Join Ryan in this insightful episode as he navigates through critical topics discussed in garage door industry Facebook groups. From the ongoing debate on repairing versus replacing parts to evaluating the business dynamics of subcontracting versus full-time employment, Ryan brings his expertise directly from social media discussions to our listeners.
Key Topics Covered:
Social Media Debates – Repair vs. Replace:
Evaluating Employment Types: Subcontractor vs. Employee:
Company Policies: Time Off Requests and Payment Protocols:
Strategic Business Management: Pricing and Marketing:
Navigating Advertising Risks:
Episode Highlights:
Stay engaged in the conversation! If you're grappling with similar issues in your business, apply these insights to refine your strategies. Don't forget to subscribe for more expert advice from the heart of the garage door community.
Find Ryan at:
https://garagedooru.com
https://aaronoverheaddoors.com
https://suchnsuchmedia.com
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Stealth Hardware - https://quietmydoor.com/
In this insightful episode, Ryan delves deep into the art and science of pricing strategies, sharing his valuable experiences and the pivotal shift towards catering to high-end clients in 2019. From Amazon's diversified profit strategies to the hands-on challenges of the garage door industry, Ryan covers a broad spectrum of business wisdom, emphasizing the critical importance of understanding business fundamentals, managing risks, and committing to quality for sustainable growth.
**Highlights:**
High-End Focus: Ryan's strategic pivot to serving high-end clients, enhancing staff quality and service offerings to justify premium pricing.
Value-Based Pricing: The importance of pricing based on the value delivered rather than competitor pricing, ensuring businesses cover their costs while delivering exceptional service.
Amazon's Profit Margins: A discussion on Amazon's low e-commerce profit margins contrasted with its lucrative AWS platform, highlighting the importance of diversification.
Scaling and Risk Management: Insights into scaling businesses, using examples like Amazon and Zappos, and the necessity of having multiple revenue streams to mitigate risks.
Garage Door Industry Dynamics: Ryan shares his personal journey and the challenges of lead generation and supply-demand dynamics in the garage door business.
Quality and Pricing Strategy: The emphasis on using high-quality parts, charging more than cost, and the need to educate customers on the value of products and services.
Financial Prudence: Urging financial wisdom, understanding pricing, and improving customer service and operational systems for overall business health and personal well-being.
Find Ryan at:
https://garagedooru.com
https://aaronoverheaddoors.com
https://suchnsuchmedia.com
Check out our sponsors!
Sommer USA - http://sommer-usa.com
Surewinder - https://surewinder.com
Stealth Hardware - https://quietmydoor.com/
About this episode:
In this week's episode, join Ryan, Amy, and Courtney as they delve into the whirlwind of activities and planning leading up to the much-anticipated Ida Expo. With an atmosphere charged with anticipation and excitement, the team shares their insider view on everything from speaker highlights to logistics, making it an episode you won't want to miss.
Highlights:
Expo Preparation: Learn about the record-breaking attendance numbers and the excitement around the educational sessions planned for April 23rd to 26th. Courtney shares her apprehension about an upcoming radio appearance, with Ryan offering reassurance and emphasizing the importance of fun and informative presentations.
Star-Studded Lineup: The team expresses enthusiasm for securing Inky Johnson as the keynote speaker, alongside other notable experts like Jeff Barnett, Scott Telema, Claire Branch and Megan Likes, promising an event full of inspiration and insight.
Event Logistics: From the Sahara's logistical puzzles to the array of educational and social events planned, dive into the meticulous planning that goes into making the expo a success.
Registration and Planning: Courtney introduces online registration options at doors.org highlighting the importance of early sign-ups and the variety of packages available for attendees.
Appreciation and Relationships: Ryan emphasizes the value of showing gratitude to suppliers and sponsors, underlining the foundational role they play in the industry and the significance of fostering strong relationships.
Whether you're an attendee eagerly counting down the days or a member of the wider community curious about the buzz, this episode offers a treasure trove of insights into what makes the Ida Expo a landmark event
Find the IDA at:
Email: [email protected]
Registration: doors.org
Call: 800-355-4IDA
Find Ryan at:
https://garagedooru.com
https://aaronoverheaddoors.com
https://suchnsuchmedia.com
Check out our sponsors!
Sommer USA - http://sommer-usa.com
Surewinder - https://surewinder.com
Stealth Hardware - https://quietmydoor.com/
About this episode:
Leadership transcends conventional hierarchies. Join us in an enlightening session with Mike Michalowicz as we delve into the essence of transformative leadership. From adopting a web-like structure that fosters connection and collaboration to the art of aligning talents with tasks, this episode is a treasure trove for anyone looking to redefine their leadership approach. Mike shares wisdom from his book "ALL IN," illustrating how caring for your team and matching their strengths to roles can catapult your organization to new heights.
Highlights:
- Moving beyond the top-down structure to embrace a more interconnected, web-like organizational model.
- The power of aligning individual talents with specific tasks for optimal team performance.
- How great organizations benefit from adopting flexible, web-like structures that promote innovation and responsiveness.
- The importance of nurturing employees so they can thrive, bringing their best selves to work.
- Elevating team success through genuine care and effort, proving that the journey matters just as much as the outcome.
https://www.instagram.com/mikemichalowicz/
https://www.facebook.com/MikeMichalowiczFanPage
Find Ryan at:
https://garagedooru.com
https://aaronoverheaddoors.com
https://suchnsuchmedia.com
Check out our sponsors!
Sommer USA - http://sommer-usa.com
Surewinder - https://surewinder.com
Stealth Hardware - https://quietmydoor.com/
--- Send in a voice message: https://podcasters.spotify.com/pod/show/torsion-talk/messageIn this compelling episode, Ryan takes us on a journey through the evolution of a business leader, from the early startup days to steering the helm of a growing enterprise. He candidly discusses the challenges of transitioning from hands-on fieldwork to strategic office leadership, acknowledging the potential for friction and loss of rapport with long-standing employees. Ryan reflects on the importance of clear communication and setting the direction for his business, affirming that it is his vision that drives the company's future.
With transparency, Ryan delves into the financial contrasts between his media agency and door company, shedding light on the critical nature of maintaining tight control over finances and the precariousness of marketing investments. He also tackles the tough decisions business owners face when it comes to employee performance and adaptability during critical transitions.
In a heartfelt admission, Ryan voices concerns over the potential lowering of standards within his team and highlights the necessity of sustaining high expectations and embracing risk to achieve entrepreneurial success. He shares personal anecdotes about leadership styles, moving from a confrontational approach to one fostering accountability and relationship-building.
Further, Ryan discusses the symbolism of luxury items like sports cars in celebrating business triumphs, while also pondering the balance between life's luxuries and necessities. He shares personal life lessons, including the pursuit of building a dream home and the implications of lifestyle choices on perception and societal norms.
Lastly, Ryan touches on the essentiality of self-growth, recommending the book "Power of Wow" for its profound influence on his leadership approach, and concludes by inviting listeners to the upcoming Gdu summit, a prime event for leadership training.
Whether you're a budding entrepreneur or an established business owner, this episode is rich with insights on leadership transformation, financial strategy, and the delicate balance between fulfilling dreams and managing reality. Tune in to gain valuable perspectives on navigating the intricate path of business growth and personal development.
Find Ryan at:
https://garagedooru.com
https://aaronoverheaddoors.com
https://suchnsuchmedia.com
Check out our sponsors!
Sommer USA - http://sommer-usa.com
Surewinder - https://surewinder.com
Stealth Hardware - https://quietmydoor.com/
--- Send in a voice message: https://podcasters.spotify.com/pod/show/torsion-talk/message