Showing posts with label business coach for contractors. Show all posts
Showing posts with label business coach for contractors. Show all posts

Tuesday, November 21, 2017

Are You A “Show Me How to Do It Right” Kind of Business Owner?

I have been coaching business owners of contracting businesses for over 24 years. That’s a large time of my life. But the one thing that I have learned is simple and yet, most don’t follow it.
Action must happen first before results are produced.
Most business owners get into action only when they feel motivated. And, they only feel motivation when they feel an emotional inspiration.
And most people only become motivated to do something when they fear the consequences of not doing it.
That means we slack off in times when we shouldn’t.
Most contractors call me when they’re in financial trouble. You see, the motivation is business failure. The correct action would be to come to me before they are in trouble and that action would have prevented them from getting in trouble.
Emotions are powerful. They can work for you or against you. Look at the emotion of ego. If any emotion will help you or hurt you, ego is the leader of the pack.
What you really need to understand is action is the key. Action keeps you moving forward. Action produces results.
The conclusion is that if you are being prevented by some emotion than make an important change in your life and business, and do something. Harness the power of action. Don’t allow yourself to be frozen by fear, apathy, excuses, and procrastination.
So, let’s talk about this.
There are basically three types of business owners, they are:
Do nothing
Do it for me
Show me how
We all know the results from doing nothing. Nothing! They will find all the excuses in the world, but it produces nothing.
The second one, do it for me, is just as dangerous as doing nothing. The problem with ‘do it for me’ is that you do not have a true understanding of what it means and how to work it. It’s like trying to assemble something without the right tools and direction. You will end up with some parts missing or left-over and no clue what to do with them.
I’ve had clients come to me after paying big bucks to some consultant and have no clue what it means. One such client had a consultant build a report for them but had no clue how to read it or what it meant.
So, this all points to …
“Show me how’ being the pinnacle. It’s the highest rung on the ladder. It’s big, and it’s a big step up for the business owner, that’s ‘show me how to do it right.’
You see, it’s much more desirable to have someone walk you through a process, making sure you have a complete handle and knowledge of the process.
In my coaching business that is what I do. I coach my clients on how to build sales, profits, people, and lifestyle. Very much like a coach you might have had in school who showed you how to play a game better, or a tutor who showed you how to properly solve a math problem, or understand some other topic better.
Sometimes they send over their work and I just fix it for them and get them moving on the right track. The important thing is keeping them in action.
Some work with me for a few months until they feel comfortable, others have been working with me for years.
So, if coaching is so great, how come everybody’s not getting it?
Simple, most people let self-doubt stand between them and the successes they deserve.
It’s that little voice that cheerfully offers up excuses, such as, can’t afford it, I don’t have time, it won’t work for me, I don’t need it, I’ll figure it out myself, etc.
What works better, doing nothing or having someone show you how to get the results you want that is faster, easier, more efficient, than you could ever possibly do for yourself.
The latter if you want results, right?
Well then, you need to act. If you think your potential business increases could be meaningful or even life-changing – and you’re ready, we should talk. I’ll help you improve your results beyond everything you are doing now.
Seriously. When we work together, I guarantee that taking action on my advice will pay you multiples of whatever you pay me, you’re willing to put the time into it.
I’ll lead you to the right track. Help you understand what you need to do and why, devise growth strategies, develop and implement the systems and tools you need to build a business that works for you.
Not everyone gets the same results, some more and some less, and it doesn’t happen overnight, it takes time, so …
If you’re committed to ramping up your business for the coming year, while at the same time reducing your risk to the lowest levels possible and boosting your odds of success …
Set a time for us to talk with this appointment calendar link below.

Wednesday, February 22, 2017

7 Reasons to Have a Business Coach



If I were to begin my journey of owning my own construction business again, I would refrain from the believe I had in the beginning of thinking I knew what I was doing. Instead, I would have paid and sought the advice from those who had already experienced what I was going through much sooner than I did.

You see, back then, the Internet wasn’t available so you did much painstaking trial by error by either doing it or wishing you had done it differently … after the fact.

It was by luck that I met a man who had his Doctorate in Business and was intrigued by what I was struggling with. Our offices were close by, and one day we met in the hall and that started the most rewarding episode in my journey. It literally shaved years off my journey and opened my eyes as to what really makes a construction business work.
We took the business apart, piece-by-piece. 

We worked solutions and uncovered what really makes a construction business work.

It was an education because once you know what makes something work, you can use it to optimize the business. Education is the answer to reaching your dreams and true potential.

I’ve taught this business model to many other contractors. I have spoken with many contractors as well. Some ‘burned through’ tons of cash trying it their way with poor results. Partly because they believed they could develop it themselves and for years never believed a business coach could put them on the high road to success.

This group of people who try to solve all their problems themselves on their own, no matter what, miss one important point. If you don’t have the right tools, you can’t fix it. Imagine trying to repair a washing machine with only a spatula and a pen as your tools.

Nevertheless, the effect of a strong attachment to doing it yourself produces the constant struggling with problems that could be easily solved with a business coach, not to mentioned the ongoing exorbitant cost of the problem not being solved.

Maybe it is an ego problem? However, whatever it is, working on them yourself without some outside eyes who are not attached to your problem can be costly, time consuming, creates more problems, or gets you stuck at a certain point and you cannot go any further. Which draws the conclusion that doing it yourself without help doesn’t work.

Here are seven reasons why working with a business coach will be more effective than trying to do it yourself, reading a book, consulting with people who do not have a grasp on your business, or even attending a seminar.

1.    Taking the first step. Just by acting to setting up a meeting with a business coach is very meaningful. It gives you the message that the problem is meaningful to you. The action is also a turning point in your career as the owner of your own construction business. It shows you care about your business, it means you recognize and can identify the problem, and you’re willing to confront it so it can be solved.

2.    The Commitment Effect. Nothing in this world is free. Committing to coaching requires you to pay a fee. The process also takes time. Moreover, as you work with your coach in solving your problem, you are engaging with another person who sees the problem from a different view. The synergy in this increases the possibilities of solving the problem and revealing interconnecting problems that need your attention as well. The effect makes people more willing to keep their declarations and do their “homework” more carefully.

3.    Stronger Concentration. Two things that hamper a human is concentration and comprehension. Have you ever read a book or listen to someone speak and found yourself drifting away? This happens in business as well but more so when you are working it alone, one’s vulnerability to distractions is higher when working it alone. It is easy to get distracted or off-course, whereas a business coach keeps you focused and on course.

4.    Knowledge. The business coach most likely has much deeper and broader knowledge on solving the problem, and the experience of solving the same exact problem for others is saving you time and money.

5.    Taking Your Blinders Off. The real caveat of having a business coach is that they can help you uncover the problems you don’t see or unaware of. The business coach can help you put together the unconnected details into one larger picture, and can point out the underworking or missing parts of a system in your business (for example, perhaps you always intentionally ignore the real reasons you don’t have cash flow). For example, I take my new clients through 22 question business evaluation that reveals the deficiencies in their business.

6.    Concentrating precisely on your needs and moving from theory to application. It is one thing to listen or read about doing something VS doing it. Let me use this example. You attend a seminar or read a book on marketing. During that listening or reading process, almost everyone ‘thinks’ they know the basic principles, such as finding your perfect customer, communicating the benefits of working with you, or closing the deal. However, when it comes to applying these principles in practice, many people can’t do it. This is because logical understanding is something completely different from applying knowledge in real life. A business coach helps you bridge this gap.

7.    Implementation. The true benefit of coaching is not only uncovering the problems, or presenting the solution, but creating in the business owner the will to implement it in their business. This means creating a new habit. The result of a business coach showing you how to set up the process is all well and good. Teaching it to the business owner so that he understands it is another positive factor. However, getting the business owner to implement it and monitor it on a regular basis is entirely another issue. If a person has a bad habit of not doing it, that means the business coach must rewire the owner into creating the good habit of doing it on a regular basis. Implementation is the key. It takes time and patience but a good business coach is experienced is helping you accomplish it.

Too many business owners struggle with the same problems year in and year out. The result is costly and destructive. Even worse is the business owner who finds their excuse to ignore it. Their excuses range from; ‘it costs too much’, ‘they can’t afford it’, ‘this is the way business is’, ‘I can solve it myself’, or ‘their business is different’.

When you are absorbed in your problems, you can forget your strengths. Your skills, positive circumstances, and past situations are taken over by a black hole of chaotic thoughts and emotions.

Your ability to work and solve your business problems becomes cloudy, and like being in a fog you can’t find your way out.

When faced with heavy issues that may shake your outlook or working on a problem that may trigger overwhelming emotions, you can lose control.

Sometimes the support from a business coach is just about support, sometimes it’s about pointing you in the right direction or helping you work the solution and encouraging you to follow through. And sometimes it is more complicated.

I have seen massive changes in business owners who have sought my help, worked with me and developed the good habit. They have made more money, assembled a dynamic team, and found more free time for themselves to spend with family, friends, or other pursuits.

Clients who have coaches start to think and act in a constructive, positive manner as they implement the skills they are learning from their business coach. Instead of reacting, they become process-oriented.

Unfortunately, business skills are usually left by the wayside for many business owners. Instead, they focus on building their construction skills to improve their business, all the while ignoring the real problem, their business skills.

Contractors don’t fail or struggle for a lack of business skills, they fail or struggle for a lack of business skills.

If you are ready to roll up your sleeves and work on your business, not in it. Click the link below and let’s talk.


Monday, December 12, 2016

Things may change in a HUGE way!

No matter what your political outlook is, you must agree that things about to change in a big way?

Watching the latest news, you can't help but notice the momentum and enthusiasm to get our economy back on track.

Imagine, people back to work, making money, feeling optimistic about their future, and ... buying your construction services.

Just this last quarter the GDP grew to 3.2%! A HUGE difference from the paltry 1% we've experienced in the last 8 years.

Carrier announced it wasn't sending jobs to Mexico, Ford the same thing. Even Apple is trying to figure out how to make its phones in America. US Steel is bringing 10,000 jobs back. Things are changing, things are getting done. The near future looks fantastic for you.

And ...

It appears that this economy is going to grow like crazy!

However ...

Will you be ready?

Will you be able to maximize sales, profits, and growth with the existing business tools you have now?

Do you have your strategic plan to capture your fair share of this work?

What's your strategic marketing plan? Do you have all your promotional pieces ready to go?

If you are not sure, I can help. It is what I do. All you need to do is contact me and let's talk about your business.

Interested?

Click here to set up call. 

The time is now, not later when it will be too late.

Thursday, June 25, 2015

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If you don’t hear from us, it means we’ve received more requests than
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Thursday, April 23, 2015

How to Close More Deals – Part Three The Measure Call



Professional Selling



Professional selling is needs-analysis driven, and the questions you ask uncover the client’s needs.


Understanding client needs and providing solutions is what selling is all about. As I have said many times, people buy for emotional reasons, and they avoid buying from people they don’t trust. By asking detailed and specific questions from the onset, you acquire all the inside information you need to close a deal. You also get the client relaxed and comfortable with you because they perceive your questions as concern for their best interests.


The Measure Call



I like to refer to the emotional buying needs of the client as “triggers.” This is what will persuade them to buy from you when you present back to them their triggers. In essence, you flip their buying triggers.


The measure call presents the greatest opportunity to ask specifically designed questions to find these triggers. You conduct the measure call under the guise of a site inspection in order to ‘measure’ the quantity of work they want done.


You visit the site, you do take measurements, check dimensions, gather information, and collect additional information on what work the client wants done.


The client perceives your visit as just that, not as a sales call. You catch them off guard and, with the right questions, perfectly timed, they will reveal to you all the information you need to close the deal in the final selling process I call the Proposal Stage.


The two greatest points you need to understand about using the measure call is:


  • 1.     Ask pertinent, drill-down questions.

  • 2.       Listen intently.

First Impressions



People don’t make first impressions, they get anchored to them. It is important to remember that your first impression on your prospective client will weigh heavily on them and hiring you as their contractor.


Dress professionally to fit the meeting. You should have some form of identification, and don’t be afraid to present it to them. Now is the time to also hand them your business card. Your business card should be another selling tool, and not just a plain old ordinary business card. You can learn how to build a powerful business card that sells from my E Book: “The Contractor’s Magical Marketing Tool Belt!”


This also the time to leave some promotional materials, such as; Brochure, references, copy of state licenses (if any), and FAQ’s (Frequently Asked Questions). They can be handed over separately, or in some bound manner.


Small Talk



Building a high comfort level is a primary strategy of the measure call. It also helps you to uncover important information you’ll need to from the client in order to sell it back to them in the proposal stage.


Small talk, that is talk that is of the interest to the client and interwoven in the normal process of measuring for the job, breaks down any apprehensions in the client. It should ‘flow’ naturally and seem unscripted.


Here are some of those questions:


“What made you call us?”

 "If you had a wish list of what you would really like in this job, what would it be?”

“How long have you been considering this work?”

“What prompted you to do this work now?”


These are just a few of the questions. If you would like to learn more of them, I have them in my book, “How to Market & Sell Your Construction Services Like Magic!”


The measure call is an ideal time to clarify the needs and requirements of the client, as well as the restrictions, deadlines, desires, wants, expectations, perceptions and emotional buying triggers so you can formulate a proposal that addresses their needs.

________________________________________________________

Ready to grow your business?

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Let Henry show you how to build a better business one that works for you, how to improve your marketing, and how to make more profit.

To schedule a no obligation conversation with Henry Goudreau click on this link!

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Again, you accomplish this with your questions to the client and by listening intently to their responses, digging deeper with additional drill down questions when necessary. Avoid talking about yourself. Focus on the client.


If you have executed a thorough measure call you are fully armed and ready to prepare an accurate proposal call that sells your services and keeps the client focused on the benefits of doing business with you, and away from the low price arena.


We’ll talk about that in the next blog. 


Until then …


Good hunting.

Friday, April 10, 2015

How to Close More Deals – Part Two



In the last blog I talked about the process of having a lead qualifying sheet and with that, lead qualifying question or questions. 

The idea behind this is quite simple. To eliminate prospects that will never buy from you or are not your best type customer. This one simple process or part of your lead generation system will save you time and money.

Today, I would like to elaborate on the art of asking questions.

Last week I focused on finding that question that qualifies your prospective client as a real hot prospect.

Since every contractor has a different marketplace or best type client, this ‘qualifying’ question may vary. However, here are some more examples.

“How much do you expect to spend?” This is a great question and sets up the financial perspective the client is coming from. It also gives you an idea of the realistic financial value of the project.

Another great financial question is:

“Will you be paying for the work with your own cash or with a bank loan?” This also sets up the financial status of paying for the work, who will pay, and how long it will take to get paid. No matter where the funds are coming from it is important to find out how much they have to work with. 

Remember, projects often do run over budgets with unforeseen conditions or changes. You need to make sure they have the availability of acquiring the additional monies to cover the changes.

“Are you the final decision-maker or is someone else a part of the final decision making process?”  Too many contractors eager to get a job, expend too much time and money jumping right into a sales pitch without properly qualifying a potential client. 

It’s vitally important to determine who makes the final approval and decision on the deal or project. Otherwise, you’ll find yourself having to start all over again, or out of any opportunity to close a deal.

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Now that you have qualified the client as serious, the next questions should help you drill down on why they want to do the work. To be successful with this part of the process, listen intently and don’t be afraid to ask drill-down or follow-up questions.

The opening question for this part might go something like this.

“Why do you want to do this work?” This questions reveals a powerful emotional buying trigger, the “WHY” 

Again, you might need to drill down a little farther. Remember, people buy for emotional reasons, not a logical one. They JUSTIFY their emotional buying with logic.

Another might be:

“What exactly is the problem you are having?” 

Or …

“What do you need and what do you don’t need?” Good question since it focuses them on exactly what they need and you don’t have to make assumptions. Everyone has their pain points and during this process, you should be trying to uncover them.

Speaking of pain points, here is another question to uncover what you need to avoid.

“Have you ever worked with a contractor in the past on work like this?” This reveals whether they have had experience before or not. If they have, you would come back with this drill-down questions.

“What did you like and dislike about that experience?” WOW! Dynamite questions. Now they will tell you the things you want to do and the things you want to avoid!

Another question might follow along these lines.

“What are your expectations?”  Another powerful question since it reveals exactly what they expect and allows you to deal with it in a realistic manner. Now is the time to elaborate on how you schedule the work, handle questions, change orders, budgets, allowances, and all those things that can go wrong on a project.

“When do you want to start the work?” This question will help you understand the prospects perspective of when they expect you to be working on their project. In some areas of the country, the permit process can take days if not weeks and this allows you to educate them on that process and details the steps you have to take before any work gets started. Believe me, this question will avoid a ton of misunderstanding in the future.

“When do you expect the work to be completed?” This question gives you two important items. One, when they think the work will be done, which may not be realistic, and two a chance to work the deal back to a matter of urgency which might just help you close it sooner.

Let me explain.

Let’s say that they feel the work should be done by a date three months away. You calculate that it could be done but not unless you get the deal now. In this scenario, you play the urgency back to them. Such as ...

 “Mr. & Mrs. Jones. I know you want the work completed by this date. Unfortunately, the only way I can make that happen is if I have a done deal with you today. Let me explain. The permit process will take three weeks. Ordering the materials with delivery will take six weeks. The work will take three weeks. As you can see, that is your three months! In order to meet your final completion date, I need your approval of my proposal so I can get started today.”

Asking questions, the right questions, is an art form. It takes practice. To start, I would suggest you write down as many questions and drill-down/follow-up questions you can imagine. Then categorize them to the situation they apply.

If you do this, you will start the process of memorizing the questions and knowing when to ask them. However, practice is the best process.

Next week I’ll discuss part three, the Measure Call. Until then, happy hunting!