From Decks to Airbnbs: Creating Multiple Revenue Streams with Derek Prince
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Derek Prince takes us behind the scenes of his entrepreneurial journey as founder of Pro Property Services, Asheville's premier exterior contracting company specializing in deck construction, siding, roofing, and log cabin restoration. But this isn't just a story about building physical structures – it's about building multiple successful businesses with intention and purpose.
What makes Derek's approach unique is how he's transferred principles from competitive bodybuilding into business leadership. The discipline, structure, and mental toughness required to excel in fitness have become cornerstones of his business philosophy. "I can't control everything in the business, but I can control my fitness and what I'm putting in my body," Derek explains. This foundation-first mentality has helped him weather the inevitable storms of entrepreneurship without falling into destructive coping patterns.
The conversation reveals crucial turning points in Derek's growth trajectory, particularly when he began rigorously tracking his numbers. Like many contractors, he initially operated on gut feeling rather than data. Learning precisely what each project cost to complete transformed his decision-making and profitability. Derek also shares candid insights about team building, explaining how he seeks self-motivated individuals with interests in personal development outside work. His formula? Find people who complement your weaknesses rather than mirror your strengths.
Most fascinating is how Derek and his wife have expanded beyond contracting into Airbnb management (currently overseeing 85 properties) and launching a laundromat specifically to service their vacation rental business. This ability to spot adjacent opportunities and build complementary services demonstrates the entrepreneurial mindset at its finest.
Whether you're struggling in the early stages of business or looking to scale multiple revenue streams, Derek's practical wisdom offers a blueprint for sustainable growth. Listen now to discover why knowing your numbers, investing in personal development, and building the right team culture might be the most important projects you'll ever undertake.
Thanks for Listening. You may contact me or our team at https://billgilliland.biz/
All the best!
Bill
Thanks for listening. Please hit the subscribe button, leave us a 5 star review, and share this podcast. You can reach me at [email protected] or at https://billgilliland.biz/
All the best!
Bill
Chapters
1. From Decks to Airbnbs: Creating Multiple Revenue Streams with Derek Prince (00:00:00)
2. Welcome to Epic Entrepreneurs (00:01:10)
3. Introducing Pro Property Services (00:02:03)
4. Bodybuilding and Business Connection (00:03:49)
5. Business Learning and Misconceptions (00:06:58)
6. Building a Strong Team Culture (00:10:18)
7. Being EPIC in Business (00:15:12)
8. The Airbnb and Laundry Business (00:19:09)
9. Final Thoughts and Contact Information (00:22:00)
221 episodes