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NewsGuest Column

Guest Column

In Tough Times, Identity Is Your Strategy

Cutting prices won’t save you — but clarity of values, messaging, and customer focus just might

By Julian Scadden
technician-working.jpg
Courtesy of EyeEm Mobile GmbH / iStock / Getty Images Plus

STEADY AS SHE GOES: Once markets stabilize, customers won’t remember your survival tactics; they’ll remember who stood firm when others wavered.  

September 28, 2025

Control the controllables.  

That’s what I tell every business leader who calls me in a panic. Worried about the market. Concerned about their survival.

I’ve seen this cycle before. The anxiety. The retreat. The fear.  

But here’s the good news: Economic uncertainty isn’t just something to endure. It’s your greatest opportunity for market share.  

While others are pulling back, you should be stepping forward — strategically, thoughtfully, authentically.  

Let me be clear:  

Your messaging must shift, not disappear.  
 Your pricing should adapt, not collapse.  
 Your communication must elevate, not evaporate.  
 Your values must deepen, not dilute.  

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I’ve watched too many good companies make the same devastating mistake: They abandon what’s in their DNA.  

In times of crisis, nothing feels sacred. But the reality is, there have to be some things that are non-negotiable. Then you figure out what is negotiable.  

Sure, you can make sweeping changes. Or you can ask: What is primary to our core? What’s in our DNA? What makes us who we are — internally and externally? What are the value propositions to the customers we serve that we’re not going to back off of?  

There are probably some trinkets, updates, or upgrades you were looking forward to for your business. These can be paused while you ensure you’re on solid financial ground.  

This isn’t abstract philosophy. It’s a practical business strategy.  

Your cost management matters. Your price optimization matters. But those are tactics, not identity.  

I get it: We can’t control our wholesalers’ or manufacturers’ ability to meet supply demands. We saw that during the pandemic. If there’s a supply chain disruption or a major weather event, we can’t control vendor pricing. If tariffs hit, we can’t just wish that away.  

So yes, there are things you can’t control. But of the things you can control, No. 1 is your outlook.  

Anyone who’s been in business for more than 10 years has seen highs and lows. I use the 10-year marker because economies move in cycles — there are times of harvest and times of famine. That’s just how it goes.  

In your business, the things you can control are:  

  • Your outlook — what you focus on  
  • Your principles — how you behave in tough conditions  
  • Your value proposition — what you promise your customers  

Your outlook sets the tone for your entire organization. Your principles guide your behavior. Your value proposition is the reason you’ll survive a tough time. So get focused on your promise to your customer. What’s your most profitable revenue line? What’s your most in-demand service? Amplify the message that that’s what you do — and that you’re one of the best at it.   

Control the controllables from the bottom up. In this industry, we serve homeowners. Every person in every position at your company works toward this end. So:   

  • Does each of your employees have a scorecard for their individual role?  
  • Do they each know how they contribute to the company’s success?  
  • Are you coaching and managing with that end in mind?  
  • Are you empowering them toward that end?  

The market will always fluctuate. That’s beyond your control.  

But your response? That’s entirely within it.  

I’ve never seen a company fail because of market conditions alone.  
But I have seen them fail because they forgot who they were during those conditions.  

So yes, be aware of what’s happening. Be sensitive in how you communicate it. But never, ever let uncertainty rewrite your organizational DNA.  

Because when markets stabilize — and they always do — customers won’t remember your survival tactics. They’ll remember who stood firm when others wavered.  

That’s not just good leadership. That’s good business.  

What are you controlling today?  

KEYWORDS: HVAC contractor best practices Price Increases in HVAC Pricing for HVACR Products and Services

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Julian scadden

Julian Scadden is President and CEO of Nexstar Network, a member-owned organization headquartered in Bloomington, MN, serving over 700 independent Plumbing, HVAC, and Electrical home services companies since 1992. Nexstar’s mission is to help the world’s best tradespeople become the world’s best businesspeople. Follow Julian on LinkedIn here.  

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