#337 // 5 Business Lessons In 5 Years ft Sam Hooper from SBH Electrical

<p>Today we have Sam Hooper from SBH Electrical on the podcast to share his 5 business lessons from the last 5 years of business.</p><p><br></p><p>Based out of gods country aka Melbourne, SBH Electrical has grown from 0 to 8 staff while maintaining a healthy balance of excellent clients, excellent staff, excellent materials, excellent profit + excellent purpose. </p><p><br></p><p>Plenty to take away out of this podcast as Hoops shares his wisdom. </p><p><br></p><p>What a time to be alive! </p><p><br></p><p>Enjoy the pod x</p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p>Content Type</p><p><br></p><p>Interview</p><p><br></p><p><br></p><p>Primary Goal</p><p><br></p><p>Business + Education </p><p><br></p><p><br></p><p>Summary</p><p><br></p><p>Sam Hooper from SBH Electrical shares five key lessons learned over five years of business, emphasizing the importance of knowing your numbers, building the right team, and working with clients who value your work. This episode offers practical insights for electrical contractors and tradespeople aiming to grow sustainably.</p><p><br></p><p><br></p><p>Keywords</p><p><br></p><p>business lessons, electrical contractor, team management, financial literacy, client relationships, business growth, work-life balance, pricing strategies</p><p><br></p><p><br></p><p>Key Topics</p><p><br></p><p>Knowing your numbers is essential for informed decision-making</p><p>Building a team with good character and communication skills</p><p>Working with clients who value quality and communication</p><p>Outsourcing admin to focus on core business activities</p><p>Understanding and communicating about money confidently</p><p>Recognizing seasonal clients and knowing when to move on</p><p>Hiring and training staff for attitude and character</p><p>The role of systems and processes in business growth</p><p>Balancing work and life through effective business management</p><p>Learning from mistakes and continuously improving</p><p><br></p><p><br></p><p>Sound Bites</p><p><br></p><p>&quot;The only way to get better at talking about money is to practice.&quot;</p><p>&quot;Learn your numbers, you&#39;re going nowhere quickly if you don&#39;t.&quot;</p><p><br></p><p><br></p><p>Chapters</p><p><br></p><p>00:00 Introduction to Sam Hooper&#39;s Business Journey</p><p>02:09 Starting SBH Electrical During COVID</p><p>03:13 The First Lesson: Know Your Numbers</p><p>04:41 From No Knowledge to Business Savvy</p><p>06:49 Key Metrics: Big Picture and Small