How He Built a $20 Million Busine...

How He Built a $20 Million Business From 2.5 Offices | Dan Fletcher

The 1% Podcast por Robert Young and Doug Cellini
2 oct 2026
47:00

Notas del episodio

Dan Fletcher went from a park bench to Park Avenue. The CEO of Sound Hearing, Beltone reveals how he got clean at the Salvation Army, bought out the owners who refused to sell to him, and built a $20 million company with 54 Beltone franchise offices.

HIs company has 89 employees and 54 offices across Michigan and northern Ohio, and has won every award Beltone offers, including six straight Circle of Excellence awards and recognition as one of Detroit's top places to work, earned across a network of 1,600 offices nationwide.

He explains:

🡒 The Park Bench Turnaround: how hitting rock bottom at a Salvation Army recovery program became the foundation for everything he built afterward.

🡒 The 1,200 Unit Deal: the exact pitch he made to owners who told him the business would never be for sale, and how it made him a partner within one year.

🡒 The Lucky Question: the scale of 1 to 10 interview question that exposes a bad hire before they poison your entire team.

🡒 The Trust Sale: why nobody has ever actually bought a hearing aid from him, and what his patients are really paying for.

🡒 The 5% Edge: why success never required anything astronomical, just slightly more effort than everyone else is willing to give.

Chapters

0:00 Intro

0:41 Donut shops, odd jobs, and the newspaper ad that changed everything

8:25 How to sell a product nobody wants

14:52 Park bench to Park Avenue: the recovery story

18:58 Borrowing $40,000 and paying it back in year one

20:08 Generational wealth without spoiling your kids

27:31 Growing from two and a half offices to 54

31:13 The interview questions that reveal everything

39:44 Building a family first company

41:50 Final advice: get your foundation right before the leap

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Connect with us!

https://www.linkedin.com/in/douglas-cellini/

https://www.linkedin.com/in/robert-young-43391714/

https://www.linkedin.com/company/kingsview/

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Kingsview General Disclosure: Kingsview Wealth Management ("KWM") is an investment adviser registered with the Securities and Exchange Commission ("SEC"). Registration does not constitute an endorsement of the firm by the SEC, nor does it indicate that KWM has attained a particular level of skill or ability. The information presented is for educational purposes only. It does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed