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Why Your Home Service Business Needs a Weekly Dashboard - Daniel Felt
Manage episode 483852550 series 3651404
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Daniel Felt shares how he scaled Kura Home to nine locations nationwide by building a weekly financial dashboard that guides real-time decisions instead of relying on delayed monthly reports. He reveals the exact metrics that drive his 19% profit margin and why focusing on bottom-line results beats chasing revenue.
• Weekly financial dashboards outperform monthly P&Ls for making timely business decisions
• The critical 42.5% payroll-to-revenue ratio that serves as his primary profitability indicator
• Why he abandoned handyman services despite rapid growth when the numbers showed poor margins
• How he leverages micro-influencers (5-20K followers) through service trades instead of paid advertising
• The morning routine (including 4-minute cold plunge) that prepares him for entrepreneurial challenges
• His work-life boundary of shutting down business at 5pm daily to maintain family time
• The importance of consistent execution rather than jumping between revenue activities and operations
• His goal of donating $100 million over his lifetime through business success
Ready to get the financial clarity needed to grow your home or commercial service business? Visit CFOMadeEasy.com to book a no-pressure intro meeting with Tyler.
🎙️ Profit & Grit by Tyler Martin
Real stories. Real strategy. Real results for service-based business owners.
🔗 Website: ProfitAndGrit.com
📍 LinkedIn: linkedin.com/in/thinktyler
📸 Instagram & TikTok: @profitandgrit
📅 Want to grow your business with smarter financial strategy?
Book a free intro meeting
Chapters
1. Weekly Dashboards Beat Monthly P&Ls (00:00:00)
2. Introduction to Daniel Felt's Business Journey (00:02:35)
3. From Dog Trainer to Routine Home Maintenance (00:05:24)
4. Why Handyman Services Failed Despite Growth (00:10:27)
5. The 42% Payroll Rule for Profitability (00:15:30)
6. Micro-Influencers: Marketing Without Cash (00:20:37)
7. Cold Plunge and Morning Routine (00:28:40)
8. Work-Life Balance and Leadership Practices (00:35:14)
9. The $100 Million Giving Goal (00:41:14)
10. Consistency: The Secret Superpower (00:47:12)
14 episodes
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