Failing
To Success
Podcast

D&M Electrical Contracting Inc.

Chad Kaleky conducts an interview with Doug Winston on his podcast "Failing to Success" on Nov 08, 2023. The discussion revolves around Doug Winston's success after overcoming challenges at D&M Electrical Contracting Inc.. The information shared about D&M Electrical Contracting Inc. is derived entirely from this podcast episode.

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Doug Winston

In this episode, Doug Winston shares a pivotal moment in his life when a guidance counselor steered him towards becoming an electrician, ultimately leading to the founding of his successful electrical contracting company. He reflects on overcoming struggles, including near-bankruptcy experiences, which reinforced his "never surrender" mentality. Doug emphasizes the importance of finding a balance between discomfort and comfort when taking risks. He expresses skepticism towards business consultants who lack hands-on experience and profit-oriented strategies. Doug also highlights the significance of assertive communication in resolving challenges, emphasizing the need to confront clients for payment directly.

How did Doug Winston With D&M Electrical Contracting Inc. Grow Their Business?

📌 Pivotal moment: Guidance counselor's suggestion leads to pursuing a career as an electrician and eventually starting own electrical contracting business.

📌 Overcoming struggles: Faced bankruptcy scare twice, but persevered with a "never surrender" mentality and strategic problem-solving.

📌 Comfort and risk: Balancing discomfort for growth with a level of comfort necessary to take calculated risks.

📌 Skepticism towards consultants: Emphasizes the importance of tangible experience and profitability over empty promises of sales increase.

📌 Dealing with challenges: Confronting clients for payment and resolving issues by assertively communicating with the decision-makers.

Episode Summary:

In this episode, Doug Winston shares a pivotal moment in his life when a guidance counselor steered him towards becoming an electrician, ultimately leading to the founding of his successful electrical contracting company. He reflects on overcoming struggles, including near-bankruptcy experiences, which reinforced his "never surrender" mentality. Doug emphasizes the importance of finding a balance between discomfort and comfort when taking risks. He expresses skepticism towards business consultants who lack hands-on experience and profit-oriented strategies. Doug also highlights the significance of assertive communication in resolving challenges, emphasizing the need to confront clients for payment directly.

Website links:

Doug Winston from D&M Electrical Contracting Inc.: https://dmelectrical.com/

Chad Kaleky from Cosmic Design: https://www.cosmicdesign.io/

Timestamps:

00:00:00 Intro

00:00:13 Background

00:02:57 The Aha Moment

00:04:43 Struggles Along the Way

00:08:08 Thoughts on Business Consultants

00:08:55 When the Jobs Gets Bigger Than Expected

00:11:10 Taking Calculated Risks

00:17:05 Contact Doug

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