167. How to “Backfill” Your Position as a Business Owner | Patrick Fingles
You hear it all the time: You must work ON the business, not IN the business, if you want to grow.
But if you’re working ON it… who’s working IN it?
On today’s episode of the podcast, you’ll find out exactly how to put the right people in place to run your business from Patrick Fingles, CEO of two companies – Nu Look Home Design and Leap, a digital point of sale application for home improvement contractors.
Patrick built NuLook from the ground up starting in 2003 to a $20 to $30 Million Dollar a year business. Then, he managed to step out of the day-to-day in Nu Look in 2017 so that he could then start and grow Leap.
Listen carefully for tips from Patrick that you can use today to become the type of business owner with the freedom to start and grow new ventures (or even just take an afternoon off!).
In this episode, you’ll discover:
- The type of person who may be perfect for your home improvement business that you hadn’t previously considered
- How retention affects you as the CEO of the business
- What you need to do now if you want to be a hands-off owner in the future
- One way to get your team to step up in your business
- A simple way to protect your profit margins on every job
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