Why 10X is Easier Than 2x | E298

07/31/23 • 73 min

EPISODE 298: How is 10x easier than 2x when scaling a business?

Join us in today's episode as I sit down with our Director of Customer Success, Leyah Hostetter, and our client-turned-business coach for Systematize Your Construction Business (SYCB) program, Monish Khadye.

Today, we will dive deep into Dan Sullivan's book 10x Is Easier Than 2x and how this could hack your construction business growth.

We’ll talk about the 10x versus 2x framework, the mindset behind it, and how you can apply it to fast-track your business growth and make it run without you.

You surely don't want to miss this. Tune in now!

Key Takeaways:

Introduction (00:00)

A brief background about the book (01:52)

Why is 10x easier than 2x (04:18)

The 10x versus 2x framework (11:30)

Eliminating the 80% and focusing on the 20% (17:05)

An example of focusing on value (25:11)

The mindset behind “how to 10x” (35:03)

How owning your unique ability creates abundance (37:16)

The gap versus gain mentality (39:42)

Why you should practice gratitude (43:46)

How the victim mentality creates scarcity (47:55)

You get to choose the story you tell yourself (55:18)

How to implement what you’ve just learned (58:31)

Episode wrap-up (1:06:39)

Additional Resources:

Join the FREE Get Paid for Estimates Masterclass HERE

Hear our clients' success stories HERE

Book a FREE call with our team HERE

Visit Construction Leading Edge for more HERE

Books Mentioned:

10x Is Easier Than 2x by Dan Sullivan with Dr. Benjamin Hardy

The Obstacle Is The New Way by Ryan Holiday

The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.

EPISODE 298: How is 10x easier than 2x when scaling a business?

Today, we will dive deep into Dan Sullivan's book 10x Is Easier Than 2x and how this could hack your construction business growth.

We’ll talk about the 10x versus 2x framework, the mindset behind it, and how you can apply it to fast-track your business growth and make it run without you.

You surely don't want to miss this. Tune in now!

Key Takeaways:

Introduction (00:00)

A brief background about the book (01:52)

Why is 10x easier than 2x (04:18)

The 10x versus 2x framework (11:30)

Eliminating the 80% and focusing on the 20% (17:05)

An example of focusing on value (25:11)

The mindset behind “how to 10x” (35:03)

How owning your unique ability creates abundance (37:16)

The gap versus gain mentality (39:42)

Why you should practice gratitude (43:46)

How the victim mentality creates scarcity (47:55)

You get to choose the story you tell yourself (55:18)

How to implement what you’ve just learned (58:31)

Episode wrap-up (1:06:39)

Additional Resources:

Join the FREE Get Paid for Estimates Masterclass HERE

Hear our clients' success stories HERE

Book a FREE call with our team HERE

Visit Construction Leading Edge for more HERE

Books Mentioned:

10x Is Easier Than 2x by Dan Sullivan with Dr. Benjamin Hardy

The Obstacle Is The New Way by Ryan Holiday

The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.

Previous Episode

Foundations for Scaling a Business to $50M with Shawn Dominguez | E297

EPISODE 297: What is it like scaling a business?

As a former Navy pilot with winning embedded already in him, Shawn Dominguez already had that fire to build a successful construction business.

In 2022, Dominguez Design-Build Inc. was the fastest-growing company in Pensacola, number 4 in Florida, and number 11 in the U.S. This was just years after they went full-time in 2018.

But Shawn knew that if he wanted to scale his business from $20M to $50M in revenue, he had to get the right pieces in place. And that's what motivated him to join our Systematize Your Construction Business or SYCB program.

In today's episode, our very own Leyah Hostetter sits down with Shawn to talk about some of the foundations for scaling a business.

He talks about how simple tasks can sometimes get in the way, the connection between standard processes and cash flow, what winning looks like, and the effects he and his team are experiencing after going through the SYCB program.

Tune in now to learn more!

Key Takeaways:

Introduction (00:00)

From Navy pilot to construction business owner (03:03)

Challenges that Shawn and his team had before SYCB (06:03)

What was it like handling frustrations in everyday executions? (08:30)

Personal challenges that come with scaling a business (10:44)

On nailing the handoff and creating an accountability chart (12:24)

What does winning look like in construction? (13:42)

Most impactful part of the SYCB program (16:56)

Ripple effects of joining the SYCB program (17:53)

Additional Resources:

Check out the Systematize Your Construction Business Program details HERE

Hear success stories from our clients HERE

Book a FREE call with our team HERE

Visit Construction Leading Edge for more HERE

The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.

Next Episode

3 Key Concepts to Grow a Custom Home Building Business with Alex Gregg | E299

EPISODE 299: What does it take to grow a successful custom home building company?

In today's episode, we've invited a Systematize Your Construction Business (SYCB) client, Alex Gregg, a teacher-turned-construction-business-owner of Gregg Homebuilding, a Tennessee-based company specializing in custom-built and spec homes.

Today, Alex shares the key concepts that moved the needle for his custom home building business and how he became a better leader.

He also talks about how his company was able to switch from giving away free estimates to charging pre-construction services agreements, the major takeaways he had from joining SYCB, and more.

Make sure to tune in so you won't miss it!

Key Takeaways:

Introduction (00:00)

From teaching to homebuilding (01:07)

What was it like starting a construction company in 2008? (04:19)

Spec vs. custom home building (05:48)

Misconceptions about custom home building (09:26)

Keys to growing a successful custom building business (13:57)

The truth about giving away free estimates (16:52)

The Kent Hooper story (20:28)

Why is it important for Alex to become a better leader? (27:07)

Delegating outcomes vs. delegating tasks (32:07)

The biggest problems that Alex had before joining SYCB (36:01)

What is nailing the handoff and its impact on Alex's business? (52:43)

The turning-the-tables concept (56:29)

Working ON vs. working IN (58:03)

The 3 key concepts that grew his construction business (59:27)

Life after implementing what he learned from SYCB (1:07:53)

His most valuable takeaway as being part of the CEO Alliance (1:11:41)

The biggest truth about running a business (1:16:06)

Rapid-fire lightning round questions (1:19:20)

Additional Resources:

Join the FREE Get Paid for Estimates Masterclass HERE

Hear our clients' success stories HERE

Book a FREE call with our team HERE

Visit Construction Leading Edge for more HERE

Connect with Alex

Follow Gregg Homebuilding on Instagram HERE

Visit their website for more information HERE

Books Mentioned

Traction: Get A Grip On Your Business by Gino Wickman

Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink & Leif Babin

The Ultimate Sales Machine by Chet Holmes, Jay Conrad Levinson, Michael Gerber, and Amanda Holmes

The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.