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:

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