Do You Suffer From A Profit Shortage At The End Of Each Quarter?
Where'd all the cash go?
You’ve probably noticed…Uncle Sam ALWAYS gets paid.
Your guys always get paid too, and the same goes with your vendors
You’re supposed to get paid too, BUT…
…why do you find yourself plowing cash back in the business so often?
And why do you so rarely get to enjoy the fruits of your labor?
What happened to the profit?
What happened to the cash you were counting on to take the family on a cruise? Or on a trip to the Grand Canyon?
If this question comes up too often for you, don’t beat yourself up about it. It comes up for the overwhelming majority of business owners, not just painting contractors.
And it’s not you, either. Many of the guys who look like they’re killing it are just one bad month away from disaster.
This is “the business of being in business” and even people who graduated with degrees in business management struggle with these issues.
An Entrepreneurial Seizure
As Michael Gerber said in his book The E-Myth, “…most entrepreneurs are not really entrepreneurs as such. They’re really technicians suffering from a sudden-onset, entrepreneurial seizure.”
Many business owners are simply tired of working for someone else, want to own their own business and reap its promised rewards, and then boldly strike out on their own.
Whether they’re property managers, accountants, truckers, lawyers, farmers – you name it – just like you, they all deliver a beautiful end product and a delightful experience to their customers.
But – just like you – most of them started their businesses with no business training. Worse yet, they have no mentors who can help them get the business insights they need.
That’s why only 1 in 25 of them will still be in business 10 years from now.
Hitting The Ceiling
If you’ve found yourself hitting an income ceiling, or never having enough cash to accomplish your business goals, there’s only one reason for that.
You’re not keeping enough profit. Remember, it’s not how much you make, but how much you keep.
But if you don’t have extensive business training, how are you supposed to know what to do about that?
Where are you supposed to find the time to build your business acumen? You’re already wearing way too many hats as it is.
You’re constantly being pulled in countless directions, and by the time you do sit down to puzzle through your profit picture you don’t know where to start.
When will you ever have the time to get this sorted out and still keep your operations running smoothly?
I Totally Get It.
A long time ago in a galaxy far, far away, I used to think it was great to be my own boss. Why, I could put in my 80 hours a week anytime I wanted.
I was routinely at my desk at 0500 every morning, and still working after I put the kids to bed…sometimes as late as 11 or midnight (especially if I had an RFP deadline looming).
Taking calls and running estimates in the evenings and on the weekends.
Fixing galactically stupid mistakes my guys had made…
Constantly getting calls to answer questions my staff could have answered for themselves.
…but I’m preaching to the choir…
Suffice it to say, the whole thing can be very stressful and feel completely overwhelming.
But it doesn’t have to anymore.
Wouldn’t It Be Cool If...
Wouldn’t it be cool if you had an extra brain who’s already solved the problems you’re looking to solve?
How helpful would it be to have an extra set of eyes to distinguish the forest from the trees or the brushstrokes from the big picture?
You can now tap into business wisdom born from 30 years in the trades, 15 years as an owner-operator of a painting company, plus 10 years optimizing business processes in hospital OR’s, emergency departments, nursing units and C-suite offices.
Imagine getting jobs done faster with fewer punch list items and no callbacks (without having to work any harder than you are today).
Imagine creating such exceptional value for your customers that they happily pay you a premium for your service (without having to do any additional work on your jobs).
Imagine profit dollars stacking up in your bank account every quarter, because you’re able to earn the exact profit you want on every job (without having to be an MBA or a financial wizard).
If this sounds like the type of business you want, then we should talk.
But before we talk, I’d like to share a special worksheet with you that will give you a headstart on doing jobs faster with fewer punch list items.
It’s my TIMWOODS guide to reducing business waste, and it’s yours for the asking.
Just sign up for it below and you’ll start seeing exactly where the bulk of your profit is leaking away.
It’s an awesome way to identify and improve work processes to speed up job delivery, enhance your customer experience, AND keep more money in your pocket.
ALL WITHOUT WORKING ANY HARDER THAN YOU ARE TODAY!
After you see what’s possible once you identify all these areas of wasted time and effort, then we can talk about how to make improvements so you can work LESS than you are today.
Enjoy your free guide, and call me with any questions you have about it. My number is (262) 227-7823. I’ll happily walk you through the concepts and their impact on your business.