, test different things out, different ideas to see what would work and how we
could improve the business and how we could scale.
It turns of struggle, the first year I almost bankrupt the business.
So, you know, you think you know a lot.
You got your college degree or whatever.
And we grew too fast.
Oh, wow.
So I actually convinced my old boss to invest in me, said, look, I don't want to do
anything.
I'll be a silent partner.
But I'll invest into you.
I'll match what you are putting in.
And then that gave me the ability to grow even faster.
And so I thought we might put on maybe four or five thousand accounts.
The first year we put on almost 7,500.
And the problem was cash flow.
So when you're paying out the sales reps, they're their commissions, although you pay it out over time, you're still paying out, you know, the money before all the revenue comes in.
Because you're thinking, well, these customers might stay on for five years.
I can pay out X amount.
But, you know, if you're going to pay them out within three and a half, and even if you pay out some bonuses like six months out or whatever, you just don't have enough money if you go too big.
And so I actually had to convince them.
They all had great summers.
Like we were, I mean, the entire country was hearing about what we were doing in Corona, California.
We first started out.
That's wild.
And so, yeah, I just went to them and I said, look, like, we did way better.
And I thought we would.
Are you okay if I, you know, pay you in two months from now.
You know, I'll pay you 10% interest or whatever.
But I just need to get through this.
And I had worked in the trenches with them training the guys.
And they were like, yeah, of course.
They're all coming back the next year.
They, you know, had a great experience.
experience. So I learned from that. I said, okay, let's let's not go quite as big. Let's do about
the same amount the second year and make sure our cash is good. And then I'll have a better
idea of how the cash flow is working and go from there. You know, it's the, someone who wants to
tell me that revenue is vanity. Profits are sanity, but cash flow is reality. So I learned,
I learned that lesson very young. It's so funny. You may be thinking of something to you, Dave,
is so I have another business, right? I have a partner. And we,
have a payroll company.
And I, and admittedly, I don't go hard on that payroll company.
You know, I kind of get things here and there.
Right.
But when we were building it, that's the first thing that I saw.
And I was like, okay, we'll get these sales reps.
And then I said, hold on.
Hold on.
Because my partner was like, yeah, we need to do that.
Sure.
And he's like, you come up with a comp plan.
I go, I can't.
He goes, you know this stuff.
I'm like, oh, no, I've got the comp plan already in my mind.
I go, but if I execute this comp plan,
and we have two sales reps at this early juncture
and they get 10 grand in revenue each.
Right.
We're cooked.
I go, because we're bootstrapping this thing.
Right.
Right.
And he goes, well, how do the,
the company is like paychecks and ADP do?
I go, do you want to see the reserve accounts?
Like, they have a ton of money.
So they pay net 30 on all of their,
all of their sales.
But like, I think that's a,
that's an interesting point because,
you're the only other person I've spoken to that had that issue immediately.
Like, oh, this is a problem.
And a lot of people right now are thinking, well, I'll just build it so quick.
And then I'll pay people, right, some commissions.
So you guys got to be careful, you know, because you may not have the cash flow to pay those individuals.
And that would be a very bad thing.
Yeah.
And as a business owner, like you get paid last.
Yeah.
Right.
Unless you also have to think about yourself, which, you know, I couldn't do at the time.
And I'm paying everybody else out.
But even then, you know, if you have a great business model, they can grow too quickly.
You can actually grow yourself out of business real quick.
That's wild, man.
Yeah.
Well, again, we're on the right track here.
You know, we've, we've been slowly building this, the business side of it, right?
It was just, it was just a good show before we were doing great numbers.
I'm like, this is just a hobby.
We better fix this, man.
Better fix it.
But you never want to grow too quickly.
You want to make sure you have everything in place.
And, you know, I think the growing, the scaling quickly is just the sexy things.
thing people talk about on social media.
You know what I mean?
That's what gets clicks, right?
Yeah.
This is the damn clicks, man.
Everybody's an overnight success.
Everybody.
It only took me 10 years to get here, right?
Exactly.
It's just crazy.
So talk about some personal struggles because you talked about the professional struggle.
Was there anything in your personal life that they kind of needed attention because
you were spending so much time doing this over here?
You know, so I was very, very fortunate.
And this is something I'd actually recommend to everybody.
Not necessarily how I did it, but you have to decide.
like the thing you're giving up is your time.
Right.
Like, and I love working 16 hour days.
I was crazy.
I got married in college.
I married my college sweetheart.
That's awesome.
And she wanted to be an attorney.
And so the reason why it worked out so well was because she was working 78 hour weeks,
you know, in law school.
And then she got this insane job doing securities fraud litigation,
working 78 hour weeks.
And so we both had like our dreams and we were both.
set on like let's both help each other go achieve our dreams. And then, you know, on Saturday
nights, we'll get together. We'll go to a great restaurant and enjoy ourselves. And then we'll
spend the day with each other Sundays. You guys still married? That we are. Yeah, 25 years later.
Shoot. I mean, you know, when you see your wife, 3, 24, 10 times a month, you know, I mean,
that, that, that, that's awesome, man. That's good because you both were in your grind.
You both understood your own a journey. Yeah. And absence makes the heart grow fond of right.
Absolutely. Absolutely. Saturday night date nights, man.
That's great.
But yeah, that's the key.
It's making sure you have somebody that's on board with that.
Because if she hadn't been, it just, it wouldn't have worked.
It probably, you know, we probably end up divorced because we wouldn't have both said,
yes, we're on the same page in terms of what we want.
And we did that for about 10 and a half years.
Wow.
I mean, I mean, before having kids.
That point, though, Dave, is super interesting because you look at what could have been,
like what actually is and what could have been or what might not have happened.
happen. Being on the same page of your partner is so important. Because I know a lot of dudes
and a lot of women out there that are married to individuals that would be like, when are you
coming home? Yeah. Like you're still working. Like you're going to come home now? Like imagine
that heaviness when you're out there knocking, knocking door to door. Right. Right. Of course,
my wife asked me, hey, what's your ETA? Yeah. And it's like that. You have kids. That's okay.
And it's like, hey, I need some help at home. Yeah. So my schedule over time, once we did
started our family, that question became more common, more frequent. And it's like, hey, like,
I realize I need to be helpful. Yeah. Yeah. That's cool, man. It's a really cool story because,
and I can just get a vibe for your energy. I can just imagine you would bring the same energy to
what you did out there in the field and then training your sales reps and then training the people
within your companies to build this massive success. It's interesting to me because
a lot of people are sitting there like listening right now, like pest control.
Right.
Like pest control.
Yeah.
Not the sexiest.
No.
Right?
One of the least.
But dang.
That's just that that's really cool, man.
You know, so there is an article in the Wall Street Journal this last year.
It was called the stealthy wealthy.
And there's a professor at a Princeton that has labeled us the stealthy wealthy.
So the top 0.1% of income earners, not the one, just the 1% of the top 0.1% of the top 0.1%
people who make $2.3 million or more per year,
43% of all businesses are these guys.
Wow.
And so most people write, like, it doesn't get a lot of clicks.
You know, it's not good clickbait.
But almost half of the business out there are these kind of boring blue-collar jobs
that a lot of people don't think about are that just don't get the hype.
And many of them are really great business margins because other people don't want to do them.
And so it's a really fascinating thing to think.
I think maybe I should be, instead of just thinking about maybe AI, where it's insanely competitive, or, you know, a lot of people say, I want to be passionate about what I do. I'm going to go look into Hollywood or I want to be a music artist or whatever else. Everybody's running into those industries because they think it'd be fun. But what about the smart way? Looking at other industries where you don't have people maybe that even have, you typically have a college education or MBA or just the drive to get out there and bust their ass and skis.
something with more of a white color approach.
Yeah.
Lots and lots of opportunity.
So I like that, right?
Because you're talking about a blue collar business with a white collar approach.
Right.
And so I know there's somebody listening right now that's going, wait a second, that clicks.
Like all this checks out to me.
I need to not be worried about running to where everybody else is running to.
I can run to an area that wants me that is needed.
Right.
What would you tell those for, how would you instruct those people to start?
Because there might be a man or woman right now, be like, hey, it's time for me to make a move in my life.
Where do I start?
Yeah.
So today's such an amazing time.
Right.
So when I went to college, you went there because in theory, they had the knowledge, right?
Like you could take a business program, you know, go through business program and graduate,
knowing business.
You know, the internet shows how old I am.
But it's just getting started up.
And you couldn't.
Well, I think we're the same age.
Yeah.
How old are you?
So I'm 48.
Yeah, I'm 47.
So we had the AOL to dial up.
Yeah.
So you get it.
Yeah, I get it.
I mean, there were no podcast to go listen to.
No.
Oh, I remember when Harvard and Stanford first started putting their lessons online back in like
maybe the late 2000s.
And I'm like, oh, this is so awesome.
I can learn more.
And now like, guys, like you like, you have incredible podcasts.
There's so much knowledge to learn out there.
It's almost like, I go to college.
Right.
Other than like you're just putting your butt in a seat and you're forced to sit there and
learn. But for those who are self-starters and self-motivated, why wouldn't you just go online
and learn and, you know, listen to podcasts and continually you can be growing and learning?
So today you can go on chat GPT and just ask it. What are the top 10 blue-collar businesses
out there with the highest margins? And it'll tell you everything you want to know.
That's wild, man. So it's easy to like figure it out. Whereas before it's like you had to know
somebody, you know, that was doing it or, you know, they understood business, maybe go to
like a private equity guy or something and try to ask them, like, hey, how do you, what's a good
business to get into? I don't know. So totally different world. It's never been easier, in my opinion,
to figure out how to start a business and to start it with less people than before, right? Because
there's so many ways to be more productive through software and AI. It's, you know, you made a good
point. Like, in this era that we live right now, there's all of these, there's all of these
entrepreneurs putting free information out there on.
how they built their business.
It's funny.
I don't know if you know him,
but you know who Andy Fricela is.
I don't.
So he owns First Form.
It's a number one online supplement company.
Okay.
And in America.
And he's viral.
He had a very good podcast called the MF CEO project.
And yes,
MF, yes,
because he is the MF and CEO, he said.
But he and Von Kohler went through the whole journey
of building First Form and how he did it.
Like, sleeping on a mattress,
painting lines in a parking lot.
He was such a great storyteller.
Right.
Such a fantastic storyteller of the struggle.
Like him and his buddy that owned the first supplement superstore,
they took turns sleeping on the mattress because they weren't going to sleep there together.
You know, they're like, we're not doing that.
But, but like he went through everything.
He told all.
And that was my, that's still my favorite podcast to date.
Like, they just.
they sunsetted it and he started another one,
but they're bringing that one back.
They're now recording to bring that back again.
Yeah.
And the thing that I loved about it is exactly kind of what you're doing
and you're giving people this information of how you built this.
Like literally, here's what I did.
And I tell people this all the time because I learned from Andy,
you want to know how to build a show?
Here it is.
You're not going to go do it.
Yeah.
I know you're not going to go do it because it is intensive.
Right.
But for those that are, I'm here.
hear for it.
Right.
But I really loved listening and that's what inspired me to start this, right?
And it was, you know, right around COVID, but not everybody and their brother had a podcast
just yet.
I got in right before.
Now everyone's got one, right?
But the point is to what you were saying, I took time and I listened to a podcast.
And it helped me sort my mind.
It helped me sort my feelings.
and I didn't know what I wanted to do at that point.
But the moment I went deeper on myself,
all those answers came to me
and then I applied those principles.
Yeah.
And we're doing pretty damn good.
But the amount of information out there for people,
like you can't be stuck.
You can't be stuck.
ChatGBTGBT can write your workout program for you.
You can write your nutrition.
You can tell you your macros, everything.
Yeah.
Because it's all based on SEO.
Right.
Like this is all information.
And so what other tips would you give someone right now that that has that has just started their business in a high, in a high margin area?
But they, but they're, but they're kind of kind of tightening it up a little bit.
And in, you know, they need some help.
What would you say?
Yeah.
So one, just basically what you said, you know, it goes, it reminds me of that point.
Knowledge is power and they say that.
And I'm always like, it's potential power.
Yeah.
Because if you don't have the inertia, the energy and the drive to go put into action, it means nothing.
it means nothing.
Yeah.
Right.
It's like, and that's why like this super skill set today, it's not the knowledge.
It's almost like, yeah, you just got to know where to get the knowledge.
I think it's applied knowledge, man.
Yeah, it is like applied knowledge.
It's, it's the difference in my mind is, is that drive that you have, you know, that ambition.
It's the ability to become obsessed about something and just keep noodling on it and thinking about it and tweaking, you know, and working it and making it better and better.
So as far as like if for other entrepreneurs who may be out there,
there. Maybe you have like a single location or you've got a little bit of traction. Like how do you
improve it? The biggest gap I see is how to scale. So that first company I realized I didn't have
enough money. It was going bankrupt on the first, the first one. And so after four years, I sold it.
I have an NDA on that one too, but Forbes decided I sold it for $13 million. And now I didn't just have
$600,000. Now I had millions of dollars to be able to invest and expand. And so then we expanded. The first
company, it was figuring out how to scale or was figuring out the model in order to be able to
scale. And so a lot of people ask me, well, how do you know if you have a scalable business?
And I'm like, take a 30 day vacation. And if you come back and your business is still there,
you're ready. You're ready. Right. And so scaling, I know it doesn't sound sexy, but it's getting,
it's creating, you know, training manuals, right? And it's, it's training job descriptions and getting
all that secret sauce, like it's creating that recipe for the secret sauce so that you can scale
what made you great at that single location. And the problem is it's, it's not the big
things that hold us back. It's a small thing. It's entrepreneurs. Like a lot of people,
they want to work in the business as opposed to on the business. This is one that's really good,
right? Because explain that to the audience, because I know a lot of individuals that struggle
with this. And sometimes I get really caught up in this one too. So this is a real thing.
Yeah. So the problem is, is it's a function of time. So I divide my time into A's B's and C's.
A is something that's really important, but not urgent. A B is something that's somewhat important,
somewhat urgent. And then C, it's urgent, but it's not important. So a C might be paying bills.
It's urgent. You've got to pay your bills, but it's not that important.
for you to do it.
You can hire somebody else to do it
or obviously just set up on auto pay.
Yeah.
Right.
Right.
And then maybe a B might be hiring people.
You know, it's critical.
You've got to hire the right people,
but can you train somebody else to do that for you so that they're hiring?
You create standards.
You create what your values are.
You know, here's the job description in terms of what they need to have,
but also help them analyze the body language and how they communicate.
So you really get great people.
But you can train somebody else to do that.
You don't have to do that.
And then you have your A's, like strategy, right?
Or coming up with the new product or service line,
you know, figuring out how to make your business more efficient,
you know, more productive, more profitable.
Those are the most important things.
And so as an entrepreneur, you should focus only on your A's.
Like get your Cs and your B's dialed in where you hire people to do those things for you.
But maximize your time.
Ask yourself the question, what is the best use of my time right now?
That's the question I always ask myself.
I love that.
Thank you for sharing that because we recently, you know, I stopped worrying about my B's and C's.
And I'm only worried about the A's.
And it's the first time I've ever heard, you know, explain like that.
But my wife and I and my partners were sitting down.
I'm like, this is everything that I'm doing every single day.
Yeah.
And I can't because the actual conversations are in a struggle.
I cannot grow this company.
I cannot grow this show.
I'm worried about B and C.
So I need, we got to put some guardrails in.
We got to figure out who's covering what, but the responsibilities, right?
And then we need to hire maybe one or two people so they can go take care of this.
We hired one.
We hired my buddy, Dan.
That was my boss at Paychecks.
Trying to be one of my best friends ever.
He has like a brother to me.
Yeah.
And now he's transitioned out of corporate and I hired him.
Perfect.
First official hire.
Great hire.
It's pretty cool.
Yeah.
You know what's funny to you is we feel productive when we're doing business.
bees and cease. But it's a, it's the wrong feeling. You still feel productive when you're doing
things and you feel like this animal productivity. It's just that you're not focused on the right
things. And what happens is you become like this glorified manager. You can hire a manager to do all
those things. And there's nothing wrong with that position, but you just have to decide if I really want to
scale, what does that need to look like? And so for my second company, that's what the focus was.
I took my four most loyal managers and we went into four different states. And I said, okay,
next step, I want to see if we can actually scale, you know, this recipe that we created.
Scaled that one in over another few years and then sold that business too. Why? Needed more
money to grow faster. And because I was in a blue-collar industry, I wanted to take that
white-collar approach. I finally now I had, you know, tens of millions of dollars to be able to invest
in the company. And so I started thinking, okay, what can I do? Because I'm not learning a lot from
pest control at that point anymore.
So I started looking at Silicon Valley because, you know, tech companies started like, you know, 2000, everything was in the pot.
Like, right.
People weren't as excited to go into tech anymore.
And that's why I was looking at best of banking.
But then, you know, towards 2010, like, things were starting to pick up again.
And so I started looking at Silicon Valley going, what can we do?
And so I went toward like Google, you know, went to meta, the Nike headquarters, Zappos.
And I started studying all these different headquarters.
and amenities and things they were doing, right?
Because to attract the very best talent, tech,
like had to get software developers in there.
And so they had these really amazing facilities,
you know, and so I just said, all right,
I'm going to start doing that.
I don't care what every other pest control company is doing.
We're going to put in an NCAA basketball court.
That's cool, man.
Like we're going to have, you know, a movie room
and a ping pong, foosball, you know, pool tables,
a golf simulator.
And we're going to make our headquarters look really cool,
because the issue we're having is I'm like,
look, we're going to grow into thousands of cities.
I need to get the talent here.
And a differentiating factor because nobody else is doing it,
I can make our headquarters look really sexy.
We can have really cool company retreats.
Like we started going initially to Hawaii and we were to Caribbean.
Then we started doing like Egypt and Africa and Australia,
all this really cool stuff.
We had a lot of college kids.
Yeah.
And so they were super excited to see the world.
And, you know, these trips were legendary.
We'd like skydav out of planes, you know,
swim with sharks.
You were skydiving?
Oh, yeah.
Oh, hell now.
Yeah.
Like just to, if you signed up with us to come back the next summer to sell, you had to skydive?
We all were going skydiving together.
Oh, my God.
So my tourty, like granted, I didn't have in-house attorney at the time.
But, you know, later they're like, you might want to rethink this one case something happens.
Can't throw them in a cage with sharks, dude.
You know, you just can't do it.
It was always part of our thing.
But it's really a question of, like, how do you differentiate and make it interesting?
Then we got into software.
And like when we recent sold the company,
we had 60 different software developers at our company.
And so we started thinking more tech
and how to make the business more,
how to make the sales productivity go up,
how to make it more profitable,
all those sorts of things.
So we just kept thinking of different ways
to differentiate the business.
And as far as scaling goes,
we really nailed it on the second company.
It's like, okay, we've got a model.
Let's keep growing.
Let's create core values, you know,
so that we can stay the same.
It gets harder.
harder right as you grow a business. It gets bigger. It used to be what would Dave do,
but then it's like, what should the company do, you know, as a whole? And so by creating core
values and picking out key managers for each location, that's how you replicate yourself.
It's really smart. What's the biggest lesson that you learned in growing all those companies?
I'm sure there's a thousand lessons. Yeah. There's thousands. I think as we got bigger and bigger,
it's really critical that you're hiring the right people.
Like everything comes down to hiring.
If you want to be able to continue to build it,
you can't build it on a sanity foundation.
And so the core values and the people,
you know, the metrics are kind of easy to figure out.
Yeah.
I'd probably say the number one thing is never stop growing.
Don't just build a bigger business, but build a better one.
Yeah.
That should be the focus.
if you decide that you're big enough, you know,
or that you've always done something a certain way
or that you're good enough
because you're just the biggest in the industry,
that's when things start to go downhill.
I always say there's like a startup,
a scale up, and a screw up.
You know, a startup, you're just getting going.
The scale ups when you're starting to scale across the country
or really get bigger.
But the screw ups, you know, you've seen it
in almost every company that gets really big,
they start to rest on their laurels.
And if you lose that entrepreneurial edge, it's really hard.
If you stop in business, it's not like you're just stopping.
You're actually going backwards because all the other competitors are moving forward.
They're moving at light speed because they're still hungry.
It's really interesting because that right there is something that I refuse to fall into.
And so as you grow and you know, it's like when you were doing really, really well,
and people will come up to you that, you know, man, I'm really proud of you, man.
You must be really proud.
Like, you know, is it enough yet?
and you're like, I'm just getting started.
Like, this is, this is nothing yet.
And so when people come to me and say, wow, like you've grown, you go, look at this,
what you're doing.
This is incredible.
You're sitting down with people like Jay Leno.
I'm like, okay.
Like, what, you're, you're not happy?
I'm like, oh, I'm happy, but this ain't it.
Yeah.
Like, I'm nothing.
And, like, I think that's a healthy mindset.
It is.
You know, I just, I think there's a lot of people out there to say, no, you should always
think very highly of yourself.
I do when I put in the,
work. Like, I get very proud of myself, but I also don't sit idle. So someone comes out to me
as like, man, number, number two on Apple or number two trending on Spotify. Yeah. Okay.
Like today, yeah, cool. But like, my point is this. To me, I still see the dude that was recording
in the car. Right. And I think every entrepreneur needs to never let go of that beginning
entrepreneur in them. Like, you.
That is the most powerful place you can be is still seeing yourself as the dude or the gal recording in an SUV because it's the only quiet spot you can find.
Let everybody else sing your praises.
But me, like, I'm just that dude.
Yeah.
Never forget where you came from.
Like pride cometh before the fall.
You know, and it's, I was always worried that if I didn't stay humble and just keep working and grinding, trying to figure it out, like, I really believe.
leave only a paranoid survive.
You have to have that mentality in order to, if you're number two now, a year or two from
now, you still want to be in that spot or number one.
Yeah.
You can't rest on your laurels.
It's like this.
It's so hard to explain because sometimes my wife, she'll be like, I don't understand
why you're so, you know, paranoid about this.
You're good.
You don't stop working.
You keep going.
Like, you don't have to worry about you.
Right.
Like, well, I know, but like, what if?
like, so I got to be ready for these what-ifs and I have to foresee things that may or may not come.
And I think that is also like being really locked in and having intuition about what you're doing.
And you can only be that way if you're truly obsessed with it.
Because then you connect with it.
Well, that's a great point, obsession.
Like people often ask what is the one skill you have to have as an entrepreneur or the most important skill?
And I always say it's obsession.
You have to like be able to dig in and just no matter what happens.
if it's if it's just passion, passion comes and goes, you know, it's like the first part in a
relationship, you know, it's exciting and the chemicals are flowing and you want to be around
each other all the time. And after a couple years, you know, scientists say that that wears off
and then you're with each other.
Like, all right, this is it.
This is the deal?
We've got to figure out how to work together.
And if we want to, you know, have a family and, you know, build something, then that's,
that's about commitment and sticking to it and being obsessed about the relationship,
working on it continually.
That word, you know, obsessed.
Assuming it's good enough and just kind of letting it go to the wayside.
Obsession is a funny word.
People love to bag on obsession.
You're obsessed.
You're upset.
Negative connotation everywhere.
I know.
With that word, it's like, is it meant to be negative?
Every high achiever I've ever spoke to.
That's exactly what they say.
They're like, I'm just obsessed.
Yeah, I'm obsessed about the process, what that looks like, how to get better.
I went on a spring break with one of our family friends.
His name's Ryan, but his stage name is Cascade.
He's like a famous DJ.
I know who he is.
10 millions of dollars a year or whatever.
He's just name drop Cascade.
I went on vacation with Cascade.
But we're sitting on this beach in Fiji.
And I'm like, so how did you get to where you are today?
Like what was it really?
Like what's the secret sauce to what you do?
Because I actually don't listen to like a lot of DJs.
Like I like music, but it's not something I'm super into.
My wife does, but.
And he's like, you know, I just stuck with it.
He's like, there are so many other DJs out there that were better than me.
But it's a hard life, you know, getting into it and just going.
And he's like, I just never gave up.
He's like, and, you know, 20 years later, here I am.
Yeah, he's a man, dude.
He's big.
That's a big DJ.
That's the point, though.
People always go.
And I mentioned this on another show this week.
It was people always say, well, be careful because only one.
1% of people are successful at this.
It's like, but why is that?
Is it because it's impossible?
No, it's because 99% of the other people just quit.
Yeah.
They just stopped.
They just stop going for it.
Like, you have to be able to stick with something.
You have to be able to be like, all right, I'm in this.
Like, can I do this every day?
If I would never make a dime,
would I like having conversations in front of a camera on a microphone?
Hell yeah.
Why not?
I get to learn about somebody.
Right.
To learn most of your journey right now.
Can't fit it all into an hour.
But like I get to learn about you.
And I'm obsessed with this process of getting to sit down with people,
hearing their stories and seeing how we're similar, right?
Like that that's a main passion.
But never giving up is super important.
Like people,
people quit me.
Like what's that book?
Three feet from gold.
Have you heard about that one?
I don't know if I have.
So I've read a lot of network marketing companies use that reference this book, right?
Because they want you to keep.
prospecting and sliding into DMs and getting people to watch your video.
But essentially, this one guy stopped digging.
They were trying to find the gold.
Stop digging.
Somebody else came in.
Doug three feet.
Gold.
Right.
Like literally, you don't know.
You better exhaust every option.
You know, if you're going to quit on something, you have to know, you have to be okay.
If somebody else hits it, I can have no reaction.
Right.
Because I'm just done.
But, dude, his advice.
It's so funny because like I laugh and I get speechless because somebody's so big as Cascade.
What's your secret to your success?
Just kept going.
Yeah.
And I feel I like that too.
Yeah.
I just kept sticking with it.
I had a college professor and I said, you know, what we were talking about like, how do people create lots and lots of wealth?
And he said, you know, over my lifetime, what I've seen, I've studied, you know, thousands of businesses.
they, you have an entrepreneur, he just sticks,
or she sticks with it, like long term.
And they'll go all the way in their 60s, 70s, 80s, grinding.
Yeah.
And they'll build billions of dollars of wealth.
And it's like, oh, yeah.
Well, yeah, if they'd quit after 10, 20 years, you know,
then they may have had hundreds of millions or whatever.
Yeah.
But yeah.
It's funny because I always, you always get the question, right?
Like, I don't know.
It's funny to me because people always push back on this part.
And I don't understand it.
Like I just don't understand.
They're like, no, give me the real.
You're saying stick with it.
Give me the real story.
Like, what did you do?
I'm like, this is it.
Why does there have to be a drawn out answer?
It's like this is the most simple, direct approach.
Don't stop.
Yeah.
And every waking minute, I'm thinking about it.
Yeah.
Like I'm totally focused on it.
And maybe it depends on your life, right?
Like I think of the same, like I think of the word workaholic.
You know, it's like it's this negative thing.
But every manager loves a workaholic.
Yeah.
Or every entrepreneur is a workaholic.
You know, but it's times and seasons in your life when you can dedicate it.
It becomes negative when it's distracting.
It's pulling you maybe away from your family.
Yeah.
It's like you need to have certain priorities or whatever and you have to learn how to scale back to a degree.
That's definitely not how to help.
when you're taking your time
so much time away from your children
and they don't know you,
you're not there to parent.
Right.
I think that needs to be reworked, right?
But you can still be obsessed
and still be a mom or a dad
and be an amazing present parent
and still be a workaholic.
Right.
You know, because from the guard rolls
of eight to three,
I'm locked in.
Yeah.
But, you know,
when I go home from three to about seven
or eight or eight 30,
it's them.
Yeah.
And when you start out, you're young and like, you don't know crap.
Yeah.
And like your advantage is working crazy hours because you got to accumulate all that knowledge.
And then 10 years down the road, now you're, you're a lot smarter and you have more experience.
And you can lean on your experience while you start to step back as you start to build, you know, have a family and you need to spend more time outside of the office.
It's like, well, I got the experience to run circles around these younger ones.
But the ones who are, you know, working crazy hours and gaining that knowledge, like they're going to, you know,
they're going to be your boss someday.
Absolutely, man.
Or go be an entrepreneur and something else.
Well, listen, man, I know, oh, shoot, man, you got to get going to the airport soon, buddy.
But before we in the show, I want to ask you the one specific question.
The word determination to me is super important.
And for me, what it means is doing what you said you were going to do no matter how you feel
emotionally at that time.
I don't believe determinations is this gritty, sexy thing that everybody thinks it is.
It's just showing up.
If you can't put your shoes on, just put one of them on.
That is determination, and your determination is going to look different every single day.
What is your true definition of determination?
I tend to think, as I've gotten older, I started to analyze myself a lot more, asking questions like, why did I do what I did?
And when you start to go back, you know, most therapists will say, we'll go back and look at your childhood.
That'll probably give you the majority of the answers for what you're looking for.
and I had this theory that every entrepreneur has a chip on their shoulder about something.
I found that most high achievers, they didn't come from easy circumstances.
There was something that was hard and then it later drove them.
And for me, it was actually, my parents almost lost their home when I was a kid.
And my mom kind of slipped and told me about it when my dad was gone five days.
a week traveling. It scared me to death. And I never talked about it with them. But I realized at a young
age, I needed to have financial control. And so I got a job when I was 14 at a pizza parlor,
at 15 working at McDonald's, you know, they're working a bunch of construction jobs, like all that kind of thing,
just, you know, trying to, you know, have extra money to support myself. I think you have to decide
what is that one thing that drives you? And for a long time, I didn't quite realize it was that.
But as I got older, I started to look back.
And for a long time, I was just having fun working my ass off, you know, just thinking,
oh, this is what successful people do.
But I realized, like, many of my other friends, like, that wasn't as important to them, you know.
And I had to figure out, like, what is it that's driving me?
And do I really need to be running as hard maybe, you know, as I was?
Right.
And so when, you know, after 20 years, when I finally decided to sell, I really felt like
I'd learned everything I was going to learn from that industry.
And I was starting to get bored.
I was already getting bored when I became chairman and founder of my last company.
And I just said, you know what?
I think there's other things I can learn, other industries I can go explore.
There's new things for me to go seek out.
But know what it, if you actually can know what it is that drives you and know you're good
with that, you can really lean on that chip.
Somebody else told me that chips put chips in people's pockets.
They do, man.
I mean, I've got a crater-sized chip on my shoulder, man.
I mean, it's just the way it is.
I know how to
I know how to work through it better now
because before it was more of a
I was so a lot of trauma maybe
a lot of trauma you know just
basically what it was is
if you don't make it as a baseball player
what are you going to be you don't have any other skills
sure so now it's like hold my beer watch this
right you can't make money on your voice
watch me
right and there's nothing better
it's like gasoline on a fire
when somebody else tells me,
you can't do this.
You can't do that.
It's too hard.
It's impossible.
Only the 1% of 1% can pull that off.
Watch me.
Watch.
Grab your popcorn, dude.
Because you're going to be watching
for a very long time.
And for me, it's always that.
It is, if I'm ever slided in such a way,
if someone says something to me in a certain way
and minimizes what we've built,
Yeah.
I will never forget that.
I will never forget that.
And I will work endlessly to make you see me wherever you go.
Like literally, every time you open up your phone, I'm going to be there.
My face.
I'll never say anything to those people.
But I'm going to win so much that it makes you think like, damn, I was wrong.
Yeah.
You just put your head down.
I just put my head down and go.
Let your work speak for itself.
Yeah.
It's funny.
wait I remember real quick and I know you had something to say but um we were at a um like a
an annual meeting when we were with paychecks my wife was in the miami office as i was in the
fort mire's office for both sales reps that's how we met and uh we had a new one come in a new sales
rep come in and um we're we're good friends to this day like we don't see each other talk much but
when we do it's like what's up man yeah i was standing there with my wife we weren't married yet and
he comes up and he introduces himself to me.
He's like, nice to meet you.
He's like, I'm going to beat your ass this year.
And I just looked at him.
I'm like, okay.
That's all I said.
And my wife goes, you have no idea what you just did.
You just put jet fuel in an engine.
He's going to bury you.
I just like, I operate like that.
I don't know why.
but I've learned to deal with it in a healthier manner now
because before it would it would tear me apart.
Like I would be quiet on the outside,
but on the inside I was so angry and just felt like just disrespected.
And I just had to just pound my chest and win.
Now I just do it silently.
You know, if you if you want to supercharge your business,
you know, have a villain.
You know, find a competitor.
Yeah.
That you want to compete against.
Yeah.
that has maybe said, you know, talk crap about your company or, you know,
doesn't, you know, hurt you in some way.
It'll drive you like crazy to build the business.
We've run the fastest in those times over my career.
I've got some villains.
I've got some villains, man.
The one other thing I'd say is, in terms of, like, trauma,
I really think that's the secret is looking it as a gift.
Because the big question of my mind is,
would I have done what I did without it?
And so for how long do you look at that and go, I can't believe that happened.
Oh, it's so tough.
I really didn't like that point in my life.
But made me who I am.
And I'm grateful for that, right?
Absolutely.
So I'll just sit there in that energy, man.
Well, dude, it's just so nice to talk to you, man.
Of course, yeah.
It's good fun.
You want to go out to L.A.
I'll have to hitch you up.
Do you have to get some dinner or something.
It'd be great to connect with you again.
But thank you so much for coming on the show, telling your story, and give them some real value to the audience.
So we've got a lot of people that want to either start things or do have their own businesses
that are just kind of looking to for another perspective of how to build something.
So I think they learned that from you today.
Yeah.
I've got mine.
I'm excited to help others get theirs.
Yeah, absolutely.
Well, listen, guys, share this episode with someone you know, love and trust.
Go check Dave Royce out on Instagram.
Go just Google search his name and watch all the interviews he's been on so you can hear more
of a story because every host that talks to.
Dave has a different approach and something may have been said on another show that you don't want to
miss that just wasn't necessarily said here but again go check out everything he's done and uh
thank you guys for watching and listen until next time stay determined
