Episode Overview
In this episode, our hosts Mike Nelson and Derek Foster interview Randy Rowe from Farrell Brothers Plumbing & Heating! Randy makes it clear for us that running a franchise (or two) can absolutely be in the cards for anyone who’s willing to put the work in, stay committed, embrace challenges, lead effectively, learn continuously, adapt to change, and stay focused on long-term goals—even when the path isn’t always easy or obvious, while building scalable systems and strong teams.
Time Stamps
00:16 – Introductions
05:56 – Randy’s Franchises: What the Value Is
13:41 – Adding Businesses: What to Look For (and What to Avoid)
16:50 – Randy’s Biggest Challenge: Finding Workers!
21:43 – Randy’s Daily Routine
23:48 – Commercial Break
24:25 – Randy’s Thoughts on Work Ethic: It Can Be Taught!
26:18 – A Fifty-Year-Old Toilet?
27:08 – College: Is It the Right Choice?
28:59 – Business-Planning and Goal-Setting: Retirement’s a Long Way Off!
Details
Hosts
Mike Nelson and Derek Foster
Guests
Randy Rowe
Runtime
34 mins, 56 secs
Airing Date
Jul 7, 2022