April 2

HPS013: What It Takes To Stand The Test of Time & 3 Generational Transitions

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Contractor Momentum
Contractor Momentum
HPS013: What It Takes To Stand The Test of Time & 3 Generational Transitions
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It’s not easy for trades businesses to last 10 years, yet alone 60.  But todays guest currently runs a business his grandfather started over 60 years ago, which shows that trades businesses CAN stand the test of time. On this podcast, he’ll share how businesses can last with smoother generational transfers through his personal experience.

 

Here’s a few things we got to talk about:

[02:29] What’s great about having customers for life

[05:43] How to keep employees longer through a family atmosphere

[11:50] Dealing with bad hires

[18:23] Going through the handover process (which happened two times!)

[23:27] Doing things differently to get 30% growth after the generational transfer

[26:37] Avoiding bad transitions with an exit plan and open communication

[35:37] Standing apart from other contractors

 

Our Facebook Group: http://contractormomentum.com/join-group

 

Resources:

https://ozfence.com


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