Global M&A Advisor to the Residential, Commercial, & Business Services Industries

Humility in Entrepreneurship: Andrew Richardson’s Biggest Business Lesson

In this insightful clip from ‘Off The Record,’ Andrew Richardson, CEO of Saela Pest Control, opens up about one of his biggest business mistakes. He discusses the ambitious development of PestMate, a proprietary software for the pest control industry, and the difficult decision to abandon the project after investing up to $15 million.

Andrew shares:

  • The humbling process of admitting failure and refocusing on their primary business
  • The initial reasoning behind developing PestMate
  • The challenges of transitioning from building software to supporting customers
  • How this project affected Saela’s core pest control business