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Breakthrough Series: Ryan Pettis - The Dynamics of Family & Business
Manage episode 406240688 series 3227783
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Summary
In this conversation, Tanner Mullen and Ryan Pettis discuss the challenges of subcontracting in the painting business and the benefits of building a team of employees. They explore the importance of creating a scalable system and the need to sever the family subcontracting relationship. Tanner advises Ryan to focus on hiring employees and provides guidance on finding and training the right people. They also discuss the value of employees and the importance of selling the recruitment side of the business. The conversation concludes with a discussion on solving problems and fulfilling the needs of employees. In this conversation, Tanner Mullen provides guidance to Ryan on various aspects of running a painting business. They discuss understanding the needs of job seekers, positioning job offers to fulfill those needs, creating an environment for employee success, and balancing core team focus with additional help. They also cover handling down payments on jobs, transitioning to card payments, and lowering deposits to reduce risk for customers. Other topics include showing subs the scope of work, seeking knowledge and taking action, using Company Cam for photos and annotations, sending work orders to subs, transitioning from percentage bids to fixed prices, splitting labor costs with subs, getting workers comp exemption, and getting health insurance as a business owner.
Takeaways
- Building a team of employees is more scalable and valuable than subcontracting.
- Severing the family subcontracting relationship can help create a more professional and efficient business.
- Hiring employees requires defining what they want and selling the benefits of working for your business.
- Creating a scalable system and focusing on solving problems and fulfilling needs are key to success in the painting business.
This is my Ultimate Resource - it has everything you need to grow and scale your business. There’s referrals for marketing agencies, insurance, accounting, apps and tools, and even free courses. Check it out:
https://tannermullen.typedream.app
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