Episode 107

full
Published on:

7th Feb 2024

How To Take An Unprofitable Business And Make It Worth Millions

“The stress of facing financial disaster is crippling” 

The man who told me this had a good business from the outside. 

1.5 million in revenue and 8 staff members. 

But behind closed doors the business was losing money hand over fist.  

And the owner, Luke, didn’t know what to do. 

But he was different. 

18 months on, his business has doubled its revenue and now has a net profit of 25%. 

I sat down with Luke to uncover the secrets of how he turned everything around with no experience. 

 

WHAT YOU’LL GAIN FROM LISTENING TO TODAY’S PODCAST: 

  1. Learn how getting ontop of systems makes more business more profitable 
  2. An understanding of how working off the tools can take your business to the next level  
  3. Recognize the power of managing others  

LINKS MENTIONED IN THIS EPISODE:

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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