As a business owner, what challenges have you faced?

For many tradies, starting a business is often an exciting and fulfilling adventure. However, there are many pitfalls that they go through when putting dreams into action.

In today's episode, we will get to know Adam Spencer, who started to run his own trades business in 2010. We will discuss why working hard means working late nights is not the way to go if you want to be successful. 

Throughout the discussion, Adam will also share some life lessons he learned from burnout, entering the trades industry, and how he got back up during the heydays of his journey in running his trades business.

We invite you to get comfortable and listen to some practical advice in this episode that might be helpful for you as well. 

Discussion Points:

• 01:01 Getting to know Adam
• 03:39 Adam’s business journey
• 04:18 Adam on burnout
• 05:29 Asking for help 
• 06:12 The analogy of going slow and going fast
• 07:13 The point of self-care
• 08:07 Adam reaching a full stop
• 08:55 Adam getting back into trades
• 10:05 Barry doing other things
• 11:05 Adam getting his first million dollars
• 12:08 Adam operating his business without his full involvement
• 13:24 Adam removing himself when becoming a bottleneck
• 15:23 Barry knowing once worth when on the tools
• 18:05 Barry focusing on systems and processes
• 20:08 Barry on operating his business without him
• 20:58 Efforts given to the community and clients
• 21:31 Barry handing over the business to Adam
• 22:42 Adam not expecting the handover
• 24:19 Barry working on developing relationship with self and intuition
• 26:06 Barry expecting TBS’ growth under Adam’s leadership
• 27:46 Adam’s appreciation to the listeners

Resources:

• Visit the Tradie Business School website (https://tradiebusinessschool.com/) 
• Join us on our FREE Facebook Group (Tradies & General Contractors Global)

You can also connect with us on LinkedIn. For more podcast episodes, visit our website at https://tradiebusinessschool.com/ or subscribe to The Tradie Business School on Apple Podcasts, Spotify, and Google Podcasts.

Thank you for tuning in!