Contractor Evolution

244. Secrets of $10MM Contractors: 6 Steps to Freedom - Danny Kerr

13 snips
Oct 31, 2025
Discover the six essential systems that can transform contractors' businesses and alleviate burnout. Learn how financial controls and clearly defined roles can streamline operations. Dive into hiring strategies that focus on ideal candidate profiles and effective training programs. Explore methods for tracking sales forecasts and marketing ROI. Gain insights on prioritizing annual initiatives and improving time management through delegation. Discover how to achieve work-life balance while ensuring your business serves your personal goals.
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ADVICE

Use A Goal-Versus-Actual Dashboard

  • Build a dashboard that shows goal versus actual for sales, production, and financial metrics.
  • Review it regularly to target time and money where the data shows the biggest gaps.
INSIGHT

Make Roles Measurable And Coached

  • Define each role by measurable deliverables so people know exactly what success looks like.
  • Tie those deliverables to reporting lines and two-week goal-review meetings to coach rather than micromanage.
ADVICE

Embed KPIs In Employment Agreements

  • Put deliverables and accountabilities at the top of employment agreements.
  • Include reporting expectations and bonus structures tied to those deliverables.
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