Networking, Marketing, Sales, Business Coach

EP31: Nick Lauro Shares How To Build A Successful Company By Holding Your Team Above The Line

SUMMARY:

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.

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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.

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LISTEN HERE:

QUOTES:

“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.”

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HIGHLIGHTS:

[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

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LINKS & RESOURCES MENTIONED IN THIS EPISODE:

Join DYB

[BOOKS/PDF]

DYB “Above The Link” PDF

The E-Myth Revisited

How to Double Your Business Without Making a Sale

The 7 Habits of Highly Effective People

[APPS]

Basecamp

EstimateRocket

WhenIWork

TSheets

Group.me

[CONTACT]

http://lauropainting.com/

nick@lauropainting.com

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ADDITIONAL FREE RESOURCES:

Schedule Your Free Strategy Call With Steve

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Connect with Nick Lauro on Facebook here

Connect with Steve on Facebook here

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Thank you very much for joining us today! If you received value, would you take a quick few seconds and leave us a review on iTunes, please?

About the Author

As a newly single father of two from MI, he struggled to start over as a paint contractor in FL, going door to door. His situation was so bad, even the IRS had mercy on him.

 Feeling completely hopeless, he remembered the story of King Solomon praying for wisdom. Could it be so easy? 

He felt he had absolutely nothing to lose. So, as a bankrupt, divorced, high school dropout, single father of 2 young kids, now living 1250 miles away from all friends and family, started to pray for wisdom.
 And while he continues to wait for the wisdom to arrive, what did come was an insatiable desire to learn and read books… 
Thanks to God for giving him the burning passion to read books, and attend seminars, (oh and winning the wife lottery) he not only cracks the success code and overcomes the struggle, but also streamlines his painting business in less than 3 years, published a how to book, then sold the company. Now he leads a business coaching company for painting contractors so he can help other businesses, like yours, to do the same. Hear more... http://www.DYBCoach.com/01 Or JoinDYB.com