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Cheap Bids Are Killing Contractors
👉 Join BuildPro Now! https://buildprosystem.com/vip
Summary:
Most contractors are living in an illusion, thinking cheap bids and change orders will save them. They won’t. In this episode, I break down why rework destroys margins, how inaccurate estimating kills profit, and why knowing your breakeven number is non-negotiable.
What’s in this episode:
00:00 The illusion of making money
02:40 Why being the cheapest is dangerous
05:10 Rework eats your margins
08:20 Understanding breakeven costs
11:30 Profit-first estimating
14:40 Change order discipline
Suggested Videos:📹 Proven Strategies to Grow Your Contracting Business https://youtu.be/f9NE7ia7gDA?si=A3JFa1cus-CgnBS9📹 Is One Bad Hire Threatening Your Business? https://youtu.be/A0waQvno7Ms?si=-qmq9iXTdIU4GO5w📹 Is Your Contracting Business Costing You Your Family Life? https://youtu.be/G1KDIy4Q_Yk?si=KwyfkaTNQjSA8fAR📹 Why Hustling 60+ Hours a Week is Destroying Your Contracting Business https://youtu.be/vOC1OTdUzAo?si=f2-yw77QbbzE7cfu📹 From Hustling Alone to an 8-Figure Business: The Contractor’s Blueprint for Success https://youtu.be/NLvYE_jy9Ss?si=F5iMDs8DtcVU4TKxContact & Social Media:American Contractor Network: https://www.americancontractornetwork.com/Instagram:https://www.instagram.com/gerrittbake/Facebook: https://www.facebook.com/gerritt.bakeSubscribe me to my YouTube channel https://www.youtube.com/@UCewWukVmYzA7_fCVv4-UnKQThanks for watching my video! Stay tuned for more high-quality content that could change your life.
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By Gerritt Bake👉 Join BuildPro Now! https://buildprosystem.com/vip
Summary:
Most contractors are living in an illusion, thinking cheap bids and change orders will save them. They won’t. In this episode, I break down why rework destroys margins, how inaccurate estimating kills profit, and why knowing your breakeven number is non-negotiable.
What’s in this episode:
00:00 The illusion of making money
02:40 Why being the cheapest is dangerous
05:10 Rework eats your margins
08:20 Understanding breakeven costs
11:30 Profit-first estimating
14:40 Change order discipline
Suggested Videos:📹 Proven Strategies to Grow Your Contracting Business https://youtu.be/f9NE7ia7gDA?si=A3JFa1cus-CgnBS9📹 Is One Bad Hire Threatening Your Business? https://youtu.be/A0waQvno7Ms?si=-qmq9iXTdIU4GO5w📹 Is Your Contracting Business Costing You Your Family Life? https://youtu.be/G1KDIy4Q_Yk?si=KwyfkaTNQjSA8fAR📹 Why Hustling 60+ Hours a Week is Destroying Your Contracting Business https://youtu.be/vOC1OTdUzAo?si=f2-yw77QbbzE7cfu📹 From Hustling Alone to an 8-Figure Business: The Contractor’s Blueprint for Success https://youtu.be/NLvYE_jy9Ss?si=F5iMDs8DtcVU4TKxContact & Social Media:American Contractor Network: https://www.americancontractornetwork.com/Instagram:https://www.instagram.com/gerrittbake/Facebook: https://www.facebook.com/gerritt.bakeSubscribe me to my YouTube channel https://www.youtube.com/@UCewWukVmYzA7_fCVv4-UnKQThanks for watching my video! Stay tuned for more high-quality content that could change your life.