The Profit For Contractors Podcast

How To Come Back After Losing 1.2 Million+ In Profit | PFC Podcast Episode 38 | Scott Cleator

Episode Summary

Minus $60K in the hole is a bad place to start a business. But that's exactly what happened to Scott Cleator. To make matters worse, he was only making single digit profits. That meant he had to make $1.2 million just to pay off the debt! (Forget about profits.) After working together with the PFC team, Scott's business got into better shape than it's ever been. But time has a way of making us forget the past... Even after struggling so hard to get back on his feet... Scott started ignoring the skills and strategies he learned... And the business slipped back in the same old problems again! This time he really learned a lesson: Don't get cocky. This week's podcast is the raw truth. Scott talks about the fall, rise, and fall again of his contracting business... And how big accomplishments can be easily destroyed by complacency in a heartbeat. Plug in your headphones and listen to the podcast now. JOIN Our FB Group (6000 members): https://www.facebook.com/groups/498934880541178/ Facebook Page: https://www.facebook.com/profitforcontractors Instagram: https://www.instagram.com/profitforcontractors/ BOOK A 15m 1 ON 1 CALIBRATION CALL WITH ONE OF OUR SPECIALISTS https://www.contractortoceo.com/application Apple Podcasts: https://pfc.profitforcontractors.com/applepodcast/pfc-podcast Spotify: https://pfc.profitforcontractors.com/spotify/pfc-podcast Youtube: https://youtu.be/DMTzDHISNFQ