Sparky Coach

What you do in October + November decides if February is a flop or a success. 

This “All I want for Christmas Is A Market Wage + A Business Net Profit Of 20-35%” series is about getting on the front foot for the back end of the year. 

In this episode: 

-how to get ready for the “busy” season ahead 

-why “busy-ness” is like a rocking chair (it gives you something to do but it gets you nowhere) 

-the importance of closing the week (it shou...

Today Cam + Joey take us through how to best plan for the busy / holiday season ahead. 

In this episode: 

Running a business with your partner can make you or break you. Megan and her husband Lachlan have run Impact Electrical on the Central Coast NSW for 8 years. They’ve built a crew of 9 that includes an ops manager, an estimator, tradies and apprentices, and they cover Level 2, commercial, industrial, projects and service work.

Megan shares her 6 biggest lessons:

-why your partner in the business needs to be a weapon at their role
-building the right team around you (accountant, bookkeeper, coach, broker)
-recruiting staff worth keeping, and actually keeping th...

What you do in October + November decides if February is a flop or a success. 

This “All I want for Christmas Is A Market Wage + A Business Net Profit Of 20-35%” series is about getting on the front foot for the back end of the year. 

In this episode: 

-how to get ready for the “busy” season ahead 

-why “busy-ness” is like a rocking chair (it gives you something to do but it gets you nowhere) 

-how to plan out your on site capa...

Today on the podcast it’s a panel discussion (recorded at our live event this week on the Gold Coast) hosted by Cam ft Fordy (New Age Electrical), Hib (Hib Electrical) + Josey (Bremner Electrical). 

All four of these guys have released admin + operations and they are here to share their insights, thoughts, success stories, horror stories, and everything in between.

At Sparky Coach we have developed what we call the “critical pathway” where it shows you what order to let what tasks go.  

What’s the one...

You are doing a good job, with good people, for good people, using good materials, for good money (on paper). Cool. None of it counts until the money hits your account. 

In this episode: 

-why invoicing + getting paid should be the BEST part of your week 

-the fear behind late invoices + variations, and how to face it head on 

-sending invoices + variations on time, every time 

-talking about money on site, and in the office, before it becomes a problem 

-having someon...

Welcome to the “All I Want For Christmas Is A Market Wage + A Business Net Profit Of 20-35%” series! 

This series is about getting on the front foot for the back end of the year, and yes it’s obvs inspired by the greatest Christmas album of all time (Mariah Carey of course). 

In part 1 we go through the following including, but not limited to: 

-how to get ready for the “busy” season ahead 

-why “busy-ness” is like a rocking chair (it...

In part 4 of our 4 part series of how to excel in the office we discuss the following including, but not limited to: 

-1 // Understand That’s Where The Money Is Made 

-2 // Start changing, Stop complaining

-3 // Hire weapons + work for weapons 

-4 // Get To Know Xero 

-5 // Recognise The Patterns 

-6 // Invest in the right software 

-7 // Allow Time To Build Stuff 

-8 // Stop working at night and on the weekend 

Remember...

In part 3 of our 4 part series of how to excel in the office we discuss the following including, but not limited to: 

-why you need to get really good at reading Xero 

-the importance of exploring + getting comfortable with your accounts 

-how to make sense of your profit loss statement 

-your profit loss is a record of what happened over a period (month, quarter, year) 

-how to read a balance sheet 

-your balance sheet is a snapshot of what your business owns + owes at a sing...

Today we have Sam Hooper from SBH Electrical on the podcast to share his 5 business lessons from the last 5 years of business.

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. 

Plenty to take away out of this podcast as Hoops shares his wisdom. 

What a time to be alive! 

Enjoy the pod x

<...

In part 2 of our 4 part series of how to excel in the office we discuss the following including, but not limited to: 

-if you have time to complain you have time to change 

-if you are complaining about something you can change, then change it (ie underperforming staff or client, bad accountant) 

-if you are complaining about something you cannot change (ie invoices need to be sent, quotes need to be sent, then either you need to do it or someone else needs to do it) 

-your best staf...

Tommy is the man. Kind. Humble. Driven. Smart. He’s really good at his job and he’s building a really good business. 

Based out of Trade God country aka Sutherland Shire NSW he has built Ryelec Automation business from the ground up. 

So if he had to pick 9 lessons in 9 years, what would they be?? What would he do again? What would he never do again? 

Tommy takes us on a musical journey of his most important business (and life) lessons. 

In part 1 of our 4 part series of how to excel in the office we discuss the following including, but not limited to: 

-the money is made or lost in the office 

-the importance of knowing your break even rates 

-understanding the importance of learning (and getting better) at new + hard things 

-why you need to front cost + back cost 

-having a long term vision 

You can do hard things. You can learn new things. You can excel at hard a...

Today we have Heath from HSpark Electrical on the podcast to share his 7 business lessons from the last 7 years of business.

Based out of gods country aka Appin NSW, HSpark Electrical has grown from 0 to 8 staff while maintaining a healthy balance of excellent clients, excellent staff, excellent materials, excellent profit + excellent purpose. 

Plenty to take away out of this podcast as Heath honestly shares his thoughts + wisdom across all his learnings. 

What a guy, and what a time to be alive! 

In part 5 of learning from the greatest game of all (aka Monopoly) we discuss the following topics including, but not limited to:

-how to see business as a game of green (ie market wage + business net profit of between 20-35%) 

-recognising the key metrics and what roles they play (revenue, COGS, GP, COO, NP) 

-why it’s important for everyone to win out of a deal (ie clients, staff, wholesalers, supplies, you, your business etc etc) 

-recognising opportunities + pouncing on them quickly 

-the key to not spread...

Today we have Josey from Bremner Electrical on the podcast to share his 7 business lessons from the last 7 years of business.

Based out of gods country aka Melbourne, Bremner Electrical has grown from 0 to 15-20 staff while maintaining a healthy balance of excellent clients, excellent staff, excellent materials, excellent profit + excellent purpose. 

Plenty to take away out of this podcast as Josey honestly shares his thoughts + wisdom across all his learnings. 

What a guy, and what a time to be alive! 

In part 4 of learning from the greatest game of all (aka Monopoly) we discuss the following topics including, but not limited to:

-how to see business as a game of green (ie market wage + business net profit of between 20-35%) 

-recognising the key metrics and what roles they play (revenue, COGS, GP, COO, NP) 

-the importance of keeping cash in hand + taking calculated risks 

-why you need to collect money in jail (lol, I mean while you are on holidays) 

-the need to keep you money clea...

Today we have Brad Hibberd from Hib Electrical on the podcast to share his 6 business lessons from the last 6 years of business.

Based out of gods country aka Tasmania, Hib Electrical has grown from 0 to 18 staff while maintaining a healthy balance of excellent clients, excellent staff, excellent materials, excellent profit + excellent purpose. 

Plenty to take away out of this podcast as Hib shares his wisdom. 

What a time to be alive! 

Enjoy the pod x

<...

In part 3 of learning from the greatest game of all (aka Monopoly) we discuss the following topics including, but not limited to:

-how to see business as a game of green (ie market wage + business net profit of between 20-35%) 

-recognising the key metrics and what roles they play (revenue, COGS, GP, COO, NP) 

-understanding that there’s times of building (and rebuilding too!) and how to manage it 

-taking luck + risk into consideration and working out how to use them to your advantage 

-the importance of see...

In part 2 of learning from the greatest game of all (aka Monopoly) we discuss the following topics including, but not limited to:

-how to see business as a game of green (ie market wage + business net profit of between 20-35%) 

-recognising the key metrics and what roles they play (revenue, COGS, GP, COO, NP) 

-the compound effect of doing the right things consistently 

-why you need to pause + reflect every week / month / year 

-the crucial role of “luck” in business and how quickly things can turn around f...

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.

Based out of Ballina, and boasting a strong social following, New Age Electrical has become the benchmark of what healthy growth + success looks like.

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?

Greg Crowe sits down with the...

Ah Monopoly, maybe the greatest game of all?!?!?! 

Today we take out some lessons from the greatest game of all including, but not limited to: 

-seeing business as a game of revenue, net profit + purpose 

-how to best play the entrepreneurial game of creating something from nothing 

-getting used to weekly rhythms 

-the importance of boot strapping (ie spending less than you earn + self funding future growth) 

-how to prepare for your lucky breaks (which will happen!) 

-why you need to...

Happy 3rd birthday to Sparky Coach! 

Today Greg Crowe takes us his most important takeaways in the last 3 years of running a product based business.  

Lesson 1 // Slow down. 

Lesson 2 // Cheer up. 

Lesson 3 // Chill out. 

Enjoy the pod! 

Much love xx 

Summary

Greg Crowe shares three essential lessons learned over three years o...

Doing the same thing twice and getting an excellent result is sexy. 

Revenue must exceed expenditure. Daily. Weekly. Monthly. Yearly. 

Closed jobs must hit north of 20%++. Every time. Every day. No excuses. 

Ongoing jobs must be on a pathway to make north of 20%. Every time. No excuses. 

Labour efficiency must hit its targets. Allocation. Utilisation. Quality. 

Be excellent. On site. Off site. Communication. Vision. Mission. Staff. Clients. Materials. Admin. Everything must be excellent. 

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

July 1 is coming up, and there really is no better time to consider a rise in rates + margins. 

Today we discuss 7 key items that will help you in your decision. 

Good / Excellent Relationships With Clients Is The Key 

July 1 is coming up, and there really is no better time to consider a rise in rates + margins. 

Today we discuss the pros and cons of considering increases. 

Why you should raise your rates…

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

Making money is easy when you know how. 

The trouble is, sometimes we get busy and conveniently forget the ways to make money.

The truth is that it’s not that complicated, it’s actually a very simple concept. 

In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: 

-weekly revenue exceeds weekly expenditure (ie profit / loss) 

-the jobs that are starting and finishing every week (ie...

Business compounding is amazing. 

There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. 

If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

Business compounding is amazing. 

There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. 

If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

Business compounding is amazing. 

There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. 

If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

Business compounding is amazing. 

There really is no mistaking that the incremental effect of consistently closing the week, closing the month, doing the right thing, having the hard conversations, front costing, back costing, quoting on time etc etc, can land you in a really healthy spot in 15 years. 

If we start at $500k revenue and budget in conservative market averages (15% organic revenue growth, a market wage, business net profit of 20%) over 15 years your business will be doing an annual revenue of $3.5m and you would have accumulated nearly $7m do...

Today Greg Crowe walks us through part 2 of the power of compounding. 

We run through:

-how compounding works + why it won’t happen overnight 

-why you need to stay positive while you’re in the growth stages of business 

-why you need to understand the obstacles that you are up against so you can fight them head on 

-the common reasons people lose sight of their long term plan 

-how to stay focused + delay gratification and not cash all your chips in on a s...

Today Crowe takes us through the power of compounding. 

What could your business, and life, look like in 20 years time? 

Slow growth, 10-20%, year after year, over 20 years, doesn’t sound that sexy (to most people) 

But let’s go through the numbers! As we know, just like Shakira’s hips, numbers don’t lie. 

The numbers may genuinely rock you when you see it on paper. 

If you’re starting out, let this inspire you. <...