Building a Business from Scratch ft. Louis Younis | Ep. 04

In this episode of the Finance Fusion podcast, we have Louis Younis, founder and director of ITF Hire, a company specialising in temporary fencing, crowd control barriers, portable toilet hire and servicing, liquid waste management, and internal and external hoarding. Louis shares his journey from a novice labourer to a business empire builder, the mindset he adapts that led to ITF Hire's rise in the temporary fencing and hoarding industry, and how he overcame initial setbacks to build a business that services Tier One construction companies.He also talks about why a long-term strategy is crucial for sustainable success, how to build a capable team and hire individuals with diverse strengths, the pivotal role of specialised asset finance brokers in acquiring essential equipment, and the importance of doing thorough calculations and using tools like the NAP calculator before making big investments. If you want to learn more about the fencing industry and how to master growth through acquisitions, marketing, risk-taking, and innovation, make sure to tune in to this episode!TIME STAMPS:00:00 Intro00:10 Louis Background00:26 ITF Hire02:54 Why Temporary Fencing of all Industries?09:44 What Is the Role of Temporary Fencing and Holding?12:04 How ITF is Everywhere12:25 Louis’ Customers12:49 Strategies for Acquiring New Customers14:59 Key to Building a Business 18:56 Strategies for Each Business Growth Phase19:43 Acquiring Competitors and Integration24 00 The Importance of Your Team in Business27:05 Working with Specialists with Business28:56 How Do You Know When to Finance an Asset?32:39 Let the Numbers Do the Talking33:51 Purchasing Brand New Trucks39:08 Getting as Much Market Share as Possible43:13 Dealing With Cashflow Issues46:45 ConclusionSHOW NOTES LINKShttps://www.linkedin.com/in/louis-younis-6920b4166/https://www.linkedin.com/company/itfhire/https://www.facebook.com/itfhirehttps://www.instagram.com/itfhire/https://www.youtube.com/@itfhire5673-----LISTEN TO THE PODCASTSpotify: https://open.spotify.com/show/2NnKK0lGYvrstzfY6OXeAu Amazon Music: https://music.amazon.com/podcasts/42065cc7-d16b-48d0-a77a-a5ff2d2a889f/finance-fusion YouTube: https://www.youtube.com/@louiedib4835 -----FIND US HERELinkedIn: https://www.linkedin.com/company/odin-finance/about/Facebook: https://www.facebook.com/Odin-Finance-109700887226824/ Instagram: https://www.instagram.com/odinfinance_/ YouTube: https://www.youtube.com/@louiedib4835