part of the rationale behind bringing in a partner is getting asset diversification,

getting some money out to protect your family in case something weird happens,

I don't know, like COVID, that happens to destroy your business and you didn't see it coming.

That's why you want the asset diversification.

And you roll over enough based on the model that's put in place to yield a second bite

of the apple that's bigger than the first because that makes life interesting.

You don't want to be an entrepreneur who doesn't roll over enough to where it's like,

I don't really care what happens to this million.

I already got 95% of my equity out.

But I really think, Tommy,

that's probably one of the biggest mistakes entrepreneurs make, is they think about selling

their business as a one-time event. And they think, I build my empire, I sell it, I cash out my

chips, I ride out the back door and I go do something else. And that's the mistake. Because

they know the

business they built, you know, why not continue to work with it, continue to run it, but to find

creative new ways to juice up the growth profile and make even more money than you could on your own.

Welcome to the Home Service Expert, where each week, Tommy chats with world-class entrepreneurs

and experts in various fields, like marketing, sales, hiring, and leadership to find out what's

really behind their success in business.

Now, your host, The Home Service Millionaire, Tommy Mello.

It's time! I always wanted to do that. Got my good buddy here, Adam Coffey, back on for the second time. I've been trying to hunt this guy down. COVID

happened and he said I could come hang on California one of these days. But since Adam was on last time,

...