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The Cash Flow Contractor

201 - Drilling Down on Acquisitions: From Contractor to State Senator with Robert Keyes

Mar 28, 2024
01:07:42

From drilling holes in the ground to drilling down on business success, Robert Keyes shares his incredible journey on our latest episode! Discover how resilience, continuous learning, and integrity have powered his ventures from the ground up. Tune in!


Time Stamps

  • 03:54 - Robert Keye's Professional Background
  • 05:43 - The Art of Acquisition: Learning from Success and Failure
  • 20:31 - Implementing Change and Cultivating a Positive Culture
  • 27:20 - Mastering Acquisitions and Culture
  • 31:12 - Strategic Acquisitions and Financial Decisions
  • 34:53 - Navigating Business Operations and Growth
  • 36:20 - From Rodeo School to Business Success
  • 42:01 - Building a Strong Team and Maintaining Integrity
  • 46:36 - From Drilling Rigs to Business Ventures
  • 54:30 - Running for State Senate
  • 01:04:50 - Episode Takeaways


Quotable Moments from Robert Keyes

  • "So often people think that the power of negotiations at the end of the deal is where you're making your money. If you're waiting to do that, you're not a good business person."
  • "When you go into your board meetings and your leadership meetings, and you got employees, the worst thing you want is whole team of people saying, "Yes, sir, you're right."
  • "Any successful business owner, if they're not looking on a weekly basis at their accounts receivable, accounts payable, long term debt, cash in the bank, and bad debt, they're looking for a train wreck." 
  • "Excel does better for us than anything we've been able to find."
  • "If you can take somebody that has a good aptitude and good integrity, and you begin working with them, you can help them become what you need to do way better than you can take somebody with the most experience in the world, but you can't trust their integrity. You're fighting a losing battle."
  • "We became the problem solvers and the rest is history."

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