🎸 Today, it's all about financial hacks every contractor must know before hiring. 💼

Whether you're a lone wolf or eyeing team expansion, we've got your back. 🐺

Building a team is key to mitigating risks. We're diving into crucial financial considerations before you make that hiring decision. 💡 

We're breaking down Lead Flow, Deal Flow, Workflow, and the ultimate goal—Profits and Cash Flow. 

It's a streamlined sales process tailored to the financial aspect of hiring. 

Tracking and forecasting growth are key to making hiring a smart move.

Let's simplify the hiring process and ensure your success in the contracting world. 

Tune in for a breakdown that gets straight to the point! 🚀💰

Chapters:

3:07 Hiring and financial planning for contractors

7:21 Hiring and forecasting for business growth

10:51 Delegating tasks for profit growth in contracting businesses

14:07 Hiring an admin person to increase profit

Connect with us:

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Full episode available to listen to on:

📌 Apple Podcast

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📌 Spotify:

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Ever felt the draining bite of time vampires in your daily grind? 

We get it, and in our latest episode, we're unveiling these productivity suckers!

Here are the notorious four you need to watch out for:

Don't let these creatures sabotage your plans!

 Whether they're suppliers, team members, or clients, it's time to set some rules.

📅 Learn how to allocate specific time slots, take control of your schedule, and keep the time vampires at bay. 🧛‍♂️💪

Chapters:

1:09 Spotting and efficiently dealing with time-wasting individuals in a business setting

5:15 Managing time and support for various groups

7:31 Streamlining meetings and improving communication

12:14 Problem-solving in meetings

Connect with us:

📌 Join Our FB Group (20,000+members) 

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📌 Follow Us On Instagram ​​

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📌 Message us on FB

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Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

📊 Unlock the secrets of successful sales with this No BS Podcast episode! 

🚀 Eager to survive and thrive in challenging times, especially in the shaky housing market? 

🏠 Tune in as we share tactical strategies used by champion CEOs to navigate difficult times. 

🤔 Discover the power of optimizing your sales process—measure, analyze, and transform your results! 💡 

Don't fall into the lowest price war trap—learn the impactful truth about lowering your prices. 

📈 Stay ahead, stay profitable—click and boost your contracting business now!

Chapters:

1:56 Optimizing sales processes in a declining housing market

9:30 Pricing strategies for contractors. 

Connect with us:

📌 Join Our FB Group (19200+members) 

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📌 Follow Us On Instagram ​​

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📌 Message us on FB

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Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

🚀 Unlock the secret recipe to contractor success! 

Join the journey from chaos to clarity in building a thriving contracting business. 🌪️ 

Discover the pivotal moments that transformed the approach and learn how to avoid common pitfalls.

👷‍♂️ Starting with a strong work ethic but lacking structure? 

Learn from the experience in finding the right people and setting up systematic processes. 🚧

🧠 A game-changing strategy is building a team smarter than you. 

Clear roles, responsibilities, and rules for teams are important to succeed.

Imagine the impact on your team's efficiency.

🤝 Foster a positive team culture! 

Systematize your hiring processes and critical business functions. 

Leveraging technology and social media for a seamless talent acquisition process. 💻🤝

How could you adapt these strategies for your business? 💻🤝

Don't miss the podcast for a blueprint for your contracting success! 

Chapters:

0:00 Contracting business growth and potential pitfalls

2:26 A contracting business success ladder with a recipe

6:56 Improvement through time management and team building

11:49 Profitability and cash flow management for contractors

16:09 Contractor success levels and their corresponding priorities

21:10 Systemizing a contracting business for growth and profit

24:36 Scaling a contracting business from startup to stability

29:37 Scaling a contracting business and increasing its value

33:05 Growing a contracting business through strategy and planning

Connect with us:

📌 Join Our FB Group (19200+members) 

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📌 Follow Us On Instagram ​​

https://www.instagram.com/profitforcontractors/

📌 Message us on FB

https://www.facebook.com/profitforcontractors

Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

🚀 Dive into Todd's inspiring journey as he shares the transformation of his contracting business from chaos to control! 

In this engaging discussion, we tell you how he opens up about the challenges he faced – long hours, wearing multiple hats, and struggling to find the right team members.

💼 Despite the strong work ethic and principles, Todd realized the missing pieces: systems and structure. 

His story resonates with many contractors who find themselves overwhelmed, constantly juggling tasks without a clear roadmap. 

If you've ever felt the weight of wearing too many hats, you're not alone!

🏗️ Discover the four key strategies Todd implemented to turn his business around.

Chapters:

0:00 Systematizing hiring process with technology

1:21 Challenges in contracting businesses and implementing systems for success

5:17 Shifting mindset and improving business financials

8:56 Creating a successful business culture

12:37 Systematizing a contracting business for growth

Connect with us:

📌 Join Our FB Group (19200+members) 

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📌 Follow Us On Instagram ​​

https://www.instagram.com/profitforcontractors/

📌 Message us on FB

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Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

🛠️ Struggling in the construction industry? 

Join Mike as he shares his journey, battling against fierce competition and bidding chaos. 

He opens up about the stress of being seen as just the "price check" in the industry and the challenges of getting his team on board with a new approach.

💰 Mike dives into the harsh reality of cash flow issues, revealing the emotional toll it takes on family life. 

He discusses the fear of losing his business and the sacrifices made to keep it afloat.

🔧 Learn from Mike's transformation! Discover the strategies he employed to turn his business around, tackle cash flow woes, and achieve a 25% net profit. 

👷‍♂️ Whether you're a contractor or business owner, gain valuable perspectives and real-talk insights on the No Bullsh*t Podcast For Contractors. 

Chapters:

0:00 Cash flow and profitability challenges in an electrical contracting business

5:44 Entrepreneurship and family life

10:09 Business growth and cash flow management

14:37 Financial management in the construction industry

17:48 Pricing, cash flow, and accounts receivable management

22:39 Improving business operations and team morale

26:43 Managing a family-driven business with cash flow issues

29:08 Managing a construction business during financial difficulties

33:38 Overcoming business challenges as a Champion CEO

37:32 Personal growth and business success through POC program

40:41 Business growth and identity shifts

45:09 Overcoming challenges in contracting businesses

Connect with us:

📌 Join Our FB Group (19200+members) 

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📌 Follow Us On Instagram ​​

https://www.instagram.com/profitforcontractors/

📌 Message us on FB

https://www.facebook.com/profitforcontractors

Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

🔥 We're back and we're tackling a critical topic today: "Hiring for Long-Term Success." 🔨

Are you a contractor and a CEO, striving for ultimate financial rewards, freedom, and control of your business? 🤔

We know you've chosen this path to build something more significant, and building a high-performing team is one of the best ways to achieve your dreams.

In this episode, we kick things off by addressing the "value" of hiring. 

We’ll get you into the right mindset and remind you that you're not just a laborer, technician, or project manager—you're a CEO with a mission to make your business thrive. 🚀

But it's not all smooth sailing. 

We will touch on overcoming these hurdles and set your business on the path to success.

You'll learn tactics and strategies to hire for long-term growth and minimize the struggles of finding, attracting, and retaining the right team members.

Don't settle for just being a good contractor—aim to become a Champion CEO with a winning team!

Tune in now for valuable insights and actionable tips to transform your contracting business! 🎙️👷‍♂️💼

Chapters:

0:00 Hiring for long-term success in business. 

4:35 Building a successful contracting business with a team

9:24 Building a successful contracting business with an organizational chart

13:44 Identifying and filling roles for business success

18:37 Attracting and retaining talent for small businesses

21:41 The importance of knowing your competition

Connect with us:

📌 Join Our FB Group (19200+members) 

https://www.facebook.com/groups/498934880541178/

📌 Follow Us On Instagram ​​

https://www.instagram.com/profitforcontractors/

📌 Message us on FB

https://www.facebook.com/profitforcontractors

Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

🔥 Ready to find the perfect work-life balance as a couple? 

Join Andrew and Jennifer on the No Bullshit Podcast For Contractors, where they openly share their journey and provide valuable insights. 💑

In this episode, PFC’s power couple delves into the critical need for work-life equilibrium.

This especially when running a business as a pair. 

Andrew and Jennifer have been through the grind and are here to help you navigate the challenges of maintaining both your personal and professional life.

💡 Discover how they identified the signs of burnout - from physical symptoms like stress headaches and rashes to emotional tension and mood swings. 

You'll relate to their experiences and gain a better understanding of what it takes to prevent burnout.

🗣️ Communication is key. 

Andrew and Jennifer emphasize the importance of open and honest conversations. 

Don't miss this enlightening conversation, where they discuss not only the challenges they faced but also how they overcame them. 

If you're looking to strike a balance between work and life, this podcast episode is a must-listen! 😊🎙️

Chapters:

0:00 Managing finances for husband-wife teams in contracting businesses

1:47 Work-life balance and communication challenges

7:20 Identifying and addressing work-life balance issues in a relationship

12:25 Setting limits and boundaries in communication

17:06 Self-care and guilt among women

21:25 Defining roles and expectations in a business partnership

26:30 Financial management and budgeting in a business partnership

29:31 Defining personal and business goals

33:27 Work-life balance, communication, and vision for business owners

Connect with us:

📌 Join Our FB Group (19200+members) 

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📌 Follow Us On Instagram ​​

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📌 Message us on FB

https://www.facebook.com/profitforcontractors

Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

💡 Ever wonder if you're quoting your jobs profitably? 

Back Costing provides the answers. It reveals insights into your work process, from start to finish. 🏗️

💰 By analyzing your past jobs, you'll see where you're making or losing money. 

It helps you spot leaks in your profit bucket and identifies areas to optimize. 🚀

📝 Use a proven template for job costing and ensure detailed quoting. 

Back Costing enables you to understand what really happened, not just guess. 🤔

💼 It's a crucial tool for managing your business efficiently and increasing profits. 

Join Andrew every Wednesday for more insights on the No Bullshit Podcast for Contractors. 🎙️

💥 Don't miss the opportunity to elevate your contracting game and boost your profits. 

Subscribe now and take your business to the next level! 💼👔💰

Chapters:

0:00 Coming up section

2:17 Back costing for contractors to maximize profits

4:34 Cost estimation for contractors with examples

7:32 Quoting jobs profitably and tracking actual costs

9:16 Costing and pricing for contractors

Connect with us:

📌 Join Our FB Group (19200+members) 

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📌 Follow Us On Instagram ​​

https://www.instagram.com/profitforcontractors/

📌 Message us on FB

https://www.facebook.com/profitforcontractors

Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors

🎙️Today, you’ll get the insights you need to break free from being stuck in the daily grind. 🛠️

🚀 In a world filled with challenges, from COVID to material shortages and labor woes, it's easy to get bogged down. But today, we're talking about how to get UNSTUCK! 🆘

👀 Stuck might look different for each of you, but one common sign is not making the progress you crave. If you're living in a perpetual Groundhog Day, it's time for change. 💡

🏗️ We've got three essential profit pillars holding up our contracting businesses, and they're not just business foundations; they're stepping stones to becoming champions and achieving the freedom, control, and wealth you desire. 🌟

💭 So, let's dive into getting unstuck! 

⌛ First, take time to think like a champion CEO. As Keith Cunningham wisely says, "Thinking time" is crucial. 🤔

👓 Visualize your goals. What do you want to achieve in your business and personal life? Whether it's a month, six months, or a year ahead, set clear, achievable visions. 🌌

👥 Consider both personal and business goals. Remember, your business should support the lifestyle you desire. 🏡

🔍 Invest wisely in your business. Think about the resources and tools needed for growth. 

Be PROACTIVE. 📈

📈 Focus on growth, but NOT JUST ANY GROWTH – focus on increasing your profits and leveraging them to fuel your freedom. It's not just about sales numbers; it's about working smarter. 💰

📆 Remember, growth doesn't happen overnight, but these SMALL CHANGES can have a MASSIVE IMPACT on your contracting business. 💥

🔥Don't miss a beat! 

Tune in every week to our No BS podcast episodes for expert insights on overcoming roadblocks and taking your business to the next level.

We're here to help you become a true champion CEO! 🚀👑

Chapters:

0:00 Becoming a champion CEO through focused thinking

5:53 Setting clear goals and investing in business

10:56 Time management and delegation for business success

14:27 Investing in business growth for contractors

18:14 Growing a contracting business with a focus on ROI

Connect with us:

📌 Join Our FB Group (19200+members) 

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📌 Follow Us On Instagram ​​

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📌 Message us on FB

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Full episode available to listen to on:

📌 Apple Podcast

https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346

📌 Spotify:

https://anchor.fm/profitforcontractors