The Site Shed | Systems, Strategy and Growth for Tradies and Contractors

How To Create Financial Freedom for Home Service Tradies


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Creating financial freedom — a phrase so often used but so rarely practiced. You’re probably familiar with situations where people are basically living from paycheck to paycheck. This is a trap that most trade business owners have fallen into, simply because they lack a clearer understanding about business finance.

Today’s guest, Jackson Millan — the Wealth Mentor has had a rough life to begin with where both his parents were tradies and things didn’t come easy for them. Jackson figured they must have been doing something wrong.

Today, he shares with us some tips that will surely help you scale your business and help you experience financial abundance. We’ve had a value-adding conversation I’m sure you will all learn from so press that play button to get the ball rolling!

Discussion Points: 

0:00 Introduction

3:52 You’re not the “financial expert

6:23 Solving the most common financial mistake of business owners

10:17 The next step to financial freedom for business owners

16:42 The #1 financial mistake that most business owners commit

17:21 Simplifying the goal-setting process to make goals more achievable

21:20 Steps in simplifying the path towards financial freedom

26:57 Go from trading time-for-money to money-for-time to money-for-money

27:35 Forming an organisational structure can help you achieve your business’s goals better

37:44 What are your next best financial moves?

About the Guest:

Jackson Millan – The Wealth Mentor helps coaches, consultants, advisers and agency owners scale profitable lifestyle businesses that allow them to create more profit, more free time and more personal wealth. Connect with him through their website, Facebook and Instagram, or just send him an email.

Resources:

  • Aureus Scorecard bit.ly/aureusscorecard
  • Secrets Of Scaling A 7-figure Lifestyle Business by Jackson Millan book.wealth-mentor.com.au/gift-page
  • Atomic Habits by James Clear https://amzn.to/3nDR2r3
  • How I Sold My Plumbing Business After Nearly 40 Years http://pixelme.thesiteshed.com/MOQXKeot

Your Next Step:

Join Tradie Academy, our free community packed with templates, checklists, and resources shared by podcast guests, coaches, and successful tradies.

👉 Join free and grab your next growth tool here: https://tradie.wiki/pod

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  • Website: thesiteshed.com
  • YouTube: @TheSiteShed

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