đ´ Make money. Build wealth. Be kind. đ We help sparkies build generational empires đď¸ 3 x podcasts out weekly

Sparky Coach Group: the Aussie podcast for electricians, tradies and business owner success!
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đ´ Make money. Build wealth. Be kind. đ We help sparkies build generational empires đď¸ 3 x podcasts out weekly
Language
đşđ˛
Publishing Since
6/26/2023
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Recent Episodes

June 23, 2026
#315 // Why You Should Raise Your Rates On July 1 (Part 1) with Greg Crowe
<p>July 1 is coming up, and there really is no better time to consider a rise in rates + margins. </p><p><br></p><p>Today we discuss the pros and cons of considering increases. </p><p><br></p><p>Why you should raise your ratesâŚ</p><ul><li>Make money. Build wealth. Be kind. It all starts with making money </li><li>You deserve a market wage + super + a business net profit of 20-35% </li><li>Youâre currently oncosting yourself as 1 full time position but really you are doing 2 positions (ie 30-40 hours of âvolunteerâ admin work at night time). If you paid someone to do this, your overhead per hour would increase and you would either be losing money or making less money</li><li>If you donât raise your prices, every hour is costing you more and out of every dollar you are keeping less. </li><li>The price of everything has gone up (subscriptions, petrol, staff, super, interest etc)</li><li>A $45 to $50 wage increase for your key tradie has just cost you $10k </li></ul><p><br></p><p><br></p><p>Why you shouldnât raise your ratesâŚ</p><ul><li>You feel dirty like youâre ripping someone off </li><li>You fear success / failure / making money </li><li>You are uncomfortable having hard conversations </li><li>You fear the unknown // what happens if someone pushes back? What happens if you lose clients? Is it worth it?</li><li>If youâre currently charging too low, you might not be able to get there in one go </li><li>Your overheads are too high and itâs messing with your break evens </li><li>You genuinely want to absorb this one to keep + build client relationships </li><li>You are on top of this and are continually raising your rates </li></ul><p><br></p><p><br></p><p><br></p><p>Itâs time for you to get after your trade god ordained destiny of making money, building wealth + being kind. </p><p><br></p><p><br></p><p>Much love,</p><p>Crowe x</p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p>Summary</p><p><br></p><p>In this episode, Greg Crowe discusses the importance of raising rates at strategic times, especially July 1, to ensure business profitability and sustainability. He shares practical insights on how to approach rate increases, understand your numbers, and build a profitable, long-term business.</p><p><br></p><p><br></p><p>Keywords</p><p><br></p><p>business rates, profitability, financial planning, business growth, pricing strategy, July 1 rate increase, business tips, financial year, profit margins</p><p><br></p><p><br></p><p>Key Topics</p><p><br></p><p>Best times to raise business rates (July 1, January 1)</p><p>Understanding your break-even rate and profit margins</p><p>The importance of knowing your numbers and costs</p><p>Overcoming the fear of raising prices</p><p>Building a profitable and sustainable business</p><p>The impact of overheads and non-billable expenses</p><p>Market normalcy and pricing ethics</p><p>Self-development through business challenges</p><p><br></p><p><br></p><p>Titles</p><p><br></p><p>Why July 1 is the Best Time to Raise Your Business Rates</p><p>Master Your Business Finances: When and How to Increase Prices</p><p><br></p><p><br></p><p>Sound bites</p><p><br></p><p>"Most of you are on costing volunteer administration work"</p><p>"Every hour is costing you more money"</p><p>"Stop glamorizing the struggle, speak positively about your business"</p><p><br></p><p><br></p><p>Chapters</p><p><br></p><p>00:00 Introduction to Rate Increases</p><p>01:24 The Importance of Timing for Rate Increases</p><p>02:20 Understanding the Need to Raise Rates</p><p>05:04 The Financial Reality of Running a Business</p><p>08:48 Defining Your Role and Responsibilities</p><p>10:58 Market Wage and Profit Margins</p><p>12:25 The Cost of Volunteer Administration Work</p><p>14:11 The Consequences of Not Raising Rates</p><p>16:03 Reasons Against Raising Rates</p><p>20:41 Evaluating Overheads and Break-Even Rates</p><p>23:03 Market Realities and Client Expectations</p><p>25:31 Building Client Relationships vs. Profitability</p><p>26:28 Conclusion and Next Steps</p>

June 22, 2026
#314 // âFive Simple Ways To Make More Money In Your Electrical Business (Part 2) with Greg Crowe
<p>Making money is easy when you know how. </p><p><br /></p><p>The trouble is, sometimes we get busy and conveniently forget the ways to make money.</p><p><br /></p><p>The truth is that itâs not that complicated, itâs actually a very simple concept. </p><p><br /></p><p>In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: </p><p><br /></p><p>-weekly revenue exceeds weekly expenditure (ie profit / loss) </p><p>-the jobs that are starting and finishing every week (ie âclosed jobsâ) are at a solid net profit </p><p>-the jobs that are running over weeks + months(ie âopen jobsâ) are on their way to making a solid net profit </p><p>-all paid hours are allocated to a job (ie âlabour efficiencyâ)</p><p>-all hours completed are effective + efficient (ie âquality of hoursâ) </p><p><br /></p><p><br /></p><p>Sometimes itâs in the moments when we peel ourselves away from the mundane day to day grind where we can see how simple running a business really is. </p><p><br /></p><p>Revenue > expenditure. Be kind. Repeat. </p><p><br /></p><p>May these words inspire you as you proceed on your journey of making money, building wealth + being kind. </p><p><br /></p><p>Much love, </p><p>Crowe</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Summary</p><p>Greg Crowe shares practical strategies to increase profitability and build a sustainable electrical business over the long term. He emphasizes the importance of long-term planning, maintaining business health, and focusing on implementation over complexity.</p><p><br /></p><p><br /></p><p>Keywords</p><p>Electrical business, profitability, long-term planning, business growth, financial management, Sparky Coach, revenue, expenses, net profit, business systems</p><p><br /></p><p><br /></p><p>Key Topics</p><p>Long-term planning and its impact on business success</p><p>The importance of weekly revenue exceeding expenses</p><p>Building relationships with clients and staff for long-term success</p><p>The role of gross profit and net profit in business health</p><p>Strategies for increasing revenue and reducing costs</p><p><br /></p><p><br /></p><p>Titles</p><p>5 Ways to Make More Money in Your Electrical Business</p><p>The Long Game: Building a Sustainable Electrical Business</p><p><br /></p><p><br /></p><p>Chapters</p><p>00:00 Introduction to Business Growth Strategies</p><p>02:51 The Power of Long-Term Thinking</p><p>07:34 Balancing Short-Term Hustle with Long-Term Goals</p><p>12:14 Five Ways to Increase Revenue in Electrical Business</p><p>15:22 Understanding Revenue and Expenditure</p><p>26:07 Conclusion and Key Takeaways</p>

June 18, 2026
#313 // âFive Simple Ways To Make More Money In Your Electrical Business (Part 1) with Greg Crowe
<p>Making money is easy when you know how. </p><p><br></p><p>The trouble is, sometimes we get busy and conveniently forget the ways to make money.</p><p><br></p><p>The truth is that itâs not that complicated, itâs actually a very simple concept. </p><p><br></p><p>In this podcast series we go through the 5 simple ways to make more money in your electrical business which are as follows: </p><p><br></p><p>-weekly revenue exceeds weekly expenditure (ie profit / loss) </p><p>-the jobs that are starting and finishing every week (ie âclosed jobsâ) are at a solid net profit </p><p>-the jobs that are running over weeks + months(ie âopen jobsâ) are on their way to making a solid net profit </p><p>-all paid hours are allocated to a job (ie âlabour efficiencyâ)</p><p>-all hours completed are effective + efficient (ie âquality of hoursâ) </p><p><br></p><p><br></p><p>Sometimes itâs in the moments when we peel ourselves away from the mundane day to day grind where we can see how simple running a business really is. </p><p><br></p><p>Revenue > expenditure. Be kind. Repeat. </p><p><br></p><p>May these words inspire you as you proceed on your journey of making money, building wealth + being kind. </p><p><br></p><p>Much love, </p><p>Crowe</p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p><br></p><p>Summary</p><p>Greg Crowe shares practical strategies to increase profitability and build a sustainable electrical business over the long term. He emphasizes the importance of long-term planning, maintaining business health, and focusing on implementation over complexity.</p><p><br></p><p><br></p><p>Keywords</p><p>Electrical business, profitability, long-term planning, business growth, financial management, Sparky Coach, revenue, expenses, net profit, business systems</p><p><br></p><p><br></p><p>Key Topics</p><p>Long-term planning and its impact on business success</p><p>The importance of weekly revenue exceeding expenses</p><p>Building relationships with clients and staff for long-term success</p><p>The role of gross profit and net profit in business health</p><p>Strategies for increasing revenue and reducing costs</p><p><br></p><p><br></p><p>Titles</p><p>5 Ways to Make More Money in Your Electrical Business</p><p>The Long Game: Building a Sustainable Electrical Business</p><p><br></p><p><br></p><p>Chapters</p><p>00:00 Introduction to Business Growth Strategies</p><p>02:51 The Power of Long-Term Thinking</p><p>07:34 Balancing Short-Term Hustle with Long-Term Goals</p><p>12:14 Five Ways to Increase Revenue in Electrical Business</p><p>15:22 Understanding Revenue and Expenditure</p><p>26:07 Conclusion and Key Takeaways</p>
313 total episodes available
Recent guests on Sparky Coach Group: the Aussie podcast for electricians, tradies and business owner success!
Guests from recent episodes â sign up to see every guest that has ever appeared on this show.
Sam Hooper
Guest
Brad Hibberd
Guest
Josey Bremner
Guest
Tommy
Guest
Tom Ryan
Guest
Josh Ford
Guest
Angela Lee
Guest
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- What is Sparky Coach Group: the Aussie podcast for electricians, tradies and business owner success!?
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This podcast updates weekly.
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This podcast is available on 7 platforms including Apple Podcasts, Spotify, and more. You can also use the RSS feed directly.
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Yes, this podcast regularly features guests.
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