Graeme’s major breakthrough came when he changed his mindset, structure, and habits; resulting in mass business revenue growth from $1 million to $7 million, and personal freedom.
Getting caught in the weeds of running a business can severely impact work and personal relationships.
Hard work helps grow a business, but it’s not sustainable and the consequences can be detrimental.
Achieving balance in business and life by thinking strategically ensures long-term success as an entrepreneur.
Taking 24-weeks off a year as a leader is possible, with judicious delegation.
Changing your mindset and business structure is the only way to stop fighting fires.
Watch Episode 5 of the Contractor Evolution ShoW
Listen to Episode 5
Read a Summary of Episode 5
Welcome to the new breed of contractor: where a respect for traditions meets a zest for life and an understanding that business in the contractor realm isn’t what it used to be.
You started your contracting business because you love what you do, and dammit, you’re good at it.
Sure, you knew running a business wouldn’t be a walk in the park, but why does it seem so tough sometimes?
Maybe you’ve hit a wall and can’t seem to smash through it. Perhaps your revenue has hit a plateau. You’re working like a beast and feel pulled in so many directions. You’ve got so many responsibilities on your shoulders: a team to look after; numbers to figure out; recruiting and, let’s say it, firing; marketing; accounting; jobs to bid on and deadlines to meet. Heck, you can’t even seem to find the time to go for a toilet break, let alone take a day off.
And what about family time? It can seem to be all work, work, work . . .and while you love it, enough is enough.
The question you’ve secretly been asking yourself is, “Do I have what it takes to get over that hump?”
Stop for a minute. Take a breath.
Let’s put this into perspective shall we?
- There are 46.8 million millionaires (measured in USD) worldwide. That’s an increase of 1.1 million over the last 12 months.*
- Current projections are that 1,700 new U.S. millionaires are made every day. Think about that for a second. 1,700 new millionaires EVERY. SINGLE. DAY.
- 86% of millionaires said they made their own wealth, they didn’t inherit it. Like you, they are business owners and entrepreneurs.
- The U.S. leads the world in the number of millionaires. The U.S. has added 675,000 new millionaires over the past year, bringing its total to 18.6 million people (40% of millionaires are in the United States).
- Canada, with its smaller population (just under one-tenth the size of the U.S.) has an estimated 1.3 million millionaires.
- 74% of millionaires are happy with their work/life balance
That last stat, that’s super important. Why? We’ll explain later.
What does hard work mean today?
Times have changed, and in many ways the traditional way of running a contracting business no longer ensures long-term success.
Our parents’ generation were raised on the idea that you have to work hard to be a success. “Boots on the ground?” How many times have you heard that?
Watch as I roll that up in a ball and toss it out the window.
The new breed of contractor understands that efficiency, reputation, leadership, teamwork . . .this is what makes you stand out in the noise of today’s world. And, dammit, I’m going to say it, playtime helps you win!
As you might know, the Contractor Evolution podcast is about bringing together the new breed of entrepreneur and offering practical tips on how to get there.
In this podcast we dive in head first with Graeme Bouvier from BOW Group, a 27-year-old drywaller who went from running a struggling $1-million business to, within a few short years, building a $7-million company, and, get this, he takes 24 weeks off a year….and the company is still growing.
Yeah, you know that point I made earlier about work/life balance? These days let’s just call it LIFE.
In this episode, Igor Trninic, managing director at Breakthrough Academy, and I break down the steps that made Graeme not just knock down that wall that was holding him back, but leave it in the dust as he sped off down the road to success.
Graeme doesn’t hold back.
He messed up. Quite a few times. And talks about where he went wrong, how his business relationship almost fell apart, and how he fixed it. He gets real on how building a business can ruin a marriage, and how to save it (your partner will thank us for that one), and he even explains in detail how he manages to take half a year off to travel and not even worry about his business.
Igor and I don’t hold back either. No agenda. Just blunt talk.
The Contractor Evolution podcast is real. Real people, heart on sleeve stuff, but with practical steps to get you where you want to go (no, click here for further information type crap). Contractor Evolution is here so you can recognize where your weaknesses are, and fix them.
There’s a new way of doing things now; The Contractor Evolution way. Right, that’s enough from me, let’s get going.
We look forward to seeing you in the show.