In this episode, David Shackelford shares his journey of acquiring and running DrainTech, a plumbing business. He discusses the challenges and rewards of transitioning from management consulting to entrepreneurship, emphasizing the importance of understanding the business and its employees before implementing changes. David highlights the significance of company culture, employee engagement, and the balance between personal values and business growth. He also reflects on the lessons learned over five years, including the importance of health and fitness in maintaining business success.
takeaways
- Understanding every component of a business is crucial before making changes.
- Building rapport with employees is essential for successful change implementation.
- Creating a positive company culture starts with valuing employees over customers.
- Growth should be managed carefully to avoid overwhelming the business.
- Hiring should focus on candidates with a history of stability and grit.
- Shadowing current employees can provide better insights into potential hires.
- Compensation strategies should be aligned with market standards to retain top talent.
- Personal values should guide business decisions and growth strategies.
- Health and fitness contribute significantly to business leadership effectiveness.
- Establishing clear boundaries and expectations is vital for employee accountability.
How to reach David -
Draintechplumber.com
Linkedin - David Shackelford
