Episode Overview
In this episode, Kyle sits down with Chad Wagner, owner of A1 Rent It, to explore his remarkable journey from teaching to leading a four-location rental business. Chad shares the challenges of rapid expansion, how joining peer groups and implementing the Entrepreneurial Operating System (EOS) helped him scale effectively, and the lessons learned from balancing event and equipment rental. The conversation also touches on technology, leadership, and whether subscription models could shape the future of rental.
Timestamps:
- 03:33 – Transition from teaching to rental business
- 05:50 – Growth and acquisitions in the rental industry
- 08:38 – Changes in the rental industry over the decades
- 11:19 – The evolution of rental business models
- 14:17 – Balancing equipment and event rental
- 16:55 – The future of rental and customer relationships
- 25:18 – The rush of event planning and community service
- 26:18 – Joining a peer group: the path to multi-location growth
- 28:17 – Learning from peers and the value of shared experience
- 30:08 – Transitioning to multi-site operations
- 33:42 – Implementing EOS and Traction for organizational growth
- 37:13 – The future of subscription models in equipment rental
- 47:35 – Advice for expanding through acquisitions
