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EP182: Optimizing Business Growth: Insights from Cary Prejean
Business owners avoid putting down processes because they think it will take too much time and work. They may also be afraid that putting new processes in place will make workers unhappy and mess up how things are done now.
In this episode, Brad and Cary talk about:
- Challenges faced by small business owners in understanding financial statements
- Importance of weekly dashboards and strategic planning
- Frustration points for business owners in implementing changes
- The role of processes and systems in business management
- The concept of talent optimization and attracting A players
- The influence of language and narratives on leadership and employee engagement
Mentioned:
Website: https://strategicbusinessadvisors.org
Social Media:
- Facebook - https://www.facebook.com/CFOconsultingLA
- Instagram - https://www.instagram.com/cfoconsultingllc54/
- LinkedIn - https://www.linkedin.com/in/caryprejean/
Book: OPTIMIZE! - Read the executive summary here.
Previous Media Samples:
Links to Resources:
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Join the Free Facebook Group - The Contractor Profit Blueprint
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197. EP197: Escape the Owner Prison: Richard Walsh's Guide to Scaling and Loving Life
51:55||Ep. 197Being an entrepreneur is a tricky and ever-changing road that requires a careful balance between growth and control. Richard Walsh, a senior entrepreneur and former Marine, says that becoming an entrepreneur is more than just starting a business. It's also about learning how to grow operations while remaining in charge of your personal and professional life.In this episode, Brad and Richard talk about:Richard's background in the construction industry and his transition to coachingThe importance of identity in business and how to shift from being a craftsman to a business ownerStrategies for systemizing your business to ensure sustainable growthThe significance of setting a clear vision and exit strategy for your businessHow to attract and retain A players in your team and the difference they can makeMentioned:Facebook: http://www.facebook.com/richard.walsh.9231Instagram: http://www.instagram.com/sharpenthespearX: http://x.com/sharpenthespearameLinkedIn: http://www.linkedin.com/in/richard-walsh-866ab237Website: https://sharpenthespearcoaching.com/Links to Resources:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comHelp us get the word out to other contractors by leaving us a review or sharing our podcast!196. EP196: Building a Strong Team Culture in Construction with Dylan Milroy
49:32||Ep. 196It's impossible to say enough about how important it is to build great teams in today's competitive business world. Good leadership is key to creating a setting where teams can thrive, generate new ideas, and reach their goals.In this episode, Brad and Dylan talk about:Importance of vision and values in hiringStrategies for attracting and retaining talentThe significance of emotional intelligence in leadershipInsights on creating a supportive work environmentThe role of virtual assistants in business operationsPlans for growth and expansion in the companyMentioned:Linkedin: http://www.linkedin.com/in/dylan-milroy-5b8ba395/Links to Resources:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comHelp us get the word out to other contractors by leaving us a review or sharing our podcast!195. EP195: Creating a culture of growth: An interview with Ryan Rigterink
43:29||Ep. 195These days, employers place a premium on candidates' "soft skills" more than ever before. The storyline surrounding hiring is changing as companies aim to build teams with employees who are not only technically proficient but also demonstrate reliability, motivation, and character.In this episode, Brad and Ryan talk about:Ryan's journey into leadership and recruitmentThe importance of purpose management in hiringCommon mistakes employers make when hiring younger generationsShifting from resume-based recruiting to future-oriented insightsThe significance of character and motivation in hiringCreating a culture of psychological safety and feedbackIntroducing WorkGaze: a platform for personalized career pathsMentioned:LinkedIn:https://www.linkedin.com/in/ryan-rigterink-1596107/Websites:https://www.leadersops.com/https://www.workgaze.com/Links to Resources:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comHelp us get the word out to other contractors by leaving us a review or sharing our podcast!194. EP194: Transforming Onboarding: How Servecraft Sets New Employees Up for Success
36:46||Ep. 194Businesses are always looking for new ways to draw and keep good employees in today's competitive job market. One of the best ways to do this is to mentally invest in new employees. Employers can encourage loyalty, raise job satisfaction, and eventually keep more employees by putting an emphasis on emotional investment during the onboarding process.In this podcast, Brad and Servecraft talk about:The mission and structure of Servecraft and its subsidiary companies.Insights into their unique onboarding process, including the famous "swag table.The importance of making new employees feel valued and prepared from day one.How social media, particularly TikTok, has become a powerful recruiting tool for their company.Tips on how to identify the right candidates and foster a positive company culture.Mentioned:Websites: https://servecraft.com/https://crownmechanical.com/Email: info@servecraft.comFacebook: https://www.facebook.com/profile.php?id=61554477282955Instagram: https://www.instagram.com/serve.craft/LinkedIn: https://www.linkedin.com/company/servecraft/TikTok: https://www.tiktok.com/@crownmechanicalLinks to Resources:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comHelp us get the word out to other contractors by leaving us a review or sharing our podcast!193. EP193: Mastering Labor Efficiency with Greg Crabtree
55:08||Ep. 193Financial knowledge is not merely a benefit in entrepreneurship; creating a strong and successful company is necessary. Even if many entrepreneurs are passionate about their goods or services, they frequently ignore important financial aspects essential to long-term success.In this episode, Brad and Greg talk about:Understanding gross margin vs. revenueThe importance of labor efficiency ratiosStrategies for maintaining profitabilityNavigating inflation and market changesThe future of the construction industryMentioned:Simple Numbers, Straight Talk, Big Profits!https://gregcrabtree.net/books/simple-numbers-straight-talk-big-profits/Website: https://gregcrabtree.net/https://www.simplenumberscri.com/LinkedIn: https://www.linkedin.com/in/greg-crabtree-simple-numbers/Links to Resources:Grab Brad's tell all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comHelp us get the word out to other contractors by leaving us a review or sharing our podcast!192. EP192: Scaling Success: How Mike Andes Built Augusta Lawn Care into a Franchise Powerhouse
01:00:01||Ep. 192Franchising is often viewed as a straightforward path to business expansion, where a successful model can be replicated across various locations. However, Mike Andes pointed out that the path to profitable franchising is far from straightforward. It demands meticulous planning, a deep understanding of the franchisor-franchisee relationship, and strong support systems to ensure mutual success.In this episode, Brad and Mike talk about:Experiences in franchising, including challenges and strategies for success.How Mike implemented a P4P system to incentivize employees and improve efficiency.Importance of focusing on the right aspects of business at different growth stages.Insights into why many home service businesses struggle to reach $1 million in revenue.Mentioned:Website: https://www.mikeandes.com/Youtube Channel: http://www.youtube.com/@MikeAndes/videosernameFacebook: http://www.facebook.com/themikeandes/ameInstagram: http://www.instagram.com/themikeandes/nameTikTok: https://www.tiktok.com/@mikeandes?lang=enUsernameLinks to Resources:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comGet the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.A complete Done-With-You Program - Join the Profit Club Join the Free Facebook Group - The Contractor Profit BlueprintGet Paid for Estimates - Free Sales GuidePlan Your Profits - Profit JournalHelp us get the word out to other contractors by leaving us a review or sharing our podcast!191. EP191: Building a Legacy: Jordan Daneker's Journey from Lawn Care to Evolve Design Build
01:03:21||Ep. 191In entrepreneurship, the path to success is often paved with hard work, resilience, and an unwavering commitment to personal and professional growth. Jordan's story, of transitioning from paramedic to successful lawn care entrepreneur, exemplifies how dedication and adaptability can lead to unexpected success.Brad and Jordan talk about:Jordan's journey from lawn care to design-buildImportance of employee engagement and creating a positive work environment.Insights on scaling a business while maintaining quality and employee satisfaction.How social media builds client relationships and enhances brand trust.Jordan's background as a high school dropout and his rise in the construction industry.Mentioned:Follow Evolve Design Build on Instagram: https://www.instagram.com/evolve_design_buildLinks to Resources:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comGet the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.A complete Done-With-You Program - Join the Profit Club Join the Free Facebook Group - The Contractor Profit BlueprintGet Paid for Estimates - Free Sales GuidePlan Your Profits - Profit JournalHelp us get the word out to other contractors by leaving us a review or sharing our podcast!190. EP190: Comprehension is Key: Tailoring Your Communication for Success
39:21||Ep. 190Open and honest communication is the key to having healthy personal and professional interactions. It's not enough for the information to get through; the person who gets it must also understand it. The goal of good conversation is to understand each other. Changing communication methods to fit different ways of learning is very important.In this episode, Brad talks about:The importance of comprehension in effective communication.Discuss the four main learning styles: visual, auditory, kinesthetic, and reading/writing.How to adapt your communication style to meet the needs of different team members and clients.Real-life scenarios illustrating the impact of learning styles on communication.Tips for developing training materials that cater to all learning styles.Introduction to "The Contractor Profit Blueprint" and its benefits for contractors.Mentioned:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comLinks to Resources:Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.A complete Done-With-You Program - Join the Profit Club Join the Free Facebook Group - The Contractor Profit BlueprintGet Paid for Estimates - Free Sales GuidePlan Your Profits - Profit JournalHelp us get the word out to other contractors by leaving us a review or sharing our podcast!189. EP189: Why Turning Off the News Can Boost Your Business Mindset
37:21||Ep. 189Unpredictable as it may be, change can be a driving force in one's growth and development. Adapting to new circumstances shows how our reactions to changes in life shape who we become. A key component of personal growth is accepting that change, no matter how unpleasant, is an unavoidable part of living.In this episode, Brad talks about:The slowing construction market and its implicationsThe impact of fear-mongering in the newsThe importance of building a brand and marketingEmerging technologies in the construction industryOvercoming the scarcity mindset and embracing feedbackIntroduction to Brad's new book, "The Contractor Profit Blueprint"Mentioned:Grab Brad's tell-all book: The Contractor Profit Blueprinthttps://thecontractorprofitblueprint.comLinks to Resources:Get the blueprint to create financial freedom & more free time before burnout or bankruptcy happens.A complete Done-With-You Program - Join the Profit Club Join the Free Facebook Group - The Contractor Profit BlueprintGet Paid for Estimates - Free Sales GuidePlan Your Profits - Profit JournalHelp us get the word out to other contractors by leaving us a review or sharing our podcast!