{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Plumbing & HVAC Hustle Podcast","title":"I Almost Went Broke Being the Cheapest HVAC Company","html":"","width":"100%","height":180,"duration":2484,"description":"Guest: Wymond Wong — Owner, Twin City Heating, Air & Electric Guest Links: Website: https://twincityheatingandair.comWymond Wong has run Twin City Heating, Air & Electric in Minneapolis for over 15 years and grew it from a 1-2 man shop into a 20-person operation. In this episode, he gets honest about how being the cheapest option almost put him out of business, why undercharging devalues your entire industry, and the leadership shifts that finally let him stop competing on price and start building a sustainable company. The conversation also goes into branding home service like a sports team, why community building beats traditional marketing for small businesses, and the gratitude practice that's changed how he leads.You'll learn:Why being the lowest price option almost killed his businessThe 45% gross margin floor that changed everything (and when to enforce it)Why undercharging actually devalues your entire industryHow to handle sales rep pushback when you raise pricesWhy a healthy company is the one that can fix mistakesThe \"create win-wins\" core value that drives every pricing decisionHow to brand a home service company like a sports teamWhy a common enemy story makes people root for your brandThe \"we know what it feels like\" mission statement frameworkWhy networking and showing up beats trying to scale infectious brandingThe custom fortune cookie idea that builds brand memorabilityThe 100% gratitude rule: why gratitude eliminates fear","thumbnail_url":"https://img.transistorcdn.com/nWdFrDEJ0nnm4bomrSlnlhLsvIvR7Ug7RJYmt0Ox7zw/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzQxMTY0LzE2OTc5/NDI2MTQtYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}