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I Was COMPLETELY Broke Then THIS Happened

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Manage episode 507869787 series 3613122
Content provided by LB Capital, LLC, LB Capital, and LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LB Capital, LLC, LB Capital, and LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Buckle up for a wild ride on today’s Exit Rich! I’m pumped to bring you my raw, unfiltered chat with Travis Ringe, the guy who flipped my world upside down. No Joke! Five years ago, at Vertical Track, this dude’s story of cashing out big-time lit a fire under me. Without him, I wouldn’t have sold six companies for hundreds of millions and today we are here to share this knowledge with you. Travis is the real deal—no BS, just straight-up game-changing insights. We dive into his ProSkill Services exit, his bold new ventures, and the gritty lessons that’ll make you rethink everything.
Travis keeps it low-key but drops pure gold. Watch for more from him, and if you’re in HVAC, get on NUVE—it’s a customer-retention weapon.

Key Moments
-The Power of Networking: Travis’s story proves conferences and masterminds are worth their weight in gold. I now drop hundreds of thousands yearly to rub elbows with the right people, all because of that fateful meeting. Travis says the real juice is in the connections and knowledge swaps, not just the stage talks.
-Post-Exit Challenges: After selling, Travis tried retiring but crashed hard into “seller’s depression,” boozing nightly and losing his edge for six months. He learned the hard way that entrepreneurs need a post-exit plan, or you’ll be a miserable wreck.
-Roofing Business Insights: Travis’s roofing gig in bone-dry Phoenix has been a grind due to scarce rain. He advises checking Google AdWords for search volume and weather patterns before jumping into markets like roofing. Still, his company’s profitable and could fetch $15-16 million at sale.
-Operational Excellence: Travis hammers home the need to grow managers from within to keep processes tight and accountability fiercer. He warns against the pipe dream of flipping a company fast without rock-solid systems—private equity sharks sniff out sloppy operations.
-Family and Balance: A family man with a wife and two kids, Travis says family keeps you grounded and driven. He regrets missing his kids’ early years while chasing business glory and sold partly to show up for them. He stresses picking a partner who can handle your chaos—way more critical than any business deal.
-Advice for Young Entrepreneurs: Travis tells hotshot wannabes to chill the hell out. Overnight success is a myth. He built ProSkill over a decade, debt-free, focusing on customer experience. His advice: build a loyal customer base, bulletproof processes, and a killer network—don’t chase quick cash.

Follow my guest at:
-Instagram: https://www.instagram.com/proskillservices/
-Webpage: https://proskillservices.com/
-Facebook: https://www.facebook.com/proskillservices
-YouTube: https://www.youtube.com/@proskillservices1196

Follow me on all Social Media: @LanceBachmann

Exit Rich: Home Service Secrets with Lance Bachmann

Don’t wait! Get your ticket for The 7th Annual Roofing Process Conference so you can learn to grow, scale and sell your business to private equity:

https://roofconference.com/

December 3-5, 2025
JW Marriott - Marco Island, FL

Sign up for a 2 day Mastermind: https://lbachmanncapital.com/mastermind/

Sign up for a free Shop Tour: https://lbachmanncapital.com/shop-tour/

Join Our Coaching Group, the LFG Winners Circle: https://lbachmanncapital.com/lfg-winners-circle/

Follow us: https://beacons.ai/lance_bachmann

YouTube: https://www.youtube.com/@lancebachmann
IG: lancebachmann
Facebook: LanceBachmannOfficial
X: @lancebachmann
TikTok: @lancebachmann

Podcast

Apple: https://podcasts.apple.com/us/podcast/the-roofing-ceo-playbook-build-it-to-sell-it-with/id1778011846

Spotify: https://open.spotify.com/show/56A2PiqKz3NP6sj1nfSloP?si=f44f4d095aa64406&nd=1&dlsi=98967f24de074a6a

Leave us a review!

Website: https://lbachmanncapital.com/

LFG
#roofing #business #entrepreneurship
Don’t wait! Get your ticket for The 7th Annual Roofing Process Conference so you can learn to grow, scale and sell your business to private equity:

https://roofconference.com/

December 3-5, 2025
JW Marriott - Marco Island, FL

Sign up for a 2 day Mastermind: https://lbachmanncapital.com/mastermind/

Sign up for a free Shop Tour: https://lbachmanncapital.com/shop-tour/

Join Our Coaching Group, the LFG Winners Circle: https://lbachmanncapital.com/lfg-winners-circle/

Follow us: https://beacons.ai/lance_bachmann

YouTube: https://www.youtube.com/@lancebachmann
IG: lancebachmann
Facebook: LanceBachmannOfficial
X: @lancebachmann
TikTok: @lancebachmann

Podcast

Apple: https://podcasts.apple.com/us/podcast/the-roofing-ceo-playbook-build-it-to-sell-it-with/id1778011846

Spotify: https://open.spotify.com/show/56A2PiqKz3NP6sj1nfSloP?si=f44f4d095aa64406&nd=1&dlsi=98967f24de074a6a

Leave us a review!

Website: https://lbachmanncapital.com/

LFG
#roofing #business #entrepreneurship

  continue reading

71 episodes

Artwork
iconShare
 
Manage episode 507869787 series 3613122
Content provided by LB Capital, LLC, LB Capital, and LLC. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by LB Capital, LLC, LB Capital, and LLC or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Buckle up for a wild ride on today’s Exit Rich! I’m pumped to bring you my raw, unfiltered chat with Travis Ringe, the guy who flipped my world upside down. No Joke! Five years ago, at Vertical Track, this dude’s story of cashing out big-time lit a fire under me. Without him, I wouldn’t have sold six companies for hundreds of millions and today we are here to share this knowledge with you. Travis is the real deal—no BS, just straight-up game-changing insights. We dive into his ProSkill Services exit, his bold new ventures, and the gritty lessons that’ll make you rethink everything.
Travis keeps it low-key but drops pure gold. Watch for more from him, and if you’re in HVAC, get on NUVE—it’s a customer-retention weapon.

Key Moments
-The Power of Networking: Travis’s story proves conferences and masterminds are worth their weight in gold. I now drop hundreds of thousands yearly to rub elbows with the right people, all because of that fateful meeting. Travis says the real juice is in the connections and knowledge swaps, not just the stage talks.
-Post-Exit Challenges: After selling, Travis tried retiring but crashed hard into “seller’s depression,” boozing nightly and losing his edge for six months. He learned the hard way that entrepreneurs need a post-exit plan, or you’ll be a miserable wreck.
-Roofing Business Insights: Travis’s roofing gig in bone-dry Phoenix has been a grind due to scarce rain. He advises checking Google AdWords for search volume and weather patterns before jumping into markets like roofing. Still, his company’s profitable and could fetch $15-16 million at sale.
-Operational Excellence: Travis hammers home the need to grow managers from within to keep processes tight and accountability fiercer. He warns against the pipe dream of flipping a company fast without rock-solid systems—private equity sharks sniff out sloppy operations.
-Family and Balance: A family man with a wife and two kids, Travis says family keeps you grounded and driven. He regrets missing his kids’ early years while chasing business glory and sold partly to show up for them. He stresses picking a partner who can handle your chaos—way more critical than any business deal.
-Advice for Young Entrepreneurs: Travis tells hotshot wannabes to chill the hell out. Overnight success is a myth. He built ProSkill over a decade, debt-free, focusing on customer experience. His advice: build a loyal customer base, bulletproof processes, and a killer network—don’t chase quick cash.

Follow my guest at:
-Instagram: https://www.instagram.com/proskillservices/
-Webpage: https://proskillservices.com/
-Facebook: https://www.facebook.com/proskillservices
-YouTube: https://www.youtube.com/@proskillservices1196

Follow me on all Social Media: @LanceBachmann

Exit Rich: Home Service Secrets with Lance Bachmann

Don’t wait! Get your ticket for The 7th Annual Roofing Process Conference so you can learn to grow, scale and sell your business to private equity:

https://roofconference.com/

December 3-5, 2025
JW Marriott - Marco Island, FL

Sign up for a 2 day Mastermind: https://lbachmanncapital.com/mastermind/

Sign up for a free Shop Tour: https://lbachmanncapital.com/shop-tour/

Join Our Coaching Group, the LFG Winners Circle: https://lbachmanncapital.com/lfg-winners-circle/

Follow us: https://beacons.ai/lance_bachmann

YouTube: https://www.youtube.com/@lancebachmann
IG: lancebachmann
Facebook: LanceBachmannOfficial
X: @lancebachmann
TikTok: @lancebachmann

Podcast

Apple: https://podcasts.apple.com/us/podcast/the-roofing-ceo-playbook-build-it-to-sell-it-with/id1778011846

Spotify: https://open.spotify.com/show/56A2PiqKz3NP6sj1nfSloP?si=f44f4d095aa64406&nd=1&dlsi=98967f24de074a6a

Leave us a review!

Website: https://lbachmanncapital.com/

LFG
#roofing #business #entrepreneurship
Don’t wait! Get your ticket for The 7th Annual Roofing Process Conference so you can learn to grow, scale and sell your business to private equity:

https://roofconference.com/

December 3-5, 2025
JW Marriott - Marco Island, FL

Sign up for a 2 day Mastermind: https://lbachmanncapital.com/mastermind/

Sign up for a free Shop Tour: https://lbachmanncapital.com/shop-tour/

Join Our Coaching Group, the LFG Winners Circle: https://lbachmanncapital.com/lfg-winners-circle/

Follow us: https://beacons.ai/lance_bachmann

YouTube: https://www.youtube.com/@lancebachmann
IG: lancebachmann
Facebook: LanceBachmannOfficial
X: @lancebachmann
TikTok: @lancebachmann

Podcast

Apple: https://podcasts.apple.com/us/podcast/the-roofing-ceo-playbook-build-it-to-sell-it-with/id1778011846

Spotify: https://open.spotify.com/show/56A2PiqKz3NP6sj1nfSloP?si=f44f4d095aa64406&nd=1&dlsi=98967f24de074a6a

Leave us a review!

Website: https://lbachmanncapital.com/

LFG
#roofing #business #entrepreneurship

  continue reading

71 episodes

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