#96 - Business Breakdown: How to Make $8.4M with Well Drilling
from Owned and Operated - A Plumbing, Electrical, and HVAC Business Growth Podcast
by John Wilson
Published: Thu Feb 15 2024
Show Notes
In this episode, John and Jack discuss well drilling and do a business breakdown. Jack reveals that his friend earned $8.4 million last year from drilling wells. They underscore the significant financial investment, specific licensing requirements, and mechanical expertise needed to establish a well drilling company. Despite these obstacles, they remain optimistic about the potential for future business opportunities in the industry.
Episode Hosts:
- John Wilson: @WilsonCompanies
- Jack Carr: @thehvacjack
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John Wilson, CEO of Wilson Companies
Jack Carr, CEO of Rapid HVAC