How a Great Partner Can Make or Break Your Home Improvement Business | Gordon Fairbanks

The Wealthy Contractor

EPISODE 202: Building a home improvement business from scratch and turning it into a success is no easy task.

However, that doesn’t mean it's impossible, especially if you’re doing all of this with the help of a partner that you can trust and rely on.

This is especially true when your partner in business is also your partner in life.

I know many say that mixing business and marriage is not the greatest idea. And yet, I’ve done it, and it worked out great.

In fact, I see many husband and wife teams in the industry, and most of them work amazingly well together.

Someone who knows a lot about this is this week’s guest, Gordon Fairbanks.

For those of you who’ve been listening to the podcast for a while, you already know him. And if you don’t, then this episode is the perfect time for you to be introduced to this brilliant man.

Gordon has been in the home improvement industry since the eighties. He and his wife built one of the most impressive contractor businesses in the country AND had an amazing exit.

In this episode, he and I will be going over a few subjects, namely the importance of great partnerships in business, how his wife Elizabeth helped him build one of the most successful home improvement companies I’ve ever seen, how to navigate your marriage when you are partners in life and in business, and why buying the BMW 6 convertible would have actually sent the right message to the rest of the company.

Ready to learn more?

Tune in now.

Key Takeaways:

Introduction (00:00)

Meet Gordon (01:12)

The best hire Gordon ever made (04:46)

How to navigate your partnership with your spouse (11:24)

Honesty is a must! (18:36)

How complacency can kill a business (33:11)

The importance of learning how to be rich (43:39)

Additional Resources:

🔥 Use code “WEALTHY24” to get $100 off on your ticket to Accelerate LIVE!:

https://www.accelerateevent.com/

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The Wealthy Contractor is a podcast for home improvement professionals who want to grow their business, work less, and make more money. Follow us for more!