Floor Academy - Helping flooring, tile and stone contractors own an asset
Floor Academy is a podcast hosted by Kyle Hedin that provides small business information and guidance to flooring, tile and stone contractors on how to build a successful and sustainable business. The podcast aims to help contractors move from owning a job to owning an asset, by providing insights and strategies related to management, entrepreneurship, and networking.
Floor Academy covers a range of topics related to flooring, tile and stone business management, including small business advertising, paid traffic, and organic traffic. The podcast also provides information on promotional marketing, LLC setup, simple small business management, and networking strategies.
The podcast aims to help carpet, tile, stone, hardwood, floating floor, and many more types of contractors develop a deep understanding of business management, including effective networking and entrepreneurship strategies, which are crucial to achieving long-term success in the flooring industry. By discussing various topics related to small business management, such as finance, operations, marketing, sales, human resources, branding, advertising, interviewing, taxes, company structures, and more the podcast provides valuable insights to help flooring, tile and stone contractors become successful business owners by answering the question how do i market my small business.
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
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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