The team discussed the key highlights from the recent January training for RFG franchisees, including:
Spending ~2 hours on active listening and communication skills, using interactive games to demonstrate how often people get distracted or stop listening
Incorporating humor and personal stories into a presentation on the importance of providing detailed estimates, with the "Top 10 Worst Estimate Requests" being a hit
Conducting a "blind spot" exercise where franchisees interviewed close business partners to get feedback on areas for improvement
The group explored the nuances of building a personal brand versus a business brand on social media. Key points included:
Avoiding oversharing personal financial details or victories, as that can backfire and distract from the core business message
Positioning oneself more as a spokesperson for the contracting.com brand, rather than the individual, to maintain authenticity and focus
Leveraging the team's expertise and stories to create valuable content, rather than just the founder's personal narrative
Recognizing that a smaller but highly engaged following is often more valuable than a large but disinterested audience
The discussion shifted to the importance of cultivating a "stakeholder" mentality rather than just optimizing for shareholder metrics like follower count. Key insights included:
Viewing the audience as stakeholders in the contracting.com mission, rather than just passive consumers
Drawing parallels to Warren Buffett and Berkshire Hathaway, where the brand and mission have outlasted the individual
Recognizing that some followers may actually be detrimental if they don't align with the core values and vision
Focusing on building a cult-like following of true believers, rather than just maximizing vanity metrics
The group explored the potential impact of contracting.com's mission to raise industry standards, including:
Short-term benefits to customers but potential long-term backlash from contractors if the bar is raised too quickly
Risks of a "race to the bottom" as contractors try to undercut each other, leading to consolidation and capital intensity
The need to carefully manage the pace of change to avoid alienating the existing contractor base while still driving progress
The meeting concluded with a recap of the key takeaways and next steps, including:
Amer committing to position himself more as a spokesperson for the contracting.com brand rather than just a personal brand
Exploring ways to leverage the team's expertise and stories to create valuable content, rather than just the founder's narrative
Maintaining a stakeholder-focused mindset and cultivating a highly engaged, mission-aligned audience rather than just optimizing for vanity metrics
Carefully managing the pace of industry disruption to avoid alienating the existing contractor base while still driving progress