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Jul 4, 2018

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

SUMMARY:

In this episode of DYB, Steve Burnette 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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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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Press and hold to visit the page

Show Page Notes

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