The CEO of P3 Cost Analysts has run with the bulls, piloted planes in Alaska, earned Eagle Scout honors and traveled the world on a ship
In life and in business, CEO Aaron Stahl is all about “adding moments and memories that people can’t take away.”
The 38-year-old CEO of P3 Cost Analysts has run with the bulls in Spain, gone skydiving twice, piloted small planes in Alaska, Central and South America, earned Eagle Scout honors, worked on a guest ranch in Montana near where the “A River Runs Through It” was filmed, and spent 100 days traveling around the world on a ship for a college semester abroad.
“I just crave doing things differently and making good on my bucket list,” said Stahl, of Fayetteville, Arkansas.
With P3 Cost Analysts, Stahl is taking a simple model of saving businesses money across numerous avenues and bringing to the masses through franchising.
P3 Cost Analysts, which was created after Stahl acquired Cost Analysts Inc. and merged it with his company – P3 Waste Consulting – in 2018, supplies the following to clients:
- P3 Cost Analysts uses their 150+ years of industry expertise to reduce clients’ waste, telecom and utility expenses on a risk-free, shared savings basis. If P3 Cost Analysts can save its clients money, they simply split the savings. If they can’t, there is no fee.
P3 Cost Analysts has offices in Fayetteville, Arkansas and Greensboro, North Carolina. Revenue this year is expected to hit about $2.75 million, and Stahl projects at least $4 million in annual revenue by the end of 2020.
The company began franchising the concept around the country in 2018. Currently there are 8 franchisees, and Stahl expects that number to grow substantially in the coming years. Stahl said businesses engage with P3 Cost Analysts on a risk-free basis to audit their expenses. After the 12-week assessment P3 is able to determine what and how much they can deliver back to their client’s bottom line. Since the company’s inception, they have delivered more than $200 million back to clients’ bottom lines.
When talking about the future of the business Stahl said, “We’re not trying to grow for growth’s sake.” He added that P3 Cost Analysts is planning to expand into Canada and Latin America within 10 years. “For me, it’s all about having fun, helping people, and creating value for our clients, franchisees, and employees.”
Stahl has embodied that mantra his entire life. He grew up on a cattle farm in Mountain Home, Arkansas, two hours east of Fayetteville. Free time was spent exploring the farm and wilderness with his older brother, Brian.
Both Stahl and his brother are Eagle Scouts – an honor reached by only 4 percent of Boy Scouts. Stahl said becoming an Eagle Scout “taught me to complete what I started and always stick through things until the end.”
Stahl has had two non-entrepreneurial jobs: one working construction and the other as a dishwasher at a guest ranch in Big Sky, Montana near the Gallatin River – site of the fly fishing scenes in “A River Runs Through It.” Stahl found the position after he and a friend decided one summer to drive to Montana and go door to door at different ranches and ask for work.
As a sophomore at University of Arkansas, Stahl said he noticed that the “normal” path in life was to graduate, get a 40-hour job and wear a suit and tie.
“I realized that if I did that, I would lose my mind,” Stahl said. “I knew I had to come up with something that would allow me to control my own future.”
He founded Stahl Enterprises – a construction company – in 2003. P3 Waste Consulting – the P’s stand for People, Planet and Profit – was launched in 2004, and Stahl has never looked back.
But he’s always taken time for adventure. He ran with the bulls in Spain in 2007. Three years later, Stahl and a couple friends bought a small 1950s Cessna 180 plane and flew from Arkansas to Central America and eventually to Colombia and back up through the Caribbean. That year, he also trained in aerobatics and finished third in an aerial acrobatics competition. Stahl also lived in Medellin, Colombia for six months so he could learn Spanish. In college, Stahl spent 100 days on a ship that went around the world as part of the “Semester at Sea” program. He’s also taken a 6-month sabbatical from P3 so he could serve as a flight instructor in Alaska.
“I like to pack as much into life as I can and hopefully inspire others to follow their dreams as well.” said Stahl, who is also working on getting his glider pilot rating and earning his First Responder certification to become a Wilderness First Responder.
“I know my soul would die if I couldn’t continue to have fun and do things in life a little differently,” he said.
And Stahl said it will be another great adventure watching P3 Cost Analysts grow into a worldwide brand.
“We’re solving a big problem for businesses, and creating value for everyone,” Stahl said.
For more information on P3 Cost Analysts, visit https://costanalysts.com/