Afleveringen
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Financial knowledge is not merely a benefit in entrepreneurship; creating a strong and successful company is necessary. Even if many entrepreneurs are passionate about their goods or services, they frequently ignore important financial aspects essential to long-term success.
In this episode, Brad and Greg talk about:
Understanding gross margin vs. revenueThe importance of labor efficiency ratiosStrategies for maintaining profitabilityNavigating inflation and market changesThe future of the construction industryMentioned:
Simple Numbers, Straight Talk, Big Profits!
https://gregcrabtree.net/books/simple-numbers-straight-talk-big-profits/
Website: https://gregcrabtree.net/
https://www.simplenumberscri.com/
LinkedIn: https://www.linkedin.com/in/greg-crabtree-simple-numbers/
Links to Resources:
Grab Brad's tell all book: The Contractor Profit Blueprint
https://thecontractorprofitblueprint.com
Visit our official website:
www.thecontractorprofitblueprint.com
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Franchising is often viewed as a straightforward path to business expansion, where a successful model can be replicated across various locations. However, Mike Andes pointed out that the path to profitable franchising is far from straightforward. It demands meticulous planning, a deep understanding of the franchisor-franchisee relationship, and strong support systems to ensure mutual success.
In this episode, Brad and Mike talk about:
Experiences in franchising, including challenges and strategies for success.How Mike implemented a P4P system to incentivize employees and improve efficiency.Importance of focusing on the right aspects of business at different growth stages.Insights into why many home service businesses struggle to reach $1 million in revenue.Mentioned:
Website: https://www.mikeandes.com/
Youtube Channel: http://www.youtube.com/@MikeAndes/videosername
Facebook: http://www.facebook.com/themikeandes/ame
Instagram: http://www.instagram.com/themikeandes/name
TikTok: https://www.tiktok.com/@mikeandes?lang=enUsername
Links to Resources:
Grab Brad's tell-all book: The Contractor Profit Blueprint
https://thecontractorprofitblueprint.com
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Zijn er afleveringen die ontbreken?
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In entrepreneurship, the path to success is often paved with hard work, resilience, and an unwavering commitment to personal and professional growth. Jordan's story, of transitioning from paramedic to successful lawn care entrepreneur, exemplifies how dedication and adaptability can lead to unexpected success.
Brad and Jordan talk about:
Jordan's journey from lawn care to design-buildImportance of employee engagement and creating a positive work environment.Insights on scaling a business while maintaining quality and employee satisfaction.How social media builds client relationships and enhances brand trust.Jordan's background as a high school dropout and his rise in the construction industry.Mentioned:
Follow Evolve Design Build on Instagram: https://www.instagram.com/evolve_design_build
Links to Resources:
Grab Brad's tell-all book: The Contractor Profit Blueprint
https://thecontractorprofitblueprint.com
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Open and honest communication is the key to having healthy personal and professional interactions. It's not enough for the information to get through; the person who gets it must also understand it. The goal of good conversation is to understand each other. Changing communication methods to fit different ways of learning is very important.
In this episode, Brad talks about:
The importance of comprehension in effective communication.Discuss the four main learning styles: visual, auditory, kinesthetic, and reading/writing.How to adapt your communication style to meet the needs of different team members and clients.Real-life scenarios illustrating the impact of learning styles on communication.Tips for developing training materials that cater to all learning styles.Introduction to "The Contractor Profit Blueprint" and its benefits for contractors.Mentioned:
Grab Brad's tell-all book: The Contractor Profit Blueprint
https://thecontractorprofitblueprint.com
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Unpredictable as it may be, change can be a driving force in one's growth and development. Adapting to new circumstances shows how our reactions to changes in life shape who we become. A key component of personal growth is accepting that change, no matter how unpleasant, is an unavoidable part of living.
In this episode, Brad talks about:
The slowing construction market and its implicationsThe impact of fear-mongering in the newsThe importance of building a brand and marketingEmerging technologies in the construction industryOvercoming the scarcity mindset and embracing feedbackIntroduction to Brad's new book, "The Contractor Profit Blueprint"Mentioned:
Grab Brad's tell-all book: The Contractor Profit Blueprint
https://thecontractorprofitblueprint.com
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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One of the main issues facing construction organizations is the difficulty in finding and retaining qualified workers. Because skilled workers usually depart for better opportunities soon after being hired, this gap results in high turnover rates.
In this episode, Brad and Matthew talk about:
Challenges contractors encounter with hiring and training employees, and how HomeVee offers creative answers through online support.The impact of labor shortages and employee turnoverHomeVee's unique staffing solutions and training programsBenefits of hiring virtual assistants from Central AmericaThe relationship between HomeVee and Project E15, a nonprofit initiativeMentioned:
Website: https://homev.biz
Youtube Channel: http://youtu.be/Lud4_cPXdQk?si=GPxQurrCsIZlY9wzame
Facebook: http://www.facebook.com/profile.php?id=100087485685712
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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In today's digital world, a professional online presence, good customer service, and using a variety of marketing strategies are not just choices in a competitive market, they are necessary parts of a successful business strategy. Contractors can set themselves up for long-term success and growth in a market that is always changing by understanding the value of time as a resource and using it to build a strong base for their businesses.
In this episode, Brad and Ben talk about:
Setting Expectations: Learn how to communicate effectively with your clients to ensure everyone is on the same page.Building Trust: Discover the importance of social proof and how to leverage reviews and testimonials to your advantage.Marketing Basics: Ben outlines essential strategies for generating leads beyond just referrals, including the significance of a professional website and a strong online presence.Investing in Your Business: We discuss the mindset shift needed to view marketing expenses as investments that can yield significant returns.Mentioned:
Visit One Thing Marketing to learn more about their services and schedule a strategy session.
Social Media:
Instagram -https://www.instagram.com/onethingmarketing/LinkedIn - https://www.linkedin.com/company/one-thing-marketing/Facebook - https://www.facebook.com/onethingmarketing/Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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The need to know building codes is impossible to overestimate in today's fast-paced environment. Though many still view building regulations as difficult and tiresome, they form the basis for construction safety, quality, and efficiency. Experienced building code instructor and consultant Glenn Matheson has decided to demystify these rules and empower others with knowledge.
In this episode, Brad and Glenn talked about:
Glenn shares his transition from a laborer to a building inspector and eventually to a coding educator.How TikTok has transformed Glenn's approach to building code education and engagementImportance of contractors understanding building codes beyond what inspectors sayTips on how to effectively communicate and build professional relationships with building inspectorsProactive and positive building code education.Mentioned:
Website: buildingcodecollege.com
Social Media:
Facebook - https://www.facebook.com/BuildingCodeCollegeInstagram - https://www.instagram.com/buildingcodecollege/LinkedIn - https://www.linkedin.com/in/glennmathewson/TikTok - https://www.tiktok.com/@buildingcodecollege.comLinks to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Many entrepreneurs begin their journey as jack-of-all-trades, driven to capture as many opportunities as possible. At first, this method might seem like a good idea, but it often leads to a lack of focus, slowing down growth. The challenge of managing numerous tools for various tasks can lead to financial strain and operational chaos.
In this episode, Brad interviews Jacob Lawson, owner of Extraordinary Flooring and author of Make It Extraordinary: 27 Life-Changing Lessons to Help You Elevate Beyond the Ordinary. They discuss:
Jacob's journey from the oil field to the flooring businessThe importance of rebranding and finding your nicheLessons learned from 20 years in businessThe significance of work ethic and determinationMentoring employees to reach their highest potentialThe value of knowing your numbers in business and personal financeEmbracing the concept of "extraordinary" in all aspects of lifeMentioned:
Book: Make It Extraordinary
Website: https://www.extraordinaryflooring.com/
Social Media:
Facebook - https://www.facebook.com/profile.php?id=100081582263184Instagram - https://www.instagram.com/extraordinaryflooring1/LinkedIn - https://www.linkedin.com/in/jacob-lawson-762a0120b/Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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These days, blue-collar jobs are often overlooked and undervalued, but they can be very profitable and satisfying careers. If you want to be successful in the blue-collar trades, you need to have a clear picture of what you want your life to be like and work hard to make that picture come true.
In this episode, Brad and Ken, an entrepreneur and author of Blue Collar Cash talked about:
Ken's journey from ditch digger to successful business owner.The importance of mindset in achieving success and planning your life.How can we anticipate life events rather than react to them?Creating a visual representation of your goals and dreams.The significance of fostering an entrepreneurial spirit within your team.Clearing negative emotions to make room for positive growth and success.Mentioned:
Ken's website:
Kenrusk.com
Ken's Instagram account:
https://www.instagram.com/kenruskofficial/?hl=en
Comfort Peace and Freedom Foundation:
veteransuccess.org
Book Recommendations:
Blue-Collar Cash: Love Your Work, Secure Your Future, and Find Happiness for Life
The Seven Habits of Highly Effective People
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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In today's digital world, making the most of social proof is important to build a strong and trustworthy business image. People can boost their credibility, gain trust from their audience, and eventually make their business successful by being open to being vulnerable, keeping a professional online presence, and using social proofing techniques.
In this episode, Brad talks about:
How social proofing is seeking evidence of credibility onlineImportance of optimizing social media profiles for business successImpact of personal behavior on business perceptionRecommendations for optimizing personal and business profilesStrategies for showcasing team members on the websiteHow clients engage in social proofing to assess integrity and characterImportance of aligning online presence with target audienceHow personal image reflects on business reputationLinks to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Business owners avoid putting down processes because they think it will take too much time and work. They may also be afraid that putting new processes in place will make workers unhappy and mess up how things are done now.
In this episode, Brad and Cary talk about:
Challenges faced by small business owners in understanding financial statementsImportance of weekly dashboards and strategic planningFrustration points for business owners in implementing changesThe role of processes and systems in business managementThe concept of talent optimization and attracting A playersThe influence of language and narratives on leadership and employee engagementMentioned:
Website: https://strategicbusinessadvisors.org
Social Media:
Facebook - https://www.facebook.com/CFOconsultingLAInstagram - https://www.instagram.com/cfoconsultingllc54/LinkedIn - https://www.linkedin.com/in/caryprejean/Book: OPTIMIZE! - Read the executive summary here.
Previous Media Samples:
Bullet Wealth with Scott MarekPersonal Finance Cat with Handie KunenLinks to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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It's not enough to just do good work to get jobs. Quality work may get the phone to ring, but what really makes sales happen is addressing the clients' emotional worries and meeting their needs.
In this episode, Brad talks about:
The Yes Staircase concept explainedImportance of addressing client concerns and expectations in salesDebunking common misconceptions in sales (quality, price, time)Importance of emotional selling over product knowledgeUsing calibrated questions to uncover client needsLinks to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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No matter what size or type, every business needs to hire an accountant. One of the best things about hiring an accountant is that they can help you figure out tricky financial issues. Accountants know how to help businesses make smart financial choices, make the most of their tax strategies, and make sure they follow the rules. Businesses in fields with specific financial needs and difficulties can benefit a lot from this kind of knowledge.
In this podcast, Erin from Level Accounting and Advisory and Brad talk about:
Importance of setting up the right entity structure from the startCommon mistakes to avoid in bookkeeping, accounting, and payrollThe difference between generalist and specialist accountantsWhen to transition from DIY accounting to hiring a professionalHandling tax notices and the importance of timely responseThe significance of tax planning and financial planning throughout the yearTips on outsourcing payroll and bookkeeping servicesWarning about the risks of misclassifying contractors as employeesThe impact of running a business illegally based on payroll requirementsMentioned:
Erin's website
Erin's Instagram Account
Erin's LinkedIn Account
Erin's Facebook Account
Erin's Threads Account
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Uncertainty is a normal part of life, and everyone needs to learn how to deal with it to reach their goals. People can find new chances and possibilities they might not have thought of before if they are open to uncertainty. It forces them to leave their comfort zone and take chances that can help them grow and be successful.
In this podcast, Andrea and Brad talk about:
Andrea's background in corporate roles and transition to coaching entrepreneursThe concept of the "messy middle" in business growthOvercoming fear of change and embracing uncertaintyThe importance of increasing risk tolerance to think like a CEOStrategies for scaling with simplicity and confidenceBook recommendation: "The Big Leap" by Gay HendricksMentioned:
Andrea's website
Andrea's Instagram Account
Andrea's LinkedIn Account
Andrea's Facebook Account
Andrea's Podcast
She thinks big book
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Solving problems in the business world is an important part of growth and innovation in any field. This idea has been shown to work in the gardening business by Weston Zimmerman and his team at Synced Up. Weston went from working as a 16-year-old for a landscaping company to now being the CEO of a software business. This shows how important it is to find and solve problems that affect the whole industry.
In this episode, Brad and Weston talked about:
Importance of knowing numbers and pricing jobs profitably in the landscaping industryChallenges faced by contractors in managing overhead expensesThe significance of job costing in tracking project profitabilityStrategies for negotiating on scope rather than price in salesTransitioning from a craftsman to a businessman in the contracting industryBenefits of using templates and production rates in estimating jobsImpact of budgeting and financial understanding on business growthImportance of quick quote turnaround time in winning jobsThe role of confidence and serving the customer in successful sales strategiesMentioned:
SynkedUP's freebie tools
SynkedUP's demo
Event in Dayton OH (Use sign-up code PROFIT for $100 off)
Weston's LinkedIn account
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Everyone who works as a contractor has to deal with scope creep. It means that the scope of a project is slowly changed or added to, usually without proper approval or paperwork. This can make things more expensive, take longer, and create frustration for both the contractor and the client.
In this episode, Brad talks about:
Factors leading to scope creepDetailed scope of work in estimates.Identifying red flags in client communication.Charging fees for change orders.Direct communication with clients about additional work.Padding estimates for unforeseen circumstances.Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Accept the strength of being weak. Being vulnerable helps us connect with others more deeply, which leads to more kindness and understanding. It also lets us be who we are without worrying about being judged or rejected. Being open and honest about our real feelings and emotions with other people takes a lot of strength. We can break down barriers and build stronger, more meaningful ties with the people around us if we are willing to be vulnerable.
In this episode, Brad talks about:
The old-way of sales process involving time-consuming estimates and deadbeat clientsIntroduction to the new Profit Sales System for efficient pre-qualificationImportance of asking calibrated questions during discovery callsCharging for on-site consultations to filter out serious clientsBenefits of saving time and focusing on high-value projectsDownload the "No BS Guide to Pre-Qualifying People" for effective pre-qualification
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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People and business owners alike often think of their tax bill as one of their biggest costs. As a contractor or small business owner, you should know how to save money on taxes, stay away from common mistakes, and get your business off to a good start.
In this episode, Brad and Melissa from Busy Bee Advisors talk about:
Importance of tax planning and bookkeeping for contractorsFive essential questions to ask a tax preparerWhy the tax system is rigged and what can be done about itChecklist for new business owners on setting up books and entitiesThe benefits of different business entitiesConnect:
Schedule a consult with Busy Bee Advisors
Instagram account of Busy Bee Advisors
Facebook account of Busy Bee Advisors
LinkedIn profile of Melissa Broughton from Busy Bee Advisors
Book Recommendations:
Atomic Habits by James Clear and Penguin Audio
Blue Ocean Strategy by W. Chan Kim & Renee Mauborgne
Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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Every business owner needs to be able to lead and handle people well to make their business successful. Leadership is about inspiring and pushing a group to reach a big goal. On the other hand, management is about running the day-to-day business and ensuring everything runs smoothly. People who own businesses need to know the difference between being a leader and a manager and find a good mix between the two.
In this episode, Brad talks about:
The distinction between leaders and managers in corporate and small business settings.Importance of leadership training and skills, with military experience as a prime example.Stories and examples of effective leadership and consequences of poor leadership.Balancing leadership and management roles in construction businesses.Real-life examples of successful leadership and management strategies.Links to Resources:
Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.
A complete Done-With-You Program - Join the Profit Club
Join the Free Facebook Group - The Contractor Profit Blueprint
Get Paid for Estimates - Free Sales Guide
Plan Your Profits - Profit Journal
Help us get the word out to other contractors by leaving us a review or sharing our podcast!
Hosted on Acast. See acast.com/privacy for more information.
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