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The Cash Flow Contractor
Benali
281 episodes
4 days ago
If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges. We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.
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Management
Business
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All content for The Cash Flow Contractor is the property of Benali and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges. We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.
Show more...
Management
Business
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271 - What If You Could Double Profits Without Doubling Your Effort? with Todd Hagopian
The Cash Flow Contractor
1 hour 10 minutes 1 second
2 months ago
271 - What If You Could Double Profits Without Doubling Your Effort? with Todd Hagopian

Todd Hagopian shares his revolutionary Hypomanic Operational Turnaround (HOT) system that transformed multiple businesses in just 6-12 months. Developed after his bipolar diagnosis, this powerful methodology helps businesses break free from stagnation by implementing aggressive 80/20 strategies, continuous improvement cycles, and transformation team building—all without requiring superhuman effort.


What You’ll Learn

  • How to apply the 80/20 principle to dramatically increase profitability
  • Why grandiose goal setting delivers better results than conservative targets
  • How to implement 52 improvement projects in 52 weeks without overwhelming your team
  • A systematic approach to pricing that maximizes profits in your core business
  • How to build transformation teams that drive exponential results


Time Stamps

  • 00:45 – Episode Intro
  • 01:31 – Guest Intro: Todd Hagopian
  • 02:47 – Todd’s Career Journey and Achievements
  • 05:28 – The Hypomanic Toolbox: Managing Bipolar Disorder
  • 14:54 – Implementing the Hypomanic Operational Turnaround System (HOT)
  • 19:02 – Grandiose Goal Setting
  • 23:25 – 80/20 Matrix of Profitability
  • 28:30 – Implementing Price Increases and Outsourcing
  • 37:42 – Applying the 80/20 Rule to Services
  • 41:32 – Continuous Improvement and Theory of Constraints
  • 44:57 – Practical Examples
  • 46:38 – Transformation Team Building
  • 56:52 – Connect with Todd (Book Launch, Website, Socials)
  • 63:48 – Inbound Accelerators (Sales Tactics)
  • 68:09 – Episode Wrap-up & Final Thoughts


Snippets from the Episode

  • "The addiction to yesterday is the worst one. If you want to transform, you can't transform the business by doing the same thing that got you to where you're in trouble."— Todd Hagopian
  • "Lead time's a hell of a drug. If you cut your lead time and you're better than the competition, that 42% close rate becomes 100%. Nobody can touch you."— Todd Hagopian


Key Takeaways

  1. Focus 100% on the vital 20%
  2. Implement 52 improvements in 52 weeks
  3. Price B-customers higher than A-customers
  4. Never simply backfill vacant positions
  5. Use the A-B-C-D matrix for profitability
  6. Set grandiose goals to achieve better results
  7. Cut lead time to dominate your competition


Resources

  • ⁠24 Things ⁠Construction Business Owners Need to Successfully Hire & Train an Executive Assistant
  • ⁠Schedule⁠ a 15-Minute Roadblock Call
  • Check out⁠ OpenPhone⁠
  • Build a Business that Runs without you. Explore our ⁠GrowthKits ⁠
  • Need Marketing Help? We Recommend⁠ Benali⁠
  • Need Help with podcast production? We recommend ⁠Demandcast⁠


More from Todd Hagopian

  • The Hypomanic Toolbox 
  • LinkedIn
  • X (Formerly Twitter)
  • The Stagnation Assassin on YouTube

More from Martin Holland

  • ⁠⁠⁠⁠⁠⁠⁠⁠theprofitproblem.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠annealbc.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Email Martin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Meet With Martin⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠


More from Khalil

  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠benali.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Email Khalil⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Meet With Khalil⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠


More from The Cash Flow Contractor

  • Subscribe to our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠YouTube channel⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • Subscribe to our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • Follow On Social: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X(formerly Twitter)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • Visit our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠website⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠
  • ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Email⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ The Cashflow Contractor

Connect with Us

Ready to implement these strategies in your business? Visit cashflowcontractor.com for more resources or email questions@cashflowcontractor.com. Don't forget to subscribe to the podcast and leave a review if you found this episode valuable. For exclusive content and behind-the-scenes insights, follow Martin and Khalil on social media.


The Cash Flow Contractor
If you’re like most contractors we know, then you started your business because you’re passionate about and great at your craft. You also wanted to be your own boss. Owning a business has a lot of advantages, but also a lot of challenges. We started this podcast to talk about things that matter to you as an owner, like business fundamentals, sales processes, marketing, leadership, and much more. Armed with knowledge, you’ll be able to reach your goals, whether that’s growth, getting your shop to run without you, or anything in between.