Breakthrough Series: Nicholas Takara - Managing Subcontractors and the Risks Involved

Contractor Secrets

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• Starting a business requires taking a leap of faith and learning from the challenges along the way.
• Job costing is crucial for understanding profit margins and making informed business decisions.
• Transitioning from a subcontractor model to an employee model can lead to more control over projects and potentially higher profit margins.
• Having a strong online presence, particularly on Google and review platforms like Yelp, is essential for attracting customers in the painting industry. Having a website is important to validate marketing efforts and build trust with potential customers.
• Investing in marketing is necessary to compete in a competitive industry.
• Proper subcontractor management is crucial to avoid issues and maintain profitability.
• Using software like Drip Jobs can improve project management and job costing.
• Exploring different marketing channels like Google, Angie Leads, and Facebook can help generate leads and grow the business. Video marketing is a powerful tool for attracting customers and building trust.
• Google ads, Angie leads, and Facebook marketing are effective strategies for generating leads.
• Proper coaching and training are essential for success in door-to-door marketing.
• Budgeting and investing in marketing are necessary for business growth.
• Having a positive mindset is crucial for overcoming challenges and achieving success.
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