Episode 126

full
Published on:

19th Jun 2024

What To Do With Family & Friend Discounts

Family & Friend Discounts. 

There’s something about it that makes us feel good.  

Especially when we use the skills our business offers to give them a valuable service. 

There are so many business owners who sacrifice a little bit of monthly profit to help their family and friends out. 

I just wish more of them knew the real cost... 

Because it’s not just the job profit you’re sacrificing.  

Everybody knows there’s a cost for doing this type of work. 

But It’s scary how few know the full cost. 

Because of that, the guys sat down to record a free training session on learning all the hidden costs. 

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

  1. An understanding of what Opportunity cost is and how it effects your numbers 
  2. The mindset of a business owner who knows the downsides to generosity
  3. A focus on the most profitable jobs 


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.




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

Chartable - https://chartable.com/privacy
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