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Breakthrough Series: Nicholas Takara - Managing Subcontractors and the Risks Involved
Manage episode 438598749 series 3227783
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- Starting a business requires taking a leap of faith and learning from the challenges along the way.
- Job costing is crucial for understanding profit margins and making informed business decisions.
- Transitioning from a subcontractor model to an employee model can lead to more control over projects and potentially higher profit margins.
- Having a strong online presence, particularly on Google and review platforms like Yelp, is essential for attracting customers in the painting industry. Having a website is important to validate marketing efforts and build trust with potential customers.
- Investing in marketing is necessary to compete in a competitive industry.
- Proper subcontractor management is crucial to avoid issues and maintain profitability.
- Using software like Drip Jobs can improve project management and job costing.
- Exploring different marketing channels like Google, Angie Leads, and Facebook can help generate leads and grow the business. Video marketing is a powerful tool for attracting customers and building trust.
- Google ads, Angie leads, and Facebook marketing are effective strategies for generating leads.
- Proper coaching and training are essential for success in door-to-door marketing.
- Budgeting and investing in marketing are necessary for business growth.
- Having a positive mindset is crucial for overcoming challenges and achieving success.
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