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The Rat Man: Otto Orkin and the Birth of the Modern Pest Control Industry

Preferred Shares Podcast

CHAPTER

The Orkin Legacy: Struggles and Transformations

This chapter explores Otto Orkin's management style and the early challenges of his pest control company, emphasizing his obsession with cash flow and customer retention. It narrates the familial power struggles that led to his ousting and examines the transition of the Orkin business as it attracted the Rollins family's interest, marking a significant evolution in the pest control industry. The narrative underscores the financial strategies that facilitated this acquisition, pivoting the company towards a new era underpinned by projected earnings rather than traditional asset valuations.

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