EP31: Nick Lauro Shares How To Build A Successful Company By Holding Your Team Above The Line
In this episode of DYB, Steve Burnett interviews Nick Lauro; Owner & Operator of Lauro Painting in the greater Philadelphia area.
Lauro Painting is a story of a business falling apart and coming back stronger than ever before.
After suffering Lyme’s disease — Bedridden and without a team to depend on — Nick made the decision to cut his losses; scaling back his team from 8 painters at the time and starting from scratch.
Nick now runs a crew of 10 painters built on solid character and efficient processes never before seen in his business.
WHAT YOU’LL LEARN:
– What it means to always “stay above the line”
– The Importance of Hiring Hands for Character
– How to get out of the insidious trap of saying “yes” to all work
– The difference it makes in a company to elevate your culture.
“I encourage business owners to look at themselves and their business. Ask, ‘Is this where I want to be?'”
“It’s amazing what you can do with people who stay above the line.”
“Instead of complaining, you need to hold yourself accountable and ask ‘What have I done to improve my situation?'”
“Sometimes problems are a really good opportunity to go above and beyond for a client.”
“We forget sometimes that it’s not just as simple as working hard running a business. You can’t forget to appreciate your wife, or forget to do things around your house. It’s just like any other business.”
[5:33] How Nick got into the Painting Business
[13:00] What was the breaking point for Nick, and how did he turn his company around?
[29:35] What is the concept of “Above The Line?”
[35:24] What is Nick doing now to help improve his company’s culture?
[59:05] Nick’s Closing Remarks
LINKS & RESOURCES MENTIONED IN THIS EPISODE:
ADDITIONAL FREE RESOURCES:
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