Running a business without being involved in the daily operations sounds like a dream to most business owners, tradies, in particular. But, a business owner who lacks this desire or vision is bound to endanger himself, his business, and the people who work for him. If your business is so dependent on you, there is little to zero chance of scaling it and making it more profitable, which will result in frustration and disappointment over time.
In today’s podcast episode, we have a lengthy but meaningful conversation around this topic with my guest Barry Magliarditi. Barry openly shares about the challenges he encountered in his business and how he’s overcome it. He talks about the importance of upgrading your mindset first before anything else. He also discusses the process he uses to increase productivity in his personal life and business. We also touch on the different chapters in his book, The Path to Freedom.
Any tradie business owner seeking to free themselves from the daily grind so they can scale and make their businesses profitable will learn a lot from this episode. Tune into this today!
What’s Discussed In This Episode:
0:00 The Elevation Program
6:01 Barry shares how his personal story of the challenges of running his business
9:40 We never have business problems, just personal problems
10:55 Upgrade your mindset
12:55 Be determined and never give up
14:40 Task audit
18:37 You don’t need to complicate things too much
18:53 Discipline yourself to create a better, robust, and profitable business
20:07 Get rid of the myth that owners are the ones to systemise their business
23:59 Start to prioritise things that you can delegate or outsource
25:24 Starting with a vision
26:20 Does vision get people into a better mindset?
28:44 Having a business that constantly needs you is risky
33:26 Two approaches that worked for Barry to incorporate systems into flowcharts
38:29 Three realms Barry looks into his business to always bring improvement
40:57 Feedback loop
42:05 Accountability and responsibility
44:08 Be clear of where you’re going
50:13 Overview of the chapters in Barry’s Book ‘The Path to Freedom’
About Our Guest
Barry Magliarditi is the founder and director of business coaching juggernaut, The Game Changers. Having built a 7-figure kitchen renovation business in his previous life as a carpenter, Barry has first-hand knowledge of the priorities and pressures of trades business owners. Today Barry brings his coaching expertise and business know-how to help other tradies build the business – and lifestyle – of their dreams.
Resources:
- Join our global community of 6000+ trade professionals https://www.facebook.com/groups/TheSiteShed
- Tradie Web Guys ‘automation’ – (https://www.tradiewebguys.com.au/automation/)
- Tradie Web Guys Elevation Program – (https://www.tradiewebguys.com.au/elevation/)
- Tradie Web Guys’ Apply (qualification) page (https://www.tradiewebguys.com.au/apply/)
Books mentioned in this episode:
- The Path to Freedom https://amzn.to/3rSmbdl
Connect with me on LinkedIn. For more podcast episodes, you may also visit my website. Tune in and subscribe to The Site Shed: You can also listen to The Site Shed on Apple Podcasts, Spotify, and Stitcher.
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