In this episode, I share my thoughts on why I love home service businesses, including their potential for binary outcomes, recurring revenue, and recession resistance. Then, I interview Doug Steel (parkcitiespowerwash.com), a home service business owner in the Dallas-Fort Worth area, about his journey building his power washing company and expanding into other services like Christmas lights and window washing. Doug shares advice on how to start a home service business, how to get your first customers and how to price jobs. This episode is a mix of a monologue and an interview.
Timestamps below. Enjoy!
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00:00 Welcome and Introduction
00:40 Why Home Services?
01:14 The Binary Outcome Business Model
01:50 High Demand and Recurring Revenue
03:32 AI and Home Services
05:19 Interview with Doug: Starting a Power Washing Business
06:25 Expanding Service Lines
11:32 Challenges and Advice for Home Service Businesses
22:52 Conclusion and Contact Information
