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I Wish I Knew This Before I Started General Contracting · Contractor Business Builder Podcast

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  Contractors Back in my early days as a GC, running the
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  business felt like driving through thick fog.
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  I was constantly guessing, trying to stay on the road,
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  hoping I wouldn't crash. When I started out as general
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  contractor, I had no idea what I didn't know.
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  Years of trial, error and hard lessons later, I finally found
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  clarity through systems, mindset shifts and hard won experience.
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  If I could roll down the window and yell advice to my past self,
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  here's exactly what I'd say. If you're starting out or even
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  years in, this list will save you pain, money and time.
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  Here it is. SO50 lessons of business wisdom
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  from the last 20 years. Number one, work hard or your
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  hard work will pay off. You just need to stick to the
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  plan #2 understand your clients is the most important part of
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  marketing. Understanding your client #3
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  revenue is vanity, profit is sanity #4 systems will set you
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  free. Number 5, when things are going
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  well, plan for hard times. Number 6IN hard times, focus on
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  fundamentals and stick with it #7 invest profit outside of the
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  business #8 Focus is your superpower #9 prioritize one
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  thing and get it done. Pretend Surround yourself with
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  winners. 11 Plan your day, week, month, year, and life. 12 Treat
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  everyone fairly. You never know where they'll be
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  in five years. 13 Check your ego and ask for help #14 The gap to
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  your goals is a deficiency of skills #15 just working hard is
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  a scam. 16 Commit to one business until you're
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  successful. 17 Meaningful relationships take years. 18
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  Happiness comes from service. 19 Listen to your gut 20.
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  Niche down and own a space. You'll grow faster with higher
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  margins 21. Develop a bigger mission.
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  Inspiration is greater than motivation. 22 Who is more
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  important than how? 23 People don't remember what
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  you said, they remember how you made them feel. 24 Always seek
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  to give 1st 25 Build an e-mail list ASAP. 26 Market big and
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  don't meet demand so you can choose clients and projects. 27
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  Invest 20 to 30% of your personal income into wealth
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  building. 28 Become obsessed with process systems and
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  leadership. 29 Learn finances, overhead, cost of goods sold,
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  work in progress, margins, taxes, profit for 30 Double down
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  on what's working, cut what's not. 31 Don't rush to higher in
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  good times. Layoffs and slow times are
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  costly 32. Set client expectations before
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  starting a project. 33 The success of a project is
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  determined by preconstruction planning. 34th You make your
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  money when you estimate poor budgets can't be fixed later. 35
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  In sales, think in one hundreds and one thousands. 100 calls or
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  1000 emails equals one good lead. 36 Simple scales Keep
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  everything as simple as possible.
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  Online fraud matters and stick to it. 38 Learn from mistakes
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  and move on quickly. 39 Get an accountability partner and share
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  weekly top one to three objectives. 40 Join or create a
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  business mastermind. 41 Know your competitors.
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  Collaborate when you can 42. Stay consistent.
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  Business is a marathon, not a Sprint. 34.
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  Invest in high quality, time saving software and stick with
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  it. 44. Replacing bad habits with good
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  ones one step at a time. 45. Appreciate feedback and don't
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  get defensive, it makes you wiser. 46 Do a risk assessments
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  for your business and projects. A 47.
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  If you don't like something, change it or change yourself. 48
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  Don't just learn for knowledge, learn for action. 49 Keep 6 to
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  12 months of overhead in savings because you will need as 51 day
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  You'll look back and be proud of all the hard work your past self
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  put in. This list took me 20 plus years
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  and more mistakes than I would like to admit to figure out.
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  Hopefully it saves you from a few of those mistakes and
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  accelerates your growth. We'll talk soon.
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  PS Do you want to grow a contracting business that can
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  earn you more money in less time?
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  Visit rapidresultcreators.com We've got a ton of resources as
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  well as services to help you grow, span, scale your
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  contracting business, your general contracting business,
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  get your time back and make more money.