4.8 • 1.9K Ratings
🗓️ 5 December 2021
⏱️ 24 minutes
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| 0:00.0 | What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp |
| 0:07.4 | podcast, simply the best podcast out there. Now let's kick this thing off. Mike Botkin is the founder |
| 0:13.3 | of Benchmark Group. I really enjoyed this conversation because Mike has been rolling up various |
| 0:19.0 | landscaping and home services companies. We talked all about |
| 0:22.1 | the economics and the advantages he has in that market. It's a fascinating conversation, |
| 0:27.1 | and I hope you enjoy it just as much as I did. Anthony Pompliano runs Pomp Investments. |
| 0:32.1 | All views of him and the guests on his podcast are solely their opinions and do not reflect |
| 0:36.9 | the opinions of |
| 0:37.6 | pomp investments. You should not treat any opinion expressed by pomp or his guest as a specific |
| 0:42.9 | inducement to make a particular investment or follow a particular strategy, but only as an expression |
| 0:48.0 | of his personal opinion. This podcast is for informational purposes only. We've got Mike here. Mike, |
| 0:53.9 | how are you? I'm doing well, |
| 0:55.9 | guys. So Mike, what's really fascinating about this is you've got a background where you did some |
| 1:01.0 | stuff in technology and then you realized this other market opportunity. And you went over and you |
| 1:05.1 | started to kind of build a great business here in more of like home services. Can you just walk us through, |
| 1:11.9 | you've done two acquisitions, is my understanding right now, but just walk us through maybe at a |
| 1:15.8 | high level. Like what is the strategy of what you're trying to accomplish? Yeah, exactly. So we're |
| 1:20.5 | in home services. We are, our acquisition so far have been landscaping, but we are, our investment |
| 1:26.4 | thesis is broad in terms of just general |
| 1:28.2 | home services. We want to buy businesses that are ran by service people, not business people. |
| 1:36.4 | And that's not disrespectful to them because a lot of them live like kings in their own kind of |
| 1:41.4 | area. But we feel like we can come on. We can add systems and processes. |
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