John and Connie: Hi and welcome to
Speaker:celebrating small family businesses.
Speaker:I'm John Kuder and I'm Connie Kuder.
Speaker:And today we are celebrating
Speaker:Waypoint Property Inspection and
Speaker:we've got four owners on with us.
Speaker:So this is going to be exciting.
Speaker:So I'm going to start
Speaker:with, uh, introduction.
Speaker:I can't do introductions because
Speaker:this is going to wind up being, , in
Speaker:terms of video, it's going to
Speaker:be speaker view mostly, I think.
Speaker:So, , I wanted to start with Bob.
Speaker:Bob.
Speaker:, what's the, what was the
Speaker:origin story of your business?
Speaker:How did you guys decide
Speaker:to, to do Waypoint?
Bob Hintze:Sure.
Bob Hintze:, first of all, I want to thank you, , John
Bob Hintze:and Connie for having us on today.
Bob Hintze:It's real exciting to be
Bob Hintze:able to share our story.
Bob Hintze:, basically the journey for
Bob Hintze:Waypoint began actually 19
Bob Hintze:years ago this month in, , 2005.
Bob Hintze:And really the, the impetus of
Bob Hintze:getting started was a result of,
Bob Hintze:uh, my making a career change.
Bob Hintze:I was Working for a large
Bob Hintze:financial company at the time.
Bob Hintze:And if you, I know we're all too young on
Bob Hintze:this call, but back in the early 2000s,
Bob Hintze:there was a lot of offshoring going on
Bob Hintze:where a lot of the work, which was once
Bob Hintze:domestically Being taken care of was
Bob Hintze:being sent overseas and the company I
Bob Hintze:worked for actually went through that.
Bob Hintze:And, you know, really, I, I
Bob Hintze:totally understand the reasoning.
Bob Hintze:It's all about, , making shareholders
Bob Hintze:happy, not necessarily customers.
Bob Hintze:, when it comes to customer service, it's
Bob Hintze:the bottom line at the end of the day.
Bob Hintze:So I was given a choice.
Bob Hintze:actually trained a lot of our
Bob Hintze:replacements, , in the Philippines
Bob Hintze:and, and India at the time.
Bob Hintze:And then, um, I was given a choice to stay
Bob Hintze:with the company and relocate to that,
Bob Hintze:to their headquarters up in Virginia,
Bob Hintze:um, since they were downsizing in the U.
Bob Hintze:S.
Bob Hintze:And, uh, since over the previous few
Bob Hintze:years, I had , moved my family first from
Bob Hintze:California to Texas, and then from Texas
Bob Hintze:to Florida, um, and then in the ensuing
Bob Hintze:couple of years after that, Eddie and
Bob Hintze:his family joined us along with, my wife.
Bob Hintze:And, my wife and Eddie's wife
Bob Hintze:are sisters, and they, uh, their
Bob Hintze:parents moved from California,
Bob Hintze:so we were all together.
Bob Hintze:And if I left and moved my
Bob Hintze:family to Richmond, I probably
Bob Hintze:wouldn't have moved the family.
Bob Hintze:I would have got it as a single man.
Bob Hintze:So I didn't want to do that.
Bob Hintze:, so actually, , the company I worked with
Bob Hintze:was very good to me, which afforded me
Bob Hintze:to take a deep look inside , and decide,
Bob Hintze:, after, , having conversations with, , my
Bob Hintze:wife, Jeanette and Austin, who was around
Bob Hintze:10 at the time and a man of wisdom at 10,
Bob Hintze:uh, what was my next step going to be?
Bob Hintze:And, a couple of things that led
Bob Hintze:me to starting Waypoint was, uh,
Bob Hintze:taking a look inside my whole life.
Bob Hintze:What did I, A, enjoy doing and
Bob Hintze:B, what I felt I, I did well.
Bob Hintze:And, uh, both kind of came along the line
Bob Hintze:of developing people and educating them.
Bob Hintze:And so with some soul searching, some
Bob Hintze:research, I came upon home inspection,
Bob Hintze:which again, 19 years ago, and still
Bob Hintze:is a relatively new industry and,
Bob Hintze:uh, did a lot of studying, a lot of
Bob Hintze:understanding, a lot of research, and,
Bob Hintze:uh, decided to go into home inspection
Bob Hintze:because the last thing I wanted to do
Bob Hintze:was shake the hands again, shake the
Bob Hintze:hands of 500 people as I was laying them
Bob Hintze:off, which I happened to do in 2005.
Bob Hintze:I did follow them out the door.
Bob Hintze:I wanted to be my own boss.
Bob Hintze:So if I were to get fired, it
Bob Hintze:was going to be me firing me.
Bob Hintze:, but it's really started start ground up,
Bob Hintze:, as an entrepreneur and because of that
Bob Hintze:education and, uh, teaching people about
Bob Hintze:their homes and satisfying the partners
Bob Hintze:that we work with, , I truly enjoyed that.
Bob Hintze:And that's why, , I started Waypoint,
Bob Hintze:uh, back in 2005 and, , basically
Bob Hintze:was a quote unquote, one man
Bob Hintze:shop, , from 2005 until 2013.
Bob Hintze:, Eddie did help me along the way.
Bob Hintze:I won't steal his thunder
Bob Hintze:that, , he'll probably talk about
Bob Hintze:his story with Waypoint, , but
Bob Hintze:joined me, , full time in 2014.
Bob Hintze:Austin joined us, uh,
Bob Hintze:actually Eddie joined in 2013.
Bob Hintze:Uh, correct myself, Austin
Bob Hintze:joined part time while he
Bob Hintze:was going to college in 2014.
Bob Hintze:And then in 2016, when he graduated,
Bob Hintze:he joined the company full time.
Bob Hintze:But, you know, in a nutshell, , from
Bob Hintze:a one man shop, Back in 2005 to today,
Bob Hintze:where we have, , over 30 domestic
Bob Hintze:employees and five global team
Bob Hintze:members who support us from overseas.
Bob Hintze:, it's been a fun ride.
Bob Hintze:Basically that is the.
Bob Hintze:In a nutshell, backstory , of
Bob Hintze:Waypoint property inspection.
Bob Hintze:John and Connie: Thank you.
Bob Hintze:Yeah.
Bob Hintze:And congratulations on almost
Bob Hintze:being 20 years in the business.
Bob Hintze:As we know, small businesses
Bob Hintze:collapse pretty quickly, . But
Bob Hintze:thank you for, for being smart
Bob Hintze:enough to do the homework before.
Bob Hintze:Real quick, I remember going
Bob Hintze:to school, uh, for home inspection to
Bob Hintze:get my, , certification at the time.
Bob Hintze:We were not a licensed
Bob Hintze:profession in Florida until 2010.
Bob Hintze:I remember the instructor standing
Bob Hintze:in front of the class and there was
Bob Hintze:probably about 30 of us and basically
Bob Hintze:saying all but two of you will not
Bob Hintze:be in business three years from now.
Bob Hintze:So I guess, , there's
Bob Hintze:somebody else out there.
Bob Hintze:But I'm very happy to say that
Bob Hintze:after two years and almost 20 years
Bob Hintze:that we are still in business.
Bob Hintze:John and Connie: That's
Bob Hintze:wonderful, wonderful.
Bob Hintze:Well, since you kind of teed it up
Bob Hintze:for us, Eddy, uh, do you want to jump
Bob Hintze:in and talk about how your, uh, your
Bob Hintze:arc with the business came to be and
Eddy Lai:Yeah, I won't,
Eddy Lai:I won't mind sharing that.
Eddy Lai:But, uh, then we got to get to Mark as
Eddy Lai:to why he created Waypoint East at the
Eddy Lai:time, but again, like Bob has said, I
Eddy Lai:joined him a part time around 2007 because
Eddy Lai:he was very busy, , as a one man shop.
Eddy Lai:And then I joined him mainly on the
Eddy Lai:weekends just to help them help them out
Eddy Lai:and pretty much for a burger and a beer.
Eddy Lai:, and then in 2000, 2000, it was
Eddy Lai:around 2007, 2008, where we had
Eddy Lai:a reduction in force as well.
Eddy Lai:But I was, I was assigned
Eddy Lai:to a different area.
Eddy Lai:So then I didn't want
Eddy Lai:to jump in at that time.
Eddy Lai:And then the market wasn't doing as
Eddy Lai:well, during that timeframe as well on,
Eddy Lai:on the home, real estate section, uh,
Eddy Lai:I was in a major, , Banking, , company
Eddy Lai:as well in the call center, um, and
Eddy Lai:got moved to a different position.
Eddy Lai:So I stayed there until 2013, where
Eddy Lai:they were getting, uh, resizing and, uh,
Eddy Lai:and decided to move out of the state.
Eddy Lai:It was an international banking company
Eddy Lai:that decided to leave the U S market.
Eddy Lai:And then, uh, at that time,
Eddy Lai:that's when I decided that I'm
Eddy Lai:going to join Bob full time.
Eddy Lai:Because his business warranted, and
Eddy Lai:you know, one of the biggest things
Eddy Lai:when I joined Bob and we say this
Eddy Lai:all the time is that I didn't want
Eddy Lai:to, you know, rob Peter to pay Paul.
Eddy Lai:I didn't want to take from his
Eddy Lai:pocket to move money into my pocket.
Eddy Lai:wanted to make sure there was
Eddy Lai:enough money out there for both
Eddy Lai:of our pockets, uh, to flourish.
Eddy Lai:At that time and in 2013, that's when
Eddy Lai:I made my move, I got the license
Eddy Lai:and since then, you know, one of the
Eddy Lai:biggest goals that we had as joining up
Eddy Lai:when we went to a conference, we both
Eddy Lai:looked at each other and said, we don't
Eddy Lai:want to be just a two man operation.
Eddy Lai:We want to be a multi inspector firm.
Eddy Lai:And since then, we've laid the
Eddy Lai:tracks towards that success.
Eddy Lai:So I've been very appreciative of that.
Eddy Lai:And we all have our own assignments and
Eddy Lai:within the Within the family business,
Eddy Lai:and we, you know, we all try to strive
Eddy Lai:to work at our strengths and build
Eddy Lai:the company based on our strengths.
Eddy Lai:So thanks for asking, , John and Connie.
Eddy Lai:John and Connie: That's fabulous.
Eddy Lai:You're welcome.
Eddy Lai:Yep, boy, you just hit on two of
Eddy Lai:our primary drivers is, is the,
Eddy Lai:you know, focus on strengths and,
Eddy Lai:and knowing, having clear roles and
Eddy Lai:everybody working in their role.
Eddy Lai:So Mark, you're next.
Eddy Lai:You got, Tell us your story.
Eddy Lai:You expanded, you started, I hear East.
Eddy Lai:Tell me about East.
Mark Wahl:Well, thank you, John.
Mark Wahl:Thank you, Connie.
Mark Wahl:It's east because obviously Bob,
Mark Wahl:Austin and Eddie are located in Tampa.
Mark Wahl:I'm actually located in Palm Beach County.
Mark Wahl:To give you a little bit more
Mark Wahl:backstory prior to business this
Mark Wahl:year, Bob and I are friends 50 years.
Mark Wahl:John and Connie: Wow.
Mark Wahl:Cool.
Mark Wahl:Okay.
Mark Wahl:Well, there, there's, you know,
Mark Wahl:effectively another family connection.
Mark Wahl:Well, and it's funny you
Mark Wahl:said that because when we announced
Mark Wahl:the merger of the two companies, we
Mark Wahl:announced it as a merger of families.
Mark Wahl:So basically in 2005, I moved to
Mark Wahl:South Florida from New Jersey.
Mark Wahl:My wife and I both having fairly
Mark Wahl:good corporate jobs and I was
Mark Wahl:getting phone calls from Bob.
Mark Wahl:We were talking almost every
Mark Wahl:day and he was saying, I don't
Mark Wahl:know what I'm going to do.
Mark Wahl:I want to look at this.
Mark Wahl:I want to look at a UPS store.
Mark Wahl:And then he got into home inspection
Mark Wahl:once he got started, he said to
Mark Wahl:me, oh, you should get into this.
Mark Wahl:And I said, I'm in the air more
Mark Wahl:than I'm on the ground with my
Mark Wahl:corporate job at all at a time.
Mark Wahl:So that in June of 2006, I went over and
Mark Wahl:actually stayed at Bob's house and took
Mark Wahl:the same class he had taken, figuring I'm
Mark Wahl:going to start a small part time business.
Mark Wahl:And figure helps to, bring a
Mark Wahl:little bit more to the family
Mark Wahl:and it was working fine.
Mark Wahl:And then in 2008, just like Bob and Eddie,
Mark Wahl:I went through a corporate downsizing.
Mark Wahl:, I worked for a different bank, but it was
Mark Wahl:on the insurance side of the business.
Mark Wahl:And obviously at that point, 2008
Mark Wahl:was the big collapse of the market.
Mark Wahl:And a year later, my wife
Mark Wahl:working for a fourth corporate
Mark Wahl:institution lost her corporate job.
Mark Wahl:So we kind of reinvented ourselves.
Mark Wahl:I went full time and started building
Mark Wahl:it and it just began to roll.
Mark Wahl:And in, I guess it was about the same
Mark Wahl:time around 2013, I hired my first
Mark Wahl:inspector on the East coast to help.
Mark Wahl:And we started growing and both
Mark Wahl:sides blossomed very well.
Mark Wahl:We bounce things off of each other.
Mark Wahl:We shared marketing ideas, logos, all,
Mark Wahl:all the ways of operating the business,
Mark Wahl:but kept them corporately separate.
Mark Wahl:And then after Austin came in and
Mark Wahl:he'll, he'll laugh about this.
Mark Wahl:used to go to our conferences and he used
Mark Wahl:to say to me, I want to buy your company.
Mark Wahl:And I'd say, you can't afford me.
Mark Wahl:And he'd say, how do you know that?
Mark Wahl:I said, cause I know your father.
Mark Wahl:So finally we decided about
Mark Wahl:a year and a half ago,
Mark Wahl:almost two years ago to, to perform
Mark Wahl:the merger of the two companies.
Mark Wahl:And here we are today.
Mark Wahl:John and Connie: Very cool.
Mark Wahl:Very cool.
Mark Wahl:Austin, what um, you're second
Mark Wahl:generation and I want to, I think I
Mark Wahl:want to start out with that for you.
Mark Wahl:So what do you love most about
Mark Wahl:working in the family business?
Austin Hintze:I think it's, it's a
Austin Hintze:combination of the flexibility that
Austin Hintze:it provides versus a standard job
Austin Hintze:or going the corporate route, right?
Austin Hintze:As Bob, Eddie and Mark have all gone down.
Austin Hintze:Um, it's the ease of communication
Austin Hintze:in a sense when it comes to making
Austin Hintze:decisions, when it comes to figuring
Austin Hintze:out which direction we're going to go.
Austin Hintze:Um, and I think it's just the feeling
Austin Hintze:of, We're all working together to build
Austin Hintze:something that not only benefits all of
Austin Hintze:us as a family, but also benefits the
Austin Hintze:employees and their families as well.
Austin Hintze:So I think it's those three main things
Austin Hintze:I would say all kind of come together in
Austin Hintze:perfect unison of what makes it a great
Austin Hintze:thing to do, right?
Austin Hintze:Working with family.
Austin Hintze:John and Connie: I love that
Austin Hintze:you said ease of communication.
Austin Hintze:That's, um, I want to say that's
Austin Hintze:somewhat uncommon in family businesses
Austin Hintze:that it'd be easy because the family
Austin Hintze:dynamics tend to get in the way.
Austin Hintze:So kudos for, you know,
Austin Hintze:working that making that work.
Austin Hintze:One of the things we
Austin Hintze:follow pretty closely is the EOS model
Austin Hintze:with Traction, and through that model,
Austin Hintze:they basically, , put out a very clear
Austin Hintze:guideline that when it comes to meetings,
Austin Hintze:everything needs to be fully transparent
Austin Hintze:from the communication standpoint, right?
Austin Hintze:So when the 4 of us get together in
Austin Hintze:a meeting, if you leave that meeting
Austin Hintze:feeling like things were left unsaid,
Austin Hintze:or things weren't brought up that
Austin Hintze:should have been brought up, and
Austin Hintze:we're not perfect at it, right?
Austin Hintze:We'll get out of the meeting and
Austin Hintze:realize we should have spent more
Austin Hintze:time on this topic and we need
Austin Hintze:to do a better job next time.
Austin Hintze:But I think we do a really good job
Austin Hintze:with that transparency because we
Austin Hintze:follow a model that basically stipulates
Austin Hintze:that has to be part of how we run
Austin Hintze:the organization, run our meetings.
Austin Hintze:John and Connie: Nice.
Austin Hintze:So for our listeners, I'm just going to...
Austin Hintze:correct me if I miss anything,
Austin Hintze:but the EOS stands for
Austin Hintze:Entrepreneurial Operating System.
Austin Hintze:And Traction, it was created by, and
Austin Hintze:Traction is a book written by the
Austin Hintze:creator, I think it's Gino Wickman, is it?
Austin Hintze:Yep, that's correct.
Austin Hintze:John and Connie: Awesome, awesome.
Austin Hintze:Yeah, he's, he's a big force in the,
Austin Hintze:in the small business world, I think.
Austin Hintze:And, yeah, that, having that system,
Austin Hintze:, that's strong, as a lot of businesses
Austin Hintze:need to know more about that.
Austin Hintze:Read Traction.
Austin Hintze:I think it's a free download
Austin Hintze:too, I don't know, but okay,
Austin Hintze:so I'm going to jump to Bob.
Austin Hintze:So you're the dad in the business.
Austin Hintze:You've got your son in the business
Austin Hintze:as well as your brother in law.
Austin Hintze:What do you, and his best
Austin Hintze:friend, and your best friend.
Austin Hintze:Yeah.
Austin Hintze:What, what works for you?
Austin Hintze:What, what do you love
Austin Hintze:about the family aspect?
Austin Hintze:Yeah.
Austin Hintze:Yeah.
Austin Hintze:Yeah.
Bob Hintze:I think the dynamic works
Bob Hintze:because, uh, like we have mentioned
Bob Hintze:before, um, I don't want to call it all
Bob Hintze:about strengths and weaknesses, John,
Bob Hintze:or strengths and areas of opportunity.
Bob Hintze:I also want to call it what, you know,
Bob Hintze:what we're passionate about, what
Bob Hintze:each of us does well, what we enjoy
Bob Hintze:doing and what we're passionate about.
Bob Hintze:And it's actually, , four different,
Bob Hintze:you'll get four different answers.
Bob Hintze:Now we do have some overlap.
Bob Hintze:Like you had mentioned, our family
Bob Hintze:dynamic, it's, it's not all peaches and
Bob Hintze:cream, but, you know, utilizing not only
Bob Hintze:the, the traction system, but the, trust,
Bob Hintze:and I'll even say it, the love we have
Bob Hintze:amongst each other, we know that even
Bob Hintze:through the, the challenging times, uh,
Bob Hintze:we'll get through it, but we have our,
Bob Hintze:as we call it, we have our lanes, Um,
Bob Hintze:sometimes our lanes are, uh, sometimes
Bob Hintze:our, our highways are eight lanes wide.
Bob Hintze:Sometimes they're two lanes wide.
Bob Hintze:As the company matured, they have changed.
Bob Hintze:I remember obviously first starting
Bob Hintze:out, you know, I was, I was a chief
Bob Hintze:bottle washer, the janitor, every,
Bob Hintze:you know, everything, taking orders.
Bob Hintze:And, and then, , as we grew up and Eddie
Bob Hintze:joined, um, I still remember and he talks
Bob Hintze:about it, , he was a driver and I was
Bob Hintze:taking the orders over the phone, and I
Bob Hintze:was a driver and he was following up with,
Bob Hintze:you know, so you do what you have to do.
Bob Hintze:And as you, as you add on the resources,
Bob Hintze:and in our case, we were lucky to
Bob Hintze:have families and family and dear
Bob Hintze:friends, , you develop partly naturally.
Bob Hintze:And the other way is just where, where
Bob Hintze:you feel you have the most strength to
Bob Hintze:give, . And that's, and that's really
Bob Hintze:what's defined us, especially over the
Bob Hintze:last, uh, year plus, since we had the
Bob Hintze:merger, because, you know, we had, we had
Bob Hintze:the three of us that were still, you know,
Bob Hintze:Austin was maturing into his position,
Bob Hintze:um, Eddie and I were kind of rooted in
Bob Hintze:ours, knowing we needed to change somewhat
Bob Hintze:and have some flexibility, um, and, and
Bob Hintze:finding our way, I remember way back
Bob Hintze:in the beginning, and Eddie has an HR
Bob Hintze:background from the corporate world, uh,
Bob Hintze:he, he was working the HR department.
Bob Hintze:HR purpose of the company, and today I
Bob Hintze:am, um, and it's, it's, you know, it's, I
Bob Hintze:found, you know, with the added resources
Bob Hintze:that I, I, A, I didn't have to do what
Bob Hintze:I did before, whether I liked it or not,
Bob Hintze:and B, I was able to steer myself into
Bob Hintze:that highway, multiple lane highway.
Bob Hintze:Of things that I do enjoy doing, and a lot
Bob Hintze:of what I enjoy doing now is the company's
Bob Hintze:matured and it's, it's, you know, 19
Bob Hintze:years old is I like to do more of the
Bob Hintze:behind the scenes and the support disease.
Bob Hintze:Um, I write educational.
Bob Hintze:classes.
Bob Hintze:Um, we all teach them.
Bob Hintze:I, I actually was co working for
Bob Hintze:a few years where I was the lead
Bob Hintze:instructional lead instructor for
Bob Hintze:a company that was teaching home
Bob Hintze:inspections on a national basis.
Bob Hintze:So I think that's the big thing is,
Bob Hintze:is, you know, we're good at things.
Bob Hintze:We're able to streamline them into
Bob Hintze:a, a Purely definable purpose.
Bob Hintze:There's a little bit of overlap,
Bob Hintze:but we understand that we rely on.
Bob Hintze:We can rely on each other and,
Bob Hintze:uh, and work with each other based
Bob Hintze:upon our strengths and really what
Bob Hintze:what our highway is right now.
Bob Hintze:So, that's really how I feel about
Bob Hintze:it and it could change tomorrow.
Bob Hintze:It does.
Bob Hintze:It will change tomorrow.
Bob Hintze:It won't change drastically, but there'll
Bob Hintze:be another layer that's added tomorrow and
Bob Hintze:we'll sit down and we'll work it out and.
Bob Hintze:And, you know, assign responsibilities
Bob Hintze:around it and get it done.
Bob Hintze:John and Connie: Okay, that's that.
Bob Hintze:Wow.
Bob Hintze:There's a lot there to unpack
Bob Hintze:more than we've got time for.
Bob Hintze:We'd have to do another another call.
Bob Hintze:I love I love what you know you said
Bob Hintze:earlier you talked about how you really
Bob Hintze:like to develop people that that's
Bob Hintze:you know part of passion and so you
Bob Hintze:brought out the idea of strengths but
Bob Hintze:not strengths just on the fact that
Bob Hintze:I'm good at this or you know I've got
Bob Hintze:this background but also passion for
Bob Hintze:doing that and you know we've got a
Bob Hintze:favorite tool that we use, in our work
Bob Hintze:that's, , a book by a lady named Kristen
Bob Hintze:Sherry called YouMap, Y O U M A P.
Bob Hintze:And she starts with Clifton Strengths
Bob Hintze:as, uh, one of the pillars, but then
Bob Hintze:she has , it takes you through finding
Bob Hintze:out all your different skills and she
Bob Hintze:divides skills into different categories
Bob Hintze:and the top category is the skills that
Bob Hintze:you're, things that you're good at,
Bob Hintze:but they also energize you when you
Bob Hintze:do them because we've all got things
Bob Hintze:that we're, we can do and we're good
Bob Hintze:at them, but they drain us, right?
Bob Hintze:And then there's others that energize us.
Bob Hintze:And so I hear you talking about you guys
Bob Hintze:finding your, you know, marrying your
Bob Hintze:strengths with those skills that energize
Bob Hintze:you and then making that your lane,
Bob Hintze:even if that's not where you started.
Bob Hintze:Is that accurate?
Bob Hintze:Yeah.
Bob Hintze:Yeah.
Bob Hintze:Thanks.
Bob Hintze:And the book, and the book
Bob Hintze:you mentioned, YouMap, I have heard of
Bob Hintze:that, but I can tell you, and I know
Bob Hintze:we don't have the time today, but,
Bob Hintze:uh, we've done many exercises and, and
Bob Hintze:others have written or put together
Bob Hintze:programs that are similar to that.
Bob Hintze:And that's, that's something that we.
Bob Hintze:We relish and we work on to is
Bob Hintze:we, we don't sit on our laurels
Bob Hintze:and continue to do what we do.
Bob Hintze:We look for, for different ways
Bob Hintze:that we can either do it better
Bob Hintze:individually or better collectively
Bob Hintze:use using the resources.
Bob Hintze:Um, like you mentioned
Bob Hintze:with the book, YouMap.
Bob Hintze:John and Connie: Nice.
Bob Hintze:Nice.
Bob Hintze:Yeah.
Bob Hintze:And that was another thing I wanted
Bob Hintze:to call out from, uh, and emphasize
Bob Hintze:what you were saying was, , as the
Bob Hintze:company has grown, you've been each
Bob Hintze:flexible to look at what you're doing.
Bob Hintze:And rather than saying, no, this is my
Bob Hintze:job, I'm going to keep doing this is
Bob Hintze:where, you know, how can you shift for
Bob Hintze:the, I I'm assuming for the benefit
Bob Hintze:of the company in the whole , and,
Bob Hintze:you moving into different areas.
Bob Hintze:And I think that's, uh, that's
Bob Hintze:probably a major key to your success.
Bob Hintze:Would you agree?
Bob Hintze:Yes,
Bob Hintze:John and Connie: So, Mark, you were,
Bob Hintze:your own own company, uh,
Bob Hintze:from, I want to say in the 2000 or
Bob Hintze:mid 2000s until you guys, you just
Bob Hintze:merged in a couple of years ago.
Bob Hintze:Were you guys working very closely
Bob Hintze:together in terms of communication because
Bob Hintze:of the friendship through those years?
Mark Wahl:It's funny
Mark Wahl:you say that.
Mark Wahl:I, there's not a
Mark Wahl:day in the past.
Mark Wahl:19 years that Bob and I haven't spoken
Mark Wahl:five or six or seven times in a day.
Mark Wahl:Um, and when we started the companies or
Mark Wahl:after I started mine, it was a constant.
Mark Wahl:And it was, Oh my God, I just saw this
Mark Wahl:and send a picture over and what is it?
Mark Wahl:Or, and, and through the years we've
Mark Wahl:always talked, we've always shared
Mark Wahl:the secret sauce or however you'd like
Mark Wahl:to describe it as, Hey, I just did
Mark Wahl:this and I think it's going to work.
Mark Wahl:And it we grew right.
Mark Wahl:I mean, we used to track I was it was a
Mark Wahl:year behind their organization and growing
Mark Wahl:kind of at the same pace a year later.
Mark Wahl:So, um, yeah, the communication
Mark Wahl:is has always been there.
Mark Wahl:I mean, again, it's family.
Mark Wahl:If you have to pick up the phone
Mark Wahl:at eight o'clock at night, you
Mark Wahl:know somebody's going to answer.
Mark Wahl:We've all gone through our
Mark Wahl:family challenges, , our family
Mark Wahl:health issues, things like that.
Mark Wahl:And you have more people to lean on.
Mark Wahl:So, from that standpoint, from a business
Mark Wahl:we have even more people to lean on.
Mark Wahl:We have multiple
Mark Wahl:layers of people to lean on.
Mark Wahl:So the communication is, is always
Mark Wahl:there, always will be there.
Mark Wahl:John and Connie: Yeah.
Mark Wahl:You guys are a real blueprint
Mark Wahl:for, for a successful business.
Mark Wahl:Yeah.
Mark Wahl:Family business.
Mark Wahl:This is, this is just amazing.
Mark Wahl:Really glad we're recording this.
Mark Wahl:I have to, I'm going, I sent you guys
Mark Wahl:a list of questions, and I've got
Mark Wahl:one that's come to mind that isn't on
Mark Wahl:the list, so if it's fair game, cool.
Mark Wahl:, Since three of you came from a
Mark Wahl:corporate background, you've also
Mark Wahl:all been through a downsizing.
Mark Wahl:I was, you know, I was a very small
Mark Wahl:RIF, but I had a short corporate
Mark Wahl:career and went through that.
Mark Wahl:That's a painful process.
Mark Wahl:I, it was for me.
Mark Wahl:Um, but also my question
Mark Wahl:really wasn't about that.
Mark Wahl:My question is about, have you
Mark Wahl:been able because of your corporate
Mark Wahl:background to pull some of , the
Mark Wahl:strengths, , the processes , or just
Mark Wahl:the corporate way of doing things
Mark Wahl:into your business and make it work?
Eddy Lai:Was that geared towards
Eddy Lai:anybody or just everybody?
Eddy Lai:John and Connie: I mean, well,
Eddy Lai:whoever comes up with the first idea.
Eddy Lai:Well, Eddie had the HR background, right?
Eddy Lai:Since I spoke up first, I
Eddy Lai:guess I'll be on the hook for the,
Eddy Lai:for a couple of minutes on this.
Eddy Lai:You know, one of the biggest
Eddy Lai:things, especially, uh, being in the
Eddy Lai:corporate background is, you know,
Eddy Lai:I, I don't take that for granted.
Eddy Lai:That, that, that was a lot of
Eddy Lai:learning when I went through college.
Eddy Lai:I, I always wanted to be in,
Eddy Lai:at, back in the day in college,
Eddy Lai:it was called personnel.
Eddy Lai:Right now I'm really dating myself.
Eddy Lai:Um, and then it changed over to
Eddy Lai:human resources, but I always
Eddy Lai:loved to be in personnel.
Eddy Lai:When I got into personnel, I
Eddy Lai:said to myself, why am I here?
Eddy Lai:You know, because I, I got to see
Eddy Lai:a lot of the other sides of it,
Eddy Lai:whether it was a corrective action, a
Eddy Lai:termination, I love the hiring side.
Eddy Lai:That's one thing that I really thrived on
Eddy Lai:John and Connie was that the hiring side,
Eddy Lai:and that's one of the things that I
Eddy Lai:tried to blossom towards and I did.
Eddy Lai:Learned the training side of it.
Eddy Lai:Well, whether it was doing that,
Eddy Lai:uh, extra degrees and 212 degrees
Eddy Lai:or going into, the discovering
Eddy Lai:your strengths with, Don Clifton.
Eddy Lai:And then also the biggest one that
Eddy Lai:impacted me the most going through my
Eddy Lai:corporate career was Stephen Covey and
Eddy Lai:his Seven Habits of Highly Effective
Eddy Lai:People, right, where we, you know, we,
Eddy Lai:at the beginning, especially being owners
Eddy Lai:of the company have to be proactive.
Eddy Lai:To try and see where we're at in
Eddy Lai:the market and see where we're at
Eddy Lai:as a home inspection business as to
Eddy Lai:where the others are in the market.
Eddy Lai:We have, , researchers out there
Eddy Lai:helping us, look at , other businesses
Eddy Lai:as well, whether they're single
Eddy Lai:man, a multi, multi man shop, we're
Eddy Lai:members of a lot of associations.
Eddy Lai:We're highly regarded in that and
Eddy Lai:we pride ourselves on that because
Eddy Lai:one of the things that we really do
Eddy Lai:John and Connie is we really follow
Eddy Lai:habit number seven of The higher
Eddy Lai:habits, which is sharpen the saw.
Eddy Lai:There's never a time where
Eddy Lai:we rest on the laurels.
Eddy Lai:We have to figure out what's next
Eddy Lai:What's going to be coming up next.
Eddy Lai:And for us, you know, we
Eddy Lai:were always looking into the
Eddy Lai:business as to what can we do.
Eddy Lai:And what's our strengths.
Eddy Lai:And, uh, the biggest thing that we
Eddy Lai:do is, , and I think everybody will
Eddy Lai:tell you, this is passion, right?
Eddy Lai:You can't teach somebody passion.
Eddy Lai:You either got to have it in the
Eddy Lai:business or you don't, if you don't
Eddy Lai:have passion in the business, you're
Eddy Lai:probably going to fail in that business.
Eddy Lai:You probably don't want to, you don't
Eddy Lai:care about the business, but that's
Eddy Lai:one of the biggest things that we do
Eddy Lai:is , we make sure we're proactive.
Eddy Lai:Austin with all his, with all the books
Eddy Lai:that are in his background that again,
Eddy Lai:he probably read last weekend, you know,
Eddy Lai:his Christmas list is about 50 books.
Eddy Lai:, and he reads them.
Eddy Lai:I, I try to listen to him, uh, because
Eddy Lai:I, when I read, I fall asleep, but
Eddy Lai:nonetheless, when, uh, when it comes
Eddy Lai:down to these habits of what we do,
Eddy Lai:I can guarantee you when you ask
Eddy Lai:each one of us separately, we'll
Eddy Lai:talk about the passion that we have.
Eddy Lai:For me, it's the passion of becoming
Eddy Lai:a multi inspector firm and having
Eddy Lai:all these families relying on us.
Eddy Lai:And then, , having them grow on their own
Eddy Lai:because a lot of our success, our success
Eddy Lai:is their success because of the fact that
Eddy Lai:we listen to them and the team members as
Eddy Lai:the, Hey, maybe we should start trying to
Eddy Lai:do this or we should start trying to do
Eddy Lai:that because again, uh, some of the best
Eddy Lai:minds are the people that are on your team
Eddy Lai:because they're doing the job every day.
Eddy Lai:So hopefully, uh, that, that
Eddy Lai:was my two minute spurt on it.
Eddy Lai:And if anybody else wants
Eddy Lai:to chime in, I welcome that.
Bob Hintze:of course.
Bob Hintze:I'd like to chime in because
Bob Hintze:it's a little bit different.
Bob Hintze:, I would venture to place a bet that
Bob Hintze:if I didn't have corporate experience
Bob Hintze:waypoint wouldn't be here today.
Bob Hintze:Uh,
Bob Hintze:because , the foundation of what I
Bob Hintze:learned and what I built upon, and
Bob Hintze:it wasn't just with the financial
Bob Hintze:services company that I worked for.
Bob Hintze:I mean, I have a retail background , and,
Bob Hintze:, it goes back to, you know, I really,
Bob Hintze:when I was doing soul searching and
Bob Hintze:decided on home inspection, it was, it
Bob Hintze:went back to when I was the president of
Bob Hintze:the key club in high school or the, The
Bob Hintze:captain of my soccer team when I was in
Bob Hintze:elementary school, or when I, when I was
Bob Hintze:an RA in college, and what was I doing?
Bob Hintze:I was, I was overseeing quote
Bob Hintze:unquote, the operations and, and I
Bob Hintze:would say, keeping people in line or
Bob Hintze:developing people, helping them mature.
Bob Hintze:But I don't think Waypoint would be
Bob Hintze:around if I didn't have corporate
Bob Hintze:experience and, . I see that a
Bob Hintze:lot in today's new inspectors.
Bob Hintze:, Eddie mentioned, we are
Bob Hintze:members of associations.
Bob Hintze:We are looked at, uh, based upon our
Bob Hintze:success, based upon our experience.
Bob Hintze:I see a lot of new inspectors
Bob Hintze:coming into the industry.
Bob Hintze:They take a course, they pass
Bob Hintze:a test and their next, their
Bob Hintze:next step is what do I do now?
Bob Hintze:They don't know what to do and they
Bob Hintze:stumble upon it and they, they become one
Bob Hintze:man shops until they have to close because
Bob Hintze:they don't know how to run a business
Bob Hintze:or so, you know, I learned to run a
Bob Hintze:business through my corporate experience.
Bob Hintze:Through , my work experience, I
Bob Hintze:was able to get a, a master's
Bob Hintze:in project management.
Bob Hintze:So, I'm very, very analytical.
Bob Hintze:I'm very anal.
Bob Hintze:I don't want to say to a fault, but I want
Bob Hintze:to make sure that at least 90 percent of
Bob Hintze:the plan is done before we initiate it.
Bob Hintze:And, I have Mark and Eddie
Bob Hintze:and even Austin at times saying
Bob Hintze:80 percent is good enough.
Bob Hintze:Let's get there and get it done.
Bob Hintze:But the other thing, aside from
Bob Hintze:the operations and the project
Bob Hintze:management, , I believe in, in.
Bob Hintze:replacing yourself and, , did that
Bob Hintze:a lot prior to starting Waypoint,
Bob Hintze:you know, my job going in was
Bob Hintze:to find somebody to replace me.
Bob Hintze:It gives me opportunities to move up
Bob Hintze:and it gives them an opportunity to
Bob Hintze:grow and I've had to think back upon
Bob Hintze:the last 19 years when I was wearing
Bob Hintze:all the hats to run the company from
Bob Hintze:operations to, you know, administration
Bob Hintze:to customer service to inspecting, you
Bob Hintze:know, what, what did I have to do is I
Bob Hintze:had to replace myself a little at a time.
Bob Hintze:And even, even recently, , in, in
Bob Hintze:doing the merge and all that, uh,
Bob Hintze:there are different aspects of,
Bob Hintze:of the job that we had to sit down
Bob Hintze:and, and I had to replace myself.
Bob Hintze:So I would say I'll end it with, uh,
Bob Hintze:the best thing that I learned through
Bob Hintze:my corporate experience and, and ongoing
Bob Hintze:with my waypoint experience is to get out
Bob Hintze:of my own way and let somebody else step
Bob Hintze:in and do it and probably do it better.
Bob Hintze:John and Connie: Wow.
Bob Hintze:Nice.
Bob Hintze:Nice.
Bob Hintze:Two hard acts to follow Mark.
Bob Hintze:You wanna try or you think that's good?
Mark Wahl:Yeah, it's it's they've
Mark Wahl:always been hard acts to follow.
Mark Wahl:Um, my corporate life wasn't at
Mark Wahl:the management level they were at.
Mark Wahl:I mean, I was working
Mark Wahl:for an insurance broker.
Mark Wahl:I mean, I ran my own department, but
Mark Wahl:it was I bring the insurance knowledge
Mark Wahl:and and wherewithal with that to the
Mark Wahl:industry because obviously in the state of
Mark Wahl:Florida, insurance is a four letter word.
Mark Wahl:And, we do a lot of talking about
Mark Wahl:not only our coverages, but when
Mark Wahl:we're talking with clients and talking
Mark Wahl:about with realtors, about what they
Mark Wahl:need and what they don't need, that's
Mark Wahl:where a lot of my knowledge comes
Mark Wahl:in, having done that for 27 years.
Mark Wahl:Um, so it's, it's a little bit
Mark Wahl:different cause I did not have the
Mark Wahl:management skills that they had.
Mark Wahl:And to that point, the three of them,
Mark Wahl:including Austin, have actually taught
Mark Wahl:me a lot about management and about
Mark Wahl:managing people and how to say things.
Mark Wahl:My wife happened to be a high level
Mark Wahl:manager and she is the same way.
Mark Wahl:She's like, you can't say that to them.
Mark Wahl:And
Mark Wahl:Bob's
Bob Hintze:You can say it,
Bob Hintze:you just can't say that way!
Mark Wahl:Say it after he said it.
Mark Wahl:So it's, it's been a big change.
Mark Wahl:And it was a, that.
Mark Wahl:One of the funniest stories I can
Mark Wahl:remember when Bob and I both started
Mark Wahl:switching over to having somebody answer
Mark Wahl:our phones, we were both panicking
Mark Wahl:because our cell phones weren't ringing,
Mark Wahl:but it was ringing somewhere else.
Mark Wahl:And we didn't realize you didn't have
Mark Wahl:to be in an attic and answer a phone
Mark Wahl:or be on a roof and answer a phone.
Mark Wahl:Somebody else is actually very good
Mark Wahl:at it and they did better than we did.
Mark Wahl:So
Mark Wahl:John and Connie: it was that awareness
Mark Wahl:of not being the one man shop anymore
Mark Wahl:and making that transition in your
Mark Wahl:head as well as in the business.
Mark Wahl:correct.
Mark Wahl:And then as Bob referenced, We
Mark Wahl:have five people in the Philippines
Mark Wahl:who who answer our phones.
Mark Wahl:So the globe has gotten very tiny.
Mark Wahl:John and Connie: Yes, it has.
Mark Wahl:Yes it has.
Mark Wahl:Alright, thank you guys.
Mark Wahl:Austin, tell me about your experience
Mark Wahl:in the business, , since, do you
Mark Wahl:have a corporate, did you work in
Mark Wahl:corporate outside the business before
Mark Wahl:you joined the business, and, and
Mark Wahl:otherwise, just, what is your place
Mark Wahl:in the business, what do you do?
Austin Hintze:so this was pretty
Austin Hintze:much my 1st, I would consider
Austin Hintze:a professional career, started
Austin Hintze:part time in college as Bob.
Austin Hintze:Before working for Waypoint, I was
Austin Hintze:working at big lots, so had a nice retail
Austin Hintze:job where I was unloading the trucks or
Austin Hintze:stocking the shelves or, you know, your,
Austin Hintze:your first starter job, essentially, and.
Austin Hintze:Right around the time that I joined
Austin Hintze:Waypoint was when there was a
Austin Hintze:noticeable growth in the amount of
Austin Hintze:inspections that were coming in.
Austin Hintze:And one of the things within our
Austin Hintze:business is there's a balance between
Austin Hintze:marketing and inspectors, right?
Austin Hintze:Every business is like that, but balance
Austin Hintze:between bringing in business and having
Austin Hintze:people that can fulfill the jobs.
Austin Hintze:And it was starting to snowball at that
Austin Hintze:point where There was a need now for more
Austin Hintze:marketing, so I was one of the ones on
Austin Hintze:the marketing team to go out and meet with
Austin Hintze:realtors and give presentations, promote
Austin Hintze:the business, help build the brand and
Austin Hintze:help to build up a marketing team there,
Austin Hintze:uh, did that for a couple of years.
Austin Hintze:Then my role shifted
Austin Hintze:to focus on the office.
Austin Hintze:So, as Mark mentioned earlier on in
Austin Hintze:the business, there were other people
Austin Hintze:answering the phones outside call
Austin Hintze:centers that we had basically contracted.
Austin Hintze:And then we made a decision, well,
Austin Hintze:let's bring the calls in house.
Austin Hintze:Let's hire local people and start
Austin Hintze:answering the phones ourselves.
Austin Hintze:And I was one of The first ones on
Austin Hintze:the phone's booking inspections,
Austin Hintze:so I was doing all the scheduling.
Austin Hintze:I was answering the questions sitting
Austin Hintze:in the office, basically managing
Austin Hintze:the schedule of the inspectors and
Austin Hintze:then help build up the office team.
Austin Hintze:And then from there, my focus shifted
Austin Hintze:more on general operations in the company.
Austin Hintze:So learning more about the financials,
Austin Hintze:learning about the numbers,
Austin Hintze:learning about how the business
Austin Hintze:runs and how it needs to grow.
Austin Hintze:Um, really focusing on systems.
Austin Hintze:Our website back then was, um, we
Austin Hintze:can say like a late 1990s website.
Austin Hintze:And we were a much bigger and
Austin Hintze:mature company at that point.
Austin Hintze:So it was time for an upgrade.
Austin Hintze:Um, so I started diving a lot into our
Austin Hintze:systems where we're using the best phone
Austin Hintze:system, the best email provider, the best
Austin Hintze:website, the best scheduling platform.
Austin Hintze:And that became a lot of
Austin Hintze:my focus was on efficiency.
Austin Hintze:And how do we build out tools that help
Austin Hintze:support the company and its growth?
Austin Hintze:Um, and then to where I am now, um,
Austin Hintze:CEO of the company focusing more
Austin Hintze:on strategy, focusing on long term
Austin Hintze:opportunity, um, focusing a lot on
Austin Hintze:what's going on in the industry,.
Austin Hintze:We had so much business during covid,
Austin Hintze:um, which we were very fortunate
Austin Hintze:because of all the people that were
Austin Hintze:moving to Florida, whereas a lot of
Austin Hintze:the colleagues we know in the industry
Austin Hintze:in northern states were losing so
Austin Hintze:much business either because their
Austin Hintze:shutdowns were much more severe or
Austin Hintze:people were just leaving those areas.
Austin Hintze:So we had a huge bump during COVID.
Austin Hintze:Last year, that bump started to go
Austin Hintze:away for almost every region that
Austin Hintze:experienced a bump in business.
Austin Hintze:And so all the growth we had experienced
Austin Hintze:was now sort of turning down, right?
Austin Hintze:And we had a tough few months that we,
Austin Hintze:you know, we're really strategizing around
Austin Hintze:how are we going to make it through this
Austin Hintze:downturn to where things pick back up
Austin Hintze:again, um, without having to downsize
Austin Hintze:the team, without having to make major
Austin Hintze:cuts in different parts of the business.
Austin Hintze:So that's where a lot of my focus was,
Austin Hintze:and our focus was, is leading those
Austin Hintze:kinds of conversations while also looking
Austin Hintze:forward as to what is coming so that
Austin Hintze:we can be properly positioned for that.
Austin Hintze:Um, so I don't have any
Austin Hintze:corporate background.
Austin Hintze:I've actually never done
Austin Hintze:a home inspection myself.
Austin Hintze:I've learned a lot through all the
Austin Hintze:stuff I've done with marketing,
Austin Hintze:through answering the phones,
Austin Hintze:talking to the inspectors, but
Austin Hintze:I'm not a licensed inspector.
Austin Hintze:Just focus more on the
Austin Hintze:business side of things.
Austin Hintze:But a lot of what I spend my time
Austin Hintze:on as well is with that networking
Austin Hintze:with colleagues in the industry.
Austin Hintze:So, as Bob and Mark have mentioned,
Austin Hintze:we're part of associations.
Austin Hintze:We're also part of coaching
Austin Hintze:groups that are nationwide for
Austin Hintze:home inspection business owners.
Austin Hintze:So every quarter we get together.
Austin Hintze:Yeah, we get
Austin Hintze:together and we talk about
Austin Hintze:what's the state of our business.
Austin Hintze:What are you doing that's working?
Austin Hintze:What do you need help with?
Austin Hintze:And given the size of our company, we're
Austin Hintze:sitting in a room with companies that
Austin Hintze:are bringing in 15 million, 20 million
Austin Hintze:in revenue a year, which is a lot bigger
Austin Hintze:than us, but people that are willing to
Austin Hintze:help us and willing to take our ideas
Austin Hintze:and implement it in their business.
Austin Hintze:then about two years ago, I
Austin Hintze:also joined Vistage, which is a
Austin Hintze:national CEO coaching organization.
Austin Hintze:They have more local chapters.
Austin Hintze:So where I live is a Vistage chapter
Austin Hintze:that I meet with on a monthly basis.
Austin Hintze:And that's business
Austin Hintze:owners in all industries.
Austin Hintze:So monthly I'm getting together with
Austin Hintze:industry leaders that are not at all
Austin Hintze:related to home inspections, but are
Austin Hintze:still bringing a perspective that
Austin Hintze:can get us out of our bubble to a
Austin Hintze:degree and help bring in new fresh
Austin Hintze:ideas as to how we can innovate.
Austin Hintze:So that's kind of where I started just,
Austin Hintze:you know, part time marketing, marketing
Austin Hintze:ourselves to real estate agents.
Austin Hintze:And where I am today is both helping
Austin Hintze:lead strategy while also really taking
Austin Hintze:in as much information as I can from
Austin Hintze:colleagues, both within and outside
Austin Hintze:the industry to make sure that we're
Austin Hintze:continuing to go forward successfully.
Austin Hintze:John and Connie: Nice.
Austin Hintze:Well, it sounds like you've worked in
Austin Hintze:pretty much every department of the
Austin Hintze:business except the field inspection.
Austin Hintze:So kudos to that.
Austin Hintze:And, um, I, I love that you talked
Austin Hintze:about, you brought out the idea
Austin Hintze:of the collaboration with, with
Austin Hintze:peers that are not competitors.
Austin Hintze:, I had a cousin, uh, and her husband,
Austin Hintze:, they were second generation in a family
Austin Hintze:auto repair business, and they attributed
Austin Hintze:a great deal of their continuity and their
Austin Hintze:growth and success to being part of the
Austin Hintze:coaching organization that was specific to
Austin Hintze:their industry, but they would, you know,
Austin Hintze:all of the people that they met with on a
Austin Hintze:regular basis were not local competitors.
Austin Hintze:So there was no concern about, you
Austin Hintze:know, bringing it, putting everything
Austin Hintze:on the table and asking for help
Austin Hintze:or, , listening to getting ideas.
Austin Hintze:And so I love that you're
Austin Hintze:doing that two different ways.
Austin Hintze:That's, that's awesome.
Austin Hintze:Yeah, and if I can
Austin Hintze:just add real quick to that, John,
Austin Hintze:so, it's a little bit unique for
Austin Hintze:our coaching group because we do
Austin Hintze:actually have competitors in the room.
Austin Hintze:So we have a company that's
Austin Hintze:about 30 minutes south of us.
Austin Hintze:We have a company that's based
Austin Hintze:in Orlando that are both really
Austin Hintze:big players in our industry and.
Austin Hintze:I think there's, there's a
Austin Hintze:couple of things at play.
Austin Hintze:It's a level of trust that there's
Austin Hintze:enough business out there that we can
Austin Hintze:all collectively still work together,
Austin Hintze:even if we're in each other's backyards.
Austin Hintze:And it helps elevate the
Austin Hintze:industry as a whole, right?
Austin Hintze:But I think it's also, you get to a
Austin Hintze:certain level in the business to where you
Austin Hintze:realize one, there's no real golden secret
Austin Hintze:that you're doing that I'm not doing.
Austin Hintze:And even if there is, just cause it's
Austin Hintze:working for you, it doesn't mean I'm going
Austin Hintze:to take it and it's going to work for
Austin Hintze:me, Right.
Austin Hintze:Cause it works different for everybody.
Austin Hintze:Um, But it's just, we were definitely
Austin Hintze:in that mindset when we were a
Austin Hintze:smaller company is we got to keep
Austin Hintze:everything close to the chest.
Austin Hintze:We can't tell anybody anything
Austin Hintze:because we're vulnerable.
Austin Hintze:We, you know, we can be
Austin Hintze:wiped out in an instant.
Austin Hintze:And just when you reach a certain
Austin Hintze:size, you realize that that's just
Austin Hintze:not, it's not going to happen.
Austin Hintze:And it's not how things are
Austin Hintze:working, at least in our industry.
Austin Hintze:So yeah, all those meetings that I go to,
Austin Hintze:we have big competitors in our markets
Austin Hintze:that are in there and we all openly share
Austin Hintze:with each other and just try and make sure
Austin Hintze:we're all moving forward successfully.
Austin Hintze:John and Connie: I love hearing that.
Austin Hintze:Yeah, you it's interesting
Austin Hintze:that you mentioned size.
Austin Hintze:I one of my tenets is that the the growth
Austin Hintze:of the owner is what restricts the growth
Austin Hintze:of the business and the business grows in
Austin Hintze:proportion to the owner's personal growth.
Austin Hintze:And so, you know, I'm hearing, even
Austin Hintze:though you're talking about the business
Austin Hintze:growing, I'm also hearing and of course,
Austin Hintze:because Bob has said about training
Austin Hintze:people and so forth and Eddie, uh, that.
Austin Hintze:You know, the developing people and that
Austin Hintze:sense of interest in personal growth has
Austin Hintze:led to an awareness of what you just said.
Austin Hintze:There's plenty for everybody.
Austin Hintze:It's a matter of how you conduct
Austin Hintze:your business rather than
Austin Hintze:who you're competing against.
Bob Hintze:Yeah, there
Bob Hintze:was a tipping point.
Bob Hintze:, I would say within the last couple of
Bob Hintze:years with our leadership team where they
Bob Hintze:went from being followers to leaders.
Bob Hintze:, We have a great leadership team, but
Bob Hintze:for the longest time, they would wait.
Bob Hintze:They would wait for us to
Bob Hintze:guide them and wait for us to.
Bob Hintze:To give them instructions, and
Bob Hintze:I'd say it was a challenge because
Bob Hintze:we knew they had the talent.
Bob Hintze:We knew they had the, uh, the
Bob Hintze:energy and, and I would say
Bob Hintze:we knew they had the passion.
Bob Hintze:It was just, you know, again,
Bob Hintze:you're, you're dealing with
Bob Hintze:four owners, not just one.
Bob Hintze:So, you know, you want to make
Bob Hintze:sure you keep mom, dad and.
Bob Hintze:Step mom and step dad happy or, or
Bob Hintze:however it is, but it was a tipping point.
Bob Hintze:Um, it was individual points for,
Bob Hintze:for our leaders, but now it's,
Bob Hintze:uh, again, like I said, uh, I'm
Bob Hintze:going to get out of their way.
Bob Hintze:I'm here to guide them.
Bob Hintze:I'm here to nudge them.
Bob Hintze:Um, but I think we all feel that way with
Bob Hintze:our, with our leadership team, for the
Bob Hintze:most part, that they can lead the company.
Bob Hintze:We, we always, you know, we sit in a room
Bob Hintze:and told them, you know, we all want to
Bob Hintze:go on, you know, all the owners who want
Bob Hintze:to go on, uh, Uh, three month cruise.
Bob Hintze:Are you going to run the business for us?
Bob Hintze:You know, and, and, you know, we're
Bob Hintze:getting to the point where we could
Bob Hintze:literally go on a three month cruise and
Bob Hintze:with with a little input, probably feel
Bob Hintze:confident that, you know, the company
Bob Hintze:at least be here when we come back.
Bob Hintze:But, um,
Bob Hintze:is that tipping point, you know, is, is
Bob Hintze:to get, to get them the confidence that
Bob Hintze:they can make the decisions without,
Bob Hintze:without always having to run things by us.
Bob Hintze:You know, when, when I worked for the
Bob Hintze:financial company, I had a boss who told
Bob Hintze:me, I'm going to let you do whatever
Bob Hintze:you want, as long as it's legal.
Bob Hintze:And it doesn't get me in trouble.
Bob Hintze:And that I learned a lot from that is,
Bob Hintze:you know, you do what you have to do
Bob Hintze:to run the business and you do have
Bob Hintze:your guidelines and you have to keep
Bob Hintze:things legal, but you know, here's
Bob Hintze:the ball, take it and run with it.
Bob Hintze:And I think we have a good team
Bob Hintze:in place that, that can do that.
Bob Hintze:John and Connie: So that's a
Bob Hintze:wonderful place to put a pin.
Bob Hintze:You mentioned tipping point.
Bob Hintze:So can you identify
Bob Hintze:that more specifically?
Bob Hintze:What drove , that tip, what pushed
Bob Hintze:them over that tipping point?
Bob Hintze:I'm going to ask, I'm going
Bob Hintze:to, I'm going to, cause you, you work
Bob Hintze:more directly with them, but I'm going
Bob Hintze:to, and like I said, it wasn't the same.
Bob Hintze:time and place for everybody.
Bob Hintze:Each person has, you know, has
Bob Hintze:a different point, but Eddie,
Bob Hintze:Eddie works within his role.
Bob Hintze:He works more closely with our
Bob Hintze:leadership team, but, you know, you could
Bob Hintze:probably say that better than I could.
Eddy Lai:Yeah, thank you, Bob.
Eddy Lai:And it's a very good question you have,
Eddy Lai:John, because, you know, when, when
Eddy Lai:is, like Bob had said, you know, what,
Eddy Lai:when do you get out of your own way?
Eddy Lai:And that's the biggest thing is, you know,
Eddy Lai:you know, when do you think you're ready?
Eddy Lai:You know, it's like your
Eddy Lai:kids growing up, you know.
Eddy Lai:Should we really trust
Eddy Lai:them driving the car?
Eddy Lai:You know, cause now driving a car
Eddy Lai:is a lot big difference, right?
Eddy Lai:Just like a, a book that I read that
Eddy Lai:I'm, that holds near and dear to me is
Eddy Lai:a Monday morning leadership, um, where
Eddy Lai:they say there's a big difference.
Eddy Lai:Between being a driver
Eddy Lai:and being a passenger.
Eddy Lai:When you become that driver, you have
Eddy Lai:a lot of responsibilities to which is
Eddy Lai:where I challenged the leadership team
Eddy Lai:is now that you're a leader, you know,
Eddy Lai:how do you differentiate because you can
Eddy Lai:no longer do some of the things you were
Eddy Lai:doing when you were a passenger, right?
Eddy Lai:You can't check your cell phone.
Eddy Lai:You can't talk to the people in
Eddy Lai:the back by turning your head.
Eddy Lai:You know, you
Eddy Lai:got to keep your eye focused on the road.
Eddy Lai:So how do you keep that?
Eddy Lai:And how do you keep that in balance?
Eddy Lai:But the main thing for me is to, when
Eddy Lai:I, when I felt when they, you got to
Eddy Lai:make sure they're ready to blossom and
Eddy Lai:you got to ask them where they're at.
Eddy Lai:And that's like one of the things
Eddy Lai:that Bob had mentioned earlier,
Eddy Lai:, before regards to, uh, coaching up.
Eddy Lai:And then, find your replacement.
Eddy Lai:I was trained to do that as well
Eddy Lai:in the corporate world, right?
Eddy Lai:Every, every time you, every time,
Eddy Lai:wherever you go, you got to find
Eddy Lai:your replacement because if you're,
Eddy Lai:if you're being replaced, that means
Eddy Lai:somebody's growing and that means
Eddy Lai:you're growing somewhere else, right?
Eddy Lai:Where Austin came in from marketing.
Eddy Lai:, and he was our replacement as a CEO.
Eddy Lai:You may think that, Hey,
Eddy Lai:you know what, , he's young.
Eddy Lai:He doesn't know what he's doing.
Eddy Lai:. He's not done an inspection.
Eddy Lai:, so how does he know about
Eddy Lai:the inspection business?
Eddy Lai:Doesn't need to know about the inspection
Eddy Lai:business because he came in from the other
Eddy Lai:side of it from , a, new generation,
Eddy Lai:, where he can learn like things
Eddy Lai:that we didn't think about because,
Eddy Lai:we're, we're getting in our way.
Eddy Lai:So for our leaders, the biggest thing
Eddy Lai:for me was to get out of their way.
Eddy Lai:Make sure that we understand
Eddy Lai:that we trained them.
Eddy Lai:Well, we gave them all the information,
Eddy Lai:all the knowledge now, granted, there's
Eddy Lai:going to be times where they'll come
Eddy Lai:back to you and say, hey, you know,
Eddy Lai:here's what I think that's the biggest
Eddy Lai:thing is, you know, I always say,
Eddy Lai:don't come to me with a question.
Eddy Lai:Come with me with a thought.
Eddy Lai:Come with me with the entire thought.
Eddy Lai:Here's my questions, here's
Eddy Lai:what I think we should do.
Eddy Lai:And this is what we think, this is
Eddy Lai:where I think we'll end up, right?
Eddy Lai:So again, another part of Stephen
Eddy Lai:Covey, begin with the end in mind.
Eddy Lai:What's the focus?
Eddy Lai:You know, let's figure out,
Eddy Lai:why do you want this change?
Eddy Lai:And how do we go about this change?
Eddy Lai:And do we have the right
Eddy Lai:people for this change?
Eddy Lai:Because there was some times we didn't
Eddy Lai:have the right people in the right seats.
Eddy Lai:, we had to make that decision.
Eddy Lai:, but in, in regards to where they're at
Eddy Lai:now, they're, you know, you grow them,
Eddy Lai:you nourish them, and you challenge
Eddy Lai:them, and you set them on their way.
Eddy Lai:And, and all you can do is encourage,
Eddy Lai:you know, because I think we're, we're
Eddy Lai:very big on the encouraging side.
Eddy Lai:And that's, that's where I
Eddy Lai:think, uh, makes the difference
Eddy Lai:right now is teach them.
Eddy Lai:And then let them let them go and get out
Eddy Lai:of their way my short end of the story.
Eddy Lai:John and Connie: All
Eddy Lai:right.
Eddy Lai:we're,
Austin Hintze:If I may add just,
Austin Hintze:last thing John, that I think was pretty
Austin Hintze:impactful is, is transparency, right?
Austin Hintze:So with our leadership team, we made
Austin Hintze:a very clear decision probably two to
Austin Hintze:three years ago to be very transparent
Austin Hintze:with them as to where they are.
Austin Hintze:What are goals are this year
Austin Hintze:and what numbers we need to hit?
Austin Hintze:Where are failings right now in the
Austin Hintze:company that we need to focus on?
Austin Hintze:And so that level of transparency
Austin Hintze:demystifies the behind the scenes
Austin Hintze:a bit for the leadership team
Austin Hintze:and gives them more direct.
Austin Hintze:Information that they can take
Austin Hintze:action on to help drive towards those
Austin Hintze:goals and it's transparency in both
Austin Hintze:the good times and the bad times.
Austin Hintze:Like I said, last year was, um, it was
Austin Hintze:turning out to be a pretty rough year with
Austin Hintze:the way the market was going and we were
Austin Hintze:very transparent with our leadership team.
Austin Hintze:This is our cash runway.
Austin Hintze:This is how much time we have to start
Austin Hintze:figuring out how we're going to turn
Austin Hintze:things around before these conversations
Austin Hintze:are going to be different, right?
Austin Hintze:And not putting all the responsibility on
Austin Hintze:them, but empowering them to understand
Austin Hintze:where the company was at and encouraging
Austin Hintze:them, as Eddie said, to come up with
Austin Hintze:ideas because they're the ones on the
Austin Hintze:front lines now that are doing the
Austin Hintze:frontline business day in and day out.
Austin Hintze:And so they're our best source of coming
Austin Hintze:up with new ideas of how we're going to do
Austin Hintze:things differently and turn things around.
Austin Hintze:So I think it's everything Bob and Eddie
Austin Hintze:said, in addition to the transparency of
Austin Hintze:information that gives them the ability
Austin Hintze:to act independently , or act with,
Austin Hintze:, more of their own ideas that they can
Austin Hintze:bring to us versus the other way around.
Austin Hintze:John and Connie: Wonderful.
Austin Hintze:And thank you for clarifying that.
Bob Hintze:And I think that's the pride.
Bob Hintze:Okay, I think that
Bob Hintze:surprises them too, John,
Bob Hintze:that
Bob Hintze:John and Connie: are non
Bob Hintze:family members, right?
Bob Hintze:Non family members,
Bob Hintze:and it's almost top to bottom with
Bob Hintze:the company, and the thing of it
Bob Hintze:is, is one of the things that I hear
Bob Hintze:that I've never heard in any other
Bob Hintze:position I've had or that is, is the
Bob Hintze:owners of this company are so open.
Bob Hintze:And they, they care about us.
Bob Hintze:And, you know, I've been in
Bob Hintze:this ecosystem for 19 years.
Bob Hintze:So it's hard for me to get out and
Bob Hintze:see what what others are experiencing.
Bob Hintze:But to hear that from top down
Bob Hintze:in our company, you know, we've
Bob Hintze:got a good thing going on.
Bob Hintze:And as long as we let them feel
Bob Hintze:the same way, and they're a part of
Bob Hintze:it, we've got a really solid team.
Bob Hintze:John and Connie: Yes.
Bob Hintze:Yes.
Bob Hintze:Well, that transparency engenders trust
Bob Hintze:and, and that's, uh, you're really
Bob Hintze:extending that, uh, family bubble , in
Bob Hintze:that sense , to those, all your leadership
Bob Hintze:team, because in, within the family,
Bob Hintze:you kind of know, , all know each other's
Bob Hintze:stuff , and, you, and so, yeah, you can
Bob Hintze:protect your, the person, really personal
Bob Hintze:family stuff, , but by not protecting
Bob Hintze:, the, knowledge about the business, about
Bob Hintze:what's going on in the business you
Bob Hintze:just, you build, you extend that family.
Bob Hintze:That's, I love it.
Bob Hintze:Well, and ideas come from
Bob Hintze:very different places too.
Bob Hintze:Oh my gosh, yes.
Bob Hintze:Yeah, you know, that's Listening
Bob Hintze:to your, listening to your people.
Bob Hintze:Oh, exactly.
Bob Hintze:This is a master's class on how
Bob Hintze:to start a business and run it.
Bob Hintze:Congratulations to all four of you.
Bob Hintze:Yes.
Bob Hintze:For, for, for having the Moxie, so to
Bob Hintze:speak, of, of being able to pull this off.
Bob Hintze:This is amazing.
Bob Hintze:Well, and
Eddy Lai:thank you so much!
Eddy Lai:John and Connie: The theme, you know, the
Eddy Lai:consistent theme all through all four of
Eddy Lai:you has been about getting out of your own
Eddy Lai:way, getting out of other people's way.
Eddy Lai:And, it's all low ego, right?
Eddy Lai:Nobody's trying to defend their territory,
Eddy Lai:or their identity, and that's so huge.
Eddy Lai:Yeah.
Eddy Lai:And to
Eddy Lai:to all
Eddy Lai:to that point, I think about it, I
Eddy Lai:think I've thought about it, way back
Eddy Lai:when to now, you know, you got to look
Eddy Lai:at Mark, , when it was myself, Bob and
Eddy Lai:Austin and Mark was over there on the
Eddy Lai:East coast, managing the whole, , his
Eddy Lai:side of the company and his own, the
Eddy Lai:company himself, , so Mark has come from,
Eddy Lai:, running the entire company and then now
Eddy Lai:from a single owner to now, Oh my God,
Eddy Lai:I got to share my thoughts with Bob,
Eddy Lai:Austin, and, Eddie now, , and then to see
Eddy Lai:that that transition went through pretty
Eddy Lai:seamlessly, , is definitely , a testimony
Eddy Lai:, to his openness in regards to the merger
Eddy Lai:itself, because he could have just said,
Eddy Lai:no, I'm not going to listen to you guys.
Eddy Lai:I'm going to do it myself.
Eddy Lai:I've done it my way for how many years?
Eddy Lai:, but he knows that he
Eddy Lai:wanted to grow as well.
Eddy Lai:, because again, , we all have our limits.
Eddy Lai:And this is just, that was one of
Eddy Lai:the reasons why we decided to merge
Eddy Lai:and one of the reasons why, you know,
Eddy Lai:Austin had approached Bob, excuse
Eddy Lai:me, Mark, in that a few years ago.
Eddy Lai:John and Connie: You guys
Eddy Lai:are freaking amazing.
Eddy Lai:I'm so happy did this.
Eddy Lai:Yeah.
Eddy Lai:, I'm gonna thank, , Ryan, again, for
Eddy Lai:introducing us and inviting us to that
Eddy Lai:event because that's where Eddie and
Eddy Lai:I met and started this conversation.
Eddy Lai:Well, again, thank you so much
Eddy Lai:for joining us and, uh, and
Eddy Lai:giving us this hour of your time.
Eddy Lai:We appreciate that.
Eddy Lai:Look forward to letting you know when this
Eddy Lai:is published and then, help promote it
Eddy Lai:and bring more attention to your business.
Eddy Lai:Well, we're
Eddy Lai:very excited about it.
Eddy Lai:One of the reasons why I wanted to get
Eddy Lai:together, John and Connie, when you
Eddy Lai:first approached me in this regards
Eddy Lai:is, you know, share the story, um,
Eddy Lai:because if, if we don't share it,
Eddy Lai:you know, people won't hear about it.
Eddy Lai:, and when people , don't hear about
Eddy Lai:it, then, they don't get to learn.
Eddy Lai:My biggest thing is, , you touch
Eddy Lai:people's lives on a daily basis.
Eddy Lai:, what imprint do you want to
Eddy Lai:leave when you touch them?
Eddy Lai:How do you make them feel when they leave?
Eddy Lai:Do you make them feel good
Eddy Lai:about their approach to you?
Eddy Lai:Want to make them feel like the guy who
Eddy Lai:blew their horn at you at a red stoplight?
Eddy Lai:I want to be the positive side of it
Eddy Lai:And you know, my biggest thing is is
Eddy Lai:you know, be the change you want to
Eddy Lai:see that's been my biggest model Be
Eddy Lai:the change you want to see because
Eddy Lai:in order to do it well, you have to
Eddy Lai:do it every day You have to live it.
Eddy Lai:John and Connie: Lead by example.
Eddy Lai:I love it.
Eddy Lai:All right.
Eddy Lai:Well, I'm going to, uh, call
Eddy Lai:an end to our recording.