The Seven Deadly Sins of Building A Contractor Business

There are several issues that contractors face that hinder them from having a successful business. Many contractors fail in the word go because of their mindset getting in the way of future success.

this image shows a contractor while at work

Every action is presided by thoughts. When you think that an idea is unimportant, the more you will lose opportunities. The way you think of your business will determine the direction of your business. The way you see the problems in your business is the fundamental problem. As a contractor, these are the things that can hinder you from a successful business.…

Masters in the Business Podcast: The Restaurant Business

To start and run a restaurant business you first need to have your way and goals.

Finding great people in your business. It is not difficult to find great people. Actually, everybody is great in their own ways. As an entrepreneur, all you need to do is treat them right, and inspire them to grow and learn. Care about them on a personal level. Avoid pressuring them to work long hours, always giving them time off. This will allow them to reciprocate into delivering quality services. They will have a good attitude towards their jobs.

Build a successful restaurant by doing the following

Putting Your Employees First

The customer should come second. As a leader, always put your employees first before the customers. Satisfied workers will take care of your customers. The people you have a direct relationship with are your employees who intern have a close relationship with the company customers.

this image shows a restaurant business

Build a corporate culture. Macromanage your organization where all employees are free to make a decision on behalf of their superior, as long as it is for the good of the business. Value every employee’s input and listen more to ideas.

Know what you are managing

As a manager, you should begin by knowing all the work in a restaurant from the chef, waiters/waitresses, learn about food. Being a manager means you are managing what you already know. This will help you manage from a subordinate point of view.

How do you deliver quality service?

Quality of food and spectacular services are equally important.…

How to Stay Relevant and Adjust to the Change in the Construction Industry

this image shows scaffoldings use for construction

It is difficult to implement changes. Changes are inevitable in the construction industry especially in terms of efficiency with the growing technology.

Innovation can be equated to productivity gain. The gains in contractors companies are more efficient gain that innovation gain. In the construction industry, innovation is far much behind which makes it gain much less than other type of companies.…

Macromanage Efforts and Micromanage Results (The Contractor Coach Cast)

Leadership Management Style Today

Micro-managing is where a manager controls every aspect of tasks to be done and how they should be done. This type of management is usually associated with negative effects on business.

There are times for telling your employees do this or that and other times to let go and let them have a little space

Guiding Everything They Do

A good manager will be checking them now and then, but when managing people’s activities, if you focus on macro managing the efforts, then we micromanage the results. This means that you only give directions of the intended results and leave the subordinates to do their work however way they see fit as long as the purpose is achieved. Micromanaging results will not destroy your employee’s freedom. We had the chance for this podcast to talk with Corona Concrete And Masonry to get more intel on how they don’t micromanage employees for important projects.

this image shows the leader of the business doing micromanagement and macromanagement

What is Going on With Contractors?

A lot of stuff is going-on on social media about contractors that if they are up to defending their profits there will be a lot less struggling contractors. The perception that contractors make more than 35% profit is rolling around social media. We spoke with a concrete contractor in Escondido to get more information on why this is. So if you as a contractor are still struggling, here are the possible reasons why:

this image shows what is going in with contractors
  • Getting poor training – Where contractors get their training can have a great effect on how they carry on with their business. If trained by the wrong person, you will end up struggling to find your way up the industry.
  • Know your numbers – Know what you are doing and the charges you should be charging so as to obtain the maximum profits.

To thrive in the contractor’s industry you need the following…

Building A Solid Contractor Business (Remodelers Podcast)

this image shows building a solid contractor business

For any business to prosper and stay in the market, you got to keep going even when things are not good. Pay attention to where people’s attention is. In your line of business, where are your potential customers? Ideally, if you are in the line of home remodeling, know where these homeowners are.

You cannot do everything in your business from running a business, marketing, project management etc..For your overall time, 90% of it may be working in the business, where 10% can be spent on the business like marketing.

What you need to do is put more effort into one thing and drive it to perfection.

Stay Focused

Where do you put your focus on your contractor business?…

Home Maintenance, Repair Service Company Automation, and Technology

this image shows home automation repair and service company automation technology

This type of contractor business involves several repetitive tasks on a daily basis because most of the projects are similar depending on the trend of a certain period.

In this era of technology, you can use technology to solve almost every issue in your business. Technology has come to help with things that you may not like all you need to do is get a software program to do it for you. In this article, we discuss automating tasks and the effects they have on your business. The only thing required of you is to distinguish which tasks need to be automated and the ones that need staff intervention.

Benefits of  Automating Technology

Automating tasks will require only some time to know how different software works but after that, there are a lot more benefits such as:

  • Eliminate possible mistakes that can be made by human error
  • This technology also saves on resources that otherwise could be used
  • It also saves on time from the task you would love to do

Sample of Automated Tasks

Lead capturing, Nurturing and Scoring

Most businesses today have their websites where they get prospect leads and aim to convert them to customers. Using an automation software helps sales representatives guide potential buyers step by step to the end of sales. They are also able to guide you to the leads that can covert faster.

Engaging New Contacts 

These can be potential customers or business partners. Constant contact with them can build you a strong rapport.…

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