🎙️👨‍💼 Get ready to learn some powerful leadership insights in this episode! PFC Founder and CEO Andrew Houston is here to talk about the importance of asking questions as a leader. 💡

He believes that asking questions is a game-changer for gaining clarity and control over your business. 

By asking questions at all levels of your organization, from daily tasks to team members' roles and responsibilities, you can gain valuable insights into what's working and what needs improvement. 🤔

👥 Andrew encourages Champion CEOs to take ownership of their company and ask questions of their team members, clients, and suppliers. 

But what if they don't answer? No worries, Andrew's got you covered. He suggests asking yourself why and then figuring out the next level of questions to obtain the answers you seek. 🔍

He emphasizes that intuition is crucial for asking the right questions, but data-driven decisions can amplify this ability. 

Leaders must also take note of red flags when someone is unwilling to provide an answer and yellow flags when someone is unable to provide an answer due to external factors.

📝 Summing it up, asking questions is a simple yet powerful tool for leaders to gain clarity, control, and insight into their business. 💭 

It allows you to validate that your business is heading in the right direction and helps you identify areas for improvement. Ultimately, asking questions can help you level up your leadership game. 💪🏽💼👨‍👩‍👧‍👦

Chapters:

0:00 Why you need to leverage the power of questions

1:50 The power of asking questions 

3:06 The right to ask questions. 

5:17 When someone doesn’t have the answer for you

7:01 The value and the level of question you’re asking

8:42 How to leverage the power of questions to grow your business

Connect with us:

📌 Join Our FB Group (17500+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

In today's No BS Podcast for Contractors, PFC Founder & CEO Andrew Houston and PFC Financial Coach Anna Caruso talk pricing strategies for contractors. Understanding basic financial principles is key to pricing jobs correctly and increasing profitability. 

Don't suffer personally due to incorrect pricing, take control of expenses, and examine costs. 📊💵

👨‍🔧👩‍🔧💼 With a shortage of contractors and small businesses exiting the industry, now is the time to increase profit by pricing jobs properly. Include labor burden expenses, like advertising and your salary, to accurately estimate job costs. 💸

💪 By pricing jobs properly, contractors can increase profitability, pay themselves a fair wage, and build a successful business. Recover from incorrect pricing by examining expenses, focusing on profitable jobs, and building a strong team. 

It's time to take control of your pricing decisions and understand the true cost of doing business. 🏗️💰👍

Chapters:

0:00 Your profitability is the priority, not sales

4:28 What is the impact of pricing incorrectly?

8:51 A contractor losing $20,000 due to incorrect pricing

15:34 What can you do to get back on track?

20:06 Using your gut your spidey sense to make good decisions

24:08 What is your spidey sense telling you?

28:52 What to do when you’re losing money on a service.

32:48 Why you’re not supposed to raise your prices 

36:48 Why you need to get an eraser in your business 

Mentioned resource/s:

📌 Download the Pricing for Profits Calculator: https://bit.ly/3ND0Wtx

📌 Previous Episode: Episode 170: Strategies to Recession Proof Your Business: https://youtu.be/IAZ-dccDWMI

Connect with us:

📌 Join Our FB Group (17500+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

🎙️ In this episode of the No BS Podcast for Contractors, Andrew Houston 🧑‍💼 is joined by 

Anna Caruso 🧑‍🏫, PFC Financial Coach, to discuss the 🔑 importance of pricing profitably for contractors. 

Andrew emphasizes that the podcast is not just about theory, but also provides 💡 insights, 🎓 techniques, 💰 tips, and 💎 golden nuggets that can be applied to contracting businesses to improve profitability.

Anna and Andrew stress the significance of making data-driven decisions in pricing jobs, regardless of trade, location, or team size. 

They highlight that using data ensures accuracy and confidence when presenting information and emphasize the need to leverage a profit and loss statement for pricing jobs profitably.

Andrew also introduces a tool 🛠️ that listeners can use to walk through the process, making it practical and easy to follow. 

Andrew and Anna make it clear that the podcast offers practical tools that contractors can apply to their businesses to improve profitability, rather than just talking about theoretical concepts. 💪

Chapters:

0:00 Introduction

1:30 Pricing your jobs profitably 

7:13 Using your profit and loss statement to determine pricing jobs

9:20 Pricing for profits is a legal binding document

14:43 What are the expenses you need to do to operate the business?

17:04 What’s the next number?

22:48 Why is it so critical to get this number right?

25:04 How to figure out your breakeven profit margin

30:36 The importance of getting down to the specifics.

32:42 If you don’t follow through, you’re going to get the ignorance tax

Connect with us:

📌 Join Our FB Group (17500+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 level up your business game? Tune in to the latest episode of the No BS Podcast For Contractors, where PFC Founder and CEO Andrew Houston shares the 🔑 key to success: making 📊 data-driven decisions!

With so many things vying for your attention, making the right choices can be tough. 

That's why Andrew urges you to ask yourself: how many of your decisions are 📊 data-driven versus 🤔 gut-driven? If the answer is mostly gut, it's time to 🚩 raise the alarm!

But don't worry, Andrew has you covered. 

He shares a step-by-step process for gathering 📊 data when it's not readily available, so you can make informed decisions with confidence.

Want to know the 🤑 secret to make more 💰 money?

 Andrew shares examples of 📊 data-driven decisions, like raising prices during the busy spring season. 

By using 📊 data to analyze costs and set the best price points, you can take your business to the next level.

And it's not just about business. Applying the principles of 📊 data-driven decision-making can be 🔑 key in all areas of life.

So what are you waiting for? Start 📈 leveling up your decision-making skills today and 🚀 rocket your business to success!

Chapters:

0:00 When is the ideal time to raise your prices?

1:11 How do you make the right decisions?

2:51 How many of your decisions are data-driven vs. emotions-driven?

5:14 Some examples of making data-driven decisions

7:50 How do you know how many jobs you have?

10:35 How to know if you can handle more work.

13:13 What data do you need to make data-driven decisions?

16:01 Focus on the areas of your business where you already have the data.

17:57 What’s the one thing that you can improve in your business?

Connect with us:

📌 Join Our FB Group (17500+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

In today's episode of the No Bullshit Podcast For Contractors, PFC CEO and Founder Andrew Houston and PFC HR Expert Veronica Carolina, also known as Vero, dive into the true cost of a bad hire. 💰🔥

Vero kicks off the discussion by stating that a bad hire can cost employers at least 30% of the employee's annual salary. 

In fact, 40% of employers estimated that the cost of a bad hire could be over $25,000 or even $50,000. 😱 

This staggering cost can have a severe impact on small businesses' profits and the morale and productivity of the team. A bad hire can cause resentment, frustration, and create a ripple effect throughout the company. 👎

Andrew chimes in and emphasizes that the cost of a bad hire is not limited to small businesses but applicable to all companies. Whether you are a small business owner or running a large corporation, a bad hire can be detrimental to the business's success. 💼💸

The conversation also delves into the time loss associated with a bad hire. Hiring the wrong person can lead to lost time and productivity as they are trained and onboarded, only to be let go or quit shortly after. This wasted time can have a significant impact on a business's operations, especially for small businesses with limited resources. ⏰⏳

Overall, this episode of the No Bullshit Podcast For Contractors highlights the importance of avoiding bad hires and investing in a careful and thorough hiring process. 

A bad hire can be costly and impact the success of a business, but by taking the time to hire the right person, companies can avoid these significant costs and build a strong, productive team. 🙌

Chapters:

0:00 What’s a bad hire?

2:59 What is the cost of hiring a new employee?

6:20 What’s the impact of a bad hire on your business?

11:42 The worst-case scenario for a bad hire

15:18 The impact of bad habits on the culture of your team

19:46 Don't underestimate the process of as part of the hiring process

21:43 What’s an SOP? 

25:46 Provide everything to make your team successful

29:21 How we define a bad hire is not the case

Connect with us:

📌 Join Our FB Group (17500+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

🤝 Hiring the right employees is a critical aspect of any business's success, yet it remains a challenging task for many contracting companies.

❓ Why do you think so?

🎙️ In the latest episode of the No BS Podcast For Contractors, the host, PFC Founder & CEO Andrew welcomes three amazing guests - Head-Hunter Silvia Ciccaglione, Copywriter Dayani Lopez, and Social Media/Marketing Manager Mariana Cortez.

💡 Silvia sheds light on the main reasons why businesses attract the wrong employees, including: assuming that salary and benefits are enough to engage the best talent.

📝 Dayani shares some tips on how to write a compelling job description, including using action-oriented language and highlighting company culture and benefits.

🔍 Mariana discusses where to find the right candidates, including social media platforms like Facebook and Instagram, and the importance of using clear and concise messages in ads.

🎧 This episode promises to offer more insights and success stories on hiring tips, job descriptions, candidate sourcing, social media, and success stories.

Chapters:

0:00 How do you attract the right people to your business?

2:45 What are the benefits of a successful hiring ad?

7:08 Doing an audit in finding the right candidate

12:19 What does it take to write a really good job description?

16:54 What should be the real purpose of your job ad?

21:22 The biggest pain points in the world of contracting

25:49 Why social media is no longer an option, but a necessity

31:27 How FB ads have helped PFC attract high-quality employees

36:28 Using behavioral targeting to find the right person for your business

42:36 What is the one thing you'd want your team to walk away from?

Connect with us:

📌 Join Our FB Group (17500+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

🎙️ Tune in to the latest episode of the No Bullshit Podcast For Contractors, where our Founder and CEO Andrew Houston and PFC HR expert Veronica Colina dive into the challenges of hiring and building a winning team in the contracting industry.

👥 With a shortage of skilled labor and a need for a strong team, contractors often struggle to find, attract, and retain top talent. 

Veronica offers insights into the new generation of workers and their expectations, and shares practical tips for building an employer brand and culture that resonates with potential hires.

💡 You'll learn how to attract and retain A-players without sacrificing profits, and gain valuable strategies for building a thriving team. 

Whether you're a contractor looking to grow your team or an HR professional seeking insights into the contracting industry, this episode is a must-listen.

👉 Don't miss out on this informative discussion! 

Listen now and start building your dream team. 

#HiringAPlayers #Contractors #BuildingATeam

Chapters:

1:23 Getting to know the HR expert of PFC

2:39 Different challenges in finding and building an A-Team

4:18 The five generations that are coexisting

5:18 Embracing the Millenial and Gen Z Workforce

6:36 Understanding the two generations

9:36 The age groups of the two generations

10:44 Bringing in more salespeople

13:08 Becoming aware on what to change in your HR processes 

14:30 Several changes that contractors can do

18:19 Understanding what you're saying

26:00 There is so much to improve in your culture

28:02 The importance of having a referral program

28:28 Remember that A-Players hang with A-Players

30:22 Leveraging your team

33:11 Applying the things that were talked about

Connect with us:

📌 Join Our FB Group (17500+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

Welcome to the No BS Podcast for Contractors! 

In this episode, we discuss the 🔑 importance of knowing where you are in the Contractor's Ladder of Success. 🔝

Discover the different levels of success in the Contractor's Ladder of Success, including Starting out, Breaking even, Making a living. 

But not just making a living, but also 👉 Making a good living, Making a fortune, and Legacy. 💰

By identifying where you're at, you can learn the foundational principles to build upon and avoid the dangers of skipping steps. 🔍

We'll also discuss how automating your business and systemizing your processes can help you achieve more control and time freedom. ⏰

If you're lost in your efforts to grow your contracting business or unsure where you are in the Contractor's Ladder of Success, then this episode is a must-listen. 🎧

Remember, skipping steps can be dangerous, and it's important to have clarity and knowledge at each level. 🚫⚠️

Don't miss out on this informative episode.

Hit that play button now and start building a successful contracting business. 🛠️💪

So what are you waiting for? 🤔 Don't miss out on this informative episode! 🎧

Chapters:

2:20 What happens if you don't know where you're at?

4:51 What's the problem with first-term apprenticeships?

7:06 Working on the right things at the right time

9:22 Systems times people equals results

12:59 Becoming a project manager and become a Champion CEO

14:55 Running up on a couple of rungs, we fall off the ladder

16:54 What happens when employees buy into the business

18:14 How to identify where you're at in your contractor's ladder of success

Connect with us:

📌 Join Our FB Group (17500+ 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

Are you searching for methods to enhance your business's efficiency and simplify your workflows through automation?

👨‍💼👨‍💼 If so, you won't want to miss this episode of the No Bullshit Podcast for Contractors where PFC Founder and CEO Andrew Houston and PFC Process Consultant and Business Automation Specialist Alex Ricciulli discuss the benefits of automation tools for contractors and business owners.

Discover how automation can save you time and money, optimize lead management, and scale your business. 💰💼

Join the conversation as Alex shares insights into the different automation tools available and provides tips on how to choose the right one for your business.

Plus, learn how to manage the security of your automation tools to avoid cybersecurity issues. 🔒

Don't miss out on this valuable information!

So, if you're looking for ways to save time, increase revenue, and streamline your processes, tune in.

You won’t regret it. 🌟

Chapters:

00:00 How to go about systemizing the business?

4:20 Some challenges clients face on systemizing their business

7:09 The value of systems in your sales process.

10:08 The potential for automation is endless

14:58 The benefits of using automation in the sales process

18:48 Measuring ROI in your chosen platform

21:58 Using strong passwords

25:12 Why you need to start with a CRM that has automation

28:28 How important is it for a CEO to know what they need?

Connect with us:

📌 Join Our FB Group (17500+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

Welcome to the No BS Podcast for Contractors!

In this episode, we discuss the 🔑 importance of knowing where you are in the Contractor's Ladder of Success. 🔝

Discover the different levels of success in the Contractor's Ladder of Success, including Starting out, Breaking even, Making a living.

But not just making a living, but also 👉 Making a good living, Making a fortune, and Legacy. 💰

By identifying where you're at, you can learn the foundational principles to build upon and avoid the dangers of skipping steps. 🔍

We'll also discuss how automating your business and systemizing your processes can help you achieve more control and time freedom. ⏰

If you're lost in your efforts to grow your contracting business or unsure where you are in the Contractor's Ladder of Success, then this episode is a must-listen. 🎧

Remember, skipping steps can be dangerous, and it's important to have clarity and knowledge at each level. 🚫⚠️

Don't miss out on this informative episode.

Hit that play button now and start building a successful contracting business. 🛠️💪

So what are you waiting for? 🤔 Don't miss out on this informative episode! 🎧

Chapters:

2:20 What happens if you don't know where you're at?

4:51 What's the problem with first-term apprenticeships?

7:06 Working on the right things at the right time

9:22 Systems times people equals results

12:59 Becoming a project manager and become a Champion CEO

14:55 Running up on a couple of rungs, we fall off the ladder

16:54 What happens when employees buy into the business

18:14 How to identify where you're at in your contractor's ladder of success

Connect with us:

📌 Join Our FB Group (17500+ 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