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Charging a TXV system with Probes and MeasureQuick

June 14, 2021

In this video we use probes, MeasureQuick and tees to charge a TXV system using the subcooling method.

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The Buyout Epidemic – Manifesto

byBryan Orr

In this episode of the HVAC School Podcast, Bryan shares his perspective on the growing trend of private equity buyouts and investments in the trades, particularly in home services businesses. He addresses the “buyout epidemic” with a balanced view, acknowledging the significant financial opportunities these deals present while expressing concerns about their long-term impact on the industry and its people.

Bryan discusses how private equity firms are particularly attracted to home services businesses due to their potential for high margins, especially through implementing standardized processes, sales training, and often significant price increases. While he doesn’t condemn the pursuit of profits or sales training, he emphasizes the importance of maintaining a balance between technical expertise and sales capabilities. He shares his own experience receiving numerous buyout offers for his company, Kalos Services, and explains why he consistently refuses them despite the potential for substantial financial gain.

The podcast delves into deeper questions about the purpose of business ownership and the true value of money. Bryan characterizes money as “liquid value” or “liquid effort” – a means to an end rather than an end itself. He challenges business owners to consider whether selling to private equity aligns with their core values and the long-term interests of their employees, customers, and the trades industry as a whole. He suggests that rather than selling to outside investors who aim to extract value, owners might be better served by implementing improvements themselves and maintaining control over their business’s direction and culture.

Key topics covered in the podcast:

The current wave of private equity investment in home services and trades businesses
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The relationship between sales training, pricing, and profit margins in home services
The importance of maintaining technical training alongside sales capabilities
The concept of money as “liquid value” and its proper role in business
The challenges of maintaining business values and culture under outside ownership
The difference between ownership that understands the trades versus pure financial ownership
The potential long-term consequences of concentrated corporate ownership in the trades
The value of building sustainable, independently-owned businesses
The importance of developing internal leadership rather than selling to outside investors
The balance between profitability and maintaining quality service
The risks of prioritizing short-term financial gains over long-term industry health

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