241 | Oliver Letourneau and Simon Benoit | Balancing Growth and Profitability and The Many Perks of a Business Partnership
Manage episode 299106804 series 2705304
On today’s show, we have Oliver and Simon, co-founders, Construction Jackapole who share with us their distilled wisdom on entrepreneurship, the many advantages of a business partnership, and how to balance growth and profitability.
Oliver and Simon’s Montreal-based construction business clocked revenues of $3 MM last year. After kick starting operations barely three years back, Oliver and Simon have managed to assemble a dream team and an enviable clientele in a very short period of time.
Admittedly, they made many mistakes and slow progress in the first year of their operations. Oliver and Simon reveal how prioritizing growth over profitability proved to be their biggest mistakes in this segment of the show.
Here, you will learn the importance of cherry-picking the right clients so that your growth does not spiral out of control.
One of the main things that we touch upon today are the many advantages of a business partnership. You will learn how Oliver’s and Simon’s starkly contrasting and complementary personalities are powering growth and taking their organization to newer heights.
Entrepreneurship can be lonely, and a well-structured partnership can truly work to your advantage.
Some of the other important topics that we discuss today are the different perks of entrepreneurship, why you need to work on building client relationships, and the importance of doing what you say.
This is a show you do not want to miss.
What You Will Learn In This Show
- What are some of the massive upsides of being in a partnership?
- How to balance growth and profitability
- Why scaling back was one of the best decisions that we made this year
- Looking back and appreciating the progress
- And so much more…