Randy Stanbury is the author of The Small Business Freedom Formula. He is the founder of Service Freight Systems, a business he started at 23 years old in 1995. He has since grown it into a multi-million-dollar company, which he later sold—a true success story of a business that was essentially founded in a bedroom in his parents’ house. Nowadays, he gives business advice to stressed-out entrepreneurs in the Ontario area to help them take back control of their contracting business, achieve massive revenue growth, and enjoy a life with more freedom.
In this episode, we talked about coaching, leadership, entrepreneurship, strategy…
Show notes
- Introducing Randy Stanbury. [1:29]
- Randy’s early days in business, and how he got started. [2:45]
- Why entrepreneurs tend to end up chasing the ball instead of letting their businesses work for them. [5:08]
- Why it’s important to delegate. [6:50]
- Why you need to be keeping track of the right metrics, and how knowing your numbers can tell you exactly what’s going on with your business at any given time. [10:55]
- Randy’s process of assessing and working with businesses. [14:40]
- Why it’s important to have a vision and create opportunities for employees in your company. [20:48]
- What personal branding is and how to do it properly. [26:14]
- About apprenticeship and company culture. [32:10]
- More information about Randy’s Small Business Freedom Formula [37:43]
- Why everyone should have a whiteboard. [43:00]
- The “nail it and scale it” concept. [44:32]
- Three books on Randy’s reading list. [47:30]
- How to get more information about Randy. [50:52]
- Randy’s most important piece of advice to home service business owners. [51:35]
Resources And People Mentioned:
- Website: 4 Level Coach
- Start With Why by Simon Sinek
- Michael Gerber
- Essentialism by Greg McKeown
- The ONE Thing by Gary Keller
- Home Depot
- Amazon
- TimeFinder
- Starbucks
- Jack Welch
- The Small Business Freedom Formula by Randy Stanbury
- The Compound Effect by Darren Hardy
- The E Myth by Michael Gerber
- 4 Level Coach on Facebook
- 4 Level Coach on Twitter
- 4 Level Coach on Instagram
- Randy Stanbury on Linkedin
- Website: The Small Business Freedom Formula
HAVE YOU ORDERED MY NEWEST BOOK YET?
In my new book, Elevate, I share how I created the right structures and incentives to build a team of A-players, and how that helped me build a $200M Garage Door business in 19 states. Order it now and get access to 5 free amazing bonuses!
