Some of you, if I just read these off, like if you came to me and was like, Brad, I want to start a business. And I said, okay, cool. These are things that are going to happen to you. Is that what you want to do? And they're going to be like, nope, screw that. Maybe I don't want to start a business. And that's okay. Not everybody is cut out for owning a business. This is the part I'm trying to drive home. Owning a business is not all glitz and glam. It's not all Lambos and mansions. Yes, that stuff happens. Yes, it will come to you. But most of the time people break before they get to that point. They break, they quit, they give up because they just can't continue to deal with that struggle. When it's every single day, you know, when these things happen and that's just like in one year of business, all of these things happen to you, you know, or a couple of years in business. That's a lot guys. That is a lot of things to deal with. And if you don't have the mental fortitude, If you don't have a strong mind, it will break you. It will absolutely break you. Stage one is uninformed optimism. Stage two is informed pessimism. It means you've been doing it long enough that these things are starting to happen to you, but you're not making money and you start to see this light of, holy crap, this is hard work. I don't know if I'm ever going to make money. It's just all doom and gloom all the time. That's informed pessimism. And then you get to the valley of despair. This is stage three. Valley of despair is where people jump off the train. They quit because it's literally despair. You know, it's like being lost in the desert and you look around everywhere and for hundreds of miles, it's just desert. And you don't know which direction to go to get to the closest civilization. You just give up. You're like, what's the point? No matter which direction I go, I'm going to die. That's the valley of despair. That's the point when people give up in their business. What's interesting about this. is that most entrepreneurs have had six to seven failed businesses before they actually find one that works. And whenever you start a new business or a new venture, guess where you start at? You start at uninformed optimism. I'm going through this right now. I am in uninformed optimism because I'm looking at starting a new business for my son who wants to learn about business. And so we are looking at getting into the vending machine business. Just having a few machines. We're not going to get rich off of it. The purpose of this business is not to grow it and have this huge business. It's for my son to learn how business works. For him to go work and fill the machines and get that experience. To understand markup and all that stuff. This is a business to teach business, if that makes sense. But right now, I am in uninformed optimism because I don't know anything about the vending machine business. By the way, if any of you have that, if you have experience, please let me know. Please reach out to me and tell me your horror stories and what I should be expecting. Now, I'm not going into this blind. I've done some research, but no amount of research is going to actually prepare you for what's about to happen. I am in uninformed optimism. Even though I may be more informed about business and problems, I'm still uninformed about the whole scope of problems. I'm living in uninformed optimism right now. Now we haven't a hundred percent decided to do this, but we're getting very close to making that decision. Right. And I'm sure I'll, I'll have some information and share some of those things if we do that for my son, by the way, my son's eight. So he's eight years old. He wants to learn about business. I'm going to do everything I can to help him learn about that because I didn't have anyone speaking into me about business when I was a little kid. And I wish someone did. I really wish someone did. I actually started a lawn care business when I was 16. I'm still in high school. And, you know, I have my own routes, cut the grass. I made okay money for that age, but no one spoke to me to keep doing it. I wish someone had said, Brad, keep doing this because it's going to pay off for you. Nobody did. And I ended up quitting after, after a couple of years of doing it because I didn't think it was going to go anywhere. Right. So that's why I'm trying to set this up for my son. And I'm trying to also be realistic about this. Like. I want him to have failures. I want him to have sacrifices. I want him to realize like, we had this conversation yesterday. I think I was like, son, if we do this, you realize that like after school, we have to go fill the machines before you get to go play with your friends. Like you don't just get to do whatever you want. And then whenever you want to do this, you can like there's responsibilities. And so like, that's again, teaching these moments for him. So this stuff happens, all the stuff I mentioned, which by the way, Everything I mentioned before that can happen to you actually happened to me. Every single one of those things happened to me. I went through all of them and that's not everything. That's just a random selections of things that happened to me. You're going to have struggles. If your why is not strong enough and you don't want to do this, you're going to have struggles. Now, here's the part of the episode where it starts to help you and why I want you to hang out. You have to make money. You have to have a profitable business in order to keep these things that I listed from breaking you. Because I promise you, if you're like, I got to pay a bunch of bills in the morning. I haven't had work for two weeks, right? I've been paying my guys to sweep the shop for two weeks because the jobs aren't coming in. We're not making sales. But I have $50,000 or $100,000 in my emergency fund for my business. That is a different feeling than I have $1,000 in the bank and I have to do this. Those are two different worlds. When you're profitable, you can solve these problems without the added stress that goes with it. Now, not everything. If your lead guy texts you that he's not coming in and you don't have anybody that can step in, yeah, you're going to have to fill in that day. But when your motor blows up and you can go write a check, it doesn't matter. Right. And you have the money. It doesn't matter. Does it, is it fun? No, but you can show up to these problems with money and not be stressed about what has to happen. When you have money, you can solve a lot of these problems and prevent them from happening. When you have money, you don't have to miss kids activities because you can schedule estimates and onsite consults. During working hours, because you're not on the tools, because you're making enough money to hire good people to pay them well, to deal with those problems that you don't have to. You know, I remember distinctly one time we were moving stuff in a, in the shop. And one of my guys just, you know, haphazardly grabbed something that was next to a bag of tile stuff. And I had a, I had a, I think it was a 25 pound bag of power grout, brand new bag for a job coming up. He grabs it, rips, It actually, I take it back. It was a return. It was extra. It was going to go back to the store. He grabs it, rips the bag, $50 down the drain. Like, cause you can't return it. Those bags cost 50 bucks or at least they did. Like, and I remember like getting upset because like, dude, you just, you just wasted $50 right there. Now nobody likes, again, nobody likes eating money, but if you have money in the bank, it's like, oh, well stuff happens. You know, let's make sure it doesn't happen again. If you don't have money and every dollar that's spent, it hurts. I mean, it hurts. And when you lose 50 bucks or $200 or you buy a brand new tool and they break it or lose it on the second day you have it, that stuff stings. It hurts. Like financially, it hurts you. It's like basically stealing from your family when you don't have money. When you have a profitable business, you can keep a lot of these things from happening. And if they do happen, it doesn't bother you because you have money. You have to have a profitable business. It's a non-negotiable, guys. I know some of you think that, oh, I do it because I love it. And I'm not trying to rip people off, Brad. I just rather have a charity and do things for people at a discount than actually make money because I don't need much money. I live in a... in a conversion van and I have a 1982 Ford that I drive, I don't need much money. So I go do work for people and only charge them 15 bucks an hour. If that's you, you do you. That is not a business. I mean, you literally are running a charity, right? Think about this for a second. Let's say that you, you want to live in a van down by the river and you want to drive a 1982 Ford pickup. and you only need like $500 a month to live off of. Great. What could you do if you charged appropriately and your business was making, say, $10,000 a month in profit? Now, most people would take that money and use it. But you, because you only need $500 a month to live off of, your business is making an extra $10,000 a month, $120,000 a year. How much good could you do with that money? How many charities could you help out? How many projects could you do for your community? You could do a lot. You could do a lot with that money. But whenever you're only charging someone $15 an hour and you're barely making any money, those people are keeping the money, right? Those clients are keeping that $10,000 a month that you could get. What do you think they're doing with that $10,000? You think they're donating it to charity? You think they're doing good with it? No, they're buying more crap off Amazon. They're buying more expensive vehicles. They're not doing good with that money. They're using it for their own lifestyle selfishly. You could be the person that takes that money and does even better. But for whatever reason, you want to live broke because you think that's like being a martyr for humanity. Guys, business is about making money. I've never met someone who is philanthropic. Is that how you say that? My brain's not working today, guys. You got to give me some slack. Philanthropic people that donate money. I've never met someone who does that, who is not rich. I got newsflash for you. Your $40 a month that you donate to your charity is not really doing anything for them. I mean, it's really not. Most charities are supported through large donations of millionaires and billionaires or, you know, corporations that donate money. That's why you see your local ball fields. It doesn't say Brad's construction, you know, paid for this $10,000. What's the thing you call it? And I'm telling you, my brain's not working today. The scoreboard. It doesn't say, you know, Brad's construction paid for this scoreboard. It says local hospital paid for this scoreboard. Local biggest, you know, insert biggest warehouse or manufacturing company paid for this scoreboard. Because they're trying to offset their assets, their profits, so they don't get hit with big tax bills. They give back to the community. Rich people, rich organizations donate to the nonprofits, not you and your $40 a month. I'm being honest with you. Use money to elevate your life. And then once you elevate your life, reach down and help others do the same. That is how this works. You can't do this in business without making money. You can't deal with all of the stress, all of the problems, everything that happens with owning a business if you're not profitable. I lived through this stuff for many years in business, struggling, barely paying myself money because... quote, I'm trying to build my business and I put all my money back into the business to grow it, which is code for, I really didn't know what the hell I was doing and I'm not making enough money. And so I'm lying to myself every day, looking in the mirror that I'm growing the business so that at some point in the future, hopefully I will make more money. That's what's actually happening here. You're hoping that in the future it pays off. And those of you that live in the Valley of Despair long enough, It doesn't pay off and you quit. But you went through five years of misery to finally quit. Why? Who wants to do that? Every day I talk to contractors like, man, I'm struggling in my business. I'm like, cool, man, come get coaching. Let's turn this ship around and make it worth it. Oh, well, someday, someday I will. Okay. You know what I instantly think? You're going to go out of business. I follow up in six months, a year later, guess what? They close the shops. Why? I don't know. They think it's just going to magically happen someday. Newsflash, there is no someday. There's Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday. There is no someday on the calendar. You guys are lying to yourself. I mean, you really are lying to yourself. If you think this stuff's going to happen on its own organically, it's not. You have to have very intentional, very purposeful direction and goals and insight and knowledge. And you can turn this machine, your business, into a very profitable endeavor for you and your family and your employees. And then once you do that, then you spread the wealth to other people and help them out as well. This is the reality of it, guys. If you just want to be a craftsman and work on the tools, then do that. Don't own a business. You're not going to be able to quote a laugh because I thought this stuff too. You're not going to be able to manage your own schedule. That's the biggest crock of crap you'll ever meet. Entrepreneurs are the only people that I know that will work 80 hours a week just to avoid working 40 hours a week for someone else. And they lie that, well, at least I get to manage my own schedule. Yeah, your own schedule of being a prisoner in your own business. It's like being in a prison, but you can get to tell the guards when you want to eat lunch and take a break and when you want to work. You're still in a prison. Whoever the warden's like, yeah, sure, no problem. You want to eat at 2 p. m. when everything's cold? That's cool. We'll set your food aside and you can eat it cold. You're like, I'm in charge of my own time in prison. That's what entrepreneurship is like when you don't have a clue what you're doing. Guys, this is why I wrote the book. This is why I wrote my book and why it's titled The Contractor Profit. blueprint. It's not titled how to own a glitz and glamorous business. It's not titled how to, you know, build a business that allows you to buy Lambos and mansions. It's not titled that it's titled the profit blueprint because you need profit in your business. And then what you do with that profit is totally up to you. If you want to use it for good, use it for good. If you want to use it for evil, it's going to come back and bite you eventually. That's on you. You know, it's not me to tell you how to use your money, but I promise you your life and your business is a hundred times easier when you have money than when you don't have money. Guys, that's all I got for today. I hope this was helpful. There's positivity on the other side. Once you get through the valley of despair, then you step into informed optimism. You can see the light at the end of the tunnel. I have many clients use that phrase with me. I can start to see the light. Just yesterday, one of my clients was, Like, I'm so grateful for this. You know, I start to see the light for the first time in my life. I can see the light. I can see how this is going to work. And then the last stage is success and fulfillment. That's where you have the success. It's fulfilling. And then you get to, you know, spread that to others. That's the goal. Don't give up in the valley of despair. Ask for help. Right. This is what I hope you guys do. Also. For those of you that are looking for help, but you are on a tight budget, that's why I just launched the Profit Accelerator. It's my brand new coaching program. That's only $97 a month. You get four calls, group coaching calls a month every week. There's a marketing call. We're going to help you with marketing. There's two Q &As. We're going to help you with things that are happening in your business. And then there's a sales training call where we're actually going to teach you how to be good at sales so that you can charge more for your services. There's also a ton of other information. free giveys in there. I'm going to give you a lots of content and training and it includes a free profit audit from me where I look at your estimate. You send me your estimates. You send me your P and L.I look at it. I record a loom and I tell you exactly what you need to do, how to structure your estimates so that you can sell jobs at a higher profit margin and look at your profit and loss and make sure you're not all jacked up with your expenses and things that are going on. That's also included. For $97 a month, once we get to 100 people, the price will double. You have no more. You have excuses of, I can't afford it. I can't afford to get coaching. It's $97 a month, guys. It is way too cheap for the value that you get. So don't wait on that because once again, when it gets to 100, it's going to double in price. If you want more advanced help in your business, that's where the Profit Club comes in. That's where we're really going to dive in and just basically strap rockets to your business. you know, launch you to profits, reach out if you need help. Don't sit in the corner by yourself and think it's going to go away. It's not. Thanks for hanging out guys. You know where to find me on the socials hammer and grind podcast. And remember until next time profits is not a dirty word.