The Builders Ladder: Business Growth Strategies for Residential Construction Businesses

20% or DIE, Why Margins Matter...


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Builders, Have you ever wondered why you're not making your desired income despite putting in long hours? 🤔 Don't worry, you're not alone.

You see, most builders fall into this trap because they miscalculate this one thing... "Gross Profit Margin." Let's say you put a markup of 20%.

In reality, you're only getting a profit margin of 17.6%... And when builders confuse their "mark-up" and "profit margin," they fall into the hamster wheel of working harder without making more money.

This is just one of the many topics Marti & Owen discussed on our new podcast episode - “20% or DIE”. In this episode, you'll discover:

âś… Strategies for reinventing yourself and overcoming limiting beliefs through mental toughness challenges, like 75 Hard.

âś… How accepting low-margin projects for portfolio growth can be detrimental in the long run.

âś… The critical role of your foreman that will make or break your business's profit.

âś… A key tool that offers a clear bird's-eye view that will increase your profitability.

✅ The best way to position yourself as “the expert” in the eyes of your prospects.

And much, much more! Give it a listen, and let us know your favorite insights – we're sure you'll find valuable tips to apply to your business.

Check out our FREE resources: https://theprofessionalbuilder.com/free-resources/

https://www.facebook.com/groups/TPBmember: https://www.facebook.com/TheProfessionalBuilder

See omnystudio.com/listener for privacy information.

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The Builders Ladder: Business Growth Strategies for Residential Construction BusinessesBy The Professional Builder


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