Starting a trade business is exhilarating ... new logo, shiny ute signage, and jobs rolling in. But fast forward a few years, and the reality sets in: long hours, constant phone calls, staff challenges, and financial stress. Sound familiar?

In this episode, Andy and Angela share hard-earned lessons from over three decades in the trade industry, running Dr. DRiP Plumbing and coaching thousands of tradies through Lifestyle Tradie. These aren't textbook theories; they're real-world strategies that have transformed businesses.

Key Takeaways:

• Busy ≠ Profitable: Being flat out doesn't guarantee financial success. Understand your margins and track your numbers.
• Lead by Example: Your team's attitude mirrors yours. Set the standard you want them to follow.
• Quote for Profit: Avoid underquoting just to win jobs. Ensure every project contributes to your bottom line.
• Work on the Business: Constantly being on the tools limits growth. Allocate time to strategise and systemise.
• Choose Clients Wisely: Not every customer is a good fit. Focus on A-grade clients who value your services.
• Implement Systems: Relying on memory leads to mistakes. Document processes to ensure consistency and efficiency.
• Strategic Marketing: Word of mouth is great, but don't depend solely on it. Target your ideal customers where they are.
• Manage Cash Flow: Stay on top of invoicing and expenses to avoid financial strain.
• Collaborate with Your Partner: If you're in business together, clear communication and defined roles are crucial.
• Progress Over Perfection: There's no finish line in business. Focus on continuous improvement and building a business that supports your lifestyle.

Want Lifestyle Tradie to look at your business?

Book a free GamePlan call, and we'll provide tailored advice to give you clarity and direction to achieve the lifestyle and freedom you deserve. Details here: https://www.lifestyletradie.com.au/gameplan-call

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