50 min

21: Managing Multiple 7-Figure Businesses with Nathan Lange Gathering The Kings

    • Entrepreneurship

This week on Gathering the Kings, Chaz Wolfe is joined by Nathan Lange to discuss his experience in entrepreneurship. Nathan owns several businesses: Northland Monument, which deals in everything from granite countertops to masonry supplies, and Northland Spray Foam. He recently started a property management company that sells commercial properties. Nathan has had an entrepreneurial background, as far back as elementary school and monetizing turtle races and shop class. There was always a way to better the current situation, whether it was in the good graces of the principal by building him a bookshelf. There was always a way to better yourself.
Nathan was raised while his family was building the granite company, which gave him a unique outlook on what it takes to grow a business from the ground up. Conversely, he's not the type of person to push his own kids into the family business, believing we each have our own paths. But having your kids involved in business teaches them to work ethic and how to deal with money– both good and bad.


Nathan hasn't always experienced success, and he's had to rebuild. That's why it's important to learn to pivot and keep an open mind. The direction your original path you started out on, the one you thought you had, isn't always the one you're going to stay on. Change is hard, but it's something that happens a lot. Additionally, don't be afraid to let go of bad employees when you're just starting out. It's easy to think you have to hang on to them because you need them, but they can spoil the mood of the whole company. As an entrepreneur, it's easy to think you have to do everything on your own, but you can't. So don't be afraid to promote your good employees and take them along for the ride.


When getting started in entrepreneurship, it's important to know where you're going and why you're going there. Whether it's financial freedom or something else, just having direction and writing it down is the first step to success.


Profit is an important metric, but Nathan believes that customer satisfaction takes precedence. You don't make money on every job every time, and Nathan has even lost money to correct a mistake and make the customer happy. It's not something you want to make a habit of, but you have to ensure you're helping your customer reach their goals, whatever that may be.


Meeting other entrepreneurs and business owners in your industry is also very helpful for growing, but it can be challenging. It's one thing to go to networking events and spend the money. It's the next thing to actually network. Anyone can walk the sales floor. Introduce yourself, and meet someone, but it's very hard. You have to make an actual effort. If you're somebody who wants to grow, talk to other business owners who have done it and figure out how they pulled it off.


Book recommendations:
Profit First
Think and Grow Rich





Socials:


Facebook: nathanlange
Website :https://northlandmonument.com/ (https://northlandmonument.com)
https://northlandsprayfoam.com/ (https://northlandsprayfoam.com)

This week on Gathering the Kings, Chaz Wolfe is joined by Nathan Lange to discuss his experience in entrepreneurship. Nathan owns several businesses: Northland Monument, which deals in everything from granite countertops to masonry supplies, and Northland Spray Foam. He recently started a property management company that sells commercial properties. Nathan has had an entrepreneurial background, as far back as elementary school and monetizing turtle races and shop class. There was always a way to better the current situation, whether it was in the good graces of the principal by building him a bookshelf. There was always a way to better yourself.
Nathan was raised while his family was building the granite company, which gave him a unique outlook on what it takes to grow a business from the ground up. Conversely, he's not the type of person to push his own kids into the family business, believing we each have our own paths. But having your kids involved in business teaches them to work ethic and how to deal with money– both good and bad.


Nathan hasn't always experienced success, and he's had to rebuild. That's why it's important to learn to pivot and keep an open mind. The direction your original path you started out on, the one you thought you had, isn't always the one you're going to stay on. Change is hard, but it's something that happens a lot. Additionally, don't be afraid to let go of bad employees when you're just starting out. It's easy to think you have to hang on to them because you need them, but they can spoil the mood of the whole company. As an entrepreneur, it's easy to think you have to do everything on your own, but you can't. So don't be afraid to promote your good employees and take them along for the ride.


When getting started in entrepreneurship, it's important to know where you're going and why you're going there. Whether it's financial freedom or something else, just having direction and writing it down is the first step to success.


Profit is an important metric, but Nathan believes that customer satisfaction takes precedence. You don't make money on every job every time, and Nathan has even lost money to correct a mistake and make the customer happy. It's not something you want to make a habit of, but you have to ensure you're helping your customer reach their goals, whatever that may be.


Meeting other entrepreneurs and business owners in your industry is also very helpful for growing, but it can be challenging. It's one thing to go to networking events and spend the money. It's the next thing to actually network. Anyone can walk the sales floor. Introduce yourself, and meet someone, but it's very hard. You have to make an actual effort. If you're somebody who wants to grow, talk to other business owners who have done it and figure out how they pulled it off.


Book recommendations:
Profit First
Think and Grow Rich





Socials:


Facebook: nathanlange
Website :https://northlandmonument.com/ (https://northlandmonument.com)
https://northlandsprayfoam.com/ (https://northlandsprayfoam.com)

50 min