Profit Tool Belt 156 - I run 3 Service Companies AT ONCE here's HOW with Jonathan Maynard
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Aug 9, 2022 Jonathan Maynard, owner of three diverse service companies in Virginia, shares his secrets to juggling businesses from power washing to Christmas lights. He highlights the importance of delegation, communication, and effective management. With a focus on data-driven marketing strategies, he discusses how to optimize outreach and improve profitability. Jonathan also dives into essential KPIs for business success and shares personal anecdotes about overcoming challenges. His insights on building a strong company culture resonate with aspiring entrepreneurs.
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Delegate With Instruction And Follow-Up
- Delegate work but give clear instructions and regular check-ins so responsibility isn't abdicated.
- Use weekly check-ins and Slack channels to stay informed without micromanaging.
Turn Revenue Goals Into KPI Targets
- Track KPIs weekly to measure company health and spot trends early.
- Reverse-engineer revenue goals into leads, average ticket, and closing rate to set targets.
Leading Indicators Let You Act Early
- KPIs differ by company but follow the same logic: set a sales goal then derive weekly requirements.
- Leading indicators like leads let you act before lagging numbers show problems.