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No Fees No Equity Loss: A New Way to Scale Your Business

Service Business Mastery for Skilled Trades: HVAC, Plumbing & Electrical Home Service

Release Date: 04/22/2026

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Service Business Mastery for Skilled Trades: HVAC, Plumbing & Electrical Home Service

The way homeowners search for HVAC, plumbing, and home service companies is changing fast. And most contractors are completely unprepared for it.   In this episode of Service Business Mastery, Tersh Blissett sits down with Phil Risher from Phlash Consulting to discuss the massive shift from traditional Google SEO to AI-powered search and what it means for home service businesses.   Phil explains why AI search is changing how customers find contractors, why conversational search matters more than keywords, and how tools like ChatGPT and Google AI Overviews are disrupting traditional...

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In this episode of Service Business Mastery, Tersh Blissett and Joshua Crouch sit down with Ryan Kiscaden, owner of Kiscaden Consulting and creator of the Next Up Trades children’s book series, to discuss how storytelling can reshape the future of recruiting in the trades.   Ryan shares how a conversation with his plumber brother-in-law sparked the idea to create books that explain HVAC and plumbing to children in a way they can understand and connect with emotionally.   Instead of focusing only on wages, debt, and job security, Ryan believes the industry needs to tell a better...

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Most home service business owners are excited about automation, AI, and new technology. But here’s the problem… They’re implementing tools before fixing their processes. In this episode of Service Business Mastery, Tersh Blissett sits down with Nathan Whittacre, CEO of Stimulus Technologies, to break down what actually works when it comes to optimizing and automating your business. Nathan shares decades of experience helping companies implement technology the right way and explains why most tech investments fail. What You Will Learn in This Episode Why automation without optimization...

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Most business owners think they only have two options when they want to scale: Pay expensive consultants… or give up equity to investors. But what if there was a third option? In this episode of Service Business Mastery, Tersh Blissett and Joshua Crouch sit down with Mike Michalowicz and Greg Eckler from The Prosper Group to break down a completely different approach to scaling service businesses. Instead of charging fees or taking ownership, their model focuses on partnering with business owners, executing alongside them, and only getting paid when the business becomes more profitable. What...

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Most home service business owners start as technicians. But scaling a business requires a completely different skill set. In this episode of Service Business Mastery, Tersh Blissett sits down with Elise Radawitz, President and Owner of Velocity Leader, to break down the leadership skills contractors need if they want to grow their business. They discuss why promoting your best technician into a management role often fails, how leadership is a learned skill, and what it actually takes to lead people effectively. Elise shares practical insights on developing leaders inside your company,...

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Most contractors are still hiding their prices. But customers are already finding that information somewhere else. In this episode of Service Business Mastery, Tersh Blissett and Joshua Crouch sit down with Paul Redman, President of Contractor Commerce, to break down the real impact of transparent pricing in home service businesses. They discuss why pricing transparency is no longer optional, how AI search and Google are already surfacing pricing data, and why contractors who don’t adapt risk losing control of the customer conversation. Paul shares how online pricing tools,...

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AI is no longer just automation or chatbots. It’s becoming a real employee for service businesses. In this episode of Service Business Mastery, recorded live at AHR Expo 2026, Tersh Blissett sits down with Dennis Steele, co-founder of Podium, to talk about the rise of AI agents and how they’re transforming HVAC and plumbing companies. From answering calls and booking jobs to handling angry customers and following up on estimates, AI agents are beginning to perform real work that previously required multiple team members. Dennis shares how Podium started by helping contractors get more...

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Marketing for home service businesses is evolving faster than ever. Rising lead costs, private equity competition, new AI-driven ad platforms, and changing consumer behavior are forcing contractors to rethink how they attract customers. In this episode of Service Business Mastery, Tersh Blissett sits down with Justin Riley, founder of UpFrog, to talk about what the future of marketing really looks like for HVAC, plumbing, and other home service companies. If you want to understand where marketing for home service businesses is heading and how to stay competitive in the years ahead, this...

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More Episodes

Most business owners think they only have two options when they want to scale:

Pay expensive consultants… or give up equity to investors.

But what if there was a third option?

In this episode of Service Business Mastery, Tersh Blissett and Joshua Crouch sit down with Mike Michalowicz and Greg Eckler from The Prosper Group to break down a completely different approach to scaling service businesses.

Instead of charging fees or taking ownership, their model focuses on partnering with business owners, executing alongside them, and only getting paid when the business becomes more profitable.

What You Will Learn in This Episode

• Why most consulting models fail to deliver real results
• The downside of giving up equity to investors
• How a no-fee, no-equity partnership model works
• Why alignment of incentives is critical for growth
• The biggest red flags in struggling businesses
• How debt structure impacts your ability to scale
• What “return on payroll” means and why it matters
• Why overstaffing is killing many businesses
• The difference between A, B, and C players
• Why titles can hurt performance inside organizations
• How to match tasks to talent instead of titles
• Why most businesses are doing too much unnecessary work

Timestamps

00:00 Importance of hiring A players
05:33 Formation of The Prosper Group
08:24 Making the business sellable
11:50 Northcote Parkinson's observation
14:27 Focusing on essential tasks
18:10 Staying true to coaching values
20:50 What they look for in companies
25:12 Evaluating employee fit and performance
28:05 Aligning roles and maximizing talent
31:42 Appreciating small businesses
32:27 Small businesses and workforce impact
35:33 Managing cash flow challenges
39:50 Talking with potential clients
41:52 Understanding the balance sheet basics

Follow the Host and Guest

Tersh Blissett: https://www.linkedin.com/in/tershblissett/
Joshua Crouch: https://www.linkedin.com/in/josh-crouch/
Mike Michalowicz: https://www.linkedin.com/in/mikemichalowicz/

Greg Eckler: https://www.linkedin.com/in/greg-eckler-68b79630/

Connect with Us
LinkedIn - https://www.linkedin.com/company/service-business-mastery
TikTok - https://www.tiktok.com/@servicebusinessmastery
Facebook Group - https://www.facebook.com/groups/servicebusinessmasterypodcast
Instagram - https://www.instagram.com/servicebusinessmasterypodcast

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