Why NOT Knowing Your Business Financials Is Killing Your Business | Dan Williams from Mahi Boats

Why NOT Knowing Your Business Financials Is Killing Your Business | Dan Williams from Mahi Boats

Author: Greg Allan: Business Podcast For Construction and Trade Entrepreneurs May 14, 2024 Duration: 38:29
The Freedom Fighters Program ๐Ÿ‘‰ https://tradies.cc/learn-more In this week's podcast, Greg sits down with academy member Dan Williams, owner of Mahi Boats and Hybrid Composites. Dan shares his journey in boat building and the lessons he has learned along the way. Dan shares his experience starting his own business and the importance of knowing your numbers and understanding costs. He highlights the value of surrounding yourself with the right people and seeking help and support. Dan started boat building 18 years ago and did his apprenticeship at two different places. He then started his own business, Hybrid Composites, and later started Mahi Boats. Dan and Greg emphasise the importance of finding a good team and surrounding yourself with experts in the trade. They highlight the significance of working with quality tradespeople and the importance of attention to detail in boat building. The conversation also touches on their roles as fathers and husbands, and the lessons they have learned in balancing work and family life. They discuss the importance of self-care and maintaining personal performance habits. To find out more about the Tradies Success Academy and how you too can level up your business, head to ourย websiteย now and book in your free strategy session with one of our expert coaches! Or follow us on Instagram, Facebook or Tiktok. Check out Dan's incredible work at Mahi Boats or Hybrid Composites.

Running a trade business often means juggling a dozen jobs at once, trying to keep clients happy while the paperwork piles up and your own time vanishes. Itโ€™s a specific kind of pressure that generic business advice just doesnโ€™t address. Thatโ€™s exactly where the Tradies Success Podcast comes in. Hosted by Greg Allan, this series cuts straight to the chase for electricians, plumbers, builders, and specialists in every field from concreting to metal fabrication. Each episode moves beyond theory, focusing on the tangible steps you can take to build a more profitable and sustainable operation. Youโ€™ll hear from fellow tradespeople who have been in your boots, sharing their real-world stories about what actually worked to increase their margins and reclaim their weekends. The conversations delve into practical tools for pricing, systems, client management, and mindset-all framed for the unique rhythms and challenges of a hands-on trade. If youโ€™re aiming for growth without the constant grind, this podcast serves as a direct line to actionable strategies and honest talk about building a business that works for you, not the other way around. Itโ€™s a resource created specifically for construction and trade entrepreneurs who are ready to translate their skill into lasting success.
Author: Language: English Episodes: 100

Tradies Success Podcast | Business Growth for Electricians, Plumbers, Builders & All Tradies
Podcast Episodes
Admin ๐Ÿ˜๐Ÿ’ป How do you get better at admin work? [not-audio_url] [/not-audio_url]

Duration: 7:45
Today, let's get real about why we got into the trades in the first place and how we can make our businesses work better for us. We all know that sinking feeling when paperwork and admin start to pile up. It's like beingโ€ฆ
Cashflow ๐Ÿ’ต๐Ÿ™„ How do I create Consistent Cashflow? [not-audio_url] [/not-audio_url]

Duration: 7:46
Understanding Cash Flow: The Lifeblood of Your Business Cash flow isn't just numbers on a spreadsheet; it's the pulse of your enterprise. Knowing how money moves in and out empowers you to make better decisions and ensurโ€ฆ
Business Profit ๐Ÿ’ธ How do I Become More Profitable From My Trade Business? [not-audio_url] [/not-audio_url]

Duration: 5:33
๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฃ๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—™๐˜‚๐—ป๐—ฑ๐—ฎ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—น๐˜€:The first step towards becoming more profitable is understanding what profit actually is. It's not just what's in your bank account; it's the money left over after covering all your operโ€ฆ