Jan. 13, 2026

Building a Half Billion Dollar Business Without Losing Control

Building a Half Billion Dollar Business Without Losing Control

In today’s episoded, I sit down with David Royce to talk about equity, near bankruptcy, hiring and firing, and how getting good at an unglamorous business turned into a half billion dollar run.

In today’s episode, I sit down with entrepreneur David Royce, Founder and Chairman of Aptive, to talk about building scale without losing control. We go back to his broke college days, the early lessons around equity, and the first year when rapid growth nearly put his business under. We break down how he built four companies over two decades, why cash flow can be more dangerous than failure, and the people strategies that matter when you want to keep ownership. We also get into hiring and firing, emotional expense, why passion is overrated, and how getting good at something can create its own momentum.