In this engaging discussion, contractors explore the critical mindset shifts needed to reach the million-dollar milestone. Tom emphasizes the importance of stepping away from tedious tasks and empowering oneself as a business leader. The conversation dives into the chaos caused by the lack of systems and the dangers of trying to do everything alone. The myth of perfectionism is debunked, advocating for progress over perfection. Personal development emerges as a key to unlock potential and elevate business growth.
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volunteer_activism ADVICE
Delegate Low-Value Tasks
Stop doing low-value $20/hour tasks and focus on leadership activities that generate $1,000+ per hour.
Delegate or hire others to handle basic tasks to break free from the growth ceiling.
insights INSIGHT
Multitasking Stalls Growth
Wearing all hats and doing everything yourself is the noose choking your business growth.
True business owners focus primarily on leadership and growth, not on firefighting.
volunteer_activism ADVICE
Trust Others & Let Go
Overcome control issues by trusting others to perform tasks.
Accept that others can do work at 80% quality, which is better than your perfectionism bottleneck.
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This is Part 2 of our Million-Dollar Mistakes series—all week, we're breaking down why most contractors never crack $1M, and how to avoid the traps. Check back daily for the next episode.
Want to build your plan? Join the Million Dollar Contractor Workshop – Live, May 20–22:
Most contractors never break the $1M mark in revenue, and one of the biggest reasons is their mindset. In this fire-packed second installment of the 5-part series, Tom dives into the mental blocks and leadership flaws that are holding contractors back. If you're stuck doing $20/hour tasks instead of leading like a true business owner, this episode is your wake-up call. Tom doesn't hold back as he challenges you to take ownership, let go of control, and start investing in yourself as the leader your business needs.
In this episode, Tom discusses:
[00:00] Introduction to the 5-part bonus series and the Million Dollar Contractor Workshop
[01:47] The #2 obstacle: Mindset—and how it affects your business growth
[02:14] Are you a business owner or just self-employed with a shitty boss?
[02:43] The dangerous trap of doing everything yourself and wearing all the hats
[03:45] Why doing $20/hour tasks is killing your growth—and what to do about it
[04:42] The myth of perfectionism and why 80% good by someone else is better than 100% perfect by you
[05:08] The chaos caused by lack of systems, processes, and procedures
[05:36] The importance of personal development and becoming a strong leader
[06:24] A call to action: Join the Million Dollar Contractor Workshop and start leading like a boss
Resources:
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🎯 MILLION DOLLAR CONTRACTOR WORKSHOP
📅 May 20–22 | 6–7pm ET
🛠️ Only $15 (every penny goes to Wounded Warrior Project)