Show Summary
Stan Genadek, owner of Genadek Landscaping and Excavating Inc. joins Episode 18 of the Profit First Podcast. Stan talks about the importance of job satisfaction and how it relates to the profit margins of your business.
Our Guest
Stan Genadek grew up join the country and has been working in the excavation and landscaping Industry since he was 13 - Shhh don’t tell the child labor laws. He moved to the Twin Cities Metropolitan area and paid his way through the college – the only way he knew how – running a landscaping crew. Stan quickly built this up from nothing into one of the largest specialty companies in the Midwest, and has now refocused his energy into helping others do the same. He runs the Landscape Business Pro Podcast – a program dedicated to finding experts from around the world and bringing their knowledge to help contractors everywhere Build a Better Business.
Show Quotes
I started to build my company focused on growth alone. We quickly grew to bring in $2 million dollars per year and were booked up months in advance – but the profits were not reflecting the amount of work we were putting into the business.
It can’t just be about profitability; the bigger we grew, the more miserable we became. When you have that much going on at work, it’s almost impossible to not bring that home with you. If you focus on your job satisfaction, ultimately that will result in profit.
You have the option to be the Jack of all trades and Master of none; take on any project that comes your way, but unable to do any of it really well or with the maximum amount of profits you could achieve. Instead, make the decision to become a Jack of all trades and Master of two – one bigger niche and a smaller one.
Pick your niches strategically and become an expert in those two things. Once you do this, you can put systems in place to maximize the use of your time and learn how to run a healthy, profitable business (because you are mastering two specific services).
Tip of the Day: Stop asking how BIG your business is, and start asking how HEALTHY your business is.
Show Links
The landscape business pro Podcast
Dirt Monkey: http://dirtmonkey.net
Genadek Landscaping and Excavating Inc
Show Sponsors
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