Episode 82

Published on:

18th Aug 2023

Learning from Loss: The Untold Benefits

Failure is the opportunity to begin again more intelligently.

Henry Ford said that.

Now I'm guessing you wouldn't label Henry Ford as a failure?

But in Henry's time he failed A LOT.

So has Tony.

And so have you.

But we're not outright failures just because we have chequered business pasts.

In fact the opposite.

What sets us apart is our ability use losses and challenges to fuel us and set us on the path to success.

Phil and Phil know that mindset is make or break in business.

So they sat down and recorded this episode on it.


  • Learn to apprciate how life is always working in your favor
  • Adapt on the fly and come out of a downturn better off
  • Learn to embrace the opportunity which failure provides
  • Pick up managerial skills crucial to business owners


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