Episode 30 - Measured & Managed - The Million $ Electrician Difference

As with any profession, success can mean different things to different people. For electrical contractor, it could be the number of clients they serve, the quality of their work, or the impact they have on their community. However, one standard measure of success electricians often consider is how much is in their bank accounts. Despite this set standard, you need to know that the bank account balance can tell us a lot of things, but one of the things that are not gonna tell us reliably is how well we're doing in business. And if you don't know how well you're doing in business, it's difficult to achieve success. So how exactly can electricians measure success? Well, through KPIs or key performance indicators. Setting KPIs is a great way to measure electricians' success in achieving their goals and objectives. These indicators can include how much calls you're getting in a day, which areas you cover, how much time it takes to finish a project, customer reviews, and overall customer satisfaction.These measures make it easier for electricians to measure their performance over time and make tweaks where necessary to reach their goals consistently. Additionally, these indicators also help them identify areas for improvement in order to increase efficiency and profitability. By following this setup, you can easily track how well you're progressing and complete your objectives while ensuring high customer satisfaction.