Episode 80

full
Published on:

4th Aug 2023

The Unbelievable Bad Effect of Rework on your Business

Mistakes are bound to happen from time to time. There are some howlers for sure. Like someone not installing a drain correctly in an upstairs bathroom.  Free shower downstairs. 

And I don’t think they can ever be avoided 100%. 

But most owners don’t understand the financial implications of mistakes that require rework to be done. 

The financial mistakes are huge and they can be calculated.  But there are a bunch of other down stream issues that result that are harder to figure out. 

If owners understood the real cost they would spend more time getting their teams working well and focusing on get it done right the first time.

WHAT YOU’LL GAIN FROM IMPLEMENTING TODAY’S PODCAST:

  • An understanding of all the costs that you'll face from doing callbacks.
  • How to motivate your staff to get the job done right the first time of asking.
  • How to specialize your workload to make your business more efficient and profitable.
  • An understanding that taking more time to do the same job is actually more profitable.


LINKS MENTIONED IN THIS EPISODE:

Thanks for joining us this week. Want to subscribe to The Profitable Tradie Podcast? Have some feedback you’d like to share? Connect with us and leave us a review with a 5-star rating. If you think that’s too high, tell us why that is, we’d love to hear from you! Just shoot me an email with the word ‘PODCAST’ in the subject line to tony.fraserjones@profitabletradie.com



This podcast uses the following third-party services for analysis:

Chartable - https://chartable.com/privacy
Next Episode All Episodes Previous Episode

Listen for free

Show artwork for The Profitable Tradie Podcast

About the Podcast

The Profitable Tradie Podcast
How to build a profitable Plumbing, Electrical or similar business that gives you the time, money and freedom to enjoy life.
Are you the owner of a Plumbing, Electrical, or similar service business and looking to increase your profits and regain your freedom?


If you answered yes to any of the above then follow/subscribe now, this is the podcast for you!

Presented by Tony Fraser-Jones and Phil Smith from Profitable Tradie. We dive into what it takes to build a profitable trades business that gives you the time and freedom you deserve.

We touch on topics like...
- How to hire decent tradespeople.
- What to do when clients don't pay their invoice.
- How to get around people beating me down on what I charge.
- Should I buy or lease my next van/truck?
- How to get my team to get off their phones and be motivated for work.
- The second easiest way to increase your profitability.

Along with sharing a ton of free resources so you can get started on what we're discussing right away!

We also talk with some of the world's most successful trades business owners and learn how they took their businesses from mediocre to multimillion.

In short. We don't know what we don't know.

Subscribe/follow now and join the global community of Profitable Tradie

About your host

Profile picture for Tony Fraser Jones

Tony Fraser Jones