EP70: How To Get Off The Crazy Cycle

Where you’re at in your business is 100% up to you. Listen to learn how to get out of the Crazy Cycle today and create the business you want!In this episode, we talk about…Defining what the Crazy Cycle is and why you must get out nowCommon mistakes contractors make with pricingWhy charging more money is an easier way to run a businessCreate the business you want that will support the lifestyle you wantThe importance of having a growth mindset vs. limiting beliefs3 Different types of people classes and mindsets in a recession:1. People who love recessions-opportunity to buy everything at a discount2. People who are scared of recessions- won’t want to spend a dime on anything3. People with an abundance mindset- don’t care about price because they have money to spend regardless of recessionStop finding a price that works for the customer. Find customers that work for your price.Why job costing, knowing your numbers, and 50% gross profit is key to a successful businessWhy you must charge a 100% markup to have the business you wantRemember: As you elevate your prices, elevate your customer experience as wellBenefits of joining the Profit Club and using the Profit Sales SystemChallenge: Add 10% to your next job bid and see what happensLinks to Resources:Learn how to better manage pressure in the Profit Club – www.hammerandgrind.com/theprofitclubDiscord - https://discord.gg/jd3yX6crQ8Facebook group - https://www.facebook.com/groups/thecontractorprofitgroupFacebook – https://www.facebook.com/hammerandgrindpodcastInstagram - https://www.instagram.com/hammerandgrindpodcast/Website – www.hammerandgrind.comHelp us get the word out to other contractors by leaving us a review or sharing our podcast! Hosted on Acast. See acast.com/privacy for more information.