Skip to main content
Stesso

Continuous Monitoring and Adaptation

13:24
14:52
19.1K views

At 13:24 in

His MISTAKES cost his Construction company BIG $$$$ pt1

Watch on YouTube

What happens here

Business transformation is never a one-time fix but rather an ongoing and iterative process. It requires continuous monitoring of key performance indicators, such as profit margins per project type, client satisfaction, and overall workload. It is crucial to remain flexible and prepared to adapt strategies based on evolving market changes, feedback from clients and internal teams, and new performance data. Gabe's journey exemplifies this, as his initial realization led to active "adjusting his numbers" and a commitment to perpetually refining his business approach to maintain optimal profitability and minimize stress.

Goal: Ensure long-term business success and profitability through continuous evaluation and strategic adjustments.

Tools and materials

  • Business Analytics Tools N/A — For tracking Key Performance Indicators (KPIs) and identifying financial and operational trends
  • Strategic Planning Frameworks N/A — To guide decision-making and adaptation processes

What they say

Hide

remodeling these houses and condos so if the numbers are right I'll do it so if you dramatically raised your prices then yeah I have and have you basically just quit caring cut what customers perceptions are because you've probably had customers look at you like why are the prices so high now and do you come back say because I want to make a living to or I have a script now I bet people before I even go to their house I won't go over to their house and it's not an ego thing or an arrogance thing it's just no one's gonna care about my time except me yeah that was a really hard thing for me to learn and so now before I even engage in someone I ask a lot of questions before I go over there and if they can answer most of them you know I'll go over and so let's do something

Auto-generated from the video audio.