Back for another Quarterly Update with Barten Bros! This time we're digging into the state of the industry going into the next quarter, what worked this past quarter and what the rest of 2024 might be looking like. We also discuss some really good marketing strategies so dig into the conversation and enjoy!
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Listen in as industry experts Andy Weins, of Green Up Solutions, and Casey 'Bubba' Lawrence break it down for you.
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WEBVTT
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here we are another episode
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of trash talk business
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podcast episode 106 uh a
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little background noise
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because andy barton is
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joining us a few minutes
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late no big deal typical marine
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So, yeah, what are we doing?
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All right.
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You know, this is your weekly.
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I forgot.
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This is where I do the intro.
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I'm Andy Wines.
00:00:22.725 --> 00:00:23.806
He's Casey Bubba Lawrence.
00:00:23.826 --> 00:00:24.827
And this is your weekly
00:00:24.887 --> 00:00:26.486
opportunity to learn all
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about the amazing junk
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removal world we live in
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today and every day.
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If you're looking to grow, scale,
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or build your business,
00:00:33.270 --> 00:00:34.549
you've come to the right place.
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This week, I know what we're talking about,
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so I don't even need to introduce Casey.
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We are doing our quarterly
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update with Andrew Robbins.
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Barton, joining us from the great state,
00:00:45.340 --> 00:00:46.981
say that in just, of New Jersey,
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the northern shores of New Jersey.
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Mr. Andy Barton, let's talk about Q1.
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Thank you, guys.
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So we'll start with a Q1 update,
00:00:56.767 --> 00:00:58.728
and then let's talk about Q2 and beyond.
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So I guess first,
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let's talk about where are you at?
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You launched a second location this year.
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Is that accurate?
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Yeah, it's accurate.
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We're nine months in now.
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There we go.
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Maybe not this year, but in the last year.
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Okay.
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So what, let's start there.
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What are the lessons?
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Cause our good friend,
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Russ Berry also have done
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this in the last year.
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This is like what New York
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and Florida or something like,
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like drastic differences.
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Yours is like up the road per se,
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a couple hours away.
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So what is the hub and spoke, right?
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The hub and spoke wheel, the methodology.
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Yeah.
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That's a, yeah,
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that's traditional business
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hub and spoke in it.
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All right.
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So what have you learned?
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Let's talk about that.
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How is the new site doing?
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And then let's talk about the old site.
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The new site still has its ups and downs.
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I think we opened that
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second location after 12 years here,
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figuring things out in our
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original headquarters.
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And I think I was optimistic.
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I think it's doing well.
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It's done better in a lot of
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capacities than I expected it to.
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But it still has its days
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where it hits and miss.
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And I think a lot of that's
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just you have to be there.
00:02:00.564 --> 00:02:01.305
You have to be present.
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You have to build up your
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brand and your recognition there.
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So I think it's just going to take time.
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I spoke to a couple of my
00:02:08.586 --> 00:02:09.326
other friends about this
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and they all said 18 months
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is kind of your litmus test for real.
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So we're only halfway to that point.
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And we continue to plug away.
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I would love to see it do a
00:02:18.870 --> 00:02:19.389
little bit better,
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but it pays for itself.
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It makes me a little bit of money.
00:02:22.751 --> 00:02:24.051
So it's all right.
00:02:25.092 --> 00:02:25.972
I'd say nine months.
00:02:26.252 --> 00:02:26.412
Yeah.
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If you are cashflow,
00:02:27.492 --> 00:02:28.673
I guess the hillbilly math
00:02:28.772 --> 00:02:32.174
is you got to make money in six months.
00:02:33.645 --> 00:02:34.787
you know, or at least not,
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I say not losing money.
00:02:35.947 --> 00:02:36.206
Let's say,
00:02:36.247 --> 00:02:37.747
let's say that not losing money
00:02:38.108 --> 00:02:39.008
in the first six months, right?
00:02:39.028 --> 00:02:39.669
When you get your,
00:02:40.028 --> 00:02:42.229
and then I'd say paid off in the first 12,
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right?
00:02:42.389 --> 00:02:43.230
So whatever losses you
00:02:43.270 --> 00:02:44.031
incurred the first six,
00:02:44.050 --> 00:02:45.891
you got to paid off by the first 12.
00:02:45.891 --> 00:02:46.973
You know, this is, you know,
00:02:47.193 --> 00:02:48.592
and then between 12 and 18 months,
00:02:48.612 --> 00:02:50.935
the goal is to be profitable as a,
00:02:51.215 --> 00:02:53.036
as a fully automated or full,
00:02:53.376 --> 00:02:54.735
full realized site.
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The expectation is your first six months,
00:02:56.276 --> 00:02:56.697
you're going to be
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investing more than you're making.
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Six to 12 months,
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the goal is to make more than you invest,
00:03:00.560 --> 00:03:01.580
and then 12 to 18 months is
00:03:01.621 --> 00:03:02.581
to recruit your initial.
00:03:04.002 --> 00:03:06.044
And then to your point, after 18 months,
00:03:06.264 --> 00:03:07.686
if you haven't recruited your initial,
00:03:08.866 --> 00:03:09.848
it might be time to cut bait.
00:03:11.068 --> 00:03:12.530
Yeah, and I think that's accurate.
00:03:14.711 --> 00:03:16.715
I know he's since left,
00:03:16.794 --> 00:03:17.475
but I was talking to
00:03:17.515 --> 00:03:18.477
Bennett Grove about it too,
00:03:18.537 --> 00:03:20.800
the CEO and founder of Fire Dogs.
00:03:21.661 --> 00:03:23.622
And he had said he actually
00:03:23.643 --> 00:03:24.484
tried to open locations
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twice before he had any success.
00:03:25.905 --> 00:03:27.567
So I think there is a lot of
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opportunity in locations
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because you have so much
00:03:30.290 --> 00:03:31.070
economy of scale.
00:03:31.891 --> 00:03:32.873
It cost me almost nothing in
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insurance to open it.
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It didn't cost me nearly as
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much in tools and equipment
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as it had in the original form.
00:03:41.252 --> 00:03:43.917
So I think it's low-hanging fruit.
00:03:43.956 --> 00:03:44.337
If you go out,
00:03:44.358 --> 00:03:45.199
you can spend your extra
00:03:45.218 --> 00:03:45.980
money on marketing and
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really have an opportunity.
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Yeah, you're going to spend your money.
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Yeah, you're going to have high,
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I would say, yeah,
00:03:51.546 --> 00:03:52.167
you're going to have higher
00:03:52.187 --> 00:03:53.688
than marketing costs when
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you first start because
00:03:54.550 --> 00:03:56.372
you're more confident where
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you're going to spend the
00:03:56.931 --> 00:03:57.954
dollars and you have the money.
00:03:58.074 --> 00:03:58.774
When I first started,
00:03:59.094 --> 00:03:59.895
my marketing budget was low
00:03:59.996 --> 00:04:00.796
because I only had so many
00:04:00.856 --> 00:04:02.217
dollars to throw at it every month.
00:04:02.237 --> 00:04:03.419
And I didn't know what I was doing.
00:04:03.879 --> 00:04:04.920
And then the second thing is, yeah,
00:04:04.941 --> 00:04:05.822
your labor is going to be
00:04:05.882 --> 00:04:07.263
higher on that second location.
00:04:07.924 --> 00:04:09.284
Because you're going to
00:04:09.324 --> 00:04:10.246
bring guys in day one
00:04:10.286 --> 00:04:11.247
versus your first location
00:04:11.266 --> 00:04:12.146
when you're bootstrapping
00:04:12.187 --> 00:04:14.209
it and you're just doing it yourself.
00:04:14.669 --> 00:04:14.908
So yeah,
00:04:14.949 --> 00:04:16.110
those two costs are going to be higher.
00:04:16.329 --> 00:04:17.190
You're going to share in the
00:04:17.250 --> 00:04:18.411
operational efficiencies
00:04:18.432 --> 00:04:20.173
with your call center operations.
00:04:20.413 --> 00:04:21.074
You're going to share
00:04:21.934 --> 00:04:23.394
operating efficiencies and
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processes that are already built.
00:04:25.656 --> 00:04:26.478
And then the no shit,
00:04:27.038 --> 00:04:27.759
you get all the leftover
00:04:27.798 --> 00:04:28.838
tools and equipment or the
00:04:28.920 --> 00:04:30.019
extra stuff versus having
00:04:30.040 --> 00:04:31.942
to put up with $3,000 to
00:04:31.942 --> 00:04:33.322
$5,000 day one to buy all
00:04:33.343 --> 00:04:35.024
the things that it normally
00:04:35.043 --> 00:04:36.165
takes you a year or two to acquire.
00:04:37.437 --> 00:04:38.038
And I'll tell you- Let me
00:04:38.057 --> 00:04:38.579
ask you a question.
00:04:39.178 --> 00:04:40.759
Go ahead, Case.
00:04:41.079 --> 00:04:41.781
Have you noticed a big
00:04:41.860 --> 00:04:43.682
market difference in the two locations?
00:04:44.403 --> 00:04:45.723
And if so, what's the biggest difference?
00:04:46.303 --> 00:04:47.225
Huge market difference.
00:04:48.545 --> 00:04:49.725
I think- Market or marketing?
00:04:50.166 --> 00:04:51.127
I want to clarify that.
00:04:51.728 --> 00:04:51.947
Market.
00:04:52.007 --> 00:04:52.247
Okay.
00:04:52.807 --> 00:04:53.569
All right, all right.
00:04:54.091 --> 00:04:55.833
Um, marketing, I don't think is,
00:04:56.014 --> 00:04:57.095
is tremendously different.
00:04:57.134 --> 00:04:57.656
It's, you know,
00:04:57.875 --> 00:04:58.637
I think once you find the
00:04:58.656 --> 00:04:59.237
processes at work,
00:04:59.257 --> 00:05:01.220
you can stick with them, but you know,
00:05:01.261 --> 00:05:02.721
where we went, it's the,
00:05:02.942 --> 00:05:04.223
the demographic with the
00:05:04.264 --> 00:05:05.045
population that I was
00:05:05.084 --> 00:05:05.906
seeking is much more
00:05:05.966 --> 00:05:06.947
condensed than it is here
00:05:06.968 --> 00:05:07.788
on the Jersey shore.
00:05:08.028 --> 00:05:09.511
And then as soon as you leave that area,
00:05:09.630 --> 00:05:11.713
you end up in very rural spaces.
00:05:12.555 --> 00:05:13.115
I can't tell you how many
00:05:13.134 --> 00:05:14.295
times I've gone and done an estimate,
00:05:14.495 --> 00:05:15.476
and I offered to do
00:05:15.497 --> 00:05:17.699
something for them for $125.
00:05:17.699 --> 00:05:19.519
You guys both know you're
00:05:19.560 --> 00:05:20.220
not making any money at $125.
00:05:20.220 --> 00:05:20.721
No, no.
00:05:20.821 --> 00:05:23.242
And you're like, oh, no,
00:05:23.262 --> 00:05:24.202
that's way too expensive.
00:05:24.283 --> 00:05:24.882
I was thinking $25.
00:05:24.983 --> 00:05:26.004
I'll just burn it in the backyard.
00:05:26.024 --> 00:05:30.146
No, it's interesting.
00:05:30.387 --> 00:05:31.307
That is the conversation I
00:05:31.348 --> 00:05:32.288
had earlier today with somebody.
00:05:32.809 --> 00:05:34.990
I said my single item is at $139,
00:05:34.990 --> 00:05:36.190
which is on point with my
00:05:36.230 --> 00:05:36.850
competitors here,
00:05:37.291 --> 00:05:41.019
and 10% discount puts me at $125.10.
00:05:41.019 --> 00:05:42.860
And other people are like, oh,
00:05:42.879 --> 00:05:43.620
let's put out the curb and
00:05:43.639 --> 00:05:44.220
see if it goes.
00:05:44.240 --> 00:05:45.380
And if not, I'll figure it out later.
00:05:45.401 --> 00:05:46.201
And it's like, well,
00:05:46.221 --> 00:05:47.740
that ain't a fucking great
00:05:47.781 --> 00:05:48.661
methodology for it.
00:05:48.982 --> 00:05:50.041
The other thing, yeah,
00:05:50.702 --> 00:05:52.603
we'll leave it at that.
00:05:52.642 --> 00:05:54.103
So it's more rural.
00:05:54.124 --> 00:05:57.185
Are you based in one city?
00:05:58.629 --> 00:06:00.271
Or is it just a countryside?
00:06:00.290 --> 00:06:01.031
Well,
00:06:01.052 --> 00:06:04.235
so we're operating within the bounds
00:06:04.295 --> 00:06:05.415
of the Cherry Hill market
00:06:05.435 --> 00:06:05.956
is what I call it.
00:06:05.975 --> 00:06:06.315
Cherry Hill,
00:06:06.336 --> 00:06:08.218
New Jersey is kind of my target town.
00:06:08.237 --> 00:06:09.237
Then there's some additional
00:06:09.257 --> 00:06:09.798
towns around there.
00:06:09.819 --> 00:06:11.819
But, you know, in that Cherry Hill market,
00:06:11.839 --> 00:06:14.201
I'm chasing six to eight zip codes.
00:06:14.502 --> 00:06:16.103
You know, here on the Jersey Shore,
00:06:16.124 --> 00:06:18.725
we have upwards of 20 that are viable.
00:06:18.745 --> 00:06:19.927
You know, they have the right demographics,
00:06:19.966 --> 00:06:20.187
the right.
00:06:20.867 --> 00:06:23.269
the right income, you know, it's a dense,
00:06:23.329 --> 00:06:23.889
like you said.
00:06:24.009 --> 00:06:24.209
Yeah.
00:06:24.269 --> 00:06:25.651
And then, and then down there you, you,
00:06:25.730 --> 00:06:27.252
you stay in those zip codes and I've,
00:06:27.632 --> 00:06:28.252
I've spent some money
00:06:28.273 --> 00:06:29.112
trying to market outside of
00:06:29.132 --> 00:06:29.694
them and I've learned that
00:06:29.733 --> 00:06:30.374
lesson very quick.
00:06:31.375 --> 00:06:32.995
So let's talk, I want to get into that.
00:06:33.115 --> 00:06:34.396
I love, you know, me, I love data.
00:06:34.416 --> 00:06:36.937
I love zip codes and I, and I, and I,
00:06:37.057 --> 00:06:38.379
and I, I'm going to write,
00:06:38.418 --> 00:06:38.879
actually I need a,
00:06:39.636 --> 00:06:40.276
I need a tailor.
00:06:40.416 --> 00:06:41.418
Actually, I got a marker.
00:06:41.478 --> 00:06:42.540
I'm going to write down how
00:06:42.579 --> 00:06:43.802
many zip codes I think you
00:06:43.841 --> 00:06:45.985
have based on my hillbilly
00:06:46.024 --> 00:06:46.886
math of doing this for more
00:06:46.906 --> 00:06:47.526
than a few days.
00:06:48.007 --> 00:06:48.649
So you said you have 20.
00:06:48.728 --> 00:06:49.129
All right.
00:06:49.610 --> 00:06:50.350
I put a number down.
00:06:50.451 --> 00:06:51.512
How many zip codes are
00:06:51.632 --> 00:06:52.714
feasible in your area?
00:06:56.307 --> 00:06:59.228
Your initial area, you mark it 22.
00:07:00.449 --> 00:07:02.649
I don't know if I have that data.
00:07:03.410 --> 00:07:04.449
I'm operating basically
00:07:04.490 --> 00:07:05.829
within a 35-mile radius,
00:07:05.870 --> 00:07:06.529
if that makes sense.
00:07:06.831 --> 00:07:08.930
I don't know what the zip codes are.
00:07:08.951 --> 00:07:12.711
There's certain towns, for example,
00:07:12.752 --> 00:07:14.192
Wall Township has five zip codes,
00:07:14.913 --> 00:07:16.112
so that's easy to chase those.
00:07:16.954 --> 00:07:18.634
I would tell you we have saturation,
00:07:19.394 --> 00:07:20.894
substantial saturation in
00:07:21.115 --> 00:07:22.735
eight of them here, and then the rest,
00:07:22.935 --> 00:07:23.555
there's room to grow.
00:07:23.576 --> 00:07:23.696
Yeah.
00:07:24.795 --> 00:07:27.517
So here's my hillbilly math I wrote down.
00:07:28.978 --> 00:07:30.459
My hillbilly math says you
00:07:30.480 --> 00:07:31.699
can service 60 zip codes
00:07:31.720 --> 00:07:32.341
based off of that.
00:07:33.161 --> 00:07:34.781
If I would look at your map,
00:07:35.362 --> 00:07:37.103
I would say there's 60 zip codes.
00:07:38.225 --> 00:07:39.985
And this is where I break it down.
00:07:40.305 --> 00:07:41.286
This is how Milwaukee is.
00:07:41.305 --> 00:07:42.947
There are 60 zip codes I can service.
00:07:43.108 --> 00:07:45.968
From my location, going out 45 minutes,
00:07:46.149 --> 00:07:47.129
there's 60 zip codes.
00:07:47.831 --> 00:07:49.351
And the math I use is the sometimes,
00:07:49.432 --> 00:07:49.911
always, never,
00:07:50.052 --> 00:07:51.033
one-third principle that
00:07:51.733 --> 00:07:52.754
ultimately works in life.
00:07:53.334 --> 00:07:55.035
So one-third of those zip
00:07:55.074 --> 00:07:56.315
codes will use me, right?
00:07:56.336 --> 00:07:57.177
They're the always people.
00:07:57.216 --> 00:07:58.858
They will always pay for junk removal.
00:07:59.038 --> 00:07:59.139
Now,
00:07:59.178 --> 00:08:00.418
whether they'll use me or my competitor,
00:08:00.500 --> 00:08:00.839
I don't know.
00:08:01.639 --> 00:08:02.641
One-third sometimes.
00:08:02.680 --> 00:08:03.701
So that means sometimes some
00:08:03.721 --> 00:08:05.122
of the people will use junk removal.
00:08:05.543 --> 00:08:06.303
And one-third,
00:08:06.663 --> 00:08:07.504
they will never pay a
00:08:07.545 --> 00:08:08.625
professional organization.
00:08:08.805 --> 00:08:09.846
So do they need the service?
00:08:09.887 --> 00:08:10.107
Yeah.
00:08:10.627 --> 00:08:11.327
What are they going to do?
00:08:11.507 --> 00:08:12.108
To your point, yeah,
00:08:12.127 --> 00:08:13.488
they might take it out back and burn it.
00:08:13.769 --> 00:08:14.389
They might just put it on
00:08:14.410 --> 00:08:14.951
the side of the road.
00:08:15.190 --> 00:08:16.151
They might go hire a truck
00:08:16.172 --> 00:08:16.851
on a truck because they
00:08:16.872 --> 00:08:17.612
don't give a shit it's a
00:08:17.653 --> 00:08:18.973
professional junk removal company.
00:08:20.875 --> 00:08:21.636
When you said 20,
00:08:21.636 --> 00:08:22.915
I automatically just tripled it.
00:08:23.076 --> 00:08:24.117
There's probably 60 zip
00:08:24.156 --> 00:08:25.038
codes you can touch.
00:08:25.478 --> 00:08:26.098
This is important.
00:08:26.119 --> 00:08:26.699
We talked about the guy.
00:08:26.718 --> 00:08:27.259
I remember that guy from
00:08:27.358 --> 00:08:28.399
Charlotte years ago.
00:08:28.420 --> 00:08:29.581
He's like, I want to go after Charlotte.
00:08:29.600 --> 00:08:29.800
I was like,
00:08:29.821 --> 00:08:30.822
that sounds like a terrible idea.
00:08:32.883 --> 00:08:34.203
What's a small town you can win?
00:08:34.224 --> 00:08:34.543
He's like, well,
00:08:34.563 --> 00:08:36.826
there's this one town
00:08:36.865 --> 00:08:37.385
that's 40,000 people.
00:08:37.426 --> 00:08:38.527
I go, yeah, go win there.
00:08:38.807 --> 00:08:41.990
Go win there first.
00:08:42.070 --> 00:08:42.529
I tell people,
00:08:42.570 --> 00:08:43.990
find three to five zip codes that work.
00:08:44.331 --> 00:08:45.292
Start with three to five.
00:08:47.014 --> 00:08:47.835
Well, look at per truck.
00:08:48.154 --> 00:08:49.475
How many can you actually
00:08:49.995 --> 00:08:52.698
realistically cover per year per truck?
00:08:53.359 --> 00:08:53.578
Right.
00:08:53.820 --> 00:08:54.519
You can literally put that
00:08:54.539 --> 00:08:56.461
down on a piece of paper and say, well,
00:08:56.481 --> 00:08:57.783
if I have like, for instance,
00:08:57.802 --> 00:08:58.884
Dallas-Fort Worth, it's huge.
00:08:59.203 --> 00:09:00.024
And they're not
00:09:00.105 --> 00:09:01.306
geographically next to each other.
00:09:01.385 --> 00:09:02.246
You have a huge gap,
00:09:02.287 --> 00:09:03.246
which is called mid cities.
00:09:03.908 --> 00:09:05.208
But if I was if I was to say, oh,
00:09:06.250 --> 00:09:07.730
I service all the DFW area.
00:09:08.291 --> 00:09:08.491
Cool.
00:09:08.511 --> 00:09:09.292
How many crews do you have?
00:09:09.312 --> 00:09:09.932
I have two trucks.
00:09:10.552 --> 00:09:10.753
All right.
00:09:10.773 --> 00:09:11.953
So you're telling me you can
00:09:12.034 --> 00:09:13.014
serve eight and a half
00:09:13.095 --> 00:09:14.616
million people with two trucks.
00:09:15.591 --> 00:09:16.072
Well, no.
00:09:16.452 --> 00:09:17.352
Well, you just told me that.
00:09:17.393 --> 00:09:18.533
That's literally what your marketing says.
00:09:18.553 --> 00:09:20.634
I would say it's one truck
00:09:20.855 --> 00:09:21.416
for every 200,000 population.
00:09:21.436 --> 00:09:21.936
Not per year, though.
00:09:21.956 --> 00:09:22.616
I wouldn't say per year.
00:09:22.636 --> 00:09:23.236
What do you mean?
00:09:23.256 --> 00:09:23.856
I'd almost break it down to
00:09:23.856 --> 00:09:24.418
60,000 because we had a
00:09:24.437 --> 00:09:26.318
population of 450,000 in our area.
00:09:26.339 --> 00:09:26.479
Yeah.
00:09:39.379 --> 00:09:42.644
But that was also within a 15-mile radius.
00:09:43.445 --> 00:09:45.167
Yeah, yeah, yeah.
00:09:45.187 --> 00:09:46.048
When we first started,
00:09:46.148 --> 00:09:47.789
we had three zip codes we went after.
00:09:48.250 --> 00:09:50.594
Four cities, we'll call it.
00:09:50.813 --> 00:09:51.274
Three cities,
00:09:51.315 --> 00:09:52.395
four zip codes because one
00:09:52.436 --> 00:09:53.216
has a double zip code, right?
00:09:53.236 --> 00:09:54.238
About a population of 100,000.
00:09:55.850 --> 00:09:56.951
And now, yes,
00:09:57.010 --> 00:09:58.371
we served a bunch of other ones,
00:09:58.591 --> 00:09:59.491
but our initial was, hey,
00:09:59.511 --> 00:10:00.611
let's get to two or three trucks.
00:10:01.172 --> 00:10:01.332
Right.
00:10:01.352 --> 00:10:02.592
And we got to two trucks with that.
00:10:03.993 --> 00:10:05.474
And that was with heavy saturation.
00:10:05.754 --> 00:10:08.333
So what I'm saying is when you're starting,
00:10:08.374 --> 00:10:09.195
when you have one truck,
00:10:09.235 --> 00:10:10.855
go after 100,000 people max.
00:10:11.215 --> 00:10:11.514
That's it.
00:10:11.975 --> 00:10:12.216
Yes.
00:10:12.676 --> 00:10:13.155
Go after 100,000 people.
00:10:15.102 --> 00:10:16.063
Then go after 200, right?
00:10:16.124 --> 00:10:17.164
It's $100,000 for every
00:10:17.205 --> 00:10:18.725
truck you have until you
00:10:18.765 --> 00:10:20.648
get to certain economies of scale.
00:10:20.707 --> 00:10:24.071
Once you get to three or four trucks,
00:10:24.191 --> 00:10:25.812
then the economies of scale go up, right?
00:10:26.113 --> 00:10:28.195
Now, like you were talking there, Barton,
00:10:28.534 --> 00:10:29.035
Jersey Shore,
00:10:29.076 --> 00:10:29.735
you can go after a
00:10:29.775 --> 00:10:30.716
population of 2 million
00:10:30.937 --> 00:10:31.677
with eight trucks because
00:10:31.697 --> 00:10:32.359
you're going to have enough
00:10:32.399 --> 00:10:33.480
saturation in certain areas.
00:10:34.553 --> 00:10:36.455
Yeah, I think that's a fantastic point,
00:10:36.475 --> 00:10:37.655
and I would nuance that too.
00:10:38.436 --> 00:10:39.517
I think a lot of these guys,
00:10:40.216 --> 00:10:41.256
they discount their
00:10:41.277 --> 00:10:43.018
opportunity to do commercial business,
00:10:43.639 --> 00:10:44.298
and I think commercial
00:10:44.318 --> 00:10:44.958
business gives you a little
00:10:44.979 --> 00:10:45.399
bit of opportunity.
00:10:45.440 --> 00:10:46.200
I bet you could change that
00:10:46.240 --> 00:10:47.561
number to 120 or 140 if
00:10:47.581 --> 00:10:50.042
you're chasing those larger accounts.
00:10:50.261 --> 00:10:51.142
Oh, that's what I'm saying.
00:10:51.162 --> 00:10:52.523
With eight trucks,
00:10:52.543 --> 00:10:53.443
you can service 2 million
00:10:53.464 --> 00:10:54.663
people because you've
00:10:54.703 --> 00:10:56.284
earned the right to do
00:10:56.365 --> 00:10:57.745
consistent 3,000 to
00:10:57.765 --> 00:10:59.047
5,000-hour jobs or that
00:10:59.086 --> 00:11:00.326
really consistent 500 to
00:11:00.346 --> 00:11:01.788
700-hour job that hits every month.
00:11:02.919 --> 00:11:04.740
I think you're 100% right.
00:11:04.780 --> 00:11:06.162
I was just offering a nugget
00:11:06.182 --> 00:11:06.761
to some of these guys that
00:11:06.782 --> 00:11:07.743
are only operating one truck.
00:11:07.863 --> 00:11:10.264
How do you maximize your revenue there?
00:11:10.303 --> 00:11:11.004
What I'm saying is,
00:11:11.844 --> 00:11:12.504
what you're saying right
00:11:12.524 --> 00:11:13.644
now with your satellite location,
00:11:13.664 --> 00:11:14.326
because I want to focus on
00:11:14.346 --> 00:11:15.385
your satellite location for
00:11:15.405 --> 00:11:16.407
a lot of these startup guys.
00:11:17.287 --> 00:11:18.148
Your satellite location,
00:11:18.168 --> 00:11:19.687
you're going after six zip codes.
00:11:20.328 --> 00:11:22.109
Two truck operation, maybe what,
00:11:22.109 --> 00:11:22.970
200,000 population?
00:11:23.149 --> 00:11:23.450
That's it.
00:11:24.250 --> 00:11:25.850
You said, we're saying the same thing.
00:11:26.211 --> 00:11:27.152
Aim small, miss small.
00:11:28.220 --> 00:11:29.221
When you first get started,
00:11:29.240 --> 00:11:30.902
I want to go after all of Milwaukee.
00:11:30.922 --> 00:11:31.241
I'm like, well,
00:11:31.261 --> 00:11:31.981
everyone's going to hire me.
00:11:32.042 --> 00:11:32.402
No, they're not.
00:11:32.842 --> 00:11:33.682
Go after the places I know
00:11:33.702 --> 00:11:35.783
they're going to hire me.
00:11:35.884 --> 00:11:37.404
I think we're 100% saying the same thing.
00:11:37.445 --> 00:11:38.385
I agree with you completely.
00:11:38.605 --> 00:11:39.426
I think one of the other
00:11:39.525 --> 00:11:40.866
benefits that we have is
00:11:41.326 --> 00:11:42.868
with the hub and spoke is
00:11:43.467 --> 00:11:44.369
if I have a slow day there,
00:11:44.389 --> 00:11:45.349
I just bring those guys this way.
00:11:45.690 --> 00:11:47.309
It's not super cost efficient for me,
00:11:47.331 --> 00:11:48.431
but it allows me to
00:11:48.471 --> 00:11:49.692
maintain a good quality
00:11:49.711 --> 00:11:51.013
staff and keep them busy all the time.
00:11:51.633 --> 00:11:53.073
How far away is that site from yours?
00:11:53.114 --> 00:11:54.033
What's the drive time?
00:11:54.134 --> 00:11:54.914
It's an hour and 15 minutes.
00:11:55.727 --> 00:11:56.869
Okay, I was going to say, yeah, yeah.
00:11:57.028 --> 00:11:57.990
I would say anything closer
00:11:58.049 --> 00:11:59.171
than an hour seems kind of
00:11:59.191 --> 00:11:59.831
ridiculous because you're
00:11:59.850 --> 00:12:01.072
going to have so much crossover.
00:12:01.351 --> 00:12:02.312
Yeah, hour, I'd say 90 minutes.
00:12:02.352 --> 00:12:03.333
Do they start the day at the hub?
00:12:05.174 --> 00:12:05.796
I'm sorry, Case.
00:12:06.596 --> 00:12:07.878
Do they start the day at the
00:12:07.937 --> 00:12:09.379
original location or they start at?
00:12:09.499 --> 00:12:10.559
No, they always start at there.
00:12:10.600 --> 00:12:10.840
I mean,
00:12:10.919 --> 00:12:12.701
that location is completely independent.
00:12:12.760 --> 00:12:13.422
It operates on it.
00:12:13.442 --> 00:12:14.342
So I'm just saying that
00:12:14.383 --> 00:12:15.182
they're close enough that I
00:12:15.202 --> 00:12:15.823
can utilize them.
00:12:16.583 --> 00:12:16.904
To me,
00:12:16.965 --> 00:12:18.505
what's important is maintaining
00:12:18.525 --> 00:12:19.206
quality employees,
00:12:19.246 --> 00:12:20.488
especially in that location
00:12:20.508 --> 00:12:21.567
to make sure our reputation
00:12:21.607 --> 00:12:22.249
is being maintained.
00:12:22.951 --> 00:12:23.851
You're not going to keep
00:12:23.912 --> 00:12:24.712
quality people if you can't
00:12:24.732 --> 00:12:26.052
give them quality work every day.
00:12:26.873 --> 00:12:29.214
I think a lot of times they
00:12:29.234 --> 00:12:29.894
enjoy coming out here
00:12:29.914 --> 00:12:30.554
because they know it's two
00:12:30.575 --> 00:12:31.495
hours of just driving and
00:12:31.514 --> 00:12:34.316
listening to the radio.
00:12:34.375 --> 00:12:35.576
It's a win-win.
00:12:36.096 --> 00:12:37.157
You know that you have more
00:12:37.177 --> 00:12:39.018
time right now or you have
00:12:39.057 --> 00:12:39.937
more money than time.
00:12:39.977 --> 00:12:41.698
You have money to pay them,
00:12:42.158 --> 00:12:43.799
which allows you to get more time
00:12:44.726 --> 00:12:44.927
right.
00:12:45.706 --> 00:12:45.907
To,
00:12:45.988 --> 00:12:47.768
to build up the site versus when you're
00:12:47.788 --> 00:12:49.869
first started, you gotta, you gotta man,
00:12:49.908 --> 00:12:51.230
you know, monitor that cashflow.
00:12:51.289 --> 00:12:52.429
So you gotta walk every,
00:12:52.529 --> 00:12:53.250
watch every shekel.
00:12:53.669 --> 00:12:55.850
When you have economies of scale, you can,
00:12:56.792 --> 00:12:57.692
you can, you can make some choices.
00:12:57.751 --> 00:12:57.912
Yeah.
00:12:58.091 --> 00:13:00.113
So they're going to burn, you know,
00:13:00.113 --> 00:13:01.874
$120 a day between fuel
00:13:01.933 --> 00:13:03.754
maintenance and their wages, you know,
00:13:04.115 --> 00:13:05.235
sit in a truck for two hours.
00:13:05.315 --> 00:13:07.655
And yet you're still
00:13:07.816 --> 00:13:09.035
breaking even or better and
00:13:09.096 --> 00:13:09.876
retaining the employees.
00:13:10.496 --> 00:13:11.037
And you're getting more
00:13:11.076 --> 00:13:12.677
exercise on those guys in that equipment.
00:13:13.692 --> 00:13:14.274
A hundred percent.
00:13:14.293 --> 00:13:14.854
And I'll tell you what,
00:13:14.913 --> 00:13:16.076
there's some big wins down
00:13:16.096 --> 00:13:16.596
there for that.
00:13:16.735 --> 00:13:18.096
It's, it's totally worth the spend.
00:13:18.418 --> 00:13:18.857
You know, again,
00:13:19.097 --> 00:13:19.999
I think you have a valid point.
00:13:20.019 --> 00:13:20.539
A lot of these guys I
00:13:20.559 --> 00:13:21.520
understand maybe don't have
00:13:21.541 --> 00:13:23.822
the access to capital, but that,
00:13:23.863 --> 00:13:24.803
that location to me,
00:13:24.984 --> 00:13:26.004
like I'm not sweating it.
00:13:26.245 --> 00:13:26.525
I'd like,
00:13:26.645 --> 00:13:27.447
I'd love to see it do a little
00:13:27.466 --> 00:13:28.467
bit better than it's doing right now.
00:13:28.548 --> 00:13:30.288
But I also think in three,
00:13:30.469 --> 00:13:31.630
three to five years, I'm really damn,
00:13:31.650 --> 00:13:32.692
this thing's rock and roll.
00:13:32.711 --> 00:13:33.432
And I'm glad I did it.
00:13:34.533 --> 00:13:34.953
How,
00:13:34.974 --> 00:13:36.154
so how was it doing compared to your
00:13:36.195 --> 00:13:36.936
initial pro forma?
00:13:38.075 --> 00:13:39.017
Uh, it's,
00:13:39.277 --> 00:13:40.818
it's a little bit below my pro forma.
00:13:40.919 --> 00:13:42.341
I, I was pretty optimistic.
00:13:42.741 --> 00:13:44.885
Um, but I, I think, you know,
00:13:44.926 --> 00:13:45.787
I go back to the same thing
00:13:45.826 --> 00:13:46.467
you're talking about.
00:13:46.989 --> 00:13:47.750
I can remember when I
00:13:48.071 --> 00:13:48.772
literally was begging
00:13:48.792 --> 00:13:49.472
people to come out and help
00:13:49.493 --> 00:13:50.333
me when I had a job.
00:13:50.575 --> 00:13:52.638
Otherwise it was Andy Barton in my truck,
00:13:52.677 --> 00:13:52.918
you know?
00:13:52.937 --> 00:13:52.977
Um,
00:13:53.958 --> 00:13:55.240
There was no brothers behind the Barton.
00:13:55.620 --> 00:13:56.360
It was Barton.
00:13:56.801 --> 00:13:57.240
Exactly.
00:13:57.301 --> 00:13:59.462
So I look at it in that capacity.
00:13:59.523 --> 00:14:00.682
I'm like, you know,
00:14:00.702 --> 00:14:01.724
I really am being
00:14:01.783 --> 00:14:02.884
optimistic in the fact that
00:14:03.024 --> 00:14:03.804
it took me a couple of
00:14:03.845 --> 00:14:05.466
years to get this established here.
00:14:06.027 --> 00:14:07.106
And I'm rolling into a new market.
00:14:07.147 --> 00:14:07.307
Yes,
00:14:07.346 --> 00:14:08.288
I do have a little bit more money and
00:14:08.327 --> 00:14:08.548
time.
00:14:08.567 --> 00:14:10.188
So hopefully it gets going faster.
00:14:10.229 --> 00:14:12.070
But I'll tell you, at the end of the day,
00:14:12.490 --> 00:14:13.211
you can talk about all the
00:14:13.291 --> 00:14:14.371
clicks and everything you want,
00:14:14.451 --> 00:14:15.972
pay-per-click and leads.
00:14:17.332 --> 00:14:18.433
The old adage is still true.
00:14:18.474 --> 00:14:19.235
You need to know the people.
00:14:19.274 --> 00:14:20.595
The people need to know you.
00:14:21.655 --> 00:14:22.417
If they see your name and
00:14:22.437 --> 00:14:23.177
they recognize your truck
00:14:23.216 --> 00:14:24.097
and they're familiar with you,
00:14:24.317 --> 00:14:24.937
they're going to call you.
00:14:25.778 --> 00:14:26.879
Bob Burke said it best.
00:14:26.899 --> 00:14:28.039
People buy from they know, like,
00:14:28.100 --> 00:14:29.240
and trust.
00:14:30.181 --> 00:14:31.642
Of those three, the three you can control,
00:14:32.121 --> 00:14:34.283
they can know you.
00:14:34.303 --> 00:14:35.825
You've got to put yourself out there.
00:14:36.085 --> 00:14:37.284
You've got to be available
00:14:37.365 --> 00:14:39.606
for the people to know who you are.
00:14:39.807 --> 00:14:40.788
People can't buy from you if
00:14:40.807 --> 00:14:41.528
they don't know who you are
00:14:41.548 --> 00:14:42.028
or what you sell.
00:14:42.389 --> 00:14:45.190
It's really that simple.
00:14:45.350 --> 00:14:45.910
That's marketing.
00:14:46.899 --> 00:14:47.760
It's the same too.
00:14:48.081 --> 00:14:48.961
I go out there and do as
00:14:49.000 --> 00:14:50.182
many of those estimates as I can.
00:14:50.201 --> 00:14:52.342
I try not to book estimates
00:14:52.363 --> 00:14:52.864
if I don't have to,
00:14:52.884 --> 00:14:53.604
but you guys know what it is.
00:14:53.624 --> 00:14:54.705
You get a large estate clean out,
00:14:54.725 --> 00:14:55.445
you get a commercial property,
00:14:55.465 --> 00:14:56.066
you're going to have to go
00:14:56.086 --> 00:14:56.666
say hi to those people.
00:14:57.426 --> 00:14:57.986
I go out there,
00:14:58.006 --> 00:14:59.086
my close rate's probably 95%.
00:14:59.086 --> 00:15:00.548
I send one of the boys,
00:15:00.749 --> 00:15:02.009
and they're good guys.
00:15:02.029 --> 00:15:04.192
They work hard, but they're not me.
00:15:04.351 --> 00:15:05.113
They don't sell the business
00:15:05.133 --> 00:15:05.673
the way I sell it.
00:15:06.494 --> 00:15:08.455
They're closing at 70%.
00:15:09.655 --> 00:15:10.876
It's a lot of driving on my side,
00:15:10.918 --> 00:15:11.437
but I think that's where
00:15:11.457 --> 00:15:11.937
the money's made.
00:15:13.239 --> 00:15:16.381
The agreement we had with my
00:15:16.442 --> 00:15:17.602
ops manager was a certain
00:15:17.623 --> 00:15:18.464
level of estimate.
00:15:19.264 --> 00:15:21.186
I would take that 100% of the time.
00:15:21.485 --> 00:15:22.647
It had nothing to do with
00:15:23.447 --> 00:15:24.508
if I didn't believe in him
00:15:24.528 --> 00:15:25.469
because I trained him very
00:15:25.509 --> 00:15:26.849
well and he was you you
00:15:26.869 --> 00:15:28.649
knew augie andy and augie
00:15:28.668 --> 00:15:30.590
was very responsible but it
00:15:30.629 --> 00:15:31.730
got to the point where if I
00:15:31.789 --> 00:15:33.571
could leverage my position
00:15:33.591 --> 00:15:35.030
in the company with this
00:15:35.110 --> 00:15:37.272
job why wouldn't I rather
00:15:37.312 --> 00:15:38.711
than an employee showing up
00:15:38.772 --> 00:15:39.951
and you know what let me
00:15:39.971 --> 00:15:41.373
check on that or hey let me
00:15:41.493 --> 00:15:42.113
ask real quick
00:15:42.852 --> 00:15:44.514
And I'm not saying that's a killer,
00:15:44.974 --> 00:15:46.934
but a lot of times, you know,
00:15:47.254 --> 00:15:48.176
they would try to sub out
00:15:48.355 --> 00:15:50.216
something to someone else.
00:15:50.596 --> 00:15:51.717
And I just happen to be there.
00:15:51.738 --> 00:15:52.618
So, you know, that's not an issue.
00:15:52.638 --> 00:15:53.798
We'll just throw it on on
00:15:53.859 --> 00:15:55.240
top of this existing job
00:15:55.259 --> 00:15:56.259
and we'll get it done for you.
00:15:58.682 --> 00:16:01.243
I think as an owner operator,
00:16:01.363 --> 00:16:02.323
no matter how big you get.
00:16:03.288 --> 00:16:04.168
There's going to be times
00:16:04.428 --> 00:16:05.409
you need to be involved,
00:16:05.629 --> 00:16:06.610
especially in those big
00:16:06.811 --> 00:16:08.513
commercial situations or
00:16:08.572 --> 00:16:09.293
even a small one.
00:16:09.312 --> 00:16:10.934
Every now and then, humble yourself.
00:16:10.995 --> 00:16:12.756
Go out there on a full trailer job.
00:16:13.037 --> 00:16:13.856
Meet the customer.
00:16:14.197 --> 00:16:14.898
Check on the guys.
00:16:14.918 --> 00:16:16.019
Strike up a conversation.
00:16:16.038 --> 00:16:18.160
Because like you said, Andy Barton.
00:16:19.139 --> 00:16:20.941
You can't expect the other
00:16:20.980 --> 00:16:22.143
people to talk about your
00:16:22.202 --> 00:16:23.083
business the way you do.
00:16:23.945 --> 00:16:25.105
And a lot of people appreciate that.
00:16:25.125 --> 00:16:26.567
So when they see that, oh, you're a vet.
00:16:26.628 --> 00:16:27.048
Cool.
00:16:27.129 --> 00:16:28.570
I served 19 years with the Marine Corps.
00:16:28.610 --> 00:16:29.150
This is what I did.
00:16:29.652 --> 00:16:30.832
You and that person could
00:16:30.873 --> 00:16:31.913
build a rapport while your
00:16:31.933 --> 00:16:32.914
guys are getting that job
00:16:32.956 --> 00:16:34.898
done rather than having one
00:16:34.918 --> 00:16:36.799
of your guys take up their
00:16:36.840 --> 00:16:38.022
time doing that.
00:16:39.501 --> 00:16:40.883
And I think you're at a point,
00:16:40.923 --> 00:16:42.342
and I think the other thing
00:16:42.363 --> 00:16:43.062
you got to remember is
00:16:43.864 --> 00:16:45.043
what's a big job to you, me,
00:16:45.083 --> 00:16:47.083
and Andy now may be a lot
00:16:47.104 --> 00:16:47.664
different than what this
00:16:47.684 --> 00:16:48.644
person thinks a big job is.
00:16:48.725 --> 00:16:49.644
I go and do two trucks,
00:16:49.664 --> 00:16:50.544
and people are like, oh, my God,
00:16:50.565 --> 00:16:51.666
this is a lot of money.
00:16:52.025 --> 00:16:52.645
Can I trust you?
00:16:52.666 --> 00:16:54.606
Do you have insurance, this and that?
00:16:54.767 --> 00:16:56.147
And two trucks,
00:16:56.167 --> 00:16:58.148
we're going to be there maybe 90 minutes,
00:16:58.227 --> 00:16:59.008
and we're going to be out of there.
00:16:59.028 --> 00:16:59.187
Mm-hmm.
00:17:00.201 --> 00:17:02.024
Yeah, when it comes to our,
00:17:02.964 --> 00:17:04.105
we have an SLP for this, right?
00:17:04.184 --> 00:17:04.846
And so what it is,
00:17:04.905 --> 00:17:08.169
is if it's ever a interior demo, right?
00:17:08.189 --> 00:17:09.289
So if my guy's looking to
00:17:09.349 --> 00:17:10.351
tear down a shed or something,
00:17:10.490 --> 00:17:11.070
not a problem, right?
00:17:11.290 --> 00:17:13.753
So interior demo, commercial job,
00:17:14.054 --> 00:17:14.855
or full house clean up.
00:17:15.674 --> 00:17:18.636
Then it's, it is, it's really for us,
00:17:18.696 --> 00:17:19.657
it's a second set of eyes.
00:17:20.157 --> 00:17:21.118
The second set of eyes,
00:17:21.179 --> 00:17:22.940
as much as it is then to your point,
00:17:23.080 --> 00:17:26.143
and Andy Martin, it is the little bit of,
00:17:26.182 --> 00:17:27.243
Hey, Oh, the owner,
00:17:27.263 --> 00:17:27.943
the owner of the company
00:17:27.963 --> 00:17:29.085
showed up and a little bit
00:17:29.105 --> 00:17:29.806
more depth here.
00:17:29.865 --> 00:17:30.365
And let's,
00:17:30.385 --> 00:17:31.386
let's establish a little bit
00:17:31.406 --> 00:17:33.607
more of a relationship beyond, okay,
00:17:33.627 --> 00:17:34.528
you got a couch in the basement.
00:17:34.949 --> 00:17:37.351
And so I actually, this today, I was, I,
00:17:37.832 --> 00:17:39.512
as we're scaling right now, we are, we,
00:17:39.573 --> 00:17:40.854
we exceeded goal Q1.
00:17:40.894 --> 00:17:41.934
Our biggest challenge right now is,
00:17:42.575 --> 00:17:43.174
enough crew chiefs.
00:17:43.214 --> 00:17:44.236
I got enough guys in the trucks.
00:17:44.496 --> 00:17:45.115
I need enough guys.
00:17:45.215 --> 00:17:46.477
I need more guys that can run the trucks.
00:17:46.497 --> 00:17:47.156
That's where we're having a
00:17:47.196 --> 00:17:48.417
deficit in our company right now.
00:17:50.419 --> 00:17:52.640
And so I was, I was, I was sitting and,
00:17:52.880 --> 00:17:52.980
and,
00:17:54.300 --> 00:17:55.500
look at the calendar and saying, okay,
00:17:55.520 --> 00:17:56.521
where, where can I fit in?
00:17:56.561 --> 00:17:57.882
What can I do to, you know,
00:17:58.462 --> 00:17:59.143
alleviate some of the
00:17:59.163 --> 00:18:00.462
stress from the field and
00:18:00.563 --> 00:18:01.403
estimates is one thing I'm
00:18:01.443 --> 00:18:02.124
always able to do.
00:18:02.763 --> 00:18:04.085
And that allows Casey,
00:18:04.144 --> 00:18:05.025
our fleet commander to go
00:18:05.085 --> 00:18:07.006
out and train more guys and
00:18:07.026 --> 00:18:08.246
be more present on jobs.
00:18:08.266 --> 00:18:09.205
Like that's a good use.
00:18:09.586 --> 00:18:10.547
I love doing estimates.
00:18:10.906 --> 00:18:11.967
It is a time suck when
00:18:11.987 --> 00:18:12.988
you're driving between hell,
00:18:13.028 --> 00:18:13.988
I did two this morning in
00:18:14.008 --> 00:18:14.528
between meetings,
00:18:14.587 --> 00:18:15.628
I took phone calls in between.
00:18:15.669 --> 00:18:15.808
Right.
00:18:16.028 --> 00:18:17.028
So I still got it done.
00:18:17.689 --> 00:18:18.529
And I mean,
00:18:19.109 --> 00:18:20.613
If I go out and do two 15-minute estimates,
00:18:20.673 --> 00:18:21.574
it really is 30 minutes I'm
00:18:21.614 --> 00:18:22.275
doing because the rest of
00:18:22.295 --> 00:18:23.837
the time I'm on my phone.
00:18:23.958 --> 00:18:24.659
And I'm working, right?
00:18:24.679 --> 00:18:26.082
I'm talking to my virtual
00:18:26.102 --> 00:18:28.445
assistant or I'm scheduling a call.
00:18:28.625 --> 00:18:29.426
That's the kind of stuff I'm
00:18:29.487 --> 00:18:30.709
doing when I'm on the road.
00:18:30.729 --> 00:18:32.112
So it's built in efficiencies.
00:18:33.915 --> 00:18:35.596
All right, so let's talk about, you know,
00:18:35.656 --> 00:18:36.576
I shared a little bit, you know,
00:18:36.717 --> 00:18:38.999
I'm up this year over goal,
00:18:40.398 --> 00:18:41.480
which is always good.
00:18:41.880 --> 00:18:42.700
Where are you at with your
00:18:42.740 --> 00:18:44.201
current site compared to
00:18:44.260 --> 00:18:46.162
goal or year over year?
00:18:46.201 --> 00:18:47.982
Well, I guess pro forma.
00:18:48.063 --> 00:18:48.803
I guess pro forma is the
00:18:48.843 --> 00:18:49.584
most important thing, right?
00:18:50.284 --> 00:18:52.845
Yeah, our pro forma is pretty generous.
00:18:52.964 --> 00:18:53.365
We're up.
00:18:54.105 --> 00:18:55.406
We continue to be up.
00:18:55.686 --> 00:18:56.626
I think there's a lot of
00:18:56.646 --> 00:18:57.448
opportunity coming in Q2.
00:18:59.125 --> 00:19:01.267
Um, you guys know, Justin,
00:19:01.887 --> 00:19:03.729
Justin Waltz is a big
00:19:03.769 --> 00:19:04.950
promoter proponent of that.
00:19:04.970 --> 00:19:05.931
And I think he's a hundred percent right.
00:19:06.352 --> 00:19:07.112
It's all in your marketing,
00:19:07.152 --> 00:19:07.792
your advertising.
00:19:07.813 --> 00:19:08.373
If you're going to let
00:19:08.393 --> 00:19:09.233
yourself get down and your
00:19:09.253 --> 00:19:09.994
marketing advertising,
00:19:10.015 --> 00:19:10.776
when your money's down,
00:19:10.796 --> 00:19:11.556
you're in the winter time,
00:19:11.596 --> 00:19:12.717
you're going to pay the price for it now.
00:19:13.597 --> 00:19:15.839
Um, we invest heavily.
00:19:16.160 --> 00:19:16.800
Um, my wife,
00:19:17.481 --> 00:19:18.563
we really got to get her on the show.
00:19:18.603 --> 00:19:19.723
I think she'd offer you guys
00:19:19.763 --> 00:19:21.545
a tremendous facet that I don't have.
00:19:21.786 --> 00:19:23.067
And I think Andy would really enjoy it.
00:19:23.527 --> 00:19:24.906
but you know we we spend
00:19:24.926 --> 00:19:25.647
heavily on the marketing
00:19:25.688 --> 00:19:26.587
advertising and it's paying
00:19:26.667 --> 00:19:27.827
off now it's and it's been
00:19:27.847 --> 00:19:28.468
paying off I think it's
00:19:28.488 --> 00:19:29.608
really going to hit in q2 I
00:19:29.648 --> 00:19:30.409
think you're going to see
00:19:31.269 --> 00:19:32.189
you know the the economic
00:19:32.209 --> 00:19:33.130
conditions are still mixed
00:19:33.170 --> 00:19:33.769
you keep getting these
00:19:33.910 --> 00:19:34.849
reports nobody really knows
00:19:34.869 --> 00:19:36.270
what's going on but I i
00:19:36.290 --> 00:19:37.050
think people are tired of
00:19:37.090 --> 00:19:37.911
sitting stagnant the
00:19:37.951 --> 00:19:38.871
northeast here especially
00:19:38.931 --> 00:19:39.872
the housing market's tight
00:19:40.551 --> 00:19:41.511
and people are just making
00:19:41.551 --> 00:19:42.571
moves or renovating and
00:19:42.592 --> 00:19:43.873
there's opportunity to fill
00:19:43.913 --> 00:19:44.573
trucks with garbage
00:19:45.744 --> 00:19:48.388
Well, it's an election year,
00:19:48.669 --> 00:19:49.971
so nothing drastic is going
00:19:49.990 --> 00:19:50.932
to happen one way or the other.
00:19:51.613 --> 00:19:52.554
I have seen – we talked
00:19:52.574 --> 00:19:53.635
about this last episode or
00:19:53.655 --> 00:19:54.356
episode before that.
00:19:54.777 --> 00:19:55.898
I have seen plenty of people
00:19:55.919 --> 00:19:56.519
that went out.
00:19:56.859 --> 00:19:57.701
I saw people going out of
00:19:57.721 --> 00:19:59.242
business in Q4 of last year,
00:19:59.262 --> 00:20:01.385
and I definitely –
00:20:01.385 --> 00:20:02.528
I haven't seen any new
00:20:02.567 --> 00:20:03.509
drunken wool companies in
00:20:03.548 --> 00:20:04.589
our area in six months.
00:20:05.090 --> 00:20:06.313
And I'd say the last two years,
00:20:06.813 --> 00:20:07.994
once a month I saw somebody.
00:20:08.595 --> 00:20:11.439
I live a mile from the landfill.
00:20:11.679 --> 00:20:13.582
So every day on my drive to work,
00:20:13.642 --> 00:20:14.643
I drive past the landfill.
00:20:14.863 --> 00:20:16.444
On my way home, I drive past the landfill.
00:20:16.925 --> 00:20:18.365
There's a transfer station I drive by.
00:20:18.405 --> 00:20:19.886
There's a scrapyard I drive by.
00:20:20.086 --> 00:20:21.886
So I see other junkable trucks.
00:20:21.906 --> 00:20:22.827
This isn't just like, oh,
00:20:22.988 --> 00:20:24.008
no one drove by and went to
00:20:24.028 --> 00:20:24.708
the quick trip today.
00:20:24.728 --> 00:20:26.567
Well, actually, that is another point.
00:20:26.888 --> 00:20:28.028
I'm three blocks away from
00:20:28.088 --> 00:20:28.828
one of the busiest gas
00:20:28.848 --> 00:20:30.409
stations in this county.
00:20:30.890 --> 00:20:32.089
And so I see a lot of other
00:20:32.109 --> 00:20:33.289
junkable companies at that
00:20:33.349 --> 00:20:34.750
gas station because they have gas, diesel,
00:20:34.790 --> 00:20:35.911
and the best fried chicken around.
00:20:37.147 --> 00:20:38.769
I haven't seen some of these cats.
00:20:38.789 --> 00:20:39.471
Some of these cats that
00:20:39.510 --> 00:20:40.332
popped up last year,
00:20:40.551 --> 00:20:41.952
I haven't seen them in six months.
00:20:41.972 --> 00:20:43.194
I haven't seen them since August,
00:20:43.234 --> 00:20:43.634
September.
00:20:43.915 --> 00:20:44.997
I probably saw them once a
00:20:45.076 --> 00:20:46.577
month last summer.
00:20:48.681 --> 00:20:50.682
I'm seeing more dumpster hybrid companies.
00:20:51.423 --> 00:20:51.683
Oh, yeah.
00:20:51.864 --> 00:20:52.424
I'm seeing like, hey,
00:20:52.444 --> 00:20:53.326
I got a 15-yard dumpster and
00:20:56.501 --> 00:20:58.041
they do the hybrid dumpster
00:20:58.082 --> 00:20:59.762
junk removal thing.
00:21:00.383 --> 00:21:01.803
I still see the, I see the regulars,
00:21:01.863 --> 00:21:02.022
right?
00:21:02.083 --> 00:21:03.343
I see college hunks in the area.
00:21:03.563 --> 00:21:05.042
I saw 800 got junk today.
00:21:05.743 --> 00:21:07.324
Uh, this other regional competitor of ours,
00:21:07.384 --> 00:21:07.903
junk shuttle.
00:21:07.963 --> 00:21:08.743
I see those cats.
00:21:08.844 --> 00:21:09.544
They're, they're, they're,
00:21:09.703 --> 00:21:10.324
they're ones that go to
00:21:10.364 --> 00:21:11.003
landfill quite a bit.
00:21:11.243 --> 00:21:12.384
So I see the guys that I've
00:21:12.404 --> 00:21:13.164
seen for years.
00:21:13.244 --> 00:21:14.384
It's these pop-ups that I,
00:21:15.464 --> 00:21:16.005
I haven't seen them.
00:21:16.404 --> 00:21:17.526
And so that,
00:21:17.566 --> 00:21:18.726
that to me is telling me that they're not,
00:21:18.865 --> 00:21:19.705
they're not out banging
00:21:19.726 --> 00:21:20.445
jobs the way we are.
00:21:20.746 --> 00:21:21.586
And more than likely is
00:21:21.625 --> 00:21:23.046
because they'd ran out of
00:21:23.086 --> 00:21:24.227
money to advertise and then
00:21:24.406 --> 00:21:25.307
kept their shuckles tight.
00:21:25.406 --> 00:21:25.487
And,
00:21:26.359 --> 00:21:27.820
Like you said, they're paying the price.
00:21:28.101 --> 00:21:29.261
I learned that from you, Barton, right?
00:21:29.301 --> 00:21:30.723
When it's going good, market.
00:21:30.763 --> 00:21:32.265
When it's going poor, market.
00:21:33.005 --> 00:21:34.946
Yeah, I mean, that's 100% my goal.
00:21:35.047 --> 00:21:36.188
And I'll tell you,
00:21:36.347 --> 00:21:37.348
I think I said it before,
00:21:38.170 --> 00:21:39.530
it's the end of the easy entrepreneur.
00:21:39.830 --> 00:21:40.811
Like, dude, it's over.
00:21:41.051 --> 00:21:42.472
And we're seeing the same thing.
00:21:42.532 --> 00:21:44.153
These guys are starting to dissipate,
00:21:44.193 --> 00:21:44.615
disappear.
00:21:45.194 --> 00:21:46.435
What we also are experiencing, though,
00:21:46.455 --> 00:21:46.957
is we're getting a lot of
00:21:46.977 --> 00:21:47.836
price sensitivity.
00:21:48.897 --> 00:21:51.079
You know, back in 2020, 2021,
00:21:51.079 --> 00:21:52.401
when the cash flow was flowing,
00:21:52.942 --> 00:21:53.922
people were hiring us
00:21:53.961 --> 00:21:55.002
without question because
00:21:55.042 --> 00:21:55.884
we're the highest rated
00:21:56.314 --> 00:21:57.314
And we have the reputation.
00:21:58.134 --> 00:22:00.015
And now, you know,
00:22:00.035 --> 00:22:00.954
we still win the jobs that
00:22:00.974 --> 00:22:01.715
you're working harder for.
00:22:01.836 --> 00:22:02.375
So, like, well,
00:22:02.836 --> 00:22:03.476
I can't tell you how many
00:22:03.496 --> 00:22:04.457
times recently that, well,
00:22:04.477 --> 00:22:05.497
you were the highest estimate.
00:22:05.817 --> 00:22:06.217
OK, well,
00:22:06.237 --> 00:22:07.758
we also have the highest quality people.
00:22:07.917 --> 00:22:09.198
We have the highest quality trucks.
00:22:09.617 --> 00:22:10.598
We're guaranteed to show up.
00:22:11.398 --> 00:22:12.259
We communicate throughout
00:22:12.278 --> 00:22:13.058
the entire process.
00:22:13.378 --> 00:22:13.618
You know,
00:22:13.638 --> 00:22:14.759
your receipt and everything is
00:22:14.779 --> 00:22:15.880
automated and sent to you automatically.
00:22:16.299 --> 00:22:16.980
These are these are things
00:22:17.000 --> 00:22:18.221
that people find value in, you know.
00:22:18.820 --> 00:22:20.021
And if you don't find value in it,
00:22:20.041 --> 00:22:21.182
then you're not my customer.
00:22:21.202 --> 00:22:21.323
Like,
00:22:21.343 --> 00:22:22.383
I would love to do business with you.
00:22:22.423 --> 00:22:23.263
But at the end of the day,
00:22:24.605 --> 00:22:25.744
we continue to persist and
00:22:25.766 --> 00:22:26.766
these other guys come and go.
00:22:26.865 --> 00:22:27.767
So I think you just have to
00:22:27.807 --> 00:22:28.626
keep that in perspective.
00:22:29.627 --> 00:22:30.448
But I do think you have to
00:22:30.468 --> 00:22:31.148
work harder to be
00:22:31.229 --> 00:22:32.148
successful in this business
00:22:32.309 --> 00:22:33.109
for the next couple of years.
00:22:34.010 --> 00:22:34.810
Oh, no, no doubt.
00:22:35.652 --> 00:22:36.632
I was in a weird spot.
00:22:36.711 --> 00:22:37.712
Your overhead goes up.
00:22:38.794 --> 00:22:40.515
It just goes up so much more now.
00:22:41.279 --> 00:22:41.579
Oh, yeah.
00:22:41.599 --> 00:22:43.020
So I was in a weird spot in
00:22:43.020 --> 00:22:44.342
2020 because I sat through
00:22:44.362 --> 00:22:45.303
a two-year non-compete.
00:22:45.823 --> 00:22:47.044
And I watched it.
00:22:47.084 --> 00:22:48.484
Obviously, 2020, the bottom fell out,
00:22:48.565 --> 00:22:49.464
and then it kind of recovered.
00:22:49.705 --> 00:22:52.247
But 21 and 22 were anybody
00:22:52.287 --> 00:22:53.188
with a fucking truck
00:22:53.228 --> 00:22:54.808
trailer and a strong back
00:22:54.828 --> 00:22:55.890
could get into this business.
00:22:56.410 --> 00:22:58.270
And then, yeah, the second half of 23,
00:22:58.270 --> 00:22:59.392
they started dissipating
00:22:59.872 --> 00:23:02.554
because then it normalized, right?
00:23:02.574 --> 00:23:03.414
There was all the free money.
00:23:04.255 --> 00:23:06.076
The housing market was booming, right?
00:23:06.156 --> 00:23:07.538
And so, yeah, I agree.
00:23:07.557 --> 00:23:09.259
The next year and a half,
00:23:09.299 --> 00:23:11.602
I think Justin Waltz talked about this.
00:23:11.642 --> 00:23:13.403
He said for the next 18 months,
00:23:13.443 --> 00:23:13.983
it's going to be tough.
00:23:14.743 --> 00:23:14.943
Right.
00:23:15.044 --> 00:23:16.805
He just said 18 to 24 months.
00:23:16.885 --> 00:23:17.425
It will be tough.
00:23:17.445 --> 00:23:17.846
And I agree.
00:23:18.006 --> 00:23:18.686
And he said this back.
00:23:18.826 --> 00:23:19.186
He said this.
00:23:19.247 --> 00:23:20.228
I guess he said this to you.
00:23:20.827 --> 00:23:22.348
He said this in Q4 last year.
00:23:22.368 --> 00:23:22.769
That's right.
00:23:22.829 --> 00:23:23.109
Read this.
00:23:23.150 --> 00:23:23.269
Right.
00:23:23.450 --> 00:23:25.030
So in my head, I kind of circled, OK,
00:23:25.111 --> 00:23:25.590
April 1, 2025.
00:23:25.590 --> 00:23:26.011
That's when.
00:23:26.051 --> 00:23:26.291
Right.
00:23:26.352 --> 00:23:28.653
That it's going to be a grind.
00:23:28.933 --> 00:23:29.814
I can tell you the last the
00:23:29.834 --> 00:23:30.855
first three months of this year,
00:23:31.154 --> 00:23:31.836
we are exceeding
00:23:31.895 --> 00:23:34.156
expectations because we did
00:23:34.217 --> 00:23:35.137
not stop marketing.
00:23:35.458 --> 00:23:37.078
We continue to deliver amazing service.
00:23:37.319 --> 00:23:38.259
We continue hiring.
00:23:38.460 --> 00:23:39.280
We did all the things that
00:23:39.300 --> 00:23:40.080
we continue to do.
00:23:40.101 --> 00:23:40.922
You know, yeah,
00:23:40.942 --> 00:23:42.063
we had a slow week here and there.
00:23:42.482 --> 00:23:43.463
And then it would pick up again.
00:23:43.523 --> 00:23:45.204
And I, I know I didn't let guys go or,
00:23:45.546 --> 00:23:46.666
you know, I made sure guys had hours.
00:23:46.707 --> 00:23:48.147
I made sure our marketing was consistent.
00:23:48.407 --> 00:23:50.170
We didn't cut down our Google budget.
00:23:50.950 --> 00:23:51.830
We've just been consistent.
00:23:51.851 --> 00:23:52.612
We're not spending more.
00:23:52.932 --> 00:23:53.913
Some people will spend more.
00:23:53.932 --> 00:23:54.772
You don't spend twice as
00:23:54.813 --> 00:23:55.653
much to get half the work.
00:23:56.153 --> 00:23:57.695
No, we just, we've been very consistent.
00:23:57.915 --> 00:23:59.116
We've been running our play,
00:23:59.277 --> 00:24:00.417
which is the best way of doing things,
00:24:00.657 --> 00:24:02.138
you know, modify the play.
00:24:02.159 --> 00:24:04.821
And, you know, we, we had our court, our,
00:24:04.961 --> 00:24:05.041
uh,
00:24:06.090 --> 00:24:07.271
Our monthly KPI meeting today,
00:24:07.311 --> 00:24:08.231
we talked about Q1,
00:24:08.551 --> 00:24:10.433
and we did some
00:24:10.693 --> 00:24:12.074
reallocations on the pro forma,
00:24:12.815 --> 00:24:13.535
and now we're going to
00:24:13.615 --> 00:24:14.415
reallocate dollars.
00:24:14.435 --> 00:24:14.915
We're going to spend the
00:24:14.935 --> 00:24:15.596
same amount of dollars.
00:24:15.756 --> 00:24:16.757
We're reallocating where we
00:24:16.797 --> 00:24:18.117
know they're going to best serve us.
00:24:20.239 --> 00:24:23.180
I think you hit the nail on the head there,
00:24:23.200 --> 00:24:23.760
and I think it's smart.
00:24:23.800 --> 00:24:24.520
I think the other thing to
00:24:24.540 --> 00:24:25.261
think about here,
00:24:26.481 --> 00:24:27.282
two points I want to make.
00:24:28.262 --> 00:24:29.104
Our tipping fees in the
00:24:29.144 --> 00:24:30.663
Northeast continue to skyrocket.
00:24:30.924 --> 00:24:32.285
We just got another $6 per ton increase.
00:24:32.325 --> 00:24:34.165
Where are you at right now?
00:24:34.185 --> 00:24:35.247
Yeah, that's what I wanted to mention.
00:24:36.252 --> 00:24:40.134
Market rate in this area right now is 138,
00:24:40.134 --> 00:24:40.634
I think.
00:24:41.816 --> 00:24:42.915
I mean, it's huge.
00:24:43.415 --> 00:24:45.037
When I started the business, it was 92.
00:24:45.237 --> 00:24:47.137
I mean,
00:24:47.458 --> 00:24:48.598
I don't know what that math works
00:24:48.638 --> 00:24:49.919
out to be, but it hasn't been that long.
00:24:49.979 --> 00:24:50.660
They should be that high.
00:24:53.320 --> 00:24:54.320
You're in Jersey, right?
00:24:55.041 --> 00:24:55.241
Yeah.
00:24:55.942 --> 00:25:00.084
So, I mean, the capacity alone is limited.
00:25:01.124 --> 00:25:03.566
We're seeing the tip and
00:25:03.605 --> 00:25:05.086
fees skyrocket because our
00:25:05.126 --> 00:25:05.988
landfills are actually
00:25:06.008 --> 00:25:08.410
getting fuller quicker than expected.
00:25:09.090 --> 00:25:10.511
And we have three so far,
00:25:10.832 --> 00:25:12.973
three in the DFW Metroplex
00:25:12.993 --> 00:25:14.035
that have closed or are
00:25:14.154 --> 00:25:15.737
already set to close this year.
00:25:15.777 --> 00:25:17.018
So they've closed it to the public.
00:25:19.240 --> 00:25:19.880
About a month ago,
00:25:20.221 --> 00:25:21.221
I did a clean out one of my
00:25:21.320 --> 00:25:22.001
storage properties,
00:25:22.221 --> 00:25:22.982
filled up a trailer and
00:25:25.272 --> 00:25:25.772
Telling you all,
00:25:25.813 --> 00:25:26.633
y'all would understand this.
00:25:26.673 --> 00:25:27.894
This probably maybe weighed
00:25:28.614 --> 00:25:29.253
less than a ton.
00:25:29.554 --> 00:25:30.733
I mean, a ton or less.
00:25:31.934 --> 00:25:33.714
And I showed up to the scale
00:25:33.994 --> 00:25:34.715
and they're like, all right, cool.
00:25:34.756 --> 00:25:35.556
How big is your trailer?
00:25:35.576 --> 00:25:38.636
And I say, well, it's long.
00:25:38.836 --> 00:25:39.777
It's like 16 footer.
00:25:40.656 --> 00:25:41.196
Okay, cool.
00:25:41.217 --> 00:25:42.357
And I looked at the scale and I was like,
00:25:42.377 --> 00:25:42.798
oh, okay, cool.
00:25:42.817 --> 00:25:42.978
Yeah.
00:25:43.317 --> 00:25:43.877
Less than a ton.
00:25:44.478 --> 00:25:43.877
$316.
00:25:44.498 --> 00:25:47.479
And I said, let me ask you a question.
00:25:47.519 --> 00:25:48.219
Why is it that much?
00:25:48.239 --> 00:25:49.219
They go, well, that's our minimum.
00:25:50.059 --> 00:25:50.240
What?
00:25:50.339 --> 00:25:50.539
What?
00:25:51.604 --> 00:25:52.204
So then I looked,
00:25:52.285 --> 00:25:53.885
and I drove it 30 minutes
00:25:53.925 --> 00:25:55.027
from a town called Weatherford.
00:25:55.047 --> 00:25:56.188
Weatherford's booming, by the way.
00:25:56.588 --> 00:25:57.750
Weatherford had its own landfill.
00:25:57.950 --> 00:25:58.891
That's the first place I went.
00:25:59.371 --> 00:26:00.112
I showed up and said, hey,
00:26:00.132 --> 00:26:01.093
we're closed to the public.
00:26:01.593 --> 00:26:02.453
And I'm like, why is that?
00:26:02.493 --> 00:26:03.034
Well, we're full.
00:26:03.887 --> 00:26:05.188
So then I had to go to another one.
00:26:05.208 --> 00:26:06.528
They want to charge me 316.
00:26:07.068 --> 00:26:08.230
They said, look, if you don't come here,
00:26:08.250 --> 00:26:09.089
you can go to Fort Worth.
00:26:09.509 --> 00:26:11.010
Fort Worth had two landfills at the time.
00:26:11.391 --> 00:26:13.211
One is set to close in the next two years.
00:26:13.731 --> 00:26:15.711
It was a 15 year out landfill.
00:26:15.872 --> 00:26:17.573
And now it's sucked into two
00:26:17.613 --> 00:26:19.053
years because of the
00:26:19.133 --> 00:26:20.233
massive growth we've seen
00:26:20.273 --> 00:26:22.954
the past four years here in the DFW area.
00:26:23.694 --> 00:26:24.516
How that affects all these
00:26:24.817 --> 00:26:25.917
junk removal companies is, well,
00:26:26.138 --> 00:26:26.880
if you're in Weatherford
00:26:27.099 --> 00:26:27.961
and you were relying on the
00:26:27.980 --> 00:26:28.821
Weatherford landfill,
00:26:29.222 --> 00:26:30.565
your closest landfill now
00:26:31.085 --> 00:26:32.086
is 20 minutes down the road.
00:26:32.166 --> 00:26:33.749
And now it's $316 minimum.
00:26:34.210 --> 00:26:35.050
If you don't want to pay that,
00:26:35.090 --> 00:26:35.951
you got to go to Fort Worth.
00:26:36.071 --> 00:26:37.134
Now you're looking at 45
00:26:37.134 --> 00:26:39.036
minutes closest to go spend
00:26:39.076 --> 00:26:39.997
some money to throw shit away.
00:26:41.287 --> 00:26:43.186
And it's funny to see how
00:26:43.227 --> 00:26:44.508
the trash industry impacts
00:26:44.548 --> 00:26:46.127
real estate and the growth
00:26:46.188 --> 00:26:47.548
over here because people are moving.
00:26:47.567 --> 00:26:48.628
It's one thing we didn't
00:26:48.648 --> 00:26:50.808
think about back in 2020 in the business.
00:26:50.828 --> 00:26:52.189
We didn't think about, oh,
00:26:52.209 --> 00:26:53.690
when people flood the market here,
00:26:53.750 --> 00:26:54.549
then the landfills are
00:26:54.569 --> 00:26:55.430
going to close early and
00:26:55.730 --> 00:26:56.430
that's going to affect us.
00:26:56.730 --> 00:26:57.569
We didn't think about that.
00:26:57.630 --> 00:26:58.230
I mean, I didn't.
00:26:58.750 --> 00:26:59.550
I knew it was going to raise
00:26:59.570 --> 00:27:00.651
because every year they
00:27:00.671 --> 00:27:01.371
raise their prices,
00:27:01.651 --> 00:27:02.891
which is why I raise my prices.
00:27:03.551 --> 00:27:04.912
But when you look at that kind of issue,
00:27:05.551 --> 00:27:06.852
it's not just raising the prices.
00:27:06.932 --> 00:27:08.292
It's running out of space to
00:27:08.353 --> 00:27:09.633
put trash everywhere.
00:27:10.471 --> 00:27:11.352
That's an even bigger
00:27:11.412 --> 00:27:13.053
problem because now you got
00:27:13.073 --> 00:27:15.114
to go find more space to put trash.
00:27:15.314 --> 00:27:18.155
So when you look at that kind of market,
00:27:18.175 --> 00:27:19.276
you're like, hey, well,
00:27:19.435 --> 00:27:20.336
if I want to start my junk
00:27:20.356 --> 00:27:21.017
removal business,
00:27:21.657 --> 00:27:22.317
you're going to start with
00:27:22.357 --> 00:27:24.919
a very high overhead.
00:27:25.559 --> 00:27:26.319
And I'm not talking about
00:27:26.359 --> 00:27:27.359
your yard or your office.
00:27:27.500 --> 00:27:28.941
I'm talking about just one job.
00:27:29.101 --> 00:27:30.162
How much is one job going to
00:27:30.201 --> 00:27:32.462
cost you today that it
00:27:32.482 --> 00:27:34.144
would have cost you four years ago?
00:27:34.163 --> 00:27:35.964
And it's, I would say,
00:27:36.045 --> 00:27:38.306
double at this point, if not way more.
00:27:38.884 --> 00:27:40.786
Yeah, there's just – In this area.
00:27:40.826 --> 00:27:42.708
To me, I think it's the same.
00:27:43.468 --> 00:27:44.709
It's nationwide,
00:27:44.729 --> 00:27:46.210
and I think it just – what
00:27:46.250 --> 00:27:47.931
you're describing just begs
00:27:47.951 --> 00:27:49.011
to me the idea of innovation.
00:27:49.813 --> 00:27:50.673
We're all going to end up
00:27:50.692 --> 00:27:51.673
following a model closer to
00:27:51.773 --> 00:27:53.234
Andy's where you're trying
00:27:53.255 --> 00:27:53.855
to recycle more.
00:27:53.875 --> 00:27:54.435
You're going to have to.
00:27:55.115 --> 00:27:56.196
I also think one of the cool
00:27:56.237 --> 00:27:57.518
things – Andy and I have
00:27:57.538 --> 00:27:58.659
spoken about the junk
00:27:58.679 --> 00:27:59.980
removal trade group a couple times,
00:28:00.019 --> 00:28:00.740
but I would love to really
00:28:00.759 --> 00:28:02.221
get that going –
00:28:02.221 --> 00:28:03.602
Here in Jersey, as a private citizen,
00:28:03.622 --> 00:28:05.502
you're only allowed to drop
00:28:05.502 --> 00:28:06.523
6,000 pounds annually.
00:28:07.545 --> 00:28:10.226
The same thing, you have a minimum.
00:28:10.266 --> 00:28:11.727
You can't come in here and
00:28:11.747 --> 00:28:14.328
haul other people's waste
00:28:14.348 --> 00:28:16.390
without a pretty specific, expensive,
00:28:16.630 --> 00:28:19.491
and time-consuming license.
00:28:19.531 --> 00:28:21.192
Guys complain about it, but dude,
00:28:21.432 --> 00:28:22.093
if you take the time to
00:28:22.113 --> 00:28:22.933
fill the paperwork and do
00:28:22.953 --> 00:28:24.115
that the right way,
00:28:24.154 --> 00:28:25.855
those are huge advantages.
00:28:25.915 --> 00:28:26.675
Most of my customers,
00:28:26.855 --> 00:28:27.477
they couldn't empty out
00:28:27.497 --> 00:28:28.217
their house if they wanted to.
00:28:28.237 --> 00:28:29.117
They're not allowed to drive it there.
00:28:29.824 --> 00:28:31.525
They get 6,000 pounds and they're out.
00:28:31.785 --> 00:28:32.566
You can rent the dumpster.
00:28:32.586 --> 00:28:33.727
You can hire the junk removal company.
00:28:33.747 --> 00:28:34.426
Do you want to do your own
00:28:34.446 --> 00:28:35.048
labor or do you not?
00:28:36.388 --> 00:28:36.888
I tell you what,
00:28:37.450 --> 00:28:39.411
I also think that's why our
00:28:39.451 --> 00:28:40.231
landfills are still
00:28:40.332 --> 00:28:41.692
operating relatively efficiently.
00:28:41.712 --> 00:28:42.292
We don't have the kind of
00:28:42.333 --> 00:28:43.374
growth that you have in Fort Worth.
00:28:43.554 --> 00:28:44.694
I was down in Orlando this week.
00:28:44.734 --> 00:28:45.556
That place is blowing up.
00:28:46.215 --> 00:28:49.038
When you control that market
00:28:49.117 --> 00:28:51.039
and force people to think about it,
00:28:52.181 --> 00:28:54.061
it slows down the process a little bit,
00:28:54.082 --> 00:28:54.682
which I think is good.
00:28:54.702 --> 00:28:56.144
It allows you to forecast
00:28:56.263 --> 00:28:57.104
and grow a scale.
00:28:57.545 --> 00:28:59.105
The other thing it does here is
00:29:00.167 --> 00:29:01.848
I mean, it does it everywhere,
00:29:01.888 --> 00:29:02.749
but it does it here even
00:29:02.769 --> 00:29:04.309
more so because the garbage
00:29:04.329 --> 00:29:04.851
doesn't go anywhere.
00:29:05.171 --> 00:29:06.111
It's pent up demand.
00:29:06.811 --> 00:29:07.571
Whether you want to hang on
00:29:07.612 --> 00:29:08.952
to it this year and wait till next year,
00:29:08.972 --> 00:29:10.113
you want to wait two years from now,
00:29:10.874 --> 00:29:11.653
the garbage is there.
00:29:13.015 --> 00:29:14.375
But I think to Andy's point,
00:29:15.056 --> 00:29:15.756
like what he's doing,
00:29:15.836 --> 00:29:16.836
I just bought the box truck.
00:29:16.856 --> 00:29:17.958
We launched the moving company.
00:29:18.498 --> 00:29:20.159
But a large part of the moving company is,
00:29:20.679 --> 00:29:21.358
dude,
00:29:21.578 --> 00:29:23.000
I'm so excited to get a storefront going.
00:29:23.119 --> 00:29:25.101
I don't know what the name is going to be.
00:29:25.161 --> 00:29:26.622
I'm thinking Barton's Bargains,
00:29:26.662 --> 00:29:27.643
from one customer to another.
00:29:29.224 --> 00:29:32.268
I hate the resale business.
00:29:32.307 --> 00:29:32.887
I love the name.
00:29:33.108 --> 00:29:35.191
Yeah, I hate the resale business.
00:29:35.230 --> 00:29:35.830
I love the name.
00:29:36.372 --> 00:29:37.853
Dude, I hate the resale business,
00:29:37.893 --> 00:29:39.115
but I don't see an option.
00:29:39.755 --> 00:29:40.375
I think it's the only way
00:29:40.395 --> 00:29:41.136
you can start cutting your
00:29:41.156 --> 00:29:42.458
costs down and still
00:29:42.498 --> 00:29:43.459
continue to be competitive.
00:29:43.858 --> 00:29:45.040
What about donating?
00:29:45.060 --> 00:29:46.162
Do you have plenty of facilities?
00:29:46.182 --> 00:29:46.981
So that's us.
00:29:47.002 --> 00:29:48.564
We just donate it because it
00:29:49.265 --> 00:29:50.205
costs me nothing to donate it.
00:29:51.508 --> 00:29:52.347
I donate a ton.
00:29:52.387 --> 00:29:52.907
The problem with the
00:29:52.928 --> 00:29:54.489
donation I have is they
00:29:54.528 --> 00:29:55.308
can't keep up with me.
00:29:55.868 --> 00:29:57.128
I go there and they refuse me.
00:29:57.189 --> 00:29:58.130
And if they refuse me and I
00:29:58.170 --> 00:29:58.789
got to sit on it,
00:29:58.849 --> 00:29:59.589
I either got to sit on it
00:29:59.609 --> 00:30:00.210
or I got to dump it.
00:30:00.230 --> 00:30:01.130
And I just don't have the
00:30:01.170 --> 00:30:01.931
capacity to do that.
00:30:02.290 --> 00:30:03.691
Well, good, bad, or indifferent.
00:30:03.730 --> 00:30:04.570
We're busy enough that we
00:30:04.611 --> 00:30:05.270
don't have that kind of
00:30:05.290 --> 00:30:06.031
space on the trucks.
00:30:06.132 --> 00:30:06.311
Yeah.
00:30:06.932 --> 00:30:09.231
How big, how do you have, do you have a,
00:30:09.592 --> 00:30:10.393
do you have a warehouse or
00:30:10.413 --> 00:30:11.853
a facility to hold material?
00:30:12.590 --> 00:30:13.010
Yeah,
00:30:13.030 --> 00:30:14.372
I don't think I have anything near as
00:30:14.412 --> 00:30:15.311
expansive as yours.
00:30:15.732 --> 00:30:16.492
I would tell you I'm at
00:30:16.532 --> 00:30:17.834
probably 8,000 square feet.
00:30:19.134 --> 00:30:19.854
That's substantial.
00:30:20.134 --> 00:30:21.295
Yeah, it's not terrible.
00:30:21.335 --> 00:30:22.115
A lot of guys have 2,000, 3,000.
00:30:22.175 --> 00:30:25.596
Yeah, no, I have 20,000 on the ground,
00:30:25.596 --> 00:30:26.877
20,000 square feet on the ground.
00:30:27.317 --> 00:30:31.440
And I use about half, maybe a hair more.
00:30:31.859 --> 00:30:33.240
But actual, I mean, my office is 2,500.
00:30:33.300 --> 00:30:34.582
So, I mean, obviously, that's a big tree.
00:30:34.602 --> 00:30:35.362
So I use about 10,000 of the floor.
00:30:41.153 --> 00:30:42.255
maybe a little more, 12,000.
00:30:42.974 --> 00:30:44.115
Because there's an area, yeah,
00:30:44.135 --> 00:30:45.517
because I store empty carts and shit.
00:30:45.797 --> 00:30:47.417
Yeah, at capacity, yeah, I mean,
00:30:48.117 --> 00:30:49.439
if I filled every nook and cranny,
00:30:49.479 --> 00:30:50.599
it'd be 20,000 square feet.
00:30:51.000 --> 00:30:51.580
At capacity,
00:30:51.621 --> 00:30:52.381
I'd probably fill in about
00:30:52.381 --> 00:30:53.961
12,500 of the warehouse.
00:30:54.061 --> 00:30:54.402
And then the 7,500 is...
00:30:56.817 --> 00:30:58.439
more storage of long-term shit,
00:30:59.539 --> 00:31:00.460
like building materials and
00:31:00.480 --> 00:31:00.839
things like that,
00:31:00.859 --> 00:31:01.460
like things that we use
00:31:01.500 --> 00:31:02.320
within the building and
00:31:02.401 --> 00:31:03.361
within the business.
00:31:03.621 --> 00:31:04.781
Also, my old rage room,
00:31:04.842 --> 00:31:06.042
I got 3,000 square feet
00:31:06.063 --> 00:31:08.443
that's just basically dead cap space.
00:31:08.523 --> 00:31:09.203
It just chills there.
00:31:09.223 --> 00:31:11.065
2,500, 3,000, whatever it is.
00:31:11.565 --> 00:31:12.665
I think the rage room idea
00:31:12.705 --> 00:31:13.425
is kind of cool too,
00:31:13.465 --> 00:31:15.646
but what I've experienced
00:31:15.666 --> 00:31:16.287
here too is what the
00:31:16.307 --> 00:31:17.107
donation people want.
00:31:17.347 --> 00:31:18.748
I had some mid-century
00:31:18.788 --> 00:31:20.068
furniture the lady wanted donated.
00:31:20.088 --> 00:31:20.568
They get picky.
00:31:20.828 --> 00:31:21.609
They get picky.
00:31:21.710 --> 00:31:21.829
Yeah.
00:31:22.210 --> 00:31:23.050
And I, dude, I'm telling you,
00:31:23.070 --> 00:31:23.672
I have a good relationship
00:31:23.692 --> 00:31:24.092
with these people.
00:31:24.112 --> 00:31:25.354
I can literally call and email them,
00:31:25.374 --> 00:31:25.934
send them pictures.
00:31:26.535 --> 00:31:27.395
And she refused,
00:31:28.096 --> 00:31:29.979
I think 10 or 12 really nice pieces.
00:31:30.019 --> 00:31:31.181
She refused all but two of them.
00:31:32.082 --> 00:31:33.323
And like, dude, to me, that's opportunity,
00:31:33.343 --> 00:31:33.723
that stuff.
00:31:33.743 --> 00:31:34.884
I know I can put it in a
00:31:34.944 --> 00:31:35.965
shop and sell it for 20 bucks.
00:31:36.905 --> 00:31:37.645
Well, here we go.
00:31:37.726 --> 00:31:38.286
Actually, Taylor,
00:31:38.326 --> 00:31:38.926
this is the great thing
00:31:38.967 --> 00:31:39.666
about Taylor having a
00:31:39.707 --> 00:31:40.406
producer for the show.
00:31:41.186 --> 00:31:44.688
He shared our latest poll, our newest poll,
00:31:44.827 --> 00:31:45.848
latest and newest poll,
00:31:46.548 --> 00:31:48.128
where the question was, and relevant here,
00:31:48.608 --> 00:31:50.069
where do you operate your company from?
00:31:50.069 --> 00:31:52.029
65% of the 51 people that voted,
00:31:52.029 --> 00:31:53.990
65% of them operate out of their house.
00:31:53.990 --> 00:31:59.882
14% of a yard,
00:31:59.882 --> 00:32:02.982
13% of an office and 7% out
00:32:03.002 --> 00:32:03.502
of a warehouse.
00:32:03.542 --> 00:32:04.824
So, you know, even, you know,
00:32:05.223 --> 00:32:07.244
even in your 8,000 square foot warehouse,
00:32:07.305 --> 00:32:07.984
I still say you're in the,
00:32:08.005 --> 00:32:11.987
probably the top 2%, 3%, right?
00:32:12.146 --> 00:32:13.227
Oh yeah.
00:32:13.227 --> 00:32:14.508
90, 90, according to this,
00:32:14.567 --> 00:32:15.867
according to our data, right?
00:32:15.887 --> 00:32:16.548
90% of people die.
00:32:16.548 --> 00:32:20.230
93% of people do not operate
00:32:20.270 --> 00:32:20.771
out of warehouse.
00:32:20.971 --> 00:32:21.893
What's interesting is only
00:32:21.893 --> 00:32:25.557
1% operate out of a storage unit.
00:32:25.896 --> 00:32:27.278
The franchise we used to be part of,
00:32:27.317 --> 00:32:28.058
that was their model.
00:32:28.619 --> 00:32:29.460
Get a storage unit.
00:32:30.201 --> 00:32:32.063
Remember how stupid that was?
00:32:32.163 --> 00:32:34.766
I actually spoke to a guy.
00:32:35.507 --> 00:32:36.346
I talked to a cat who's
00:32:36.386 --> 00:32:37.949
still with that cart.
00:32:37.989 --> 00:32:39.410
Now I encourage that, by the way.
00:32:40.267 --> 00:32:40.627
What's that?
00:32:41.208 --> 00:32:41.709
Storage units?
00:32:41.729 --> 00:32:42.871
No, I encourage that model.
00:32:42.911 --> 00:32:44.393
Oh, yeah, yeah, yeah, yeah.
00:32:44.413 --> 00:32:45.714
I've got a great office, man.
00:32:45.776 --> 00:32:47.637
If you want to be the one, I'll do a plug.
00:32:47.657 --> 00:32:48.579
Casey, what's the name of your company?
00:32:48.599 --> 00:32:49.381
I don't even know the name of it.
00:32:49.461 --> 00:32:50.663
I've got two of them.
00:32:50.843 --> 00:32:52.286
I've got Beth Rhodes.
00:32:52.346 --> 00:32:53.166
It's in Texas.
00:32:53.186 --> 00:32:54.188
Beth Rhodes Self Storage and
00:32:54.229 --> 00:32:55.230
then Silver Lake Self Storage.
00:32:55.250 --> 00:32:55.730
I'll do it.
00:32:55.931 --> 00:32:56.671
Silver Lake, you said?
00:32:57.010 --> 00:32:58.531
Yeah, Silver Lake Silver Storage.
00:32:58.592 --> 00:32:59.451
I'll just do a plug.
00:32:59.511 --> 00:32:59.811
Here we go.
00:33:00.352 --> 00:33:01.172
Do you want to be in the top
00:33:01.172 --> 00:33:02.192
1% of junk and wool
00:33:02.232 --> 00:33:03.833
companies and operate out
00:33:03.853 --> 00:33:05.492
of a storage unit in the DFW area?
00:33:05.813 --> 00:33:06.374
Get my call.
00:33:06.473 --> 00:33:06.814
Get my call.
00:33:07.013 --> 00:33:08.394
Get my buddy, Casey Bubba Lillard,
00:33:08.413 --> 00:33:09.874
to call at Silver Lake Storage,
00:33:10.055 --> 00:33:11.714
where you can fail just like J-Dog.
00:33:12.075 --> 00:33:13.015
Casey, back to you.
00:33:15.056 --> 00:33:17.076
Hey, we've got 10x20s available, too.
00:33:17.256 --> 00:33:17.355
10x20s.
00:33:17.496 --> 00:33:19.156
Oh, yeah.
00:33:19.797 --> 00:33:20.416
Buy one.
00:33:20.817 --> 00:33:22.057
Get one half off for your
00:33:22.076 --> 00:33:22.657
first two months.
00:33:23.577 --> 00:33:24.018
There you go.
00:33:25.143 --> 00:33:25.623
I'm telling you.
00:33:25.843 --> 00:33:27.364
We actually did that, Barton.
00:33:28.064 --> 00:33:31.746
We did in our first year.
00:33:31.766 --> 00:33:32.586
We didn't run out of it.
00:33:34.227 --> 00:33:35.307
We put our scrap in there.
00:33:35.686 --> 00:33:36.887
Remember I shit on you so bad?
00:33:36.907 --> 00:33:38.087
You're like, no, this is great.
00:33:38.107 --> 00:33:38.989
I go, that's terrible.
00:33:39.229 --> 00:33:40.249
You were so mad at me.
00:33:40.269 --> 00:33:42.769
You're like, no, dude, this is great.
00:33:42.789 --> 00:33:43.530
This is $125 a month.
00:33:43.570 --> 00:33:44.250
I'm like, great.
00:33:44.651 --> 00:33:46.152
You're spending $125 a month
00:33:46.192 --> 00:33:47.251
to store $200 in scrap.
00:33:47.271 --> 00:33:48.532
We were in there for two months.
00:33:51.259 --> 00:33:56.362
You were so excited that I shit on you.
00:33:57.442 --> 00:33:58.343
There was no one working it.
00:33:58.383 --> 00:33:59.583
So like we honestly were
00:33:59.603 --> 00:34:00.903
doing what storage units
00:34:00.963 --> 00:34:01.923
are meant to be used for.
00:34:02.045 --> 00:34:03.045
And we were just storing it.
00:34:03.325 --> 00:34:04.746
We weren't doing anything with it.
00:34:04.806 --> 00:34:06.066
And that's when we're like, yeah,
00:34:06.086 --> 00:34:07.126
this isn't working because
00:34:07.207 --> 00:34:08.186
if we're going to keep this,
00:34:08.226 --> 00:34:09.068
we have to move it.
00:34:10.190 --> 00:34:10.431
Yeah.
00:34:11.112 --> 00:34:12.592
But that's the thing is, you know, look,
00:34:12.632 --> 00:34:13.994
your first year of business, man,
00:34:14.054 --> 00:34:15.677
it's it's tough figuring
00:34:15.757 --> 00:34:17.179
out me and you didn't know
00:34:17.219 --> 00:34:18.300
each other when we first started.
00:34:18.420 --> 00:34:19.942
I didn't know Barton.
00:34:20.021 --> 00:34:21.143
We didn't have a Facebook
00:34:21.182 --> 00:34:23.385
group that I knew about to ask questions.
00:34:23.425 --> 00:34:24.847
It was more just like, hey,
00:34:24.867 --> 00:34:25.387
does this work?
00:34:25.467 --> 00:34:26.309
Yeah, it works right now.
00:34:26.650 --> 00:34:27.409
We didn't really think about
00:34:27.530 --> 00:34:28.472
is this going to be working
00:34:28.512 --> 00:34:29.233
in six months?
00:34:30.266 --> 00:34:30.766
And that's the thing.
00:34:30.806 --> 00:34:31.507
I get it.
00:34:31.969 --> 00:34:32.309
I get it.
00:34:32.349 --> 00:34:33.050
You can't run out of your
00:34:33.070 --> 00:34:34.391
house in perpetuity.
00:34:34.431 --> 00:34:35.693
There's no argument there, right?
00:34:36.193 --> 00:34:36.875
Right, right.
00:34:36.934 --> 00:34:37.775
Storage unit's not the way
00:34:37.795 --> 00:34:38.376
to do it because you really
00:34:38.396 --> 00:34:39.518
can't work out of a storage unit.
00:34:40.059 --> 00:34:41.380
It's just dead money.
00:34:41.420 --> 00:34:42.242
Some of them are strict.
00:34:42.483 --> 00:34:43.364
Some of them are like, hey,
00:34:43.384 --> 00:34:44.025
we saw people pulling up.
00:34:44.065 --> 00:34:44.766
It's so strict.
00:34:45.106 --> 00:34:46.086
buying stuff you're out of
00:34:46.126 --> 00:34:46.927
here it's better it's
00:34:46.967 --> 00:34:47.608
better to go find a
00:34:47.628 --> 00:34:48.407
commercial property it's
00:34:48.447 --> 00:34:49.668
vacant and be like hey can
00:34:49.688 --> 00:34:51.110
I just rent space on your
00:34:51.490 --> 00:34:52.711
property the back right
00:34:52.871 --> 00:34:53.652
like at least then you can
00:34:53.692 --> 00:34:55.092
park their truck and come
00:34:55.132 --> 00:34:56.914
and go or ask them
00:34:56.934 --> 00:34:57.735
someone's you know ask a
00:34:57.755 --> 00:34:58.596
big commercial property if
00:34:58.615 --> 00:34:59.215
you can get a corner of
00:34:59.235 --> 00:35:00.496
their warehouse or I mean
00:35:00.697 --> 00:35:01.677
there's other ways of doing
00:35:01.717 --> 00:35:03.139
it because a storage unit
00:35:03.239 --> 00:35:04.880
is is that you're you're
00:35:04.900 --> 00:35:05.820
spending 200 hours a month
00:35:05.860 --> 00:35:06.641
to store stuff that ain't
00:35:06.681 --> 00:35:08.762
worth 200 bucks and you
00:35:08.802 --> 00:35:10.563
gotta drive it there unload
00:35:10.583 --> 00:35:12.806
it and then yeah it it
00:35:12.885 --> 00:35:13.867
makes no sense keep it
00:35:14.934 --> 00:35:17.398
And the other part about it is, you know,
00:35:17.418 --> 00:35:18.297
you want to talk about how
00:35:18.297 --> 00:35:21.161
61% operate other house.
00:35:21.181 --> 00:35:21.161
65.
00:35:21.201 --> 00:35:21.762
Cool thing is 65, 65%.
00:35:23.503 --> 00:35:25.025
The cool thing about that is
00:35:25.405 --> 00:35:26.445
right now it is
00:35:26.525 --> 00:35:27.266
advantageous for your
00:35:27.286 --> 00:35:27.967
business because you can
00:35:28.007 --> 00:35:28.989
write some of that off
00:35:29.009 --> 00:35:29.809
because it's your office.
00:35:31.510 --> 00:35:32.271
I went right from the house
00:35:32.291 --> 00:35:33.251
to the warehouse.
00:35:33.311 --> 00:35:33.670
I get it.
00:35:33.751 --> 00:35:35.592
I did the house thing.
00:35:35.751 --> 00:35:37.853
We went a little slower.
00:35:38.353 --> 00:35:39.494
We went from house to a
00:35:39.594 --> 00:35:42.235
shared lot where we would
00:35:42.335 --> 00:35:45.036
park our trucks in a shared lot.
00:35:45.596 --> 00:35:48.697
To be fair, I did have a lot.
00:35:48.856 --> 00:35:49.896
I had a yard I could park my
00:35:49.916 --> 00:35:51.557
trucks in when we were in the house.
00:35:51.777 --> 00:35:53.579
I had a yard and it was
00:35:54.219 --> 00:35:55.139
merely just to park trucks
00:35:55.199 --> 00:35:56.900
and have guys swap out
00:35:57.039 --> 00:35:58.601
their vehicles with our trucks sometimes.
00:35:58.621 --> 00:35:58.721
Yeah.
00:35:59.929 --> 00:36:00.688
But we didn't get to the
00:36:00.728 --> 00:36:01.650
point where we needed space
00:36:01.690 --> 00:36:04.791
to sort or separate because honestly,
00:36:04.811 --> 00:36:05.871
we weren't doing that at first.
00:36:05.911 --> 00:36:06.893
And then when we started doing it,
00:36:07.012 --> 00:36:07.713
we started small.
00:36:09.034 --> 00:36:10.134
And hell, you know this,
00:36:10.193 --> 00:36:12.014
our first actual warehouse move,
00:36:12.576 --> 00:36:13.476
we went too big.
00:36:13.755 --> 00:36:15.597
We went to a big 7,500
00:36:15.597 --> 00:36:16.737
square foot warehouse, which was...
00:36:17.498 --> 00:36:18.199
which was great.
00:36:18.599 --> 00:36:20.119
It was nice, but it was too expensive.
00:36:21.360 --> 00:36:22.461
We utilized every square
00:36:22.501 --> 00:36:23.181
inch that we could,
00:36:23.661 --> 00:36:25.224
but we couldn't profit from
00:36:25.284 --> 00:36:26.143
every square inch that we
00:36:26.184 --> 00:36:26.844
could because we were too
00:36:26.905 --> 00:36:27.585
early in the game.
00:36:29.166 --> 00:36:31.447
You're like a thousand
00:36:31.467 --> 00:36:32.889
square feet dedicated to a
00:36:32.929 --> 00:36:35.471
fucking cascading pile of cardboard.
00:36:35.590 --> 00:36:36.150
Hey, you know what, man?
00:36:36.190 --> 00:36:37.052
I bailed all that too.
00:36:37.072 --> 00:36:38.112
I got it bailed.
00:36:39.371 --> 00:36:40.331
I went there, you're like, yeah,
00:36:40.351 --> 00:36:41.512
I'm going to take care of that.
00:36:42.632 --> 00:36:43.913
It was like two bales.
00:36:44.213 --> 00:36:44.773
I'm like,
00:36:44.813 --> 00:36:47.293
why don't you just bale it right away?
00:36:47.313 --> 00:36:48.635
He's like, oh, no, no, we'll get to it.
00:36:48.675 --> 00:36:48.775
Dude,
00:36:48.795 --> 00:36:50.074
it was probably like 500 square feet.
00:36:50.175 --> 00:36:50.934
It was like a three-car
00:36:50.974 --> 00:36:52.916
garage of cardboard.
00:36:52.936 --> 00:36:54.516
You know how cardboard is, Bart.
00:36:54.536 --> 00:36:55.416
When you make a pile,
00:36:55.436 --> 00:36:56.356
it doesn't stack anymore.
00:36:56.376 --> 00:36:58.217
It just slides to the right and the left.
00:36:58.396 --> 00:36:59.496
It's like four feet high.
00:37:00.577 --> 00:37:01.297
Oh, my gosh.
00:37:02.197 --> 00:37:03.619
You guys are working.
00:37:03.679 --> 00:37:04.938
I don't store it.
00:37:04.958 --> 00:37:05.079
Yeah,
00:37:05.099 --> 00:37:06.119
Bart don't store shit like that
00:37:06.159 --> 00:37:07.539
because there's no reason to store it.
00:37:07.559 --> 00:37:08.440
At the time, there was a market.
00:37:09.914 --> 00:37:11.514
I'm still getting two cents a pound.
00:37:11.534 --> 00:37:12.175
What do you get?
00:37:12.514 --> 00:37:13.235
Two cents a pound?
00:37:14.777 --> 00:37:15.838
A penny and a half.
00:37:15.858 --> 00:37:16.398
Really?
00:37:16.757 --> 00:37:18.619
That's interesting.
00:37:18.820 --> 00:37:20.161
I think I want to say a
00:37:20.240 --> 00:37:22.922
penny and a half loose and a penny.
00:37:22.943 --> 00:37:23.322
Yeah,
00:37:23.342 --> 00:37:24.003
it's between $125 and $150 for a full
00:37:24.023 --> 00:37:24.764
box truck of cardboard
00:37:24.784 --> 00:37:25.344
magazines and books.
00:37:25.885 --> 00:37:25.985
It is...
00:37:36.547 --> 00:37:38.507
By the time I fire up my
00:37:38.547 --> 00:37:39.849
forklift and load it onto a truck,
00:37:40.048 --> 00:37:40.969
I'm already losing money.
00:37:41.510 --> 00:37:42.789
Now,
00:37:43.751 --> 00:37:46.652
if I take 20,000 pounds of cardboard
00:37:46.692 --> 00:37:49.873
and paper, right, and I'm at $100 a ton,
00:37:50.934 --> 00:37:52.594
then there's your math, right?
00:37:52.835 --> 00:37:54.456
I save $1,000 a night by not
00:37:54.516 --> 00:37:55.097
landfilling it.
00:37:55.297 --> 00:38:00.543
So I'm up $150 instead of spending $1,000.
00:38:00.543 --> 00:38:01.384
So I will say this.
00:38:01.423 --> 00:38:02.684
This is something that we
00:38:02.724 --> 00:38:04.766
looked into and we could facilitate it.
00:38:04.786 --> 00:38:05.407
So it made sense.
00:38:05.447 --> 00:38:07.449
But like computer paper, for instance,
00:38:07.750 --> 00:38:08.630
we got paid more for it.
00:38:09.452 --> 00:38:10.793
You know, books,
00:38:11.313 --> 00:38:12.795
they didn't want paperback.
00:38:12.835 --> 00:38:14.076
They wanted the hardback books.
00:38:15.257 --> 00:38:16.739
And the cardboard that we
00:38:16.778 --> 00:38:17.960
brought in was actually not
00:38:18.059 --> 00:38:18.880
the big money makers.
00:38:18.900 --> 00:38:20.161
The big money makers was the
00:38:20.181 --> 00:38:20.802
computer paper.
00:38:21.903 --> 00:38:23.545
Um, it's, it's heavier, it's denser,
00:38:23.585 --> 00:38:23.885
you know?
00:38:24.306 --> 00:38:24.626
Yeah.
00:38:24.666 --> 00:38:25.565
So they wanted more up.
00:38:26.047 --> 00:38:27.606
So we make our most money on magazines.
00:38:27.788 --> 00:38:28.387
Same thing, right?
00:38:28.507 --> 00:38:29.809
So we make, so because it's,
00:38:30.168 --> 00:38:30.849
it's the heaviest.
00:38:31.329 --> 00:38:32.809
So yeah, we, we do bailed cardboard,
00:38:33.331 --> 00:38:35.472
magazines, books, and then loose paper.
00:38:35.492 --> 00:38:36.552
Those are the four SKUs in
00:38:36.572 --> 00:38:37.112
the paper product.
00:38:37.373 --> 00:38:38.594
And our mixed paper one is
00:38:38.994 --> 00:38:39.934
the one we get the least amount.
00:38:40.679 --> 00:38:41.280
Like you,
00:38:41.641 --> 00:38:42.681
you can fill up a magazine
00:38:42.701 --> 00:38:44.021
Gaylord in one fucking house.
00:38:44.262 --> 00:38:44.963
That's, you know,
00:38:44.983 --> 00:38:45.784
you get the right person
00:38:45.804 --> 00:38:46.744
with the fucking national,
00:38:47.824 --> 00:38:49.385
the national geographics, the, the,
00:38:49.545 --> 00:38:50.567
the playboy collection.
00:38:50.586 --> 00:38:51.367
They thought there's like
00:38:51.407 --> 00:38:52.527
two playboys that are worth it.
00:38:52.668 --> 00:38:53.929
And it's like the Maryland Monroe,
00:38:53.949 --> 00:38:54.909
maybe one other.
00:38:54.949 --> 00:38:55.210
That's it.
00:38:55.250 --> 00:38:56.150
I mean, there's,
00:38:56.210 --> 00:38:57.130
we had a crate full of
00:38:57.150 --> 00:38:58.331
playboy magazines that were like,
00:38:58.552 --> 00:38:59.512
this is going to be worth so much.
00:39:00.034 --> 00:39:00.934
One was like five bucks.
00:39:00.994 --> 00:39:02.996
I was like, shit, $3.
00:39:03.036 --> 00:39:03.655
When you can buy it,
00:39:03.815 --> 00:39:04.976
we only made two bucks in
00:39:04.976 --> 00:39:06.697
20 years on one magazine.
00:39:06.938 --> 00:39:08.659
So not worth it, man.
00:39:09.039 --> 00:39:09.300
Yeah.
00:39:12.952 --> 00:39:13.291
Yeah,
00:39:13.311 --> 00:39:14.753
the whole point is not to store things,
00:39:14.793 --> 00:39:14.952
right?
00:39:15.233 --> 00:39:16.693
We have a three-step methodologies,
00:39:16.713 --> 00:39:18.735
which is to sort it, store, and ship it.
00:39:18.994 --> 00:39:20.096
And my goal is to reduce the
00:39:20.115 --> 00:39:20.835
amount of time.
00:39:21.577 --> 00:39:22.697
I like sorting it on the job,
00:39:22.737 --> 00:39:23.478
storing it in my truck,
00:39:23.757 --> 00:39:24.938
and shipping it on the way back,
00:39:24.958 --> 00:39:25.219
you know?
00:39:25.518 --> 00:39:26.400
Drop it off there.
00:39:26.639 --> 00:39:26.400
100%.
00:39:26.920 --> 00:39:27.519
Drop it off.
00:39:27.800 --> 00:39:28.820
Dude, I try to store nothing.
00:39:29.976 --> 00:39:30.577
Yeah, exactly.
00:39:30.617 --> 00:39:30.898
Yeah.
00:39:31.177 --> 00:39:31.739
We, we,
00:39:31.818 --> 00:39:33.119
we store because we have the space
00:39:33.159 --> 00:39:33.960
and the processes.
00:39:34.382 --> 00:39:35.682
When I tell people to store, I mean,
00:39:35.722 --> 00:39:36.503
put it in your truck and
00:39:36.543 --> 00:39:37.784
drive it somewhere stored
00:39:37.826 --> 00:39:39.768
for the 20 minute drive in
00:39:39.807 --> 00:39:41.909
an enclosed truck or trailer, you know,
00:39:41.929 --> 00:39:43.190
or, you know, box truck.
00:39:43.231 --> 00:39:43.731
And then that's,
00:39:43.771 --> 00:39:44.853
that's the storing process
00:39:44.873 --> 00:39:45.434
I'm talking about.
00:39:46.273 --> 00:39:46.393
Yeah,
00:39:46.414 --> 00:39:47.514
the only thing we really stored
00:39:47.934 --> 00:39:49.976
towards the end were things
00:39:50.016 --> 00:39:51.257
that we got picked up from
00:39:51.396 --> 00:39:52.938
us in a volume.
00:39:53.077 --> 00:39:56.139
So tires, mattresses, rock, dirt,
00:39:56.721 --> 00:39:58.322
stuff that we had to make a
00:39:58.382 --> 00:39:59.503
certain amount before it
00:39:59.523 --> 00:40:00.242
could get picked up.
00:40:00.382 --> 00:40:02.204
And we had the room to do that too.
00:40:02.224 --> 00:40:03.724
It wasn't just like, oh yeah,
00:40:03.744 --> 00:40:04.965
this warehouse is full of dirt.
00:40:05.347 --> 00:40:06.286
No, it's like, we have a yard,
00:40:06.367 --> 00:40:06.967
it's an acre.
00:40:07.367 --> 00:40:08.929
That corner is dirt and it's
00:40:08.949 --> 00:40:09.608
about to get picked up.
00:40:10.510 --> 00:40:11.931
Tires is another thing down here.
00:40:11.971 --> 00:40:12.831
There's one company that
00:40:12.871 --> 00:40:13.891
kind of controls the market
00:40:13.911 --> 00:40:14.552
of North Texas.
00:40:15.664 --> 00:40:17.965
And the coolest thing is now
00:40:18.364 --> 00:40:20.164
you have these sub tire
00:40:20.224 --> 00:40:21.664
facilities that will pick
00:40:21.744 --> 00:40:23.726
up from you at a good price
00:40:23.846 --> 00:40:24.746
because now they're selling
00:40:24.786 --> 00:40:26.146
it to the big tire company
00:40:26.485 --> 00:40:27.847
who pretty much runs the show.
00:40:27.867 --> 00:40:30.626
The cool thing for us was, no,
00:40:30.666 --> 00:40:31.786
we don't as a consumer.
00:40:32.467 --> 00:40:33.748
If you're a vendor of theirs,
00:40:33.927 --> 00:40:34.768
then they will pay you.
00:40:36.507 --> 00:40:37.688
Instead of having to pay the
00:40:37.728 --> 00:40:38.568
big company $1.50 a tire.
00:40:39.989 --> 00:40:40.851
you could bring like 20 to
00:40:40.851 --> 00:40:43.472
30 for free to one of these smaller ones.
00:40:43.992 --> 00:40:44.554
And then they would be,
00:40:44.693 --> 00:40:45.875
they would sell it to the big company.
00:40:45.914 --> 00:40:46.175
Yeah.
00:40:46.655 --> 00:40:46.856
Yeah.
00:40:46.896 --> 00:40:47.436
But we were having
00:40:47.456 --> 00:40:50.177
collection of 150 to 300 tires at a time.
00:40:50.659 --> 00:40:51.539
So we'd had the big company
00:40:51.579 --> 00:40:52.539
pick it up from us,
00:40:53.101 --> 00:40:54.442
charge us $1.50 a tire.
00:40:54.461 --> 00:40:55.442
You know,
00:40:55.501 --> 00:40:57.164
we charged 10 to $15 a tire
00:40:57.184 --> 00:40:58.664
though from the customer.
00:40:59.846 --> 00:41:01.447
Did I tell you guys I bought
00:41:01.646 --> 00:41:02.427
another dumpster company?
00:41:03.664 --> 00:41:03.985
No.
00:41:04.144 --> 00:41:04.905
No.
00:41:05.427 --> 00:41:07.030
I think it's a good conversation to have.
00:41:07.309 --> 00:41:08.932
Talk about the acquisition
00:41:08.952 --> 00:41:10.454
of business in this economic conditions.
00:41:11.726 --> 00:41:12.927
Yeah, tell us more about that.
00:41:14.568 --> 00:41:15.987
Barton Brothers has 45
00:41:15.987 --> 00:41:17.469
containers and two dumpster
00:41:17.869 --> 00:41:19.230
container trucks organically.
00:41:20.090 --> 00:41:22.331
This gentleman, this is a friend of mine.
00:41:22.490 --> 00:41:23.951
Dude, same as we all do.
00:41:24.451 --> 00:41:25.331
Talk to your competitors.
00:41:25.371 --> 00:41:26.152
Be friendly with people you
00:41:26.172 --> 00:41:26.831
can be friendly with.
00:41:27.672 --> 00:41:28.492
Don't give the house away,
00:41:28.552 --> 00:41:29.793
but there's no harm in
00:41:29.932 --> 00:41:30.932
helping somebody out.
00:41:30.952 --> 00:41:31.753
This gentleman actually ran
00:41:31.793 --> 00:41:32.434
out of gas one time,
00:41:32.454 --> 00:41:33.393
and I stopped and got him fuel.
00:41:33.753 --> 00:41:34.394
I say gas.
00:41:34.414 --> 00:41:35.614
He ran out of diesel, but I got him fuel.
00:41:36.494 --> 00:41:37.795
And so we became friendly.
00:41:38.016 --> 00:41:38.876
He decided to retire,
00:41:38.976 --> 00:41:40.197
so he called me up and said, hey,
00:41:40.217 --> 00:41:40.737
here's my offer.
00:41:40.757 --> 00:41:41.277
Do you want to take it?
00:41:41.871 --> 00:41:42.572
And I'll tell you what, dude,
00:41:43.092 --> 00:41:44.552
huge increase in capacity.
00:41:44.592 --> 00:41:46.514
We added 45 more cans, two more trucks,
00:41:46.893 --> 00:41:48.215
and we got his business phone number,
00:41:48.235 --> 00:41:49.615
his website, all that stuff.
00:41:49.996 --> 00:41:51.936
And it's rolling.
00:41:53.277 --> 00:41:54.597
I think a year from now,
00:41:54.637 --> 00:41:55.538
it's going to be a hell of
00:41:55.597 --> 00:41:56.259
an easy add-on.
00:41:56.918 --> 00:41:57.699
And I think there's a lot of
00:41:57.719 --> 00:41:58.920
opportunity right now to buy business.
00:41:59.900 --> 00:42:01.221
I like that.
00:42:01.601 --> 00:42:02.701
The other thing is you had an asset,
00:42:02.721 --> 00:42:02.902
you know.
00:42:04.983 --> 00:42:05.884
I look at other junk removal
00:42:05.923 --> 00:42:07.184
companies and there's
00:42:07.204 --> 00:42:08.025
nothing to buy from them.
00:42:08.226 --> 00:42:11.487
Most junk removal companies.
00:42:11.568 --> 00:42:12.349
Dumpster companies,
00:42:12.849 --> 00:42:14.030
there's a lot more to sell
00:42:14.291 --> 00:42:14.791
because you have the
00:42:14.831 --> 00:42:16.472
physical dumpsters and you
00:42:16.492 --> 00:42:17.293
have relationships and
00:42:17.353 --> 00:42:19.173
commercial contracts.
00:42:20.155 --> 00:42:21.235
When I was at waste management,
00:42:21.255 --> 00:42:24.739
75-80% of the business is
00:42:24.778 --> 00:42:26.280
commercial industrial repeat business.
00:42:26.621 --> 00:42:28.501
It is a small percent that's residential.
00:42:28.722 --> 00:42:30.163
That's why in summer, they'll stop.
00:42:30.523 --> 00:42:31.364
Waste management will stop
00:42:31.403 --> 00:42:32.244
residential cans for like
00:42:32.304 --> 00:42:34.206
six to eight weeks every summer because
00:42:34.726 --> 00:42:36.188
their business picks up and
00:42:36.507 --> 00:42:37.268
the commercial cans,
00:42:37.289 --> 00:42:38.369
like they got to do like, well,
00:42:38.389 --> 00:42:40.210
we have state fair in town
00:42:40.251 --> 00:42:41.132
or we have summer fest.
00:42:41.452 --> 00:42:42.612
Those guys are flipping 40
00:42:42.612 --> 00:42:44.414
cans a day between three or four trucks.
00:42:44.875 --> 00:42:45.675
They don't give a shit about
00:42:45.835 --> 00:42:47.097
one-off residential clients.
00:42:47.117 --> 00:42:47.916
They got to make sure state
00:42:47.936 --> 00:42:49.197
fair and summer fest are taken care of,
00:42:49.778 --> 00:42:51.079
you know, a hundred percent.
00:42:51.099 --> 00:42:51.800
I'll tell you, um,
00:42:52.800 --> 00:42:53.400
I've been talking to
00:42:53.440 --> 00:42:54.101
another junk removal
00:42:54.141 --> 00:42:55.322
company that wants out and,
00:42:55.784 --> 00:42:56.425
We haven't been able to come
00:42:56.445 --> 00:42:56.985
to an agreement.
00:42:57.146 --> 00:42:58.206
Dude,
00:42:58.327 --> 00:42:59.507
I think there's some opportunity to
00:42:59.527 --> 00:43:00.628
buy some stuff very cheap.
00:43:00.688 --> 00:43:01.728
I would say you're buying
00:43:01.748 --> 00:43:03.570
out your competitors, but the question is,
00:43:03.590 --> 00:43:03.929
like you said,
00:43:03.949 --> 00:43:04.489
you haven't come to
00:43:04.510 --> 00:43:06.050
anything because what are you buying?
00:43:07.552 --> 00:43:09.452
That's what I was going to discuss.
00:43:09.713 --> 00:43:10.873
I think you've got to take
00:43:10.893 --> 00:43:11.414
each one of them with a
00:43:11.434 --> 00:43:12.554
grain of salt organically.
00:43:12.635 --> 00:43:15.416
You've got to go over the financials.
00:43:15.496 --> 00:43:16.416
My first question is,
00:43:16.838 --> 00:43:18.018
how much repeat business do you have?
00:43:18.057 --> 00:43:20.380
I don't care about the one-offs.
00:43:20.480 --> 00:43:23.641
I can tell you I bought a jungle company.
00:43:23.862 --> 00:43:25.262
I lost my ass on it.
00:43:26.226 --> 00:43:27.565
Because the handful of
00:43:27.626 --> 00:43:29.927
customers they had were loyal to him.
00:43:30.047 --> 00:43:30.847
And as soon as they found
00:43:30.867 --> 00:43:31.686
out new owners in town,
00:43:31.967 --> 00:43:33.106
they went and shopped and I
00:43:33.146 --> 00:43:34.668
was out and the new
00:43:34.728 --> 00:43:36.108
customers or potential customers,
00:43:37.027 --> 00:43:38.469
there'd always been a name, you know,
00:43:38.748 --> 00:43:39.829
that got ruined because of it.
00:43:39.849 --> 00:43:42.108
So I got my last guest, Andy,
00:43:43.009 --> 00:43:43.989
our last guest, Eason,
00:43:44.690 --> 00:43:45.630
make us make his homes.
00:43:45.690 --> 00:43:45.949
Right.
00:43:46.289 --> 00:43:46.409
Yeah.
00:43:46.449 --> 00:43:46.610
Yeah.
00:43:46.849 --> 00:43:47.889
That we had.
00:43:48.371 --> 00:43:49.751
He was my biggest customer year over year.
00:43:49.871 --> 00:43:50.050
Yeah.
00:43:50.331 --> 00:43:50.510
Yeah.
00:43:50.630 --> 00:43:52.951
Like he did a lot of business with me.
00:43:52.971 --> 00:43:53.672
Oh yeah.
00:43:53.891 --> 00:43:54.911
A month after I left.
00:43:55.643 --> 00:43:56.603
He found a new trash guy.
00:43:57.603 --> 00:43:59.005
It wasn't personal.
00:43:59.264 --> 00:44:00.045
It was strictly business.
00:44:00.246 --> 00:44:01.826
He hired me.
00:44:02.347 --> 00:44:03.527
He hired me and my company.
00:44:04.047 --> 00:44:04.608
When you left,
00:44:04.628 --> 00:44:06.429
you gave him a reason to shop around.
00:44:06.909 --> 00:44:08.309
That was it.
00:44:08.630 --> 00:44:10.590
Listen, the dumpster company,
00:44:10.610 --> 00:44:11.652
the guy is working for me.
00:44:12.231 --> 00:44:13.393
I'm still letting him talk to customers.
00:44:13.413 --> 00:44:13.992
I'm still letting him
00:44:14.032 --> 00:44:14.793
deliver boxes to them.
00:44:14.813 --> 00:44:16.653
That's the key right there.
00:44:16.775 --> 00:44:17.655
It's part of the transfer.
00:44:18.014 --> 00:44:19.115
He keeps asking me questions.
00:44:19.135 --> 00:44:20.076
I was like,
00:44:21.376 --> 00:44:22.137
If I want to change something,
00:44:22.157 --> 00:44:22.777
I'll change it.
00:44:22.818 --> 00:44:23.659
The last thing I want to do
00:44:23.679 --> 00:44:24.980
is go out and try to reinvent the wheel.
00:44:25.079 --> 00:44:26.702
You have a customer base that likes you.
00:44:27.061 --> 00:44:28.282
You have recurring revenue.
00:44:28.742 --> 00:44:30.123
I want to leave that the hell alone.
00:44:30.724 --> 00:44:34.427
We'll introduce our processes slowly.
00:44:34.688 --> 00:44:35.509
We'll get them on board with
00:44:35.568 --> 00:44:36.929
us so they're not walking away.
00:44:38.590 --> 00:44:39.891
Going back to the junk removal business,
00:44:40.793 --> 00:44:41.152
this guy,
00:44:41.172 --> 00:44:42.333
I might make a deal just by his list.
00:44:43.275 --> 00:44:44.896
And I think it's going to be worth it.
00:44:44.916 --> 00:44:46.338
I'm going to give him $3,000 for his list,
00:44:46.737 --> 00:44:48.500
and I'll pay him a small
00:44:48.539 --> 00:44:50.161
royalty if I get customers out of it.
00:44:50.340 --> 00:44:50.661
There you go.
00:44:50.681 --> 00:44:51.141
That's what I'm saying.
00:44:51.181 --> 00:44:52.862
Buy the list, buy the phone number.
00:44:53.143 --> 00:44:56.405
Beyond that... Well,
00:44:57.206 --> 00:44:58.007
I don't disagree with the
00:44:58.027 --> 00:44:59.088
situation I'm in,
00:44:59.128 --> 00:45:00.769
but I also think there's opportunity,
00:45:00.809 --> 00:45:01.030
man.
00:45:01.590 --> 00:45:02.391
But you said $3,000 to buy the list?
00:45:02.411 --> 00:45:02.550
Yeah.
00:45:02.590 --> 00:45:03.271
I made that number up.
00:45:03.311 --> 00:45:03.431
I mean...
00:45:11.476 --> 00:45:12.777
I had this asked me when we
00:45:12.797 --> 00:45:13.458
sold the company.
00:45:13.938 --> 00:45:14.579
They're like, hey,
00:45:15.119 --> 00:45:16.280
what's your book of business look like?
00:45:16.340 --> 00:45:17.081
I'm like, honestly,
00:45:17.101 --> 00:45:19.422
I had a huge repeat
00:45:19.481 --> 00:45:21.123
customer base that the numbers,
00:45:21.402 --> 00:45:22.244
they're kind of skewed.
00:45:22.643 --> 00:45:25.965
If I told you I had 14,000 and a half jobs,
00:45:26.005 --> 00:45:27.947
but I only had 7,000 customers,
00:45:27.967 --> 00:45:29.047
that doesn't seem attractive to you.
00:45:29.568 --> 00:45:30.369
But at the same time,
00:45:30.728 --> 00:45:33.550
I averaged almost two per customer.
00:45:34.210 --> 00:45:35.112
I want to know the quality
00:45:35.132 --> 00:45:36.393
of that customer list
00:45:36.713 --> 00:45:39.635
because I can do 10,000
00:45:39.635 --> 00:45:41.297
jobs with 10,000 customers.
00:45:42.036 --> 00:45:42.717
I want that.
00:45:43.257 --> 00:45:44.278
Hey, why do you have a short list?
00:45:44.358 --> 00:45:44.418
Oh,
00:45:44.438 --> 00:45:45.699
because that's all we do business with
00:45:45.739 --> 00:45:46.840
is the same people over and
00:45:46.880 --> 00:45:48.222
over again because now it's
00:45:48.262 --> 00:45:49.302
valuable because now it's
00:45:49.422 --> 00:45:50.943
almost guaranteed business value.
00:45:51.643 --> 00:45:52.364
So I almost want to see the
00:45:52.405 --> 00:45:53.146
quality of that list
00:45:53.206 --> 00:45:54.847
because people were telling
00:45:54.867 --> 00:45:56.869
me after about 15,000 names
00:45:56.929 --> 00:45:57.831
and email addresses,
00:45:58.010 --> 00:45:59.452
that's when it starts to be worth money.
00:46:00.353 --> 00:46:01.434
I don't know how true that is now.
00:46:02.135 --> 00:46:03.436
I don't think you're necessarily wrong,
00:46:03.496 --> 00:46:05.338
but to me, it's...
00:46:06.242 --> 00:46:06.422
Yeah.
00:46:06.802 --> 00:46:07.043
Again,
00:46:07.063 --> 00:46:08.503
I don't know what the actual number
00:46:08.583 --> 00:46:10.864
is worth of the list, but the,
00:46:11.005 --> 00:46:12.105
my point is I'm willing to
00:46:12.125 --> 00:46:12.806
take a little bit of a
00:46:12.846 --> 00:46:13.826
gamble on it because it's
00:46:13.905 --> 00:46:14.786
not life changing money.
00:46:15.007 --> 00:46:17.108
I can make a deal and maybe
00:46:17.148 --> 00:46:17.728
I can increase my,
00:46:18.007 --> 00:46:18.887
my business pretty easily.
00:46:18.907 --> 00:46:19.588
You know, you don't,
00:46:19.628 --> 00:46:20.528
you don't need to make too
00:46:20.568 --> 00:46:21.690
many jobs to make back $3,000.
00:46:21.690 --> 00:46:22.710
You know what I mean?
00:46:23.210 --> 00:46:24.010
No, I would, I would give a,
00:46:24.231 --> 00:46:25.231
I would give a base price.
00:46:25.251 --> 00:46:25.550
Yeah.
00:46:25.590 --> 00:46:26.711
The only way it would be
00:46:26.731 --> 00:46:28.331
attractive to me is I had
00:46:28.351 --> 00:46:29.132
this conversation end of
00:46:29.172 --> 00:46:30.992
last year with a exiting jungle company.
00:46:31.614 --> 00:46:31.994
It was,
00:46:32.094 --> 00:46:34.135
I'll give you a one time for the list.
00:46:35.242 --> 00:46:36.561
I will give you a price for
00:46:36.581 --> 00:46:37.123
the phone number,
00:46:37.802 --> 00:46:38.443
and I will give you a
00:46:38.483 --> 00:46:39.882
percentage of revenue in
00:46:39.902 --> 00:46:41.304
the next six months that
00:46:41.324 --> 00:46:42.583
comes from the list of the phone number.
00:46:42.943 --> 00:46:44.264
And then after that, we're done.
00:46:45.085 --> 00:46:48.905
Because the gamble you take
00:46:49.025 --> 00:46:49.865
is the phone number and
00:46:49.885 --> 00:46:51.186
list are worth nothing to anybody else.
00:46:52.387 --> 00:46:54.668
And if you think the list is worth great,
00:46:54.807 --> 00:46:55.168
tell them, hey,
00:46:55.208 --> 00:46:56.208
you'll tell them 10% of
00:46:56.268 --> 00:46:57.027
everything on the list and
00:46:57.027 --> 00:46:57.829
10% of everything that
00:46:57.849 --> 00:46:58.568
comes in from the phone.
00:46:59.349 --> 00:47:01.088
Because now you're at 10%
00:47:01.088 --> 00:47:02.469
customer acquisition costs.
00:47:02.690 --> 00:47:03.510
It's either you go pay the
00:47:03.550 --> 00:47:05.251
advertiser to give you that 10, you know,
00:47:05.570 --> 00:47:05.751
that,
00:47:06.050 --> 00:47:07.391
or you're going to pay for somebody
00:47:07.431 --> 00:47:08.510
that allegedly has a great list.
00:47:08.710 --> 00:47:10.092
If someone's strong on their list,
00:47:10.632 --> 00:47:11.331
they'll be like, cool,
00:47:11.632 --> 00:47:12.952
email my list constantly.
00:47:13.172 --> 00:47:14.293
Let me make a couple of
00:47:14.333 --> 00:47:16.793
social posts promoting you, you know,
00:47:16.833 --> 00:47:18.233
from a personal standpoint or whatever,
00:47:18.514 --> 00:47:20.193
because they'd be, you know,
00:47:20.293 --> 00:47:21.835
their cashflow is impacted
00:47:21.855 --> 00:47:23.375
by your ability to close on those jobs,
00:47:23.394 --> 00:47:24.675
you know,
00:47:24.835 --> 00:47:25.896
perform on those jobs and close
00:47:25.916 --> 00:47:26.275
those jobs.
00:47:26.635 --> 00:47:27.717
The thing is, beyond that,
00:47:27.817 --> 00:47:28.777
the trucks probably aren't
00:47:28.817 --> 00:47:29.777
within spec of yours.
00:47:30.057 --> 00:47:30.677
Their employees,
00:47:31.097 --> 00:47:32.199
when I bought a junk rule company,
00:47:32.239 --> 00:47:33.259
within a month,
00:47:33.378 --> 00:47:34.219
all the employees were gone
00:47:34.920 --> 00:47:36.099
because they worked for the guy,
00:47:36.119 --> 00:47:36.721
not for me.
00:47:36.920 --> 00:47:38.041
And that was fine.
00:47:39.021 --> 00:47:39.981
They had five employees,
00:47:40.021 --> 00:47:41.143
and they were all gone within a month.
00:47:41.902 --> 00:47:44.103
So you're not buying it.
00:47:44.123 --> 00:47:44.284
Yeah,
00:47:44.483 --> 00:47:45.824
I think you've got to be careful how
00:47:45.844 --> 00:47:46.443
you look about it.
00:47:46.523 --> 00:47:47.864
But I'm telling you, at the same time,
00:47:48.985 --> 00:47:50.005
going back to Fire Dogs,
00:47:50.385 --> 00:47:51.385
those guys are buying them up,
00:47:51.706 --> 00:47:53.106
and they're indoctrinating these people,
00:47:53.126 --> 00:47:55.347
and they're building a brand off of it.
00:47:55.367 --> 00:47:56.646
I think there's opportunity there.
00:47:56.806 --> 00:47:57.507
I don't think everyone's
00:47:57.527 --> 00:47:58.307
going to be an opportunity.
00:47:58.327 --> 00:47:59.847
I think you've got to be
00:47:59.867 --> 00:48:01.268
careful how you fund it.
00:48:01.307 --> 00:48:03.009
What Fire Dogs is doing is
00:48:03.268 --> 00:48:04.369
different because they're
00:48:04.409 --> 00:48:05.550
all consolidating with that
00:48:05.630 --> 00:48:06.610
bigger PE firm.
00:48:07.389 --> 00:48:08.271
And they're bringing in
00:48:08.331 --> 00:48:09.471
operational processes and
00:48:09.530 --> 00:48:10.931
efficiencies and insurance.
00:48:11.211 --> 00:48:11.351
Right.
00:48:11.411 --> 00:48:11.731
And they have,
00:48:11.911 --> 00:48:12.913
and they have capital to do
00:48:12.952 --> 00:48:14.853
all that versus, you know,
00:48:14.873 --> 00:48:15.634
a guy like you or me that
00:48:15.653 --> 00:48:17.655
wants to buy up guy without
00:48:17.715 --> 00:48:18.635
operational processes.
00:48:18.856 --> 00:48:19.155
Chancellor,
00:48:19.175 --> 00:48:20.356
if you're buying a list from somebody,
00:48:20.376 --> 00:48:21.376
that's all they have to offer.
00:48:21.818 --> 00:48:22.777
You're not getting a building.
00:48:23.038 --> 00:48:23.898
You're not getting the assets.
00:48:23.918 --> 00:48:24.978
The list is not my,
00:48:24.998 --> 00:48:26.059
the list is not my end game.
00:48:26.079 --> 00:48:26.960
The list is kind of where
00:48:26.980 --> 00:48:28.280
you end up settling, but I'm telling you,
00:48:28.320 --> 00:48:29.041
I think you buy,
00:48:29.121 --> 00:48:29.862
you take a junk removal
00:48:29.902 --> 00:48:30.922
business with a little bit
00:48:30.942 --> 00:48:31.543
of brand recognition,
00:48:31.563 --> 00:48:32.222
a little bit of list and a
00:48:32.242 --> 00:48:32.983
couple of employees,
00:48:33.403 --> 00:48:34.905
and then you add those processes to it,
00:48:34.945 --> 00:48:35.164
man.
00:48:35.244 --> 00:48:35.385
Like,
00:48:36.184 --> 00:48:37.786
If I get your list into my
00:48:37.846 --> 00:48:38.606
marketing scheme,
00:48:39.086 --> 00:48:40.047
I really think I'm going to make money.
00:48:40.327 --> 00:48:41.827
I think I'm going to turn
00:48:41.827 --> 00:48:42.929
$3,000 into at least $15,000 or $20,000.
00:48:42.929 --> 00:48:44.530
Well, Barton,
00:48:44.550 --> 00:48:46.411
you can do that with other
00:48:46.431 --> 00:48:47.331
businesses too that
00:48:47.371 --> 00:48:49.092
associate with junk removal.
00:48:49.132 --> 00:48:49.711
Oh, 100%.
00:48:50.572 --> 00:48:51.934
That's a landscape company.
00:48:52.873 --> 00:48:53.914
That's a house cleaning company.
00:48:54.275 --> 00:48:54.494
I mean, 100%.
00:48:54.755 --> 00:48:56.436
Because those are your same clients.
00:48:56.496 --> 00:48:58.996
I mean, you remember Alex Hoyer.
00:49:00.097 --> 00:49:00.277
Andy,
00:49:00.297 --> 00:49:01.438
I've talked about him a couple times.
00:49:01.778 --> 00:49:02.438
Yeah, yeah, yeah.
00:49:02.498 --> 00:49:03.400
Is that the landscape guy?
00:49:03.420 --> 00:49:03.500
Yeah.
00:49:04.295 --> 00:49:04.494
Yeah,
00:49:04.514 --> 00:49:06.496
he's a landscaper and I brought him
00:49:06.536 --> 00:49:07.476
over into my yard and
00:49:07.516 --> 00:49:08.155
that's where he kind of
00:49:08.175 --> 00:49:08.976
started in my area.
00:49:09.797 --> 00:49:11.237
And I called him a couple of
00:49:11.257 --> 00:49:13.036
weeks ago and he was like, yeah, man,
00:49:13.056 --> 00:49:15.177
I actually just bought Mr. Lawn,
00:49:15.197 --> 00:49:16.577
which is local to him.
00:49:16.597 --> 00:49:18.059
And they had a cool setup.
00:49:18.079 --> 00:49:19.798
They had about 15, I think 10 trucks.
00:49:19.818 --> 00:49:21.000
And I was like, really?
00:49:21.019 --> 00:49:21.599
He goes, yeah, man.
00:49:21.619 --> 00:49:23.079
He's like, he's tired.
00:49:23.099 --> 00:49:23.840
He's ready to roll.
00:49:24.019 --> 00:49:24.920
And I was tired of going
00:49:24.940 --> 00:49:25.521
from here to here.
00:49:25.541 --> 00:49:27.260
I was like, why don't I just buy him?
00:49:27.740 --> 00:49:29.461
Because now I have all his clients,
00:49:29.481 --> 00:49:31.121
all his equipment, his setup.
00:49:31.262 --> 00:49:31.983
And it's right there.
00:49:32.023 --> 00:49:32.943
It made sense for him.
00:49:33.911 --> 00:49:35.253
And the cool thing about
00:49:35.293 --> 00:49:37.233
that is nothing changes
00:49:37.313 --> 00:49:37.753
really with the
00:49:37.813 --> 00:49:38.974
partnerships that that yard
00:49:39.335 --> 00:49:40.775
guy made and he made.
00:49:41.175 --> 00:49:42.275
Now he can just combine them.
00:49:42.315 --> 00:49:43.677
I don't think clients are like, oh, well,
00:49:43.697 --> 00:49:44.617
I don't know you anymore.
00:49:45.137 --> 00:49:46.057
So I'm not going to use you.
00:49:46.338 --> 00:49:47.298
I think it's more like, oh,
00:49:47.579 --> 00:49:49.019
good for him for retiring.
00:49:49.599 --> 00:49:50.721
I want to keep this going.
00:49:50.740 --> 00:49:52.481
You may have a couple drop off,
00:49:53.041 --> 00:49:55.583
but the marketing thing you mentioned,
00:49:55.603 --> 00:49:55.902
Barton,
00:49:56.103 --> 00:49:58.224
is you could do that with the
00:49:58.244 --> 00:49:59.364
landscape company that wants to sell.
00:49:59.505 --> 00:50:00.585
Hey, I'll buy your client list.
00:50:01.311 --> 00:50:02.311
Because to me,
00:50:02.952 --> 00:50:04.733
that client is also my client,
00:50:05.034 --> 00:50:05.653
not just for landscape.
00:50:05.733 --> 00:50:06.954
I think you're 100% right.
00:50:07.094 --> 00:50:08.215
I just want to be clear.
00:50:08.255 --> 00:50:09.516
My goal is not to buy the list.
00:50:09.936 --> 00:50:12.418
I'm interested in real businesses.
00:50:13.358 --> 00:50:13.980
I agree with you, though.
00:50:14.159 --> 00:50:14.579
Absolutely.
00:50:14.599 --> 00:50:15.280
I think it's important to
00:50:15.300 --> 00:50:16.001
also realize who your
00:50:16.021 --> 00:50:17.161
customer is and who your customer isn't.
00:50:17.983 --> 00:50:21.764
I want to know,
00:50:21.985 --> 00:50:22.686
what was he arranging with
00:50:22.706 --> 00:50:23.365
the dumpster company?
00:50:23.385 --> 00:50:24.306
The guy's still working.
00:50:24.666 --> 00:50:25.628
Was he an owner-operator?
00:50:25.648 --> 00:50:25.728
Yeah.
00:50:26.615 --> 00:50:26.815
Yeah.
00:50:26.916 --> 00:50:27.556
Owner operator.
00:50:27.577 --> 00:50:29.197
He had one, he had one employee, um,
00:50:29.538 --> 00:50:30.278
working off book.
00:50:31.099 --> 00:50:33.041
And, uh, I met the guy and I said, listen,
00:50:33.061 --> 00:50:33.961
this is how I run my business.
00:50:33.981 --> 00:50:35.081
Like I don't do anything off book.
00:50:35.222 --> 00:50:35.663
I don't, you know,
00:50:35.802 --> 00:50:36.884
everything I do is above board.
00:50:36.903 --> 00:50:38.925
Uh, we reviewed the financials.
00:50:38.945 --> 00:50:39.985
We went over it and dude,
00:50:40.005 --> 00:50:41.126
basically the guy was just tired.
00:50:41.226 --> 00:50:41.766
Like he actually,
00:50:41.806 --> 00:50:42.907
he told me he wanted to retire.
00:50:43.108 --> 00:50:43.889
And as we went through the
00:50:43.909 --> 00:50:45.809
process talking to me, he kind of,
00:50:45.829 --> 00:50:46.451
he goes, dude, he goes,
00:50:46.471 --> 00:50:47.331
you're really motivating me.
00:50:48.052 --> 00:50:49.514
And I was like, well, I said, I said,
00:50:49.534 --> 00:50:50.175
I appreciate that.
00:50:50.195 --> 00:50:50.416
I said,
00:50:50.436 --> 00:50:51.436
but I get the impression you don't
00:50:51.456 --> 00:50:52.418
really want to retire anyhow.
00:50:52.438 --> 00:50:53.501
I said, so why don't you come on board?
00:50:53.721 --> 00:50:53.960
I said,
00:50:54.601 --> 00:50:55.664
you can work kind of as much or as
00:50:55.704 --> 00:50:56.385
little as you want to.
00:50:56.405 --> 00:50:56.565
You know,
00:50:56.585 --> 00:50:57.606
I'd love to have your experience
00:50:57.646 --> 00:50:58.407
and make sure the customers
00:50:58.467 --> 00:50:59.750
are being satisfied and
00:50:59.809 --> 00:51:00.992
happy the way you used to do it.
00:51:02.074 --> 00:51:03.855
Um, and dude, so far it's been great.
00:51:04.094 --> 00:51:04.514
You know, it's a,
00:51:04.715 --> 00:51:06.775
it's a real opportunity and, and he, dude,
00:51:06.856 --> 00:51:07.836
he just wants to get rid of the stress.
00:51:08.177 --> 00:51:09.378
He loves coming in and driving the truck.
00:51:10.918 --> 00:51:12.619
He cashed out from buying
00:51:12.639 --> 00:51:13.760
himself a job and he sold
00:51:13.800 --> 00:51:15.079
himself to still have a job
00:51:15.400 --> 00:51:15.840
so he can run.
00:51:15.960 --> 00:51:17.021
So he was owner operator and
00:51:17.081 --> 00:51:17.782
answering the phones,
00:51:17.822 --> 00:51:19.422
doing all the things in reality.
00:51:19.681 --> 00:51:20.922
He doesn't want to run a dumpster company.
00:51:20.963 --> 00:51:22.264
He wants to run dumpsters to customers.
00:51:23.463 --> 00:51:24.085
Yeah,
00:51:24.105 --> 00:51:25.425
I think at one time maybe he wanted
00:51:25.445 --> 00:51:26.304
to run a dumpster company,
00:51:26.364 --> 00:51:28.867
but he's of an age where he
00:51:28.907 --> 00:51:29.626
wants to be able to wind it
00:51:29.646 --> 00:51:30.166
down a little bit.
00:51:30.246 --> 00:51:31.947
He recently sold a house and
00:51:31.987 --> 00:51:32.927
made good profit on it.
00:51:33.949 --> 00:51:34.909
And listen, I'm paying him.
00:51:36.010 --> 00:51:37.210
I made a pretty good deal.
00:51:37.230 --> 00:51:37.889
I don't want to go into a
00:51:38.130 --> 00:51:38.971
tremendous amount of detail,
00:51:39.010 --> 00:51:41.532
but it cost me almost
00:51:41.592 --> 00:51:42.472
nothing out of my pocket,
00:51:42.831 --> 00:51:44.333
and I pay the man on a basis,
00:51:44.373 --> 00:51:45.152
and I'm giving him a job.
00:51:45.233 --> 00:51:47.594
So we have every reason in
00:51:47.614 --> 00:51:48.494
the world to trust each other.
00:51:48.534 --> 00:51:48.934
I need him.
00:51:48.974 --> 00:51:49.474
He needs me.
00:51:49.534 --> 00:51:50.856
And I love that setup.
00:51:51.115 --> 00:51:51.275
Yeah.
00:51:52.014 --> 00:51:52.773
Oh, correct.
00:51:53.755 --> 00:51:53.954
Yeah,
00:51:54.014 --> 00:51:55.914
why squabble and pay lawyers or
00:51:55.974 --> 00:51:57.115
anybody else when you can
00:51:57.155 --> 00:51:58.096
find a mutually agreeable
00:51:58.456 --> 00:51:59.657
situation where both people
00:51:59.717 --> 00:52:01.476
do what they want and there
00:52:01.496 --> 00:52:02.237
might be a situation where
00:52:02.257 --> 00:52:04.398
he ends up making more money, right?
00:52:04.518 --> 00:52:05.918
Or at the very least,
00:52:06.099 --> 00:52:07.500
less stress because you can
00:52:07.519 --> 00:52:09.159
appreciate your operational efficiencies.
00:52:09.619 --> 00:52:09.820
You know,
00:52:09.940 --> 00:52:11.221
he might stick around with you
00:52:11.240 --> 00:52:12.780
for 10 years because he's like, oh,
00:52:12.800 --> 00:52:13.902
this is a great spot, right?
00:52:14.722 --> 00:52:15.182
Oh yeah.
00:52:15.282 --> 00:52:15.864
And the other thing I'm
00:52:15.884 --> 00:52:16.344
getting out of him
00:52:16.364 --> 00:52:17.867
personally unattended is just, you know,
00:52:17.907 --> 00:52:19.070
he knows what it's like to be the boss.
00:52:19.210 --> 00:52:19.429
You know,
00:52:19.469 --> 00:52:21.472
he's even just managing that one guy.
00:52:21.492 --> 00:52:21.833
And I think,
00:52:21.914 --> 00:52:23.356
I think his company was bigger years back,
00:52:23.456 --> 00:52:23.556
but.
00:52:24.255 --> 00:52:24.695
Dude,
00:52:24.795 --> 00:52:25.916
he's done a great job of taking some
00:52:25.936 --> 00:52:26.657
of that load off.
00:52:26.856 --> 00:52:28.498
He tells all the other drivers for me,
00:52:28.518 --> 00:52:29.440
he goes, don't call Andy.
00:52:29.559 --> 00:52:29.900
Call me.
00:52:30.059 --> 00:52:30.820
He goes, if I can't help you,
00:52:30.840 --> 00:52:31.460
then we'll call Andy.
00:52:32.161 --> 00:52:33.023
And, dude, like, I mean,
00:52:33.043 --> 00:52:34.003
that's a big win for me.
00:52:34.023 --> 00:52:36.266
As long as the information's good.
00:52:36.706 --> 00:52:37.586
Yeah, great.
00:52:37.646 --> 00:52:39.168
As long as he has your shared vision,
00:52:39.447 --> 00:52:40.608
then you're good, right?
00:52:40.929 --> 00:52:41.690
And it sounds like he does.
00:52:41.730 --> 00:52:42.972
How old is he, you said?
00:52:43.012 --> 00:52:43.711
You said he's older?
00:52:44.313 --> 00:52:44.952
Yeah, he's 62.
00:52:46.157 --> 00:52:47.239
yeah, okay, at that age,
00:52:47.659 --> 00:52:48.820
he's been around the block enough.
00:52:49.181 --> 00:52:49.641
He's, you know,
00:52:50.322 --> 00:52:51.304
it's not like he's going to
00:52:51.324 --> 00:52:53.286
try to reinvent himself or, no,
00:52:53.346 --> 00:52:54.327
he's going to follow the lead.
00:52:54.847 --> 00:52:55.708
No, just the opposite, dude.
00:52:55.728 --> 00:52:57.329
He knows the industry inside
00:52:57.369 --> 00:52:58.391
out and upside down and backwards,
00:52:58.670 --> 00:52:59.112
you know?
00:52:59.132 --> 00:52:59.211
Yeah.
00:53:00.273 --> 00:53:01.032
He just doesn't want to run
00:53:01.072 --> 00:53:02.014
a dumpster company anymore.
00:53:02.173 --> 00:53:02.893
And so what?
00:53:03.034 --> 00:53:03.713
Good on him.
00:53:04.074 --> 00:53:05.094
And now he can drive a truck.
00:53:05.114 --> 00:53:07.635
Actually, now that's got me motivated.
00:53:07.655 --> 00:53:08.436
Maybe that's what I need to do.
00:53:08.456 --> 00:53:09.597
Because I've never wanted to
00:53:09.617 --> 00:53:10.617
do dumpsters because the
00:53:10.637 --> 00:53:13.617
learning curve of dumpsters,
00:53:14.358 --> 00:53:16.338
and it's against my
00:53:16.398 --> 00:53:17.820
environmental responsibility aspect.
00:53:19.427 --> 00:53:20.007
That's interesting.
00:53:21.510 --> 00:53:22.070
I'm telling you,
00:53:22.329 --> 00:53:23.231
I don't believe in a
00:53:23.271 --> 00:53:24.172
straight dumpster company.
00:53:24.672 --> 00:53:26.532
I don't know how those guys make money.
00:53:26.552 --> 00:53:27.634
At 100 cans,
00:53:27.673 --> 00:53:28.675
the dumpsters alone don't make
00:53:28.695 --> 00:53:29.175
me enough money.
00:53:29.956 --> 00:53:30.536
What they do,
00:53:30.637 --> 00:53:32.157
they basically act as billboards for me.
00:53:32.318 --> 00:53:33.018
They give me the opportunity
00:53:33.038 --> 00:53:34.480
to sell my full-service ops
00:53:34.699 --> 00:53:35.380
everywhere I go,
00:53:35.940 --> 00:53:36.721
and they allow me to do a
00:53:36.760 --> 00:53:37.521
lot of my own jobs.
00:53:37.782 --> 00:53:38.943
You guys know the deal.
00:53:38.983 --> 00:53:39.824
You get a big furniture,
00:53:39.884 --> 00:53:40.423
that sort of stuff,
00:53:40.483 --> 00:53:41.945
even with a nice Zuzu truck and a ramp.
00:53:42.525 --> 00:53:42.925
A lot of times,
00:53:42.965 --> 00:53:44.086
a dumpster is still more useful.
00:53:44.367 --> 00:53:45.768
Not all the time, but a lot of times.
00:53:45.788 --> 00:53:46.228
Walking it?
00:53:46.248 --> 00:53:47.088
Oh, yeah, walking it, yeah.
00:53:47.369 --> 00:53:48.349
I think you'll make money.
00:53:48.389 --> 00:53:48.851
I just think...
00:53:49.570 --> 00:53:51.652
I think you'll make just enough money.
00:53:51.692 --> 00:53:52.411
I don't think you'll make,
00:53:52.492 --> 00:53:55.012
let me retire in a good year.
00:53:55.052 --> 00:53:55.452
That's great.
00:53:55.773 --> 00:53:56.152
I, you're right.
00:53:56.172 --> 00:53:56.313
There's,
00:53:56.333 --> 00:53:57.474
there's two ways to make money
00:53:57.514 --> 00:53:58.733
with dumpsters owner operator,
00:53:58.753 --> 00:53:59.414
where you bought yourself a
00:53:59.454 --> 00:54:01.315
job or you have what we did the math.
00:54:01.335 --> 00:54:02.615
And I was like 400 plus cans.
00:54:03.096 --> 00:54:03.835
Yeah.
00:54:03.936 --> 00:54:05.056
It was 400 plus cans before
00:54:05.097 --> 00:54:05.737
it even made sense.
00:54:06.376 --> 00:54:08.478
And that's 400 cans, eight trucks.
00:54:09.597 --> 00:54:11.478
in a dispatcher before the
00:54:11.858 --> 00:54:13.139
economic scale makes sense,
00:54:13.440 --> 00:54:14.739
where you can hire a salesperson,
00:54:14.760 --> 00:54:15.320
an ops person,
00:54:15.460 --> 00:54:16.800
and you be the owner before
00:54:17.181 --> 00:54:17.900
everybody makes some money.
00:54:18.141 --> 00:54:19.461
Yeah, dude, I'll tell you,
00:54:19.501 --> 00:54:20.523
it's not there at 100 cans.
00:54:21.483 --> 00:54:24.204
It's a nice little tranche.
00:54:25.083 --> 00:54:26.105
You don't own the in-state, Bart,
00:54:26.125 --> 00:54:26.784
and that's the thing is,
00:54:26.925 --> 00:54:28.226
until you own that in-state,
00:54:28.666 --> 00:54:29.706
you'll always be dependent
00:54:29.945 --> 00:54:33.728
on your wherever you're
00:54:33.768 --> 00:54:34.467
taking that dumpster,
00:54:34.947 --> 00:54:35.628
you're dependent on that.
00:54:36.009 --> 00:54:36.389
Tomorrow,
00:54:36.409 --> 00:54:37.889
they could all bring it up to 250 minimum
00:54:39.346 --> 00:54:40.427
per yard or whatever y'all
00:54:40.447 --> 00:54:41.047
charge up there.
00:54:41.969 --> 00:54:43.469
And you, you have to comply.
00:54:43.489 --> 00:54:44.231
There's no like, well,
00:54:44.251 --> 00:54:45.452
let me think of a better place.
00:54:45.612 --> 00:54:46.753
It's like, Hey, this is it now.
00:54:46.793 --> 00:54:47.655
This is the standard.
00:54:47.735 --> 00:54:49.677
It's, this is how you get rid of shit.
00:54:49.916 --> 00:54:50.056
Well,
00:54:50.077 --> 00:54:51.579
so that's part of our new New Jersey
00:54:51.619 --> 00:54:53.099
regulation, not to go deep into it,
00:54:53.119 --> 00:54:53.561
but we are,
00:54:53.740 --> 00:54:54.981
I'm actually a public utility.
00:54:56.081 --> 00:54:57.043
So that rate's all
00:54:57.063 --> 00:54:57.702
controlled by the state.
00:54:57.722 --> 00:54:58.802
So these guys really can't
00:54:58.842 --> 00:55:00.804
raise it up to a level,
00:55:00.963 --> 00:55:02.824
probably what you're seeing in Dallas,
00:55:02.844 --> 00:55:03.224
Fort Worth.
00:55:03.766 --> 00:55:04.666
But I'll tell you,
00:55:04.726 --> 00:55:06.126
the other thing is you do
00:55:06.146 --> 00:55:06.766
have to remember who you
00:55:06.827 --> 00:55:07.306
are and what you are.
00:55:08.027 --> 00:55:09.148
I'm not a junk removal company.
00:55:09.168 --> 00:55:09.807
I'm not a dumpster.
00:55:09.847 --> 00:55:10.748
I'm a marketing company.
00:55:11.489 --> 00:55:12.789
What I do is make the phone ring.
00:55:13.130 --> 00:55:14.349
That's first and foremost.
00:55:14.789 --> 00:55:15.871
That's priority number one.
00:55:16.510 --> 00:55:17.090
And I think it's really
00:55:17.110 --> 00:55:18.012
important to keep that in mind.
00:55:18.072 --> 00:55:19.532
After that,
00:55:19.572 --> 00:55:20.672
we're a customer service company.
00:55:21.373 --> 00:55:22.574
I don't care what we're selling, but
00:55:23.570 --> 00:55:25.190
First and foremost, we market.
00:55:25.371 --> 00:55:26.331
Second is customer service.
00:55:27.311 --> 00:55:29.311
And I listened to an
00:55:29.331 --> 00:55:30.992
interview with Reed Hastings,
00:55:31.052 --> 00:55:32.112
the CEO of Netflix the
00:55:32.132 --> 00:55:32.932
other day and Tim Ferriss.
00:55:34.233 --> 00:55:35.474
I love that guy because Jeff
00:55:35.514 --> 00:55:37.193
Bezos says it's customer centric.
00:55:37.273 --> 00:55:37.974
The customer is the only
00:55:37.994 --> 00:55:38.474
thing that matters.
00:55:38.835 --> 00:55:39.195
And he goes, well,
00:55:39.215 --> 00:55:40.014
I think two things matter.
00:55:40.355 --> 00:55:43.315
He goes, customer service and revenue.
00:55:44.255 --> 00:55:46.996
I don't need, not every customer matters.
00:55:47.016 --> 00:55:48.356
He goes, paying customers matter.
00:55:48.396 --> 00:55:49.177
And I think that's huge.
00:55:49.237 --> 00:55:50.157
Yeah.
00:55:51.300 --> 00:55:52.820
Yeah, Netflix.
00:55:52.840 --> 00:55:53.402
The people that watch
00:55:53.442 --> 00:55:54.202
Netflix from other people's
00:55:54.222 --> 00:55:54.922
accounts don't matter.
00:55:55.262 --> 00:55:57.164
Their vote does not matter.
00:55:57.244 --> 00:55:58.126
And that's exactly what he
00:55:58.146 --> 00:55:58.766
was alluding to.
00:55:59.606 --> 00:56:00.166
I loved it.
00:56:00.367 --> 00:56:01.447
I thought the guy was very smart.
00:56:01.467 --> 00:56:05.050
Are you self-identifying as that person?
00:56:05.130 --> 00:56:08.853
Dude, I don't pay for Hulu, Max, Netflix,
00:56:09.315 --> 00:56:10.496
and Paramount+.
00:56:10.556 --> 00:56:12.297
So when I get logged out, I'm like, hey,
00:56:12.317 --> 00:56:13.458
mom, what's your password again?
00:56:13.478 --> 00:56:15.480
Yeah.
00:56:15.500 --> 00:56:16.420
Ain't no shame in this game.
00:56:17.141 --> 00:56:18.442
So what about innovative marketing?
00:56:18.782 --> 00:56:19.202
What do you got?
00:56:20.617 --> 00:56:21.297
That's why you're on here.
00:56:21.318 --> 00:56:22.639
You tell me what's innovative marketing.
00:56:23.500 --> 00:56:26.161
I'm looking at my Q1 report,
00:56:26.201 --> 00:56:27.842
but what I just got into
00:56:28.442 --> 00:56:29.182
was skip tracing.
00:56:29.342 --> 00:56:30.083
Creativity.
00:56:30.382 --> 00:56:31.483
I know the industry's doing it.
00:56:32.204 --> 00:56:33.244
Skip tracing.
00:56:33.684 --> 00:56:34.206
I've heard of that.
00:56:34.405 --> 00:56:35.166
You want to learn how to do
00:56:35.186 --> 00:56:35.927
that very well?
00:56:36.146 --> 00:56:36.947
Get with a wholesaler.
00:56:38.007 --> 00:56:39.407
That's where it comes from, dude.
00:56:39.427 --> 00:56:39.829
Real estate.
00:56:40.509 --> 00:56:41.949
Let's slow down.
00:56:42.309 --> 00:56:43.550
Let's define the word first.
00:56:43.831 --> 00:56:44.210
Skip tracing.
00:56:44.231 --> 00:56:45.231
What the fuck is skip tracing?
00:56:45.512 --> 00:56:46.692
We're 57 minutes into the
00:56:46.711 --> 00:56:48.293
episode and now you're fucking late.
00:56:48.532 --> 00:56:49.114
Apparently not.
00:56:51.735 --> 00:56:52.635
Finding out the who and the
00:56:52.695 --> 00:56:56.260
where and the how.
00:56:56.280 --> 00:56:57.840
This is my one hour a week
00:56:57.880 --> 00:56:58.902
that I guarantee you that
00:56:58.922 --> 00:56:59.983
I'm going to be working on my company.
00:57:01.405 --> 00:57:02.405
So, Andy Martin,
00:57:02.425 --> 00:57:03.286
what the hell is skip tracing?
00:57:04.003 --> 00:57:05.563
So I don't really know how to define it.
00:57:05.585 --> 00:57:06.184
Let me look it up here.
00:57:06.284 --> 00:57:07.485
It's a process of locating a
00:57:07.505 --> 00:57:08.706
person's whereabouts.
00:57:09.027 --> 00:57:11.009
Skip tracing tactics may be
00:57:11.048 --> 00:57:12.309
employed by a skip tracer,
00:57:12.369 --> 00:57:13.771
a contact tracer, a debt collector,
00:57:13.831 --> 00:57:15.711
processor, bail bondsman, or bail.
00:57:15.952 --> 00:57:17.833
So essentially this is what I do.
00:57:18.074 --> 00:57:19.275
I take any job I book out.
00:57:20.275 --> 00:57:21.817
First of all, for anybody listening,
00:57:21.956 --> 00:57:22.577
if you're in the jungle
00:57:22.597 --> 00:57:23.398
rule space solely and
00:57:23.418 --> 00:57:24.259
you're a one-man operation,
00:57:24.298 --> 00:57:24.920
you should be booking all
00:57:24.940 --> 00:57:26.000
your jobs within 48 hours.
00:57:26.199 --> 00:57:26.820
If you're booking anything
00:57:26.860 --> 00:57:27.561
out from 48 hours,
00:57:27.581 --> 00:57:28.302
your cancellation rate's
00:57:28.342 --> 00:57:29.543
way too high and you're
00:57:29.563 --> 00:57:30.143
already fucked up.
00:57:30.344 --> 00:57:31.664
You need to close the job immediately.
00:57:32.797 --> 00:57:34.099
But if you get those occasional jobs,
00:57:34.639 --> 00:57:36.240
estate cleanouts, evictions,
00:57:36.260 --> 00:57:36.900
that sort of stuff where
00:57:36.920 --> 00:57:37.501
people really want to
00:57:37.541 --> 00:57:38.161
schedule and you're not
00:57:38.181 --> 00:57:38.882
just going to lose the work
00:57:38.902 --> 00:57:39.864
because they're shopping somebody else.
00:57:40.643 --> 00:57:41.625
I take all those now and I
00:57:41.664 --> 00:57:42.324
send it to my virtual
00:57:42.344 --> 00:57:43.626
assistants and we skip trace them.
00:57:43.806 --> 00:57:44.806
And they basically take that
00:57:44.867 --> 00:57:45.867
address and I tell them I
00:57:45.907 --> 00:57:47.128
want the 25 neighbors.
00:57:48.250 --> 00:57:49.250
And they put in the data.
00:57:49.411 --> 00:57:50.831
They go on the tax records.
00:57:51.371 --> 00:57:53.012
They put the data in from that house.
00:57:53.273 --> 00:57:54.813
They build a little radius out.
00:57:55.802 --> 00:57:57.963
And then we text message and email them,
00:57:58.123 --> 00:57:58.282
hey,
00:57:58.322 --> 00:57:59.202
we're going to be in your area on
00:57:59.282 --> 00:58:00.744
Thursday, blah, blah, blah.
00:58:00.943 --> 00:58:01.864
We'd love to come and give
00:58:01.903 --> 00:58:02.643
you service that day.
00:58:02.965 --> 00:58:03.664
Because we're in the area,
00:58:03.684 --> 00:58:05.204
we can offer you a $25 discount.
00:58:06.746 --> 00:58:07.846
And they get blasted with
00:58:07.885 --> 00:58:09.867
email and text message.
00:58:10.266 --> 00:58:11.768
And so are real estate
00:58:12.547 --> 00:58:14.869
wholesale companies and investors.
00:58:15.713 --> 00:58:16.775
Because just because
00:58:16.795 --> 00:58:17.434
someone's living at that
00:58:17.454 --> 00:58:18.556
house doesn't mean they own the place.
00:58:18.735 --> 00:58:19.996
Well, same thing with junk removal.
00:58:20.016 --> 00:58:20.677
Just because someone's
00:58:20.717 --> 00:58:21.378
living in this house,
00:58:21.697 --> 00:58:22.739
maybe they don't make the decisions.
00:58:23.759 --> 00:58:26.260
I have never put that in
00:58:26.320 --> 00:58:28.282
perspective for junk removal.
00:58:28.342 --> 00:58:29.483
But then again, like you said,
00:58:30.242 --> 00:58:31.103
you're a marketing company.
00:58:32.625 --> 00:58:34.445
I said, you've got to capture leads.
00:58:34.465 --> 00:58:35.586
How do you work in the
00:58:35.606 --> 00:58:36.527
smallest area possible?
00:58:36.726 --> 00:58:38.369
That's my goal every day.
00:58:38.509 --> 00:58:41.429
I sent an email to my
00:58:41.451 --> 00:58:42.690
marketing guy right now
00:58:43.152 --> 00:58:43.612
with what you said.
00:58:43.632 --> 00:58:43.851
Because
00:58:45.983 --> 00:58:46.143
Yeah.
00:58:48.626 --> 00:58:49.726
Dude, I'll tell you,
00:58:49.766 --> 00:58:50.608
it's a no-brainer in the
00:58:50.648 --> 00:58:52.148
text messages especially, man.
00:58:52.248 --> 00:58:53.650
I do the emails too because what the hell.
00:58:55.050 --> 00:58:55.891
Not all skip tracing is
00:58:55.952 --> 00:58:57.112
created equal the way I found it.
00:58:57.152 --> 00:58:58.393
I got a guy who gives me
00:58:58.793 --> 00:59:00.496
their up to three phone numbers,
00:59:00.536 --> 00:59:01.257
up to three emails,
00:59:01.737 --> 00:59:06.400
and gives me their most active time.
00:59:06.780 --> 00:59:10.923
So they may be 8 to 10 a.m., 6 to 8 p.m.
00:59:11.625 --> 00:59:12.405
There's a guy in one of the
00:59:12.445 --> 00:59:13.827
jungle groups that does fucking...
00:59:27.432 --> 00:59:28.393
I hit him up on Facebook.
00:59:29.032 --> 00:59:30.833
He's a self-promoter and
00:59:30.853 --> 00:59:32.375
other people are like,
00:59:32.394 --> 00:59:33.295
this guy's great doing the
00:59:33.315 --> 00:59:34.235
text message marketing.
00:59:36.777 --> 00:59:37.097
Igor,
00:59:37.597 --> 00:59:39.097
I know John's a big fan from Happy
00:59:39.117 --> 00:59:39.597
Junk Removal.
00:59:39.617 --> 00:59:40.318
John's a good dude.
00:59:40.697 --> 00:59:41.498
If John thinks he's good,
00:59:41.518 --> 00:59:42.239
he probably is good.
00:59:43.500 --> 00:59:45.079
Some of the self-promotion, dude,
00:59:45.199 --> 00:59:45.681
I don't know.
00:59:47.250 --> 00:59:48.231
Yeah, that's him.
00:59:49.431 --> 00:59:50.592
Doctor at Junk Removal?
00:59:50.652 --> 00:59:51.052
That guy?
00:59:51.072 --> 00:59:52.855
Igor's the guy that sells the thing?
00:59:53.335 --> 00:59:54.675
Yeah, I think Igor's the guy doing it.
00:59:54.795 --> 00:59:58.018
I know John was posting
00:59:58.079 --> 00:59:59.659
about how happy he was with the service.
01:00:00.300 --> 01:00:00.740
John who?
01:00:00.780 --> 01:00:01.280
That's a nice thing.
01:00:01.300 --> 01:00:02.963
You guys fucking know people.
01:00:03.043 --> 01:00:03.623
John Aguirre?
01:00:03.884 --> 01:00:05.925
Happy Junk Removal out of Arizona?
01:00:06.204 --> 01:00:06.786
Dude, he's sharp.
01:00:07.606 --> 01:00:09.347
He's a data nerd.
01:00:11.135 --> 01:00:11.775
John McGuire.
01:00:11.815 --> 01:00:13.396
Oh, skinny dude.
01:00:14.038 --> 01:00:15.097
No, no, he ain't skinny.
01:00:15.619 --> 01:00:16.860
I mean, he's not a big guy,
01:00:16.880 --> 01:00:18.722
but I'm not classified as skinny.
01:00:19.862 --> 01:00:20.784
He's short and bald.
01:00:20.804 --> 01:00:22.585
His son, Mateo, runs another company, too.
01:00:23.945 --> 01:00:24.507
John McGuire.
01:00:24.527 --> 01:00:25.547
I don't know how that's fucking spelled.
01:00:25.588 --> 01:00:26.307
John Ugwire.
01:00:27.009 --> 01:00:27.690
John Ugwire.
01:00:27.789 --> 01:00:32.313
That's fucking... John... A-G-U-I-R-R-E,
01:00:32.373 --> 01:00:32.574
I think.
01:00:33.853 --> 01:00:34.833
Yeah, I may not skinny.
01:00:34.873 --> 01:00:35.333
All right.
01:00:35.353 --> 01:00:36.235
That was the dude I was thinking of.
01:00:36.275 --> 01:00:36.894
Yeah, you're right.
01:00:37.034 --> 01:00:37.474
All right.
01:00:37.494 --> 01:00:38.695
He just in this one picture,
01:00:38.715 --> 01:00:39.396
he's got a bald head.
01:00:39.416 --> 01:00:39.775
Yeah, yeah, yeah.
01:00:39.936 --> 01:00:40.755
That guy's legit.
01:00:40.775 --> 01:00:41.775
I mean, we're Facebook friends.
01:00:41.795 --> 01:00:42.817
We've never actually chatted.
01:00:43.577 --> 01:00:44.217
He was voted.
01:00:44.257 --> 01:00:44.996
I will give a shout out.
01:00:45.277 --> 01:00:46.617
Voted best junk company in
01:00:46.637 --> 01:00:47.998
the world by mom.
01:00:48.958 --> 01:00:50.398
Five star rating by over 100
01:00:50.398 --> 01:00:51.458
customers in Arizona.
01:00:52.219 --> 01:00:52.679
I like that.
01:00:52.798 --> 01:00:54.219
Over 10,000 jobs completing
01:00:54.300 --> 01:00:55.239
hundreds of donations.
01:00:55.840 --> 01:00:56.519
Do you think you need help
01:00:56.539 --> 01:00:57.159
to get rid of junk?
01:00:57.221 --> 01:00:57.701
We can help.
01:00:57.840 --> 01:00:58.240
I like that.
01:00:58.300 --> 01:01:00.360
Voted number one junk company by my mom.
01:01:00.721 --> 01:01:01.041
That's fun.
01:01:02.081 --> 01:01:02.422
Let's go.
01:01:03.373 --> 01:01:05.916
Dude, I'll tell you what, Andy,
01:01:05.996 --> 01:01:06.557
you would love him.
01:01:07.139 --> 01:01:08.041
You guys are brave to have him.
01:01:08.061 --> 01:01:08.561
What the fuck?
01:01:08.581 --> 01:01:09.983
Let's have him on the podcast.
01:01:10.445 --> 01:01:11.266
Oh, actually, hold on.
01:01:11.465 --> 01:01:12.487
He did send me this shit.
01:01:13.329 --> 01:01:14.351
Oh, you know, I told him, I was like,
01:01:14.471 --> 01:01:15.672
I need a COGS cheat.
01:01:16.054 --> 01:01:16.273
Did he...
01:01:18.126 --> 01:01:18.766
Oh yeah, he does.
01:01:18.827 --> 01:01:20.088
He listened to one of our episodes like,
01:01:20.128 --> 01:01:21.670
hey, there's free COGS cheats.
01:01:21.710 --> 01:01:24.072
Dude, he's gone deep on the COGS.
01:01:24.913 --> 01:01:25.673
Yeah.
01:01:26.235 --> 01:01:27.396
I don't know.
01:01:27.675 --> 01:01:29.297
If I was going to critique John,
01:01:29.318 --> 01:01:31.760
which I'm not, but I would just tell him,
01:01:32.260 --> 01:01:33.161
I think he spends more time
01:01:33.202 --> 01:01:34.903
doing data than he does doing junk.
01:01:35.905 --> 01:01:37.967
For the record, let me tell you something.
01:01:38.447 --> 01:01:39.909
As someone that also does that,
01:01:41.050 --> 01:01:43.112
uh yes like we're having a
01:01:43.132 --> 01:01:43.994
conversation about cogs
01:01:44.014 --> 01:01:46.275
today um with my financial
01:01:46.315 --> 01:01:47.255
advisor and our marketing
01:01:47.295 --> 01:01:48.277
company then my marketing
01:01:48.317 --> 01:01:49.057
company's like I don't give
01:01:49.097 --> 01:01:50.739
a shit my financial advisor
01:01:50.759 --> 01:01:51.500
he's on the call he's like
01:01:51.980 --> 01:01:52.661
yeah we should really drive
01:01:52.681 --> 01:01:53.541
that number down I was like
01:01:53.561 --> 01:01:54.882
yes thank you oh dude I
01:01:54.902 --> 01:01:57.664
fucking love who now we got
01:01:57.744 --> 01:01:58.844
abel dominguez who the fuck
01:01:58.885 --> 01:01:59.846
is abel dominguez is that
01:01:59.865 --> 01:02:01.668
the guy is that the abel
01:02:01.688 --> 01:02:02.969
dominguez is that the uh
01:02:03.228 --> 01:02:04.869
the guy I need to know this
01:02:04.909 --> 01:02:05.530
guy was this guy
01:02:08.786 --> 01:02:09.206
See, these guys,
01:02:09.246 --> 01:02:10.606
people do my Facebook research for me.
01:02:10.666 --> 01:02:11.427
Is Abel the guy?
01:02:11.447 --> 01:02:15.909
Why is Taylor taking shit out?
01:02:15.969 --> 01:02:17.070
I was trying to copy that name.
01:02:17.409 --> 01:02:17.650
Abel.
01:02:17.710 --> 01:02:18.811
Is that the guy that does,
01:02:18.871 --> 01:02:19.690
maybe that was the cat that
01:02:19.710 --> 01:02:21.751
does text messaging.
01:02:23.753 --> 01:02:24.472
Abel Dominguez.
01:02:24.492 --> 01:02:24.793
Let me see.
01:02:24.833 --> 01:02:25.813
I'm Facebook friends with him.
01:02:27.434 --> 01:02:27.614
Nope.
01:02:29.576 --> 01:02:30.195
This is what I need.
01:02:30.255 --> 01:02:32.117
Do you know what I need to do, Casey?
01:02:32.597 --> 01:02:33.918
I need my assistant to come
01:02:33.938 --> 01:02:34.577
on this call with me.
01:02:36.260 --> 01:02:38.382
And then she can actually follow through.
01:02:38.402 --> 01:02:39.262
It's Ivan.
01:02:40.202 --> 01:02:40.963
Who the fuck is Abel?
01:02:41.023 --> 01:02:41.284
Russ.
01:02:41.503 --> 01:02:42.264
Russ Barry.
01:02:42.304 --> 01:02:43.144
You're saying a bunch of things.
01:02:43.164 --> 01:02:45.405
I don't know who the fucking... Oh,
01:02:45.567 --> 01:02:46.186
this Abel guy.
01:02:46.327 --> 01:02:47.208
I saw his Facebook.
01:02:47.387 --> 01:02:50.690
He added me this weekend on Facebook.
01:02:50.969 --> 01:02:51.590
I thought it was funny
01:02:51.610 --> 01:02:52.851
because he has a MySpace page.
01:02:53.831 --> 01:02:54.652
That's in his... Yeah.
01:02:56.353 --> 01:02:57.894
Seriously,
01:02:57.914 --> 01:02:59.735
that's in his... You got to hop off?
01:03:00.277 --> 01:03:01.056
What are you doing?
01:03:01.097 --> 01:03:01.818
Is that what you said?
01:03:02.697 --> 01:03:02.978
Soon.
01:03:02.998 --> 01:03:03.259
Yeah, man.
01:03:03.298 --> 01:03:03.679
I'm hungry.
01:03:03.818 --> 01:03:04.780
I don't fuck around with food.
01:03:05.711 --> 01:03:06.052
Oh, fuck.
01:03:06.152 --> 01:03:06.391
All right.
01:03:06.992 --> 01:03:07.492
Abel Dominguez.
01:03:07.512 --> 01:03:08.632
We're just name-dropping people.
01:03:08.713 --> 01:03:09.972
Big old beard, super cool guy.
01:03:10.213 --> 01:03:11.172
That's great, Russ Berry.
01:03:11.893 --> 01:03:12.572
Is that the guy I need to
01:03:12.592 --> 01:03:14.454
talk to about text messaging?
01:03:14.474 --> 01:03:15.293
That's my only question.
01:03:15.673 --> 01:03:17.313
Igor is a text message dude, bro.
01:03:17.333 --> 01:03:18.335
What the fuck is Abel?
01:03:18.355 --> 01:03:19.315
That's the guy that John said.
01:03:19.335 --> 01:03:20.235
He said Ivan.
01:03:20.414 --> 01:03:21.735
You got Ivan, Abel, and Igor.
01:03:22.195 --> 01:03:23.056
Three different names there.
01:03:23.876 --> 01:03:25.556
He knows I'm talking about Igor.
01:03:25.876 --> 01:03:26.516
Maybe he's Russian.
01:03:28.657 --> 01:03:30.077
Yes, you will text message.
01:03:30.777 --> 01:03:31.277
Exactly.
01:03:31.297 --> 01:03:31.737
Yeah, thank you.
01:03:31.836 --> 01:03:32.318
That was well done.
01:03:32.338 --> 01:03:33.018
Send more money.
01:03:33.177 --> 01:03:34.137
Zelinsky is broke.
01:03:35.028 --> 01:03:35.789
Ivan, I believe.
01:03:35.869 --> 01:03:36.409
All right, there we go.
01:03:36.469 --> 01:03:37.391
Ivan Kozlov.
01:03:37.431 --> 01:03:38.992
That sounds like a fucking... There he is.
01:03:39.012 --> 01:03:39.213
All right,
01:03:39.253 --> 01:03:40.954
I'm going to... Where's Russ Comedy,
01:03:40.994 --> 01:03:41.134
though?
01:03:41.273 --> 01:03:42.434
I can't see this shit, bro.
01:03:43.295 --> 01:03:43.856
Facebook.
01:03:44.556 --> 01:03:45.898
Ivan, this is the cat.
01:03:46.239 --> 01:03:46.978
I've been commenting.
01:03:46.998 --> 01:03:47.519
Go to comments.
01:03:48.320 --> 01:03:48.780
Oh, yeah, you know what?
01:03:48.820 --> 01:03:49.782
I told him to hit me up
01:03:49.942 --> 01:03:51.682
on... You know what it is?
01:03:51.702 --> 01:03:52.003
Actually,
01:03:52.063 --> 01:03:53.505
I copied and pasted this in my marketing.
01:03:53.565 --> 01:03:54.565
I need to hit this guy back up.
01:03:55.085 --> 01:03:55.347
You know what?
01:03:55.367 --> 01:03:55.567
Hold on.
01:03:55.626 --> 01:03:56.708
I think he had a call with him already.
01:03:56.728 --> 01:03:57.909
I just didn't get the details from it.
01:03:58.849 --> 01:04:00.030
Now I got to do my research.
01:04:00.050 --> 01:04:00.210
I'm like,
01:04:00.251 --> 01:04:01.351
I thought we had a call with this cat.
01:04:02.041 --> 01:04:02.382
Let me see.
01:04:02.402 --> 01:04:02.742
Let me see.
01:04:02.782 --> 01:04:03.121
Let me see.
01:04:03.422 --> 01:04:05.222
Oh, you don't see the comments coming in.
01:04:05.882 --> 01:04:06.262
I did.
01:04:06.282 --> 01:04:07.083
I don't see them anymore.
01:04:07.143 --> 01:04:07.822
They're all free.
01:04:07.862 --> 01:04:10.123
I guess I answered a couple of them.
01:04:11.143 --> 01:04:14.804
Oh, I mean, I mean, hold on here.
01:04:15.364 --> 01:04:16.284
OK, hold on.
01:04:16.844 --> 01:04:17.804
Full transparency.
01:04:17.844 --> 01:04:19.706
This is 100 percent honesty here.
01:04:20.226 --> 01:04:21.585
So I just looked up.
01:04:21.706 --> 01:04:23.047
I even I was like, man, I know this cat.
01:04:23.407 --> 01:04:24.586
Last text message you sent me.
01:04:25.565 --> 01:04:27.228
January 17th, Mr. Wines.
01:04:27.728 --> 01:04:28.309
How about 8 a.m.
01:04:28.329 --> 01:04:28.610
tomorrow?
01:04:28.630 --> 01:04:29.329
Does that work for you?
01:04:29.590 --> 01:04:31.193
I never fucking get them up back.
01:04:31.572 --> 01:04:32.713
See, there we go.
01:04:33.414 --> 01:04:34.936
We're just, we're solving the world.
01:04:35.056 --> 01:04:37.260
What were we saying about text messaging?
01:04:38.842 --> 01:04:42.025
It was an email, first of all.
01:04:42.144 --> 01:04:43.144
And two minutes ago, man,
01:04:43.164 --> 01:04:44.306
I need fucking Emmy to
01:04:44.326 --> 01:04:45.146
schedule shit for me
01:04:45.286 --> 01:04:46.628
because I know who the fuck I am.
01:04:47.208 --> 01:04:48.670
I know I miss fucking emails all the time.
01:04:48.849 --> 01:04:49.829
Like this guy that had full
01:04:49.929 --> 01:04:51.010
on like seven emails back
01:04:51.050 --> 01:04:52.411
and forth between the 15th
01:04:52.452 --> 01:04:53.713
and 17th of January.
01:04:54.353 --> 01:04:54.713
You know what?
01:04:55.213 --> 01:04:56.355
He didn't fucking follow up with me,
01:04:56.855 --> 01:04:57.076
right?
01:04:57.235 --> 01:04:58.317
He's got to know that I'm a
01:04:58.376 --> 01:04:59.077
productive guy.
01:04:59.097 --> 01:05:00.097
I get shit done.
01:05:00.197 --> 01:05:01.579
I need people to fucking.
01:05:02.719 --> 01:05:04.760
Unless you say the word bet,
01:05:04.820 --> 01:05:05.461
you didn't hear it.
01:05:06.197 --> 01:05:06.378
Yeah.
01:05:06.657 --> 01:05:08.719
If I say bet, that means, okay, I'm in,
01:05:09.099 --> 01:05:09.298
right?
01:05:11.059 --> 01:05:12.159
John, I just texted him.
01:05:12.199 --> 01:05:12.518
I go, hey,
01:05:12.539 --> 01:05:13.599
we need to have you on the podcast.
01:05:13.619 --> 01:05:14.719
He goes, be fun.
01:05:15.039 --> 01:05:16.579
He's talking KPIs and revenue right now.
01:05:16.719 --> 01:05:17.340
He's literally looking at
01:05:17.360 --> 01:05:18.139
data as we speak.
01:05:18.539 --> 01:05:22.041
He needs me listening to the podcast.
01:05:22.541 --> 01:05:23.360
I built his board,
01:05:23.842 --> 01:05:24.782
and I realized I still
01:05:24.802 --> 01:05:25.981
wasn't as worried about it as he is.
01:05:26.021 --> 01:05:27.641
But, dude, his board is unbelievable.
01:05:28.822 --> 01:05:29.862
That dude knows everything
01:05:29.882 --> 01:05:30.943
there is to know about what he's doing.
01:05:31.786 --> 01:05:32.768
I have KPI envy.
01:05:32.807 --> 01:05:33.148
You know what?
01:05:33.188 --> 01:05:34.009
I was in a conference room a
01:05:34.028 --> 01:05:35.909
couple weeks back, and I was like, Jesus,
01:05:35.929 --> 01:05:36.951
that's a terrible picture you brought.
01:05:36.971 --> 01:05:37.231
What is that,
01:05:37.251 --> 01:05:38.291
from a wedding from fucking 97?
01:05:38.291 --> 01:05:38.952
God bless.
01:05:39.572 --> 01:05:41.153
Dude, it's on fucking YouTube.
01:05:41.173 --> 01:05:42.375
Do people even still use YouTube?
01:05:42.434 --> 01:05:42.795
I don't know.
01:05:43.094 --> 01:05:44.655
I don't have a channel, you know?
01:05:44.755 --> 01:05:44.996
Well,
01:05:45.016 --> 01:05:46.898
your fucking channel looks like
01:05:47.318 --> 01:05:49.119
you're about 17 at a fucking wedding.
01:05:49.519 --> 01:05:51.221
You need a haircut and grow a beard.
01:05:51.240 --> 01:05:52.902
That's what you need to do.
01:05:53.262 --> 01:05:54.222
Hold on, put that thing back up.
01:05:54.282 --> 01:05:55.844
See, that's what we're looking at.
01:05:55.884 --> 01:05:56.905
I want other people to see that.
01:06:00.282 --> 01:06:01.222
That's a wedding picture.
01:06:01.824 --> 01:06:01.963
No,
01:06:02.043 --> 01:06:03.244
it was the first day I started junk
01:06:03.264 --> 01:06:03.686
removal, dude.
01:06:03.706 --> 01:06:04.606
That's how I went to the job.
01:06:04.626 --> 01:06:07.068
It's all about uniforms, bro.
01:06:07.369 --> 01:06:07.969
What the fuck?
01:06:08.829 --> 01:06:09.670
Fucking die.
01:06:10.431 --> 01:06:12.972
Fucking clown.
01:06:14.054 --> 01:06:16.016
I started doing the talent LMS stuff too.
01:06:16.036 --> 01:06:16.775
You guys doing any of that?
01:06:17.056 --> 01:06:17.757
Learning management?
01:06:18.838 --> 01:06:20.900
I'm making internal videos with training.
01:06:21.380 --> 01:06:22.862
I'm making my new guys all take tests.
01:06:23.751 --> 01:06:24.331
You're not allowed to
01:06:24.373 --> 01:06:25.552
promote your property.
01:06:25.594 --> 01:06:27.815
So I'm not thinking about truck safety,
01:06:28.315 --> 01:06:30.297
removal of hot tubs, taking down a shed.
01:06:31.038 --> 01:06:33.179
So are the tests already
01:06:33.239 --> 01:06:34.460
pre-made or do you make the tests?
01:06:34.601 --> 01:06:35.460
No, I'm making a test.
01:06:35.481 --> 01:06:37.483
Well, I mean, uh, my VAs are making a test,
01:06:37.623 --> 01:06:39.485
but I make the videos, they edit it all,
01:06:39.525 --> 01:06:39.885
put it up.
01:06:40.465 --> 01:06:41.485
They got segments, dude.
01:06:41.826 --> 01:06:42.146
I'm telling you,
01:06:42.166 --> 01:06:42.726
I think it's where you need
01:06:42.746 --> 01:06:43.327
to go in the future.
01:06:43.927 --> 01:06:44.708
But hold on, hold on.
01:06:44.728 --> 01:06:45.369
But what's the test?
01:06:45.409 --> 01:06:45.869
What's the test?
01:06:45.889 --> 01:06:46.429
How do you test?
01:06:46.469 --> 01:06:47.150
I'm used to a Google.
01:06:47.391 --> 01:06:48.532
What do you do for a test?
01:06:49.255 --> 01:06:49.554
Oh,
01:06:49.594 --> 01:06:50.815
the software allows you to go out and
01:06:50.835 --> 01:06:51.335
build the test.
01:06:51.356 --> 01:06:51.956
They have to take it.
01:06:51.996 --> 01:06:52.856
They pass the modules.
01:06:52.896 --> 01:06:53.856
So you put as many videos
01:06:53.876 --> 01:06:55.097
into one module as you want to.
01:06:55.177 --> 01:06:56.038
So, like, for example,
01:06:56.918 --> 01:06:59.079
the new guy module is hot tub, shed,
01:06:59.518 --> 01:07:01.159
truck safety, how to price.
01:07:01.179 --> 01:07:02.179
They have to go through and
01:07:02.199 --> 01:07:02.980
watch all those modules
01:07:03.021 --> 01:07:03.641
before they can get their
01:07:03.661 --> 01:07:05.181
first raise at the 90-day mark.
01:07:06.681 --> 01:07:07.282
Send me that shit.
01:07:07.422 --> 01:07:08.282
Oh, you sent me this?
01:07:08.322 --> 01:07:08.983
No, this is Russ.
01:07:09.443 --> 01:07:10.043
Send me that shit.
01:07:10.764 --> 01:07:11.043
I will.
01:07:11.364 --> 01:07:12.364
Send me that.
01:07:12.384 --> 01:07:13.023
That would be interesting.
01:07:13.545 --> 01:07:14.405
We're an hour into this thing.
01:07:17.485 --> 01:07:18.166
Casey's got to eat,
01:07:18.306 --> 01:07:19.447
and we're still coming up with new shit.
01:07:20.047 --> 01:07:20.949
Well, you know,
01:07:20.989 --> 01:07:21.929
I think maybe in the future
01:07:21.949 --> 01:07:22.829
we just do an agenda.
01:07:23.110 --> 01:07:24.152
I really did enjoy the 10
01:07:24.152 --> 01:07:25.873
minutes on cardboard, but, you know.
01:07:26.032 --> 01:07:26.472
Yeah, man.
01:07:26.492 --> 01:07:28.414
All right, Taylor,
01:07:28.695 --> 01:07:29.615
put that on the fucking list.
01:07:30.297 --> 01:07:31.137
Maybe we do show prep.
01:07:31.257 --> 01:07:33.199
You know, we've done 106 episodes.
01:07:33.239 --> 01:07:34.239
We've yet to do show prep.
01:07:34.840 --> 01:07:35.101
I mean,
01:07:35.141 --> 01:07:35.981
some people were three minutes late.
01:07:36.001 --> 01:07:36.842
I'm glad this is recording,
01:07:36.922 --> 01:07:37.802
because the fact that
01:07:37.822 --> 01:07:38.583
you're finally bringing
01:07:38.603 --> 01:07:42.525
this up at episode 106...
01:07:42.525 --> 01:07:43.266
I think we should prep.
01:07:43.606 --> 01:07:44.927
I just want you guys to know
01:07:45.106 --> 01:07:45.887
I come every day.
01:07:46.027 --> 01:07:47.528
Every time you invite me on a show,
01:07:47.588 --> 01:07:49.650
I come with a full page of Google Notes.
01:07:50.070 --> 01:07:51.371
Most of the time, I don't use them,
01:07:51.451 --> 01:07:52.231
but they're available.
01:07:52.251 --> 01:07:52.331
Okay.
01:07:52.351 --> 01:07:53.753
Well, next time when I say, hey,
01:07:53.773 --> 01:07:54.733
we want to talk about this, don't let me.
01:07:54.753 --> 01:07:55.713
We should hold our guests to
01:07:55.733 --> 01:07:56.594
a higher standard than we
01:07:56.635 --> 01:07:57.355
do our own show.
01:07:57.494 --> 01:07:58.016
Just to let you know.
01:07:58.036 --> 01:07:58.195
Yeah.
01:07:59.878 --> 01:08:00.518
You know, fuck that.
01:08:02.222 --> 01:08:02.601
Next time.
01:08:02.621 --> 01:08:02.983
Hold on.
01:08:03.023 --> 01:08:03.523
Next time.
01:08:04.304 --> 01:08:04.666
Andy Barton,
01:08:04.686 --> 01:08:05.686
what would you like to talk about today?
01:08:05.726 --> 01:08:06.228
We're going to do that.
01:08:06.347 --> 01:08:07.108
Cause I started with, Hey,
01:08:07.130 --> 01:08:07.791
let's talk about this.
01:08:07.831 --> 01:08:08.210
And then we just,
01:08:08.612 --> 01:08:09.572
we ended up on cardboard.
01:08:09.693 --> 01:08:10.594
All right.
01:08:10.715 --> 01:08:10.996
I did.
01:08:11.016 --> 01:08:12.056
I think the location thing was,
01:08:12.257 --> 01:08:12.938
was very insightful.
01:08:12.958 --> 01:08:13.559
I think it hopefully it
01:08:13.579 --> 01:08:14.161
helped a lot of people.
01:08:15.284 --> 01:08:15.525
Yeah.
01:08:15.684 --> 01:08:15.885
Yeah.
01:08:16.086 --> 01:08:16.725
I don't know how many of
01:08:16.765 --> 01:08:17.567
these guys are recycling
01:08:17.587 --> 01:08:19.529
cardboard at the level that Casey was.
01:08:19.628 --> 01:08:22.530
I want to know how you, I, and this is,
01:08:22.570 --> 01:08:23.811
this is just me,
01:08:24.051 --> 01:08:25.033
but I want to know how you
01:08:25.073 --> 01:08:26.533
can look at your different
01:08:26.573 --> 01:08:28.376
demographics and then say, all right,
01:08:28.395 --> 01:08:30.597
well, how do you push more towards one,
01:08:30.637 --> 01:08:31.337
not the other?
01:08:31.939 --> 01:08:34.280
Because that's locations for me,
01:08:34.341 --> 01:08:36.122
at least location was very huge for me,
01:08:36.141 --> 01:08:36.282
man.
01:08:36.301 --> 01:08:37.483
We dropped a territory that
01:08:37.523 --> 01:08:38.543
was technically profiting
01:08:39.185 --> 01:08:40.805
because it wasn't profiting
01:08:40.985 --> 01:08:43.748
as much as our other two, uh, locations,
01:08:43.769 --> 01:08:44.009
uh,
01:08:44.831 --> 01:08:46.273
And well, yeah, I mean, that's,
01:08:46.332 --> 01:08:47.132
that's the production
01:08:47.153 --> 01:08:48.314
possibilities frontier, right?
01:08:48.814 --> 01:08:49.015
What's,
01:08:49.055 --> 01:08:52.757
what's the law of diminishing returns?
01:08:52.797 --> 01:08:53.319
Same shit.
01:08:53.338 --> 01:08:54.859
Like, you know, I agree.
01:08:55.020 --> 01:08:55.780
At a point you drop them.
01:08:55.921 --> 01:08:57.341
It doesn't matter where your capacity is.
01:08:57.381 --> 01:08:57.622
Yeah.
01:08:57.662 --> 01:09:00.164
It's because even though you're profiting,
01:09:00.204 --> 01:09:00.984
it's like, well,
01:09:01.086 --> 01:09:01.905
the time and effort and the
01:09:01.926 --> 01:09:04.427
money I'm putting over here, making $2,
01:09:04.427 --> 01:09:05.770
could I put the same amount
01:09:06.130 --> 01:09:07.230
over here and make seven?
01:09:07.650 --> 01:09:08.731
And that's kind of what we did.
01:09:08.752 --> 01:09:08.792
Um,
01:09:10.662 --> 01:09:11.403
Because just because a
01:09:11.923 --> 01:09:12.944
company comes up for sale
01:09:13.024 --> 01:09:14.003
and it's a junk removal company,
01:09:14.043 --> 01:09:15.284
maybe they've been around forever.
01:09:15.305 --> 01:09:15.965
They're doing great.
01:09:16.485 --> 01:09:17.225
Look at the location.
01:09:17.525 --> 01:09:18.386
I don't want to be in
01:09:18.426 --> 01:09:20.087
downtown Dallas or downtown Fort Worth.
01:09:21.108 --> 01:09:22.408
The margins are super thin.
01:09:22.427 --> 01:09:23.988
The competition is super high.
01:09:24.649 --> 01:09:26.189
And I don't like driving in
01:09:26.250 --> 01:09:27.109
through all that bullshit.
01:09:27.130 --> 01:09:28.631
I don't trust my guys to do that.
01:09:29.310 --> 01:09:31.011
I'd rather be in the suburban area.
01:09:31.992 --> 01:09:32.292
Oh,
01:09:32.332 --> 01:09:34.073
I think I don't disagree with any of
01:09:34.113 --> 01:09:34.273
that.
01:09:34.974 --> 01:09:36.474
I'm also not shopping
01:09:36.493 --> 01:09:37.675
anything that's in a heavy
01:09:37.715 --> 01:09:38.454
market right now.
01:09:38.494 --> 01:09:39.355
I've been working in that
01:09:39.376 --> 01:09:40.195
Philadelphia area.
01:09:41.296 --> 01:09:42.537
And even that has its challenges.
01:09:44.137 --> 01:09:46.219
Might be some franchises up for sale soon.
01:09:46.439 --> 01:09:46.880
Just saying.
01:09:46.979 --> 01:09:47.960
Actually,
01:09:48.039 --> 01:09:49.841
based on the guy I talked to today,
01:09:50.140 --> 01:09:51.981
they're all owned by
01:09:52.042 --> 01:09:52.662
basically – there's only
01:09:52.682 --> 01:09:53.743
like two players left in
01:09:53.762 --> 01:09:54.703
the Philadelphia – three
01:09:54.724 --> 01:09:55.844
players left in the Philadelphia area.
01:09:55.884 --> 01:09:56.163
That's it.
01:09:57.225 --> 01:09:58.746
They're all the independent guys sold.
01:09:58.985 --> 01:09:59.586
From J-Dog?
01:10:00.126 --> 01:10:00.867
Yeah, all the J-Dogs.
01:10:01.386 --> 01:10:02.927
One guy owns like 80% of them,
01:10:03.068 --> 01:10:04.229
and there's two independent guys,
01:10:04.269 --> 01:10:04.748
and then that's it.
01:10:05.488 --> 01:10:07.029
Because all the diamond pops just –
01:10:08.823 --> 01:10:09.323
no money in it.
01:10:09.904 --> 01:10:11.385
I don't understand the J-Dog model.
01:10:11.425 --> 01:10:12.105
I got to tell you,
01:10:12.225 --> 01:10:13.247
I think the veteran
01:10:13.266 --> 01:10:14.448
community in the junk
01:10:14.507 --> 01:10:15.588
removal space specifically
01:10:15.649 --> 01:10:17.430
is highly underrepresented.
01:10:18.490 --> 01:10:19.851
The options out there that
01:10:19.891 --> 01:10:21.453
focus on targeting and
01:10:21.474 --> 01:10:23.234
marketing to veterans are poor.
01:10:24.985 --> 01:10:26.067
Yeah.
01:10:26.367 --> 01:10:27.568
I'm embarrassed by it, you know,
01:10:27.688 --> 01:10:28.307
and I got to tell you,
01:10:28.708 --> 01:10:29.729
I'm also not one of these guys.
01:10:29.789 --> 01:10:32.430
I think Andy's the same way and Casey too.
01:10:32.530 --> 01:10:32.752
You know,
01:10:33.652 --> 01:10:34.592
I don't think anybody owes me
01:10:34.712 --> 01:10:35.634
shit for being a veteran.
01:10:35.894 --> 01:10:36.094
You know,
01:10:36.113 --> 01:10:37.194
like I did that because I wanted
01:10:37.215 --> 01:10:37.494
to do it.
01:10:37.534 --> 01:10:38.074
Fuck you, dude.
01:10:38.095 --> 01:10:39.176
I want that free meal on
01:10:39.195 --> 01:10:40.737
Veterans Day at Golden Corral.
01:10:40.817 --> 01:10:41.337
Applebee's.
01:10:42.439 --> 01:10:43.179
But these guys want to go
01:10:43.198 --> 01:10:43.979
out and market it, dude.
01:10:44.000 --> 01:10:45.720
They put camouflage on everything, dude.
01:10:46.280 --> 01:10:46.822
I don't get it.
01:10:46.862 --> 01:10:47.021
Like.
01:10:48.112 --> 01:10:48.492
It works.
01:10:48.511 --> 01:10:49.332
I will say that.
01:10:49.453 --> 01:10:49.792
It works.
01:10:49.832 --> 01:10:51.654
The marketing aspect was genius.
01:10:51.854 --> 01:10:54.115
The problem with the entire
01:10:54.155 --> 01:10:55.096
model is they don't teach
01:10:55.117 --> 01:10:55.777
them anything on how to
01:10:55.817 --> 01:10:56.797
actually be a business owner.
01:10:57.298 --> 01:10:57.899
They just say, hey,
01:10:57.939 --> 01:10:59.000
wrap your camel truck and
01:10:59.159 --> 01:11:00.000
pay us royalties.
01:11:01.261 --> 01:11:02.322
I think a lot of them, dude,
01:11:02.502 --> 01:11:03.802
it's guys that are in the
01:11:03.823 --> 01:11:05.024
military realizing there's
01:11:05.064 --> 01:11:05.823
a lot of guys in the
01:11:05.864 --> 01:11:06.585
military that are stupid
01:11:06.604 --> 01:11:07.586
and they can take advantage of them.
01:11:07.865 --> 01:11:08.685
Then there's the other guys
01:11:08.726 --> 01:11:09.266
that want to go out and
01:11:09.287 --> 01:11:10.167
take advantage of consumers.
01:11:10.207 --> 01:11:10.627
They're like, oh,
01:11:11.427 --> 01:11:14.069
It's not even a stupidity, Bart.
01:11:14.371 --> 01:11:15.430
It goes even further than that.
01:11:15.451 --> 01:11:16.311
It's the ignorance.
01:11:16.731 --> 01:11:17.853
Dude, when I got out of the military,
01:11:17.912 --> 01:11:19.474
if you're telling me, hey, Casey,
01:11:19.795 --> 01:11:21.235
thanks for 15 years of service.
01:11:21.296 --> 01:11:23.096
Here's some money you saved up over time.
01:11:23.516 --> 01:11:24.537
You can be a business owner.
01:11:24.557 --> 01:11:25.538
You know what I'm going to say?
01:11:25.559 --> 01:11:25.859
Sweet.
01:11:25.958 --> 01:11:26.500
Sounds great.
01:11:26.960 --> 01:11:27.500
First off,
01:11:28.081 --> 01:11:29.341
I don't know shit about my own business.
01:11:29.362 --> 01:11:29.921
I don't know shit about
01:11:29.962 --> 01:11:30.703
business ownership.
01:11:31.422 --> 01:11:33.385
And I don't know shit about junk removal.
01:11:34.024 --> 01:11:35.605
So who's vetting that?
01:11:35.746 --> 01:11:36.046
Because...
01:11:37.167 --> 01:11:38.248
If you're going to go after a veteran,
01:11:38.288 --> 01:11:39.449
you have to know where
01:11:39.489 --> 01:11:40.130
they're at when they're
01:11:40.149 --> 01:11:41.070
getting out of the military.
01:11:41.572 --> 01:11:42.292
And just because they got
01:11:42.332 --> 01:11:43.412
the money and the veteran
01:11:43.432 --> 01:11:44.293
status does not mean they
01:11:44.314 --> 01:11:45.354
are a good business person.
01:11:45.875 --> 01:11:48.856
You can make them a good business person.
01:11:49.358 --> 01:11:50.878
Jay Don wants to take
01:11:50.899 --> 01:11:51.920
advantage of unassuming
01:11:51.960 --> 01:11:53.220
guys from the military with
01:11:53.240 --> 01:11:53.761
a little bit of cash.
01:11:53.801 --> 01:11:54.421
I absolutely agree.
01:11:54.761 --> 01:11:55.363
And unfortunately,
01:11:55.403 --> 01:11:56.444
I think a lot of his guys
01:11:56.484 --> 01:11:57.463
go in there not realizing
01:11:57.503 --> 01:11:57.984
they're being taken
01:11:58.005 --> 01:11:58.625
advantage of because they
01:11:58.645 --> 01:11:59.246
want to take advantage of
01:11:59.485 --> 01:12:01.287
the American consumer because, oh,
01:12:01.328 --> 01:12:01.887
I'm a veteran,
01:12:01.908 --> 01:12:03.149
so you'll hire me and pay me more.
01:12:03.168 --> 01:12:04.770
Like, dude,
01:12:04.949 --> 01:12:06.051
pay me and hire me because we
01:12:06.091 --> 01:12:06.591
do a good job.
01:12:07.179 --> 01:12:07.458
That's it.
01:12:08.039 --> 01:12:10.042
If you're American, dude, veteran or not,
01:12:10.061 --> 01:12:12.002
if you're American, I'm in love with you.
01:12:12.564 --> 01:12:13.845
All right.
01:12:14.005 --> 01:12:15.527
Andy Martin loves Americans,
01:12:16.027 --> 01:12:16.768
as we already knew.
01:12:16.807 --> 01:12:18.088
Let's get to the big finish.
01:12:18.149 --> 01:12:18.529
Casey,
01:12:19.090 --> 01:12:20.490
what is your top takeaway from
01:12:20.530 --> 01:12:21.152
today's call?
01:12:23.094 --> 01:12:25.435
Coming soon to a White House near you.
01:12:27.677 --> 01:12:30.319
My big takeaway is, well, yeah,
01:12:30.340 --> 01:12:31.201
we talked about so much.
01:12:31.341 --> 01:12:32.462
Let's just go back to cardboard.
01:12:32.521 --> 01:12:32.903
I'm just kidding.
01:12:35.488 --> 01:12:36.630
My biggest takeaway, honestly,
01:12:36.649 --> 01:12:38.792
is just get ready, buckle up.
01:12:38.853 --> 01:12:40.154
This year is going to be very interesting.
01:12:40.354 --> 01:12:41.475
What I'm seeing down here is
01:12:41.836 --> 01:12:43.398
I think it's different
01:12:43.417 --> 01:12:44.439
everywhere because of the growth.
01:12:44.479 --> 01:12:46.220
But this year, Justin Wallace,
01:12:46.240 --> 01:12:46.921
we talked about it.
01:12:46.981 --> 01:12:47.922
This year is going to be different.
01:12:48.582 --> 01:12:49.462
the for the junk removal
01:12:49.521 --> 01:12:50.301
companies that don't want
01:12:50.322 --> 01:12:51.462
to grow they want to stay
01:12:51.483 --> 01:12:52.842
in the driver's seat well
01:12:52.863 --> 01:12:53.783
just get ready to pay more
01:12:54.002 --> 01:12:55.163
get ready to work more and
01:12:55.203 --> 01:12:56.323
get ready to save less
01:12:56.344 --> 01:12:57.043
because you're not going to
01:12:57.503 --> 01:12:58.423
have the same returns as
01:12:58.463 --> 01:12:59.265
you did two years ago I
01:13:00.225 --> 01:13:01.904
think at this point you
01:13:01.944 --> 01:13:03.865
need to grow in some aspect
01:13:03.926 --> 01:13:04.966
of your business or you
01:13:05.046 --> 01:13:07.506
will die and it's not just
01:13:07.565 --> 01:13:12.087
a saying anymore barton and
01:13:12.106 --> 01:13:14.007
always be marketing abm
01:13:15.917 --> 01:13:16.918
I think Casey hit the nail
01:13:16.939 --> 01:13:18.480
on the head and I'm, I'm on board, man.
01:13:18.501 --> 01:13:19.381
I think you got to realize
01:13:19.841 --> 01:13:21.203
you got to climb the hill, you know,
01:13:21.243 --> 01:13:22.384
when it's time to buckle down and go.
01:13:22.423 --> 01:13:23.125
I think we had a couple of
01:13:23.164 --> 01:13:23.864
years where it was really
01:13:23.965 --> 01:13:25.146
awesome and you'll probably
01:13:25.167 --> 01:13:25.907
have a couple more years
01:13:26.027 --> 01:13:27.007
when it comes forward.
01:13:27.047 --> 01:13:29.350
But I mean, whether,
01:13:29.409 --> 01:13:31.591
whether you got 25 trucks or two trucks,
01:13:32.132 --> 01:13:32.752
I think you're gonna go out
01:13:32.773 --> 01:13:33.453
and grind every day.
01:13:33.474 --> 01:13:34.033
You gotta be willing to get
01:13:34.054 --> 01:13:34.555
up and do the work.
01:13:36.667 --> 01:13:38.548
Yeah, my biggest takeaway from today,
01:13:38.588 --> 01:13:40.750
last week we had our
01:13:40.810 --> 01:13:43.171
quarterly planning session,
01:13:43.813 --> 01:13:44.953
and this is why I wanted
01:13:44.993 --> 01:13:45.854
Andy Barton on the show
01:13:46.073 --> 01:13:46.975
before I did my quarterly
01:13:47.015 --> 01:13:47.576
planning session,
01:13:47.815 --> 01:13:49.136
because now I got more shit.
01:13:49.856 --> 01:13:50.757
Biggest takeaway is I need
01:13:50.778 --> 01:13:52.418
to follow up with and get
01:13:52.458 --> 01:13:53.881
smart on this skip tracing,
01:13:54.461 --> 01:13:55.862
text messaging, and...
01:13:57.082 --> 01:13:58.444
We do not reach out to
01:13:58.604 --> 01:14:00.027
people that we think are our customers,
01:14:00.407 --> 01:14:00.587
right?
01:14:00.988 --> 01:14:02.289
I do network and I talk to people.
01:14:02.789 --> 01:14:04.091
We pick up the phone when they call us.
01:14:04.271 --> 01:14:05.734
We do not proactively go out
01:14:05.774 --> 01:14:07.737
and seek to find new customers other than
01:14:08.970 --> 01:14:09.850
you know, the traditional way.
01:14:09.890 --> 01:14:11.811
So that's an interesting one to, you know,
01:14:12.091 --> 01:14:13.752
tell people that didn't
01:14:13.773 --> 01:14:15.372
even know there were junk rule.
01:14:15.412 --> 01:14:16.434
Wasn't on their mind to put
01:14:16.453 --> 01:14:16.894
it on their mind.
01:14:17.113 --> 01:14:18.613
So that is a, I like it.
01:14:18.713 --> 01:14:19.194
I like it a lot.
01:14:19.213 --> 01:14:21.034
I've already sent the email to Chris,
01:14:21.114 --> 01:14:21.854
my marketing guy.
01:14:21.895 --> 01:14:22.636
I've sent him two emails,
01:14:22.655 --> 01:14:23.655
one on the text message and
01:14:23.695 --> 01:14:24.475
one on skip tracing.
01:14:24.855 --> 01:14:26.417
So we can get smart on that because yeah,
01:14:26.497 --> 01:14:28.238
now is the time to gain up
01:14:28.297 --> 01:14:30.377
market share for me, my business, right.
01:14:30.417 --> 01:14:31.177
I'm going to gain market
01:14:31.198 --> 01:14:32.038
share for the businesses
01:14:32.059 --> 01:14:33.479
that are going out and the
01:14:33.519 --> 01:14:35.399
businesses that, you know,
01:14:36.039 --> 01:14:36.980
aren't doing well because
01:14:37.220 --> 01:14:37.981
they stopped marketing over
01:14:38.002 --> 01:14:39.122
the winter and now they
01:14:39.143 --> 01:14:39.923
have even less money to
01:14:39.944 --> 01:14:41.185
market because they used it
01:14:41.244 --> 01:14:42.246
on operational expenses
01:14:43.006 --> 01:14:43.947
instead of reinvesting in
01:14:43.966 --> 01:14:44.587
their company when the
01:14:44.627 --> 01:14:46.810
times were good so um we
01:14:47.050 --> 01:14:47.850
for those of us that are in
01:14:47.871 --> 01:14:48.952
the business we survived
01:14:48.971 --> 01:14:50.033
till april 1st right that's
01:14:50.052 --> 01:14:51.113
always the key for me it
01:14:51.134 --> 01:14:51.934
was always get it through
01:14:51.993 --> 01:14:52.574
get through the winter
01:14:52.595 --> 01:14:53.735
because we know the bottom
01:14:53.756 --> 01:14:54.737
falls out in december and
01:14:54.756 --> 01:14:55.317
it was always to get to
01:14:55.356 --> 01:14:57.319
april 1st this is the this year
01:14:58.359 --> 01:14:59.800
I walked into April 1 with
01:14:59.881 --> 01:15:00.961
more confidence than any
01:15:01.001 --> 01:15:02.001
other year in business.
01:15:02.020 --> 01:15:04.341
So that's been my win, the Q1.
01:15:04.442 --> 01:15:06.582
And now let's bring on Q2.
01:15:07.262 --> 01:15:08.502
As always, I'm Andy Wines.
01:15:08.523 --> 01:15:09.724
He's Casey Bubba Lawrence.
01:15:09.884 --> 01:15:11.184
And every quarter joining us,
01:15:11.264 --> 01:15:12.684
Mr. Andy Barton from the
01:15:12.804 --> 01:15:14.125
North Shores of New Jersey.
01:15:14.524 --> 01:15:15.784
Any final words or thoughts
01:15:15.824 --> 01:15:17.485
before we put a wrap on this?
01:15:17.765 --> 01:15:20.207
What are we doing, wrapping it up?
01:15:20.327 --> 01:15:22.226
Wrap this thing up, put a bow on it.
01:15:22.266 --> 01:15:22.506
There we go.
01:15:22.527 --> 01:15:23.247
That's what I was looking for.
01:15:23.448 --> 01:15:24.148
Any final words?
01:15:25.037 --> 01:15:26.097
I always appreciate the invite.
01:15:26.118 --> 01:15:26.417
Thank you.
01:15:27.059 --> 01:15:28.460
Looking forward to seeing you in 90 days.
01:15:28.960 --> 01:15:29.520
Thank you, gentlemen.
01:15:29.600 --> 01:15:30.220
And everybody else,
01:15:30.261 --> 01:15:31.841
we will see you next week.
01:15:35.824 --> 01:15:36.604
Thanks for listening.
01:15:37.025 --> 01:15:38.567
Tap subscribe or follow to
01:15:38.606 --> 01:15:39.688
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01:15:40.007 --> 01:15:41.488
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01:15:41.628 --> 01:15:42.430
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01:15:42.489 --> 01:15:44.150
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