How to Have a Profitable Building Trades Business and Still Have a Life photo

How to Have a Profitable Building Trades Business and Still Have a Life

I often talk to business owners in the trades who think that the key to a successful and profitable business is to work yourself to the bone and never take a break. Sometimes they wear the pain like a badge of honour and celebrate the fact they haven’t had a holiday for years.

This is both a terrible mistake and false. The best business owners (and all of our longstanding clients) understand that there is a direct link between successful and profitable building trades business ownership and disciplined time off. The best leaders are very good at working hard when its time for work, and forgetting about work to connect with friends and family and themselves so they can rejuvenate their mind.

To start this discipline the first step is to aim for 24 consecutive hours break per week. The same time every week is ideal, and a time that allows connection with your family is better still. If business owners adopt this one simple discipline and commit to it firmly, massive mental clarity follows.

With mental clarity you can assess your business properly and realise that the steps to sustainable profit are really summarised as follows:

1. Financial and time management clarity.

2. Identifying a Profitable Niche.

3. Marketing to that niche using educational marketing techniques.

4. Systemising every aspect of your sales, administration and delivery.

5. Employing a great team.

6. Having a mentor or business coach to keep you on track.