The Evolution of a Trades Business Owner: How Scaling Operations Unlocked Freedom and Profitability
As a tradesman, there’s only so long one can spend physically laboring in difficult conditions before considering alternative pathways. For Paul Selman, owner of PRS Plumbing Solutions, joining Trade Mastermind two years ago proved a game-changing decision that transformed both his business and lifestyle.
The Toll of Physical Labor
Prior to Trade Mastermind, Paul found himself working 80+ hour weeks just to maintain acceptable turnover of £190K annually. The grueling schedule left no time with family and took a physical toll. Like many tradespeople, he recognized this path wasn’t sustainable long-term. Something had to change to achieve a healthier work-life balance.
Starting the Scaling Journey
Trade Mastermind provided Paul the knowledge and coaching needed to scale his operations in a smart, structured way. Leveraging new sales, marketing and staffing strategies, he expanded to eight permanent employees plus contractors. Impressively, annual turnover grew over 500% to £1.2 million in just two years working with Trade Mastermind.
Gaining Freedom Through Systems
Crucially, scaling freed Paul from day-to-day duties. Well-trained managers now handle tasks like sales, installations and administration. Recent months have seen Paul in a semi-retired role, simply overseeing high-level operations. This was a dream come true – running a hugely profitable business without sacrificing personal life.
The Evolution to Business Ownership
Reflecting, Paul pinpoints the moment he knew he had truly built a sustainable business rather than just a job. Sales, installations and invoicing all flowed autonomously without his direct involvement. Money flowed in regardless of whether he worked. This proved the model was scalable and he could remove himself from day-to-day activities.
Selling for the Next Chapter
Armed with systems, Paul achieved his initial goal – generating enough value to attract a buyer. He recently sold the thriving plumbing operations, further capitalizing on growth. Now, he looks forward to mentoring others through Trade Mastermind to replicate his success journey.
Training Yields Ongoing Returns
Over two transformative years, Paul gained invaluable expertise in forecasting, financials and business growth strategies from Trade Mastermind. This lifelong investment continues paying dividends as he reinvests profits into new ventures. Most importantly, he’s achieved Work-life balance many trades owners never experience.
Guiding the Journey for Others
Having walked the path himself, Paul is passionate about helping fellow tradespeople scale their operations to new heights. ThroughTrade Mastermind guidance and mentoring, owners can overcome hurdles, professionalize service delivery and realize true career and financial freedom. The scalable framework takes the stress out of entrepreneurship.
Final Thoughts
In summary, proactive scaling holds the key to sustained success and satisfaction for trades business owners like Paul. With Trade Mastermind as a guide, owners can evolve beyond physical labor constraints to build highly lucrative, lifestyle-friendly businesses primed for exponential growth. The lessons apply across all trades and contractors seeking to maximize long-term potential.
