Episodes
37:54

EP70: How To Get Off The Crazy Cycle

Tonight's Episode

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

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

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