How To Buy Back Your Time In Business
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About this listen
In this episode of the More Profit Less Stress Podcast, Greg Forzani and Dennis Taekema speak with Mic Toews of Premier Portable Buildings in Rimby, Alberta. Mic discusses buildingand shipping pre-built portable structures (sheds, mini barns, cabins) amid high demand. He shares his journey from high stress to greater control by mastering operational numbers (vs. tax numbers), making smarter decisions, hiring key staff, and buying back his time. The episode highlights improved profitability, work-life balance, and the power of an engaged team.
Takeaways
- A third-party, objective perspective isextremely valuable
- Operational numbers ≠ taxation numbers
- Drill down to the micro level — High-levelrevenue or gross numbers can hide major problems.
- Knowing your real numbers is the foundation forbuying back your time
- Stress often comes from financial uncertaintymore than workload
- Engage employees with transparency and thescoreboard
- Small, consistent improvements beat home-runfixes
- Training top performers can be highly leveraged(and surprisingly profitable)
- Separate emotional noise from business reality
- Long-term commitment to reviewing numbers yieldscompounding results
- A business built around the owner working 60+hours is far less valuable
- Hire (and keep) great people by understandingwhat actually motivates each individual
- Start working with help/advice early — not whenyou're already big or in crisis
Chapters
00:00 Introduction to Premier Portable Buildings
01:07 Understanding the Product Range
02:22 Customer Customization and Demand
06:35 Diverse Customer Base and Applications
07:36 Mic's Journey into Portable Buildings
08:39 Growth and Challenges in Business
09:36 The Importance of Numbers in Business
11:47 Overcoming Time Management Challenges
14:39 Stabilizing Business Operations
18:06 Employee Engagement and Business Health
20:31 Aha Moments in Business Awareness
22:33 Transforming Financial Insights into Profitability
24:27 Training for Efficiency and Growth
28:13 Life After Financial Clarity
30:30 Building a Culture of Accountability
33:30 Understanding Operational vs. Tax Profitability
43:28 Reflections on Retirement and Business Value
45:34 The Importance of Business Independence
46:43 Commitment to Long-Term Success
48:45 The Value of Ongoing Support
52:24 Final Thoughts and Reflections
Hosts are Greg Forzani and Dennis Taekema.
Our guest is Mic Toews, Owner and Operator of Portable Buildings of Rimbey www.shedsofrimbey.com.
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