Doug Johns reflects on his balance sheet, lifestyle, and new identity as business owner after 9 quarters in the seat. Topics in Doug’s interview:His wife's involvement in the businessWorking 60 hours a week His experience with ROBS structure and buyoutSlowdown in home services industryWhy he loves owning & operatingWhen & why to raise your pricesMoving to a small town in a metro areaIntegration of business into daily lifeFierce competition in home servicesGreat benefit of franchises: in-network peer gro...
Doug Johns reflects on his balance sheet, lifestyle, and new identity as business owner after 9 quarters in the seat.
Topics in Doug’s interview:
- His wife's involvement in the business
- Working 60 hours a week
- His experience with ROBS structure and buyout
- Slowdown in home services industry
- Why he loves owning & operating
- When & why to raise your prices
- Moving to a small town in a metro area
- Integration of business into daily life
- Fierce competition in home services
- Great benefit of franchises: in-network peer groups
References and how to contact Doug:
- LinkedIn
- Doug John’s first appearance on Acquiring Minds: Opening Up to Franchises to Buy a Great Business
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