EP: 140 Peter Roth  w/ Solar Wise - Going Solar: Taking Sustainability To New Heights - podcast episode cover

EP: 140 Peter Roth w/ Solar Wise - Going Solar: Taking Sustainability To New Heights

Jun 07, 2023•1 hr 13 min
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Hello June! 🎉🎉

This week, we have Peter Roth on the podcast! He’s the owner of Solar Wise, a solar energy company based in Colorado.

In this episode, we will talk about Peter’s interesting journey to the trades, what Solar Wise brings to the table, the important advantages of solar energy, and the one question he wishes people would ask him more but don’t!

Let’s welcome the new month with another episode filled with nuggets that you can use to take your HVAC business to the next level! Sit back, relax, and enjoy your favorite drink!

What are some of those limitless beliefs that you had to break down? 

What do you see in the solar industry and how can you integrate it into the HVAC space?

If I am planning to get a solar system for the next 25 years, what if I just used it for 12 years?

How did the first business you sold contribute to your HVAC business?




Find Peter :

On The Web: https://www.getsolarwise.com/
Partner Up With Solar Wise: https://www.getsolarwise.com/partner
Via Email: info@getsolarwise.com
Phone: 303-597-8687
Facebook: https://www.facebook.com/getsolarwise





Join Our Group: https://www.facebook.com/groups/hvacrevealed
Presented By On Purpose Media: https://www.onpurposemedia.ca/
For HVAC Internet Marketing reach out to us at info@onpurposemedia.ca or 888-428-0662

Sponsored By:
Chiirp: https://chiirp.com/hssr
Profit Rocket: https://callprofitrocket.com 


Transcript

Evan Hoffman

Hey, welcome back to another H V A C Success Secrets Revealed with Thaddeus and Evan. We've got Peter Roth on today from Solar Wise, and we had a fantastic conversation diving into all things, how you can add solar into your business in a seamless way, which is going to add more revenue to your business. And Peter's an expert at this because he did this in his own HVAC company, which he has now exited from that he built up to 10 million. That is what was your favorite nugget from this episode?

Thaddeus Tondu

I think part of it was just the whole, nothing glamorous about business and looking at some of the obstacles that in the limiting beliefs and smashing some of those down in, in Peter's story about coming from an I immigrant father in running his business and what he had to do in order to be able to flip the switch to grow his business to that $10 million, I think was a fascinating conversation. Peter, how about yourself?

Peter Roth

I think to me, like the thing that people should take, like the people that, what I would want people to take away is whether it's this or something else, like you need an irresistible offer. I think that's like the thing that will help your business find its footing better than anything else is if you just have an irresistible offer, because then you don't have to be the best at anything because you've got something that no one else does.

And so that's why I constantly am saying the words decom commoditizing. How do I decommoditize myself? Because when I'm commoditized, I'm constantly the victim of the next guy selling the same crap for a dollar less.

Thaddeus Tondu

And that was a great part of the conversation and I absolutely love that. So Evan, what about yourself?

Evan Hoffman

Absolutely. And at the end of the day, look, perfection is the killer of progress. We talked about that heavily on the episode. I love that part of the conversation. But Peter added $2 million in revenue to his business because of adding solar to it.

Thaddeus Tondu

In a system that wasn't as good as it is now.

Evan Hoffman

Absolutely. And, on average $32,000 per comfort advisor. Per month could be added to your business. Phenomenal conversation today. We definitely wanna hear from you what your favorite nugget was, so leave it down below and enjoy the show.

Thaddeus Tondu

Hey everyone. Welcome back to another episode of HVAC Success Secrets Revealed with Thaddeus and Evan, where we have good conversations with good people and any conversation worth having, it's worth having drunk. So cheers my friend.

Evan Hoffman

Always moving around, always adjusting

Thaddeus Tondu

The joys of a different life. But hey, you got a professional mic, so you're good to go. Today we have on Peter Roth to the show of get Solar Wise. He, fascinating story actually, when I had a conversation with him earlier and people think, oh great, another vendor, another solar person coming on the show. No, he actually had an HVAC business, had it up until about two to three years ago exited out of his HVAC business and realized, Hey, you know what?

There's a greater opportunity to spread the knowledge of adding in solar into what it is that you do. You're already in the home they're already doing those sorts of things. You might also have an easy layup, but the thing that I liked about what he was doing with his previous business, so we can get into some of those things. He I remember on the conversation I had with him was like, yeah, it was small shop.

We're doing about 10 million a year before he exit out of it, so obviously knows a thing or two about the HVAC side of things too. So excited to see and get into some of those conversations themselves.

Evan Hoffman

And also funny how he got into HVAC, but we'll, save that story for him. Yeah, no it's very often that guys talk about we want to add in electrical at some point. We wanna add in plumbing at some point. Some guys talk about adding in solar at some point. The ability to add it in without the extra legwork, I think is fascinating behind Peter's model here.

So I'm, excited to get into all the kinds of conversations around that, cuz at the end of the day, how can we add more revenue without adding more overhead?

Thaddeus Tondu

And that's an easy way. And, here's a little hint. 8K is the average commission from what he they do. So excited to really dive into that part of things. So this show would not be possible, of course, without our sponsors Chiirp, Profit Rocket and On Purpose Media and in no Particular Order Profit Rocket,

Evan Hoffman

We always just throw each other under the bus. With that, it's great. Look with cold profit rocket.com you gotta go check 'them out. Profit Rocket. If you wanna learn what Victor has done to grow his business from zero to 40 million, by the way, just announce the sale of his business and the partnership with new business partner. I can't remember the name of the, group that he partnered with, but congratulations to you, Victor, and the absolute airflow team.

But if you wanna learn what he did to get to that point, he's got it all laid out for you in the business blueprint. So go check it out at callprofitrocket.com because he has everything from SOPs to call scripts to what you need to be running in your business. The numbers you need to looking at from finance, what you need to do to prepare to sell. And he's got some great guests that come in and speak in the blueprint as well. It's fantastic. It is loaded with so much content.

The value that you get from that alone is worth probably, easily about 10 x what you pay for it. So it is tremendous. On top of that, you've got the Growth Summit that is coming up this September in Austin, Texas. The speaker lineup is phenomenal. I'm super excited to be there and be podcasting and. Sneak in and listen to some of the speakers as well because it's gonna be so amazing.

And you'll be able to take the knowledge that you gained from this summer, all the lessons you've learned from this summer. Go there, learn how you can apply the fixes and adjust to make corrections throughout next year. So I'm excited for that. Next sponsor is Chiirp.

Thaddeus Tondu

And if you're ever wondering, Hey, I have all these SOPs and, processes in place in my business, but I don't have the lead flow checkout chirp because I tell you what, Dave, he signed up and in his first month he added 42,000 in revenue to his business just with Chiirp. Cassie signed up and added over 80,000 in revenue in just 14 days with Chiirp. They are an automation CRM automation platform.

They have ringless voicemails direct mail integrations, automated text messages, rehash program, Google Reviews, goes on and on. Of course, using our link right here, chiirp.com/hssr get your 25% off your first three months, and I, even believe it gives you 25% off you're onboarding too. So there you go. Hit them up and get some revenue added in to your business. And of course, last but certainly not least, is on Purpose Media, but we'll talk a little bit about them.

Later on cuz they're a sponsor of our random question generator.

INTRO

5, 4, 3, 2, 1. Welcome to HVAC Success Secrets Revealed a show where we interview industry leaders and disruptors revealing the success secrets to create and unleash the ultimate HVAC business. Now your hosts, Thaddeus and Evan.

Thaddeus Tondu

One thing that I forgot to mention was his anything else you care to share? This is one line hook. How, my company helps HVAC businesses easily make an extra 32 k per month per comfort advisor without needing to learn a new trade or do any of the heavy lifting. That's a good line right there, guys peter.

Peter Roth

I'm the marketer too, man. At my core, I'm the marketer, man.

Thaddeus Tondu

Don't lie. Chat GPT wrote that for you.

Peter Roth

Actually did not. That's so funny. My wife, I don't think my wife knows how to write anymore because like she uses it literally to like, Write a thank you card for the neighbor. She doesn't even, like she uses for everything that I don't get it. I've used it, I've played around with it a little bit, but call me a little fashionist. So like writing a few things. I like being a marketer.

Thaddeus Tondu

I like using it for inputs to be able to help out. If you need to write something long, use it for, the idea generation if you're stuck where that's where you can use it. But I also got lazy. We had a buddy's 40th birthday and we bought him 40 individual tall boys craft beer. And we were on to write these, things about turning 40 on there.

And my wife had written a few and so then I went to Chat GPT and I typed in a whole bunch of different prompts and copied and pasted a whole bunch over to her. She's like, why didn't you do this like a week ago? I'm like it wasn't the last minute, hour.

Evan Hoffman

We got a few things on the go. Peter, welcome to the show, my friend. Thank you with us as well, so that's great. Instead of partaking in the liquor that we are. But why don't you tell us your journey into hvac, because I think this is fascinating.

Peter Roth

It all started actually with cigars. Oddly enough, it was like my very first when I graduated college, I was lost and confused. I think like most kids, right? Who graduated college, I had no idea what the hell I wanted to do. And this was back, I'm 47. How old are you guys? 36. 36. All right. So you guys probably like when you went to college, I don't know if you went to college, did you have Instagram and like Facebook and shit? Was that really that common then? Or not really? Facebook.

Thaddeus Tondu

Facebook. Facebook. Yeah. I think I signed it to Facebook in 2007.

Peter Roth

Yeah. See, that shit didn't exist. The internet was just being born. Cuz I was graduating college in 98. Yeah, that's right. So the internet was like just being born. It was mostly like emails, that people were doing. Needless to say the, content, the insane amount of content did not exist. Your podcast, like your show right here, did not exist.

Anyone who wants to learn HVAC nowadays Jesus Christ, they've got a wealth of information out there to, soak it all up without ever having to step foot into a trade school and almost be silly to even do that. Anyway, so more long story short I, like, I. Dunno what the hell I wanted to do. And I graduated and I went, did one stupid job after another, got fired from all of them.

Cause I was, that, I was the guy, like, whenever like reams of office paper would go missing and the pens would go missing, it was always this guy hoarding him in the back of his car. So I realized I'm probably not really cut out to work for other people. I should probably start my own thing. If I'm gonna steal from someone, I should probably doing it for myself, so that's, what led me to realize, I'm like, I gotta start my own business like here quickly. This is not, gonna work.

My dad we're, Russian Jewish immigrants. So owning a business was just like always in the culture. And it was never glamorous. It was nothing. It was like the opposite of glamorous. It was like, I have my own toilet cleaning business. Like it was the opposite of glamorous. So it didn't say I don't wanna dress it up to make it sound like something fancy. But nonetheless, I used to watch my dad like negotiate. With everyone and literally everything.

I used to joke that my dad would walk up to a Coke machine and be like, I'll give you 25 cents. I swear he was such old school, like with his negotiation tactics, like it was entertaining as hell to listen to, but really embarrassing when you're a little kid following your dad around. Yep. dad, just give him the two bucks. you don't need to negotiate the last 10 cents. It's a little, you're living the stereotype. Dad, come on, give it a break. It's hard enough for me to go to middle school.

I give it a breakdown. So anyway, so came back from college, had a couple stupid jobs that I hated, got fired. I think from all of them, realized I needed to start my own thing. No idea what I wanted to do, knew I loved cigars, and I was like, you know what? Screw it. I'll start a cigar kiosk at a mall. So I did that, started a little kiosk in a mall and it was great. Like it went awesome. It I'm shocked to this day that it went so well. Most people's first businesses ci, go for it then.

Evan Hoffman

No, You keep going. Ok. I was asking Thad

Peter Roth

I got plenty of Jewish jokes. Don't worry. I had a couple, I had a couple spin. You can get into a nice little hum wrestling match. Just a little. So I started the cigar kiosk and it did like shockingly well. Like I was actually blown away cuz here I am 24 years old. Very first real business and it just works. When the hell does that ever happen? So luck exists, let's put it that way, right? Luck does exist.

So that then grew up, I ended up building three more retail stores after that, which then ended up turning into this really ass really high-end, nice cigar bar. And did that for 15 years, and I opened this place up and obviously I had permission to smoke, right? Like clearly. But it wasn't like a glorified strip mall for lack of better terms. And the smoke would penetrate into some of the neighboring spaces, and they would, of course, complain about it as they should, right?

I wasn't trying to ruin their day. And but some of the cracks that were going into their space, like I couldn't reach those cracks. They were just impossible to get to. They're like in between the joists and stuff and I just couldn't get to 'em, right? So I was trying to let the landlord know. I'm like, Hey, these guys have to either you need to gimme access to their space, or you and Mr. Landlord need to go in there and get this fixed yourself, because otherwise it's just gonna keep leaking.

No one ever did anything about it. So they took me to court twice for eviction. They tried evicting me twice. I won both times one attorney's fees back both times, which sounds really awesome. Now. But it pissed the landlord the fuck off. Absolutely. Landlords don't like that when you won up them like that, right? Yeah. It does not sit well with them. So lo and behold it comes back. Full story.

But one, both of those eviction lawsuits because, but in the process, even the judge was like, yeah you win, but you still need to go fix your shit. You still need to go mitigate all this smoke, so go do X, Y, and Z and report back to me in three months or whatever and show me like what you've done. So I had to go and I'm scrambling. I know nothing about hvac, none about any of this stuff. I barely knew how to set my own thermostat at this time.

Let's be honest, I still barely know how to set my own thermostat.

Thaddeus Tondu

I was about to say I like most techs Sorry. Yeah. Like most people in the H V A C, their filters are probably some of the worst in the business.

Peter Roth

I became an accidental, like HVAC pro loosely putting the word pro. Okay, please. But I became a psych accidental HVAC pro because I was basically had a judge breathing down my neck going, go fix your shit or you're out. So I had to go and hire like a whole bunch of random commercial HVAC companies. They wouldn't even accept residential. And most residential guys don't know what the hell they're doing anyway when it comes to even light commercial work. Which is you probably noticed.

So I end up calling these commercial guys and these commercial guys took one look at my story. And they were just like just chomping at the bit and just drooling going, oh, we're gonna take the fuck advantage of this guy. They just, cuz they could see it. Like they saw exactly what was going on and sure enough, they gouged the crap outta me.

The first couple times I ended up spending probably, I don't know, a hundred, $125,000 over the course of two, three years in a bunch of failed solutions that, which did pretty much nothing and I didn't know any better. So I was just like I guess I'm just gonna keep writing checks, so I ended up finding a guy who like worked for one of these companies and he was like an independent contract for them. He and I became really good friends, excellent friends, like best friends pretty much.

And so he ended up just like hanging out at my bar all the time and just basically saying, Hey Peter, I'll just do all the work you need done in exchange for Bud Light. I'm just like, how the fuck do you say no to that? Okay. All right, cool. Done. And I swear to fucking God, that's pretty much how I paid this guy for the next five plus years was with Bud Light. No joke. I don't think I wrote this guy a check maybe two or three times for like small amounts. Not even good beer.

That's all he wanted, I swear. Yeah. That wasn't even me. That's all he wanted. So he, we became really good friends during this process, and fast forward a few years, I was the, place was running itself. It was, I didn't really have to pay too much attention to it. He pulls me aside and he is like, Hey you're bored. I'm bored. Do you wanna start an HVAC company? I'll, turn all the wrenches. And you start the sales and marketing side.

I was like, I said no a couple times cause I just didn't know if that's really what I wanted to do. And then finally ended up agreeing to do it. So that's how we got into that's how we got into hvac.

Thaddeus Tondu

And so how long did you, did anybody pay you, did anybody pay you in Bud Light when you started your business

Peter Roth

Cigars? Yeah. So that's it. That's, my story of how I got started in HVAC.

Evan Hoffman

That's unreal. I love the, Russian Jewish immigrant aspect of it because I've heard many, success stories that have come from I immigrant families and especially kids of immigrants, right? Once you get into that second generation, that third generation, you start to get that spoiled mentality that, came along with it. But the hustle that came out of those immigrant families is almost second to none because of what they had to go through just to exit at that point.

And then come over and then be able to grind and make their way and, provide a living for their family. And yeah, it was not glamorous. You hear Gary v's dad talk about running the liquor store and how Gary V had to run in the liquor store and he didn't own anything till he was 32 years old.

Peter Roth

I was watching that story yesterday. That's funny that you mentioned that. I was literal watching that yesterday. Yeah, I'm sure that's of him on the internet. But yeah, I was listening to yesterday about him. We have such a similar background, such a similar story cause like I said, that's why I put emphasis on those. Nothing glamorous about it. When we say business owner, it was not like what you think it was.

Thaddeus Tondu

It's, equivalent to the, truck and the truck in an aspect, right? In a sense. And relating that to the H V A C they've, essentially bought themselves a job, right? They haven't really they haven't ran a business. They're just, they're doing a job. And look, there's nothing wrong with this by the way, either if, this is you and I say this all the time, if you're happy being that type of a business owner, then great. Keep doing what makes you happy.

Peter Roth

Yeah, man

Evan Hoffman

There's, ways to do it and be profitable and have a good time and have a good life with it.

Peter Roth

When, you start a business out of necessity, like most immigrants do, that's exactly what it is. It's out of necessity. It's not for glamor, it's not because they don't know the word scalability. Like what is that? It's not even in their vocabulary, it's just, I did it. I have to put food on the fucking table.

Evan Hoffman

Yeah. Scalability to them was have more kids.

Peter Roth

Yeah. Yeah. It was started a business because they were starting a business. They're starting a business Cause they can't get a job. No one will hire them because of their language barrier. Half of these guys, my dad had an had a master's degree in chemical engineering. wanna know how far that got him here in the US You can imagine there's a million stories like that of immigrants who come here with doctorate degrees and they're like, spin on it. It means nothing, right?

Thaddeus Tondu

So it's outta necessity that's a, that opens up a whole nother conversation about that like that. And we would, wouldn't necessarily need to go down that rabbit hole, but it's, you. The knowledge is knowledge should transcend.

Peter Roth

That's what that was. It's interesting because I almost can see that in my mind it was almost like a handicap for me. Because I was also of that mentality that like a business is just a necessity. It's nothing glamorous. There's no horizon, there's no exit strategy's, none of those things. It was just a necessity to put food on the table.

So not because it was for me, but because that was bred into me through my culture, so I never thought about business in terms of scaling, in terms of growth potential, in terms of partnerships, and all these grand terms that you and I throw around all the time. Those thoughts never entered my mind. It was just, what do I gotta do to not work for someone else? That was actually my only motivation was just what do I have to do to not work for somebody else?

Thaddeus Tondu

And, so looking at that and taking the, non-glamorous, the not sexy part of that business of what your dad did. Obviously building the cigar shop up in one way. So just running itself. When you turned in, you started the HVAC business with your business partner. How did that experience allow you to bring more glamor into it? Obviously running a 10 million per year business is a lot more than just the one person out of necessity.

So what are some things that you did along the way in building that business to make it more glamorous, to get it to that point?

Peter Roth

You mentioned some of these names already. Like you mentioned some of these rock stars in this industry, like Joe Crisara and Victor, like these guys were. Absolutely, like beyond invaluable in my growth. I met Victor when Victor was just giving birth to his career, which fucking exploded overnight he's gotta win the award for fastest exploding business ever. That guy's, he has a absolute powerhouse. I'm in awe.

Even in the multiple industries that I'm in right now, I'm still very much in awe of his accomplishments. I think he's one of the most impressive innovators and, just business guys out there, period. And then Joe with just Joe made me wrap my mind around the notion that sales is so much more than just a pitch. There's so much more to it. It's such a more multifaceted thing, which bleeds into every single aspect of your business.

Like I ne it never even occurred to me that like CSRs need their own training from Joe. And I was like, and when I saw that, I was like, holy shit, they do. And my God, like it's these types of outside of the box larger than life, large orders of magnitude thinking. That really got me to like, expand my thinking too. Which like I said, I was inherently limited because of my thinking when I was a kid that like, we just start businesses to just put food on the table.

Thaddeus Tondu

So other than that starting, businesses for putting food on the table, what were some of those limiting beliefs that you had to break down?

Peter Roth

That was a big one. Oh, here's a big one. I grew up with this notion I, grew up listening to my dad get yelled at by everyone in the family. Anytime we would take go on a family vacation. my dad's side of the family all lives in Israel. And I remember we all decided to take, I was really young, we all decided to take a trip to go visit the family in Israel. And it was gonna be a two week trip. Cause if you're gonna take your family to Israel, like you're gonna go for more than a week.

And I just remember I was a kid, I was really young, but I just to this day, I remember my mom and his mom and everyone, and my grandma. I remember everyone like yelling at him going, if you leave the business, like literally with the Jewish grandmother shaking finger like this, and if you leave the business for even five minutes, everyone's gonna rob you blind. And that was the mentality. It's like you are married to your fucking business.

You can't leave the driver's seat for even a second, or everyone will rob you blind and the whole thing will blow up in your face. And my dad was like that too. Like he didn't understand the notion of the owner has got to step away from his business if it's ever going to be successful. That concept was so foreign to them. And I remember when I first started my business and I started getting really into reading a lot of business books oh, what's the the, EMyth? Who hasn't read the EMyth?

Good book. The EMyth. that's like the OG of business books, right? It's all, modern day good quality business books came from the EMyth because that's really where the notion of scaling and stepping back and handing over control and delegating this at all came from the EMyth. I'm sure there's other books that came before emt, but that's really in my mind where it was really kinda solidified.

And God, I got yelled at too anytime we would take a little vacation, I'm like, mom, my employees, they got it. And I have systems in place and there's things called security cameras and software. And she's the, waving of the finger still never stopped. So getting them outside of that mindset was almost impossible for the older generation.

That's why you go into like Korean run liquor stores and Jewish you dry cleaners and the owner is still there at 90 years old, slaving away every day and he will, he'll die there. It's the way he's been bred.

Thaddeus Tondu

That's, such a good thing it's a good recognization. And I think that's probably some of the, one of the most difficult things for a lot of people running a business is that whole stepping back, relinquishing control and delegating tasks out because it's the, notion of I can do it better than somebody else. Why would I let somebody else do it? But if you switch your mind to that, say, okay, can you train somebody or can you allow somebody by way of, fumbling through to get to 80% of your level?

That's it. 80% of your level. If they can get to 80% of how you do it, guess what? You've bought back a lot of your time because now you can move on to your key focus areas within your business. They're generate the most revenue. Good exercise too for anybody that's wondering or stuck at this level. this actually came the book, Buy Back Your Time by Dan Martel. I'm on a big kick on it. Phenomenal, book.

But one of the exercises that you do with inside of that, and this applies to really anybody, anywhere, at any point in their business, is saying, okay, write down every single task that you do on a day by day basis. No matter how big, no matter how small, five minutes, 10 minutes, 50 minutes an hour, write it down, and then you categorize it with a dollar sign, $1 being the lowest value, $4 being the highest value that adds revenue to your business.

And then after you've done that for an entire week, go back and look at those things and highlight the ones in green that light you up. That give you the most fulfillment, that fill your cup, highlight the ones in red that take and suck and drain energy. Guess what you do with the ones that are in red? You delegate them out and you get somebody to do it to at least 80% of your level.

And now you're gonna move forward and, obviously looking at the revenue coefficient on what's gonna actually bring the most revenue into your business. And now you can actually focus on the key things that are gonna light you up and bring the most revenue back into your life, into your business.

Peter Roth

When you said that you should be delegating things out and asking our teams to be only be we should be happy if they're performing at 80% of our level. Heck, I think we should be performing at 80% of our level, right? Because perfection is the killer of all progress, right? Like we sit here and get caught up in our own perfection. I gonna release this update until it's perfect. You're never gonna release it. It's we, should be operating at 80%. I think we'd all be happier if we did.

We'd be much. I know this.

Evan Hoffman

Well, I, something we said in our, in, in our business all the time is done is better than perfect. And it's something that, that is reiterated time and time again with our team.

Peter Roth

Hey,

Thaddeus Tondu

look, that's tough for type A's I'm gonna say that right now. That is tough for Type A's to get around this done is better than perfect notion. But really you can sit there and overanalyze and overed and over whatever to the end of the green until it's just perfect. But then you spent too much time getting it just perfect when really those last couple tweaks that you're gonna make, not gonna do any of anything. I'll use us as a great example on this in the content that we put out, right?

There's, stuff that even a month ago I didn't like, but it was done. And I say, great, let's launch it next time. Let's do this. And then we just get it out there because honestly even, what was done beforehand could actually have been good and pulled better than what I think is gonna work as well. So you just, you never know. Just get it done, get it off your plate, move it out the door, move on to the next.

And that's actually something that you look at any of the top businesses that we've had on our podcast, speed.

Evan Hoffman

I'll look at every cell phone that's ever delivered. It's never perfect. That's why they do updates. That's right.

Thaddeus Tondu

And that's why they keep on coming up with new phones and apple's on, like Apple 27 now, or whatever number they're on.

Peter Roth

I'll be talking to you guys for my Apple Vision Pro,

Thaddeus Tondu

right? No, that's the metaverse. We can go hang out and play Roblox together with headsets strapped onto our faces.

Evan Hoffman

So in your business and maybe this happened at the Cigar shop before it happened at the HVAC business, but. At what point did you realize that, that you were the, kryptonite, you were the bottleneck behind the business and you were holding it back from it growing to where it could be?

Peter Roth

Oh God. On day number one, I. Pretty humble to know that I couldn't make this all happen myself. I, had done enough reading at that point and had enough like just insight to be able to understand that. I can't there's only so much that I can do. I'm way better off just delegating stuff out and making sure that everyone is doing their job than me sitting here trying to do everyone else's job. Let's just a recipe for failure.

Evan Hoffman

Love it.

Thaddeus Tondu

Do you live on a golf course?

Peter Roth

I do not. Why?

Thaddeus Tondu

Oh, just I, keep seeing people walk behind and I'm, it looks like they're, pushing a golf cart

Peter Roth

like back into the green belt and the tennis court is right there and the pool is right over there. So there's like people.

Thaddeus Tondu

Ah, it's probably people in their tennis clothes. I get it. That makes sense. Perfect segue actually into the random question generator, Evan, unless you had any other final thoughts? No, we good that All right, cool. So the random question generator, by the way, is brought to you by on purposemedia.ca. They are your local marketing experts for the home services and just happen to have a flare for dealing with H V A C companies.

But if you're ever wondering, Hey, is my marketing actually on par or not? Hit us up on purpose media.ca/marketing analysis. I said us, because guess what? We're the owners behind it, so it is our company. If you do have any questions, hit us up. We're here to provide value as much as we possibly can. Random question, Peter, part of the show it's one of my favorite parts. We actually have four queued up. I actually haven't even read it, so I don't even know what they are.

This is how random they're gonna be. You gonna choose, yeah. You have you get to choose. Do you want question 1, 2, 3 or four? We don't get to tell you what the question is until you tell us the number. Let's go one. What is the most unique or unusual talent you possess that No, not many people know about.

Peter Roth

I'm, really good at detecting brands of beef jerky. If you give me like 10 brands of beef jerky and little blind samples, I could probably get about 75%. That is a very, I'll be signing, I'll be signing autographs later. Don't worry. There's, a very unusual and unique talent. I was tempted to mix in my, own beef jerk into that equation to see if you could detect if it was homemade or not.

Okay. I, bet you I could determine that the homemade beef jerk is I think he's usually pretty, it sticks out. Yeah. Commercial beefer has that, sort of just glossy, sugary, crappy, a texture to it. It's always different.

Thaddeus Tondu

Now is it just the taste that you go on in texture or is it the sight of it too? So can you look at it and tell me

Peter Roth

Oh yeah, for sure. All, three. Yeah.

Thaddeus Tondu

What if it, what if you're blindfolded, would you still have the same level of accuracy?

Peter Roth

Sure. Sure. Yeah, absolutely.

Thaddeus Tondu

I know what we're doing next time. I see, I'm very excited. I'm gonna go buy nine different ba brands of beef jerky and I'm gonna put one of my own mixed into it. And I'm gonna, and I'm gonna let you test it. And then the next question I'm gonna ask is, what type of animal is it? Is it beef or is it venison or is it elk?

Peter Roth

Oh, come on. That's not even, that's not even a challenge.

Thaddeus Tondu

All right. Sold. Technically there'll be seven store bought and three of thas. And away we go so.

Peter Roth

I can't, I will fly out there for this.

Thaddeus Tondu

Stolen, I'll send you home some too. You can actually, take venison back across the border. You can fly with it too. I always love, that question. Do you ever bring in any meat? Yep. I'm like, what do you got? I'm like, venison. They're like, and they, always look at you funny when you tell 'em that you're actually bringing meat across the border. Cuz it's and then they, you can see their wheels turning to see if venison's actually legal or not. And it's completely fine because guess what?

Deer don adhere to the border crossing agents. Can they just go wherever they want's? A good point. Alright, getting back on track. Yeah. Part of why we have you on is the solar aspect of things. And, look, if anybody's lived under a rock the last few years, solar is definitely making a big push in basically any industry, right? There's a lot of people that are making the movements specifically in places like California and the Sunbelt states.

I believe there's also, I don't know if it's US wide, you probably know, but that 30% I think it's a federal credit that you get when you install solar. Combining it with an hvac. And I know when we were chatting you had actually mentioned some unique things that And the way that this is, you're not adding in a brand new line into a business, right? There's ways to do it without adding in. Say, Hey, we also do solar.

Right now you're building out a whole nother department, which we've had other people on the show. Say just master the ones trade, right? This is just an easy layout by training your selling your, sales guys and gals to be able to just add it into the mix, into the equation to be able to do it, and then it can almost cost consumers next to nothing. So I thought that was fascinating stuff. So what are you seeing in terms of, the solar space and integrating in with the H V A C space?

Peter Roth

I'm seeing a lot more of it happening now. Finally I think people, solar is, such a new industry. It really has only gotten its real legs in the past past decade or so. Up until then, it's just been those very few early adopters that really brought it on. see them with the old homes, with those really washed out milky looking panels on their rooftops. So it's been just the early adopters.

Now it's, finally starting to hit mainstream and it's, really like the wild, West because there's like very little to no regulation on it, which isn't gonna last long. But right now there's like almost no regulation. Just everything is unlicensed. Anyone can do anything at any, it's crazy. Like it's, s a little bit nuts. There's a hundred million homes in the United States that can go solar, that are fully ready for solar right now. 1%, I'm sorry, 3% of them have solar already. That's it.

Three. 3 million homes in the US have solar. There's a hundred million more that can't, and I'm not talking like ones in Alaska and Montana. No, I'm talking ones in solar friendly states that already have laws that favor them, that have rooftops, that are ready for them, that are perfectly viable candidate for solar. And there's 90, and there's 97 more million of them to go as of today. And obviously we know the population exploding and all these new homes popping up all over the place.

That number continues to expand every single day. So it's crazy. So we're seeing it. There's a bigger the roofers are the, were like the original home improvement companies that really started getting into solar because it was just a little bit more of a natural tie in and they're, already dealing with that kind of stuff anyway, so they've been catching onto this a lot longer than some of the other trades.

But HVAC is such a natural pairing because of the natural energy efficiency conversation that comes along with it. So it just makes sense. If that answers your question.

Thaddeus Tondu

No, it definitely does. That stat that you dropped a hundred million, homes and only 3% market penetration that's, there's a lot of opportunity there, right? And like even heck I'm in Alberta in Calgary specifically, and we get some of the most sunny days av highest average sunny days in all of Canada out of all major cities in over 300 sunny days. And like in wintertime in some places, depending on the sun level is still viable in even some of the northern states.

Obviously the southern ones are even better, but because of natural ways obviously of how that works. I guess if somebody, where does somebody start I guess let's start there because you look at how can somebody potentially look at adding this into the mix? Or I guess why should somebody even add this into the mix before they look at adding it into the mix?

Peter Roth

That's the question. Yeah. The why is, the big question and, I'll tell you my story I think my story will help will, help other HVAC owners understand why this makes so much sense is because we were in HVAC only, right? We didn't do plumbing, we didn't do electrical, none of that stuff. We were HVAC only. And we were in HVAC only because anyone who's in HVAC knows that HVAC's a really fucking good business to be in if you know how to run it right?

There's just so many potential there's so many other, potential avenues for, revenue in HVAC that doesn't exist in plumbing and electrical. Electrical, my light switch is broken. Cool. What I mean sell you a monthly membership feed or for your light switch, like this just doesn't make a lot of sense, right? There's just not a lot of revenue potential in those other

Evan Hoffman

I was just thinking could you imagine the sales guy that can sell a membership to someone that walks through the house and just flicks on light switches?

Thaddeus Tondu

Hey Alexa, turn on my lights.

Peter Roth

Yeah, and I'm sure Joe Crisara has already got a program for that. It's been around for 20 years knowing him. So I got into it because here I was at the time I was still going door, not door I was still going in the homes selling HVAC and before I was, became the sales manager and I loved it. I really did enjoy I got burned out eventually, but I really did enjoy doing it cause I love sales and I like talking to people and I, lo I just love the challenge of the sale.

And here I was creating these amazing relationships with these homeowners. Cause that's all I'm just a relationship based guy. And People buy from their friends, right? They don't buy from the guy who knows more than the next guy they buy from, the guy they like, right? So I'm like, if I can just be likable, you're probably gonna buy something from me, right? And it works, right?

I was going into these homes, creating these great relationships, selling them pretty high-end product packages, iq, the whole deal, right? Shout out to Gene Slade, by the way. If anyone needs coaching on iaq, man, gene Slade's the guy to go to. But so he taught me a lot of great stuff about IAQ sales and we, took the, his stuff and even adapted it to our own kind of methodologies and created some with some really creative sales approaches to I aq that was, we were doing remotely.

And that's how we end, that's how we ended up adding in remote sales, totally virtual sales into our HVAC was through Gene's training, which we realized could be done totally offsite. That was, I'll talk about that too, if you guys want. Cause that was a really cool way of adding in a lot of extra revenue. For guys who don't wanna leave their house, a k a me.

I'm in these homes, I'm selling 'em all these expensive packages, creating great relationships, but now I'm outta shit to sell them and they would totally buy more from me if I had something else to sell 'em. Cuz they loved what, they love me, they love my product, they love our company and our service. And they're like, what else do you got? We'll buy it. And here's what I didn't want to do. I didn't want to add in electrical, I didn't want to add in plumbing again. Sorry, plumbing guys. Sorry.

Hvac electrical guys didn't wanna do it. That was like you mentioned, it's like I didn't want to have to add in a whole new fleet to go out there and turn wrenches. I just didn't want to do it. That was always the biggest bottleneck in our business was the installers. I'm sure I'm not unique in that regard, so I'm like, anything that I can do that doesn't involve me bringing in new labor. Was definitely key.

So I knew, I realized I, I had to find something where I was really a middleman something. I was just pushing papers across the table and I weighed out a bunch of different options. And solar, by far, like by a landslide was the best thing because there was, I found ways that I could do it completely hands off where I was just a sales guy essentially. But like you even mentioned in your intro, the average sales commission on a solar deal is eight grand average without even being the installer.

So I'm like, I don't want to be the installer. Why would I deal with all the goddamn headaches? I know all about that. You don't need to tell me about the headaches of being an installer. So I'm like, if I can if I can make eight grand up, which is more than we were making on complete system, change out sometimes. How many guys here are making less than eight grand on a system change out? There's a room full of a hundred people.

I'm sure more than half of them would be raising their hands right now. So if I said, Hey, if you could do a system change on, you never had to lift a damn finger and just push some paper on to someone else, would you do it? I think every one of them looks like, fuck yes.

Thaddeus Tondu

But most, sales guys like money and sales gals sales people. There we go. Last I heard, Business owners. Most people like money.

Peter Roth

I think so. So that's where the kind of the idea was born. And so I developed some relationships, found the way to be able to start bringing in nationwide installers that I could outsource the projects to. And we were doing a very primitive version of it back then. Now the version we've got now is like way the hell cooler. There's really interesting things that we can do.

Now, back then, I just didn't know how to do it and I didn't have the licensing or the ability to pull these stunts off, but now I can. So back then we were just just straight up selling solar to people and it was a complex process back then because of all the paperwork and bureaucracy and red tape and the tax credits and stuff like that. So it was a little bit of a challenge. You really had to do a little bit of learning to make it work. It was great.

I loved it because it was a really easy upsell. I was, I already had the great relationships relationships with people at the time. I decided I want to treat it like a separate transaction. I didn't want it to potentially cannibalize our primary obje, our primary objective, which was selling hvac, but I didn't want it to step on my own toes. So I was like, okay, then maybe I'll do it in a separate transaction, right?

I'll come back later, I'll call them up I'll come up with I'll, find an excuse to call them up and figure out a way to do that. And we did, and it worked great. But like I said, but then that's when we found a much, much better way. To, do this, which I'm happy to share with you guys if you'd like. Yeah,

Evan Hoffman

keep going.

Thaddeus Tondu

Yeah. I just was say one of the things is like the why. The why is done, obviously adding it in to it without, really, without building in a team. It's just training your, staff to be able to add in that extra layer in terms of the sales process. And so now it's really about the how's, like great you had me at, you had your sales guys at eight K and I'm sure that the business owner can obviously make some off of that too, and maybe not spin that off to your sales guys.

And there's some structure behind that I'd be curious to get into some of that part later on. But now I have the why. Now let's get into the how.

Peter Roth

Sure. So like I said, I was doing a primitive version of this back in the day, and then once I started building up my own company and realized that there was some really cool hidden opportunities here that really paired well together, this really cool symbiotic relationship. It works best for hvac, it works really well for roofing. It works okay for like window. It works well for a window replacement companies too, but it works best for HVAC companies. Why?

Cause of the natural conversation of energy efficiency, right? So here's I'll, give you like a real basic pitch. To wet your appetite a little bit. So the real basic pitch is you, come into the home, right? The customer says the, my system's not running, or it's cycling, or it's doing some weird shit, whatever. I don't know how to describe it, right? It's doing some weird stuff. Cool. Let me go, take a look at that, Mr. Homeowner.

My primary objective here is not just to fix your system and get it back up on some crutch and moving along there for you. My, my main objective is to find the problem itself, right? I don't just wanna keep throwing bandaids on it, if it's up to you. Do you wanna just fix the problem or do you wanna just keep me throwing bandaids on it? Of course, they're gonna say they wanna fix it, and I'm like, it doesn't even necessarily cost you mu much more money.

It just means I gotta do my, the thing that I'm good at, which is actually do some, investigate some investigative work. Do you want me to do that for you? They always say yes. Cool. Mr. Homeowner, look the, True Health report of any home pretty much is hidden inside of your utility bill. That's like the canary in the cold mine. That kind of shows me everything as to what's going on with your home. It's like the lab results of your blood test.

Like you may look real healthy, but your lab results don't. And that's the lab results of your home. So if you've got a utility bill nearby, you want to go grab it, I can go take a look at it for you real fast. Of course they say yes. They go grab it, take a look at it. Jaw drop. Oh shit, I'm seeing some stuff here. That's definitely concerning me. shout out to Joe Cera.

Man. One of my favorite things that Joe ever did was like, always prefaced by saying if I see anything that's concerning, do you want me to just go ahead and make a note of that for myself? So that, are we keep records of that or did, you want me to bring that to your attention as well? I love that line. I think I said that to my wife now all the time too. Shut up. I know where that comes from. So they stop trying to sell me shit, Peter. We, start with that.

Of course, now you have permission to show them the problems and then that's when we go. And I have a whole pitch for this, by the way, and it's really simple. It is not a complex pitch. It's designed like I, this is designed for any guy to totally get quickly. It's short. It's like literally half a page long. The whole pitch. And I trained the guys on how to do this. This is not designed to be this complex all day training thing. It's not a month long thing.

It's we sit down for a couple hours and you're ready to rock. So I, show them on how to read a utility bill. Un show. I show them how to identify the problems. I show them how to convey those problems in an effective manner to the homeowner. And then I show them how to solve these problems. Here's the thing with utility bills, it's like cancer. It's like the silent killer, which grows in sight of you sight unseen until it's taken over half of your body and then it's already too late.

And you didn't even know you felt fine. And then until you felt some lump, right? That's cancer. And it sucks, right? It's a silent killer. You don't even know it's happening. Or like when you go to your doctor, like I said with the lab results I feel fine. And he is yeah, this piece of paper is seen strongly disagrees, right? This piece of paper says you got a a week left to live, and you're like, shit, I better cut out the bacon.

So that's what this piece of paper does, and I show you exactly I show these guys exactly how to convey that in a super effective way. So now the pitch for this is, amazing. It's really, cool because, and I'm not just saying that because I sell shit, it's really cool because here's, the deal, like with solar, there's this 30% federal tax credit. It only exists for solar. It doesn't exist for any other thing and, it's been protected for the next 10 years.

So this pitch is viable for the next 10 years. And if they extend it further than great, but we got this 30% tax credit, which essentially acts like a 30% discount for intents and purposes. It's the easiest way to look at it. It's just a straight up, 30% discount. So now I'm able to talk to the homeowner and say, Hey look, we're gonna take a look at your system and then I'm gonna share with you what I find.

So now we go down to the basement, take a look at the system, come up with my, write down my list of issues, come back to the kitchen table, come up with my list of issues, and. Obviously the, natural move at this point would be for an hvac selling tech or a tech or even a, comfort device or whatever, to of course, gently pitch a system change out, right? Using whatever techniques that they want to use. And that's cool and that works a certain percentage of the time for sure.

And there's guys who are really great at that. And the Baker bitcoin core is a, master of that. But there's a way, there's an even better way. And here's the kick ass way to do it. If I'm able to pull that homeowner down and I, sit them down and I go over my list and I go here's some of the things. I go over my standard list of the problems I've found with, the system. Nothing unusual there.

But now before I start mentioning Hey, do you want to keep putting money into this thing that's already on its last legs? The usual pitch that everyone does now? Instead, what I'm able to say is Mr. Homeowner, the owner of our company, he was recently approved for some federal funding in order to do some really serious energy efficiency upgrades to the homes of his customers.

What that means to you is that basically we can now provide really serious energy efficiency upgrades to you with no money outta your pocket whatsoever. Would that be something you'd be interested in maybe hearing about? Sure. Peter, why not? Cool. Look, if you guys were interested, I could show you how you could go solar, and here's what that does for you. Very simply put Mr. Homeowner. Solar's just a simple bill swap. It's all it really is, right?

We're taking your expensive electric bill, which always keeps going up. It never stops going up. Minimum on the lowest end, 4% a year in some quiet states, upwards of 15 to 20%. In places like Texas, it's just always going up. It's the silent kill that I was talking about. Now all we do is we make that we, get rid of that and we replace it with much cheaper solar. That never goes up. You're locked in. It's the same price, and what's such a no-brainer about it?

Mr. Harmer, lemme ask you a question. Just your utility company did, do they have to call you to get your approval to ask for, to increase your prices? Oh, they don't. Do you? Are you ever gonna stop paying your utility company? No, you're not l let me ask you a question, Mr. Homeowner when, you bought your house is, it did, you get a did you get a regular mortgage or, variable rate? Was it a fixed rate or, a variable rate? Oh, it was a fixed rate. Let me ask you a question.

Would you ever get a variable rate mortgage that had no end date, to it at all? Everyone's no, absolutely not. And I'm like, do you realize that's what your utility company's doing to you? Now? Isn't, this pretty much the definition of of, predatory loan variable rate, no end date to it? That's a predatory loan, right? And do we realize that at least with a predatory loan, when you pay it off, you at least own the underlying asset, right?

At least own the house when you're all done, if you underpay, if you ever pay it off. But do you ever get to own the equipment that makes electricity for your home with your utility company? So it's even worse than a predatory loan, right? And they're like, shit. Yeah, I never even thought about it that way. And, that's when you're like, don't worry. Neither did I until I went solar. I'm not trying to make you feel bad, like I was just as guilty of this.

This is why I'm saying it's like the silent killer because all this stuff has happened because I didn't even look at my utility bill ever. So I had no idea all this evil shit was happening behind closed doors. I had no idea. You didn't know. My mom didn't know none of these people who now in my family have gone solar. They had no idea. That's okay. That's why I'm here. That's exactly why I'm here. So here's an option for you, Mr. Homeowner, if you'd like.

What I can do is I can put together an option for you where we get rid of this expensive, increasing electricity bill. Like I said, that goes away. We replace it with much cheaper solar that never goes up. Eventually you pay it off and now it goes down to zero.

On top of that, what I could do at the exact same time for you, because of your really lucky timing today, is that if you wanted, if it made sense to you to replace your HVAC system, now we could lump these two together and the same finance product. And the cool thing is, there's this 30% tax credit right now for solar is put it together on the same finance product. Now it's like you're getting an automatic 30% discount on your entire HVAC replacement system.

I can't even get 30% discount from my friends and family. So if you'd like, I can show you what this comes to. It'll probably be about the same price as what you were paying on your electric bill before. Now you got a whole brand new, now you got a whole brand new HVAC system on top of that too, we're gonna warranty it for the next, number of years. You don't have anything left to worry about. What do you think Joe Crisara, what should we do?

Thaddeus Tondu

That's a good, what should we do? Let's that ball into their court. And look like this is, it's an easy conversation, especially when you have the training involved into it, to just be able to add that in. Great. Now somebody's okay thanks, for that, Peter. We have now the, structure in place. We can add this in. What happens next? I'm a business owner. what, makes the most sense for me? How am I gonna capitalize on this if we're I gotta pay my, sales guys gal, this how can I make some profit?

Et cetera, et cetera. What's, that part look like?

Peter Roth

Logistics. Okay, cool. Yeah, I'll talk about logistics before. Yeah. Simple, 30,000 foot view. Before I do that, can I bring up why this is such a good idea for, other than the obviously really cool pitch that comes along with it, which is super hard to say no, to think about it this way, guys. If anyone is watching this right now, pay attention. This is super important. When you're pitching this, do you realize that now you've just decom commoditized yourself?

Because the reality of it is, it's like everyone in this industry always talks about how do I make my company stand apart from the rest? How do I become the premium dealer? How do I charge more than the next guy and validate that, right? How do I raise my value so that it exceeds my price, right?

This is sales in business building 1 0 1, but the fact of the matter is, I'm sorry to burst anyone's bubble, but the fact of the matter is, that any other HVAC company has also been trained on probably the exact same thing, right? So anyone who's worth a dam and has done Joe's training or Vic's training or, anyone's training is already doing that, right? So this is becoming a pretty competitive market these days.

These guys who have 20, 30 fans on the road, you don't think they've gone through that same training too. You don't think that they have a good value proposition pitch as well. Do you think anyone goes into the person's home and says, we have the, we have a mediocre warranty. We have the second best systems in the planet. No, everyone's, I got the best this and the best that and the right. Everyone's got the best everything. So just because you think that you have the Crispus white shirt.

Yeah. The next guy's got one. That's crispr. Yeah I took my shoes off at the door. Yeah he did too. And he had a really custom logoed mat and he left it with your neighbor. Yeah but, I gave them a mug. Yeah. He gave them two mugs, right? for us to think that we're so special, it's dude, come on guys. This is the internet area. Everyone has access to all this information.

Like I was talking about earlier, anyone, if you're up against high sophisticated companies anymore, these days, they're doing the same thing that you are. So you're really not standing out. But now you can, right? Because now you're able to really get rid of your competition because now you're able to show them, even without the solar part, forget the solar. Forget the fact that I just saved you this money. Let's just put, let's just shelf that for a second.

Now I'm able to sell you the HVAC system for 30% off. No one can do that. So now I can get you into the most high efficiency system there is out there at a cheaper price than the next guy who's pushing single stage garbage. And on top of that, I'm able to get it to you for pennies on the dollar because of the payments been spread out onto a 25 year loan product as opposed to everyone else who's pushing a 10 year home improvement loan.

And on top of that, how much do home improvement loans run for these days? I don't even know cause I don't use 'em anymore. Nine, nine, ten nine, something like that. Pretty standard, right? Close. But with solar? With solar, I can get you down to 3.99%

Evan Hoffman

And you can lump that all into one payment.

Peter Roth

Yep. It's a fucking no-brainer. That's what I'm saying. And now you've just weeded out your competition cuz they can't touch this anymore. I don't care if they have a better system, I don't care if they have better pri retail pricing on the package itself. It means nothing because the buny payment's gonna be way, the whole higher and they can't get you a 30% discount, but I can. So I've just decom commoditized you, you now don't have to worry about your competition.

Now when they, we need to get multiple quotes, really, what is that gonna do for you? Are you gonna be able to get 30% lower at my price? No, you can't.

Thaddeus Tondu

And if they do just the HVAC unit, it's probably gonna come in close to what you're doing for both. And that's where it becomes aer. Cool. So back onto that that 30, 35,000 foot view on the economics of things, I'm a business owner how do I, make money off of it? What's the, general aspect of how that looks?

Peter Roth

Yep. Okay. Logistics, and this is the easy part actually. So logistics is you, find a company that can help you put this together for you, whether it's my company or there's a couple others in the country that do something somewhat similar. I, haven't sat down with them to hear their pitch and I don't know their exact layout, so I don't know for sure how good it is. All I know is that this is all we focus on. This is all we specialize on because of the fact that I came from the HVAC industry.

Anyone else who does this was not from the hvac? How many guys do you know that are specialists in both of these industries? In tandem, right? Like almost no one, I bring this very unique skillset to the industry, which is awesome because now I can create these very unique custom programs because I know your business. I know exactly how you guys run things. I know what your guys are like. I know what your comforts, comfort advisors don't want to do and what they don't wanna learn.

I know those pains. I've been through them myself a million times. So to answer your question very simply, I created a program basically, which is a really simple, short thing. It's, very simple. I come in, I don't even come in, I do the whole thing on Zoom. I train your guys over the course of a couple hours. I train them on how to pitch this. I provide them with the whole thing fully scripted out. Very, simple to follow.

I created the infrastructure for all of this to even happen in the first place. And by the way, we can take this even one step further because this infrastructure's already in place to be able to provide the funding for hvac. I don't have to stop there. I can provide funding for just about any other home improvement project they want as well.

This is where the pitch gets really interesting, because once you get their buy-in on the hvac, if they go, yeah this is a no-brainer, why the hell wouldn't we do this? And you're like, yeah, no shit. Obviously right now you got their buy-in on this and you're like you guys, I wanna throw this out there. Were there any other like dream projects that you guys wanted to get done around your house?

Like maybe a dream pool that you've always wanted to install, or maybe the basement that you've always wanted to refinish with that cool man cave and the cigar bar down there, or just a kitchen, re kitchen remodel? Anything like that you guys have wanted to do? Yeah, Peter, we've always wanted to remodel our kitchen. That thing sucks. Oh, cool. So now I talk to them. I living the dream. I have them really put themselves inside of this new kitchen. Oh, tell me about this new kitchen.

What kind of flooring? What kind of countertop? Is it gonna be modern? Is it gonna be traditional? Tell me all about it right now. Really? Oh, are you going to, can you see you and your wife hanging out in there, making dinners together and sipping wine? What kind of food do you like to make? Who does the, who's the big chef from the family? Come on, don't lie. So really get seldom on the dream. Get them emotionally tied in on this new renovation project now.

And you're like, now once that conversation is done, you're like hey, Mr. Homeowner, if you'd like, what I can do when we go to check the finances, what I can do if I can check to see what you guys might qualify for. And maybe there's enough funding there to get some funding for that kitchen as well. Of course, at the same 30% discount and with the same really low. Payments. Would you like me to check to see if you guys qualify for that additional funding?

Now you tell me that another HVAC company can come in and steal your business from you. Can't be done.

Evan Hoffman

No, and it's fascinating cuz it's something that and I both sold Cutco and Knives. We talked about our numerous times on the podcast, but that was something that I always did with customers on that appointment was building a wishlist. And then connecting them to that through some type of emotional capacity, like we talked about buying gifts for their kids as like a, chest item, right?

The old families that used to have the chest that they would give their kids and it was full of antique items and things like that. We talked about putting Cutco knives in that. And I would sell four sets to a, family where they had kids that were under 10 years old and they would keep them for 10 years before they even gave 'em to their kids. So being able to connect and, sell off of emotion is, incredibly powerful cuz people buy off of emotion, they justify with logic.

So I think you've, hit the nail on the head here in terms of emotion, in terms of being able to, really make this make sense in terms of owning the market share in terms of owning customers and being able to keep them on long term. Help it make sense from a logistical standpoint now to the business owner. How do we implement this? How do we get What, do the economics look like for me as a business owner?

Peter Roth

Cool. Super simple. So this is actually the shortest part of the conversation. So I'm gonna go on reverse order. So the, funding for the, we'll call it a kitchen remodel, we'll call that. Okay. So this gets all wrapped up into the solar loan, They're generally, we're gonna check their credit first. We'll do a soft check, by the way, no hard pull whatsoever. They don't even do a hard pull until 60 days after your solar system has already been installed. Get that? Isn't that crazy?

So no hard pull. So this whole thing is just on the soft pull. It doesn't even affect your credit. We only take the last four of your social. So now like I don't even have to do a, hard poll. There's cool benefit number one. Number two the, funding for the dream project, we'll call it in this case, the kitchen that is just simply a check that gets written right back to the homeowner. I'm gonna ask them, how much do you think this dream kitchen remodels gonna cost?

And they're gonna say, oh, probably 25,000 bucks. Cool. We'll write them the check cause we're gonna over, we're gonna fill up that solar loan with this additional funding for that. So now they get a check back for 25,000. And the same exact thing happens for the hvac. We just add that in onto the solar loan. Just a simple line item, not even fancy, one item HVAC 15 grand done, boom.

Evan Hoffman

And then that gets handed back to the HVAC business. Got it.

Peter Roth

Yep. Super simple. And then the solar, that just, solar, always takes a couple months, generally speaking, to get installed. Depending on what part of the country you're in, we can get that done in 30 to 60 days, usually speaking.

Evan Hoffman

So outta curiosity then, if I'm paying for this HVAC system for the next 25 years in theory, I'm, planning to even stay in this house for 25 years do you not see an issue with that when the average system's only lasting 8 to 12?

Peter Roth

Nope. It's not a problem at all. So first of all, why would that ma, like, why would that matter? We people finance things all the time. The way the finance lacks longer than the equipment itself, that's not unusual, right? That doesn't stop people from, doing things like that. When you go to sell the home is a very common question. What do I do when I sell the home when we go to sell the home? That's a simple thing, right? We can just, a simple transfer doesn't cost to anybody a single penny.

We transfer this over to the new owner. Or you can choose to just pay off the whole thing you want with the extra proceed from the sale of the home. You can do it either way. So simple, not hard. Yeah, that makes sense. Now let's, let me answer your question about what's in it for me, the HVAC owner, right? How much do I think, right? Let's talk about that, right? That's what everyone really wants to know. So let me throw out some metrics. Simple ones, really simple metrics.

So the average home in the US requires eight and eight kilowatt solar system. That doesn't mean anything. Forget that. All that matters there is that the average commission per kilowatt is a thousand dollars, hence $8,000 commission on the average home in the United States. In Texas, I've sold 25 kilowatts systems. So we're talking $25,000 commission. So Texas companies should be paying attention for sure. Solar in Texas is just booming. It's the biggest state by far for solar right now.

So there's, your average KPI to keep track of, which is the eight grand per home, right? Just using the average, home in the United States. Now, as far as splitting that, you can do that however you want. I've had conversations with business owners and we've gotten to, we spend a pretty good amount of time really philosophizing over how to do this.

What I have learned is that you don't want to overdo it with your reps, like with your comfort advisors, because then they'll just leave and go sell solar. It's just seriously, it's like when they see eight grand on a solar sale, like, why am I peddling why, am I peddling the, this HVAC crap to make 400 bucks on a, I see guys who are making 400 bucks on a system change out. Yikes.

So I always tell 'em like, you guys, you want to keep it in line with whatever your like high-end commission is, and if it's a full high efficiency system change out, and if your guys are making 1500 bucks on a system like that, then I would keep it somewhere in that ballpark. You don't want to totally eclipse that, because like I said, then they'll just jump ship and go sell solar instead. Keep it somewhat similar, but that's great because look, now your guys make is this easy money, right?

Because such an easy pitch. So now he's able to triple his income. Could you imagine if a comfort advisor who's used to selling, who's used to, by the way, pulling teeth in order to sell a full system change out, right? Which is not an easy thing. No matter how good, unless you're Victor Rancour, I get it. But like for the average person, this is not an easy thing, right? It's still hard work.

But could you imagine now if they could sell three times the equivalent of that in every sale, a system change out and solar and a kitchen remodel, each of which packs the same commission. Now they're going from 1500 to $4,500. This is now they're a millionaire, right? This is bananas. This is a crazy conversation. There is an actual path to set real seven figures for a guy who graduated high school like, good, I'm glad this exists in this world.

Thaddeus Tondu

So looking at this model and knowing that you had your, business up until a couple years ago, did you have this built into your HVAC business or is this something you bolted on after the fact?

Peter Roth

Yes. So what I was, that's what I was trying to answer, was it, I came up with a primitive version of this. it was a, very primitive version of this. Hi, Peter's wife. Yeah, it was a very primitive version of this. Hi sweetie. It was super primitive version of this and it worked, but this is so much better now.

Yeah. This is definitely the better way to go because now I can provide this very clear and concise training on how to get guys to literally selling three times what they were normally doing, and using a methodology that's easier than what they were doing to just sell hvac. All right.

Thaddeus Tondu

Curious, cuz you, I know you had the primitive version of it in your business, how much did it contribute to your multiple when you sold?

Peter Roth

I don't know. I'd have to go back to look. I don't know, but I would say on average we were probably, because it was a primitive version and I didn't have the clean, I had to do it as a second transaction. Keep that in mind. Remember I told you that I was coming back to do it as a second transaction. That wasn't as exciting. It's very hard because now we had to do two credit checks and that's tough. A lot of people were failing the second time around cuz they got maxed out on the first one.

So we were running all, that's what I'm saying. It wasn't, it was un like, if I had this sort of methodology, then yeah, we would've been probably sold for twice as much. You know how much revenue it added to your business? What's that?

Evan Hoffman

Do you know how much revenue it added to your business that last year?

Peter Roth

Rough ballpark. I don't even remember. God. I think we were probably selling one system a week. I would say we were selling one system a week and we had per, comfort advisor, and we had four fi five comfort advisors. So we were selling five systems a week times, what's the math? Let's figure it out real fast. Five systems a week. That's $40,000 a week. 40,000 a week as 180, 80, 160,000, 160 k extra per month. It was significant.

And that was like Jesus Christ, if I had the ability to wrap this up into one transaction and had the slick had the slick pitch that I had, now we could have quadrupled those numbers easily.

Thaddeus Tondu

Even at if, that average index extrapolated out through the entire year that's, $2 million onto. The, like at 40,000, right? 52 weeks. Two 2 million depending on your EBITDA is if you get an EBITDA of 20% and a multiple of 10 when you sold

Peter Roth

The ebitda, this is a hundred percent. That's the right

Thaddeus Tondu

we're building into the entirety of the business, right? Yeah, And so yeah, obviously straight EBITDA on top of that. At 2 million revenue at a hundred percent ebitda, you still got some expenses to pay off of that. Not, gonna say, Hey, here's $20 million for, that, right? Extrapolating out over the EBITDA of 20% of the business, right? Because it can cover a lot of expenses or increase your ebitda.

If you're one of those individuals that's at maybe five to 7% and you're like shit, how can I add more onto this without really adding more onto this, right? Now this is one of those, potential options on that.

Peter Roth

The way I want people to think about this is I don't want people to think super grandiose cuz that's cool, but then they get pissed off when it doesn't pan out. Exactly right. I want them to think about in the way that I was doing it, like even worst case scenario, which is the way that we were doing it, where we had this primitive version of it where we were only getting each one of our comfort advisors to be able to close one deal a week. But that's massive.

Due to math, that's massive to the owner especially, right? Let's go back because it's 6,500, right? Because the the, comfort advisor is keeping 1500 of it, right? So 6,500 times four, it's $26,000 to the owner per comfort advisor,

Thaddeus Tondu

Look, if you guys are interested in, exploring this and looking at it I believe that if, correct me if I'm wrong, that there's actually no cost for somebody to even get on a training with you. It's all, is that correct?

Peter Roth

I do charge. It's a very small amount. It's nothing and nothing expensive. Depends on the size of your team. It's under five grand under. Unless, if you got a monster team, then it gets close to the five grand, whatever it's, you make, you're gonna make up for it in the first deal that you grew.

Thaddeus Tondu

That's why I'm glad I didn't put my foot in my mouth on it. Cause I was trying to go, I was trying to go by our conversation. I'm the king and I remember you saying that. Oh. Yeah, there it is. Does a one-time training fee for a two hour training. That's what it is. Absolutely. I'm bad in my notes. Cool. If you're looking at two sales, one sale pays for itself, right? getsolarwise.com. You can look at that.

getsolarwise.com/partner if you wanna get in touch with them directly info at, and these will be in the show notes. Two by the way info, get solar wise.com and let's blow 'em up at 3M drunk texts 3 0 3 5 9 7 8 6 87. Send him your best Jewish jokes, cause I'm sure he'll probably love that.

Peter Roth

I will send, I'll send you my ones back, please. Wife is gonna fucking kill you guys, but I love it.

Thaddeus Tondu

You put your cell phone on there so.

Evan Hoffman

I gotta tell mine really quick how, does a Jewish pedophile attract children?

Peter Roth

Fuck God damn it. How?

Evan Hoffman

Hey kid, do you wanna buy some candy?

Thaddeus Tondu

At least that's at the end of the show. So I know that's why hell onto it. In case we get canceled by saying the word pedophile on here. That's actually a new one. We've talked about fluffers before. But talking about pedophiles is definitely a, new one. So we canen that out. Yeah. No, it's not that out. I think that was hilarious. Mine are all definitely ones that will probably get us canceled. So I'll save those for after when there's no recording involved.

Peter Roth

Mine's, pretty pg. Like why did Jews have such big noses? Why? Because air's free.

Thaddeus Tondu

I knew the answer to that one. It's also one of my favorites as well. Goodie as we wrap things up, Evan, did you have any final thoughts? Nope. Perfect. I have none other than one last question. Yep. And Peter, what is one question that you wish people would ask you more? But don't, and I'm gonna caveat it. This one, this is the first time ever I've caveated this on the show. You can't use the solar part of what you do as a question.

Peter Roth

Okay. Should I use a script when I sell?

Thaddeus Tondu

So should somebody use the script when they sell?

Peter Roth

Oh, fuck yes. Fuck yes. I'm not saying you should be like walking around and reading it, but I'm thinking that I would attribute a very large percentage of my success to the fact that I have always op operated off of scripts, and everybody in my company operates off of scripts. And if you don't, you are leaving so much money on the table because you're always reinventing the wheel.

Like I always tell guys, it's do you think that professional golfers do you think that they learned how to become pro golfers by like using their custom clubs that they had custom made from them by like their custom club manufacturer? And then the next day. They try out lefty clubs and then the next day they try out clubs that are like too long for them. And then the next day they just mismatch a bunch of fuck no. They could never get anywhere in life doing that.

Thaddeus Tondu

When you look, at, when you look at scripting out things and it makes sense. You have an SOP for this, you have a process for that. You have a, process for that and the like, guys say okay, I'm just gonna wing the wholesale process and I'm just gonna hope for the best. I'm gonna throw it out. That lobbyist's gonna be a prayer. If you actually put in structured detail to the presentation, come up, Hey, you know what, guess what? Every single objection that you come up.

There's obviously the other, the adage of that, an objection is just a symptom of a bad pre presentation, right? But every objection that comes up, guess what? They're always the same. And you can always script out ways to be able to handle those objections. Then what you do from that, you move into role playing because now you have this out.

Now you role play through the whole script and it becomes even that much more dialed in for your sales or for your selling techs and your sales guys, and everybody as else says, is out there. Comfort advisors, everybody. CSRs even should have a script too. Write everybody that is come on to customer facing should have some form of script.

Peter Roth

Do you have any idea how many times I've gone through my script and I've found one little word, I'm like, oh my God, if we move this word over here, I can get 2% more sales. If you do that a hundred times over the course of 10 years Yep. You have any idea how much that adds up? You can't do that without a script. You're winging it every single time. Like we have these brilliant epi, like we'll sit down, me and my team will sit down and we'll do script reviews constantly.

We're always doing script reviews. And by the way, I'm not suggesting that we read our own words script for script. That's actually not what I'm saying. But what I'm saying is that we're using it with this very strong blueprint, and that when we discover these really cool little edits, then of course we're gonna like shit. Say it exactly like that. Cause that makes such a big difference. And then you add that up over the course of years. Come on guys, this is life changing.

If you're not, if you don't have a script, and I'm saying, I'm not saying you need to read it word for word, but you need to have this blueprint as this architecture for what you're doing. It's it's the backbone of everything. That'd be like fucking Martin Scorsese going, Hey, we're going to film this awesome new movie, but don't worry, we're just gonna fucking improvise. It'll be fucking awful, right? It'd be an awful movie. No one would ever watch it like Wolf Wall Street.

Pretty fucking awesome. Scripted, right? Like every movie, ever scripted. What are you doing?

Evan Hoffman

But you look at, in Wolf of Wall Street's a great example, right? Jordan Belfort in the movie, and he did this in real life, and I've gone to see him speak I've, taken his courses as well. Everything that he did was scripted. Yes. He would take the schmucks off the street and he would get them to read a script, and then he would train them on how to do it properly, how to add voice inflection, how to add tempo so that you could communicate effectively.

Because when you sound like a robot who's reading a script, nobody buys from that either. You can have all the right lyrics, both out the right music, it fails. When you have that blend of the two together, that's when the magic happens.

Peter Roth

Do you guys follow Jeremy Minor? No. Jeremy Minor. Like you guys, if you've never checked out Jeremy Minor. Write this down. Jeremy Minor, N E P Q, Neuro Emotional Persuasion Questioning. It's phenomenal. So it's it, sounds way more fancy than it really is. So it's not like it's super scientific, but really all it means is hey, I'm gonna ask question. First of all, it's question based, right? Cause we all know that questions win a hundred percent of the time. So it's question based.

But these questions are designed to elicit an emotional response, just like you said, right? Cuz we buy based off of emotions. So if I can get you emotionally involved in whatever it is that I'm selling you, but more importantly if I can get you emotionally involved in me as well. Who's gonna win? Me, 10 outta 10 times. Who are they gonna buy from? The guy who is literally just when you walk, into your doctor's office and you say, my knee hurts, does he immediately just write you a prescription?

Say, here go take this and fuck off? No. Like he sits and talks sometimes. Sometimes, yes. Depends on the doctor. Depends on the, yeah. If, they're in Florida, yeah. A hundred percent of the time. Strip mall.

Thaddeus Tondu

Yes. Great. do they have big pharma in their back pocket? Yes.

Peter Roth

I agree with you guys, but a good doctor, no, it's like you'd be freaked out if he did. Yep. Doctor's gonna ask you a lot of questions. And only then will he be comfortable even prescribing anything to you. Why aren't we doing the same thing? Like, why aren't we consulting like that? Why aren't we just coming in hot and be like, you need to buy this. It's I haven't even told you what my real problems are yet.

Evan Hoffman

That's a big misconception though when it comes to the consolidative selling approach. People feel like, I can't control the conversation, but I'm a firm believer that the person who ask the questions does control the conversation. A thousand percent Yes. Directs everything

Peter Roth

A thousand percent. Yes. Yeah. gene Slade is one of my favorite guys when it comes to this. You sure you guys have had Gene on, right?

Evan Hoffman

He's, a very talented salesperson. Yeah. He knows his shit and he knows how to lead a conversation.

Peter Roth

Gene can absolutely carry on an entire conversation without making a single fucking statement. Not one, it's just question after question after question. And like he's a master of that and I, love talking to him for that reason alone. So like anyone out there who wants to learn hvac selling with, consultative questions, definitely talk to Gene, right?

But any pq you guys is just get on YouTube and just honestly sorry Jeremy for giving away your secret here, but like 95% of all of his paid courses is free on YouTube. It's crazy, like most course creators these days, like Alex Formo is the first one to really talk about this. He's if you want to get big in this world, give away more than what other guys are paying, getting paid for.

Thaddeus Tondu

Yeah. Gary V's. The same way too. Right? You know, Value value, value. That's why we look at our organization on Purpose Media and one of our core values is lead with value first. Because when you provide value first you can sit down with a room of a hundred people. You tell every single person the one thing that they need to do to change your life or build a better business or whatever it is that you're selling. Guess what? 90 to 95 per 95 people in the room. Won't do shit with that.

The other five to 10 people in the room, they're gonna find that answer out anyway. They're gonna do it anyway. So you might as well be the person giving them the value to be able to change whatever it is their circumstances

Peter Roth

It took me so long to wrap my mind. I, think everyone, when they're younger and insecure, they have this real scarcity mindset, right? I can't give away the, secret sauce, or I'll have nothing to sell them. And Alex Formo is the one who talks about it, said, no, you should give away the secret sauce, but you sell the implementation. It's the implementation. That's the fucking hard part because anybody can, you can give anybody like the script to success and they will not fucking do it.

Give it to 10 people, nine out of them won't even read it. Maybe the 10th might come close. But they want you sell the implementation. You show them how to actually do it step by step. And that's what I'm doing. Like I gave you my script. I gave you my whole pitch. It's really not much whole heck of a lot more to it than that. I just gotta show you how to really put all the nuts and bolts together. So it's not harder than what I just did it.

If it were harder then it wouldn't really work to be honest with you. Yeah.

Evan Hoffman

Amazing. Peter, thank you so much for joining us today. Thank you for dropping some knowledge bombs. Thank you for showing how an HVAC business can add $32,000 a week to their business per comfort advisor. I think it's a brilliant idea. I think it's something that can easily be implemented, especially as we move towards this greener energy conversation. And hey, if the rebates are there, why not take advantage of 'em? So thank you so much for joining us.

Thank you for adding some value, and we'll look forward to chatting with you again soon.

Thaddeus Tondu

and until next time. Cheers.

Evan Hoffman

Cheers guys. What a fantastic episode. Peter, thank you so much for joining us today. Thanks for all the knowledge bombs that you dropped throughout the episode. love the conversation to start the episode just around being an entrepreneur, the difficulties there, the limiting beliefs aspect of it, coming over as an immigrant with his parents and learning from them, and then having to unlearn some of those lessons from them as well. What were some of your favorite parts of the episode, bud?

Thaddeus Tondu

I mean, look, we talk about, you know, HVAC success secrets in, in pulling back the curtains on what it takes to run a successful H V A C business, and that's part of it, right? the trucker and truck philosophy to growing to a bigger business, with inside of it. But, you know, I think the part that I liked, I mean, I kind of went on the, my own little self rant on it. And so I'm gonna toot my own horn again, but that whole part about stepping back.

Relinquishing control and del delegating out, I think is something that is a struggle for a lot of business owners and doesn't get enough credit in light Sean in that particular conversation because it's a very real thing. Now. You're relinquishing this control, this baby that you likely started when it was just yourself doing everything, and now you've built up this business to be able to having other people and Straight up fuck ups, right? Like people are gonna fuck shit up.

and it's gonna happen, but, you know, no one person is perfect. No one company is perfect. And when you let go of part of that internal dialogue is when I think you can start to move that need a little bit more in your business.

Evan Hoffman

Absolutely. It's you're, you know, your superpower becomes your kryptonite. You know, what got you from zero to a million is not gonna get you to 3 million and 5 million. And what gets you to 5 million is not gonna get you to 10 and 15. Now, once you get to that point, It's a lot of duplication up to about 50 to a hundred, and now you've just got layers upon layers of managers within your business. But what it is that gets you to those places, what's, what gets you to those benchmarks?

What gets you to those plateaus is not gonna continue to push you forward. You have to take a step back, pause. Think through what it is that you need to change, who it is that's missing from your team, that's gonna allow you to get to the next level. that's another book that I really loved. It's not who is Who, not How, where it's, it's really taking a step back and saying, not how do I fix this? How do I get through this? It's who do I need to get into my ecosystem?

Who do I need to bring into my business so that we can fix this and move forward?

Thaddeus Tondu

Right. And that's, i, I mean that's a great book too. who, not how any of the, Dan Sullivan. There we go. Close. I mean, any of his books are fa are fascinating, phenomenal. But you know, the other part of what I liked in the conversation is just the innovation around what they did with something that's already out there, right? In adding that into his, his H V A C business in a primitive form and they say, Hey, you know, it might be onto something.

Now, how can a business owner add this into their business just by. Pushing paperwork across the table and it's done. They don't have to worry about it. Like that's innovation. To be able to take avan, like take advantage is the wrong word there, but, in the sense of utilize what programs are out there, utilize other infrastructure, utilize a network to be able to say, Hey, let's do it the right way for people and add in this green initiative.

Evan Hoffman

Absolutely. You know, and, and we're already selling a ton of heat pumps. Minis splits are flying out the door, right? People are, are making this transition into electric anyways. So by bringing solar in as part of that conversation, is a really seamless. Easy transition, but we definitely wanna hear from you what'll be your favorite nuggets from this episode. Make sure you hit us up, in the e old email info on purpose media.ca.

If you're not in the Facebook group yet, join the Facebook group, facebook.com/groups/h v revealed. And you took one nugget from this episode, make sure you introduce it to one other person. That, can also, unleash the ultimate HVAC business. And Thad wants me to tell you to text us at 7 1 9 8 2 4 1 3 7 7. You can send him your dick pics. Thanks so much for joining us this week, and we will see you next week.

Thaddeus Tondu

That's a wrap on another episode of HVAC Success Secrets Revealed. Before you go, two quick things. First off, join our Facebook group, facebook.com/groups/hvacrevealed. The other thing, if you took one tiny bit of information outta this show, no matter how big, no matter how small, all we ask is for you to introduce this to one person in your contacts list. That's it. That's all one person, so they too can unleash the ultimate HVAC business. Until next time, cheers.

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