Reshaping Success: How a Contractor Switched From Resistance to Action | Tim Brown
Manage episode 409941548 series 3292047
EPISODE 207: A lot of home improvement business owners find themselves focusing on the wrong things, which ends up costing them time and money in the long run.
Many of us (past me included) know this, but are resistant to change. And so, we end up feeling trapped in a place where we’re overworked, stressed out, and not paid enough. Because of that, we also end up not being able to dream big and truly have the life we deserve.
To make big changes and pull ourselves out of the direction we’re already headed down, a mindset shift is a must. And no one knows this better than this week’s guest on the podcast, Tim Brown.
When Tim took over his family business, a rain gutter company, he could barely make any profit. In fact, as he himself says in this episode, they were never really profitable.
Tim then focused too much on top-line growth. Yes, he was diversified, but some of the services he offered weren’t profitable enough.
To change this, Tim finally made a monumental shift. Over the years, he had been attending many different industry events and working with mastermind groups like The Wealthy Contractor Success Society, but he decided he wasn’t going to be just a “learner” anymore. Instead, he was going to become a “doer”.
This one mindset flip – and deciding to become profitable – changed everything for him and his company.
In this episode, Tim and I will be going over his journey and discussing a number of important subjects, such as:
- The importance of being strategic when trying to expand your services,
- How the transition from focusing on revenue to prioritizing profit helped him turn his small business into a multi-million dollar enterprise,
- The importance of listening to experts and keeping an open mind,
- Why participating in mastermind groups is one of the best decisions he’s ever made,
… and more!
Are you ready for this thrilling conversation?
Then tune in now!
Key Takeaways:
Introduction (00:00)
Meet Tim (01:01)
Back to the past (04:44)
How to live as a business owner (11:47)
What it means to decide to be profitable (19:02)
What will the life that you want cost you? (27:47)
Additional Resources:
⚡ Learn more about us: https://www.TheWealthyContractor.com/
⚡ Learn more about The Wealthy Contractor Success Society: https://www.TheWealthyContractor.com/SuccessSociety
⚡ Brian’s book, The 7 Secrets To Becoming A Wealthy Contractor, is now available. Visit https://www.TheWealthyContractor.com/ for a free copy (just pay shipping).
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LinkedIn: https://www.linkedin.com/company/TheWealthyContractor/
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The Wealthy Contractor is a podcast for home improvement professionals who want to grow their business, work less, and make more money. Follow us for more!
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