Manage episode 519923761 series 2494606
Eric's guest today is Larry from the Side Hustle Podcast. The main topic of conversation is Larry's experience attending the EQUIP Exposition, initially for equipment viewing, which unexpectedly led to a complete transformation of his business model—starting with raising prices, moving to better employee treatment, and adopting software like Jobber to streamline operations and payment collection. Both Eric and Larry emphasize the profound value of networking and socializing at these events, often citing specific learning opportunities that occurred outside of formal sessions, like at the bar. Larry also shares his strong positive opinion of battery-powered Kress equipment, despite initial employee resistance, highlighting the benefits of adopting new technology.
Key Takeaways:
- Be courageous and implement steep rate increases for your services, followed by automated annual price adjustments.
- Adopt intuitive software to charge customers automatically upon job completion and instantly improve cash flow and eliminate outstanding debt.
- Prioritize socializing and networking at industry events because invaluable business insights often come from casual conversations.
- Eliminate the bottleneck of slow service by ensuring fast response times and quick quoting to capture new customers immediately.
- Make attending professional conferences a principled commitment because even a single piece of knowledge gained can radically improve your business.
Business & Sales Tools
Pond Industry Resources
Events & Communities
Social Media
362 episodes