102 - Less Stress — The Cashflow Contractor

“Less stress, more time, more money” – that’s our motto that you hear every episode, right? In this short episode, we’re going to be focusing on how to handle the stress, both good and bad. To put it simply, the bad stress, which we call “blisters,” and the good stress, “calluses,” are never going to be eliminated fully from your day-to-day. Why? Well, the blisters inhibit and hinder you from performing at your best, but a callus will help you develop the ability to handle all future stressors that come your way. To learn how to reduce blisters and form more calluses in your business, listen to our short episode now!

Show Notes

00:00 - Intro

01:45 - The Two Types of Stress
02:00 - The Causes of Bad Stress
04:30 - The Causes of Good Stress
10:00 - Why Small Failures Are Good
11:00 - What Bad Stress Boils Down To
12:20 - Why Processes Are Crucial
15:51 - Good Books Mitigate Bad Stress

Quotable Moments

“There are two types of stress – there’s a blister which is a negative stress or you can have a callus which helps you develop the ability to handle future stress.” – Martin
“The bad stress can come from uncertainty, indecision, doubt, fear, what-ifs, second-guessing decisions, regret, holding grudges, poor communication, or partner issues.” – Martin
“The good stress can come from experience, decisiveness, being busy in your work, learning, bringing an employee on, trusting people, building and fostering culture, above-and-beyond communication, and having small failures.” – Martin
“Oftentimes, 50 years of experience is just 1 year of experience 50 times.” – Martin
“If you’re going to start addressing the bad stress, first you need to make a decision, second is to make a plan, third is to create systems and fourth is to have information.” – Martin
“Good bookkeeping information can tell you whether or not you can buy that truck which will help your indecision.” – Martin
“To reduce your stress, focus on systems and information.”– Martin
“You will never eliminate your stress because we don’t want to. There is good stress that encourages us to learn new things.” – Martin

102 - Less Stress

103 - Pricing, Branding, & Scheduling

101 - Don't Be Held Hostage