Breaking the $1 Million Barrier: How to Scale Your Service Business
Release Date: 11/10/2025
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info_outlineBreaking the $1 Million Barrier: How to Scale Your Service Business | The Financial Operator Podcast | Episode 70
🎙️ In this episode of The Financial Operator Podcast, host Jen Fizer, CEO of MKB CFO, sits down with Bud Nye, Founder of Nye Technical Services, to talk about what really happens when you grow from a small family business into a multi-million-dollar operation. 🚀
Bud shares his journey from working alongside his dad in the trades to running two successful companies — covering the reality behind scaling fast, building the right team, and managing the cash flow chaos that comes with growth. He opens up about overcoming analysis paralysis, learning to lead, and what it takes to move from owner mindset to scale mindset. 💼
💡 Whether you’re breaking your first million or looking to push beyond it, this episode gives a transparent look at the challenges and mindset shifts every business owner needs to grow sustainably.
⏱️ Timestamps
00:00 Introduction and Guest Welcome
02:00 From Family Business to Building His Own Legacy
08:00 Taking Fast Action and Learning Through Execution
14:00 Growing Pains: Breaking Past the $1M Plateau
18:00 Cash Flow Challenges and Progress Payments
24:00 The Reality of Collections and Revenue Timing
27:00 Mental Health, Coaching, and Leadership Growth
31:00 Building a Legacy: Training and Giving Back
34:00 Lessons on Scaling, Leadership, and Finding Balance
39:00 Final Thoughts and How to Connect with Bud
To connect with Bud:
🌐 Website: https://nyetechnicalservices.com/
📌 Don’t forget to subscribe for the latest podcast episodes and insights from @mkbcfo
Do you have your own financial or business growth questions for MKB? Visit:
🌎 Website: https://mkbcfo.com
📸 Instagram: https://www.instagram.com/mkb_cfo/
📘 Facebook: https://www.facebook.com/mkbcfo
💼 LinkedIn: https://www.linkedin.com/company/mkbcfo
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