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The Home Service Expert Podcast

How Having A Single Focus Can Make You 10X Better At Business

The Home Service Expert Podcast

Tommy Mello

Business, Management

4.8705 Ratings

🗓️ 14 July 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

Randy Stanbury is the author of The Small Business Freedom Formula. He is the founder of Service Freight Systems, a business he started at 23 years old in 1995. He has since grown it into a multi-million-dollar company, which he later sold—a true success story of a business that was essentially founded in a bedroom in his parents’ house. Nowadays, he gives business advice to stressed-out entrepreneurs in the Ontario area to help them take back control of their contracting business, achieve massive revenue growth, and enjoy a life with more freedom.

In this episode, we talked about coaching, leadership, entrepreneurship, strategy...

Transcript

Click on a timestamp to play from that location

0:00.0

you know, in my logistics business, I could tell every hour of the day if we were winning or losing.

0:05.1

And that's really where, and I'm sure in your business right now, you've got those metrics.

0:09.9

You can tell how well the business is operating, looking at some form of scoreboard or dashboard,

0:15.9

whoever you want to call it, that's telling you how well things are going in every area and every division of the

0:22.4

business. And if you have that, then you can step away and you can take your eye off the ball

0:28.4

and you can go do something new. And I'm proof of that because I did it. But the truth of the

0:33.6

matter is if you don't have those metrics to look back on and look at where the business

0:38.4

is at any given hour of the day or week, then how do you really know if the business is doing

0:44.6

well or not? How do you know if it's winning or losing? How do you know how to adjust in

0:49.9

certain areas of the business that is not working well if you're not there? So I think that's the biggest critical part when you want to remove yourself is knowing how

0:59.6

you're going to now, let's say, lead or manage it from afar.

1:03.8

And it's from those scoreboards.

1:05.9

Welcome to the Home Service Expert, where each, Tommy chats with world-class entrepreneurs and experts

1:12.2

in various fields, like marketing, sales, hiring, and leadership to find out what's really behind

1:18.6

their success in business. Now, your host, the Home Service Millionaire, Tommy Mello.

1:29.4

Welcome back to the home service expert.

1:31.4

Today I have an awesome guest visiting his home base is Burlington, Ontario.

1:36.8

He's an expert in coaching, leadership, entrepreneurship, and strategy.

1:40.8

He's the four-level coach chief inspiration officer from 2018 to now.

1:46.7

And he owned a company called Service Freight Systems and Warehousing.

1:50.2

He founded service freight systems in 1995 when he was only 23 from his bedroom and his parents' house.

1:56.6

Over the years, he grew business until he generated multiple millions of dollars in annual revenue and eventually sold it for a considerable amount of money.

...

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