
đ´ Make money. Build wealth. Be kind. đ We help sparkies build generational empires đď¸ 3 x podcasts out weekly
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<p>Making money is easy when you know how. </p><p><br></p><p>The trouble is, sometimes we get busy and conveniently forget the ways to make money.</p><p><br></p><p>The truth is that itâs not that complicated, itâs actually a very simple concept. </p><p><br></p><p>In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: </p><p><br></p><p>-weekly revenue exceeds weekly expenditure (ie profit / loss) </p><p>-the jobs that are starting and finishing every week (ie...

<p>July 1 is coming up, and there really is no better time to consider a rise in rates + margins. </p><p><br></p><p>Today we discuss 7 key items that will help you in your decision. </p><p><br></p><p><br></p><p>Good / Excellent Relationships With Clients Is The Key </p>Can you have hard conversations with your clients? Can you talk money with your clients? If you canât, how strong is the relationship? Life, and business, is all about building relationships A good relationship is built on mutual respect, trust, transparency etc Donât be scared to fill them...

<p>July 1 is coming up, and there really is no better time to consider a rise in rates + margins. </p><p><br></p><p>Today we discuss the pros and cons of considering increases. </p><p><br></p><p>Why you should raise your ratesâŚ</p>Make money. Build wealth. Be kind. It all starts with making money You deserve a market wage + super + a business net profit of 20-35% Youâre currently oncosting yourself as 1 full time position but really you are doing 2 positions (ie 30-40 hours of âvolunteerâ admin work at night time). If you paid someone to do this, you...

<p>Making money is easy when you know how. </p><p><br /></p><p>The trouble is, sometimes we get busy and conveniently forget the ways to make money.</p><p><br /></p><p>The truth is that itâs not that complicated, itâs actually a very simple concept. </p><p><br /></p><p>In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: </p><p><br /></p><p>-weekly revenue exceeds weekly expenditure (ie profit / loss) </p><p>-the jobs that are starting and finishing every week (ie...

<p>Making money is easy when you know how. </p><p><br></p><p>The trouble is, sometimes we get busy and conveniently forget the ways to make money.</p><p><br></p><p>The truth is that itâs not that complicated, itâs actually a very simple concept. </p><p><br></p><p>In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: </p><p><br></p><p>-weekly revenue exceeds weekly expenditure (ie profit / loss) </p><p>-the jobs that are starting and finishing every week (ie...

<p>Business compounding is amazing. </p><p><br></p><p>There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. </p><p><br></p><p>If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

<p>Business compounding is amazing. </p><p><br></p><p>There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. </p><p><br></p><p>If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

<p>Business compounding is amazing. </p><p><br></p><p>There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. </p><p><br></p><p>If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

<p>Business compounding is amazing. </p><p><br></p><p>There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. </p><p><br></p><p>If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

<p>Today Greg Crowe walks us through part 2 of the power of compounding. </p><p><br></p><p>We run through:</p><p><br></p><p>-how compounding works + why it wonât happen overnight </p><p>-why you need to stay positive while youâre in the growth stages of business </p><p>-why you need to understand the obstacles that you are up against so you can fight them head on </p><p>-the common reasons people lose sight of their long term plan </p><p>-how to stay focused + delay gratification and not cash all your chips in on a s...