The Cost of a $100M Legacy: Built on Grit, Loyalty, and Leadership
Release Date: 05/13/2025
The $100 Million Mindset
Private equity doesn’t have to be cold. It can be a partnership built on trust, simplicity, and real human connection. In this episode of The $100 Million Mindset, Todd Liles & Alan O'Neill sit down with Collin Hathaway, an entrepreneur whose journey took him from Stanford’s campus to owning plumbing companies and leading private equity deals that reshaped the trades industry. But Collin’s story is more than just business. It’s about the moments that test us, like surviving a heart attack at 36, navigating economic crashes, and learning that simplicity often beats complexity in...
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Scaling your business isn’t about luck...it’s about mindset, marketing, and building the right community around you. In this episode of The $100 Million Mindset, Todd Liles & Alan O'Niell sit down with industry icon Matt Michel to reveal what separates small contractors from those who grow into multi-million-dollar giants. Matt shares powerful lessons from growing Service Nation and the Service Roundtable, including how to avoid shiny object syndrome, why community trumps price, and what life looks like after selling your business. What's Inside: -Why marketing is everything—and...
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In Part 2 of our in-studio conversation with legendary ad wizard Roy H. Williams, we go deeper than tactics. This is a raw, no-BS masterclass in what it really takes to build a brand that sticks. Roy unpacks why emotional storytelling beats clever slogans, why most business owners don’t have the courage to lead their brand—and how your story can become your superpower. You’ll hear the real reason he walked away from short-term marketing wins, how he finds clients with staying power, and what makes ads like Scudamore’s “Shield of Love” and Elmer’s tribute to his mom so powerful....
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He’s the Wizard of Ads, and he’s rewriting how you think about marketing. In this episode of The Wizard of Ads, Roy H. Williams joins Todd Liles for Part One of a two-part masterclass on branding, belief, and building businesses that actually stand for something. Roy isn’t talking fluff...he’s sharing the frameworks behind some of the most iconic campaigns in home services. From Morris-Jenkins to Eco Plumbers, every ad he creates starts with one mission: find the truth, make it human, and make it stick. You’ll hear about Roy’s “Character Diamond” framework (used in every ad he...
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Ellen Rohr thought she was crushing it—until she hit a wall. Her business was in financial trouble. Her marriage was on the edge. And the truth was, she couldn’t even read her own P&L. In this episode of The $100 Million Mindset, Ellen shares the raw, unfiltered story of how she turned things around—starting with one bold decision: learning the numbers. You'll hear exactly how she went from survival mode to scaling a $40M legacy business—and how you can do the same. Whether you're a contractor, entrepreneur, or service business owner, this is a must-watch episode on financial...
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What does it really take to go from sweeping floors to leading a $100 million business? In this episode of The $100 Million Mindset, Todd Liles and Alan O’Neill sit down with Jonathan Bancroft, Wrench Group Regional CEO and author of Mr. Jenkins Told Me, to unpack the transformation behind the title. Jonathan’s story is one of grit, mentorship, and character—how a $9/hour apprentice became a servant-hearted CEO by living out timeless leadership principles. Whether you're trying to build a legacy business or develop future leaders, this episode delivers the mindset shift needed to lead...
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The unlikely path from teenage janitor to powerhouse CEO and fitness leader. In this episode of The $100 Million Mindset, Todd Liles and Alan O’Neill sit down with Lynn Tomasek, CEO of Brothers Plumbing, Heating & Electric. Lynn’s story is one of grit, discipline, and heart. From cleaning bathrooms at 13 to running a $25M+ home service company, she’s proof that leadership isn’t about title—it’s about tenacity. They unpack how fitness rebuilt her confidence, why perfectionism was holding her back, and how slowing down helped her scale up—with the right people in the right...
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It’s every owner’s nightmare: your highest-producing tech is also the one creating the most chaos. In this episode of The $100 Million Mindset, Todd Liles and Alan O’Neill sit down with Steve Egner of Steve’s Plumbing to unpack one of the hardest leadership calls you’ll ever face—firing your top performer for the sake of your team and culture. What followed was a total rebuild, a new hiring philosophy, and a business stronger than ever. This episode is a roadmap for owners navigating team dysfunction, culture clashes, and the cost of misaligned talent. You’ll learn how to: -Fire...
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Aaron Hagan almost lost everything—his business, health, and family. In this episode of The $100 Million Mindset, Todd Liles sits down with Aaron to unpack how a challenging conversation at home sparked a total transformation in how he led his people, built systems, and scaled the company. From near-bankruptcy to launching high-performing locations across multiple cities, Aaron’s story proves that true growth only happens when you stop trying to do it all yourself. This episode is about grit, humility, faith, and the power of leading with vulnerability. You’ll learn how to: -Scale your...
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Most family businesses survive on tradition. Few become legends. In this episode of The $100 Million Mindset, Todd Liles sits down with Jimmie Dale of Baker Brothers Plumbing, Air & Electric. Jimmie didn’t just inherit the business—he bought it, signed the loans himself, and scaled it into one of the most trusted brands in the trades. This is a story of ownership, discipline, and the faith it takes to lead a company into the $100M+ stratosphere. You’ll learn how to: -Lead differently when your name is on the line -Build brand consistency that creates market dominance -Expand into new...
info_outlineMost family businesses survive on tradition. Few become legends.
In this episode of The $100 Million Mindset, Todd Liles sits down with Jimmie Dale of Baker Brothers Plumbing, Air & Electric. Jimmie didn’t just inherit the business—he bought it, signed the loans himself, and scaled it into one of the most trusted brands in the trades.
This is a story of ownership, discipline, and the faith it takes to lead a company into the $100M+ stratosphere.
You’ll learn how to:
-Lead differently when your name is on the line
-Build brand consistency that creates market dominance
-Expand into new trades without losing trust or culture
-Hire leaders from outside the trades—and train them to win
-Pick the right private equity partner (and protect your culture while doing it)
-Balance faith, discipline, and long-term legacy in a fast-scaling business
Mentioned in this episode:
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The shift from Yellow Pages to top-of-funnel media branding
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Private equity partnerships that triple your business without selling your soul
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Mindshare vs. clicks: why branding beats PPC
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Recruiting leaders from outside the industry
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Leading through faith, transparency, and personal growth
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Jimmie’s philosophy: “Serve first—success follows”
If this episode hit home, follow, review, and share it with a business owner who’s ready to grow with purpose. The $100 Million Mindset isn’t for the average—it’s for those bold enough to lead, scale, and leave a legacy.
Resources & Links:
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🔗 Full show notes and resources: www.toddliles.com/mindset