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Duane Johns & Dave Young | The Builder Nuggets Podcast

EP 65: Inflation is an Opportunity

Duane Johns & Dave Young | The Builder Nuggets Podcast         Duane Johns & Dave Young | The Builder Nuggets Podcast        
EP 65: Inflation is an Opportunity           EP 65: Inflation is an Opportunity          
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    Inflation is upon us, and probably here to stay. You can look at this as a negative or see it as an opportunity. It’s all about how you position your business for the future. Join us for a conversation with Spencer Powel from Builder Funnel Academy.

    Show highlights include:

    • Why treating your services like products makes it easier to raise your prices alongside inflation (5:47) 
    • How to make your construction business more profitable while accepting less projects and bringing in less revenue (6:28) 
    • The counterintuitive reason scaling your business can make you less profitable (7:15) 
    • How to fend off inflationary periods (without raising your prices) (9:11)
    • It’s uncomfortable to tell your clients about price increases but it is a conversation that has to happen. You need to keep your business financially sound and profitable (12:50)
    • The “Selfishness Secret” that provides more value to your customers and allows you to charge more (13:35) 
    • The “pricing into the future” model for to beat inflation (16:20) 
    • How remote work creates a massive opportunity for your construction business (24:36) 

    If you’d like to chat with Spencer and see how his team can turn your website into a lead generation machine, go to https://builderfunnel.com

    To get the most out of this podcast, or connect with Duane and Dave, head over to https://buildernuggets.com and join our active community of like-minded builders and remodelers.

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