{"id":17488,"date":"2023-01-30T09:19:10","date_gmt":"2023-01-30T09:19:10","guid":{"rendered":"https:\/\/www.franchiselocal.co.uk\/news\/?p=17488"},"modified":"2023-01-30T09:19:10","modified_gmt":"2023-01-30T09:19:10","slug":"revenue-increased-from-3-million-to-5-8-million-during-coaching-relationship","status":"publish","type":"post","link":"https:\/\/www.franchiselocal.co.uk\/news\/revenue-increased-from-3-million-to-5-8-million-during-coaching-relationship\/","title":{"rendered":"Revenue increased from $3 million to $5.8 million during coaching relationship"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p><strong>COMPANY PROFILE<\/strong><\/p>\n<p>A residential exterior home remodeling and repair company specializing in siding, windows, roofs, and decks.<\/p>\n<p><strong>CHALLENGES<\/strong><\/p>\n<p>The owner grew the company to $3.1 Million in revenue using self-discipline, determination, and elbow grease. This chutzpah led the company into what is called the \u201cMidas Trap,\u201d where no matter what they touch it turns to gold. The problem with this is that it leads to complacency &#8211; unless they keep the edge and continually push for growth, decline is going to happen\u2026 and that\u2019s what was happening with the company. The owner was working in all areas of his business doing the work. He was exhausted and needed to determine how to get himself and his business operating without him doing everything.<\/p>\n<p><strong>SOLUTIONS<\/strong><\/p>\n<p>We took a dual-focus approach. We worked on the initial problem of the business depending heavily on the owner having the \u201cMidas Touch,\u201d and him working in the business instead of on the business. We addressed this by implementing business processes, systems, methods, and most importantly, people to ensure that we had the right team in place for growth. We also worked on building, defining, ensuring the foundation of any business &#8211; Vision, Mission, Purpose, Values and an Unique Selling Proposition.<\/p>\n<p><strong>RESULTS<\/strong><\/p>\n<p>The owner of the company is now operating with just one hat &#8211; which is Leader of the organization responsible for setting the strategic direction, finding and retaining A-level talent, and cultivating an amazing culture for them to work in. The company has broken free of the \u201cMidas Trap\u201d and now the owner works on the business and not in the business. Over a 3-year timeframe of us working together, the company\u2019s revenue has grown from $3M to $5.8M annually.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>COMPANY PROFILE A residential exterior home remodeling and repair company specializing in siding, windows, roofs, and decks. CHALLENGES The owner grew the company to $3.1 Million in revenue using self-discipline, determination, and elbow grease. This chutzpah led the company into what is called the \u201cMidas Trap,\u201d where no matter what they touch it turns to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":17490,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30,1536],"tags":[],"class_list":["post-17488","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-franchises","category-focalpoint-uk"],"acf":[],"jetpack_featured_media_url":"https:\/\/www.franchiselocal.co.uk\/news\/wp-content\/uploads\/2023\/01\/unnamed.jpg","_links":{"self":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/17488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/comments?post=17488"}],"version-history":[{"count":0,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/posts\/17488\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media\/17490"}],"wp:attachment":[{"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/media?parent=17488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/categories?post=17488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.franchiselocal.co.uk\/news\/wp-json\/wp\/v2\/tags?post=17488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}