Contractor Evolution

155. Does Open Book Management Really Work? - Ryan Markewich


Listen Later

To learn more about Breakthrough Academy, click here: https://trybta.com/PCEP155

If you’ve ever wondered how an Open Book Management business operates and whether or not this model might work for you. You’re in luck!

Open Book Management, or OBM for short, is a business philosophy and system that communicates the entire financial picture of the business all the way down to the laborer in the field. 

The fundamental idea is that every set of hands comes from with a free brain, and people generally play better when your keeping score. 

Our guest today is Ryan Markewich, founder of Creative Roots Landscaping in Kelowna, BC, and a certified Great Game of Business Coach. For the last twenty years, he’s run Creative Roots fully “Open Book” and is here today to tell us about it.

I ask him:

  • Does OBM really work? Or is this just another hyped-up business framework?
  • How much extra work is it to train employees on the financial reports and KPIs in order for them to truly be “in the game”?
  • How do they select future partners from their employee pool? 
  • How do they groom them? And what does it actually mean when an employee purchases a tranche of the company?

Open Book Management isn’t for everyone, but if you’ve ever been curious about it, this is a great jumping-off point.

To know more about Ryan visit https://rmark.ca/ and https://www.greatgame.com/about/our-coaches/ryan-markewich

 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Contractor EvolutionBy Breakthrough Academy

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

49 ratings


More shows like Contractor Evolution

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,796 Listeners

The GaryVee Audio Experience by Gary Vaynerchuk

The GaryVee Audio Experience

16,789 Listeners

The Contractor Fight with Tom Reber by Tom Reber

The Contractor Fight with Tom Reber

409 Listeners

It's a Good Life by Brian Buffini

It's a Good Life

2,529 Listeners

The Fine Homebuilding Podcast by Fine Homebuilding Magazine

The Fine Homebuilding Podcast

773 Listeners

The Wealthy Contractor by Brian Kaskavalciyan

The Wealthy Contractor

214 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

408 Listeners

Modern Craftsman by Modern Craftsman

Modern Craftsman

1,134 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,370 Listeners

Dropping Bombs by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

Dropping Bombs

2,304 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

719 Listeners

UnBuild It Podcast by Unbuild It Podcast

UnBuild It Podcast

231 Listeners

Waste No Day: A Home Services Motivational Podcast by Brian Burton & Nate Minnich

Waste No Day: A Home Services Motivational Podcast

483 Listeners

The Build Show Podcast by Matt Risinger

The Build Show Podcast

360 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

839 Listeners