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MI320: Owning and Operating a Holding Company w/ John Wilson

MI320: Owning and Operating a Holding Company w/ John Wilson

FromMillennial Investing - The Investor’s Podcast Network


MI320: Owning and Operating a Holding Company w/ John Wilson

FromMillennial Investing - The Investor’s Podcast Network

ratings:
Length:
57 minutes
Released:
Jan 22, 2024
Format:
Podcast episode

Description

Patrick Donley sits down with John Wilson to learn about the world of home service holding companies. You’ll learn about how he bounced back from consumer loan and medical debt largely through hard work and self-education, why he decided to form a holding company, what his first acquisitions were, the importance of picking the right partner, and so much more!
John Wilson is a 3rd generation home service entrepreneur and CEO of The Wilson Companies. He is also host of the podcast Owned and Operated where he dives deep into the world of home service entrepreneurship. He is on a quest to build a $100 million dollar home service holding company.

IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro.
02:03 - Why self-reliance and independence drove his desire for his own company.
08:12 - What John learned from being a 3rd generation entrepreneur.
08:37 - How his dad used his plumbing/HVAC company to buy real estate.
12:49 - How the transition from the 2nd generation to the 3rd generation went.
22:40 - What his first acquisition for the hold co. was.
29:08 - The importance of picking the right partner.
34:33 - The benefits of buying a franchise.
34:49 - The importance of being radically focused.
41:48 - Why the whole game is getting the right people on the bus in the right seats.
47:32 - How his buy box has changed over the years.
53:00 - Why he launched a podcast and much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.

Recommended Book: Traction by Gino Wickman.

Recommended Book: Rich Dad Poor Dad by Robert Kiyosaki.

Recommended Book: The Everything Guide to House Hacking by Robert Leonard.

Check out the books mentioned in the podcast here.


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Connect with Patrick: Twitter
Connect with John: Website | Twitter   
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Released:
Jan 22, 2024
Format:
Podcast episode

Titles in the series (100)

Millennial Investing by The Investor's Podcast Network is hosted by Robert Leonard (@therobertleonard) and Clay Finck (@Clay_Finck). They cover not only investing basics and investment and financial advice, but also business topics such as entrepreneurship, side hustles, personal development, and more to help educate and inspire the millennial generation. The show's mission is to improve people's financial literacy and business savvy in order to help anyone make better investment decisions with both their time AND money.Real Estate 101 by The Investor’s Podcast Network is hosted by Robert Leonard. He brings on a wide range of guests, from fellow “newbie” investors investing as a side hustle to full-time multimillionaire real estate investors to walk you through all the questions and roadblocks you face as a new investor. You don't have to face the world of real estate investing alone – let Robert, and his guests, be your guide on your investing journey. Break past the paralysis-by-analysis stage and get your first deal, or next deal, done with actionable tips, strategies, and guidance from Robert and guests!Start listening, and join millions of listeners learning to invest! Follow Robert on Instagram and Twitter at @therobertleonard, and follow Clay on Twitter at @Clay_Finck.