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#332 - Chris Hoffmann - CEO of Hoffmann Brothers - From $10M to $140M: Scaling a Home Services Giant - A Story of Family, Purpose, and Unprecedented Growth

#332 - Chris Hoffmann - CEO of Hoffmann Brothers - From $10M to $140M: Scaling a Home Services Giant - A Story of Family, Purpose, and Unprecedented G…

FromThe Fort - An Entrepreneurship Podcast


#332 - Chris Hoffmann - CEO of Hoffmann Brothers - From $10M to $140M: Scaling a Home Services Giant - A Story of Family, Purpose, and Unprecedented G…

FromThe Fort - An Entrepreneurship Podcast

ratings:
Length:
82 minutes
Released:
Jan 23, 2024
Format:
Podcast episode

Description

Chris Hoffmann currently serves as the CEO at Deutschmann Lane Holdings (DLH), which operates a family of companies including Hoffmann Brothers, Ferguson Roofing & Exteriors, Deutschmann Lane Real Estate, and HBH Investment Company. Before joining DLH, Chris served as an officer in the United States Marine Corps, leaving active duty in 2014.

On this episode, we discuss:

Chris' experience in the Marine Corps

Taking over the family business

Scaling the business

Retaining and training labor

The future of the trades

Scaling acquired businesses


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Links:
Chris Hoffmann on X
Chris Hoffmann on LinkedIn
Hoffmann Brothers
Nexstar Network
Tugboat Institute
ServiceTitan

Topics:
(00:00:00) - Intro
(00:03:19) - Chris’ time in the Marines
(00:10:17) - Taking over the family business
(00:14:41) - Scaling the business
(00:19:18) - The first year in the business
(00:23:04) - What metrics matter in your industry?
(00:25:25) - Scaling the business after $20mm
(00:27:30) - Successfully retaining labor & Hoffmann Brothers University
(00:32:43) - The future of the trades
(00:34:06) - Purpose-driven ownership vs. PE
(00:41:09) - What questions should sellers be asking buyers?
(00:45:12) - Scaling acquired businesses
(00:48:01) - Call centers
(00:50:34) - The future of marketing is not paid search
(00:51:58) - The importance of Google reviews
(00:52:29) - Is B2C harder than B2B?
(00:54:13) - Recession resistance
(00:57:06) - Business ideas: House managers
(00:59:29) - What do the next 10 years look like for Hoffmann Brothers?
(01:02:40) - The family dynamic within the business
(01:06:19) - Do you have a succession plan?
(01:09:03) - Mistakes made
(01:12:23) - What do you see for the future of your industry?

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The FORT is produced by Johnny Podcasts
Released:
Jan 23, 2024
Format:
Podcast episode

Titles in the series (100)

The FORT host, Chris Powers, talks with leaders of businesses across real estate and a variety of industries. As the Founder of Fort Capital, Chris brings a unique perspective and style that allows for a meaningful conversation that dives deep into ideas and topics not regularly discussed. Chris covers each guests story and explores in detail the critical moments that led to success, failure, growth, and confidence. Chris also strives to ask questions that provide practical wisdom that all listeners can learn from – not just in business, but in our personal lives. Thank you for listening!!