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The Home Service Expert Podcast

Why the Wealthiest Investors, Nobody Talks About, Are All in This Industry

The Home Service Expert Podcast

Tommy Mello

Management, Business

4.7 โ€ข 793 Ratings

๐Ÿ—“๏ธ 8 May 2026

โฑ๏ธ 94 minutes

๐Ÿงพ๏ธ Download transcript

Summary

๐Ÿš€ FREEDOM 2026 Get your Tickets Today!
https://homeservicefreedom.com/

๐Ÿ’Ž Top 5 Takes for this Episode!

1. People overestimate what they can do in one or two years โ€” and massively underestimate what they can do in five to ten. Stick with the boring work.
2. Blue collar is the new rich. AI won't replace the trades. Private equity loves scalable home service. Most people couldn't name three flooring companies. That's the opportunity.
3. The real game isn't revenue โ€” it's enterprise value. Lifestyle businesses extract cash. Legacy businesses build an asset worth selling.
4. Master the mundane. Discipline over dopamine. Repetition over inspiration. That's the only secret.
5. There's nothing more dangerous than a wealthy man who gets bored. The same hunter energy that builds empires can destroy everything. Channel it right or it eats you alive.

-- ๐Ÿ• TIMESTAMPS ๐Ÿ• --
00:00 - Introducing Cody Sperber โ€” The Clever Investor
01:30 - From Navy vet to flipping houses off a napkin

03:39 - 14 months, $30K in debt, and one deal that changed everything

04:57 - Collapsing time: 14 months to 2 months to 3 weeks

06:09 - From wholesaling to rentals to real estate education

07:47 - Why real estate teaches entrepreneurship faster than anything

10:03 - Real estate is a people business โ€” AI can't replace that

11:36 - Why Cody was the best marketer in real estate

16:02 - Why blue collar is the new richย 

17:16 - Why Cody chose flooring: most people can't name two companies

18:10 - Selling the education business: first time playing the right game

18:27 - Enterprise value vs. lifestyle business

19:00 - Getting emotional at the Service Titan debate about private equity

20:03 - Why taking chips off the table was about parents, not profit

22:01 - The American dream is still real โ€” immigrants prove it

41:24 - Why authenticity beats selling courses every single time

46:17 - Having kids doubled his income โ€” the hunter mindset intensified

46:42 - The upfront conversation every entrepreneur needs with their partner

48:34 - The system that made marriage and business work together

50:37 - 18 years and a divorce: 'We friendzoned each other'

52:06 - The most dangerous thing a wealthy man can do when he gets bored

53:26 - Having everything on paper and feeling completely empty inside

55:11 - The year and a half that rebuilt his character from the ground up

58:05 - One piece of advice for your 20s: Master the mundane

58:35 - People overestimate 1-2 years. They underestimate 5-10.

59:22 - Why Cody loves failure and what he tells his team

1:00:47 - If you had $10M and your network โ€” what would you build?

1:22:29 - Floor Daddy at 2 years: three crash and burns, $1M+/month

1:23:53 - Tommy's close: financial discipline and the 15% EBITDA rule

ย 

Check Out My Social Media:

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ย 

My other podcast: Tommy Mello Millionaire โŸถย https://www.youtube.com/@officialtommymello

Live Q&A submission form:ย https://homeserviceexpert.com/questions

Transcript

Click on a timestamp to play from that location

0:00.0

You might be the man 99% of the time, but inside your home, you're not the king, you're the

0:05.4

joker. You're going to be like me crying in your underwear in your theater room at 3 in the

0:09.9

morning because you have $700,000 in bills and 400 grand in your bank account. And you're like,

0:15.2

none of this shit makes me happy. The cars, the houses, the money, the brand, but inside I felt

0:20.1

dead, empty, and scared to master the mundane.

0:23.2

The millions are in the boring work, the repetitive work.

0:25.8

It's all about discipline.

0:27.2

I'm not the smartest guy.

0:28.5

I'm just disciplined.

0:34.2

Welcome back to the Home Service Exeter.

0:35.8

Today I got a special guest in the house. His name's

0:38.5

Cody Sperber. Great buddy of mine, we invested in a company called Floor Daddy. Cody, AKA, the clever

0:43.3

investor is one of the most recognized names in real estate education, a Navy veteran. Thank you.

0:48.3

And an ASU finance grad, WP. Carey Baby, he went from zero to flipping 2,000 properties worth over 500 million.

0:56.0

He found a clever investor in 2010 scaled it to an ink 5,000 company with over 100,000 plus

1:01.0

students and successfully exited in 2023. He's also a founder of six eight-figure

1:06.2

businesses, a bestselling author, and was the number one most followed real estate account on Instagram.

1:12.2

Cody, welcome to the Mellow Millionaire.

1:13.5

Thanks for having me on.

1:14.4

So let's just start with a little bit of the origin story.

1:18.2

You went from Navy Vet to ASU finance student to flipping deals from your girlfriend's kitchen table with zero cash.

1:25.9

That's a hack of a story.

...

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