From Business Acquisition to Green Innovation: Lessons from Driver Dave’s - Rick Scott

Rick Scott joins us today to talk about his purchase of a local company called Driver Dave’s and how he plans on innovating in the transportation field by integrating hydrogen conversion into his fleet.

Today we’ll learn about how to think about structure deals to purchase businesses, recognizing our limitations, surrounding ourselves with good people and much, much more.

Chapters

00:00:00 – Welcome & introduction
00:02:14 – Inception of Driver Dave’s
00:04:11 – Hydrogen conversion technology
00:05:20 – Making equity deals
00:08:51 – Learning to visualize where you want to be
00:10:21 – Surround yourself with good people that can help
00:13:00 – Have intention with what you do
00:14:50 – First couple years after buying a business
00:18:45 – How hydrogen fits into Driver Dave’s
00:21:01 – How green hydrogen works in vehicles
00:26:00 – Vision for company and having a tangible environmental impact
00:32:59 – Truly sustainable model in supply chain
00:34:24 – Dangers of oil spills and plastics
00:38:10 – Advice to younger self
00:41:18 – Importance of taking care of employees
00:45:00 – Grow company culture organically based on your values
00:49:41 – Advice to new business owners
00:51:10 – Family support
00:53:40 – Modernizing business after purchase
00:59:00 – Invest in yourself