The Year to Come | Sup, | The trades: So hot right now. | A study came out recently that broke down the trends and growth potential of the home service business, for last year, this year, and what's to come in 2025. | I highly recommend taking a look at the data, as it paints an especially pretty picture for the trades and owners in general. | Will there be hardships? Potentially. For instance, an overwhelming majority of owners are still struggling to hire skilled labor. | What's the answer? | | GUYS. | Before we get into the answer… | | My co-host, Jack Carr just launched a new company called Quick Staffers, designed to help you take your call center to the next level. | Quick Staffers handles hiring, training, and placing overseas CSRs who are pre-trained with HVAC and plumbing knowledge. They're already running proven SOPs and scripts from both mine and Jack's call center. | That means you get high-quality customer service at a fraction of the cost of traditional call centers. It's a total game-changer for growing your team without blowing your budget. Right now, he's offering a soft launch special—$1,000 off per placement! | | | | The $10M Call Center Hack | | #160 - How This One Sales Tactic Unlocked $10 Million in Potential |
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| Speaking of growth in 2025, Jack and I sat down this on this week to talk about some of the wins we had last year that were HUGE in pushing us towards those big revenue goals. It's a deep dive into some of the strategies you can implement this year to unlock the most growth potential. | Listen on Apple Podcast Listen on Spotify |
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| | Ok back to it… | Despite challenges like labor shortages and rising costs, the trades remain an an absolute essential part of the economy. | In fact, there are four major trends shaping the future of our industry. Let's take a look. | Key Takeaways | Smart are set to smash $800 billion in 2025 The smart home market is projected to reach $313 billion by 2026 Machine learning and AI take over industry operations 87% of consumers want you to reply to reviews - or they ain't buying
| 1. Smart Homes are Taking Over | People are dropping serious cash on smart home upgrades from smart thermostats to automated lighting. | Since the global smart home market is projected to reach $313 billion by 2026… you might want to think about offering these services where you can. | 2. AI-Driven Profits | Smarter scheduling = better insights = happier customers. | If you're not automating your processes, you're falling behind. AI and machine learning aren't just buzzwords, they're making your competitors bookings seamless. Get tech-savvy, streamline your process, and start locking in more clients. | Want to dominate at AI in 2025? Check out Avoca AI and make your call center one where hybrid AI agents and your own CSRs work together to dominate. | | On top of that, we never miss a single incoming call, and our CSRs are getting feedback on each call made. | Sounds great, right? Check out a demo of Avoca and get it for yourself. | | 3. Premium Pays Off | Households are splurging big time on professional services in 2025. | If you're in the cleaning industry for example, tailored cleaning services, like carpet cleaning and deep sanitization, are in high demand. Offering specialized options is proving to be a pretty good way to stand out… | 4. Fix Your Reviews | If you didn't already know—87% of customers won't hire without reading reviews. In 2025 your reputation is going to be your best salesperson. To get ahead you really need to start getting those solid 5* reviews and responding to both the negatives and the positives to show you value your clients. | | | | Co-Invest or Go Big? | | #161 Private Equity vs. Co-Investment: Strategies for Scaling Small Businesses |
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| Getting into the juice, this Thursday Jack and I touched on the pros and cons of minority vs. majority ownership, the challenges of scaling, and the potential benefits of co-investment partnerships vs private equity. Want insights on how to get your trade operating at that next level? Check it out. | Listen on Apple Podcast Listen on Spotify |
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| The home services industry is thriving, and these trends show it's only going to get stronger. | Whether it's adapting to new technologies, addressing labor shortages, or finding new ways to educate the workforce, there's plenty of opportunity ahead. | As we gear up for the future, it's clear the trades are more than just essential—they're shaping the future. | Have a great weekend. 👊 | John | | John Wilson @WilsonCompanies | |
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I have never been asked by a business partner, bank, acquisition target, or team member where I went to college. Tens of millions in revenue, Millions in deals, millions in lending. Nobody cares. | | 3:34 PM • Nov 20, 2024 | | | | 442 Likes 18 Retweets | 61 Replies |
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| | | Want More Owned and Operated? | 📻 Listen to Owned and Operated on YouTube, Spotify, and Apple | 📖Check out the go-to resource for scaling your home service business here | 🤝 Get your brand to 20,000+ home service business owners here |
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