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#96 - Business Breakdown: How to Make $8.4M with Well Drilling
Manage episode 401080637 series 2902088
In this episode, John and Jack discuss well drilling and do a business breakdown. Jack reveals that his friend earned $8.4 million last year from drilling wells. They underscore the significant financial investment, specific licensing requirements, and mechanical expertise needed to establish a well drilling company. Despite these obstacles, they remain optimistic about the potential for future business opportunities in the industry.
Episode Hosts:
- John Wilson: @WilsonCompanies
- Jack Carr: @thehvacjack
Special thanks to our sponsor: Service Scalers: Looking to scale your home service business? Service Scalers is a digital marketing agency that drives success in PPC and LSA. Discover more growth strategies by visiting Service Scalers.
Check out Owned and Operated Weekly Insights: a newsletter where John discusses topics ranging from recruiting and marketing to the growth of your home service business. Subscribe to the newsletter here.
John Wilson is hosting a workshop in March! Join us March 19th-21st for the Breaking $5 Million Workshop! It’s specifically crafted to help you take your home service business to the next level. Seats are limited and tickets are selling fast. You can check out the agenda and get all the details right here!
Contact us:
Youtube: @OwnedandOperatedPodcast
Contact the Owned and Operated Plumbing, HVAC, and Electrical Growth podcast
Leave us a Review
More Ways To Connect
John Wilson, CEO of Wilson Companies
https://www.wilsonplumbingandheating.com
Jack Carr, CEO of Rapid HVAC
https://rapidhvactn.com
Chương
1. AR Challenges and Cash Flow Management (00:00:00)
2. Planning for Seasonal Tune-ups (00:05:06)
3. Considering Well Drilling as a Business (00:07:35)
4. Margins and Expenses Analysis (00:08:56)
5. Word-of-Mouth Marketing Strategy (00:16:03)
6. Competitors and Revenue per Employee (00:16:59)
7. Importance of Heavy Asset Businesses (00:22:54)
8. Starting a Well Drilling Business (00:25:00)
9. Financing and Reselling Equipment (00:28:53)
163 tập
#96 - Business Breakdown: How to Make $8.4M with Well Drilling
Owned and Operated - A Plumbing, Electrical, and HVAC Growth Podcast
Manage episode 401080637 series 2902088
In this episode, John and Jack discuss well drilling and do a business breakdown. Jack reveals that his friend earned $8.4 million last year from drilling wells. They underscore the significant financial investment, specific licensing requirements, and mechanical expertise needed to establish a well drilling company. Despite these obstacles, they remain optimistic about the potential for future business opportunities in the industry.
Episode Hosts:
- John Wilson: @WilsonCompanies
- Jack Carr: @thehvacjack
Special thanks to our sponsor: Service Scalers: Looking to scale your home service business? Service Scalers is a digital marketing agency that drives success in PPC and LSA. Discover more growth strategies by visiting Service Scalers.
Check out Owned and Operated Weekly Insights: a newsletter where John discusses topics ranging from recruiting and marketing to the growth of your home service business. Subscribe to the newsletter here.
John Wilson is hosting a workshop in March! Join us March 19th-21st for the Breaking $5 Million Workshop! It’s specifically crafted to help you take your home service business to the next level. Seats are limited and tickets are selling fast. You can check out the agenda and get all the details right here!
Contact us:
Youtube: @OwnedandOperatedPodcast
Contact the Owned and Operated Plumbing, HVAC, and Electrical Growth podcast
Leave us a Review
More Ways To Connect
John Wilson, CEO of Wilson Companies
https://www.wilsonplumbingandheating.com
Jack Carr, CEO of Rapid HVAC
https://rapidhvactn.com
Chương
1. AR Challenges and Cash Flow Management (00:00:00)
2. Planning for Seasonal Tune-ups (00:05:06)
3. Considering Well Drilling as a Business (00:07:35)
4. Margins and Expenses Analysis (00:08:56)
5. Word-of-Mouth Marketing Strategy (00:16:03)
6. Competitors and Revenue per Employee (00:16:59)
7. Importance of Heavy Asset Businesses (00:22:54)
8. Starting a Well Drilling Business (00:25:00)
9. Financing and Reselling Equipment (00:28:53)
163 tập
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