The No Bullsh*t Podcast For Contractors
By Andrew Houston
The No Bullsh*t Podcast For ContractorsOct 31, 2023
Top Financial Hacks Every Contractor Should Know Before Hiring - Ep #202
πΈ Today, it's all about financial hacks every contractor must know before hiring. πΌ
Whether you're a lone wolf or eyeing team expansion, we've got your back. πΊ
Building a team is key to mitigating risks. We're diving into crucial financial considerations before you make that hiring decision. π‘Β
We're breaking down Lead Flow, Deal Flow, Workflow, and the ultimate goalβProfits and Cash Flow.Β
It's a streamlined sales process tailored to the financial aspect of hiring.Β
Tracking and forecasting growth are key to making hiring a smart move.
Let's simplify the hiring process and ensure your success in the contracting world.Β
Tune in for a breakdown that gets straight to the point! ππ°
Chapters:
3:07 Hiring and financial planning for contractors
7:21 Hiring and forecasting for business growth
10:51 Delegating tasks for profit growth in contracting businesses
14:07 Hiring an admin person to increase profit
Connect with us:
π Join Our FB Group (20,000+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Killing the Time Vampires Once and For All - Before they SUCK all Your Time Up - Ep #201
Ever felt the draining bite of time vampires in your daily grind?Β
We get it, and in our latest episode, we're unveiling these productivity suckers!
Here are the notorious four you need to watch out for:
The "Have you got a minute?" time vampire.
Mr. or Mrs. Meeting Vampire.
Mr. or Mrs. Trivia.
The emotional crisis enthusiast.
Don't let these creatures sabotage your plans!
Β Whether they're suppliers, team members, or clients, it's time to set some rules.
π Learn how to allocate specific time slots, take control of your schedule, and keep the time vampires at bay. π§ββοΈπͺ
Chapters:
1:09 Spotting and efficiently dealing with time-wasting individuals in a business setting
5:15 Managing time and support for various groups
7:31 Streamlining meetings and improving communication
12:14 Problem-solving in meetings
Connect with us:
π Join Our FB Group (20,000+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Protecting Your Contracting Business from the Housing Crisis - Ep #200
π Unlock the secrets of successful sales with this No BS Podcast episode!Β
π Eager to survive and thrive in challenging times, especially in the shaky housing market?Β
π Tune in as we share tactical strategies used by champion CEOs to navigate difficult times.Β
π€ Discover the power of optimizing your sales processβmeasure, analyze, and transform your results! π‘Β
Don't fall into the lowest price war trapβlearn the impactful truth about lowering your prices.Β
π Stay ahead, stay profitableβclick and boost your contracting business now!
Chapters:
1:56 Optimizing sales processes in a declining housing market
9:30 Pricing strategies for contractors.Β
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
The 3 Major Dangers of Growing Too Fast - Ep #199
π Unlock the secret recipe to contractor success!Β
Join the journey from chaos to clarity in building a thriving contracting business. πͺοΈΒ
Discover the pivotal moments that transformed the approach and learn how to avoid common pitfalls.
π·ββοΈ Starting with a strong work ethic but lacking structure?Β
Learn from the experience in finding the right people and setting up systematic processes. π§
π§ A game-changing strategy is building a team smarter than you.Β
Clear roles, responsibilities, and rules for teams are important to succeed.
Imagine the impact on your team's efficiency.
π€ Foster a positive team culture!Β
Systematize your hiring processes and critical business functions.Β
Leveraging technology and social media for a seamless talent acquisition process. π»π€
How could you adapt these strategies for your business? π»π€
Don't miss the podcast for a blueprint for your contracting success!Β
Chapters:
0:00 Contracting business growth and potential pitfalls
2:26 A contracting business success ladder with a recipe
6:56 Improvement through time management and team building
11:49 Profitability and cash flow management for contractors
16:09 Contractor success levels and their corresponding priorities
21:10 Systemizing a contracting business for growth and profit
24:36 Scaling a contracting business from startup to stability
29:37 Scaling a contracting business and increasing its value
33:05 Growing a contracting business through strategy and planning
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
How Todd went from JUST breaking even to $320,000 - Ep #198
π Dive into Todd's inspiring journey as he shares the transformation of his contracting business from chaos to control!Β
In this engaging discussion, we tell you how he opens up about the challenges he faced β long hours, wearing multiple hats, and struggling to find the right team members.
πΌ Despite the strong work ethic and principles, Todd realized the missing pieces: systems and structure.Β
His story resonates with many contractors who find themselves overwhelmed, constantly juggling tasks without a clear roadmap.Β
If you've ever felt the weight of wearing too many hats, you're not alone!
ποΈ Discover the four key strategies Todd implemented to turn his business around.
Chapters:
0:00 Systematizing hiring process with technology
1:21 Challenges in contracting businesses and implementing systems for success
5:17 Shifting mindset and improving business financials
8:56 Creating a successful business culture
12:37 Systematizing a contracting business for growth
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Mastering the Cash Flow Maze as a Contractor - Ep #197
π οΈ Struggling in the construction industry?Β
Join Mike as he shares his journey, battling against fierce competition and bidding chaos.Β
He opens up about the stress of being seen as just the "price check" in the industry and the challenges of getting his team on board with a new approach.
π° Mike dives into the harsh reality of cash flow issues, revealing the emotional toll it takes on family life.Β
He discusses the fear of losing his business and the sacrifices made to keep it afloat.
π§ Learn from Mike's transformation! Discover the strategies he employed to turn his business around, tackle cash flow woes, and achieve a 25% net profit.Β
π·ββοΈ Whether you're a contractor or business owner, gain valuable perspectives and real-talk insights on the No Bullsh*t Podcast For Contractors.Β
Chapters:
0:00 Cash flow and profitability challenges in an electrical contracting business
5:44 Entrepreneurship and family life
10:09 Business growth and cash flow management
14:37 Financial management in the construction industry
17:48 Pricing, cash flow, and accounts receivable management
22:39 Improving business operations and team morale
26:43 Managing a family-driven business with cash flow issues
29:08 Managing a construction business during financial difficulties
33:38 Overcoming business challenges as a Champion CEO
37:32 Personal growth and business success through POC program
40:41 Business growth and identity shifts
45:09 Overcoming challenges in contracting businesses
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Hiring for Long Term Success vs What You Need Right Now - Ep #196
π₯ We're back and we're tackling a critical topic today: "Hiring for Long-Term Success." π¨
Are you a contractor and a CEO, striving for ultimate financial rewards, freedom, and control of your business? π€
We know you've chosen this path to build something more significant, and building a high-performing team is one of the best ways to achieve your dreams.
In this episode, we kick things off by addressing the "value" of hiring.Β
Weβll get you into the right mindset and remind you that you're not just a laborer, technician, or project managerβyou're a CEO with a mission to make your business thrive. π
But it's not all smooth sailing.Β
We will touch on overcoming these hurdles and set your business on the path to success.
You'll learn tactics and strategies to hire for long-term growth and minimize the struggles of finding, attracting, and retaining the right team members.
Don't settle for just being a good contractorβaim to become a Champion CEO with a winning team!
Tune in now for valuable insights and actionable tips to transform your contracting business! ποΈπ·ββοΈπΌ
Chapters:
0:00 Hiring for long-term success in business.Β
4:35 Building a successful contracting business with a team
9:24 Building a successful contracting business with an organizational chart
13:44 Identifying and filling roles for business success
18:37 Attracting and retaining talent for small businesses
21:41 The importance of knowing your competition
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Running The Biz With Your Significant Other: What No One Tells You - Ep #195
π₯ Ready to find the perfect work-life balance as a couple?Β
Join Andrew and Jennifer on the No Bullshit Podcast For Contractors, where they openly share their journey and provide valuable insights. π
In this episode, PFCβs power couple delves into the critical need for work-life equilibrium.
This especially when running a business as a pair.Β
Andrew and Jennifer have been through the grind and are here to help you navigate the challenges of maintaining both your personal and professional life.
π‘ Discover how they identified the signs of burnout - from physical symptoms like stress headaches and rashes to emotional tension and mood swings.Β
You'll relate to their experiences and gain a better understanding of what it takes to prevent burnout.
π£οΈ Communication is key.Β
Andrew and Jennifer emphasize the importance of open and honest conversations.Β
Don't miss this enlightening conversation, where they discuss not only the challenges they faced but also how they overcame them.Β
If you're looking to strike a balance between work and life, this podcast episode is a must-listen! πποΈ
Chapters:
0:00 Managing finances for husband-wife teams in contracting businesses
1:47 Work-life balance and communication challenges
7:20 Identifying and addressing work-life balance issues in a relationship
12:25 Setting limits and boundaries in communication
17:06 Self-care and guilt among women
21:25 Defining roles and expectations in a business partnership
26:30 Financial management and budgeting in a business partnership
29:31 Defining personal and business goals
33:27 Work-life balance, communication, and vision for business owners
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Game-Changer Strategy To Find Leaks in Your Profit Bucket - Ep #194
π‘ Ever wonder if you're quoting your jobs profitably?Β
Back Costing provides the answers. It reveals insights into your work process, from start to finish. ποΈ
π° By analyzing your past jobs, you'll see where you're making or losing money.Β
It helps you spot leaks in your profit bucket and identifies areas to optimize. π
π Use a proven template for job costing and ensure detailed quoting.Β
Back Costing enables you to understand what really happened, not just guess. π€
πΌ It's a crucial tool for managing your business efficiently and increasing profits.Β
Join Andrew every Wednesday for more insights on the No Bullshit Podcast for Contractors. ποΈ
π₯ Don't miss the opportunity to elevate your contracting game and boost your profits.Β
Subscribe now and take your business to the next level! πΌππ°
Chapters:
0:00 Coming up section
2:17 Back costing for contractors to maximize profits
4:34 Cost estimation for contractors with examples
7:32 Quoting jobs profitably and tracking actual costs
9:16 Costing and pricing for contractors
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Act Like The CEO You Want To Become!: Stepping Out The Survival Mode - Ep #193
ποΈToday, youβll get the insights you need to break free from being stuck in the daily grind. π οΈ
π In a world filled with challenges, from COVID to material shortages and labor woes, it's easy to get bogged down. But today, we're talking about how to get UNSTUCK! π
π Stuck might look different for each of you, but one common sign is not making the progress you crave. If you're living in a perpetual Groundhog Day, it's time for change. π‘
ποΈ We've got three essential profit pillars holding up our contracting businesses, and they're not just business foundations; they're stepping stones to becoming champions and achieving the freedom, control, and wealth you desire. π
π So, let's dive into getting unstuck!Β
β First, take time to think like a champion CEO. As Keith Cunningham wisely says, "Thinking time" is crucial. π€
π Visualize your goals. What do you want to achieve in your business and personal life? Whether it's a month, six months, or a year ahead, set clear, achievable visions. π
π₯ Consider both personal and business goals. Remember, your business should support the lifestyle you desire. π‘
π Invest wisely in your business. Think about the resources and tools needed for growth.Β
Be PROACTIVE. π
π Focus on growth, but NOT JUST ANY GROWTH β focus on increasing your profits and leveraging them to fuel your freedom. It's not just about sales numbers; it's about working smarter. π°
π Remember, growth doesn't happen overnight, but these SMALL CHANGES can have a MASSIVE IMPACT on your contracting business. π₯
π₯Don't miss a beat!Β
Tune in every week to our No BS podcast episodes for expert insights on overcoming roadblocks and taking your business to the next level.
We're here to help you become a true champion CEO! ππ
Chapters:
0:00 Becoming a champion CEO through focused thinking
5:53 Setting clear goals and investing in business
10:56 Time management and delegation for business success
14:27 Investing in business growth for contractors
18:14 Growing a contracting business with a focus on ROI
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Managing the Ups and Downs of Seasonal Demand - Ep #192
ποΈ We are back with another No BS Podcast For Contractors!Β
In this episode, we tackle the ups and downs of seasonal swings in the contracting business. π’
π·ββοΈ We dive deep into the roller coaster ride that contractors often face throughout the year, caused by seasonal shifts and challenges.Β
Whether you're a small crew or a large contracting firm, these insights apply to you, no matter your location or trade.
πΌLet's break it down into a simple cycle: Marketing β‘οΈ Sales β‘οΈ Projects β‘οΈ Profits β‘οΈ Cash Flow.
Imagine your business as a water pipe β if any part of it gets blocked, you're in trouble!
π It's important to understand this cycle and the trends in your business.Β
By taking control of each element, you can make your business more stable, profitable, and prepared for whatever comes your way. π
π So, contractors, if you want to smooth out the ride and get off the roller coaster, give this podcast a listen.Β
It's a 41-minute journey that might just change the way you look at your business. π’ππΌ
Chapters:
0:00 Managing seasonal fluctuations in a contracting business. (0:00)
3:15 Business cycles and managing cash flow
8:10 Understanding business cycles and seasonal swings
13:14 Seasonal trends in contracting businesses.Β
17:24 Marketing strategies for contractors
20:27 Optimizing profits and cash flow during peak season
25:52 Building an A-grade contracting company during challenging times
31:11 Optimizing business strategies for peak performance
36:32 Seasonality and financial planning for contractors
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
How to Categorize Your Time + What to Do with The Categories - Ep #191
Struggling with time management in your contracting business? π«Β
Get ready for a game-changing strategy! π₯
In today's No BS Podcast, we break down the key principles to take control of your calendar and maximize your cash flow, profits, and business progress. ποΈπ°
π Step 1: Get your Time Audit tool here: https://calendar.profitforcontractors.org/the-contractors-time-audit
π Step 2: Identify Tasks
First, create a list of all the tasks you're currently doing. Keep it simple and concise.
π Step 3: Rate Skill Set and Value
Next, rate each task for its skill set and value β low (L), medium (M), or high (H).Β
This will help you categorize them effectively.
π― Step 4: Prioritize and Delegate
Focus on tasks that are low skill set and low value β these are your top priorities for delegation.Β
Don't be afraid to let go of tasks that don't move the needle! π«
π Step 5: High-Value, Low-Skill Set
Identify tasks that are low skill set but high value.Β
These are opportunities for optimization and delegation.
π Remember, the key is to reclaim your time for higher-value tasks that drive profits and progress.Β
Chapters:
0:00 Time management for contractors to increase profits
3:14 A focus on the "time audit" tool
9:10 Assessing time management for contractors
14:28 Identifying and delegating tasks to increase profits
17:16 Increasing productivity and profitability
23:19 Delegating tasks with low skill set and high value
28:19 Identifying areas of improvement
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Unexpected Red Flags That You Don't Truly Know Your Numbers - Ep #190
Get ready for an eye-opening conversation with Ryan, a fellow contractor who has taken his business to new heights! π
Ryan conquered the challenges that many contractors face and achieved impressive improvements in his profits and cash flow. π
Ryan candidly shares how he used to feel like two different people - one who put on a brave face while interacting with friends and family.
Discover the sense of freedom that comes with gaining a clear understanding of your numbers and making informed decisions.Β
Ryan's experience serves as a powerful testament to how this newfound knowledge transformed not only his business but also his family life.
The anxiety and stress that used to plague him have made way for a renewed sense of enthusiasm and control over his business. π₯
Come and join in the conversation now!
Β
Chapters:
0:00 Financial management and growth for a contracting business
7:54 Financial struggles in a construction business
11:21 Business growth and financial management
16:10 The importance of attending a workshop for business profitability
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
From a Toxic Team & Environment to Profits & Stability - Ep #189
ποΈ Join us in this insightful conversation with guest Theo Graham of Songwood Contracting.
π One of the key highlights of this conversation is the discussion on defining and nurturing company values.
Theo opened up that he had to confront the need for a stronger company culture.Β
π The conversation also delves into the mindset shift that is essential when your company grows beyond your individual efforts.Β
Andrew candidly shares his own journey of evolving from a one-man show to the CEO of a thriving business. πͺ
π He talks about the lessons learned, the challenges faced, and the strategies he employed to ensure his team stayed aligned with the company's mission and vision.
Don't miss out on this eye-opening conversation.
Tune in now and get inspired. πΒ
Chapters:
0:00 Staying or freaking get off it
2:45 The challenges of building a successful team
6:53 The struggle to communicate with the team
12:45 Why does it have to happen to you yet?Β
15:43 The importance of writing a culture statement
19:37 This is not just your company
24:47 Work hard, play hard
28:51 Allow yourself to be vulnerable
33:32 Core principles for retaining your team.Β
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
How to Get Through Difficult Times as a Contractor - Ep #188
Welcome to another episode of No BS Podcast For Contractors!Β
ποΈ Today, we've got Sam Trimmer, the owner of SET Power Systems Incorporated, and Ally, one of our mindset coaches here at PFC.Β
We're diving deep into how to navigate through difficult times in your contracting business and personal life. π
Sam shares his recent challenges, including slow times that led to layoffs and the struggle to balance work and family life. πΌπ¨βπ©βπ§βπ¦
Ally emphasizes the importance of understanding the "wheel of life," where we all experience ups and downs. π‘Β
These tough moments are where we grow and find opportunities for improvement.
Sam's journey as a new business owner serves as a powerful example.
He didn't give in to the struggle but leaned into coaching, marketing, and system improvements to move forward. π
We'll be covering the mindset needed to overcome challenges and sharing practical tactics you can apply today.Β
Stay tuned for valuable insights on how to conquer difficult times! πͺ
Chapters:
0:00 Stress is part of the process
1:06 How to get through difficult times
6:38 The struggle is actually the struggle
12:09 Dealing with the mental side of the business
17:20 What is the definition of a pattern?Β
25:53 What goes through my mind?Β
27:55 Dealing with challenges right now
30:58 The power of reflecting on your success
35:38 The power of reflect to protect
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
The Secret Formulas You Can Use to Win the Most Profitable Clients Before Your Competition - Ep #187
ποΈ Are you ready to take your contracting business to the next level?Β
Look no further! ποΈΒ
In this episode, we dive into three key strategies that contractors need to focus on to land more clients and grow their contracting business successfully. πΌ
We emphasize the importance of selecting one area to improve and develop for maximum impact.Β
By asking clients how they found your company, you can identify the source that generates clients and work on optimizing it further. π
Throughout the episode, we share insights and tips gathered from conversations with hundreds of contractors across North America.Β
We highlight the significance of these strategies specifically tailored for contractors in different industries.
Get your pen and paper ready as we take a deep dive into each strategy.
If you're an avid listener of our podcast, we value your feedback and want to know which areas you need help with.Β
Whether it's time management, team building, profit and cash flow, or marketing and sales...Comment below. πͺβ¨
Chapters:
0:00 How to systemize a quote
8:42 Pricing your jobs profitably
15:00 How difficult is it to write an accurate quote?
20:46 Getting stuck in pricing jobs
23:27 Contractors installing skylights
27:17 One of the greatest fears that people have
32:21 The importance of having a guarantee
38:12 PFC is ready to help
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Best Practices to Protect Your Cashflow From Cash Eater Jobs - Ep #186
πΈ Hey there, rockstars!
It's time for the latest episode of the No BS Podcast For Contractors!
Today's topic hits close to home for contractors all around the world: cash flow challenges. π
It's a bit of a downer that cash flow can be a big obstacle, but don't worryβwe'll share some great insights and tips. π
Imagine boosting your cash flow and watching your bank account grow.
We're breaking down the three cashflow villains: overhead costs, underpricing, and unpaid invoices. π¦ΈββοΈπ¦ΈββοΈ
These troublemakers can really mess up your financial well-being.
Got some big jobs piling up? π
We'll reveal the secret to avoiding the cash gap crunch and staying ahead. ποΈ
And no more falling into the "I know" trap!Β
Keep an open mind, take in the info, and rake in those dollars.
Don't let your invoicing slip anymore! π§ΎΒ
Be the first to get paid and steer clear of the scramble for collections.
So there you have it!
Keep rocking, keep making those profits, and catch you on the other side! βοΈπΈ
Chapters:
0:00 Cash flow is such a painful thing
4:56 The importance of cash flow
9:09 The cash flow gap
14:25 The payment cycle of money going out vs. money going in
19:34 Understanding the value of a good contractor
24:06 Looking at accounts receivable on a weekly basis
Connect with us:
πGet the Hiring Audit here:https://calendar.profitforcontractors.org/hiring-audit
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Encourage Team Accountability to Land More Profitable Jobs - Ep #185
π Hey there, rockstars!
ποΈ Get ready for an epic journey as we uncover the strategies that empower contractors to reclaim their time, boost control, and skyrocket profits β all while enjoying the sweet taste of freedom.Β
No shallow waters here; we're diving deep to arm you with these amazing strategies. ποΈ
In this episode, we're laser-focused on a game-changing theme: the magic of team accountability. π
Ever wondered how to effortlessly steer your projects toward bigger gains?
It all kicks off with empowering your crew to embrace accountability like never before. πΌ
And guess what?
That's just the tip of the iceberg!
π₯ Whether you're tuning in from your rig, your HQ, or a cozy beachfront β the mission remains unchanged. π΄
Picture the impact of these tactics in just days β watch the transformation unfold before your eyes! π
Prepare to master accountability, level up your communication, and rocket your contracting biz to new heights. π
π Accountability, a term we toss, but what's the deal? π€
π‘ Time to rate your accountability hustle from 1 to 10.Β
Are you truly at the helm, sparking innovation, and nailing undeniable results?
Or is there room to up your game, shift from frustration to progress's sweet rush? π
π Delve deep into your projects β from estimates to completion.Β
Ever faced communication glitches causing surprise hurdles and wasted hours? π
β° Let's groove to the right beat! Begin by spotting projects needing your TLC β those notorious red zones screaming for a turnaround. π¨Β
With clarity, trust your gut or get input from your team to pick your starting point.
Chapters:
0:00 Right level of communication
2:08 Holding your team accountable
4:17 The right level of accountability
6:46 Job quoting directly correlates to communication
9:18 Getting jobs in the right direction
12:08 Creating a rhythm of accountability
14:56 The importance of micromanagement
17:03 Communication and accountability to the next level
19:10 Leveraging a system for safety inspection
Connect with us:
πGet the Hiring Audit here:https://calendar.profitforcontractors.org/hiring-audit
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Time Management Hacks That Will 10X Your Hourly Rate in Just 2 Weeks - Ep #184
Hey there, fellow contractor!
π₯ This episode is like a tailor-made toolkit just for you.
If you're sick of being caught in the whirlwind of chaos and want to take control of your precious time, listen up!
Let's dive into the story of Cam, a true warrior in the contracting realm.
He went from enduring those grueling weekends to crafting a path that not only gave him personal time but also a major boost of a million dollars! πͺποΈ
π₯ Hold onto your hard hats, because we're about to unleash a treasure chest of time management secrets and groundbreaking tactics.
Whether you're laying shingles, wiring circuits, fixing pipes, or renovating spaces, our insights are your roadmap out of the mess and into a streamlined future.
Discover the game-changing potential of short-term goals that can revolutionize your work-life balance β³
Embark on eye-opening quick time studies that reveal where your hours truly go, so you can make smarter decisions β
Master the DESK technique: Delegate, Eliminate, Systemize, and Keepβunlocking your hidden productivity powers πβ
Learn the art of valuing your time and prioritizing high-impact tasks for maximum results π
Dive into real-life stories and practical strategies that propelled Cam and fellow contractors to new heights π
Don't let sneaky time-wasting tactics drain your potential!
Our solutions are here to free up your hours and supercharge your business success. π
Get ready to rise above the rest!
Chapters:
0:00 How to get more value out of your time?Β
3:28 Getting out of the cycle of chaos
5:42 How to evaluate the value of your time
9:48 The importance of time management
12:23 The importance of delegating time
14:47 How to set short-term targets
17:13 Start with short-term goals
19:03 How to start auditing your time
21:38 Eliminate systemize or keep time
Connect with us:
πGet the Hiring Audit here:https://calendar.profitforcontractors.org/hiring-audit
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
From 100-Hour Workweeks to Freedom - Ep #183
ποΈHey, rockstars!Β
We sit down with the amazing Adam Clarke of A Clarke Construction, who's achieved incredible growth and freedom since he joined Profit for Contractors. .
π Looking back at 19 years of owning a contracting business, Adam reflects on his journey and the struggles he faced. Like many, he believed that working nonstop and sacrificing family time was just the norm for contractors.
Now, with a 19-year-old son who witnesses the past hardships, Adam is proud to have turned things around.
πͺ Back in the day, Adam's company experienced ups and downs in sales and profits, making it difficult to make ends meet.Β
He realized he needed to delegate tasks to experts and create a strong team.
πΌ At that time, Adam's team consisted of just four people, including his wife, Rosie, who handles the office work.Β
But he knew it was crucial to focus on their strengths and bring in the right people for each role.
π Joining Profit For Contractors was a turning point for Adam.Β
He started implementing the strategies he learned and saw incremental progress immediately.Β
While the journey was challenging, the results were worth it.π€Β
π§ So, grab a seat, and join us for this inspiring conversation with Adam Clarke as he shares his story of growth, transformation, and finding balance as a contractor.
Hit that play button now! π§π
Chapters:
0:00 A look back at 19 years of hard work and struggles
1:06 Adamβs early challenges
8:32 What is the reality of the business?
11:39 Being a Champion CEO
16:29 Systems that work for you and your team
22:26 Biggest impact on profitability and cash flow
29:06 Hiring and retaining top talent
33:25 Creating an environment for talent to bring in
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Conquering the weather, delays, and bad subs is HOW you RESPOND! - Ep #182
ποΈ TO ALL CONTRACTORS!Β
Let's get real and talk about the three biggest things impacting your profitability, performance, and progress on your jobs right now! ππ°Β
In today's episode, we're here to give you actionable tips and insights you can apply right away.Β
So let's dive in!
1οΈβ£ Delay in Material:Β
π© We've all dealt with it, and it's a major bummer.Β
Delays lead to a negative domino effect on progress and profits.Β
To tackle this, stay in regular communication with suppliers and track material orders.
Consider working with reliable suppliers who can protect you in case of delays.
2οΈβ£ Weather Conditions: π§οΈπͺοΈΒ
Monitor forecasts regularly and plan your activities accordingly.Β
Flexible scheduling with a mix of indoor and outdoor work can help you adjust to changing weather conditions proactively.
3οΈβ£ Subcontractors: π·πΒ
They can be a great asset, but you need a solid contract with specific deadlines and consequences.Β
Regular communication and rating your subcontractors based on communication, skill, and quality are crucial.Β
Remember, effective project management practices, proper communication, and monitoring are essential to tackle these challenges and ensure success.Β
Take action on the one that resonates with you the most and see the difference! πͺπ
Chapters:
0:00 Three things that impact the success in the job site
1:54 The negative domino effect of delays in material, weather, subcontractors
4:45 Getting accurate delivery times from your suppliers
7:12 The importance of weather forecasts and forecasting
9:39 What is a subcontractor?
11:44 Have a good contract in place
13:19 Effective project management practicesΒ
14:45 Pick one of these three things and apply the ICE
Connect with us:
π Join Our FB Group (19200+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Time to Get Pricing & Services From Your Suppliers - Ep #181
π₯πΈποΈ HEY ROCKSTARS!
Get ready for another episode of the No Bullshit Podcast For Contractors! ποΈπΌ
In this episode, we're diving deep into the world of suppliers, uncovering the secrets to getting the most out of them and securing the best pricing for your projects. π€πͺ
Summer is here, and with business booming, it's the perfect time to sit down with your suppliers and negotiate like a pro. πΌπ
Spending a little time now can pay off big time throughout the year, giving you an edge in the industry.
It's quick, it's easy, and it's essential for every contractor looking to level up their game. ππ§
Discover the hidden benefits your suppliers offer, from convenient delivery options that cater to projects of any scale ππ’ to maintaining stock for the specialized materials you use. π¦
π οΈ Don't let your cash sit on the shelves!
Leverage your suppliers to maximize their services and minimize your efforts. π°πΌ
But that's not all! We will also guide you through accessing valuable technical support to enhance your projects and elevate your team's expertise. π€π‘
With direct contact with manufacturers and in-house specialists, you'll never be left in the dark again. π§°π
And let's not forget the main event: PRICING!πΈ
We will share proven strategies for negotiating the best deals with your suppliers. π€πΌ
Learn how to build a compelling business case that showcases your growth potential, leveraging your past, present, and future projects to demonstrate your value. πΌπ
So, contractors, it's time to take control of your business and secure the profits and freedom you deserve. ππ₯
Listen up!π§β¨
Remember, knowledge is power, and this is your opportunity to change your business for the better.
Chapters:
0:00 How to get the most out of your suppliers
2:12 Understanding what drives a supplier to make money
4:09 Benefits of working with a contractor manufacturer
5:42 Leverage the supplier to make sure they are using up their cash
7:52 How to get the best pricing from your suppliers
9:44 Building up a business case for your supplier
12:16 When was the last time you didn't negotiate your pricing?
13:55 Pricing strategies to get the most profit
Connect with us:
π Join Our FB Group (19000+members)
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Stop Questioning Yourself as the Contractor CEO! - Ep #180
Are you ready to kickstart your journey towards success in the contracting business?
We've got an electrifying episode of the No Bullshit Podcast for Contractors lined up just for you! π§πͺ
In this power-packed episode, we dive deep into the importance of dreams and how they can ignite the fire within you, propelling you towards unparalleled success! No more settling for mediocrity β it's time to embrace the extraordinary! π₯β¨
We shed light on the significance of mapping out your dreams and transforming them into actionable plans.Β
It's time to stop dreaming and start doing! Get ready to unleash your potential! πβ¨
We'll prove that anyone, including YOU, has the power to thrive in this industry. Believe in yourself and soar high! πΌπ
ποΈ Discover the secrets to skyrocketing your profits and reclaiming your freedom by systemizing your contracting business.
It's time to work smarter, not harder, and achieve the financial success you've always dreamt of!Β
ποΈ So, this episode is dedicated to all the struggling contractors out there, on the verge of giving up.Β
We want you to know that we've got your back!Β
Together, we'll conquer the obstacles and turn your struggles into triumphs. You're not alone! πͺβ€οΈ
Being an owner of a contracting business can be daunting, and self-doubt often creeps in. But fear not!Β
Remember, challenges are an inevitable part of the journey, but they are also stepping stones to growth.Β
Let's rocket towards success! ππ±
ποΈ Dreams are the heart and soul of your journey.
We'll help you reconnect with your dreams and find your true purpose in the contracting world. ππΌ
Chapters:
0:00 What are the effects of taking dreams and putting them into a plan?
1:43 Life is meant to give us challenges to grow and learn
3:21 Planning mastery is not necessarily the plan, itβs the dreams.Β
5:46 The three things that cause us to squash our dreams.Β
7:59 When we downplay our dreams, it doesnβt make them real
10:04 Be honest with yourself about your dreams
11:40 Every single human on this planet deserves to have dreams
13:19 What to do when youβre having dreams
15:49 When you start running towards your dreams
Connect with us:
π Join Our FB Group (19000+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
The ONE THING to Turning Projects Into Profits or Poverty - Ep #179
Welcome to the No Bullshit Podcast for Contractors, where we share essential tips and strategies to help you maximize profitability and efficiency in your projects. ποΈπΌ
In this episode, Our CEO and Founder Andrew Houston emphasizes the importance of clear and proactive communication in running successful jobs. π¬π
He highlights how optimizing communication can save you time, money, and valuable team members, ensuring a profitable outcome for your projects. πͺπ°
Andrew begins by urging listeners to prioritize clear and proactive communication from the very start, starting with the quoting process. πβοΈ
He stresses the need for detailed quotes that break down different phases and allocates time and resources effectively. πβ°
By doing so, you set the right expectations for your team and clients, avoiding costly mistakes and misunderstandings down the line. π§π€
Next, Andrew advises assigning a key person to own each project. ποΈπ¨βπΌ
While they may not perform all the tasks, this individual takes responsibility for ensuring the project stays on track and making necessary decisions. πβ
Having a dedicated project owner streamlines communication and keeps everyone aligned. π€π
To maintain effective communication, Andrew introduces two powerful toolsβthe Monday Morning Money Making Meeting and the Friday Reflection Meeting. The Monday meeting sets the tone for the week, clarifying goals and expectations for each project. πΌπ It fosters synergy between you, the project owner, and your team.Β
The Friday meeting allows for reflection and evaluation of progress, providing valuable insights for future improvements. π€π
Andrew acknowledges that implementing these steps may seem overwhelming, but he encourages listeners to start with one project, audit it, assign an owner, and establish a regular communication rhythm. π£π§
He emphasizes the power of simplicity and gradual progress, urging contractors to take action and apply these strategies to achieve profitability and success. ποΈπ°
Remember, effective communication is the key to maximizing profits, gaining client trust, and retaining valuable team members.Β
Start implementing these steps today and watch your projects soar to new heights.Β
Don't forget to subscribe to the No Bullshit Podcast for Contractors and take your contracting business to the next level. Hit that notification bell so you donβt miss future episodes of this podcast!
Dominate, delegate, deliverβsee you on the flip side! π§ππ
Chapters:
0:00 Why you need to systemize your quoting process
1:55 Why do we want to optimize our job sites and be efficient?
4:30 Have a clear, proactive communication rhythm
5:52 The first place to start is with your quote.Β
7:43 Boundaries in communication
9:45 What do you do now that youβve reflected on the quote?
11:58 The Monday morning meeting is the key to your business
13:33 The 3 things you need to do to become more profitable
Connect with us:
π Join Our FB Group (19000+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Stop Wasting Your Time Chasing Your Guys! - Ep #178
π¨ Tired of playing catch-up with your team? Say goodbye to wasted time and hello to game-changing solutions in the No BS Podcast For Contractors!Β
We're bringing the contractor community together to share invaluable insights and tips that will put an end to constant error fixing and babysitting. π οΈ
π₯ If you've had enough of chasing your guys for quality work, this episode is your ultimate guide. We're keeping it concise, but trust us, the impact will be massive. Get ready to wave goodbye to micromanagement and embrace a whole new approach to leading your team. πͺ
π It's time to break free from the cycle of rework and reclaim control over your business. Discover how to swiftly catch mistakes and ensure they're resolved independently of your involvement. Empower your team with an unstoppable system that thrives even in your absence. ππΌ
π Get ready to dive into three vital factors you need to consider. First and foremost, document your processes and establish crystal-clear policies. It's time to free your mind from clutter and hand over the reins to your team. Remember, they're not mind- readers! π§ βοΈ
β° Next up, regular monitoring and evaluation. But before that, let's systemize your routine tasks and humanize exceptional situations. We'll guide you on implementing accountability and maintaining high standards. Keep a watchful eye on progress and maintain a thriving environment. ππ
π’ Don't fret if you're new to creating systems. Start small by tackling the trouble spots causing the most headaches. Whether it's keeping trucks clean or stocking supplies, building step-by-step processes that are easy to follow is the secret to success. π§Ήππ
π‘ Whether you take charge of writing the systems or involve your team in the process, our goal remains the same: a business that runs smoothly without constant supervision. Remember, systems times people equals results! πβ
π So, buckle up and join us for this eye-opening podcast as we empower you to break free from the never-ending cycle of fixing mistakes. Reclaim control, freedom, and wealth in your contracting business. Get ready to transform your team and revolutionize your path to success! πͺπΌπ
Chapters:
0:00 Getting insights you need to systemize your business
3:58 Out of your head and into the hands of your team
6:06 What's regular monitoring and having a process in place?
8:28 Having systems in place if you want to have results
12:21 Who owns the system?
14:05 What to do if a system gets used multiple times?
16:20 How to get your team involved in the process?
18:29 The purpose of Key Performance Indicators
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
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π Spotify:
https://anchor.fm/profitforcontractors
Stop Short Changing Yourself! - Ep #177
πΌ Pay close attention because we're diving into some valuable insights today.
In this episode, we'll address two crucial challenges many contractors face: effectively selling your jobs beyond just the price, and ensuring your jobs are priced profitably. π° These topics go hand in hand, and we're here to provide you with tips, tricks, and actionable steps to solve these problems.
If you've been struggling with selling your jobs and making sure your true value is recognized, then you definitely don't want to miss this podcast. It's time to step up your game and master the art of showcasing your worth. π
We'll also emphasize the importance of pricing your jobs profitably. It's not enough to simply quote a price; you need to ensure you're maximizing your profitability. πΒ
If you haven't been getting any quotes in the last week or two, this episode is a must-listen! We'll help you boost your profitability and take your quoting process to the next level. π
We want to emphasize the critical importance of pricing your jobs profitably. β οΈ
Here's a question for you: Can you confidently say that the last four or five jobs you priced were profitable? π If you're uncertain or find yourself guessing, it's time to hit the pause button and listen closely. You deserve to know the answer.
Β Your team, your family, and even your clients are worth it. βΈοΈ
Think about it, especially with things picking up and getting busier this time of the year. There's always more to learn. ποΈ
Similarly, pricing your jobs profitably isn't a guessing game. If you're questioning your pricing, don't be too hard on yourself. It simply means you haven't been exposed to the right techniques and strategies.Β
Just like I learned valuable insights about riding motorcycles after decades of experience, you too can acquire the knowledge and skills to price your jobs effectively. π
We're here to guide you through it. There's math, a process, and principles involved, and we've got your back.
Tune in to this episode to learn how you can make every single job you price profitable by following a proven system. πͺπΌ
So grab your headphones, get ready to take notes, and let's dive into this game-changing discussion on pricing your jobs profitably.Β
Your success is waiting! π§π
Chapters:
0:00 How do you know when to bring things up with your contractors?
2:24 Why you need to price your jobs profitably
5:00 Advanced training changing the approach to pricing
7:49 Take it easy if you're not pricing jobs properly
12:37 How do you make sure that you're pricing your jobs profitably
14:32 Common frustrations that people have with skylights
17:27 Having a conversation with a prospect to see if there's a fit
22:27 What are some of the concerns and frustrations you have?
24:34 Identifying frustrations, fears, wants and aspirations of your prospects
27:06 How to show your way
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
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π Spotify:
https://anchor.fm/profitforcontractors
Stop Losing Profits on Projects...Trust Me You Got This! - Ep #176
It's that time of the year when things are getting busier, and the house is about to rock!
Joining PFC and CEO Andrew Houston is Barbara Kantz, a rockstar coach who has achieved great success in various areas. Her genius lies in the concept of slowing down to speed up and the importance of meticulous planning for success. They focus on the significance of pre-planning, almost like laying the groundwork before the job starts.
But who should be tuning in? Are you the right audience? π€ Well, ask yourself if this resonates with you. Are you eager to enhance your productivity and achieve better results? If so, this episode is tailor-made for you!Β
They share insights and language commonly heard from champion CEOs, highlighting the pain points and struggles that many contractors face.
Time management is a major aspect that contractors grapple with. Trying to juggle a million tasks in a single day without a proper handle on time can lead to inefficiencies, extra costs, and delayed progress.Β
Many contractors express the challenge of not having enough time to pre-plan due to the urgency of moving on to the next job. However, this conundrum can be addressed.
So, if you find yourself constantly caught up in the chaos, driving in your truck, thinking pre-planning is unnecessary, think again! Slowing down and taking the time to plan can be a game-changer.
By envisioning the next day, understanding the tasks and their durations, you create a blueprint for success. It's like executing a well-crafted plan, providing clarity not just for you but also for your team.
Imagine waking up in the middle of the night, rushing to the bathroom, only to realize you're overwhelmed with thoughts about materials for the job or whether your team has everything they need for tomorrow.
Β It's a never-ending cycle that keeps repeating. It's time to break free from this cycle!
Clients often express the desire to rush through current jobs and move on to the next one without knowing the exact timeline or having a clear plan. But taking a step back and investing time in pre-planning is the key to breaking free from the knee-deep chaos.
If you're tired of the uncertainties, the sleepless nights, and the constant rush, it's time to listen up!Β
π₯π Take action now! Hit that play button and join the hosts and their expert guest on this no-nonsense journey.Β
Subscribe to the No BS Podcast For Contractors and be part of the contractor revolution! ππͺ
Chapters:
0:00 Not putting out the fire, end of that job
2:51 How long does a job take you to do?
6:59 What do you mean by "fly by the seat of your pants?"
13:13 How to find your "hole"
17:50 Where should you start with your Gantt Chart?
24:12 Always on the big picture so you can make adjustments
29:32 What's the compound effect and why does it matter?
36:51 How the Gantt Chart helps the team grow and improve
41:09 Enabling your team to be successful and solve problems themselves
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
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π Spotify:
https://anchor.fm/profitforcontractors
Stop Wasting Time on Things below Your Pay Grade as a CEO - Ep #175
Do you wish you could take control of your time and boost your productivity to new heights? π We know the struggle is real, and we're here to equip you with the mindset and tactics you need to conquer time and unleash your true potential. Join us as we sit down with Coach Alison Grimley, a seasoned expert who has guided countless Champion CEOs and contractors on their journey to time mastery. ποΈ This isn't your typical run-of-the-mill podcast; we're breaking down barriers and engaging in a real conversation, free of boring dictatorships. Discover the common reasons why 95% of contractors struggle with time and gain valuable insights from Ali's extensive experience in the field. π€ Together, we'll tackle the powerful stories we tell ourselves, the myth of doing it all alone, and the art of stepping back to gain clarity amidst chaos. But wait, there's more! Our charismatic PFC CEO and Founder Andrew Houston adds his unique perspective, reminding us that time challenges are not isolated incidents. β He explores how different life phases, both personal and professional, can affect our relationship with time. Get ready for an eye-opening revelation that will make you realize you're not alone in this struggle. And here's the kicker: mindset matters! π‘ We're not just throwing tactics at you; we're emphasizing that 80% of the time management game is in your mindset. Prepare to witness a mind-shift that will set you on the path to time management mastery and unlock your true potential. So, if you're ready to break free from the chains of time constraints, buckle up and hit that play button! Join us on this thrilling journey as we uncover the secrets to effective time management, blending strategies, and mindset in perfect harmony. Your future self will thank you for investing in this life-changing episode! Don't let time slip away. β³ It's time to take charge, make the most of every moment, and skyrocket your productivity to new heights. Get ready for a mind-blowing episode that will leave you inspired, motivated, and ready to conquer the world, one perfectly managed minute at a time. Subscribe now and join the ranks of those who have mastered time! π₯π Chapters: 0:00 Getting insights to systemize your business 2:47 Why do so many contractors struggle with time? 8:21 Meet yourself with curiosity and not judgment 13:31 Having a heightened awareness 17:26 What is your time worth? 22:48 When you donβt have a plan, itβs like driving to a destination 27:34 The importance of having a plan 31:33 One thing is going to lead to the other Connect with us: π Join Our FB Group (17500+members) https://www.facebook.com/groups/498934880541178/ π Follow Us On Instagram ββ https://www.instagram.com/profitforcontractors/ π Message us on FB https://www.facebook.com/profitforcontractors
Full episode available to listen to on: π Apple Podcast https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346 π Spotify: https://anchor.fm/profitforcontractors
The CEO's Mind: From Gut Instinct To Factual Data - Ep #174
ποΈ Are you ready to make game-changing decisions for your contracting business and skyrocket your success? Join us on the No Bullshit Podcast, where we cut through the fluff and deliver real, actionable advice that will transform the way you approach your entrepreneurial journey. In this episode, PFC Founder and CEO Andrew Houston dive deep into the art of decision-making and overcoming overwhelm. He'll help you navigate the turbulent waters of entrepreneurship and show you how to make the right choices, even when the pressure is on. His rockstar guest, PFC's very own Roxana Eiling, shares invaluable insights on how to lead with data-driven decisions rather than letting emotions cloud your judgment. Discover the power of pausing, asking smart questions, and removing the emotional roadblocks that hinder your progress. But that's not all! They unveil the three core pillars that drive business success: β° time and team, π° profit and cash flow, and π marketing and sales. Choose your focus and set a clear direction for your business growth. Whether you need to streamline your operations, boost profits, or master your marketing game, we've got you covered. Throughout this electrifying episode, they will guide you through a micro-planning micro-planning session that will leave you armed with practical strategies you can implement right away. You'll learn to assess what you currently have in place, identify the missing pieces, and leverage your existing resources to achieve remarkable results. We know that running a business is no walk in the park. That's why we here at PFC don't claim to have all the answers. Instead, we're on a journey of continuous evolution, just like you. We're here to support you, share our experiences, and equip you with the tools you need to take your business to the next level. If you're tired of vague advice and empty promises, it's time to embrace the No Bullshit Podcast. Grab a pen and paper, buckle up, and get ready for an engaging, no-nonsense conversation that will revolutionize your contracting game. Don't let overwhelm and uncertainty hold you back. It's time to unleash your business potential. Hit that play button now and let's embark on this exciting journey together. Remember, success starts with the right decisions. Subscribe to our channel and turn on notifications to stay updated on the latest episodes packed with raw, practical insights. Together, we'll conquer the challenges, shatter the status quo, and build a contracting business that thrives. See you on the other side! π₯π Chapters: 0:00 You can never be the expert in everything 1:56 Donβt let your emotions get in the way of making good decisions 6:59 What is it youβre trying to accomplish in your business? 11:53 You canβt start without knowing where the start line is 16:17 Donβt know what you've in place, how would you know whatβs missing? 23:32 The βwillingness does not equal experience" 30:46 Some of the emotions that youβll experience going through this process 37:15 Donβt let your emotions get into what youβre trying to do 43:52 The importance of having a plan for success Connect with us: π Join Our FB Group (17500+members) https://www.facebook.com/groups/498934880541178/ π Follow Us On Instagram ββ https://www.instagram.com/profitforcontractors/ π Message us on FB https://www.facebook.com/profitforcontractors Full episode available to listen to on: π Apple Podcast https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346 π Spotify: https://anchor.fm/profitforcontractors
The Art of Attracting Top Talent: Build a Winning Team for Your Contracting Business - Ep #173
ποΈ In this episode of the No BS Podcast For Contractors, PFC Founder and CEO Andrew Houston dives straight into the topic of why your business may be struggling to attract top-notch employees. Let's solve this puzzle! πͺ
Whether you're experiencing a lack of interest or consistently attracting underperforming individuals, we're here to address the root causes and provide actionable solutions.Β
Get ready for some game-changing insights! π₯
To attract the right talent, it's time to step into their shoes π and view your business from their perspective. Are you standing out among the competition?Β
π Let's discuss some crucial steps to attract those A-Team Players you've always dreamed of:
π Check Your Online Presence: Are you rocking those reviews? πβοΈ Remember, if you're below a four-star rating or filled with negative feedback, it's time to level up!
π± Social Media Audit: Are your posts captivating and reflective of a desirable workplace? πΈπ It's time to amp up your game on every platform, from Facebook to Instagram and beyond!
π Differentiate and Highlight Your Strengths: What sets you apart from the rest? π Showcasing your unique strengths and value proposition is key to attracting top talent.
Now, let's face the music and be brutally honest with ourselves. π΅
Reflect on your business's strengths and weaknesses, and bridge the gaps that hinder attracting the best of the best.
Remember, transforming your business to be more attractive to potential employees is a thrilling journey.Β
Embrace the necessary changes, continuously refine your online presence, and create a work environment that leaves everyone inspired and motivated. π
Chapters:
0:00 Why is your business not attracting the best employees?
1:28 See things through your prospects' lenses
3:26 Differentiating yourself to get the right people
5:38 What's going to have the greatest impact
7:35 Don't try to do this on your own, get some expert help
9:26 Fishing for a certain type of fish
11:46 Addressing fears and aspirations
14:10 Focusing on the target audience
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Leading with Curiosity: The CEO's Right to Ask Questions - Ep #172
ποΈπ¨βπΌ Get ready to learn some powerful leadership insights in this episode! PFC Founder and CEO Andrew Houston is here to talk about the importance of asking questions as a leader. π‘
He believes that asking questions is a game-changer for gaining clarity and control over your business.Β
By asking questions at all levels of your organization, from daily tasks to team members' roles and responsibilities, you can gain valuable insights into what's working and what needs improvement. π€
π₯ Andrew encourages Champion CEOs to take ownership of their company and ask questions of their team members, clients, and suppliers.Β
But what if they don't answer? No worries, Andrew's got you covered. He suggests asking yourself why and then figuring out the next level of questions to obtain the answers you seek. π
He emphasizes that intuition is crucial for asking the right questions, but data-driven decisions can amplify this ability.Β
Leaders must also take note of red flags when someone is unwilling to provide an answer and yellow flags when someone is unable to provide an answer due to external factors.
π Summing it up, asking questions is a simple yet powerful tool for leaders to gain clarity, control, and insight into their business. πΒ
It allows you to validate that your business is heading in the right direction and helps you identify areas for improvement. Ultimately, asking questions can help you level up your leadership game. πͺπ½πΌπ¨βπ©βπ§βπ¦
Chapters:
0:00 Why you need to leverage the power of questions
1:50 The power of asking questionsΒ
3:06 The right to ask questions.Β
5:17 When someone doesnβt have the answer for you
7:01 The value and the level of question youβre asking
8:42 How to leverage the power of questions to grow your business
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
How Does Pricing Poorly Affect Your Success? - Ep #171
In today's No BS Podcast for Contractors, PFC Founder & CEO Andrew Houston and PFC Financial Coach Anna Caruso talk pricing strategies for contractors. Understanding basic financial principles is key to pricing jobs correctly and increasing profitability.Β
Don't suffer personally due to incorrect pricing, take control of expenses, and examine costs. ππ΅
π¨βπ§π©βπ§πΌ With a shortage of contractors and small businesses exiting the industry, now is the time to increase profit by pricing jobs properly. Include labor burden expenses, like advertising and your salary, to accurately estimate job costs. πΈ
πͺ By pricing jobs properly, contractors can increase profitability, pay themselves a fair wage, and build a successful business. Recover from incorrect pricing by examining expenses, focusing on profitable jobs, and building a strong team.Β
It's time to take control of your pricing decisions and understand the true cost of doing business. ποΈπ°π
Chapters:
0:00 Your profitability is the priority, not sales
4:28 What is the impact of pricing incorrectly?
8:51 A contractor losing $20,000 due to incorrect pricing
15:34 What can you do to get back on track?
20:06 Using your gut your spidey sense to make good decisions
24:08 What is your spidey sense telling you?
28:52 What to do when youβre losing money on a service.
32:48 Why youβre not supposed to raise your pricesΒ
36:48 Why you need to get an eraser in your businessΒ
Mentioned resource/s:
π Download the Pricing for Profits Calculator: https://bit.ly/3ND0Wtx
π Previous Episode: Episode 170: Strategies to Recession Proof Your Business: https://youtu.be/IAZ-dccDWMI
Connect with us:
π Join Our FB Group (17500+members)Β
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π Follow Us On Instagram ββ
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π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
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π Spotify:
https://anchor.fm/profitforcontractors
Strategies to Recession-Proof Your Business - Ep #170
ποΈ In this episode of the No BS Podcast for Contractors, Andrew Houston π§βπΌ is joined byΒ
Anna Caruso π§βπ«, PFC Financial Coach, to discuss the π importance of pricing profitably for contractors.Β
Andrew emphasizes that the podcast is not just about theory, but also provides π‘ insights, π techniques, π° tips, and π golden nuggets that can be applied to contracting businesses to improve profitability.
Anna and Andrew stress the significance of making data-driven decisions in pricing jobs, regardless of trade, location, or team size.Β
They highlight that using data ensures accuracy and confidence when presenting information and emphasize the need to leverage a profit and loss statement for pricing jobs profitably.
Andrew also introduces a tool π οΈ that listeners can use to walk through the process, making it practical and easy to follow.Β
Andrew and Anna make it clear that the podcast offers practical tools that contractors can apply to their businesses to improve profitability, rather than just talking about theoretical concepts. πͺ
Chapters:
0:00 Introduction
1:30 Pricing your jobs profitablyΒ
7:13 Using your profit and loss statement to determine pricing jobs
9:20 Pricing for profits is a legal binding document
14:43 What are the expenses you need to do to operate the business?
17:04 Whatβs the next number?
22:48 Why is it so critical to get this number right?
25:04 How to figure out your breakeven profit margin
30:36 The importance of getting down to the specifics.
32:42 If you donβt follow through, youβre going to get the ignorance tax
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Making the Right Decisions For Your Contracting Business - Ep #169
ποΈπ·ββοΈ Ready to level up your business game? Tune in to the latest episode of the No BS Podcast For Contractors, where PFC Founder and CEO Andrew Houston shares the π key to success: making π data-driven decisions!
With so many things vying for your attention, making the right choices can be tough.Β
That's why Andrew urges you to ask yourself: how many of your decisions are π data-driven versus π€ gut-driven? If the answer is mostly gut, it's time to π© raise the alarm!
But don't worry, Andrew has you covered.Β
He shares a step-by-step process for gathering π data when it's not readily available, so you can make informed decisions with confidence.
Want to know the π€ secret to make more π° money?
Β Andrew shares examples of π data-driven decisions, like raising prices during the busy spring season.Β
By using π data to analyze costs and set the best price points, you can take your business to the next level.
And it's not just about business. Applying the principles of π data-driven decision-making can be π key in all areas of life.
So what are you waiting for? Start π leveling up your decision-making skills today and π rocket your business to success!
Chapters:
0:00 When is the ideal time to raise your prices?
1:11 How do you make the right decisions?
2:51 How many of your decisions are data-driven vs. emotions-driven?
5:14 Some examples of making data-driven decisions
7:50 How do you know how many jobs you have?
10:35 How to know if you can handle more work.
13:13 What data do you need to make data-driven decisions?
16:01 Focus on the areas of your business where you already have the data.
17:57 Whatβs the one thing that you can improve in your business?
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Save time hiring A-Players in 2023 - HR Series Part 2 - Ep #168
In today's episode of the No Bullshit Podcast For Contractors, PFC CEO and Founder Andrew Houston and PFC HR Expert Veronica Carolina, also known as Vero, dive into the true cost of a bad hire. π°π₯
Vero kicks off the discussion by stating that a bad hire can cost employers at least 30% of the employee's annual salary.Β
In fact, 40% of employers estimated that the cost of a bad hire could be over $25,000 or even $50,000. π±Β
This staggering cost can have a severe impact on small businesses' profits and the morale and productivity of the team. A bad hire can cause resentment, frustration, and create a ripple effect throughout the company. π
Andrew chimes in and emphasizes that the cost of a bad hire is not limited to small businesses but applicable to all companies. Whether you are a small business owner or running a large corporation, a bad hire can be detrimental to the business's success. πΌπΈ
The conversation also delves into the time loss associated with a bad hire. Hiring the wrong person can lead to lost time and productivity as they are trained and onboarded, only to be let go or quit shortly after. This wasted time can have a significant impact on a business's operations, especially for small businesses with limited resources. β°β³
Overall, this episode of the No Bullshit Podcast For Contractors highlights the importance of avoiding bad hires and investing in a careful and thorough hiring process.Β
A bad hire can be costly and impact the success of a business, but by taking the time to hire the right person, companies can avoid these significant costs and build a strong, productive team. π
Chapters:
0:00 Whatβs a bad hire?
2:59 What is the cost of hiring a new employee?
6:20 Whatβs the impact of a bad hire on your business?
11:42 The worst-case scenario for a bad hire
15:18 The impact of bad habits on the culture of your team
19:46 Don't underestimate the process of as part of the hiring process
21:43 Whatβs an SOP?Β
25:46 Provide everything to make your team successful
29:21 How we define a bad hire is not the case
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Why Is Your Business Attracting the Worst Employees? - Ep #167
π€ Hiring the right employees is a critical aspect of any business's success, yet it remains a challenging task for many contracting companies.
β Why do you think so?
ποΈ In the latest episode of the No BS Podcast For Contractors, the host, PFC Founder & CEO Andrew welcomes three amazing guests - Head-Hunter Silvia Ciccaglione, Copywriter Dayani Lopez, and Social Media/Marketing Manager Mariana Cortez.
π‘ Silvia sheds light on the main reasons why businesses attract the wrong employees, including: assuming that salary and benefits are enough to engage the best talent.
π Dayani shares some tips on how to write a compelling job description, including using action-oriented language and highlighting company culture and benefits.
π Mariana discusses where to find the right candidates, including social media platforms like Facebook and Instagram, and the importance of using clear and concise messages in ads.
π§ This episode promises to offer more insights and success stories on hiring tips, job descriptions, candidate sourcing, social media, and success stories.
Chapters:
0:00 How do you attract the right people to your business?
2:45 What are the benefits of a successful hiring ad?
7:08 Doing an audit in finding the right candidate
12:19 What does it take to write a really good job description?
16:54 What should be the real purpose of your job ad?
21:22 The biggest pain points in the world of contracting
25:49 Why social media is no longer an option, but a necessity
31:27 How FB ads have helped PFC attract high-quality employees
36:28 Using behavioral targeting to find the right person for your business
42:36 What is the one thing you'd want your team to walk away from?
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Save Time Hiring A-Players in 2023 - HR Series Part 1 - Ep #166
ποΈ Tune in to the latest episode of the No Bullshit Podcast For Contractors, where our Founder and CEO Andrew Houston and PFC HR expert Veronica Colina dive into the challenges of hiring and building a winning team in the contracting industry.
π₯ With a shortage of skilled labor and a need for a strong team, contractors often struggle to find, attract, and retain top talent.Β
Veronica offers insights into the new generation of workers and their expectations, and shares practical tips for building an employer brand and culture that resonates with potential hires.
π‘ You'll learn how to attract and retain A-players without sacrificing profits, and gain valuable strategies for building a thriving team.Β
Whether you're a contractor looking to grow your team or an HR professional seeking insights into the contracting industry, this episode is a must-listen.
π Don't miss out on this informative discussion!Β
Listen now and start building your dream team.Β
#HiringAPlayers #Contractors #BuildingATeam
Chapters:
1:23 Getting to know the HR expert of PFC
2:39 Different challenges in finding and building an A-Team
4:18 The five generations that are coexisting
5:18 Embracing the Millenial and Gen Z Workforce
6:36 Understanding the two generations
9:36 The age groups of the two generations
10:44 Bringing in more salespeople
13:08 Becoming aware on what to change in your HR processesΒ
14:30 Several changes that contractors can do
18:19 Understanding what you're saying
26:00 There is so much to improve in your culture
28:02 The importance of having a referral program
28:28 Remember that A-Players hang with A-Players
30:22 Leveraging your team
33:11 Applying the things that were talked about
Connect with us:
π Join Our FB Group (17500+members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
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π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
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π Spotify:
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Why You Need To Consider Creating a Sales Process - Ep #165
Welcome to the No BS Podcast for Contractors!Β
In this episode, we discuss the π importance of knowing where you are in the Contractor's Ladder of Success. π
Discover the different levels of success in the Contractor's Ladder of Success, including Starting out, Breaking even, Making a living.Β
But not just making a living, but also π Making a good living, Making a fortune, and Legacy. π°
By identifying where you're at, you can learn the foundational principles to build upon and avoid the dangers of skipping steps. π
We'll also discuss how automating your business and systemizing your processes can help you achieve more control and time freedom. β°
If you're lost in your efforts to grow your contracting business or unsure where you are in the Contractor's Ladder of Success, then this episode is a must-listen. π§
Remember, skipping steps can be dangerous, and it's important to have clarity and knowledge at each level. π«β οΈ
Don't miss out on this informative episode.
Hit that play button now and start building a successful contracting business. π οΈπͺ
So what are you waiting for? π€ Don't miss out on this informative episode! π§
Chapters:
2:20 What happens if you don't know where you're at?
4:51 What's the problem with first-term apprenticeships?
7:06 Working on the right things at the right time
9:22 Systems times people equals results
12:59 Becoming a project manager and become a Champion CEO
14:55 Running up on a couple of rungs, we fall off the ladder
16:54 What happens when employees buy into the business
18:14 How to identify where you're at in your contractor's ladder of success
Connect with us:
π Join Our FB Group (17500+ members)Β
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Must-Have Business Automations in 2023! - Ep #164
Are you searching for methods to enhance your business's efficiency and simplify your workflows through automation?
π¨βπΌπ¨βπΌ If so, you won't want to miss this episode of the No Bullshit Podcast for Contractors where PFC Founder and CEO Andrew Houston and PFC Process Consultant and Business Automation Specialist Alex Ricciulli discuss the benefits of automation tools for contractors and business owners.
Discover how automation can save you time and money, optimize lead management, and scale your business. π°πΌ
Join the conversation as Alex shares insights into the different automation tools available and provides tips on how to choose the right one for your business.
Plus, learn how to manage the security of your automation tools to avoid cybersecurity issues. π
Don't miss out on this valuable information!
So, if you're looking for ways to save time, increase revenue, and streamline your processes, tune in.
You wonβt regret it. π
Chapters:
00:00 How to go about systemizing the business?
4:20 Some challenges clients face on systemizing their business
7:09 The value of systems in your sales process.
10:08 The potential for automation is endless
14:58 The benefits of using automation in the sales process
18:48 Measuring ROI in your chosen platform
21:58 Using strong passwords
25:12 Why you need to start with a CRM that has automation
28:28 How important is it for a CEO to know what they need?
Connect with us:
π Join Our FB Group (17500+members)
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Is Your Biz Going in the Right Direction? - Ep #163
Welcome to the No BS Podcast for Contractors!
In this episode, we discuss the π importance of knowing where you are in the Contractor's Ladder of Success. π
Discover the different levels of success in the Contractor's Ladder of Success, including Starting out, Breaking even, Making a living.
But not just making a living, but also π Making a good living, Making a fortune, and Legacy. π°
By identifying where you're at, you can learn the foundational principles to build upon and avoid the dangers of skipping steps. π
We'll also discuss how automating your business and systemizing your processes can help you achieve more control and time freedom. β°
If you're lost in your efforts to grow your contracting business or unsure where you are in the Contractor's Ladder of Success, then this episode is a must-listen. π§
Remember, skipping steps can be dangerous, and it's important to have clarity and knowledge at each level. π«β οΈ
Don't miss out on this informative episode.
Hit that play button now and start building a successful contracting business. π οΈπͺ
So what are you waiting for? π€ Don't miss out on this informative episode! π§
Chapters:
2:20 What happens if you don't know where you're at?
4:51 What's the problem with first-term apprenticeships?
7:06 Working on the right things at the right time
9:22 Systems times people equals results
12:59 Becoming a project manager and become a Champion CEO
14:55 Running up on a couple of rungs, we fall off the ladder
16:54 What happens when employees buy into the business
18:14 How to identify where you're at in your contractor's ladder of success
Connect with us:
π Join Our FB Group (17500+ members)
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
How Long Can Your Biz Run Without YOU! - Ep #162
Are you looking for ways to improve your business operations and streamline your processes? π€
Then you won't want to miss this week's episode of the No BS Podcast for Contractors!
In this episode, PFC CEO & Founder Andrew Houston sits down with Construction Clock Founder & CEO, David Peters, who is also an experienced contractor, to discuss his experiences in the industry and the impact of technology on his business. πΌπ»
David shares valuable insights into how he has used technology to better control and track projects, automate processes, and reduce heavy lifting.ππ·ββοΈπ€
This podcast is packed with practical advice and real-world examples of how technology can make a difference in the contracting industry. π€©π‘
Whether you're a seasoned contractor or just starting out, you'll learn valuable lessons from David's experiences and discover the potential benefits of incorporating technology into your business.πͺπ½π¨βπΌ
So don't miss this exciting episode of the No BS Podcast for Contractors!
Tune in to learn how you can take your business to the next level and overcome the roadblocks to implementing technology. π»π¨βπ»
Get ready to be inspired and motivated to make positive changes in your business.π‘πͺπ½
Chapters:
1:27 How David got into trades
6:55 The challenges that contractors who don't embrace technology face
8:49 Creating a work environment that works for you and your team
13:16 What was the lesson David had to learn the hard way without using technology?
17:32 What are the symptoms if the business doesn't have a clock in and clock out system?
21:46 The importance of systems and why it's vital for everyday business operations
26:45 Do you need to make data driven decisions?
30:34 Being open-minded to adjusting your system to a digital one
Connect with us:
π Join Our FB Group (17500+ members)
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https://www.instagram.com/profitforcontractors/
π Message us on FB
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Full episode available to listen to on:
π Apple Podcast
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π Spotify:
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Separate Yourself from the Competition Becoming the Authority - Ep #161
Are you tired of facing challenges in the first quarter of the year and struggling to stay afloat in the competitive market?
Well, fear not!
Today, we are here to offer a solution to your struggles and help you improve your marketing and sales. π²π²π²
In this podcast, we'll dive into the importance of focusing on key performance indicators.
You'll learn what Key Performance Indicators are, why they are crucial in increasing leads, and establishing your authority in the marketplace.
But that's not all! We'll also cover the concept of Unique Selling Proposition (USP), and how it sets your business apart from the competition. βοΈβοΈβοΈ
We'll explain the difference between simply offering a great product or service, and having a clear USP, and why having a USP is essential to success.
To help you find your USP, we'll take you through a step-by-step process. You'll learn how to identify your top five or three competitors, research what sets them apart, and ask yourself if you can do better. πππ
Elevate your client service with your USP - think of it like a contractor's "red carpet standard" for offering the highest level of service.
Ensure your clients receive the exceptional service they deserve.
This episode is a must-listen for all contractors who want to improve their marketing and sales.
So, don't wait any longer, tune in now and let's get started! πππ
Chapters:
1:30 What are the strategies you can apply to your marketing to be unique?
3:08 Think of what separates you from the competition
5:17 How to get clear on your unique selling competition (USP)
7:28 You need to separate yourself beyond price
10:00 Families are the most vulnerable to mold
10:45 How to define your unique selling proposition
12:52 Constantly chasing vs. You chasing customers
Connect with us:
π Join Our FB Group (17500+ members)
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Close More Leads in Less Time - Ep #160
ATTENTION ALL CONTRACTORS!
Are you searching for strategies to enhance your likelihood of sealing more deals and expanding your business beyond your competitors? π€π€π€
If so, it's time to focus on one of the most critical aspects of success - lead tracking.
In the contracting industry, a reliable and steady stream of high-quality leads is of utmost importanceβ¦
Especially during slow periods in the marketβ¦
But simply HAVING LEADS is NOT ENOUGH. π§π§π§
To truly make the most of your lead generation efforts, you must be able to TRACK, PRIORITIZE, and FOLLOW UP with your leads in a timely and effective manner.
Don't let the challenges of lead tracking hold you back any longer. βββ
We're here to offer you practical strategies, guidance, and solutions to help you improve your lead tracking practices.
Weβll also discuss other related topics on the importance of filtering leads to identify the most promising opportunities for growth.
Take your business to the next level and elevate your knowledge. πππ
Tune in now!
Chapters:
01:28 Importance of closing deals for contractors
01:41 Current state of contractors
02:01 Challenges for contractors come February and March
02:21 Four seasons of business
03:37 Importance of tracking leads
03:49 Methods of tracking leads: whiteboard, spreadsheet, CRM
04:53 Four step process for filtering leads
05:08 Need for honest self-assessment
06:50 Importance of filtering leads
10:42 Recap of the strategy
11:03 Ask yourself if you are properly tracking your leads
Connect with us:
π Join Our FB Group (17500+ members)
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
What the Calendar Looks Like for a Multi-Million Dollar Contractor vs $500K and Less - Ep #159
HEY ROCKSTARS!
Climbing up the ladder of success is tough. True enough, everyone wants to be on the TOP. πππ
But donβt be discouraged; always keep in mind that UP is the way to go!
Start empowering yourself by leveraging your CALENDAR. πππ
A multimillion-dollar CEO's calendar is a reflection of their success, and now is your chance to garner ideas on how they do it.
In today's episode, we dive in on how to personalize your calendar as inspired by how Champion CEOs audit their time.
Moreover, there are tips mentioned on how to stay in sync with your team using data-driven schedules and focusing on high-value tasks.
Time to LEVEL UP and TUNE IN now! Β β¬οΈ β¬οΈ β¬οΈ
β
Grow your business and gain quick wins by making your own Contractor's Calendar.
πComment βDefault Calendarβ below to get this tool!
Chapters:
01:34 A Champion CEO's Calendar Vs Yours
03:02 Contractor's Default Calendar
03:35 Importance of data-driven calendars
06:05 Leverage your Team's Calendar
07:17 Focusing on leadership-driven discussions
09:37 How to make the most value for time
12:14 Engaging with like-minded people
13:02 How to personalize your own Contractor's Default Calendar
Connect with us:
π Join Our FB Group (17500+ members)
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Attract A-Players Using Secret Psychology - Ep #158
HEY ROCKSTARS!
DID YOU KNOW THATβ¦.? π€π€π€
Hiring A-players can have a ripple of positive effects on how you operate as a contracting team.
But, sure enough, scouting for the best employees isn't that easy.
If you want to be the TOP CHOICE for TOP TALENT, then this episode is catered to answer your questions.
Being ATTRACT-ABLE is the key! Β Β π π
Todayβs discussion circles around establishing presence, creating first impressions, and utilizing a SECRET PSYCHOLOGY.
Define what you want to be as a team, then work around that so you'll know who you want to work with. A helpful tip is to differentiate yourself from the competition to stay on top of the hiring game. π¨βπ¦βπ¦π¨βπ¦βπ¦ π¨βπ¦βπ¦
You've got to tune in now to learn more!
β
A-players are waiting for you, itβs time to get them on your team!
πBook your Hiring Audit Call: https://sales.profitforcontractors.com/hiring-book-a-call
Chapters:
02:26 Struggles in wearing all the hats
03:12 Are you ATTRACT-ABLE enough?
06:16 Know your target audience
08:22 Leverage this Secret Psychology
12:23 Here's a Bonus Tip!
Connect with us:
π Join Our FB Group (16800+ members)
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π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
3 Things That Will 10X Boost Your Teamβs Efficiency - Ep #157
HEY ROCKSTARS!
Are you a firm believer in the saying, βTeamwork makes the dream workβ?
It is truly a GAME-CHANGER when you align your team and define your work structure.
If you really want to make the dream work, start by listing down the things that amplify team effectiveness.
Boosting team efficiency is key to achieving desired results and bringing in more profits. π€π€
If you still have doubts about how to run an efficient team, then this episode is for you. Listen to the tips and you'll learn how to instill a good team attitude through a cadence of communication.
Do you want the complete list of TO-DOs?
Huddle and tune in now to stay on top of your game!
Transform into the A-PLAYER who eats challenges, successes, and WINS for breakfast. πͺπͺ
πTradie Tip mentioned:
How to Lead Effective Money Making Meetings (https://youtu.be/zd5S1W-EAE0)
Chapters:
01:14 Top 3 things that Amplify Team Effectiveness
02:43 Setting Expectations on Monday Morning Meetings
08:01 The 3 Rs for each Team Member
10:35 Importance of Work Culture
11:26 Enable People to be Problem Solvers
Connect with us:
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π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
The TOP 5 Time Leeches for Contractors - Ep #156
HEY ROCKSTARS!
Do you despise leeches? So do we! π ββοΈπ ββοΈπ ββοΈ
Time leeches are suckers that often distract your workflow.
Do you want to know how to put salt on these time-sucking interruptions?
FOCUS on things that provide the most value and manage your schedule effectively. π§π§π§
Don't lose sight of what moves your business forward.
In this episode, you learn how to deal with the various leeches you may encounter every day, with bonus tactics.
We can never deny that some tasks, although necessary, can become a leech if not organized or delegated properly.
Good time management is a SKILL, but knowing how to manage time leeches is a TALENT. πππ
One way to overcome time-consuming tasks is to tap your team's key players and set a game plan.
Other than that?
Make sure you tune in now so you don't miss out! π―π―π―
β
Regain control of your time and profit more! πͺπͺπ€π€
πGet your Time Audit Tool now: https://calendar.profitforcontractors.org/the-contractors-time-audit
Chapters:
01:20 Dealing with Time Leeches
04:02 What are the Top 5 Time Leeches?
06:31 Tactic #1: Blocking out your Time
08:47 Tactic #2: Delegating Tasks
10:42 Tactic #3: Defining the Rules of Engagement
12:00 Creating a Culture of Problem Solvers
12:30 Communicating the Rules Face-to-Face
Connect with us:
π Join Our FB Group (17400+ members)
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π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Turning Employees into Champions with Stephanie Cansfield - Ep #155
HEY ROCKSTARS!
π REAL TALK. π
Instead of focusing on why your employees leave, ask, "What can I do to keep them at my company?"
Therefore, in this weekβs episode, we discuss how to work around some challenges you might encounter when retaining passionate team members and converting them into A-players!
Remember that the salary is only one aspect of what employees are looking for. Rather than just meeting your team memberβs needs, business owners and managers should consider their values and personal goals in the long run. π€π€π€
We should be cognizant of the fact that everyone defines happiness differently. Certain company perks may make employees happy. There are also instances when some members of the team appreciate the company's commitment to challenging them.
What about planning a morning huddle or one on ones to get to know them more? βοΈβοΈβοΈ
Having a hard time gauging each of them as individuals? - Easy!
Onboard with us also is Stephanie Cansfield, PFC's Customer Care Manager. She will cover topics such as building relationships between leaders and employees and many more.
So you've got to tune in now! βοΈβοΈβοΈ
Chapters:
5:29 The importance of getting to know your team members' personal goals
13:35 More eyes and brains are better than one
18:49 Team members not enjoying what they do? They're not going to stay
23:19 Why it's super important to let go of things that are unnecessary
28:38 The results of the effort of Steph's team that they put into PFC
35:48 Different perspectives can help a lot
41:19 Stephanie's last words of advice for contractors
Connect with us:
π Join Our FB Group (17200+ members)
https://www.facebook.com/groups/498934880541178/
π Follow Us On Instagram ββ
https://www.instagram.com/profitforcontractors/
π Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Time Mastery for 2023 - Ep #154
HEY ROCKSTARS!
So you've finished celebrating, and you're getting your Christmas tree out. You are back running our businesses, and all the client pressure has put you in a state of chaos.
How come you've found yourself in such a pickle?
Right now, let's talk about the biggie. In these hectic times of the year, time management is a major challenge for contractors and tradespeople.
Join us as we discuss the most pressing topics in this podcast. Our discussion will focus on how most of us become too vulnerable in such situations.
You might want to press play now, as we're going to get serious!
Chapters:
1:32 Time management is such a relevant topic at all times of the year
4:55 What is the mindset of contractors?
9:46 The value of your time correlates to the value of your activities
13:17 Keeping a to-do list in your head
16:40 You can't change things that you're not aware of
21:09 The value of your time evolves as you evolve
24:56 Delegating is a skill set
29:55 If you don't become the system, everything has to come back to you
Connect with us:
π Join Our FB Group (17000+ members)
https://www.facebook.com/groups/498934880541178/
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https://www.instagram.com/profitforcontractors/
π Message us on FB
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Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors
Balancing Family and Business in 2023 with Bill and Kerry Ferguson - Ep #153
HEY ROCKSTARS!
I know you know itβthe dynamic of a family business is different from the others.
Certain situations may cause conflict among family members, and sometimes, boundaries between family life and work life become blurry.
So, what should you do if you have some form of the family business? And how can you overcome certain challenges that come with it?
Jump into this podcast as there is a value-packed conversation with the lovely husband and wife team: Bill and Kerry Ferguson.
Weβre going to talk about issues that couples in business struggle with, business challenges around getting control of your team, getting on the same page with your goals, and more!
This is going to be fun! Hit that play button now!
Chapters:
1:41 If you have a family business, you need to listen to this
6:50 Knowing the numbers and having a more strategic plan
10:58 What's Bill's approach when he realized he wasn't charging enough?
16:35 The first step is to get on the same page with your goals
20:51 Tell your team why you're trying to do what you do
26:51 The importance of communication, even though it's a micro goal
29:40 The biggest impacts from a time perspective or appreciating admin help
35:39 Advice for those who don't have an admin person
41:15 Why you need to use the word "valuing" to describe your business
46:06 Doing more sales, but have less money in the bank
50:25 It's essential to be in broad agreement with your partner when it comes to business
54:56 How to ensure that your plans can work
Connect with us:
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Full episode available to listen to on:
π Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
π Spotify:
https://anchor.fm/profitforcontractors