Double Your Profit Day #26 You Won't Believe How EASY it is to Multiply Your Winners
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Aug 26, 2025
In this insightful discussion, the focus is on boosting profitability by identifying and amplifying successful business areas. Listeners learn to eliminate underperforming services that drain resources and instead double down on what works. The conversation highlights the Pareto Principle, emphasizing the importance of concentrating efforts on the vital 20% that drives 80% of results. A compelling real-world example is shared about transitioning resources from a losing new construction arm to a thriving plumbing department.
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volunteer_activism ADVICE
Double Down On What Works
Do less, but do way more of the things that already work in your business.
Cut unproductive departments then reallocate those resources to your winning areas for faster growth.
question_answer ANECDOTE
Cut A Losing Department
John recounts cutting a money-losing new construction plumbing arm that dragged profits down.
He shifted those resources into the profitable plumbing service department to scale results.
insights INSIGHT
Use Pareto To Clone Success
Find the 20% that drives 80% of your results and clone it across people, departments, or markets.
Winners compound when you fuel them with focus, data, and intentional investment.
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Welcome to Day 26 of the Double Your Profit Series
The go-to series for contractors, home service owners, and small business entrepreneurs. Today’s lesson is the natural follow-up to yesterday’s topic of Cut Complexity. Once you trim what doesn’t work, the next step is simple: Multiply Your Winners. Why Multiplying Winners Matters Too often, owners keep dragging along departments or services that look big on top-line revenue but secretly ruin margins. The real growth hack is cutting what’s unproductive and doubling down on what’s already winning.
In other words: do less, but do way more of the less.
💡 What You’ll Learn in This Episode: How to identify the “dogs” in your business that drain profit and energy Why reallocating resources from losers to winners accelerates growth The Pareto Principle in action: focus on the 20% that drives 80% of results
Real-world example: cutting an unprofitable new construction arm to scale a thriving plumbing service department
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⚙️ The Big Picture The fastest way to scale isn’t always adding more — it’s multiplying what already works. Winners compound when you fuel them with focus, resources, and intentional growth. But you won’t know your true winners without accurate data to guide the decisions.
🔥 Think of this episode as your playbook for cloning success and letting go of the rest.
John Wilson, CEO of Wilson Companies Jack Carr, CEO of Rapid HVAC 📌 Disclaimer: Some links may include UTM parameters or affiliate relationships, meaning we may earn a commission if you make a purchase. Episodes may feature sponsors, but all opinions expressed are our own.
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