In this episode of “Born for the Trades: A Home Service Podcast,” we sit down with Lance Bachmann, a serial entrepreneur and the former CEO of 1SEO Digital Agency. Lance is known for his remarkable ability to drive exponential growth and success in businesses. Today, he shares his insights on entrepreneurship and his experience with acquiring, scaling, and selling home service businesses.
Lance recently founded LB Capital, a venture aimed at empowering businesses in the home services sector through strategic financial solutions and investments in technology-driven companies. LB Capital focuses on building long-term partnerships based on trust, unlocking the full potential of their partners in the home services industry. In just three months, LB Capital has already acquired five companies, demonstrating their commitment to growth and success.
During our conversation, Lance shares key insights and strategies that have consistently driven exponential growth and success for the businesses he has worked with. He delves into his approach to identifying high-growth opportunities and nurturing them into successful ventures, offering a real-life example from his vast experience.
We also discuss the challenges of dealing with private equity (PE) and any horror stories Lance has encountered. As a mentor to aspiring entrepreneurs, he offers valuable advice for those looking to scale their businesses with partner support.
Achieving work-life balance is a goal shared by many professionals, and Lance, being a family man with a wife and four children, provides personal insights into how he has navigated this challenge while accomplishing his goals and prioritizing his family’s happiness.
Join us for this insightful episode as we dive deep into the journey of Lance Bachmann, a visionary entrepreneur who knows how to build successful partnerships for growth.