Builders Makers Doers: The Resilience Behind American Business
Most trades owners think insurance is the safety net. It is not. Insurance can help you survive a bad event. It does not make your business resilient. In this solo episode, Andy and Elliot break down the difference between being insured and actually building a business that can take a hit, keep running, protect profit, and hold its value over time. In this episode, you’ll learn: ✅ Why insurance should be treated as catastrophic protection, not the whole strategy ✅ How one injury can quietly impact safety, retention, workflow, and future profit ✅ Why shopping the market is usually the wrong move when costs rise ✅ How weak continuity planning can kill a business even when the insurance works ✅ Why de-risking your company can directly increase business value If you own, lead, or help run a trades business, this episode will hit home. ▶ Watch the full episode and subscribe to Builders, Makers, Doers. Stay Connected & Follow the Movement • Subscribe on YouTube, Spotify, and Apple Podcasts • Follow Builders, Makers, Doers on LinkedIn https://www.linkedin.com/company/ellerbrock-norris/ • Grab a copy of Andy Bassett’s book https://www.ellerbrock-norris.com/book Connect with the Hosts: Andy Bassett CEO, Ellerbrock-Norris https://www.linkedin.com/in/andy-bassett-cpcu-cic-7711853/ Elliot Bassett President and Partner, Ellerbrock-Norris https://www.linkedin.com/in/elliot-bassett-aip-cpcu-84499515/ 🌐 https://www.ellerbrock-norris.com/ Chapters: 00:00 The core question 00:30 Resilient vs. insured 03:00 Why owners default to price 07:05 Insurance helps you survive 10:15 Why shopping the market fails 14:20 When one injury hits everything 17:50 Key people and retention risk 23:25 Hidden costs owners miss 26:15 Insurance worked, business failed 28:45 De-risking increases business value 31:30 How to start building resilience We often talk about the 10 impact areas of risk within a business. Now, you can join us for a FREE Resiliency Audit. In 30 minutes, we'll comb through your business, find where you may be at risk, and deliver a detailed plan on how to address the issues. Time to stop being reactive – and commit to being proactive. Schedule your audit today. [https://www.ellerbrock-norris.com/resiliency] You clearly like learning how other businesses are building resiliency. From the people the hire to their safety practices, risk management strategies, exit planning and more. Now, you can do a deep dive on YOUR business – for free. We'll dive into your business and deliver a detailed report that shows you actionable next steps and potential cost long-term savings. Sign up today at www.ellerbrock-norris.com/resiliency [https://www.ellerbrock-norris.com/resiliency].
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