Al is President of The 7-Power Contractor, a business consulting and training firm that has helped hundreds of home service businesses. Plumbing & Mechanical Magazine named him one of the 25 most influential contractors in the United States. In this episode, we talked about business strategy, marketing, acquisitions…
Show Notes
- Introducing Al Levi. [01:05]
- Al’s entrepreneurial start in his family business. [01:46]
- Al explains the seven powers all successful home service entrepreneurs should have. [04:42]
- The collaboration that Al had with another top business owner, Ellen Rohr. [19:46]
- Greatest lessons Al learned as one of the 25 most influential contractors in the United States. [22:04]
- Al’s advice on building a great business foundation. [25:45]
- Why the ‘rifle’ approach is a lot more powerful than the ‘shotgun’ approach in business. [32:33]
- Al’s analysis on doing the transition process of a company acquisition right. [39:27]
- Al’s view on what makes a good acquistion. [43:52]
- Why not everyone is your customer. [49:15]
- Al’s secret behind successfully structuring many acquisition deals. [52:59]
- How to charge the right amount for your customers. [57:45]
- Al shares his mistake when he was doing sales in his initial business journey. [1:04:07]
- The importance of providing “above and beyond” rewards for your employees even if you run a small business. [1:07:11]
- The days of Yellow Pages are gone – even among the 50-year-olds. [1:18:22]
- Al’s simple exercise to demonstrate why delegation is essential to scaling a business. [1:20:17]
Resources and People Mentioned
- The 7-Power Contractor by Al Levi
- The 7-Power Contractor – Cheat Sheet
- The E-Myth Revisited by Michael E. Gerber
- Why People, Process, and Product Are the Keys to Success by Marcus Lemonis
- The Profit by Marcus Lemonis
- Off balance on Purpose by Dan Thurmon
- Start with Why By Simon Sinek
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Thanks for the great content, I would love to check out Al Levi’s boo The 7 Power Contractor.
It is an amazing book. Al has been a huge influence in my business life.
i have heard you bring up direct energy a couple times now and i cant seem to find them on line, i know these are older shows so not sure if they changed or went out of business can you send me info for them please. Thank you again for everything. Have a blessed night