Tim and Steve talk to Nicole Warren about embracing and increasing diversity in the trades, and in this case, with women. Tim makes the case that professionals in the remodeling industry must be more proactive in reaching across traditional boundaries in order to attract high preforming talent. Nicole is a great example as her strong
When you own a remodeling company, the one characteristic that’s the most important to have — in my opinion — is resilience. Resilience is the ability to learn from your setbacks and mistakes. Resilient small-business owners learn how to turn mistakes into opportunities. They learn to look past the immediate setbacks and keep their eyes
It’s tradition. With all the best intentions, you made resolutions for 2020. Maybe it was personal, to lose weight, quit smoking, work out more, or spend more time with your family. It’s also a great time to refocus on your business, resolving to boost your net profits, save more cash on hand, or hire a
As we race toward the end of the year, it’s time to take stock of all you’ve done this year in your business — jobs completed, those scheduled for 2020, and your gross and net profits, and more. When you look at your own bottom line, you may want to know how your paycheck measures
As we get into a new year and shed the end-of-year and holiday chaos, we wanted to throw it back to a PowerTipsTV Episode dealing with a hidden danger that so many remodelers ignore until it sneaks up on them. Don’t miss this one! [divider style=”hr-dotted”] As a remodeling business owner there’s a danger
With work booming, many remodeling companies are in growth mode. If you’ve been working out of a home-based office, it may be time to fly the coop. No one wants to spend money on rent or another mortgage if you don’t have to, but if working out of your home is limiting your company’s growth
The idea of selling something feels sort of dirty to a lot of people, especially if you’ve been on the wrong end of a heavy-handed salesperson. Getting your arm twisted until you succumb and make the purchase. Promises made that turn out to be empty about the benefits of buying something. Ugh! But good sales
It’s a pillar of our mission here at Remodelers Advantage… It’s a focus of many discussions at our Roundtables meetings… Work/Life Balance. Building a successful, profitable business but keeping an eye on how we live our life and being there for our families. Nothing can be more of a red flag than habitually staying late
We are constantly encouraging our Roundtables members to focus on a healthy work/life balance and to avoid the long hours; working late, missing family time and wearing themselves out. One key contributor to a healthy balance and remaining free from the “daily grind” is to work more effectively on a daily basis… really focusing on
https://www.youtube.com/embed/FIhdNWOVyjM As a remodeling business owner there’s a danger lurking out there that often gets dismissed or ignored until it’s too late… Know what it is? Well doctors often call it “the silent killer” and it’s just that.. it festers and hides and sneaks up on you… It’s STRESS! As a business owner you’re more
Learning the best way to work with purchasing managers can help create great outcomes for both sides of the remodeling business. With over a decade of experience in operations and purchasing for a national homebuilder, Bradley Hartmann has researched and found the importance of having purchasing sales teams devote their time exclusively focused on the
Selema Lawson-Jack joins the show and discusses how she found a technology fix to solve an inventory management issue but expanded its capabilities to create efficiencies across the organization and generate revenue simultaneously. She talks about how Sortly, the affordable app she implemented, operates and how she integrated it into the organization successfully. Selema worked
The Great Recession gobbled up a whole slew of remodeling companies, but more of them fail during an economic expansion than during a contraction. Growth is great, but it’s risky, and knowing how not to grow will put you ahead of the game. In this hot market, there are so many opportunities, you can get ahead of
The Locus of Control is a concept that highlights one’s ability to control the outcomes and events in their lives. When applied in a business, The Locus of Control can increase productivity, and breed ownership and support. The Tim Faller Show welcomes back guest Jef Forward, to share his experiences surrounding the locus of control
Reviewing employees in the remodeling world is, at best, a struggle. It is often an employee’s opportunity to ask for a raise and an employer’s opportunity for frustration. Tim Faller joins Mark and Victoria to talk about the necessary fundamental shift in the employee review process. Tim makes the transition from podcast host to guest