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#34: Tommy Mello: Founder A1 Garage Doors, Podcast Host, Author

#34: Tommy Mello: Founder A1 Garage Doors, Podcast Host, Author

FromThe Founder Podcast


#34: Tommy Mello: Founder A1 Garage Doors, Podcast Host, Author

FromThe Founder Podcast

ratings:
Length:
58 minutes
Released:
Sep 15, 2023
Format:
Podcast episode

Description

Join host Chris Lee in an exhilarating conversation with Tommy Mello, the entrepreneurial powerhouse behind the massively successful garage door service empire, A1 Garage Door Service. Tommy's journey from humble beginnings in Michigan to scaling a multimillion-dollar business in the home service industry is nothing short of inspiring.

In this episode, Tommy shares the ups and downs of his entrepreneurial path, from hustling side gigs in his early years to realizing the importance of processes and management in business growth. Tommy's story takes a remarkable turn when he delves into the intricacies of navigating a private equity deal and the transformative impact it had on his company.

Listeners will gain valuable insights into the process of preparing a business for private equity, the role of due diligence, and the pivotal moments that led to Tommy's business success. Tommy's infectious enthusiasm and candid storytelling make this episode a must-listen for anyone aspiring to scale their own venture, providing practical lessons and inspiration along the way."

HIGHLIGHTS

“I hear it every day. I'm just gonna do what you did in my industry. I'm like, Well, how many markets are you in? You're in one. And you own 1% of the market, you need to take market penetration in your market plus two or three other markets.”

“The other thing is, don't listen to broke people. Because broke people are going to tell you all the reasons why something won't work. But successful people are going to say, 'Well, if you do this, this, and this, this will happen.'"

"I love helping people, I love growing people, I love watching them succeed. And I think that's one of the big keys to my success."

TIMESTAMPS

00:00: Introduction 
02:39: Making Money At A Young Age
04:34: Selling Cars
09:27: The Beginning 
12:50: Service Titan
19:06: Hiring The Right CEO
21:37: Rasining Capital 
28:44: Process Of Buying And Selling A Company
38:06: Freedoms
46:30: Family & Business
Released:
Sep 15, 2023
Format:
Podcast episode

Titles in the series (96)

Welcome to The Founder Podcast, where we explore the journeys of some of the most successful and inspiring entrepreneurs from around the world. I'm your host, Chris Lee. Throughout my career, I've founded multiple nine-figure companies and learned a thing or two about what it takes to succeed in the world of business. Now, I want to share those lessons with you by bringing on guests who have their own incredible stories to tell. I'm on a mission to find the most unique and entertaining individuals that have done it the right way.