440 | Not Making $250,000+ A Year?

Host Chaz Wolfe is joined by the legendary Brad Lea, a towering figure in the business world and the Chairman & CEO of Lightspeed VT. Known for his groundbreaking work in e-learning and sales training, Brad has made an indelible mark on the industry, helping countless individuals and businesses reach new heights of success.
Prepare for a no-holds-barred conversation. From the critical role of gratitude in personal growth to the undeniable impact of mindset, skillset, and habits on financial success, this episode has something for everyone looking to level up in their mindset, skillset, or habits. Discover Brad's relentless drive to help people break free from poverty and his unique perspective on what it means to be a king in the modern era. Tune in for an episode that promises to challenge, inspire, and transform your approach to success.

Brad Lea:

Website: https://bradlea.com/

Youtube: https://www.youtube.com/vtbradlea

Facebook: https://www.facebook.com/TheRealBradLea

Instagram: https://www.instagram.com/therealbradlea/

LinkedIn: https://www.linkedin.com/in/bradlea/

Tiktok: https://www.tiktok.com/@therealrealbradlea?lang=en

What Owners Should Take From This Episode

Brad Lea dropped out of high school and built his career in sales. Today he is the CEO of LightSpeed VT and host of the Dropping Bombs podcast. In this conversation with Chaz Wolfe he explains why most people stay broke, why selling is the fastest path to a bigger income, and why the relationship is worth more than the money. Here is what a construction, trades or home service owner should take from the conversation.

1. Find out which of the three problems is yours

Brad says "there's only three reasons why you're broke." It is your mindset, your skillset or your habits. In his words, "it's always mindset, skillset or habits." If your company is stuck, do not guess. Ask which one is holding you back, then work on that one first.

2. Talk to more people this week than last week

Brad's simplest growth plan is to "talk to more people than you're talking to right now." His example: a salesperson who makes $80,000 talking to 100 customers can make $160,000 or more by talking to 200. For an owner that means more estimates, more follow up calls and more past customers checked in on. "The more hands you shake, the more money you make."

3. Do more, get better, then scale

Brad lays out the order: do more, get better, then scale. Once you are talking to more people, study sales on purpose. He compares it to going to the gym. Get a little better every day, and a year from now you will be better because you did it intentionally. Scale comes after that, through people and systems.

4. Every owner is in sales

Brad says, "I've never met anybody financially successful that wasn't selling somebody something." Many trades owners see themselves as builders, not salespeople. But you sell every time you walk a job, price a project or hire a crew member. Bad salespeople gave sales a bad name. Good ones help the customer make a decision.

5. A million in revenue is not the finish line

Brad points out that a business doing a million dollars a year already does better than most companies ever will. The next step is keeping more of it. A few small tweaks to pricing, margin and follow up can grow profit a lot. He also warns against chasing money at the cost of the people around you: "The relationship is more valuable than the money."

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Guest link: BradLea.com.

 

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441 | Use Real Estate To Accelerate Wealth and Living Generously