Description

In this episode of the Default Profitable Podcast, host Matt Nettleton speaks with Ted Brown, co-founder of Safeguard Solutions, about the journey of starting a father-son business in the construction industry. Ted shares insights on the challenges and successes of entrepreneurship, the importance of quality in service delivery, and the lessons learned from his previous venture in drone technology. The conversation emphasizes the significance of work-life balance and the need for a solid business plan while navigating the complexities of running a family business.

takeaways

• Starting a business with family can be rewarding yet challenging.
• Quality should always be prioritized in service delivery.
• Building a portfolio is crucial for gaining trust in a service-based business.
• Don't put all your eggs in one basket; diversify your client base.
• Work-life balance is essential for long-term success.
• Narrow down your focus to what you're good at.
• A solid business plan is more valuable than the plan itself.
• Networking and relationships are key in the construction industry.
• Expect sleepless nights when starting a new venture.
• Always prioritize family over business.

You can learn more about Ted on LinkedIn https://www.linkedin.com/in/brownteddy/ or at his company website https://www.safeguardsolutionsgroup.com/ 

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