#147 - From Customer to Owner: The Journey into Business Acquisition and Ownership

Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast

In this episode, Jack is flying solo and speaks with Rory Tyer, a new owner of an independent garden center in South Carolina, about his journey in entrepreneurship through acquisition. Rory shares his experiences and challenges in acquiring and operating a local nursery, discussing factors such as location, customer demographics, and the dynamics of retail vs. wholesale businesses.

The conversation also touches on the significant learning curve, managing inventory, and engaging in new marketing strategies such as an SP club and local school partnerships.

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Episode Hosts: 🎤
John Wilson: @WilsonCompanies on X
Jack Carr: @TheHVACJack on X

Episode Guest:
Rory Tyer: @rorytyer on Twitter
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John Wilson, CEO of Wilson Companies
Jack Carr, CEO of Rapid HVAC

Розділи

1. Intro (00:00:00)

2. Guest Introduction: Rory Tyer (00:01:09)

3. Rory's Journey to Acquiring a Nursery (00:01:25)

4. Navigating the Business Acquisition Process (00:02:08)

5. The Importance of Local Business Connections (00:03:40)

6. Exploring Different Business Industries (00:04:15)

7. Overcoming Objections in Business Acquisition (00:06:33)

8. Understanding the Nursery and Garden Center Business (00:13:21)

9. Marketing and Customer Engagement Strategies (00:17:33)

10. Future Plans and Business Growth (00:22:26)

11. Conclusion and Contact Information (00:31:50)