Topic: How to Craft a Successful Transition
Guests: Mike Romney & Bryant White, Co-Founders, Fox Pest Control
In this episode we discuss:
Mike's & Bryant's background in pest control and door-to-door sales
How Fox grew from $0 to $120 million in 11 years
Whether Mike & Bryant had the vision to grow so large in such a short period from the outset
What they believe was the most important principle in growing their business
Why and how they became students of leadership
The Fox Culture Book and how it helped the company grow
How vital it is to "walk the talk" as a leader
How they developed an administrative infrastructure with the help of industry mentors
How working with PCO Bookkeepers & M&A Specialists helped the Fox team gain confidence to grow
Other outside partners that helped them plan for a successful exit
What they would have done differently earlier
Why it's helpful to prepare to exit several years out, even if you don't think you're ever going to sell
PMP Industry Insiders Podcast Episode 23: How Values, Attitudes & Attributes Drive Culture at Fox Pest Control
Case Study: Rollins and Fox: A Next-Level Deal
Notable: "You might think you're never going to sell, like us, but sometimes life happens." —Mike Romney
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