Floor Academy - Helping flooring, tile and stone contractors own an asset

I Won't Out Work You, I'll Out Delegate You - Cody Cox - Cox Tile

February 14, 2024 Kyle Hedin - Speaker, Mastermind Facilitator, Writer, Content Creator, Business Therapist, and Contractor Season 6 Episode 7
Floor Academy - Helping flooring, tile and stone contractors own an asset
I Won't Out Work You, I'll Out Delegate You - Cody Cox - Cox Tile
Show Notes

The internet will have you believe that if you hustle hard enough that you can accomplish anything. You can build a great business, you can have multiple successful side hustles, and plenty of time for your family as well. This attitude is super toxic and leads to a mindset that stops you from actually growing. If you work 16 hours a day or even 20 hours a day, then you can get 80 to 100 hours in a five day week. I'll even give you 7 days because you are a hustler, so that gets you 112 to 140 hours a week. If I can work my 10 hours 5 days a week and hire 4 people to each work 8 hours a day 5 days a week, then I am sitting at 50 hours for myself and 150 hours for the employees for a total of 200 hours per week. I may have made slightly less because I am paying out salaries but I would even dispute that. I've leveraged the time I have available to do higher per dollar transactions and multiplied my time by delegating.

Cody Cox is stepping up at Cox Tile which was founded by his father. After going to college to be a physical therapist he rethought what he wanted to do before grad school and jumped into the family business. This has led to him learning all of the tasks in the business and spending time in each department so that he earned the respect of everyone around him and wasn't just another SOB (Son Of A Boss). He's made a lot of changes within in the company and how it gets handled but he has also had to trust the team that was in place to execute those changes. It was always easy to do and even his own father was hesitant.

Listen in to this week's episode of the Floor Academy Podcast to learn why Cody will not out work you but that he will out delegate you to get where he wants to go.

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