The Cash Flow Contractor

Here’s a powerful episode on how to drive real growth in your construction business! Returning guest, Mike Andes, shares key insights on profitability, scaling, systematizing and more. A must-listen for business owners!

Time Stamps
  • 01:59 - Welcome Back, Mike!
  • 02:17 - August Lawn Care Growth and Expansion 
  • 03:52 - Introducing Copilot CRM
  • 09:44 - Understanding the P4P Software (Pay-4-Performance)
  • 12:59 - More on the Copilot CRM
  • 13:50 - Challenges of Running a Software Company
  • 17:02 - Scaling and Systematizing Your Business
  • 23:20 - The Dangers of Growth
  • 27:01 - Utilizing Copilot for Business Growth
  • 33:57 - Defining the General Manager Roles
  • 38:34 - Hiring an Assistant
  • 43:39 - Systematizing Business Operations
  • 50:29 - Navigating Price Increases
  • 53:13 - Addressing Seasonality in Home Services
  • 58:06 - The Importance of Recurring Revenue
  • 01:05:49 - Episode Outro

Snippets from the Episode
  • "Going from 1 million to 10 million, that's a difficult challenge. It's a different skill set required than going from zero to a million." -Mike Andes
  • "Software will be the unlock for the next 10 to 15 years before robotics starts to really impact our industry." -Mike Andes
  • "I believe that every business and how big it should be is a math problem." -Mike Andes
  • "The definition of a system is essentially, I have the same outcome." -Mike Andes

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Resources

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What is The Cash Flow Contractor?

If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges.

We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.