Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

#230 Is Buying Businesses Overhyped? Why You Should Build Instead

Aug 5, 2025
In a refreshing take on growth strategies, the hosts argue against chasing the retiring baby boomer market. They emphasize the value of building rather than buying businesses, discussing their ambitious plans for 2026 and beyond. Learn about the pitfalls of acquisitions and how strong leadership is crucial for scaling operations. The discussion highlights the benefits of strategic partnerships and the importance of navigating market seasonality. With insights on Midwest expansion and innovative tactics, this is a must-listen for savvy operators.
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INSIGHT

Optimal Multi-market Growth Stage

  • Acquisitions can accelerate growth fast but require strong leadership and scale.
  • Multi-market expansion usually happens when businesses reach $20-$30M revenue with proper teams.
ADVICE

Choose Markets Wisely

  • Evaluate small market acquisitions carefully; easy ownership often means limited growth.
  • Ask why the market is easy to dominate to avoid investing in unattractive territories.
ANECDOTE

Local Acquisitions Preferred

  • Jack Carr focuses acquisitions locally to integrate companies seamlessly.
  • A potential 3-hour distant deal was abandoned due to complexity and SBA rule changes.
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