When you started your business, your goal probably wasn’t just to create a job for yourself but to create a thriving business (one that’s highly profitable and can run without you being there every day). So, how do you achieve that?
In this episode, we’ll be discussing the Four Fundamentals of Business. Understanding, simplifying, and consistently improving the fundamentals will improve your business operation, help you grow, and may even help you sleep better.
The four fundamentals of business are:
1. Guiding the business (Leadership)
2. Getting the business (Sales & marketing)
3. Doing the business (Production of your product or delivery of your service)
4. Administering the business (Administrative tasks like bookkeeping, HR, payroll, etc.)
Listen to the full episode for more information about each.
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If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges.
We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.