4.8 • 705 Ratings
🗓️ 29 September 2023
⏱️ 83 minutes
🧾️ Download transcript
Tommy Mello is the author of Home Service Millionaire and the founder of A1 Garage Doors, a $200 million-plus home service business with over 700 employees in 19 states. Through HomeServiceMillionaire.com and the Home Service Expert podcast, Tommy shares his experience and insights to help fellow entrepreneurs scale their businesses.
In this special episode of the Home Service Expert podcast, Tommy answers your biggest questions about the performance pay model, team building, management strategies…
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| 0:00.0 | It's amazing when cash will allow us to hire great people with the equity incentive program. |
| 0:05.9 | There's profit sharing. |
| 0:06.7 | There's great bonus structures. |
| 0:08.8 | And when that's done properly, you could find some of the best, most elite people that |
| 0:12.6 | are just looking to go do what they've already done because they have fun. |
| 0:16.0 | They'll go from working at a $200 million company back to a $10 million because they know |
| 0:19.9 | exactly how to get back to $200 million. So once again, building your team. That's the most important thing. |
| 0:25.8 | Get the CFO who's been there that understands the banking relationships, the tax benefits. |
| 0:30.4 | Understand the CFO that will help bring on the right people, the trainers and the recruiters, |
| 0:35.8 | and understand how to get your call center dialed in. |
| 0:38.5 | Don't be everything for everyone. Be what's your best at. Understand your superpower. |
| 0:43.6 | Welcome to the Home Service Expert, where each week, Tommy chats with world-class entrepreneurs |
| 0:49.2 | and experts in various fields, like marketing, sales, hiring, and leadership to find out what's really behind |
| 0:56.3 | their success in business. Now, your host, the Home Service Millionaire, Tommy Mello. |
| 1:05.6 | Before we get started, I wanted to share two important things with you. First, I want you to |
| 1:10.1 | implement what you learned today. |
| 1:11.9 | To do that, you'll have to take a lot of notes, but I also want you to fully concentrate on the |
| 1:16.9 | interview. So I ask the team to take notes for you. Just text, note, N-O-T-E-S, to 888-526-1299. |
| 1:26.6 | That's 888-5-26-1299, and you'll receive a link to download the notes from today's episode. |
| 1:34.3 | Also, if you haven't got your copy of my newest book, Elevate, please go check it out. |
| 1:39.2 | I'll share with you how I attracted and developed a winning team that helped me build a $200 million company in 22 states. |
| 1:45.2 | Just go to elevate and win.com for slash podcast to get your copy. |
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