Why Do 95% of Home Service Businesses Fail Within Their First Five Years?
In this episode of Let's Vent, host Evan Hoffman sits down with Kevin Fiscor, CEO of Fiscor Plumbing and Air, for an incredibly vulnerable look inside the dark side of scaling a trade business. Kevin pulls back the curtain on how he took his company from a struggling $500K shop to pacing $21M in 2026 and why he realized HE was the biggest bottleneck in his own business.
If you are a plumbing, HVAC, or electrical contractor tired of the fake social media highlights, this unfiltered conversation delivers the gritty, real life blueprint of what it takes to break the routine and build an independent trade empire.
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Time Stamps:
00:00 - Why 95% of Home Service Businesses Fail Within The First 5 Years? 00:45 - Introducing Kevin Fiscor, CEO of Fiscor Plumbing & Air 01:35 - A Message to the 2020 Version of Yourself 02:27 - From $500K to Pacing $21 Million 03:15 - "I Was the Problem": Looking in the Mirror After 26 Years in the Trades 04:00 - The Old School Mentality & Developing a Toxic Corporate Habit 05:50 - Shifting from Alcohol Abuse to Mental Fortitude 08:25 - Facing Emotional Realities Instead of Running From Them 09:41 - The Books That Saved My Life 11:05 - The Nightmare: Disappearing from Google Search & Map Packs 14:03 - The Isolation of Being A Business Owner 15:15 - Beyond the Revenue: Watching Your Team Buy Their First Homes 16:08 - Supporting Field Technicians Who Start Their Own Shops 19:15 - The 48 Hour Implementation Check Rule 20:53 - "If You Don't Write It Down, It Isn't Real" 22:06 - When Nobody Else is Clapping in the Auditorium 26:40 - The 5 Minute Work-Life Balance Rule 28:15 - Dealing with Competitors and Registrar Complaints 31:39 - The Danger of Comfort: Confronting Weight Gain and Excuses as a Former Athlete 32:24 - How Fast the Business Pivoted After Dropping the Ego 38:35 - Shifting from Install Manager to Coordinator 39:35 - The 3 Day Call Board Rule: Are you ready to Implement it? 40:15 - Why CSRs Are Your Most Important Position? 41:00 - The 98% Call Booking Rate Masterclass Ready for You 41:40 - 200 Hours of Training: Structuring Weekly KPI Reviews for Techs 44:50 - Fixing Gaps In Your Current House Before Spending More on Marketing 45:45 - The $18,000 Daily Overhead Reality: Walking In $80K in the Hole Every Week 47:50 - Changing Lives in the Field: How a Lead Installer Cleared $7K a Week 50:55 - Cutting the Budget: Evaluate DoorDash and Other Hidden Subscriptions 53:50 - Managing $500K in Inventory Without Suffocating Your Cash Flow 55:00 - Global Economics & Global Regulations: The Invisible Forces Impacting Your Shop 58:20 - Your Circle Predicts Your Future: Who Are your Closest Ones? 1:03:55 - What You Did Yesterday Doesn't Matter: What are you Doing NOW To Chase the $2 Million Month? 1:08:49 - The Power of Intention: Stumbling Across a Forgotten 100 Dreams List 1:10:00 - Writing the 6 Critical Tasks the Night Before 1:12:10 - Humble Beginnings: Operating a Plumbing & Air Shop Out of a 10x15 Storage Unit 1:13:00 - Eat the Frog: Forcing Yourself to Do the Hardest Task First 1:14:35 - Wrapping Up an Incredible 30-Minute Bonus Tangent 1:15:10 - Episode Ends.
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