Episode 93

full
Published on:

1st Nov 2023

How To Ruin Your Business In 5 Simple Steps

We're always focusing on how we can improve our businesses.

Ad in doing so we look towards all the tips and knowledge we've received down the line.

But today we're switching it up.

In striving to be the best, it's easily to lose track of the fundamentals.

And just like in the trades, if you ignore the fundamentals your work will be no good.

But there's a catch. I find that quite often these sorts of lists are obvious.

You get the classic "Step 1: Do good work".

And you read it thinking, I can't believe some journalist is getting paid to write this garbage.

So I've decided to base my list on things which I see trades business owners do ALL the time.

And the reason they do it is because nobody is saying you shouldn't.

You might even find you're guilty of a few yourself

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

  • Learn which attitudes let down trades businesses
  • Uncover why popular beliefs of business owners can get them into serious trouble
  • Put yourself mentally above the competition and outgrow them
  • Reflect on your current leadership and ownership style and see if it is best for the business and for your pocket

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



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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

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Tony Fraser Jones