Podcasts ยท The Home Service Expert Podcast
He Built Five Companies Then Admitted He Should Have Built One Better (LIVE)
ยท 1 h 05 min
Episode He Built Five Companies Then Admitted He Should Have Built One Better (LIVE)
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Adam Shampaine went from Capitol Hill to CEO of HomeFix, a $68 million home improvement company, and then built his own supply company, finance company, and window brand. In this episode, Tommy Mello and Adam break down how vertical integration creates a moat competitors can't copy, why company DNA decides which growth channels actually work, how a door-to-door canvasser can earn $300K a year, and the one lesson Adam learned from building five companies: he would be richer if he had built one better. If you run a home service or home improvement business, this is the conversation on canvassing, financing, and focus.
๐ TIMESTAMPS
00:00 Episode Open
01:52 Capitol Hill Origin
07:20 Part-Time to Sales
12:20 Always The People
18:00 Solar and Supply Stack
23:20 Pure Finance Origin
30:30 Finance Platform Growth
37:20 Company DNA Canvas
43:50 Canvassing As Math
48:50 Canvas vs Demand Leads
54:12 Brand Power vs Canvas
1:02:02 One Thing Regret
Questions this episode answers:
01:52 How did a Capitol Hill staffer end up in home improvement sales?
12:20 Is it the market or the salespeople when a sales territory fails?
18:00 Why would a home improvement company build its own supply chain?
23:20 Should contractors start their own consumer finance company?
30:30 How does in-house customer financing actually make money?
37:20 Can you change your company's culture and business model?
40:50 Why do canvassing consultants fail at most companies?
43:50 How much can a door-to-door canvasser make per year?
48:50 What is the difference between canvas leads and demand leads?
54:12 Does brand marketing beat door-to-door canvassing?
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