learn how to become a

permanently profitable tradie with

Helping Tradie Business Owners To Eliminate Cash Flow Problems

learn how to become a

permanently profitable tradie

with

Helping Tradie Business Owners To Eliminate Cash Flow Problems

Join us on the Profit First for Tradies podcast, as we explore the struggles of paying bills and keeping cash flow flowing smoothly. I share my own experiences and how I found the solution to my financial struggles with the Profit First system.

Listen in as tradies share their stories and discuss strategies and tips for managing cash flow and achieving true profitability in your business.

Growing a successful trades business isn’t about you being the best on the tools.

It’s about how you Profit, Plan, Prepare and Prosper, so you can create a business that supports you and your family.

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What Is

Profit First for Tradies

Profit first for Tradies is a simple frame work to make your business permanently profitable.


If you struggle with managing your cash, wondering where all the money goes or are working long hour with not much to show for it then it is time to look at Profit First for Tradies and how it can transform your business from a cash eating monster to a money making machine.

If you are a trades business owner who’s sick

and tired of being sick and tired

Looking for a solution to solve your cash flow

issues

Ready to learn more about your money

management

Can help turn your business around.

Episode 020 || From Struggling to Thriving: A Tradie's Journey to Profit First Success with Jack Sedgman

Episode 020 || From Struggling to Thriving: A Tradie's Journey to Profit First Success with Jack Sedgman

May 22, 20232 min read
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As a tradesperson, it's not uncommon to feel like you're constantly struggling to make ends meet. You work hard, but it seems like there's never enough money to go around. So, is there a way to survive and thrive as a tradie?

In this episode of Profit First For Tradies, we'll be talking to Jack Sedgman, a tradie who went from struggling to thriving with the help of Profit First. Jack will share his journey, the challenges he faced, and how implementing Profit First transformed his business and life.

Tradie life is often a tough and competitive industry, and many tradespeople need help to make a comfortable living. But as Jack will explain, there are specific steps you can take to turn things around and achieve financial success as a tradie.

One of the most important things that Jack learned was the value of implementing a Profit First system in his business. This system prioritises profit and ensures that your business is always making money, even in the toughest times.

Through careful planning and implementation, Jack was able to survive as a tradie and thrive and grow his business beyond what he ever thought was possible. 

In this episode of the Profit First for Tradies, you’ll learn the following:

  • Challenges Jack faced in his early years (01:03)

  • Why giving up is never an option (04:35)

  • Finding the balance between freedom and security (07:20)

  • Work efficiency - how to achieve it (09:22)

  • How determination can help you overcome adversity (14:05)

  • The value of being in a group setting (19:20)

  • The importance of having a clear vision (22:30)

  • Imposter syndrome in the trading industry (24:20)

  • Jack’s ultimate advice to those who want to start trading (28:11)

The trades is a challenging industry, and many tradies need help to make a decent living despite working hard and being skilled at their craft. The good news is that some strategies and systems can help tradespeople survive and thrive in their business.

If you haven’t listened to our previous episode about  Business Myths- Winning The Next BIG Job Is Not Going To Solve The Problem, go back and check out Episode 19

QUOTES

"If you've got an interest, give it a go. You don't have to be in a specific spot to start making more profit." -Jack Sedgman

"Often we think that if we have more money, everything will be okay. But that by itself is not enough" -Katie Crismale-Marshall

RESOURCES

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Katie Crismale-Marshall

She wrote the book Profit First for Tradies to help more business owners eliminate their cash flow problems, and become permanently profitable. Katie's on a mission to help tradies across Australia and the globe get control of their finances so they can run a profitable, stable businesses doing work that they love.

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