Minority Shareholder Voted Out of The Family Business with Cody McLeod

In this week’s episode, we chat with Cody McLeod, President and Founder of Utility Plumbing Services.

In our conversation, we explore his journey from working in his family's plumbing business to starting his own company. Cody also opens up about the personal adversities he faced during the COVID-19 pandemic, which significantly impacted his professional life and led to his departure from the family business. Cody also talks about his tumultuous exit, including the legal and financial challenges he faced while trying to maintain family relationships intact. 

Cody's exit and subsequently starting Utility Plumbing Services highlights his resilience and determination. Finally, Cody provides insights into starting a new business from scratch, emphasizing the importance of securing funding and making smart financial decisions.

 

Key Takeaways:

• The challenges Cody faced in his personal life that ultimately led to his exit from the family business
• Cody's advice for securing funding before making major investments in a new business
• The importance of letting attorneys handle negotiations to avoid emotional entanglements

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Additional Resources

➡️ Schedule a FREE Marketing Assessment today: https://lokalhq.com/marketing-assessment/

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👉 Connect with Cody McLeod

Instagram: https://www.instagram.com/codymcleod_88/

Website: https://utilityplumbingservices.com

Instagram: https://www.instagram.com/utilityplumbingservices/

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The Boost, a podcast for home service contractors.

Join CMO of Lokal, Zach Wilson, as he explores leaders & innovators in home services, their personal journeys, thoughts and experiences with growth, marketing, and succession.

Lokal digital marketing works exclusively with contractors specializing in HVAC, roofing, plumbing, and garage door companies to conquer their local turf and grow exponentially.

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