040: Maximising Profits and Building Success with Mick Hawes of Builder Business Blackbelt- A Profit First for Tradies Special (Part 1)

Profit First For Tradies

Imagine being hit with the reality that you have squandered away 18 years of opportunity. Fortunately, the feeling of disgust led you to adopt a system that helps you make the right financial decisions naturally without the need for excessive discipline.

In this special episode, I speak with Mick Hawes of Builder Business Blackbelt about maximising profits and building success. This is the first part of a series dedicated to Mick's insights about the Profit First system for tradies.

Realising that he had wasted away precious years in business propelled Mick to seek a system that would enable him to effortlessly make sound financial choices. Since then, his commitment to Profit First hasn't wavered and he continually emphasises the significance of adhering to this financial strategy.

In this episode of the Profit First for Tradies, you’ll learn the following:

• The parallels between sports and business (00:04)
• Mick's personal experience with Profit First and how it transformed his business (10:59)
• Common hurdles and challenges when implementing Profit First (21:30)
  

For Mick, Profit First is not just an accounting method; it's an emotional system that generates life-changing effects. Aside from increasing revenue, it creates financial freedom, manages your business effectively, and prepares you for life's unexpected challenges.

If you haven’t listened to our previous episode about Katie's Winning Strategies- How Sports Can Fuel Motivation for Tradies in Business, check out Episode 039.

QUOTES

"Concentrate on getting your money and get your act together. Because money distress amplifies the circumstances of every other problem you've got." -Mick Hawes

"Do it 100% or don't bother." -Mick Hawes

"Profit First is an emotional system. It changes your desire to make the right financial decisions, naturally, without discipline." -Mick Hawes

"We can make better decisions when we've got more data." -Katie Crismale-Marshall

"I don't care how much money you make, I care about how much money you keep." -Katie Crismale-Marshall

Resources

• ToolShed

CONNECT WITH MICK HAWES

• Website: https://buildersbusinessblackbelt.com.au/
• LinkedIn: https://www.linkedin.com/in/mickhawes/
• Facebook: https://www.facebook.com/buildersbusinessblackbelt/
• Instagram: https://www.instagram.com/builders_business_blackbelt/
• Podcast: https://buildersbusinessblackbelt.com.au/podcast/