Turnaround Boardroom

Turnaround Boardroom

By Paul Maskill, Blue Collar Business AdvisorsBusinessEntrepreneurshipEducationSelf-Improvement
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Turnaround Boardroom episodes

  • 089: Scaling $5M to $15M: The Financing Roadmap with Dillon Caraway

    In this episode, Dillon Carraway from Live Oak Bank shares expert insights on financing options for your home service business. Learn how to prepare your business for growth, secure working capital, and plan effective exit strategies.

    This discussion covers essential aspects of business acquisition and funding, offering practical tips and industry knowledge.

    In today's episode, Paul and Dillon dive into:

    • Access to working capital for growth
    • Business acquisition financing and SBA options
    • Succession planning and exit strategies

    If your business looks successful on the outside—but feels tight, stressful, or unclear underneath—this podcast is for you. If you want to be interviewed on the podcast email me at [email protected]

    40 min
  • 088: Your Biggest Business Mistake: Confusing Busy With Profitable with Paul Maskill

    In this boardroom briefing, Paul tackles a dangerous lie in the home service industry: busy is not profitable. He emphasizes that true business success comes from understanding your margins and labor efficiency. This episode provides essential insights for effective business management and sound money management, ensuring your company builds a solid financial foundation for sustainable growth.

    In today's episode, Paul discusses:

    • Activity can increase stress without increasing profit.
    • More revenue does not solve underlying financial issues.
    • Understanding labor inefficiencies is crucial for profitability.
    • Emotional decision-making can hinder financial success.

    If your business looks successful on the outside—but feels tight, stressful, or unclear underneath—this podcast is for you. If you want to be interviewed on the podcast email me at [email protected]

    23 min
  • 087: The Real Reason Contractors Struggle to Sell Their Business with Brad Wallace

    In this episode, Paul Maskill interviews Brad Wallace, a financial expert specializing in mergers and acquisitions, focusing on the process of selling your business, particularly in the home service industry. They discuss the importance of business valuation and the steps involved in preparing a business for sale.

    Tune in for practical how to sell a business tips to avoid common pitfalls and understand the financial implications of your decisions.

    In today's episode, Paul and Brad discuss:

    • A formal business valuation is essential before selling.
    • Marketing materials are crucial for attracting buyers.
    • Stability in financials is a key selling point.
    • Understanding EBITDA is vital for business valuation.
    • M&A advisors can help navigate the complexities of selling a business.

    If your business looks successful on the outside—but feels tight, stressful, or unclear underneath—this podcast is for you. If you want to be interviewed on the podcast email me at [email protected]

    43 min
  • 086: Making $8M But Broke? Here's What's Wrong with Paul Maskill

    In episode 86, Paul Maskill welcomes you to the Turnaround Boardroom Podcast to discuss why many small business owners generating $5-8 million in revenue still face "money problems". This episode focuses on the critical aspect of cashflow within residential service businesses and offers practical business tips for better business management. Discover key insights for entrepreneurship in the home service industry.

    In today's episode, Paul discusses:

    • Businesses often run out of cash despite high revenue due to structural issues.
    • Pricing strategies must be mathematically sound to ensure profitability.
    • Predictability in cash flow is essential for business stability.
    • Understanding true labor costs is vital for accurate pricing.
    • Sustainable growth is more important than simply increasing revenue.

    This is not a motivational podcast. This is not a tactics show. And it's not for everyone.

    If your business looks successful on the outside—but feels tight, stressful, or unclear underneath—this podcast is for you. If you want to be interviewed on the podcast email me at [email protected]

    23 min
  • 085: This Podcast Is No Longer for Everyone with Paul Maskill

    Most $3–10M home service businesses don't fail because of effort, marketing, or sales.

    They fail because the numbers are lying.

    Revenue looks strong. The team is busy. But cash is tight, stress is high, and the business feels fragile underneath.

    This episode marks a clear shift in the direction of this podcast.

    Going forward, The Turnaround Boardroom is a boardroom-level conversation about financial pressure, margin breakdowns, cash flow, debt risk, and valuation—inside real $3–10M home service businesses.

    You'll hear: • Conversations with owners who are still under financial pressure • Stories from operators who nearly lost their business and rebuilt it • Insights from lenders, CFOs, and turnaround professionals who see what actually kills deals behind closed doors.

    This is not a motivational podcast. This is not a tactics show. And it's not for everyone.

    If your business looks successful on the outside—but feels tight, stressful, or unclear underneath—this podcast is for you. If you want to be interviewed on the podcast email me at [email protected]

    12 min
  • 084: Why Most Contractors Get Off the Truck Wrong with David Moerman

    In this episode of the Blue Collar Prosperity Podcast, Paul interviews David Moerman, an accomplished entrepreneur, CEO of Home Service Business Coach, and author of "Get Off the Truck." David shares his expertise in business strategy and offers valuable business coaching to help home service business owners achieve greater freedom and income. Tune in for practical business tips and effective scaling strategies to ensure your business success.

    In today's interview, Paul and David discuss:

    • Why block scheduling is crucial for effective time management.

    • Why creating playbooks is essential for operational consistency.

    • Why business owners need to carve out time for strategic planning.

    • Why not every owner needs to get off the truck; it depends on their goals.

    • How David's book, 'Get Off the Truck,' aims to help business owners scale.

    Ready to transform from a stressed out, uncertain business owner, to a confident, respected CEO with clarity of your financial health? Visit today to book a free call: https://thebluecollaradvisors.com/call/

    34 min
  • 083: From Startup to Multi-Million Dollar Sale with Ryan Lee

    In this episode of the Blue Collar Prosperity Podcast, Paul interviews Ryan Lee, a leading voice in the landscape lighting industry. Ryan shares his 17 years of experience in building and selling a multi-million-dollar lighting business, offering valuable insights into outdoor lighting ideas and exterior lighting.

    He discusses the importance of pricing strategies, understanding costs, and the significance of key performance indicators (KPIs) in driving business success. Ryan emphasizes the power of referrals and effective marketing, as well as the need to build trust with clients to close high-value deals. Tune in for guidance on achieving prosperity in your business.

    In today's interview, Paul and Ryan discuss:

    • Navigating Economic Challenges

    • Understanding Your Costs and Pricing

    • Key Performance Indicators for Success

    • The Power of Referrals and Marketing

    • Closing Deals Effectively

    Ready to transform from a stressed out, uncertain business owner, to a confident, respected CEO with clarity of your financial health? Visit today to book a free call: https://thebluecollaradvisors.com/call/

    32 min
  • 082: What $100M in Sales Taught Me About Sales Strategy with Christian Jack

    In this episode of the Blue Collar Prosperity Podcast, Paul interviews Christian Jack, who shares his incredible journey in entrepreneurship. He discusses powerful sales strategy and sales training that helped him generate over $100 million in sales revenue. This conversation offers practical sales tips and guidance for business development for any blue-collar owner looking to improve their sales process.

    In today's interview, Paul and Christian discuss:

    • Sales professionals can overcome objections by reframing them.

    • Understanding customer perspectives is key to effective selling.

    • Effective communication is essential in sales negotiations.

    • Sales mastery requires adaptability in approach.

    • Sales techniques should focus on perspective shifts.

    Ready to transform from a stressed out, uncertain business owner, to a confident, respected CEO with clarity of your financial health? Visit today to book a free call: https://thebluecollaradvisors.com/call/

    30 min
  • 081: Essential Actions for Business Growth and Development with Jim Kruspe

    In this episode of the Blue Collar Prosperity Podcast, Paul sits down with Jim Kruspe to discuss common business issues that leave small business owners feeling stuck and financially strained.

    Jim, an expert advisor, provides practical business tips and valuable business advice to help owners achieve more profit. This conversation offers clear guidance for running a successful blue-collar operation.

    In today's interview, Paul and Jim discuss:

    • Common Pitfalls for Home Service Owners

    • Hiring the Right Operations Manager

    • Key Performance Indicators for Success

    • Building a Business That Runs Without You

    • Navigating Employee Loyalty and Growth

    Ready to transform from a stressed out, uncertain business owner, to a confident, respected CEO with clarity of your financial health? Visit today to book a free call: https://thebluecollaradvisors.com/call/

    32 min
  • 080: The Big Four Numbers Every Business Owner is Missing with Paul Maskill

    In this solo show, Paul breaks down the big four financial numbers every blue-collar business owner needs to track for consistent, positive cash flow. This episode offers key insights into financial management, ensuring your small business is on the right path.

    By focusing on these numbers, you can achieve profit maximization and maintain robust financial health, giving you clarity and confidence in your business management decisions.

    In this episode, Paul breaks down:

    • Tracking cash weekly to see trends
    • Cash, revenue, gross profit, and net profit
    • Understanding cash flow and profitability
    • Gross profit is a great indicator of pricing
    • Most successful businesses do the basics better.

    Interested in a financial assessment of your company? Book a call here and we'll make it happen: http://thebluecollaradvisors.com/call

    13 min

About Turnaround Boardroom

From the publisher's feed

Most $3–10M home service businesses don't fail from lack of sales.

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