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Owned by Cory

The Growth Lab

21 members • Free

This group is designed to help Home Service businesses grow from a one man operation to a multi-million dollar powerhouse.

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17 contributions to The Growth Lab
Building culture leads to less turnover
The more often we go out with our team and spend time together after work, the less negativity spreads within the team when they don’t like something. This also goes for spouses. As often as possible, invite your team’s spouse along to outings. Their spouse is their cheerleader when they’re having a tough time. Give their spouse something to cheer for and help them to like the business as well. If their husband or wife thinks that you are a good owner and likes that they get invited to things and can tell what kind of person you are and is friends with your wife or husband, when things get tough they will give you the benefit of the doubt. I made a post on Facebook about working hard and giving it. You’re all every day and you will be noticed and it was very interesting to see the response. So many people had negative things to say about their employer and how they were never noticed. Taking your team out is a great way for them to feel noticed and rewarded. It doesn’t have to be expensive either. -Breakfast at IHOP -Batting cage -Tickets to a baseball game -Bowling -Rent a movie theater and invite the entire family -Take them to lunch anytime you do a ride along -Bring their favorite drink when you meet them at a job -Watch the fights at Buffalo Wild Wings -Barbecue swim party at your house for families Pro tip: Bring your kid or spouse with you. Let your team get to know your family. It’s good for kids to see their mom/dad work. And it’s great for your spouse to know as many of your team as possible since you probably talk about the team with them at home. Plus it tightens the circle even more. And for this example, I got to write-off taking my kid to a baseball game. Win-win
Building culture leads to less turnover
0 likes • 2d
@Bill Wolf so what kind of gatherings do you do then?
0 likes • 10h
@Dallan Randall I love these! Does your team feel tighter afterwards? Have you seen other benefits of team outings?
Watch the losers as closely as you watch the winners
We’ve all seen how a bad worker can wreck our business. One of the most important aspects of managing employees is to cut out cancerous employees as soon as possible. Second to that is to curb bad behaviors the moment they show up. Before I say what’s next, I must note, it every employee who seems bad, is bad. Use the information below to weed out the bad ones faster. Every time you fire someone go back and ask yourself some questions about that employee -when did things start to go south? -how did their behavior change? -What were the signs that they were going downhill? (Examples: showing up late to work, not taking constructive criticism, ignoring your phone calls, griping with other employees, taking long breaks, being on the phone a lot, asking for pay raises frequently, complaining about their personal life, quality of work declined, sales numbers declined, customer, service, declined, etc.) -Who did they turn to with their frustrations? -What actions could you have taken if you recognized them immediately? -How much did it cost you to keep them around from that date until the day you fired them? (not their wages, but rather the losses you incurred, and any opportunity costs of what could have been.) Keep this list and review it regularly so you can spot negativity in employees, take fast, action, and cut them quickly so they don’t damage your business. THE HARD LESSON I LEARNED: My business feeds my family. When I allow an employee to do less than what’s expected or to make me miss opportunities or revenues, that employee is literally stealing that money from my family. I must protect my family at all costs by keeping high standards among my employees. If I do not take action, then it’s me who is robbing my family of what could have been. I now hold this standard above all others.
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Why did you join this group?
Good morning everyone! This group has been very quiet since it started. I would love to hear why you joined the group? What is it that you are looking for?
1 like • 8d
@Bill Wolf I love it man. You’re in the right place
0 likes • 4d
@Jeremy Miller absolutely. I love this!
Motivation
Sometimes things get hard. We get busy. We make a mistake. We lose sight of what we’re doing or why. This YouTube video has put me in my place so many times. I hope you find value in it as well. https://m.youtube.com/watch?v=ERClHCOF14c&pp=ygUnYmUgYSBtb25zdGVyIGpvcmRhbiBwZXRlcnNvbiBtb3RpdmF0aW9u
0 likes • 4d
@Jeremy Miller bro I listen to this at least once a week to remind myself that I’m not working until a time. I’m working until a goal is accomplished
Sweet and Sour
Tell the group one thing you did that made a positive difference in your business AND one thing that was a hard lesson learned. I’ll go first… Sweet: We created a minimum quota for our Inspectors to hit ($50k a month) and if they miss it, they have to do at least $40k the next month, $45k the month after, then back to $50k the 3rd month. If they can’t hit quota any of those 3 months, they’re out. Now we don’t have to beg sales reps to work harder, sell more, or listen to excuses. They manage their own time off requests because they don’t want to miss quota. Sour: I started my company with the premise that I would never raise prices on my existingu customers. Just raise it for new customers as needed. Over the years I severely compromised my ability to make money. The bigger we got the more often I skipped paying myself. We had no margin and it almost put us under. Let’s hear yours!
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1-10 of 17
Cory Hodnett
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41points to level up
@cory-hodnett-6232
I own a Pest Control Company that has grown faster than more than 90% of our competition. I love talking business and helping others.

Active 8h ago
Joined Aug 21, 2025
Gilbert AZ