Close Menu
    Trending
    • This AI-powered machine turns photos into smells
    • Backwards heat shows laws of thermodynamics may need a quantum update
    • Gordon Ramsay Shares Perspective On Beckham Family Tension
    • Disney sends cease-and-desist to ByteDance over AI-generated videos
    • India hosts AI Impact Summit, drawing world leaders, tech giants | Technology News
    • Scheffler nails three eagles in near-comeback attempt at Pebble Beach
    • ‘Grind mode’? ‘Routine maxxing’? Social media debates the ‘best’ full-on approach to work
    • Why adding cross training into your exercise routine is the way to go
    Benjamin Franklin Institute
    Monday, February 16
    • Home
    • Politics
    • Business
    • Science
    • Technology
    • Arts & Entertainment
    • International
    Benjamin Franklin Institute
    Home»Business»He Went From $471K in Debt to Teaching Others How to Succeed
    Business

    He Went From $471K in Debt to Teaching Others How to Succeed

    Team_Benjamin Franklin InstituteBy Team_Benjamin Franklin InstituteJuly 2, 2025No Comments6 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Share
    Facebook Twitter Pinterest Email Copy Link


    Opinions expressed by Entrepreneur contributors are their own.

    Joe Crisara didn’t set out to be a business coach. Like most tradespeople, he started with a toolbox, some hands-on skills and the dream of working for himself. But six years into running his own company, he found himself $471,000 in debt and on the brink of bankruptcy. That’s when a loyal customer — someone who’d seen how the stress took a toll on Crisara — finally asked, “How’s it really going?”

    That simple, gut-punch of a question became a turning point.

    Crisara realized he wasn’t just selling parts or labor. He was in the business of trust, confidence and peace of mind. Once he owned his mistakes, Crisara spent decades learning how to fix them — not just for himself, but for thousands of other service providers across the country. He founded Service MVP, a podcast and membership community, to provide contractors with the sales training and support he wished he had when he was first starting out.

    Related: Her Show Was Canceled – But the Setback Taught Busy Philipps a Powerful Lesson for Creators and Entrepreneurs

    One of Crisara’s biggest lessons is to stop thinking of your work as a line item. Customers assume they’re paying for a part or a few hours of labor, but Crisara insists the parts are free: “I always tell people…100% of what you’re putting out there is your service. That’s the product. You are only providing service, and the parts are free.”

    Crisara encourages service providers to educate customers on their pricing structure. When done right, this kind of conversation doesn’t feel like a sales pitch. It actually builds trust and often diffuses price objections before they even come up. “It’s a burden that the service provider carries,” he says. “It’s your job to give that 30-second economics lesson to customers when they start to take you down a path that draws you into doing substandard work at a lower price.”

    When it comes to pricing, Crisara doesn’t sugarcoat it. He breaks down the ideal service business like this:

    • Labor: 20%
    • Materials: 20%
    • Overhead: 35%
    • Profit: 25%

    “Profit takes courage,” he says. “If you’re living paycheck to paycheck and you’re waiting for the next thing to happen to make you successful, most likely it’s not gonna come when you need it. It’s very risky to operate that way.”

    Related: This Local Bakery Has Lines Out the Door. Here Are the Secrets to Its Success.

    In Crisara’s view, profit isn’t about accumulating wealth. It’s the fuel that powers everything else: better tools, better training, better service. “My advice [is] to reinvest some of that profit into a better customer service experience that inspires customers to want to turn you into their champion so they can refer you to their friends and family.”

    Over his 48-year career, Crisara has learned that the customer experience is everything. He emphasizes that contractors need to invest in communication tools to make the experience seamless, from the first phone call to follow-up after a service. “When you answer the phone, you gotta make people smile,” he says.

    Crisara often answers the phone with, “It’s a great day at Service MVP, how can I make you smile today?” It might feel small, but that first impression sets the tone.

    Building trust starts long before you get to the job site. For Crisara, customer service begins with that very first phone call. When consulting with a client, he reminds himself of two goals: “One is that these people are gonna get care, respect and support. For me, that’s my [first goal.] My second thing is, I don’t need to be accepted. So if they don’t want my [service], I’m not gonna be sad or let down or angry. They’re not a good fit for me.”

    According to Crisara, this attitude allows you to focus on providing great service, rather than closing the sale. People can sense that level of confidence, which he believes is the key to successful customer interactions.

    Related: Want to Work With Influencers? Here’s What Small Business Owners Need to Know.

    When it comes to expanding your business, Crisara says the first step is making your solo operation consistent, efficient and profitable. “You are the prototype for the customer service experience that you’re gonna train other people to do. So number one, perfect the customer experience,” he says.

    Your first hire should be someone who can mirror your standard, not just take tasks off your plate. Crisara believes this is where many small business owners stumble: They hire too early or without a plan, and suddenly they’re training someone to follow a broken system.

    “The bigger the staff you have, the higher the overhead that’s gonna be in place, and the prices are gonna increase as soon as you hire more people,” Crisara says. “Profit allows us the indulgence of hiring coworkers who can actually do the work instead of [you].”

    Finally, Crisara emphasizes the value of customer feedback. Good reviews boost morale, but bad ones can be even more valuable if you’re willing to listen. “One bad review can be worth $12,000 in free business consulting,” he says. “Good reviews are for vanity…bad reviews are for sanity. They’re there to help us improve.”

    Crisara encourages business owners to respond with sincerity: Thank the reviewer for taking the time, acknowledge how they felt and offer a path to resolution.

    “Sometimes the bad reviews are a better way to help you respond,” he says. “I’m not saying you want to get all bad reviews, but if you get a small percentage of bad reviews, take the opportunity to show what you’re made of and what your value system is, and don’t get into negativity.”

    Related: 5 Secrets to Success From a Sustainable Business That’s Grown 95% in 3 Years

    Crisara’s advice boils down to a few simple but powerful truths:

    • Make people smile from the first phone call
    • Always ask for what you’re worth
    • You’re providing a service, not parts
    • Build your business like you’re training a future team
    • Don’t fear your mistakes — learn from them

    Watch the episode above and subscribe to Behind the Review for more from new business owners and reviewers every Tuesday.

    Editorial contributions by Jiah Choe and Emily Moon

    Join top CEOs, founders and operators at the Level Up conference to unlock strategies for scaling your business, boosting revenue and building sustainable success.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

    Related Posts

    Business

    This AI-powered machine turns photos into smells

    February 16, 2026
    Business

    ‘Grind mode’? ‘Routine maxxing’? Social media debates the ‘best’ full-on approach to work

    February 16, 2026
    Business

    Wendy’s is closing hundreds of U.S. restaurants as domestic sales slide

    February 16, 2026
    Business

    How your personality impacts your career success (and what you can do about it)

    February 16, 2026
    Business

    Why U.S. healthcare is still the most expensive in the world

    February 15, 2026
    Business

    These plain-text websites will simplify your internet experience

    February 15, 2026
    Editors Picks

    ‘Trump trades’ start to misfire as dollar weakens

    February 11, 2025

    ‘Main reason’ for Bill Belichick snub revealed in new report

    January 30, 2026

    Danish man given suspended sentence for sharing nude film scenes on Reddit

    November 12, 2025

    Pentagon chief visits Vietnam amid prolonged arms supply talks

    November 2, 2025

    Biden Continues Burning Down The Country On His Way Out, Releases 11 Terrorists From Guantanamo Bay

    January 7, 2025
    About Us
    About Us

    Welcome to Benjamin Franklin Institute, your premier destination for insightful, engaging, and diverse Political News and Opinions.

    The Benjamin Franklin Institute supports free speech, the U.S. Constitution and political candidates and organizations that promote and protect both of these important features of the American Experiment.

    We are passionate about delivering high-quality, accurate, and engaging content that resonates with our readers. Sign up for our text alerts and email newsletter to stay informed.

    Latest Posts

    This AI-powered machine turns photos into smells

    February 16, 2026

    Backwards heat shows laws of thermodynamics may need a quantum update

    February 16, 2026

    Gordon Ramsay Shares Perspective On Beckham Family Tension

    February 16, 2026

    Subscribe for Updates

    Stay informed by signing up for our free news alerts.

    Paid for by the Benjamin Franklin Institute. Not authorized by any candidate or candidate’s committee.
    • Privacy Policy
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.