In this episode of the Default Profitable podcast, host Matt Nettleton interviews Phil Schumacher, a plumbing entrepreneur who shares his journey from a career in criminal justice to starting his own plumbing business. Phil is someone who truly understands the power of integrity and expertise in the service industry. As the leader of Prime Plumbing & Drains, they’ve built a company known for ethical business practices, high-quality workmanship, and a refreshing no-BS approach to plumbing. Whether you’re a homeowner, a business owner, or someone who just wants to hear what it takes to build a thriving service-based company, you’re in for a great conversation today. Let’s dive in!

Takeaways

• Planning and preparation were crucial before launching his business.
• Phil's initial plan was about 50% accurate in hindsight.
• Employee training and values are essential for business success.
• Phil aims for his work to reflect pride and quality.
• His business reputation is tied to his family's name.

You can learn more about Phil on LinkedIn https://www.linkedin.com/in/philip-schumacher-32606a91/ or his company website https://primeplumbingdrains.com/

• Travis Brown shares his journey of starting Mojo Marketing and Media.
• The importance of balancing family life and business responsibilities.
• Starting a business during COVID presented unique challenges.
• Self-awareness is crucial for recognizing strengths and weaknesses.
• Hiring a fractional CFO helped Travis understand financials better.
• Many entrepreneurs lack a comprehensive business plan before starting.
• Understanding client acquisition is vital for business success.
• Remote work can hinder collaboration and efficiency for some individuals.
• Patience and profitability should be prioritized in business growth.
• Building a strong team is essential for long-term success.

you can learn more about Travis and his company on linkedin https://www.linkedin.com/in/travisjaydenbrown/ or his company website https://mojoup.com/

• Jeff Godby is the second-generation owner of Godby Home Furnishings.
• The business started with a $5,000 investment and has grown to $40 million in sales.
• Transitioning leadership in a family business can be challenging but necessary.
• Company culture is crucial for employee retention and satisfaction.
• Showing up consistently is key to business success.
• Profit is essential for sustainability and should not be viewed negatively.
• Community involvement is important for local businesses.
• Hiring trustworthy employees allows for effective delegation.
• Navigating external challenges is a significant part of running a business.
• The American dream is alive through entrepreneurship.

You can learn more about Jeff at his ompany website https://www.godbyhomefurnishings.com/

In this episode of the Default Profitable podcast, host Matt Nettleton speaks with Joel Sheets, co-owner of Black Tie Builders, about his journey in the home services industry. Joel shares insights on starting and growing a home remodeling business, the importance of passion in work, and the lessons learned from scaling a business. He emphasizes the significance of financial management, building strong relationships with contractors, and the value of education for aspiring entrepreneurs. The conversation highlights the balance between work and family life, and the desire to create a fulfilling business that allows for quality time with loved ones.

You can learn more about Joel on Linkedin https://www.linkedin.com/in/joelsheets/ or his company website https://www.blacktiebuilders.com/

Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

In this episode of the Default Profitable podcast, host Matt Nettleton interviews Matt Crowder, a successful entrepreneur who transitioned from a corporate job to starting his own business. They discuss Crowder's journey, the challenges he faced, particularly during the COVID-19 pandemic, and how he adapted his business model from photography to laser scanning services. Crowder shares valuable insights on the importance of market research, building relationships, and the necessity of continuous learning in entrepreneurship. The conversation also touches on the future of business with the integration of technology and AI.

You can learn more about on linkedin https://www.linkedin.com/in/mattscrowder/ or his company website https://mapp3dsolutions.com/

Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

• "I wanted to run profitable businesses."
• "We help homeowners care for their homes."
• "We want to deliver incredible service."
• "Ask for help, be vulnerable."

You can learn more about Dan on LinkedIn https://www.linkedin.com/in/danhanrahan/ or his company website https://neighborserve.com/

Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built

• Jennifer Pope Baker is the founder and CEO of MVP Giving.
• Philanthropy education is crucial for young adults.
• Not all charities are created equal; due diligence is essential.
• Understanding the nonprofit sector's language is vital for athletes.
• Patience is key when starting a new business.
• Having a second set of eyes on your work is important.
• Start with experts like lawyers and accountants.
• Jennifer emphasizes the importance of legacy in giving.
• Bold and transformative giving requires time and investment.
• Navigating nonprofit challenges requires understanding their operations.

• "You need partners to do that."
• "Not all charities are created equal."
• "Patience is really what it is.

You can learn more about Jennifer on LinkedIn https://www.linkedin.com/in/jenniferpopebaker/

In this episode of the Default Profitable podcast, host Matt Nettleton speaks with Chris Konow, CEO of Clean Slate Technology Group. They discuss Chris's journey from a liberal arts background to leading a technology consulting firm, the challenges of transitioning from sales to a leadership role, and the importance of building a strong company culture. Chris shares insights on the responsibilities of a CEO, the need for agility in business, and the value of fostering talent within the organization. The conversation also touches on the future of technology and the opportunities available in the industry.

You can learn more about Chris on LinkedIn https://www.linkedin.com/in/christopher-konow/ or his company website https://www.cleanslatetg.com/

Subscribe to the Default Profitable podcast on your favorite podcast platform or visit http://defaultprofitable.com for 100+ episodes about how Indianapolis businesses get built