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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