TCF887: I Was Held HOSTAGE

Have you ever felt like you were being locked up in your own company? Tom recounts how he was held hostage for two years by toxic employees in his company. He shares how, due to the fear of losing staff and missing production goals, he swept problems under the rug and caved to every demand of the toxic employees. Listen in as he reveals how he handled the situation and the important leadership lessons learned from his experience.Episode Highlights:[00:00] - Being held hostage by employees[01:44] - Toxic and chaos-causing employees[05:15] - Taking decisive action by firing toxic employees [08:14] - Immediate results: Increased morale[08:53] - Improved production with higher-quality work[09:29] - Soaring profits[10:13] - Key lessons learned[10:20] - #1: Never give away power in your company[10:57] - #2: Don't allow fear to dictate decisions[12:02] - #3: Create and uphold non-negotiable values[12:44] - #4: Trust your instincts[13:23] - Closing remarksResources:💰 You didn’t become a contractor to struggle financially. Download our worksheet and start calculating a 50% gross profit on every job. It’s time to get your shit together! https://thecontractorfight.com/50/ 💸 Grab your copy of our FREE Contractors Guide to Spotting Cheap Prospects here: https://thecontractorfight.com/cheap == Join us in BATTLEGROUND ==Everything your contracting business needs in one comprehensive program with three main focus areas: Leadership, Communication, and Numbers. For more info, check out: https://TheContractorFight.com/Battleground == Get your questions answered and connect with other contractors building stronger businesses in The Contractor Fight: https://thecontractorfight.com/facebook == Grab the Gear ==https://gear.thecontractorfight.com/ == Find Us on Social Media ==YouTube: https://www.youtube.com/c/TomReber Instagram: https://thecontractorfight.com/ig == Rate the Podcast ==Help your fellow contractors find the podcast! Please leave a rating/review! Apple Podcasts  SpotifyMentioned in this episode:Grad your VIP ticket to Mile High Profit Summit 2024https://milehighprofitsummit.com/