Episode 375: The Mindset It Takes to Buy Multiple Pet Businesses with Beau Bibeau
Author: Bella Vasta
February 8, 2024
Duration: 20:48
Are you feeling stuck in your pet business journey? Teetering on the edge of expansion but haunted by the echoes of doubt? This week on "Bella in Your Business," we're slicing through the fog of fear. We are lighting the path to growth with an extraordinary guest, Beau, the mastermind behind Top Dog Walk’s multi-location success story.
Beau opens up about evolving from an employee to an empire builder. Revealing how understanding his "why" propelled him from maintaining a single location to spearheading a cross-state dog-walking dynasty. With Bella's guidance, Beau refined his ambition. Transforming it into a blueprint for relentless growth, grounded in service and personal development.
Despite the challenges of managing businesses from a distance, Beau shares his golden rules for staying connected to his team and mission. Discover his top picks for books and podcasts that keep him inspired. Along with how a commitment to ethical business practices and a laser focus on systems and delegation have been crucial to his expansion.
Ever wondered how to conquer the gnawing fear of stepping into the unknown within your business? Beau and Bella dive deep into the mindset shifts necessary for overcoming self-doubt. And how to embrace leadership, with practical examples from their own experiences.
For those dreaming of buying and selling pet businesses or wishing to scale new heights, this episode is a trove of actionable insights.
Remember, the only person holding you back is YOU. Tune in to this week’s episode for your dose of courage, wisdom, and perhaps the nudge you need to take your pet business where you've only dared to dream.
Join us and transform your business fears into your most powerful fuel yet. Let's jump in!
Topics & Key Points:
Pet business growth and mindset with Beau
Business growth and personal development
Running a business from afar and overcoming the fear of not being physically present
Leadership development and overcoming fear in business
Buying and managing businesses with a focus on legal and ethical considerations
Buying and selling pet businesses
Timestamps:
[1:35] Business growth and personal development
[4:57] Fear of running a business from afar and not being physically present
[10:11] Leadership development
[12:55] Buying and managing businesses
Notable Quotes:
[4:55] "I think being surrounded by people who can inspire you is really important, you know, connections to mentors, connections to peers. I think it's really awesome. You know, the kids unity with the mastermind having lots of other individuals who are doing the same thing. "
[8:49] "I think that it's so much about systems in your business and the trust of delegating, you know, when you have good people around you actually trusting them when you delegate the things to them, that they can do it, you know, you've trained them, they have the systems and trusting them to execute"
[11:57] "And I remember, I had two people that I had interviewed. And the night before I made the hiring decision, I was up all night, I was really scared that I was going to make the wrong decision, because I had two really great people, but they were really, really, really different. And I think that there's some things in life and you know, maybe your business isn't the most serious, right?"
Resources:
Podcast: Bella in Your Business: Pet Industry Business Podcast
Join Mastermind
Email Bella: bella@jumpconsulting.net
Sign up for a 20 mins call
Better Marketing with Bella
Connect with Bella
Website
Facebook
YouTube
Connect with Beau
Email Beau: beau.bibeau@gmail.com
Did you love this episode?
If you liked this episode, please head on over to iTunes and leave a five-star rating and review. Every single review helps get this community bigger, stronger, and better. It gets other jumpers just like you into the community. Always remember when life gets down, Always Keep Jumping.
Transcript:
Welcome to another episode of Bella in Your Business. My name is Bella Vasta. Today, we have a cool guest for you though, and I have known each other for quite some time. And when we were reconnecting as he was coming back into the mastermind, he had such a unique and inspiring story that I just knew that you needed to listen. So you're gonna love this episode today. But first, if you don't know Beau is the owner of the top dog walk in Norfolk and Virginia Beach, Virginia, as well as Buffalo dog walkers in Buffalo, New York, yes, three different locations in two different states. He began his journey by starting his first business and expanding it to purchase the second. Currently, he's in the growth phase. And Bo is finding resources that help move his business forward. Today Bo is here to discuss his pet business journey. And the mindset that goes along with it, because it's now February, and the shiny object of the new year has worn off. And hopefully today, we are here to inspire some new thinking for you. Oh, welcome to the show.
Thank you so much. Well, I'm so happy to be here. I'm so happy to
have you here because you motivate me. And so I just knew that you had to also be on the podcast to talk with everyone else. But for those who don't know, and to just refresh all of our memories, why don't you tell us about the first company you started and sold? Take us back?
Absolutely. So the first company, I didn't start it. I bought my first dog-walking company. That was Rochester dog walkers in Rochester, New York. And I started as an employee of that business if it was a very small business, I was one of two employees, I had moved to the area and was thinking about starting a dog boarding business. But I fell in love with the dog walking business and our clients and within a couple of months had bought the business from the previous owner. So it was a small company at that time. And over the five years following we grew to a team of 25, mid-six-figure revenue, we did a lot of really great things served a lot of clients, and had a blast. So that was a really fun journey in that business. And eventually sold it to my manager, I had a manager whom I worked closely with she's a dear friend now. And she's still running and growing the business and doing great things with it.
That's awesome. So I know that even for myself, my Y has changed over the years. And so can you bring us through the journey of the different businesses that you've acquired? And the why behind it? You know, because I'm sure it's not just ego, and look at me, I've just gathered them up. Take us to understand that but also, why the why is so important, and what that has been able to help catapult you to do.
You know, when I first met you, Bella, I drained your mastermind group and we got to know each other. And you helped me think about what my why was and crystallized it for me. At that time, I was a fairly new business owner, and I wanted financial stability for my family. You know, I've always been a pet person, I grew up with a mom who was a professional dog trainer, I grew up going to AKC German Shepherd dog shows with her, I worked in a vet's office, I've always loved animals and wanted to serve pet owners. But as a business owner, there's also that peace of you know, wanting financial stability. My spouse at the time had a lot of student loan debt. And getting that paid off was important to me. And so, you know, I kind of dug in and did a lot of grinding to grow that business because I wanted that stability for my family. But now, as things have grown and changed, you know, my wife has grown too and I think a lot of it has to do with me, and you know what I'm learning what I'm capable of. I think one of the amazing things about being a business owner and an entrepreneur is that it tests you, it challenges you to grow. And it pushes you and I think I've learned so much about myself through the process, and being in community with others who are building businesses too. So, you know, my why now is about continuing to serve pet owners and provide the great service that we provide, but also learning more about myself and pushing myself to grow as a person as a business owner, and as a leader.
Where
do you find that kind of inspiration and that push to do it because you know, a lot of people are very tired, they're exhausted, they're overwhelmed. They're not sure what position to step in. They have their pipe dreams, but how do you stay fresh with that and not down? How do you always keep jumping?
Yeah, I think being surrounded by people who can inspire you is important, you know, connections to mentors, connections to peers. I think it's awesome. You know, the kids unite with the mastermind having lots of other individuals who are doing the same thing. We can't do it alone. I read a lot of books, I listened to a lot of podcasts. I think staying connected to your why and focused on you know, the possibilities. It's really important. One of the things that helps me do that is taking information in and feeling connected to the world and other people who are doing similar things.
I love that. So it sounds like you're constantly feeding your eyes and your ears. I love that. I love that. I love that. I am going to ask this. This is just like something that popped up for the listeners. Is there anything is there? What are your favorite podcasts and your books? What are your favorite things that feed you if someone came to you today and said, but what's been the most impactful for you? Can you name a few? I'm putting you on the spot here.
The magic of thinking big is one for me. Gay Hendricks's The Big Leap is one that I like a lot that one talks about how we self-sabotage and hold ourselves back. And how do we not do that so much I liked when he talks about how we have like kind of a threshold hope for happiness. And like,