#326 // 7 Business Lessons In 7 Years ft Josh Ford from New Age Electrical

<p>Today we have Josh Ford from New Age Electrical on the podcast to share his 7 business lessons from the last 7 years of business.</p><p><br></p><p>Based out of Ballina, and boasting a strong social following, New Age Electrical has become the benchmark of what healthy growth + success looks like.</p><p><br></p><p>But what was the cost? And what was the true cost? What were the major lessons + learnings along the way? What would Fordy do again? What would Fordy never do again?</p><p><br></p><p>Greg Crowe sits down with the one and only “Ford Lord” to discuss.</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><br></p><p>Content Type</p><p>Interview</p><p><br></p><p><br></p><p>Primary Goal</p><p>Educational</p><p><br></p><p><br></p><p>Summary</p><p>In this episode, a seasoned business owner shares seven key lessons learned over seven years of running a successful electrical business. Topics include pricing strategies, building strong relationships, effective systems, and maintaining work-life balance.</p><p><br></p><p><br></p><p>Keywords</p><p>business lessons, electrical business, pricing, relationships, systems, work-life balance, entrepreneurship, business growth</p><p><br></p><p><br></p><p>Key Topics</p><p>Pricing and quoting strategies</p><p>Importance of relationships in business</p><p>Implementing effective systems</p><p>Hiring and managing staff</p><p>Work-life balance for business owners</p><p><br></p><p><br></p><p>Takeaways</p><p>Always back cost your jobs to understand profitability.</p><p>Build strong relationships with clients and partners.</p><p>Implement and optimize systems early for efficiency.</p><p>Hire for attitude, train for skill.</p><p>Prioritize family and personal time to sustain long-term success.</p><p><br></p><p><br></p><p> Sound Bites</p><p>&quot;Find your why and build with purpose.&quot;</p><p>&quot;Hire for attitude, train for skill.&quot;</p><p>&quot;Make time for family and personal growth.&quot;</p><p><br></p><p><br></p><p>Chapters</p><p>00:00 Introduction and overview of business lessons</p><p>01:51 Why understanding your &#39;why&#39; is crucial</p><p>04:07 Building a business with purpose and long-term goals</p><p>06:01 The importance of complementary skill sets in partnerships</p><p>07:53 Handling stress and responsibility in business</p><p>09:50 The value of relationships and networking</p><p>12:09 Key lessons on quoting and pricing</p><p>20:08 Hiring, managing staff, and team culture</p><p>30:04 Implementing systems and technology effectively</p><p>39:57 Contracts, scope of works, and legal considerations</p><p>50:13 Balancing work and family life</p><p>54:58 Reflecting on lessons learned and future goals</p>