Wealthy Business Podcast
This is the #1 channel for learning how to create a business, increase your revenue, scale your organization, and make a significant impact!
In each episode, Javi Chavez, Pineda Co's COO and host, delves deep into business improvement strategies with entrepreneurs who have successfully employed these tactics to build and expand their own enterprises. Guests share the strategies and experiences that have propelled their businesses to new heights.
Wealthy Business is a coaching company founded by Ryan Pineda, dedicated to helping entrepreneurs scale their businesses to 7-figures and beyond.
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Wealthy Business Podcast
How to Grow a $100+ Million Home Services Business | Tommy Mello
Uncover the secrets of business success with Tommy Mello, the $500M man, as he shares insights on leadership, A-Player employees, and strategic business approaches on the Wealthy Business podcast.
Create your business to grow your revenue, scale your organization, and make an impact with help from Wealthy Business! Book a call here https://wealthyway.co/50d
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Connect with Tommy!
Listen to his book here - https://a.co/d/3ZOvrlN
Listen to his podcast here - https://homeserviceexpert.com/podcast
Website - https://www.tommymello.com/
Welcome Tommy Mello, the $500M man, to the Wealthy Business podcast!
If you're considering selling your business, ensure it can run without your direct involvement. This is one of the key factors to address in your business strategy. Tommy attributes much of his business's success to his A-Player employees. As he and his top team embark on a trip to Mexico, Tommy is confident that his company will continue to break records even in the leadership's absence.
B-Player employees are the least desirable. C-level employees may face termination, while A-level employees elevate your business standards. Tommy and Javi engage in a thorough discussion on how Tommy identifies and motivates these A-Players. Tommy meticulously tracks every Key Performance Indicator (KPI) and maintains scoreboards visible to his entire company. He seeks employees who feel disappointment in coming third on the scoreboard, not those simply content with not being last.
If you're not finding success, examine your calendar. How are you allocating your time? Javi notes that many business owners spend excessive time on their phones, unaware of how the majority of their time is spent. This principle extends beyond business to every aspect of your life.
Tommy and Javi delve deeply into Tommy's criteria for buying businesses. Stick around and take notes on the optimal opportunities Tommy looks for!
Sales are the lifeblood of your business. Tommy fosters a competitive and constructive sales atmosphere within his business. He consistently works to make his business and representatives stand out. People are drawn to people, so his reps are friendly, personable, and professional.