Blog
How to Keep Your Dreams Alive While Finding Your Way Through the Pandemic
May 18, 2020
Category: Business Tips
In this episode of Estimate Rocket, Bill Silverman discusses how you can run your 7-figure contracting business like a CEO. Many business owners do everything they can do to absolutely everything within their company, but this can often create problems.
Running your own business comes with many challenges and they only get more complex as your business grows. The complexity comes in at around 10-15 people when you are making your first million. Up to that point, doing everything yourself may feel like the right option, but beyond that, you’re likely creating a bottle-neck in your business. Hire a management team to help you run your business. Learn how to let go. These are the lessons that are going to help you succeed.
What Are The Warning Signs To Look for As You Grow?
The warning signs are that leads are getting dropped and the owner isn’t able to keep up with all of the elements of their business. The owner may then start to pull more hours and get more efficient, but this is only a temporary fix.
Running a small business is like teaching a kid how to ride a bike. You hold onto the seat and support the business as best you can, but at some point, the time comes to let them go. Though they may fall, letting go and learning how to trust your team is essential to letting your business grow.
What Can You Do During COVID-19?
Now, with COVID-19 changing the way we all live and work, it’s more important than ever to keep focused on our health and keep focused on our goals. It’s time to innovate, create, and change the way we approach our work to keep our businesses in a strong momentum. Bill encourages his clients to keep their eyes on the path ahead, even if it’s gotten warped by a global pandemic. Even if you feel like you’re in survival mode, don’t let go of the vision. It’s still out there.
Keeping a focus on the future is all about cultivating that vision you have for your business. Your business is a masterpiece that you’re trying to create and you, as the business owner, are an artist. You’re sculpting your business out of your people, your values, and your practices.
“Fulfillment is a radical act”. If you can envision it and you can move towards that vision, then you can get there, and it may be better than you imagined.
Here’s How We’ve Helped Other Businesses.
Since working with Bill we have gone from losing money to a 6-figure profit and our business has grown more than 20%. It’s incredible. Working with Bill has been a great investment.
Bill’s tools and techniques reduced the struggle and helped me get and retain new customers. While working with Bill, my sales increased 40%, even though the price wars were brutal.
Bill’s constant guidance and insight has helped us make decisions that were instrumental in greatly improving our business and making us happier more fulfilled people.
-Rick Holtz, HJ Holtz and Son Painting
-Warren Hoffman, Hoffman Interior Painting
-Chelsea Cleary, United Security
