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I am seeking either, Aaron. I am looking for ways to generate new business and open up new revenue streams utilizing other roofing professionals specialties and comfort zones. I want to work with other people who are equally passionate about what they do, so that we can both make money together.Estimator or salesman?
If you can build a business someone would want to buy more power to you.Yes you would Jack.
I don't care if you are closing 99% of your sales, there is still so many hours in the day. Why would anyone want to be the lone ranger in their company? That's just ridiculious to go into business and then think you have to do everything. Who is going to want to buy a business, when it's time for you to retire, if you are the guy doing everything? Nobody wants to buy a "job".
My opinion is known on this matter as I have said it time and time again. I am passionate about the subject, to the point that I get insulting when debating it.
That reminds me of something Monroe Porter said back when I was in Prosult. He said “Who would want to buy Roofing Company when it’s easier to start one?”Why would you build a business at all if you couldn't one day sell it? If so, all you have is a job. Why would you work for yourself so when you're not working you're not earning? Why would you want to work in a place where everything revolves around you instead of surrounding yourself with other like-minded professionals?
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I would also like to be able to sell my business someday. Right now I am focusing on survival. The Detroit market is taking a big hit, a lot of contractors are going out of state to find work.I don't agree with ALOT monroe has to say. I think he is a specialist in what he dopes. He helps build the profitable owner-operator type business structure, which is not for everyone, and if you are not interested in his ideas he's not interested in learning new ones.
You're right who would buy a roofing business when it's easier to start one. The flaw in that statement is that it's too vague. Most roofing companies aren't businesses at all IMO, in my opinion of the word's definition. Most roofing companies are the owner and a crew, and maybe an assitant. Who would want to buy that? I certainly wouldn't, and neither would most other sensible people. It's not a business, it's a job you'd be buying.
Now, on the other hand; build something where it's pretty much self sufficent, has a good name recognition, where the owner can sell to someone without roofing experience but with business experience, and you have something worth buying. You have something that'll sell for more than the value of it's broken down tools and equipment.
It's not all about living in today. It's about planning for the future as well as living for today. Monroe is right, you'll probably earn as much as me with your owner operator setup. I'll do more revenue, probably have more head-aches, and to someone on the outside looking in I should be earning more... However the earning comes when it's time to cash-out. That's when I reap the benefits of my hard work, where as the owner operator can't sell his business at all, but may only liquidate his assets. Big difference!
Well said.Yes you would Jack.
I don't care if you are closing 99% of your sales, there is still so many hours in the day. Why would anyone want to be the lone ranger in their company? That's just ridiculious to go into business and then think you have to do everything. Who is going to want to buy a business, when it's time for you to retire, if you are the guy doing everything? Nobody wants to buy a "job".
My opinion is known on this matter as I have said it time and time again. I am passionate about the subject, to the point that I get insulting when debating it.