Million Dollar Electrician - Sale to Scale For Home Service Pros

Clay Neumeyer
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Dec 29, 2023 • 33min

Ep 230 - Simplified Budgeting for the New Year

In our latest Electricpreneur Secrets episode, Joseph and I share the key steps to bulletproof budgeting and financial clarity for your electrical business as the year comes to a close. From practical tips on paying yourself first to the importance of building a relationship with an accountant, we guide you toward a stress-free financial future.Navigating personal and business finances can be as challenging as untangling Christmas lights, but with our insights, we make it a smooth journey into the new year. Discover how to set a meaningful personal salary, use tools like our simple pricing calculator, and gain insights into managing business insurance and maintaining a financial buffer. We wrap up by emphasizing the significance of charging premium rates for sustainability and service excellence in the electrician industry, thanking you for your support and inviting you to continue powering up your business with our episodes. Charge up your entrepreneurial spirit, hit that like button, and subscribe for a jolt of empowerment in every episode!Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecrets
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Dec 28, 2023 • 23min

Ep 229 - Understanding Performance Pay & Bonus Structures

Ever wondered how to strike that sweet spot where company culture fuels an electrifying team performance? That's what we're unpacking on the latest episode of Electricpreneurs! Clay and Joseph, your dynamic duo, take you on a high-voltage journey through the nuts and bolts of performance pay and bonus structures in the electrical industry. Get ready to plug into a conversation that's more than just figures and dollar signs, as we light up the topic of creating a work environment where shared values, clear goals, and a dollop of humor are the real conductors of success. And don't miss the story about that one holiday gift that gave Canadian customs a shock – it's a hoot!This isn't just another talk shop about profit margins; it's a blueprint for building a powerhouse team that's switched on by more than just their paychecks. We delve into how profit-sharing can energize long-term investment from your staff, why SMART goals are the circuit breakers of bonus schemes, and how positive feedback is the current that keeps the team's performance buzzing. With real-world examples like keeping those company vehicles in tip-top shape, we show how bonuses can drive outcomes that benefit everyone. So, if you're ready to amp up your team's motivation and have a few laughs while you're at it, this is one episode you'll want to connect with.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com
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Dec 27, 2023 • 19min

Ep 228 - Why We Don't Suggest AI For Your Phones

Prepare to challenge your assumptions about AI and customer service as we, Electricpreneurs Clay and Joseph, tackle the hot-button issue of automation versus the human touch. We promise you'll leave this episode equipped with a fresh perspective on the delicate balance between cutting-edge efficiency and the irreplaceable warmth of human interaction in the electrical service business. Through our lively debate and shared experiences, you'll grasp why the emotional cost of AI could outweigh its touted savings, and how authentic moments between customers and representatives forge stronger bonds and loyalty to your brand.This isn't just a theoretical discussion; it's a deep dive into the real-life implications of choosing between an AI program and a personable team member to answer your phones. As you join us on this journey, we share practical advice for nurturing a customer service team that delivers the '3D report experience' – depth, dedication, and dynamism. By the end of our conversation, you'll understand why we firmly believe that investing in people, not just technology, can be your business's most strategic move for sustainable success and exceptional customer experiences.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecrets
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Dec 26, 2023 • 18min

Ep 227 - How the Panel Determines the Sale (Replay)

Ever wondered why a meticulous panel inspection can revolutionize your customer's trust and elevate your sales game? Together with Joseph, we unravel the underestimated significance of panel checks in the sales process, proving that it's not just about fixing what's broken – it's about delving into the heart of electrical systems to prevent future hazards. In our discussion, we contrast the outcomes of superficial inspections with the comprehensive approach that we champion, revealing how this attention to detail not only distinguishes us from the competition but also cements our reputation as safety-conscious professionals. We share real-life examples to illustrate our point, turning routine panel scrutiny into a pivotal educational moment for our clients – and for ourselves.Then, we tackle the intricate dance of cost, value, and service in the electrical world. Are you making informed decisions about the long-term health of your home's electrical system? We delve into the personal and financial repercussions homeowners face when dealing with electrical repairs and how proactive maintenance, like club memberships and service packages, can save both stress and dollars down the line. Throughout the conversation, Joseph and I highlight the power of listening and asking the right questions, showing that sometimes the best sales strategy is not to push, but to genuinely understand and serve the needs of our customers. This episode is chock-full of insights for anyone aiming to thrive as an electrician with an entrepreneurial spirit – join us for an electrifying journey through the nuts and bolts of providing top-notch service and mastering the art of the sale.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com
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Dec 22, 2023 • 17min

Ep 226 - Friday Holiday Launch

As the holiday season illuminates our days with cheer, Joseph and I, Clay, are here to spark your spirit with a special episode that reflects our electrifying journey in the world of electricians. We've wired up our experiences to share insights and successes, turning from apprentices into mentors who now guide the bright minds powering our future. This time around, we're unwrapping the gift of growth, celebrating the leaps and bounds made in learning and partnership within our electric trade. We buzz with anticipation for the 2024 electrician's only premium service summit—a not-to-be-missed event where electricians can forge connections and supercharge their careers. It's a story of transformation, a beacon of hope, and a testament to the power of mentorship, all wrapped up with the warmth of the holiday season. Plug in and let the current of our conversation carry you into the new year with inspiration and a renewed sense of community among your fellow sparkies.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com
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Dec 21, 2023 • 42min

Ep 225 - Hitting Sales Records by Doing Watt's Right - Client Case Study

Growing up with a wrench or a screwdriver practically in hand, Allen's tale is one many of us can relate to—whether we've dodged or embraced our family legacies. Join us as Allen, an electricpreneur, gets candid about the circuitous route he took from avoiding his father's electrical trade to powering up his own business. His insights into the shifting cultural landscape of the trades offer a fresh perspective, one where the once 'fallback' career is now a robust foundation for success.In our illuminating conversation, Allen unpacks the nuts and bolts of his business evolution, detailing how a strategic pivot to residential services and some key team additions sparked a revenue surge to an electrifying $1.23 million. Allen's experience is a masterclass in finding your niche and the impact of a dedicated service philosophy. Electricians will find his journey from a home garage to a thriving enterprise nothing short of inspiring. As we wrap up the year, Allen's reflections on the importance of company culture, legacy, and the transformative power of rebranding provide valuable lessons in staying grounded while reaching for new heights. His story of adopting a structured sales process showcases the importance of adaptability and the significant achievements that come from stepping outside one's comfort zone. So grab your favorite holiday beverage, and let's toast to the camaraderie of shared experiences and the growth that awaits in the new year!Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com
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Dec 20, 2023 • 19min

Ep 224 - Run From the Path of Least Resistance

Electricians, brace yourselves for an electrifying shift in perspective! Joseph and I are back at it, sparking conversations that will illuminate the importance of forging sturdy customer relationships over simply flicking the sales switch. We'll coax you into embracing the challenges that come with deepening client connections and show you how this strategy can supercharge your business in the long run. If you're ready to witness the power surge that comes from choosing the tougher route and prioritizing people over transactions, you're in for a treat.In this session, we're also thrilled to flip the switch on inspiration with Alan's story, a high-voltage tale of surging past the 2 million dollar mark through sheer dedication and strategic maneuvering. Expect to absorb practical wisdom on balancing the demand for quick sales with the need for meaningful interaction—insights that illuminate the path for any service-driven professional. Tune in for an episode that doesn't just spark ideas for electricians but reignites the fundamental spark of personal relationships in any service-based endeavor.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com
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Dec 19, 2023 • 20min

Ep 223 - You Want Me to Book a 3rd Call??

Ever struggle to lock down that second meeting after your pitch doesn't quite seal the deal? That's exactly what we're dissecting today, as Joseph and I, Clay, get into the nitty-gritty of the third call strategy. We're peeling back the curtain on how master electricians like us, turned business maestros, keep the ball rolling with clients who just can't seem to make up their minds. With a nod to Alex Hormozi's BAMFAM rule—Book a Meeting from a Meeting—we'll show you how to keep those prospects from slipping through your fingers and turn indecision into action.But it's more than just strategy; it's about forging those invaluable personal connections, especially with clients expecting nothing less than premium service. We dive into how being relentless in pursuit of that follow-up can make or break your business, sharing tales from the frontline that illustrate the power of showing up and staying persistent. So, if you're ready to learn how to elevate your service game and keep your business booming with loyal, satisfied clients, tune in and join us on this insightful ride!Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com
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Dec 15, 2023 • 14min

Ep 222 - Why We Wouldn't Get Construction Work to Fill the Season

Ever pondered on the perils of commercial work during the slow season? Get ready to disrupt your thinking in this electrifying episode. As your hosts, Clay and Joseph, we challenge the conventional wisdom of chasing commercial gigs to keep the lights on. Instead, we champion the idea of sticking to service work, charging premium rates and playing the long game. We delve deep into the psyche of the ‘playing not to lose’ mentality and how it can push you into undercutting yourself. It's time to switch gears and play to win, keeping an open schedule for the right opportunities.Life isn't all about comfort zones, especially when you're an electricpreneur. Let's get real, get uncomfortable and focus on the road ahead. In this episode, we'll guide you through the discomfort, past the distractions and onto the path of success. We offer insights and strategies to upgrade to a higher level of accomplishment, even when the times are tough. Brace yourself for a candid conversation on facing discomfort, ignoring distractions and triumphing as an electricpreneur. It's time to plug in and prepare for an illuminating journey into the world of electricpreneurship.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com
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Dec 14, 2023 • 18min

Ep 221 - Please Don't Qualify With Price

Ever felt tempted to give your potential client a ballpark figure during a sales call? Well, Clay  and Joseph, both master electricians, and your hosts, have an electrifying revelation to share - this could be a damaging pothole on your road to sales success! Tune in as we crack open the lid on why leading with price can disrupt the sales process and how it could potentially jeopardize your chances of building long-lasting client relationships.But that's not it! We also shed light on how fixed pricing can be a game-changer for your business - the secret sauce to doubling your sales! There's a story brewing in our Facebook group about three electricians who dared to fix their pricing and the astonishing results they achieved. So, join us, pick our brains, and let us help you master sales, simplify pricing, and deliver premium service. Remember, we're just a call away five days a week, eager to electrify your journey towards success. Let's get this current flowing!Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com

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