Lessons 4 Months In with Scott Crosby, Owner of American Services episode artwork

EPISODE · Aug 27, 2025 · 35 MIN

Lessons 4 Months In with Scott Crosby, Owner of American Services

from SMB15 · host William Fry

Listen now on Spotify or YouTube.After getting stiffed on a big commission, Scott Crosby decided he’d never work for someone else again. Within a year, he bought American Services, a 30-year-old commercial HVAC and refrigeration company in St. Louis. In this episode, Scott talks about building trust with his team, the nonstop nature of B2B service work, and why he believes culture is the ultimate competitive edge.Some takeaways:* Trust comes from follow-through. In his first 90 days, Scott made a point of never overpromising and always delivering. Uniforms, pay raises, and a new CRM all rolled out exactly when he said they would, showing his techs he meant what he said.* Culture first, revenue second. Letting techs take family vacations in the summer, renovating the office, and paying above-market wages set the tone. Scott’s bet is that putting people first creates a stronger, more sustainable company.* Commercial HVAC = constant backlog. Unlike residential, there’s no slow season. Senior living centers, restaurants, and daycare chains always need service. The real constraint isn’t sales, but how many technicians you have.* Avoid rookie mistakes. Scott’s biggest regret was trying to switch carriers week one, losing precious time and even his main phone number in the process. His advice: inherit the basics and only rip out systems once you’re stable.* Think like an asset manager. Instead of just fixing broken equipment, Scott’s vision is to guide clients on lifecycle management — when to budget for replacements, how much they’re spending on maintenance, and how to plan ahead.* Cash flow is king. Even with steady demand, B2B service means long payment terms. One surprise six-figure job in his first week taught Scott the importance of forecasting and preparing working capital.Where to find Scott and American Services St. Louis:* LinkedIn: https://www.linkedin.com/in/scott-crosby* Website: https://americanservicesstlouis.comIn this interview, we discuss:* 0:00 Intro & Path to Buying a Business * 3:36 Overview of American Services (Commercial HVAC)* 5:36 Maintenance Programs & Asset Management Approach * 8:05 Supplier Relationships & Reason why acquire HVAC? * 11:28 Team Structure & Balancing Installs vs. Service * 13:04 Hiring Standards & Building Culture * 16:31 Building Trust in the First 90 Days * 18:22 Lessons from Transition Mistakes * 23:04 Working with a Partner & Scaling the Model * 25:00 Biggest Surprises: Vendor Portals & Cash Flow * 27:19 Constant Demand in B2B HVAC * 30:53 Investing in People & Building Culture * 32:11 Do’s and Don’ts for Buying in HVAC This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit smb15.substack.com

NOW PLAYING

Lessons 4 Months In with Scott Crosby, Owner of American Services

0:00 35:36

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of SMB15?

This episode is 35 minutes long.

When was this SMB15 episode published?

This episode was published on August 27, 2025.

What is this episode about?

Listen now on Spotify or YouTube.After getting stiffed on a big commission, Scott Crosby decided he’d never work for someone else again. Within a year, he bought American Services, a 30-year-old commercial HVAC and refrigeration company in St....

Can I download this SMB15 episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!