EP70: How To Get Off The Crazy Cycle
Where you’re at in your business is 100% up to you. Listen to learn how to get out of the Crazy Cycle today and create the business you want! In this episode, we talk about… Defining what the Crazy Cycle is and why you must get out now Common mistakes contractors make with pricing Why charging more money is an easier way to run a business Create the business you want that will support the lifestyle you want The importance of having a growth mindset vs. limiting beliefs 3 Different types of people classes and mindsets in a recession: 1. People who love recessions-opportunity to buy everything at a discount 2. People who are scared of recessions- won’t want to spend a dime on anything 3. People with an abundance mindset- don’t care about price because they have money to spend regardless of recession Stop finding a price that works for the customer. Find customers that work for your price. Why job costing, knowing your numbers, and 50% gross profit is key to a successful business Why you must charge a 100% markup to have the business you want Remember: As you elevate your prices, elevate your customer experience as well Benefits of joining the Profit Club and using the Profit Sales System Challenge: Add 10% to your next job bid and see what happens Links to Resources: Learn how to better manage pressure in the Profit Club – www.hammerandgrind.com/theprofitclub (http://www.hammerandgrind.com/theprofitclub) Discord - https://discord.gg/jd3yX6crQ8 Facebook group - https://www.facebook.com/groups/thecontractorprofitgroup Facebook – https://www.facebook.com/hammerandgrindpodcast Instagram - https://www.instagram.com/hammerandgrindpodcast/ Website – www.hammerandgrind.com (http://www.hammerandgrind.com/) Help us get the word out to other contractors by leaving us a review or sharing our podcast! Hosted on Acast. See acast.com/privacy (https://acast.com/privacy) for more information.
