4.8 • 705 Ratings
🗓️ 21 July 2023
⏱️ 57 minutes
🧾️ Download transcript
Ian McCarthy is the CEO of the Blue Claw Group and president of the National Basketball League of Canada. Having a diverse professional background that includes accounting, landscaping, and basketball, he has an impressive knack for understanding the financial intricacies of running successful businesses. Known for his unique insights into company metrics and the art of navigating financial nuances, he has grown his landscaping business into a multi-million dollar company.
In this episode, we talked about the importance of understanding your business numbers, leveraging technology, building better connections in the industry…
Click on a timestamp to play from that location
| 0:00.0 | Honestly, it's like really the key to success is understanding your numbers. |
| 0:04.3 | And it sounds cliche, but I mean, every company has different numbers because your overhead is different. |
| 0:10.9 | How your company is structured. |
| 0:12.9 | How many crews you have to share the hours that have to recover that overhead. |
| 0:17.0 | Your geographical area. |
| 0:18.3 | You know, in a lot of these landscape Facebook groups, the number one type of question is, |
| 0:22.9 | how much do you guys charge to do this? |
| 0:25.4 | It's somebody who has a customer, they want a deposit check, and they don't want to do the work. |
| 0:30.8 | One, knowing their company's numbers, two, doing a proper estimate. |
| 0:34.2 | So they're looking for someone else to give them an easy answer so they can go |
| 0:37.7 | write a proposal and get a deposit check. And sometimes those are the worst jobs because, |
| 0:42.6 | you know, you could be taking jobs and make money on the actual job, but you're really not |
| 0:47.1 | making money as a company, you know, because you have to reach a certain gross profit at a certain |
| 0:51.6 | volume and with a certain overhead. And so the accounting system |
| 0:57.0 | doesn't care if you're clearing brush or building a beautiful, you know, outdoor living space. |
| 1:01.7 | It really couldn't care less about what work you're doing. It's just mathematics. And unless a |
| 1:06.8 | business owner is willing to invest in paying attention to those numbers or hiring someone |
| 1:11.4 | to pay attention to the numbers, they might as well be in Vegas at the roulette table. |
| 1:16.2 | Welcome to the Home Service Expert, where each week, Tommy chats with world-class entrepreneurs |
| 1:21.8 | and experts in various fields, like marketing, sales, hiring, and leadership to find out what's really behind their |
| 1:29.2 | success in business. Now, your host, the Home Service Millionaire, Tommy Mello. |
| 1:38.5 | Before we get started, I wanted to share two important things with you. First, I want you to |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Tommy Mello, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Tommy Mello and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.