61 min listen
TCF465: Contractor Q&A: What should I do if I'm losing passion for my business?
TCF465: Contractor Q&A: What should I do if I'm losing passion for my business?
ratings:
Length:
29 minutes
Released:
Jan 6, 2022
Format:
Podcast episode
Description
Listen in as Tom and Dan answer your questions about how to be a better and more encouraging leader, what should you do if you're losing passion for your business, how to find skilled people, what should be your GP when you're new to the business, what action you should take when you find out one of your staff members is using office time, utilities, and resources to work on other projects, and is it necessary to have the logo and the website to do your business. In this episode, we talk about… Question 1: Can you give any suggestions on courses to be a better, more encouraging leader in my business? Check out anything by John Maxwell—the guru on leadership Read Winning the Contractor Fight book by Tom Read Uncommon Leadership book by Ben Newman If you want to be a better leader, be the example Put yourself in the shoes of a past leader Question 2: What should I do if I am losing passion for my business and finding it difficult to hire skilled employees? Figure out what you like about your business Be positive, and then start spreading your business Whether you find people or not right now, start having fun yourself in the business and finding ways to win. Put on your own job fair Build your brand consistently Have a careers page on your website Question 3: When you're new to the business, do you start off at 50% GP or punish yourself for a couple of decades undercharging until you're in trouble? It's much easier to have conversations with new customers than with old clients. Position yourself as not the cheap guy Build your brand the way you want it to be right from the start Question 4: What do you do when you find out that one of your staff members uses office time, utilities, and resources to work on other projects? Figure out what your employee handbook says. Explain clearly during onboarding that company resources and time cannot be used for side projects Before you take any action, find out why they are doing that. Question 5: Is it essential to have the logo and the website to do the business? If you're going to have a real business, it's very important to have a real company identity, branding campaign, and strategy. If you are a company, you need to be branded. You're irrelevant if you're not out there branding and marketing your business and telling a story. Resources: Visit our sponsors of this episode, NiceJob. NiceJob is Reputation Marketing software that will help your business collect 2-3 times more reviews on Google, Facebook, and the platforms that matter. Don’t forget to use code “Fight” for $50 off the first month on new accounts! https://www.TheContractorFight.com/nicejob == Get your questions answered and connect with other contractors building stronger businesses in The Contractor Fight: https://thecontractorfight.com/facebook == Join us in BATTLEGROUND == Everything your contracting business needs in one comprehensive program with three main focus areas: Leadership, Communication, and Numbers. For more info check out: https://TheContractorFight.com/Battleground == Get your free copy of Tom’s book Winning the Contractor Fight (Just pay to ship) == https://thecontractorfight.com/book == Grab the Gear == https://gear.thecontractorfight.com/ == Find Us on Social Media == YouTube: https://www.youtube.com/c/TomReber Instagram: https://thecontractorfight.com/ig Live Unafraid Swag: https://thecontractorfight.com/unafraid The Contractor Fight is the ultimate resource for becoming an uncommon contractor! Pick a fight with mediocrity. Live Unafraid.
Released:
Jan 6, 2022
Format:
Podcast episode
Titles in the series (100)
SP EP03 Renaissance Man Made in Thailand (with American Parts) : Adam Mock: The Strongpreneur Podcast: Entrepreneurship / Small Business / Personal Development / Strength by The Contractor Fight with Tom Reber