PMP Industry Insiders

A ChatGPT Field Report

On this episode, Dan and Donnie continue "geeking out" over the artificial intelligence tool ChatGPT. Donnie shares several real-life examples of how he's using it in his business and they discuss how other pest control and lawn care operators can do the same. 

 

 

Dan Gordon, PCO Bookkeepers & M&A Specialists

Donnie Shelton, Triangle Home Services

 

In this episode, Dan and Donnie review the first quarter of 2023, delving into the status of the pest control M&A market, why attitudes are changing about door-to-door, and where lawn care valuations stand. They also cover how the economy is affecting sales and marketing. 

 

For detailed show notes and more information, visit PMPIndustryInsider.com or follow us on social media: 

 

 

Thank you to our sponsor, Coalmarch by WorkWave!

 

Bobby Jenkins, owner of ABC Home & Commercial Services

 

Frank Andolina, COO, Coalmarch

 

 

 

HR expert Jean Seawright is back on the podcast to discuss key regulations employers should have on their radar. She covers the Federal Trade Commission’s proposed rule to ban noncompetes, plus the Department of Labor's independent contractor rule, and a proposed rule to increase the guaranteed salary level for white-collar exempt employees. 

Lee McInnis, Senior Vice President, Fidelity Bank

 

On the heels of the second largest bank failure in U.S. history, Dan and Donnie welcome Lee McInnis, senior vice president of Fidelity Bank, to the podcast to discuss small business banking issues. They discuss banking with small and regional banks, the best strategies to mitigate risk, how to get loans and lines of credit, and more.

 

Jennifer Lemcke, CEO of Weed Man & Turfbot

 

Dan and Donnie are joined by lawn care industry leader Jennifer Lemcke, CEO of Weed Man and Turfbot. They cover her background, the challenges Weed Man is facing, how it's overcoming them, and the opportunities for growth Jennifer sees coming down the pike. 

 

How do you compete against the big boys and private equity firms in the mergers and acquisitions game? On this episode, Dan and Donnie discuss the opportunities that exist for smaller players to purchase other pest control companies and the steps involved in closing a deal. 

 

With so much data at your fingertips, it's easy to get bogged down. In this episode, Dan and Donnie discuss the importance of streamlining the information in your pest control business so you can track progress and make better management decisions. 

 

On this episode, Sharon Roebuck-McBride gives us an overview of the Entrepreneurial Operating System (EOS) and the steps required to implement it. Sharon and Donnie Shelton discuss the EOS journey at Triangle Home Services, including challenges, wins and benefits. They also reveal Triangle's goals and next steps. 

 

Guest: Sharon Roebuck-McBride, VP of Culture and Customer Experience, Triangle Home Services

 

Tune in to hear Dan and Donnie discuss phantom stock as a deferred compensation model in the pest control industry. They cover the pros and cons, why Dan is a fan of this approach and why Donnie no longer uses it in his business. 

 

On this episode, Dan and Donnie discuss the potential problems with relying *too much* on technology in pest control and lawn care companies. They cover how to avoid technology becoming a distraction from the fundamentals of your business.

 

Dan and Donnie dive into why this popular new artificial intelligence technology is poised to revolutionize how businesses communicate — pest control and lawn care companies included. 

What's a balance sheet and why is it important for a pest control company? On this episode, Dan and Donnie cover the components of a balance sheet, how it's different from a P&L, and smart ways to use a balance sheet in your business. 

 

Jim Fredericks, Ph.D., joins the podcast to discuss his new role as executive director of the Professional Pest Management Alliance. He also talks about what's in the pipeline for PPMA and NMPA and what the future may hold for the industry. 

 

Guest: 

Jim Fredericks, Ph.D. 

Executive Director, PPMA
Senior Vice President of Public Affairs, NPMA

 

Hosts: 

Dan Gordon, PCO Bookkeepers & M&A Specialists

Donnie Shelton, Triangle Home Services

 

For detailed show notes and more information, visit PMPIndustryInsider.com or follow us on social media:

 

Thank you to this episode's sponsor, Coalmarch by WorkWave!