When you think of contracting businesses, the things that come to mind are usually construction, pond builders, roofers, painters, etc. However, the term “contractor” is not limited to those home-improvement professions. Today, Logan is sitting down with the big media dog himself, Full Sail’s Social Media Video Editor, Alex. Alex’s dad owns a home heating oil company and he is here today to tell Logan all about the company and the aspects of the home heating oil business. This industry is a very lucrative sector of contracting and there’s plenty to learn in today’s episode!

In this episode, we talk about…

• Alex’s journey as he helped his dad build his business
• How Mike Timms came to start his home-oil business
• Different ways that the big home-oil companies try to create a monopoly
• Problems with trying to get a delivery from one of the big dogs during the busy season
• Seeing problems with the current process and going out on your own
• Knowing all the numbers without knowing all the characteristics of the house
• Why Alex’s dad came back to the oil business after being bought out
• Making sure to factor in all of the overhead
• Generating leads with the changing of times and technology
• Dealing with the ever-changing pool of customers, price shoppers
• Price vs. Timing, prioritizing between the two
• Providing the obvious conveniences that other companies don’t acknowledge
• Getting out in front of the little things that nobody thinks about
• Knowing how to hire so that you get the right people who fit in your company
• What Alex would step in and help his dad with right now
• Asking the right questions to make sure you are the right fit for the customer
• Picking out the likes/dislikes from other companies and applying those to yours

 

Links to resources:

Penny Saver

Petro

Check out Alex’s dad’s company, Timm’s Petroleum!

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