Tuesday Jul 30, 2024
12 Daily Habits of a Multi-Million Dollar Business Owner
Have you ever wondered about the daily habits of a million dollar business owner? This episode is loaded with insights and actionable tips for implementing daily activities that will grow your business without costing your personal life. Learn about the importance of self-care, staying focused on goals, and building a robust sales pipeline. Join host Adam Sylvester, and Tom Reber of The Contractor Fight.
(00:00) Introduction to the podcast and guest.
(01:09) Explanation and overview of an ‘FW’ day, and the good habits of a successful business owner
(02:05) Personal activities, and the impact of self-care on business success
(03:28) Put your eyes on your goals daily and intentionally focus on where you want to go
(05:23) Do something to build your sales pipeline, like warranty calls or creating your own content.
(07:46) Personal practice of calling customers throughout the year to check in, demonstrating the value of personal touch in business.
(08:48) Complete daily profit activities, like team training, job costing, or having a tough conversation with clients or employees
(11:57) The difference between taking a salary as an owner, and profiting from the business
(12:44) Why completing quality, profitable jobs will help your clients in the long run
(14:52) Using Jobber to improve efficiency and customer satisfaction
(16:03) How tracking metrics and analyzing data can help you form or break habits
(19:27) Mistakes business owners make on the quest to being habit-driven
(20:55) Importance of a pre-qualification process for prospects to avoid wasting time and resources
(22:55) The five-step pre-qualification process used to ensure you’re working with the right clients
(27:35) Adam’s key takeaways: Do personal activities everyday, eyes on your goals, salary and profit draw are different things