PODCAST · business
Entry & Exit - Inside the Security & Fire Industry
by Stephen Olmon and Collin Trimble
Entry & Exit is a podcast about building, scaling, and exiting security and fire businesses. Hosts Stephen Olmon and Collin Trimble share their journey growing Alarm Masters through acquisitions and organic growth, along with the lessons they’ve learned along the way.From recurring revenue strategies to sales, operations, and M&A, Entry & Exit gives business owners and entrepreneurs an inside look at what it takes to succeed in the security industry. Whether you’re starting your first company, growing past the owner-operator stage, or thinking about an eventual exit, you’ll find practical insights and real stories to guide your path.
-
36
How We Bought a Security Company (And Why It Was the Perfect Industry)
In this episode of Entry & Exit, Stephen Olmon and Collin Trimble walk through how they went from software and small business experiments to acquiring their first security company — and why the industry checked every box they were looking for.They break down the real drivers behind their decision: recurring revenue, regulatory moats, fragmentation, and the opportunity to scale through acquisition. From discovering the “buy vs. build” path to finding the right deal (on the first try), this is a candid look at how their journey into security actually started — including what they got right, what they missed, and what almost killed the deal.If you’ve ever considered buying a business — or wondered why security continues to attract serious operators — this episode gives you the full origin story.Inside this episode: → Why security stood out vs. HVAC, plumbing, and other trades → The role of recurring revenue in making the model work → How regulation and licensing create a competitive moat → Finding and closing on their first deal (Alarm Masters) → Mistakes they made during diligence and legal process → How they financed the acquisition with an SBA loan🔗 More Entry & Exit — https://entryandexit.comConnect: Stephen Olmon — http://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuyOwned and Operated New Episodes Every Wednesday!Subscribe For More
-
35
Why Security Is the Perfect Industry for High-Ticket Sales
Most trades sell one thing. Security sells four — and that changes everything.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down why the security industry is uniquely built for high-ticket sales — and how operators turn small jobs into $50K–$100K+ projects.They unpack the core advantage: multi-scope selling across fire alarm, intrusion, video, and access control — plus the “fifth scope” that expands deals even further. From real-world deal breakdowns to the compounding power of recurring revenue, this episode shows why security isn’t just another trade — it’s a sales engine.Inside this episode: → The 4 core scopes that drive high-ticket security deals → Why security problems grow (and lead to bigger contracts) → How a $35/month account can turn into a $75K project → The role of urgency, regulation, and risk in closing deals → Why recurring revenue is the “eighth wonder of the world”🔗 More Entry & Exit — httpsentryandexit.comConnect:Stephen Olmon — http://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuyOwned and Operated New Episodes Every Wednesday!Subscribe For More
-
34
Greenfield vs. Acquisition: How to Scale a Security Business the Smart Way
A security business doesn’t just grow one way — it’s built through smart expansion, whether that’s buying, building, or blending both.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down the real tradeoffs between greenfielding a new location and acquiring an existing company in the security industry. From capital requirements to operational complexity, they walk through what actually drives success — and why the best operators don’t treat this as an either/or decision.They dig into the realities of starting from scratch vs. buying a platform, how to think about risk, and why having a repeatable playbook matters more than the strategy you choose. Plus, they unpack a hybrid approach that combines both tactics to scale faster and smarter.Inside this episode: → Greenfield vs. acquisition — the real pros and cons of each → Why having a playbook is the difference between scaling and stalling → The hidden risks (and advantages) of starting from scratch → How to test a new market before going all-in → The hybrid strategy: combining buy + build for maximum optionality🔗 More Entry & Exit — entryandexit.comConnect: Stephen Olmon — http://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuyOwned and Operated New Episodes Every Wednesday!Subscribe For More
-
33
$100K Security System Breakdown: Cameras, Access Control & More
$100K Security Installs: Where the Money Actually GoesBurglar alarms aren’t the whole story anymore—and they’re definitely not $100K.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down what actually makes up a six-figure security installation—and why the real money is in multi-scope projects.From cameras and access control to fire and intrusion, they walk through how modern security stacks are built, sold, and scaled—and why bundling multiple systems is the key to bigger deals and long-term revenue.They also unpack real-world project economics, margins, and what separates a $20K job from a $150K+ install.In this episode: What a $100K security project actually includes The “big four”: video, access, fire, and intrusion Why multi-scope selling drives massive deal size How camera systems and specialty hardware boost margins If you’re in security, HVAC, or home services, this is a tactical breakdown of how to think bigger—and sell smarter.More Entry & Exit — https://www.entryandexit.co/🔗 ConnectStephen OlmonCollin Trimble Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
32
How to Close High-Ticket Deals Using Sales Psychology
Sales isn’t about talking more—it’s about understanding why people say yes.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down the sales psychology behind closing high-ticket deals—especially in industries where trust, risk, and certainty matter most.They challenge the idea that great salespeople are extroverts, unpack why emotional intelligence beats raw IQ, and explain how top performers position themselves as the “safe choice” in high-stakes decisions.From uncovering real buyer motivations to building authority and confidence, this episode is a tactical deep dive into what actually drives deals across the finish line.In this episode: Why high-ticket sales is driven by emotion—not logic The role of fear, risk, and “playing it safe” in buying decisions How to uncover what really matters to your customer Why “What’s your biggest pain point?” is the wrong question If you sell anything high-value—or want to—this is your playbook for closing with confidence.More Entry & Exit — https://www.entryandexit.co/🔗 ConnectStephen OlmonCollin Trimble Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
31
Why Burglar Alarms Are Dying (And What’s Replacing Them)
Burglar alarms aren’t dead—but they are being replaced.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down how AI, video, and access control are reshaping the security industry—and why traditional alarm systems are losing value.They cover what’s driving the shift, how security stacks are consolidating around video, and what operators need to do to stay competitive.In this episode:Why alarms are being “demoted”How AI-powered cameras are changing securityThe shift from alarms as triggers to validatorsWhy DIY systems are compressing valueHow to use alarm accounts to upsell higher-value servicesIf you’re in the security or service space, this is your playbook for what’s next.More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
30
The Exact Security Tech Stack We’d Use to Scale to $10M
If you’re building a security business, the biggest mistake isn’t picking the wrong tools—it’s building a stack that doesn’t scale.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down the ultimate “god mode” security stack—and how your tech choices impact growth, operations, and enterprise value. From RMR to vendor selection, they share what actually works (and what doesn’t) when building a modern security business.They cover: Why every sale should include recurring monthly revenue (RMR) The tradeoff between upfront cash and long-term value Why too many vendors create operational drag The importance of unified platforms across security systems Why cybersecurity and reliability matter more than features The exact stack they use (Brivo, Eagle Eye, DMP) and why If you run a security or life safety business, this episode will help you build a scalable, high-value operation. More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
29
Is AI Replacing Security Operators? (ISC West Breakdown)
If you’re in the security or life safety industry, the biggest shift happening right now isn’t incremental—it’s foundational.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down the biggest takeaways from ISC West, including the rapid acceleration of AI, the rise of startups, and what it all means for operators, monitoring companies, and the future of the industry. From AI-powered video monitoring to fully autonomous agents replacing operators, they unpack where things are actually headed—and what’s already changing today. They explain why legacy players may be too late to the cloud shift, how AI is reshaping video surveillance into the core of the security stack, and why pricing pressure and automation could disrupt traditional monitoring models. Whether you attended ISC West or not, this episode gives you a clear picture of where the industry is going next—and who’s at risk of getting left behind.They cover: Why AI dominated ISC West—and what that really means for operators The shift from alarms to video as the core security solution How AI agents are replacing human monitoring operators Why video monitoring pricing is under pressure If you run a security, fire, or service business, this episode will help you understand where the industry is heading, what trends actually matter, and how to prepare for the next wave of change.More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
28
The Exit Playbook: How to Structure a Business Sale for Maximum Value
If you’re thinking about selling your security or life safety business, the biggest mistake isn’t timing—it’s misunderstanding your options.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down the real-world exit paths available to business owners—and the tradeoffs that come with each one. From all-cash walkaways to structured deals, earnouts, and rolled equity, they unpack what actually drives valuation, risk, and long-term upside.They explain why you can’t optimize for both price and terms, how deal structure impacts your final payout, and what separates a clean exit from a costly one. Whether you’re ready to sell now or just planning ahead, this episode gives you a practical framework to think through your endgame.They cover: Why all-cash exits typically lead to lower valuations The key tradeoff between deal terms and purchase price How holdbacks, seller notes, and earnouts actually work Why trusting the buyer matters more than maximizing cash upfront The difference between platform vs tuck-in acquisitions—and why it changes your involvement If you run a security, fire, or service business and are considering an exit—now or in the future—this episode will help you understand your options, avoid common pitfalls, and structure a deal that aligns with your goals.Stephen Olmon — https://x.com/stephenolmonCollin Trimble — https://x.com/TXAlarmGuyMore Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
27
How to Prioritize Growth: A Roadmap for Scaling or Selling Your Service Business
If you’re trying to grow a security or life safety business, working harder isn’t always the answer. More often, the real bottleneck is structure.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down the roadmap for scaling a security business the right way. They cover how to think about growth vs. earnings, when to invest in people, why your tech stack matters, and how to build a sales engine that actually drives change.This episode is a practical guide for owners who want to grow with intention instead of staying stuck in the same cycle.In this episode, they discuss: Why you need to define your end goal before building your growth plan The difference between managing for growth, managing for earnings, and managing for enterprise value Why A-players create leverage that process alone never will How the right hires can accelerate growth across every department Why a unified tech stack improves visibility, efficiency, and customer experience Whether you’re building for long-term growth, thinking about acquisitions, or trying to create a more scalable operation, this episode breaks down the practical decisions that matter most.Stephen Olmon — https://x.com/stephenolmonCollin Trimble — https://x.com/TXAlarmGuyMore Entry & Exit: https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
26
AI + International Talent: The Hidden Lever Behind Fast-Growing Service Businesses
If you’re trying to scale a security, alarm, or fire business… the biggest unlock might not be more techs or more sales.It might be how you structure your team.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble sit down with Jack Carr (Rapid Response, JackQuisitions, Quick Staffers) to break down how international talent and AI are changing the way home service businesses operate—and how these same strategies apply directly to security and life safety companies.From rebuilding after acquisition to scaling past $5M, this conversation focuses on how to create leverage without blowing up overhead.You’ll learn:Why international talent is a force multiplier for growing service businessesHow to offload dispatching, AR/AP, customer service, and coordinationThe impact of removing low-value work from technicians and sales repsHow lean teams can scale faster by redistributing work, not adding headcountIf you’re building a life safety company and want to grow without adding unnecessary overhead, this episode is a blueprint.Stephen Olmon — https://x.com/stephenolmonCollin Trimble — https://x.com/TXAlarmGuyJack Carr - https://www.youtube.com/@JackquisitionscoMore Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
25
If You’re in Sales, Watch This (How Top Reps Actually Win Deals)
If Your Sales Team Is Busy but Still Missing Quota, This Is Why Most sales reps don’t have an activity problem. They have a process problem.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble of Alarm Masters break down the sales systems, habits, and questions that help security, alarm, fire, and life safety companies close more deals without competing on price alone.They unpack what separates average reps from top performers, why most salespeople commoditize themselves, and how a structured sales process can improve close rates, qualification, and follow-up.They cover:Why most reps lose deals on priceHow to control the sales process from first contact to closeThe discovery questions that reveal budget, authority, and urgencyWhy bad deals should be disqualified earlyStephen Olmon — https://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuy More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
24
How We’d Spend $50K on Marketing in 2026
If You Had $50K to Grow Your Business, Where Would You Spend It?If someone handed you $50,000 to grow your company today… where would you put it?Paid ads? SEO? Cold outbound? Sponsorships?In this episode of Entry & Exit, Stephen Olmon and Collin Trimble (Alarm Masters, Texas) break down exactly how they’d deploy a fresh $50K in a security, alarm, fire, or life safety business — and why they don’t fully agree.They cover:When paid ads are the fastest way to make the phone ringWhy SEO is a long-term asset (not a quick fix)How outbound still drives commercial growthThe importance of attribution, CRM tracking, and real ROI mathThe biggest mistakes owners make when hiring agenciesIf you run a security, fire alarm, or home service company and want predictable lead flow without lighting money on fire, this episode gives you a practical framework to test, measure, and scale what works.Stephen Olmon — https://x.com/stephenolmonCollin Trimble — https://x.com/TXAlarmGuyMore Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
23
How to Turn Your Service Department Into a High-Margin Revenue Engine
Waiting for things to break is not a growth strategy.Most security and life safety companies rely on inbound service calls and hope the phone rings. But the operators who win treat service like a measurable, trackable, and proactive revenue channel.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble (Alarm Masters, Houston) break down the exact systems they use to turn service into a predictable revenue driver — without adding a traditional sales team.You’ll learn how to track service like a pipeline, measure the KPIs that actually move margin, reduce return trips, and run simple outbound plays (low battery reports, trouble signals, dormant high-value accounts) that create revenue while strengthening customer relationships.If you run a security, alarm, fire, access control, CCTV, or life safety company and want more profit from your existing customer base, this is the playbook.Key topics: service department profitability, proactive service calls, service KPIs, reducing return trips, service quote tracking, security business operations, alarm company growth.What You’ll LearnWhy service is misunderstood (and how top operators structure it)How to build a service revenue system (not just break-fix dispatch)The metrics that matter: utilization, average ticket value, return tripsWhy “48-hour billing” improves collections and forecastingHow to run outbound service plays that customers appreciateHow to track service quotes as a real pipeline (and stop losing deals)Incentives that make teams hungry without creating chaosConnectStephen Olmon — https://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuy More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
22
Your RMR Is Leaking — Here’s How We Fix It
Getting that sweet, sweet RMR under contract is only good… if you can keep it.Most security and life safety companies obsess over selling monitoring and stacking new accounts. But the best operators know the real game is retention — because attrition kills cash flow, collections, and enterprise value.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble (Alarm Masters, Houston) break down the customer success systems they built to protect RMR: first-call resolution, zero missed calls, tighter case handling, better onboarding, and a knowledge base that turns your team into a force multiplier.They also explain why customer success is bigger than “customer support” — billing, contract admin, and every post-sale touchpoint either reinforces trust… or quietly pushes customers toward a competitor.If you run a security, alarm, fire, or life safety company, this episode is a tactical playbook for keeping more of the RMR you already earned.What You’ll LearnWhy RMR isn’t real until it’s retainedThe difference between customer support vs. customer successHow first-call resolution and being reachable reduce churnA simple way to track repeat issues (the “red account” approach)How virtual / remote team members can handle most Tier 1 requestsConnectStephen Olmon — https://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuy More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
21
The RMR Playbook for Alarm, Security, and Fire Businesses
In this episode of Entry & Exit, hosts Stephen Olmon and Collin Trimble (Alarm Masters, Houston) break down how security, alarm, fire, and life safety companies can shift from a project-first mindset to an RMR-first operating model—without slowing sales, damaging culture, or killing momentum.They explain why installs should be treated as the onboarding experience to recurring monthly revenue, not the finish line—and how to build discipline around selling monitoring, cloud solutions, inspections, and service agreements on every job.From sales compensation and KPIs to vendor strategy and customer onboarding, this episode is a tactical guide to building a healthier, more valuable, and more resilient security business—even if you’re not planning to sell anytime soon.If you run a security, alarm, fire, or life safety company, this episode lays out a clear blueprint for turning installs into long-term cash flow and enterprise value.You’ll learn:Why RMR is the foundation of a healthy security businessHow to make recurring revenue the goal, not an afterthoughtWhy installs should always lead to monitoring, service, or expansionThe RMR metrics that actually matter (RMR per install dollar, revenue mix, lines per customer)How diversified RMR (cloud video, access control, managed services) reduces churnThe operational discipline required to scale subscriptions without chaosWhy buyers and owners value RMR so highly during downturns and exitsConnect Stephen Olmon: https://x.com/stephenolmon Collin Trimble: https://x.com/TXAlarmGuy More Entry & Exit: https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
20
How Great Sales Reps Win Deals: Budget, Authority, and Urgency
How do you improve your sales reps without turning them into product-pitch robots?In this episode of Entry & Exit, hosts Stephen Olmon and Collin Trimble (Alarm Masters, Houston) break down the core philosophy behind consultative selling: better discovery, better questions, and better qualification. Fresh off their sales kickoff (SKO), they share the frameworks and drills they use to help reps uncover budget, reach decision-makers (authority), find the compelling event, and confidently ask for the business—without overpromising or losing integrity.If you’re running a security, alarm, life safety, or service business, this is a practical playbook for building a sales team that closes more of the opportunities they pursue.In This Episode, You’ll Learn:Discovery vs. demos: why great reps win with questions, not featuresConsultative selling: listening, probing, and guiding the processBudget conversations: anchor pricing and avoiding surprise objectionsThe compelling event: “Why now?” and how urgency impacts dealsSales training that sticks: role plays, Watch–Do–Teach, and coaching🔗 ConnectStephen Olmon — https://x.com/stephenolmonCollin Trimble — https://x.com/TXAlarmGuyMore Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
19
The Financial Cleanup You Need Before You Buy or Sell a Business
Most service businesses don’t fail because they lack growth—they fail because their financial systems break under scale.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble break down the real-world lessons they’re learning while cleaning up their financials during rapid growth. From cash vs. accrual accounting to inventory control, job costing, and RMR reporting, this episode explains what actually matters when lenders, buyers, or equity partners start asking questions.If you plan to acquire businesses, raise debt, bring on equity, or eventually sell, this conversation will help you avoid painful (and expensive) mistakes.What You’ll Learn:When cash accounting works—and when accrual becomes unavoidableWhy being “accrual-ish” causes major financial problemsHow poor inventory and purchasing controls destroy marginsWhat senior lenders and buyers expect in your financialsHow to track RMR adds, attrition, transfers, and roll-forwardsWhy clean financials give you leverage and optionalityThis episode is essential listening for security, alarm, and service-based business owners scaling past the $3M–$10M range.🔗 ConnectStephen OlmonCollin TrimbleOwned and Operated New Episodes Every Wednesday!Subscribe For More
-
18
How Smart Security Companies Scale Past $3M: KPIs, Talent, and Budget Discipline
Most security & life-safety companies don’t get stuck because they lack hustle—they get stuck because they lack measurement.In this episode of Entry & Exit, Stephen Olmon and Collin Trimble (Alarm Masters, Houston) walk through their 2026 planning process: how they set revenue/RMR/EBITDA goals, translate them into departmental KPIs, and use actuals vs. budget to decide when to invest, when to cut, and how to avoid “hope-based” growth.They unpack why so many firms stall around $3M in revenue (comfort + underinvestment), why “Talent Wins” became a non-negotiable, and how to think about emerging trends like AI the right way—starting with a solid tech foundation and the right people before chasing shiny tools.You’ll also hear the core scorecard metrics they track across sales, marketing, finance, operations, and M&A, plus practical homework you can apply immediately in your own business.🔗 ConnectStephen OlmonCollin TrimbleMore Entry & Exit Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
17
How to Scale a Sales Team in Security (What Actually Works)
How do you scale a sales team inside a security or life-safety business—without hiring too fast, burning cash, or building a “hope-based” sales org?In this episode of Entry & Exit, hosts Stephen Olmon and Collin Trimble break down the exact framework they’ve used at Alarm Masters to grow from founder-led selling to a six-person sales team—and the systems that make it repeatable. They cover quota math (3–5x coverage), segmented sales roles (hunters vs. farmers), the KPIs that prevent surprises, and why face-to-face wins in this industry.You’ll also get real-world guidance on hiring, ramp expectations, building playbooks, and how to design your sales process around a clear value proposition—so your reps don’t default to discounting when pressure hits. Plus, they share quick updates on what’s happening at Alarm Masters, including new add-ons and expansion plans across Texas.What You’ll LearnWhen to hire the next salesperson: The “pay for the next rep” principle (and how to apply it without waiting a full year)Quota math that actually works: Why 3–5x OTE coverage matters—and a simple way to think about itSegmented sales strategy: Why you shouldn’t expect one rep to do everything (and the roles to hire first)Hunters vs. farmers (install base): The difference between new-logo selling and expanding existing accountsLeading indicators & KPIs: Pipeline coverage, close rate, average deal size, conversion rates, and sales cycle lengthThe gospel of face-to-face: Why more in-person time increases win rate and reduces attritionSales process + value prop alignment: How “we’re the Chick-fil-A of security” shapes the entire sales motionPractical ops reminders: Contract audits, customer communication, and why intentionality beats hoping it works🔗 ConnectStephen Olmon Collin Trimble More Entry & Exit Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
16
Buying a Business? Don't Make These Mistakes in the First 90 Days
Avoid expensive post-close mistakes by running a calm, disciplined first 90 days after acquiring a security or life-safety business.In this episode of Entry & Exit, hosts Stephen Olmon and Collin Trimble break down what actually happens after you close—and why most buyers hurt themselves by moving too fast. Drawing from real acquisitions (and real scars), they lay out a practical “stabilize first, optimize later” playbook: how to earn trust with a new team, avoid culture-killing moves, protect licenses and compliance, and lock down customer relationships before you start changing systems, comp, pricing, or process.You’ll hear the biggest early-stage mistakes (the ones they made), plus the specific moves they now treat as non-negotiables: meet your top customers, over-communicate the transition, centralize logins, audit contracts, and use the seller’s knowledge before it disappears.What You’ll LearnThe 90-Day Mindset: Why your #1 job is to be the world’s best employee first—not the hero CEO on day oneTeam & Culture Traps: How arrogance, fast firings, and premature promotions create attrition (and how to lead with humility)Stabilize Before You Optimize: Which operational “improvements” (tech stack, process, comp, parties/bonuses) backfire if you rush themCustomer Protection Plan: How to identify your top customers, meet them early, and prevent churn through over-communicationOperational Risk & Compliance: License/CEU gotchas that can bite you when you’re distracted by integration workPost-Close Hygiene: Passwords/logins, contract cleanup, and why “we’ll get it later” becomes months of painPricing & Branding Decisions: Why you shouldn’t raise prices (or kill the acquired brand) in the first 90 daysHomework Framework: Build your “do / don’t” list and keep your first 10 priorities mostly learning, not change🔗 ConnectStephen Olmon — https://x.com/stephenolmonCollin Trimble — https://x.com/TXAlarmGuyMore Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
15
Due Diligence After LOI: The First 7 Days That Prevent Post-Close Surprises
Avoid expensive post-close surprises by mastering the first seven days after signing an LOI.In this episode of Entry & Exit, hosts Stephen Olmon and Collin Trimble deliver a brutally practical due diligence playbook for buying a security or life-safety business. Drawing from real acquisitions, they break down exactly how to run diligence without chaos—and why skipping steps almost always shows up later as lost revenue, integration pain, or legal risk.This episode walks through a real-world due diligence checklist, focusing on what to request immediately, where buyers most often get blindsided, and how to protect yourself before money changes hands.What You’ll LearnThe Week 1 Protocol: The specific diligence requests you must make immediately to uncover key-person risk and owner dependencyFinancial Deep Dive: Why quality of earnings analysis and RMR audits are non-negotiable in security and alarm acquisitionsLegal Pitfalls: Purchase agreement strategy (Asset Purchase vs. Stock Sale), assignability issues, and spotting “tribal knowledge” gapsRisk Management: How customer concentration and undocumented arrangements should impact deal structure and walk-away thresholdsWhether you’re evaluating acquisition due diligence for a small alarm company or a multi-branch integrator, this episode breaks down the real cost of rushing diligence—and how disciplined buyers avoid it.🔗 ConnectStephen OlmonCollin TrimbleMore Entry & Exit Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
14
Lee Odess: Why Physical Security Is Becoming an Enterprise Software Business
Hosts Stephen Olmon and Collin Trimble sit down with Lee Odess for a wide-ranging, no-nonsense conversation about the forces reshaping the security and life-safety industry—and why operators who keep treating cloud, mobile, and AI like “features” are already falling behind.Lee, one of the most connected voices in access control and physical security, makes the case that our industry is no longer evolving like a traditional hardware channel. Enterprise software norms are taking over: value is pooling in data, software, and architecture—not panels and readers. And that shift is happening now, not five years from now.They dig into what this actually means for operators on the ground. Why alarms will become the minority of security spend. Why access control and video are converging into platforms. Why vertical-specific solutions are replacing generic systems. And why the real risk isn’t disruption—it’s clinging to “old truths” that used to protect the industry but now actively hold it back.Lee also lays out the early warning signs operators should be watching for: losing deals to software-led solutions, manufacturers showing up with their own demand gen, revenue trapped in hardware margins, and brand-collector integrators who can’t operationalize what they sell. Throughout the conversation, one theme stays constant: this is an and moment, not an or moment. You can stay in the $10–12B high-security market—or reposition to compete in the $70B+ mainstream market—but you can’t pretend the choice doesn’t exist.The episode closes with a clear, tactical starting point for owners of legacy security businesses: erase the old mental model, define a 30-year vision, and rebuild your product mix, partners, and talent around where value is actually going—not where it used to live.✨ What You’ll LearnWhy physical security is being reshaped by enterprise software—not incremental tech upgradesThe difference between treating cloud, mobile, and AI as features vs. architectureWhy alarms are becoming a minority of total security investmentEarly warning signs your business model is quietly falling behindHow value is shifting from hardware margins to software, data, and systems integration🔗 Connect Lee Odess Stephen Olmon Collin Trimble More Entry & Exit Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
13
RMR: The 8th Wonder of the Security Business (Here’s Why Buyers Pay More)
Hosts Stephen Olmon and Collin Trimble go deep on recurring monthly revenue (RMR) in the security and fire-alarm industry—why it’s the heartbeat of the business, the biggest driver of valuation confidence, and the single most stabilizing force for operators trying to scale without cash-flow whiplash. They unpack how RMR smooths payroll, fuels growth investments, and answers the only question buyers ultimately care about: where is the next dollar coming from?From there, the Alarm Masters partners get specific on what “great” actually looks like. They lay out the RMR-to-topline ratios they see across company sizes, explain why big projects can quietly distort your mix if you’re not squeezing every available recurring dollar, and clarify that even EBITDA-based deals live or die on the quality and density of RMR.They also walk through the five major buckets of RMR—monitoring, software subscriptions, hardware-as-a-service, maintenance plans, and managed services—plus the real tradeoffs between margin and stickiness. Burg monitoring might throw off 65–75% gross profit but churns more. Cloud access/video subscriptions run lower margin yet can be sub-1% attrition because the hardware and software are inseparable. Their core message: win by being multi-service per account, stacking recurring layers until switching costs make churn irrational.Finally, they bring it home with an operator’s playbook: your back office must be built to bill and offboard RMR cleanly, your techs must be trained so installs stay profitable, and your salespeople must be comped like RMR is the main product—because it is. If you want to hit the “mature business” benchmark, they give you the homework to map your current base, model your path to 50% RMR, and tighten your execution over the next 12–24 months.✨ What You’ll LearnWhy contracted RMR creates stability and higher valuation confidenceThe “golden” RMR mix by company size—and why 50% topline RMR is the maturity markerHow big projects can tank your RMR ratio if you don’t engineer recurring dollars into every jobThe five buckets of RMR and how to prioritize them by margin vs. attrition🔗 Connect Stephen Olmon — http://x.com/stephenolmon Collin Trimble — https://x.com/TXAlarmGuy More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
12
The $1M Service Department Mistake Most Owners Make
Hosts Stephen Olmon and Collin Trimble tackle one of the most misunderstood parts of a security & fire-alarm business: the service department. Too many owners treat service like a cost of doing business—something you begrudgingly do to keep customers from canceling. That mindset is killing growth and lowering valuations.In this episode, the Alarm Masters partners break down why service is actually the tip of the spear for customer experience, one of the most controllable revenue streams in the company, and a huge driver of enterprise value. They share real examples of how service failures cause churn, how tight process and communication prevent blowups, and why “see you tomorrow” has to be built into the DNA of your service culture.They also get tactical on profitability: how to schedule tighter, keep tech utilization high, price service competitively without racing to the bottom, and actively create service demand instead of waiting for the phone to ring. If you’re buying companies, scaling one, or planning to sell, this is a playbook for turning service into recurring, predictable, high-margin revenue.✨ What You’ll Learn- Why your service department is the #1 driver of customer experience (and cancellations)- How service can be more profitable than projects when run right- The exact process + communication landmines that cause churn- How to use non-customer service calls to win new monitoring accounts- What to look for in a great service manager (and why the default picks usually fail)💼 Big Reputation — Stop chasing reviews and watching competitors outrank you. Big Reputation is the AI-powered review + SEO platform built for home service pros. Automate review generation, respond with AI, track local SEO, and integrate with your CRM. Setup is free, and your first month’s on the house.👉 Book your demo🔗 Connect Stephen Olmon Collin Trimble More Entry & Exit Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
11
Buying a Business? Here’s How to Find a Deal That Isn’t Trash
Hosts Stephen Olmon and Collin Trimble get tactical on the question they hear nonstop: “How do you actually find deals worth buying?” After seven acquisitions in three years, the Alarm Masters partners break down why quality lead flow is hard in fire & life-safety, what “deal size” really means in this industry, and how to build a sourcing engine that doesn’t rely on luck.They walk through the real-world channels that drive acquisition opportunities—brokers, vendors, referral partners, conferences, and owner-to-owner relationships— plus the hidden tradeoffs between big competitive processes and smaller “hairy” tuck-ins. Along the way, they share the most common landmines they see buyers step on (key-man risk, messy RMR data, underpaid teams, weak SOPs, unrealistic add-backs), and how to tighten your buy box so the right deals start finding you.If you’re serious about buying a “book of accounts,” a local competitor, or your next platform—but don’t have a repeatable way to source or qualify deals—this episode is your playbook to stop chasing random listings and start building real deal flow.✨ What You’ll LearnWhy finding good acquisition leads is so hard right nowThe difference between great deals and available dealsThe “hair” to expect in sub-$1M EBITDA / smaller RMR buysBrokered vs off-market deals (and why neither is automatically better)Vendor & partner channels that actually produce leads💼 Shoutout to Quick Staffers LLC Need trained HVAC & plumbing CSRs at a fraction of the cost? Quick Staffers LLC specializes in placing top-tier global talent with the best SOPs and scripts. 🔥 Get $1,000 off your first placement here Stephen Olmon Collin Trimble More Entry & ExitOwned and Operated New Episodes Every Wednesday!Subscribe For More
-
10
Buying a Business and How to Merge Successfully
Hosts Stephen Olmon and Collin Trimble lay the groundwork for M&A in security & life-safety, how to buy your first (or next) company without blowing up your P&L or culture. They unpack how they’ve bought 6 (soon to be 7) alarm businesses in under two years, why they’ve stayed in their lane with RMR-heavy alarm companies, and how to think about platforms, add-ons, and tuck-ins before you ever sign an LOI.From choosing the right type of security company (integrator vs alarm, commercial vs residential), to navigating RMR vs EBITDA valuations, to financing and due diligence, this episode is your primer on doing deals that actually make you richer, not just busier.If you’re daydreaming about “buying a book of accounts” or a shop in the next city but haven’t nailed your strategy, financing, or integration plan, this one’s for you.✨ What You’ll LearnM&A Fit > M&A FOMOTypes of Security Companies to Buy (or Avoid)Platforms vs Add-Ons vs Tuck-Ins💼 Extra Special Thanks to Service Scalers!We’ve been partnering with Service Scalers to maximize our Local Service Ads (LSAs) and optimize our Google My Business profiles, and the results have been incredible. With hundreds of thousands in sales and 900+ calls in a single week, GMBs are now our top-performing organic lead channel. Want to learn how Service Scalers can do the same for you? 🔗Check Them Out Here 🔗 ConnectStephen Olmon Collin TrimbleOwned and Operated New Episodes Every Wednesday!Subscribe For More
-
9
The Hidden Secret to Faster Quotes and Higher Margins
Hosts Stephen Olmon and Collin Trimble break down how to fix the bottleneck that strangles growing security & life-safety companies: design and quoting. They share the people/process/tech playbook to get proposals out in 24–72 hours, tighten scopes, and hand ops clean jobs. From building a repeatable estimation playbook to leveraging international talent and AI for door hardware and camera selection, this episode is your roadmap to faster quotes, higher win rates, and better margins.If you’re still cranking proposals at 10pm—or relying on sales reps to “figure it out” in spreadsheets—this one’s for you.✨ What You’ll LearnSpeed Wins Deals: Why time-to-quote beats price—and how to hit 24–72 hour turnarounds.The 3 Pillars: People, process, tech—how to staff solution engineering, document heuristics, and keep quoting inside the CRM.Stop Owner-Quoted Chaos: Why owners and sales reps shouldn’t be building estimates—and what to do instead.The Estimation Playbook: What photos, notes & drawings sales must capture, plus the heuristics (labor, cable, markup) your team needs.🔗 ConnectStephen OlmonCollin Trimble More Entry & Exit Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
8
How To Make Your Business Run Without You
Hosts Stephen Olmon and Collin Trimble unpack how technology builds sellable, scalable security & life-safety companies. They reveal how connected systems—CRM, billing, and field service—create a “Customer 360” that boosts customer experience, drives predictable revenue, and reduces key-person risk. If you want to exit someday (or just stop living in spreadsheet hell), this is your roadmap. From tech stacks to tactical CRM setup, you’ll learn how to modernize your ops and build a business that runs on systems—not you.✨ What You’ll LearnBuild to Sell: Why every business should be built to be sold—even if you never plan to exit.Customer 360: How integrated CRMs and connected tech personalize service at scale and increase retention.CRM as Backbone: Why your CRM—not your inbox or spreadsheet—should be the center of your customer experience.Avoid Key-Man Risk: How systemized processes make your company more valuable and acquirable.Homework: Step-by-step setup—pick your CRM, load your top accounts, connect your website, and start tracking customer data today.💼 Extra Special Thanks to Service Scalers!We’ve been partnering with Service Scalers to maximize our Local Service Ads (LSAs) and optimize our Google My Business profiles, and the results have been incredible. With hundreds of thousands in sales and 900+ calls in a single week, GMBs are now our top-performing organic lead channel. Want to learn how Service Scalers can do the same for you? 🔗Check Them Out Here 🔗 Connect Stephen Olmon Collin Trimble More Entry & Exit — https://www.entryandexit.co/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
7
How to Build a Security Company That Actually Closes New Deals
Hosts Stephen Olmon and Collin Trimble get practical and tactical on winning new logos in security & life-safety. They break down how to niche your ICP, keep your message consistent, split lead vs. sales process, and get multithreaded so you close more deals—without wasting budget on broad, unfocused marketing. From anchor pricing and social proof snapshots to CRM must-haves, this is the field guide to predictable pipeline and higher close rates.✨ What You’ll LearnNiche to win: How vertical focus (e.g., K-12 & universities) sharpens messaging, improves ops, and raises credibility.ICP, not guesswork: Turn real customer interviews into a usable Ideal Customer Profile that drives copy, offers, and outreach.Lead vs. Sales process: Why separating them boosts qualification, reduces time vampires, and increases conversions.Multithreading that matters: Get beyond one facility manager to influencers and power—so you don’t lose single-threaded deals.💼Shoutout to Avoca AI!Looking to train your call center and improve technician performance? Avoca AI helps teams identify issues, improve call quality, and drive results from start to finish.🔗 Schedule a demo💼 Extra Special Thanks to Service Scalers!We’ve been partnering with Service Scalers to maximize our Local Service Ads (LSAs) and optimize our Google My Business profiles, and the results have been incredible. With hundreds of thousands in sales and 900+ calls in a single week, GMBs are now our top-performing organic lead channel.Want to learn how Service Scalers can do the same for you?🔗Check Them Out Here 🔗 ConnectStephen OlmonCollin Trimble MORE Entry & Exit Owned and Operated — https://www.ownedandoperated.com/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
6
The Secret to Growing a Security Company Fast!
Welcome to Entry & Exit — the Owned and Operated series for builders in security & life-safety. Hosts Stephen Olmon and Collin Trimble break down how to make your company sale-ready long before you sell: architecting a team that’s bigger than the owner, shifting from one-time installs to recurring revenue, and building a repeatable sales + service engine that PE buyers love. From SDR/AE/SE role design to skills-based routing and an estimation playbook, this is a practical blueprint for predictable growth and a stronger exit.✨ What You’ll LearnDesign for exit early: reduce key-man risk, diversify revenue, and make the business run without you.RMR as the growth engine: why we sell cloud/subscription solutions by default—and when to walk from non-subscription deals.Cash vs. contracts (hybrid): trading some upfront GP for higher enterprise value via contracted recurring revenue.Sales org that scales: split roles (SDR → AE → Solutions Engineer) so AEs spend time in front of customers.🔗 Connect Stephen Olmon Collin Trimble Owned and OperatedOwned and Operated New Episodes Every Wednesday!Subscribe For More
-
5
How the Best Security Integrators Hit $10M and Keep Growing
Welcome to Entry & Exit — the Owned and Operated series for builders in security & life-safety. Hosts Stephen Olmon and Collin Trimble lay out exactly how they’re scaling Alarm Masters past eight figures after buying it at ~$2M revenue — growing to $6M+ in ~24 months through 4 tuck-ins and a 50/50 mix of organic and inorganic growth, with 50%+ RMR growth in Year 1. From face-to-face selling to buying RMR accounts and mining your install base, this episode is a step-by-step operating manual you can copy.✨ What You’ll LearnThe 3 revenue pillars (Install, Service, RMR) — and how to think about target marginsWhy fire-alarm monitoring is the best land → expand wedge (opens doors to 5 scopes: cameras, access, fire, intercom, PA)The coffee/taco drop: a $5 in-person touch that creates pipeline and stickinessThe metric that matters: 7–10 face-to-face meetings = ~90% win rate (vs. <7 = steep drop)Buying RMR the right way (typical RMR multiples and how to turn one contract into projects, service & managed services)Building a B2B sales process around relationship & information: BANT, anchor pricing, and sequencing meetings🔗 Connect Stephen Olmon — http://x.com/stephenolmonCollin Trimble — https://x.com/TXAlarmGuyJohn Wilson — https://x.com/WilsonCompaniesOwned and Operated — https://www.ownedandoperated.com/Owned and Operated New Episodes Every Wednesday!Subscribe For More
-
4
How to Build, Scale, and Sell a Security or Fire Protection Business
Welcome to Entry & Exit — the new Owned and Operated series for builders in the security & life-safety world. Hosts Stephen Olmon and Collin Trimble share how they grew Alarm Masters from under $2M to ~3× revenue, including +50% RMR growth in Year 1.From recurring revenue (RMR) to acquisitions and organic growth, this episode breaks down what it really takes to scale a security business — and eventually position it for a successful exit.✨ What You’ll Learn-The 3 revenue pillars (Install, Service, RMR) and target margins- Why buying monitoring accounts opens doors to 5 scopes (cameras, access, fire, intercom, PA)- The coffee/taco drop strategy that keeps customers sticky & cross-sold- How Alarm Masters went from 1st deal → 4 acquisitions → $6M+ in just 2 years- Lessons on hiring, ops leadership, and competing with the national giants- What buyers look for when evaluating your business (RMR %, retention, service cadence)🔗 ConnectStephen Olmon Collin Trimble Owned and Operated New Episodes Every Wednesday!Subscribe For More
No matches for "" in this podcast's transcripts.
No topics indexed yet for this podcast.
Loading reviews...
ABOUT THIS SHOW
Entry & Exit is a podcast about building, scaling, and exiting security and fire businesses. Hosts Stephen Olmon and Collin Trimble share their journey growing Alarm Masters through acquisitions and organic growth, along with the lessons they’ve learned along the way.From recurring revenue strategies to sales, operations, and M&A, Entry & Exit gives business owners and entrepreneurs an inside look at what it takes to succeed in the security industry. Whether you’re starting your first company, growing past the owner-operator stage, or thinking about an eventual exit, you’ll find practical insights and real stories to guide your path.
HOSTED BY
Stephen Olmon and Collin Trimble
CATEGORIES
Loading similar podcasts...