1 hr 4 min
Balancing Family and Business in 2023 with Bill and Kerry Ferguson - Ep #153 The No Bullsh*t Podcast For Contractors
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- Entrepreneurship
HEY ROCKSTARS!
I know you know it—the dynamic of a family business is different from the others.
Certain situations may cause conflict among family members, and sometimes, boundaries between family life and work life become blurry.
So, what should you do if you have some form of the family business? And how can you overcome certain challenges that come with it?
Jump into this podcast as there is a value-packed conversation with the lovely husband and wife team: Bill and Kerry Ferguson.
We’re going to talk about issues that couples in business struggle with, business challenges around getting control of your team, getting on the same page with your goals, and more!
This is going to be fun! Hit that play button now!
Chapters:
1:41 If you have a family business, you need to listen to this
6:50 Knowing the numbers and having a more strategic plan
10:58 What's Bill's approach when he realized he wasn't charging enough?
16:35 The first step is to get on the same page with your goals
20:51 Tell your team why you're trying to do what you do
26:51 The importance of communication, even though it's a micro goal
29:40 The biggest impacts from a time perspective or appreciating admin help
35:39 Advice for those who don't have an admin person
41:15 Why you need to use the word "valuing" to describe your business
46:06 Doing more sales, but have less money in the bank
50:25 It's essential to be in broad agreement with your partner when it comes to business
54:56 How to ensure that your plans can work
Connect with us:
📌 Join Our FB Group (16800+ members)
https://www.facebook.com/groups/498934880541178/
📌 Follow Us On Instagram
https://www.instagram.com/profitforcontractors/
📌 Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
📌 Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
📌 Spotify:
https://anchor.fm/profitforcontractors
HEY ROCKSTARS!
I know you know it—the dynamic of a family business is different from the others.
Certain situations may cause conflict among family members, and sometimes, boundaries between family life and work life become blurry.
So, what should you do if you have some form of the family business? And how can you overcome certain challenges that come with it?
Jump into this podcast as there is a value-packed conversation with the lovely husband and wife team: Bill and Kerry Ferguson.
We’re going to talk about issues that couples in business struggle with, business challenges around getting control of your team, getting on the same page with your goals, and more!
This is going to be fun! Hit that play button now!
Chapters:
1:41 If you have a family business, you need to listen to this
6:50 Knowing the numbers and having a more strategic plan
10:58 What's Bill's approach when he realized he wasn't charging enough?
16:35 The first step is to get on the same page with your goals
20:51 Tell your team why you're trying to do what you do
26:51 The importance of communication, even though it's a micro goal
29:40 The biggest impacts from a time perspective or appreciating admin help
35:39 Advice for those who don't have an admin person
41:15 Why you need to use the word "valuing" to describe your business
46:06 Doing more sales, but have less money in the bank
50:25 It's essential to be in broad agreement with your partner when it comes to business
54:56 How to ensure that your plans can work
Connect with us:
📌 Join Our FB Group (16800+ members)
https://www.facebook.com/groups/498934880541178/
📌 Follow Us On Instagram
https://www.instagram.com/profitforcontractors/
📌 Message us on FB
https://www.facebook.com/profitforcontractors
Full episode available to listen to on:
📌 Apple Podcast
https://podcasts.apple.com/us/podcast/the-profit-for-contractors-podcast/id1504320346
📌 Spotify:
https://anchor.fm/profitforcontractors
1 hr 4 min