I Built a $20M Roofing Business and Forgot Why I Started | w/Corey Combes
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A proposito di questo titolo
There's a version of success in roofing that looks great on paper and feels completely empty in real life. Corey Combes lived it.
Corey is the owner of Southshore Roofing and Exteriors in Tampa, Florida, a contractor with 30 years in construction who built his company to $22 million and then watched the thing he loved about his business quietly disappear.
In this episode, we don't talk about tactics. We don't talk about lead generation or closing ratios. We talk about what happens when a roofing business owner gets everything they chased and realizes that was the wrong thing to be chasing.
Corey gets honest about the spending trap that exposed itself when revenue dropped, why stepping away from customers was the beginning of losing his company's identity, what the transition from $22M back toward $8M actually felt like, and why he's now convinced that $8M at 15-20% net profit means more than $22M with a fractional CFO spending a month cutting expenses just to survive.
We also get into the Uncle Bill idea, that a roofing business in your community is more like the local farm everyone trusts than a corporation trying to scale. And what happens to that identity when you start running it like a machine that shouldn't need you.
This is one of the most honest conversations we've had on The Roofing Millionaires. If you've ever felt like growth was pulling you away from the reason you started - this one is for you.
What we cover:
- The spending trap that hits when revenue suddenly drops
- Why removing yourself from customer interactions kills your business's identity
- The difference between a business that can run without you vs. one you've abandoned
- What Corey actually lost when he scaled from $8M to $22M
- Why "run it like a machine" is incomplete advice and what the coaches selling it get wrong
- Redefining what scaling actually means for a roofing business
- The Uncle Bill principle, and why roofing was never meant to be Amazon
- Purpose vs. revenue as the metric that matters
- Financial discipline, fear, and the anxiety that comes from being over-leveraged
- The Florida market right now, consumer confidence, insurance, and what's coming
- Private equity - the good, the predatory, and what it's actually done to the industry
- Diversification as survival: why being a one-trick pony is dangerous right now
- The version of Corey that comes out the other side of this chapter
🎙️ Guest: Corey Combes | Owner, Southshore Roofing and Exteriors | Tampa, Florida
Timestamps
0:00 Highlights
01:33 How much have you changed since we last met?
08:02 A business should run like a machine?
16:37 A business that connects with customers
32:32 The role of purpose in a business
37:15 Future of the roofing industry and consumer behaviour
47:57 Is private equity a trap?
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