On this episode of the Jered Williams show, Jered and his guest Eddie Barkhurst discuss the top reasons why 95% of plumbing businesses fail. They cover the "technician trap" where business owners get stuck working in the business rather than on the business, the importance of having the right roles and systems in place as the business grows, the need to work on the business and not just in it, and the value of having a clear vision for the future. They emphasize the importance of using tools like the Wealthy Plumber's hourly rate calculator to make data-driven decisions, and encourage listeners to join the Wealthy Plumber School Group to access pre-built systems and resources to help grow their plumbing businesses.

On this episode of the Jered Williams Show, the hosts discuss strategies for effectively leading and managing a team. They emphasize the importance of setting aside dedicated "thinking time" to address problems and plan for the future. They also caution against common leadership pitfalls like making bad assumptions, ignoring reality, and letting emotions drive decisions. The hosts advocate for building clear systems, SOPs, and checklists to reduce errors and empower employees. Additionally, they stress the significance of aligning company culture and incentives with the overall business objectives. Ultimately, the discussion underscores the need for simplicity, clarity, and accountability when it comes to managing a growing team and organization.

On this episode of the Jered Williams Show, Jered and his guest Eddie discuss the marketing strategies they used to grow their pressure washing business, Dudewash, from scratch in just 8 months. They cover the importance of branding, building a strong online presence, utilizing billboards, Facebook ads, and direct mail campaigns to create brand awareness and drive customer calls. Jered also shares the challenges they faced in pricing and selling their services, as they experimented with different sales models to find the right approach for their market. The discussion highlights the complexities of transitioning a service-based business from a traditional to a more on-demand model, and the need to continuously adapt and refine the marketing and sales strategies to meet customer preferences.

On this episode of the Jered Williams Show, Jered interviews Gregg Schonhorn, a business broker who specializes in the home services industry. Greg discusses the process of selling a business, including the importance of financial data, management team, and recurring revenue. He explains how private equity firms evaluate and acquire businesses, and the differences between commercial and residential service companies. Greg also shares insights on industry trends, such as the potential impact of a company going public, and offers advice for business owners looking to prepare for a future sale.

On this episode of the Jered Williams show, Jered and Eddie discuss how to hit $1 million in revenue in your first year of business. The key steps outlined include: pricing your services correctly, implementing effective marketing strategies to drive steady leads, providing customers with options and solutions, answering the phone and following up promptly, proactively asking for reviews, and retaining customers through membership programs. The hosts emphasize the importance of delivering high-quality service, understanding your costs, and focusing on the lifetime value of each customer rather than just the initial transaction. By following this approach, the hosts believe it is entirely possible for a single-person operation to achieve $1 million in revenue in their first year.

On this episode of the Jered Williams show, Jered discusses five tactics that can help explode a plumbing business. He emphasizes the importance of pricing correctly, upselling and providing options to customers, focusing on lifetime value and customer retention, building brand awareness, and delivering an exceptional customer experience. Jered explains that many businesses don't need more leads, but rather need to learn how to make more money from the customers they already have. He provides detailed strategies and insights on each of these tactics, drawing from his own experiences in the plumbing industry. The episode is packed with practical advice for business owners looking to grow their profitability and establish a strong, loyal customer base.

On this episode of the Jered Williams show, Jered discusses how he grew his plumbing business from zero to $5 million in just two years. He shares his journey, starting with a failed partnership and struggling to make ends meet, to finally finding success by focusing on pricing his services properly, leveraging digital marketing, and hiring the right team. Jared emphasizes the importance of setting ambitious goals, being willing to take risks, and not being afraid to make mistakes along the way. He also highlights the value of turning over responsibilities to capable employees and trusting them to execute, which allowed him to scale the business rapidly. Overall, Jered's story provides valuable insights for aspiring entrepreneurs looking to build a thriving service-based business.

On this episode of the Jered Williams Show, Jered and Eddie discuss strategies for selling more jobs in 2025. They emphasize the importance of accurately pricing services based on a company's expenses and efficiency, rather than just looking at hourly rates. The hosts also highlight the value of offering customized options to customers, building trust and confidence through strong communication skills, and leveraging a professional brand to stand out in the market. Additionally, they stress the need for speed and responsiveness throughout the sales process, as well as the critical role that a company's brand and employee appearance play in creating a positive customer experience.

On this episode of the Jered Williams Show, Jered and Eddie discuss the importance of aligning incentives and holding employees accountable in a service business. They share their experiences with trying different commission structures and performance tracking systems at their previous company, Prospector, and how implementing a clear scorecard system with key performance indicators and performance indicators helped drive significant revenue growth by motivating their team. The conversation highlights the challenges of managing people and the need to create a company culture where employees are empowered to succeed and contribute to the overall goals of the business.

In this episode of the Jered Williams show, Jered and his guest Eddie Barkers discuss the importance of understanding one's role as either a visionary or an integrator in a business. They share their experiences working together at Prospector, where Jered's visionary ideas and Eddie's integrator skills complemented each other perfectly. The conversation also touches on the challenges of implementing change, the benefits of a commission-based pay structure, and the value of keeping personal expenses low to allow for business growth. Overall, the episode highlights the significance of finding the right partner to balance out one's strengths and weaknesses, as well as the importance of reading the book "Rocket Fuel" to gain a deeper understanding of these complementary roles.