Episode 93

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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
For Trades & Contracting Business Owners Who Want More Profit, More Freedom, and Less Stress
If you run a plumbing, electrical, HVAC, or any other trades business and you’re tired of long hours, cash flow headaches, and pricing battles, this podcast is for you.



Join Tony Fraser-Jones and Phil Smith from Profitable Tradie as they break down straight-shooting strategies to help you make more money, work fewer hours, and get your business running smoothly—without the usual headaches.



We tackle the real challenges every trades business owner faces:
✔ How do I find and keep good techs when everyone is hiring?
✔ What do I do when customers don’t pay their invoices?
✔ How do I charge what I’m worth without getting undercut?
✔ Should I buy or lease my next truck or van?
✔ How do I get my crew to stop scrolling their phones and actually work?
✔ What’s the second easiest way to increase my profits? (The first is hitting play on this podcast!)



We also bring on some of the most successful trades business owners in the world—real people who’ve built multimillion-dollar companies—so you can learn exactly how they did it.



This isn’t just another business podcast. It’s your shortcut to building a highly profitable, well-oiled trades business that gives you more money and more freedom.



👉 Subscribe now and join thousands of tradies and contractors turning their businesses into profit machines.

About your host

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Tony Fraser Jones