#49 Scaling and Powering Through Challenges with Josh Kallsen of PowerTech

In this episode of Riding Tandem, Vivian Kvam sits down for a candid chat with Josh Kallsen, the go-getting president of PowerTech. They dive into Josh's journey through the construction world, starting from the life lessons he picked up from his grandfather, to his ambitious moves in buying and growing PowerTech. The heart of their conversation beats around PowerTech's Power to Give initiative, a brilliant example of how businesses can deeply impact their communities.Josh and Vivian chew over everything from the thrills and spills of taking risks in business, finding the perfect business partner groove, to the joys and jolts of running a business. They take a look at how seeing things from different angles and thinking on your feet are key, especially when you're doubling your business size practically overnight.They don't shy away from the tough stuff either, like how crucial it is to keep your cash flow healthy and your financial foundation solid during rapid expansion. The chat also shines a light on the Power to Give initiative, putting a spotlight on how giving back can be a powerful part of any business's journey.They also dig into the real deal about building legacies, busting some common myths about owning a business. Josh wraps it up with some straight talk about making mistakes and the big role business owners play in making the world a brighter place. This episode is not just a peek into the life of a successful entrepreneur; it's like a roadmap for anyone out there with big business dreams.Don't forget to subscribe for more inspiring stories and business strategies! If you love this show, please leave us a review. Go to RateThisPodcast.com/ridingtandem and follow the simple instructions.Reach out! Send your feedback and comments with this survey. Unpacking this episode min by min: Chapters01:00 Josh's Journey and Early Inspiration03:19 PowerTech's Power to Give Initiative03:48 Starting PowerTech and Taking Risks10:02 Passion for Running a Business15:18 Combining Forces with Cody35:45 Transitioning to Gas Pipeline Services37:25 Alignment with Cody and Partner Dynamics38:24 The Importance of Different Perspectives39:03 Scaling PowerTech Overnight40:03 PowerTech's Growth and Acquisition41:03 Rapid Expansion During COVID-1942:12 Challenges of Scaling and Resourcefulness43:10 Figuring Things Out as You Go44:18 The Importance of Cash Flow and Financial Stability46:13 The Power to Give Initiative49:49 Creating a Framework for Giving Back55:23 The Impact of Regular Giving58:10 Building Buy-In and Commitment to Giving Back01:00:03 Building Legacies and Making a Difference01:04:22 Leaving a Lasting Impact01:08:57 The Misconception of Business Ownership01:09:35 Advice on Making Mistakes01:10:33 Business Owners' Role in Making the World BetterRelated Episodes:#23 Brad Arrowsmith: Building a legacy towing operation#37 How to Build a Strong Financial Foundation And Prepare To Borrow For Your Business - Jamel Hamilton#2 The 3 most important pieces of advice that will directly impact your entrepreneurial experienceVivian Kvam:LinkedIn - https://www.linkedin.com/in/viviankvam/Email Vivian - [e-mail] Josh Kallsen, PowerTechFacebook - https://www.facebook.com/PowerTechTeam/Website - https://powertechteam.com/LinkedIn - https://www.linkedin.com/in/josh-kallsen-8357b6151/ Tandem Works Team:Facebook - https://www.facebook.com/TandemWorksTeamInstagram - https://www.instagram.com/thetandemworks/Email the team: [e-mail] FREE RESOURCES Shop Our Favorite Tools and Things here https://thetandemworks.com/our-favorite-thingsReceive the latest news, encouragement and inspiration from Vivian to your inbox by signing up here https://thetandemworks.com/newsletter-sign-upRiding Tandem with Vivian KvamA podcast from Tandem WorksEmail the team: [e-mail]