203 - How do I turn my Construction Business around - Dominic Rubino

Welcome to a special episode of the Profit Tool Belt Podcast! Today, we're showcasing the journey of one of our own, Ed, “ We will call him Ed, I dont like using names” who turned his struggles into success by effectively using the tools and strategies from Profit Tool Belt.   If you've ever felt like you're juggling too many roles and still not seeing the profit you should, Ed's story will surely resonate with you. After implementing PTB's strategies, he saw a remarkable $105,000 boost in his personal income in just two years. This episode will deep-dive into the six strategies that Ed utilized to turn his business around:   Engaging an Administrator: By offloading routine tasks to a dedicated administrator, Ed found more time and headspace to focus on growth initiatives.   Getting a Handle on Financials: No more guesswork! Ed learned to read his financials accurately, guiding his business decisions with real, hard data.   Strategic Staff Expansion: Ed mastered the timing of hiring, ensuring every new addition to his team contributed to a healthy balance of growth and profitability.   Consistent Self-compensation: By setting a regular salary for himself, Ed brought predictability to his personal finances and stability to his business budget.   Focusing on High-profit Projects: Ed learned the art of saying 'no' to unprofitable tasks, directing resources to areas that made a real difference to his bottom line.   Commitment to Ongoing Learning: With a finger on the pulse of industry trends, Ed invested in continuous learning and embraced change, keeping his business on the leading edge.   If you're ready to take your business from surviving to thriving, this episode is just for you. Here at Profit Tool Belt, our mission is to help you streamline your processes, grow your profits, and make your business work for you.    If you find value in this episode, please subscribe!