Mar 23, 2024
As pond professionals get older, it’s natural to start thinking about retirement. But leaving behind a career you’ve poured your heart into for decades is no easy task. Eric sat down with three industry veterans—The Pond Monster, Mark Gibson, and Mike Miller—to get their insights on aging in the industry and how to make an exit.
In this episode, they talk about:
Aging in the pond industry and the challenges of exiting the business
The importance of networking, education, and attending industry events
Approaching well-known speakers and experts who are willing to share knowledge
Having clear contracts that outline payment schedules, scope of work, and mechanic’s lien language to protect against non-payment
Budgeting and saving money, even when business is struggling, to maintain cash flow
Earning respect through good work instead of expecting it to be given automatically
Technological advancements in the pond industry over the years
Good ways to exit the business and deciding whether to pass it to the family
Challenges of succession planning and passing down the business to the next generation
Advice for younger contractors just starting out in the industry
Mentioned:
Lloyd Lightsey, The Pond Monster - https://thepondmonster.com/
Mark Gibson’s Website: https://www.greenthumblr.com/
Mike Miller’s Website: https://www.pondliner.com/
Links to resources:
Stop struggling with sales! Transform your business with Eric’s FREE list of Contractor Sales Secrets and start moving in the right direction. Click here to download it: Contractor Sales Secrets
Book A Call With Triplett: Call with Triplett
The Pond Digger - https://theponddigger.com/
You can also check out The Pond Digger's products at:
http://helixpondfiltration.com/
And follow his adventures in the pond world at: