Stop Working for Cheap: 5 Profit-Killing Mistakes & How to Fix Them!

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Green Industry Podcast 27 min 2 speakers 3 chapters transcribed 1 month ago
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Professor Devi Sridhar 0:00
Olen Shannon Maldonado, käsitehtyjä artisaanituotteita myyvän JAW-lahjakaupan perustaja. Valitsin Shopify, koska alustoja testatessani totesin sen ehdottomasti yhdeksi helppokäyttöisimmistä alustoista. Minulla oli tärkeää pohtia kehittymistämme tulevaisuudessa. Kaikki myyntiin tarvittavat työkalut, kuten varaston suunnittelu, ovat kätevästi Dashboardissa. Aloita ilmainen kokeilu shopify.com-sivustolla.
Marty 0:32
Hello and welcome to the Green Industry Podcast, your go-to guide for building a more profitable and thriving lawn care and landscaping business. Your host, Paul Jameson, is the author of five best-selling books, including Cut That Grass and Make That Cash, and his latest, Level Up Your Money. All available on Amazon and Audible. Now, get ready for more expert insights and practical strategies. Strategies to boost your business and level up your life. Here's Paul Jamison.
Paul Jamison 1:08
Welcome back to the Green Industry Podcast. I'm Paul Jameson down here in beautiful Florida where it's not sunny today. Broadcast is a sunshine state, but it's cloudy today. But nevertheless, I'm very passionate about the topic we're gonna talk today. Talk today. Talk about today. Because I know, I know, I know, I know. There's so many of you that you're out mowing until dark every day. You look at your bank account. And you're wondering, why aren't you making the money you deserve? If you're working your tail off, but you still feel like you're just surviving basically instead of thriving, you are likely making one of or more of, one or more, one or more of. The five profit killing mistakes we're gonna uncover today.
Paul Jamison 1:54
But don't worry. Because we aren't just going to point out the problems I'm gonna give you the exact solutions, including a massive opportunity to get in a room with us. And build your ultimate business framework in person. At Naylor's upcoming profit accelerator live event in Richmond, Virginia. So grab your notepads. Let's dive in. Mistake number one that's costing you profit is you're underpricing your services. This is something that every single one of us did early on, if we're honest. You bid low just to win the job. You know what I'm talking about. You're out there. I really need this job. I really, really, really need it. I probably should quote him a little higher, but I really, really need it. I'm just gonna bid low.
Paul Jamison 2:43
Get the work. Sucker. You might you might fill up your schedule fast that way, but you're basically the way my mentor explained it to me, you're basically just paying your customers to cut their grass. Let me get a sip of this Starbucks six dollar coffee here, Mr. Producer. Actually it's like six dollars and thirty two cents. I I d y normally don't drink coffee like out at coffee shops and stuff, but uh i I was in a situation this morning where I I grabbed one and I I went to check out and the ladies like they c what do they call them? A a barista? Barista? The girl's looking at me, she's like, it'll be five dollars and thirty-two cents. I was like, Five dollars and thirty two cents for a cup of coffee.
Paul Jamison 3:23
I didn't tell her this, but I'm thinking in my mind. And then she's like, and it's gonna ask you a question. What if it I know what the question is. The question is how much do I want to tip ya? So I tipped her one dollar. So it's six dollars and thirty two cents for this cup of coffee. V VT venti cafe misto. It better be good, perhaps like that was like a one dollar sip right there, Mr. Producer. All right, so how do you how do you fix that your bidding your price is too low? You gotta know your numbers. You gotta know your man hour rate. You gotta stop working for cheap. So my friend John Pajack, he helped me break down My numbers basically demystifies. What the man hour rate is. And we did, I I went through his budgets, break even, and bottom lines workshop.
Paul Jamison 4:15
It took hours of him finding out what I'm charging, what I am paying in overhead and expenditures. And after all of that said and done, actually understand what I need to be charging per hour to reach my financial goals. So He is going to be doing this.

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