Sparky Coach

Sparky Coach

🌴 Make money. Build wealth. Be kind. 📈 We help sparkies build generational empires 🎙️ 3 x podcasts out weekly

  1. 1d ago

    #313 // “Five Simple Ways To Make More Money In Your Electrical Business (Part 1) with Greg Crowe 

    Making money is easy when you know how.  The trouble is, sometimes we get busy and conveniently forget the ways to make money. The truth is that it’s not that complicated, it’s actually a very simple concept.  In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows:  -weekly revenue exceeds weekly expenditure (ie profit / loss)  -the jobs that are starting and finishing every week (ie “closed jobs”) are at a solid net profit  -the jobs that are running over weeks + months(ie “open jobs”) are on their way to making a solid net profit  -all paid hours are allocated to a job (ie “labour efficiency”) -all hours completed are effective + efficient (ie “quality of hours”)  Sometimes it’s in the moments when we peel ourselves away from the mundane day to day grind where we can see how simple running a business really is.  Revenue > expenditure. Be kind. Repeat.  May these words inspire you as you proceed on your journey of making money, building wealth + being kind.  Much love,  Crowe Summary Greg Crowe shares practical strategies to increase profitability and build a sustainable electrical business over the long term. He emphasizes the importance of long-term planning, maintaining business health, and focusing on implementation over complexity. Keywords Electrical business, profitability, long-term planning, business growth, financial management, Sparky Coach, revenue, expenses, net profit, business systems Key Topics Long-term planning and its impact on business success The importance of weekly revenue exceeding expenses Building relationships with clients and staff for long-term success The role of gross profit and net profit in business health Strategies for increasing revenue and reducing costs Titles 5 Ways to Make More Money in Your Electrical Business The Long Game: Building a Sustainable Electrical Business Chapters 00:00 Introduction to Business Growth Strategies 02:51 The Power of Long-Term Thinking 07:34 Balancing Short-Term Hustle with Long-Term Goals 12:14 Five Ways to Increase Revenue in Electrical Business 15:22 Understanding Revenue and Expenditure 26:07 Conclusion and Key Takeaways

    31 min
  2. Jun 8

    #312 // 11 Ways To Derail + Stunt Your Business Compounding (Part Four) with Greg Crowe

    Business compounding is amazing.  There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years.  If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m dollars in personal + business profit.  If we start at $1.5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $5.6m and you would have accumulated nearly $11.5m dollars in personal + business profit.  If we start at $5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $19m and you would have accumulated nearly $34m dollars in personal + business profit.  Sometimes slow + steady really does win the race.  So what do you do from here?  It’s time to embrace your trade god ordained destiny of making money, building wealth + being kind.  Get after it!  Much love,  Crowe x  Summary This episode explores 11 critical ways to derail your business growth and how to avoid them. It emphasizes the importance of long-term vision, relationship building, self-care, and maintaining integrity to ensure sustainable success. Keywords business growth, entrepreneurship, business strategy, long-term success, relationship building, self-care, business mindset, business development, leadership, business planning Key Topics Long-term vision and business planning Relationship building with clients and partners Importance of self-care and mental health in entrepreneurship Titles 11 Ways to Derail Your Business and How to Avoid Them Building a Business That Lasts: Key Insights for Entrepreneurs Sound Bites "It's about growing as a person, not just the business." "Control your time or lose control of it." "Make the business an asset you're proud of." Chapters 00:00 Introduction: The Power of Business Compounding 01:20 The Glasses and Ponytail Analogy: Seeing Your Business Clearly 02:48 Thinking Long-Term: 15 to 20 Years of Business Growth 04:15 Avoiding Short-Term Mindset: Focus on Value, Not Just Money 07:33 Prioritizing Product Quality and Customer Relationships 08:50 Finding Purpose Beyond Money and Growth 12:13 Building Relationships with Suppliers and Partners 14:08 Self-Care and Headspace for Business Success 16:05 Controlling Your Time and Avoiding Negative Bonding 20:48 Summary: Focus on What Truly Matters for Long-Term Success

    23 min
  3. Jun 6

    #311 // 11 Ways To Derail + Stunt Your Business Compounding (Part Three) with Greg Crowe

    Business compounding is amazing.  There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years.  If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m dollars in personal + business profit.  If we start at $1.5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $5.6m and you would have accumulated nearly $11.5m dollars in personal + business profit.  If we start at $5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $19m and you would have accumulated nearly $34m dollars in personal + business profit.  Sometimes slow + steady really does win the race.  So what do you do from here?  It’s time to embrace your trade god ordained destiny of making money, building wealth + being kind.  Get after it!  Much love,  Crowe x    Summary This episode explores the key principles of business growth, focusing on long-term strategies, avoiding common pitfalls, and building wealth through consistent effort and smart management. Keywords business growth, entrepreneurship, wealth building, business strategy, long-term success Key Topics Long-term business growth strategies The importance of delegation and systems Wealth accumulation over 15 years Pitfalls that stunt business growth Balancing site involvement and office management Titles The 15-Year Business Growth Blueprint: How to Build $8.4M in Wealth Avoid These 11 Pitfalls to Keep Your Business Growing Sound Bites "Achieving 20-35% net profit is possible" "You can grow 10% annually for 15 years" "Stay out of the weeds to grow your business" Chapters 00:00 The Journey of Entrepreneurship 02:50 The Power of Compound Growth 06:09 The Importance of Elevation in Business 09:04 Avoiding Micromanagement 11:49 Building Effective Systems 15:13 Hiring and Retaining Talent 18:06 The Balance of Involvement in Operations Resources Built to Sell by John Warrillow - https://www.amazon.com/Built-Sell-Create-Business-You/dp/1591845324

    22 min
  4. Jun 3

    #310 // 11 Ways To Derail + Stunt Your Business Compounding (Part Two) with Greg Crowe

    Business compounding is amazing.  There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years.  If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m dollars in personal + business profit.  If we start at $1.5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $5.6m and you would have accumulated nearly $11.5m dollars in personal + business profit.  If we start at $5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $19m and you would have accumulated nearly $34m dollars in personal + business profit.  Sometimes slow + steady really does win the race.  So what do you do from here?  It’s time to embrace your trade god ordained destiny of making money, building wealth + being kind.  Get after it!  Much love,  Crowe x  Summary This episode explores the common pitfalls that can derail business growth and personal wealth, emphasizing the importance of patience, strategic decision-making, and avoiding greed. Learn how to stay on track with practical insights and real-world examples. Keywords business growth, wealth building, business mistakes, strategic planning, patience, avoiding greed, business quotes, entrepreneurship, business tips, financial success Key Topics The importance of patience and compound growth Common mistakes that derail business progress The dangers of greed and rushing success Takeaways Slow and steady wins the race in business and wealth building. Avoid getting greedy too soon to prevent financial setbacks. One bad project or decision can significantly derail growth. Titles 11 Ways to Derail Your Business Growth and Wealth The Power of Patience in Business: Avoiding Common Pitfalls Sound Bites "Slow and steady wins the race." "Your time might not be right now." "Don't get too greedy too soon." Chapters 00:00 Introduction to Business Compounding Challenges 03:10 The Power of Slow and Steady Growth 05:59 Identifying Major Constraints in Business 09:14 Avoiding Greed in Business Decisions 12:01 The Impact of Misquoting Projects 21:08 Making Wise Business Decisions

    26 min
  5. Jun 2

    #309 // 11 Ways To Derail + Stunt Your Business Compounding with Greg Crowe

    Business compounding is amazing.  There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years.  If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m dollars in personal + business profit.  If we start at $1.5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $5.6m and you would have accumulated nearly $11.5m dollars in personal + business profit.  If we start at $5m revenue and budget in conservative market averages (10% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $19m and you would have accumulated nearly $34m dollars in personal + business profit.  Sometimes slow + steady really does win the race.  So what do you do from here?  It’s time to embrace your trade god ordained destiny of making money, building wealth + being kind.  Get after it!  Much love,  Crowe x  In this episode, Greg Crowe discusses crucial pitfalls that can hinder the long-term growth and success of your business. Whether you're a seasoned entrepreneur or just starting out, understanding and avoiding these common derailers can help you build sustained wealth and stability over decades. Key topics: The importance of recognizing the power of business compounding and long-term planningThe dangers of stray from what works and the value of consistent daily habitsThe significance of small gains and regular progress in business growthWhy underestimating compound effects can severely limit your successThe necessity of tracking actual business performance versus forecastsHow to maintain long-term focus and avoid shortsighted decisionsThe role of clarity, discipline, and sticking to proven systemsThe impact of good customer relationships and reputation in scalingBuilding habits that do not crumble, but gradually crumble when neglectedThe importance of setting a realistic, long-term vision to inspire ongoing effort Timestamps:  00:00 - Introduction: 10 ways you might unintentionally derail business compounding 00:29 - The benefits of slow and steady growth over 20 years  00:58 - Differences between sprinters and marathon runners in business  01:28 - Building a business with a 15-20% organic growth rate  02:27 - Why most entrepreneurs aim for long-term success, not quick wins  02:55 - How to intentionally sabotage your business without realizing  03:24 - Common bad decisions that accumulate over time 03:49 - Visualizing future success and long-term vision  04:16 - The importance of stopping to assess your current position  04:40 - How ignoring the power of compounding stalls growth  05:09 - The math of business growth with 15% year-on-year increase  05:33 - Managing operational costs to maximize net profits  05:58 - The impact of operational inefficiencies on profit  06:24 - Conservative growth scenarios and staggering long-term wealth  07:22 - The significance of customer relationships and reputation  07:50 - Visualizing wealth accumulation over 15 years  08:19 - Setting realistic growth expectations 08:48 - Why staying committed to habit and system consistency matters 09:18 - The value of close-out routines in daily business management 09:44 - The dangers of relying on forecasts over actual performance 10:14 - Embracing the long game, starting today 10:44 - The power of patience and incremental progress 11:14 - Building a referral-based, organic growth model 11:44 - The importance of small beginnings

    24 min
  6. May 30

    #308 // “The Power of Business Compounding: Grow Wealth Over 20 Years (Part Two)” with Greg Crowe

    Today Greg Crowe walks us through part 2 of the power of compounding.  We run through: -how compounding works + why it won’t happen overnight  -why you need to stay positive while you’re in the growth stages of business  -why you need to understand the obstacles that you are up against so you can fight them head on  -the common reasons people lose sight of their long term plan  -how to stay focused + delay gratification and not cash all your chips in on a sexy boat in year 3  -the importance of watching your habits around stress  If you haven’t had a chance to watch part one I would highly recommend that first.  Enjoy the pod and if you want a copy of the spreadsheet reach out anytime.  May this pod bless + propel you into your trade god ordained destiny of being kind, living life + making money.  Much love,  Crowe  Summary This episode explores the power of business and wealth building over 20 years, emphasizing patience, discipline, and the importance of viewing your business as an asset. Sparky Coach shares insights on long-term growth, overcoming obstacles, and maintaining a healthy life balance. Keywords business growth, wealth building, long-term strategy, discipline, asset management, business compounding, patience, stress management, life balance Key Topics Power of business compounding over 20 years Importance of patience and discipline in wealth building Viewing your business as an asset, not a liability Takeaways Most wealth is built slowly through consistent effort and patience. Your business can be a powerful asset if managed properly. Back your gut feelings to seize opportunities. Measure every job and stay dialed into your business metrics. Delaying gratification and slow growth lead to greater long-term success. Host Name Greg Crowe  Titles The 20-Year Business Wealth Strategy You Need to Know How to Build Wealth Slowly and Securely Over 20 Years  Sound Bites "Most wealth is built slowly over time." "Rome wasn't built in a day." "Back your gut feelings in business." Chapters 00:00 The Power of Business Compounding 02:58 Building Wealth Over Time 06:03 Backing Your Gut Instincts 08:49 The Importance of Systems 12:05 Overcoming Obstacles 14:57 Managing Stress and Habits 17:47 The Impact of Delayed Gratification 21:04 Discipline and Long-Term Success 23:50 Creating a Life of Significance Resources Sparky Coach Website - www.sparkycoach.com.au Business Compounding Spreadsheet - https://sparky.coach/wealth-spreadsheet

    27 min
  7. May 27

    #307 // “The Power of Business Compounding: Grow Wealth Over 20 Years” with Greg Crowe

    Today Crowe takes us through the power of compounding.  What could your business, and life, look like in 20 years time?  Slow growth, 10-20%, year after year, over 20 years, doesn’t sound that sexy (to most people)  But let’s go through the numbers! As we know, just like Shakira’s hips, numbers don’t lie.  The numbers may genuinely rock you when you see it on paper.  If you’re starting out, let this inspire you.  If you’re in the middle somewhere, let this inspire you.  If you want to slow down someday, let this inspire you.  May this pod bless you and propel you into your trade god ordained destiny of making money, building wealth + being kind.  Much love,  Crowe x  Summary This episode explores the power of business and personal compounding, emphasizing long-term growth, patience, and strategic decision-making. It highlights how consistent, wise actions over 15-20 years can lead to extraordinary financial success and asset building. Keywords business growth, compounding, long-term success, wealth building, entrepreneurship, financial planning, business strategy Key Topics The concept of business compounding growth Long-term planning and patience in entrepreneurship The importance of consistent good decisions Financial projections over 15-20 years Asset building through business Guest Name Greg Crowe  Titles The Power of Business Compounding: Grow Wealth Over 20 Years How Consistent Decisions Build Million-Dollar Businesses Sound Bites "The power of compounding is transformative." "Everyone's journey is unique and full of stories." "Focus on long-term growth, not quick wins." Chapters 00:00 The Power of Compounding in Business 04:41 Long-Term Growth vs. Short-Term Gains 08:53 Understanding Revenue and Profit Metrics 12:44 Visualizing Financial Growth Over Time Resources Business Growth Calculator - https://example.com/business-growth-calculator

    18 min
  8. May 26

    #306 // The Crowe Show “Don’t Ignore The 6th Huge Red Flag That Could Destroy Your Business”

    Sequels can be tricky sometimes.  Was Mortal Kombat 2 really better than Mortal Kombat 1?  Was Kickboxer 2 really better than Kickboxer 1?  The answer, of course, is incredibly subjective.  Today Greg Crowe presents you a sequel to pod #300 // The Crowe Show “Don’t Ignore These 5 Huge Red Flags That Could Destroy Your Business”.  In pod #300 we discussed the symptoms of the red flags, today we discuss what you can do about it.  A couple of thoughts here...  -there really is no substitute for early intervention  -your problem is not that big or unique (ie someone has been though this before don’t stress too hard!)  -don’t keep burying your head in the sand pls some problems just keep getting bigger -left not confronted right now your problem is the smallest that it’s ever going to be  So sit back and enjoy the pod. We hope this propels you into your race god ordained destiny of making money, bullying wealth + being kind.  Much love!  Crowe x  Host  Greg Crowe  Summary This episode covers five critical red flags that can threaten your business's success and personal well-being. It emphasizes the importance of awareness, timely action, and working with the right people to build a sustainable and profitable business. Keywords business red flags, business growth, financial management, time management, leadership, entrepreneurship, business coaching Key  topics Red flags in business that threaten success Importance of early intervention and awareness Financial management and profitability strategies Titles 5 Red Flags That Could Destroy Your Business How to Recognize and Fix Business Red Flags Sound Bites "The challenge must cause change" "Awareness is 70% of the battle" "Be the savior of your calendar" Chapters 00:00 Identifying Red Flags in Business 05:57 The Importance of Awareness and Action 11:46 Financial Management and Profitability 17:45 Time Management and Work-Life Balance 34:02 Working with the Right People Resources The E-Myth by Michael E. Gerber - https://www.amazon.com/E-Myth-Revisited-Why-Most-Small/dp/0887307280 Sparky Coach Program - https://sparkycoach.com.au Charlie Munger's Wisdom - https://www.collaborativefund.com/blog/charlie-mungers-wisdom/

    42 min

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🌴 Make money. Build wealth. Be kind. 📈 We help sparkies build generational empires 🎙️ 3 x podcasts out weekly

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