The Site Shed | Systems, Strategy and Growth for Tradies and Contractors

Profit vs. Revenue: Mastering Financial Clarity for Trades and Construction | ft. Ben Hansen | Ep. 470


Listen Later

In episode 470, host Matt Jones is joined by Ben Hansen from Profit Doctor for a straight-shooting conversation about what truly drives profitability in trade businesses. Broadcasting from Austin, Texas, Ben brings a wealth of experience working with business owners across the globe, breaking down how revenue and profit don’t always go hand-in-hand, and why so many businesses look healthy on paper but struggle to see any real financial reward.

⏱️Timestamps:
00:00 "Marketing Budget Essential for Growth"
04:07 "Misaligned Resource Allocation in Business"
09:02 Revenue Focus vs. Profitability Awareness
13:43 Profit Focus for Business Success
16:00 "Financial Clarity for Tradespeople"
19:51 Streamlining Cost Analysis
23:49 Profit-Focused Service Shift
26:46 Lacking Practical Financial Guidance
28:30 Misaligned Business Growth Strategies
32:54 "Unprofitable Clients Hinder Growth"
35:10 Cut Losses to Boost Success
39:02 Streamline Focus for Better Conversion
43:02 "Focus on Customer Lifetime Value"
45:51 Optimize for Ideal Clients
47:58 Targeting Diverse Customer Needs
53:32 Focus on Core Strengths
55:22 Self-Taught Financial Empowerment

Your Next Step:

Join Tradie Academy, our free community packed with templates, checklists, and resources shared by podcast guests, coaches, and successful tradies.

👉 Join free and grab your next growth tool here: https://tradie.wiki/pod

Follow The Site Shed:

  • Facebook: The Site Shed
  • Instagram: @thesiteshed
  • LinkedIn: Matt Jones
  • Website: thesiteshed.com
  • YouTube: @TheSiteShed

If you enjoyed this podcast and this series, please take 5 to leave us a review:
⭐ https://lovethepodcast.com/TheSiteShed

Love the audio version of this podcast? Subscribe to the link below:
⭐ https://followthepodcast.com/TheSiteShed

...more
View all episodesView all episodes
Download on the App Store

The Site Shed | Systems, Strategy and Growth for Tradies and ContractorsBy Matt Jones - Helping Tradies Build Smarter, Scalable Businesses

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

16 ratings


More shows like The Site Shed | Systems, Strategy and Growth for Tradies and Contractors

View all
Tradies In Business by Nicole Cox

Tradies In Business

4 Listeners

The Mentor with Mark Bouris by Mentored.com.au

The Mentor with Mark Bouris

52 Listeners

The Property Couch by Bryce Holdaway & Ben Kingsley

The Property Couch

49 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

13,991 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

577 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,465 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,466 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

728 Listeners

No Bullsh!t Leadership by Martin G Moore

No Bullsh!t Leadership

124 Listeners

The Tradie Show by Lifestyle Tradie Group Pty Ltd - Business Podcast For Tradies Wanting To Scale Their Trade Business, Contractors and Construction

The Tradie Show

0 Listeners

Straight Talk with Mark Bouris by Mentored.com.au

Straight Talk with Mark Bouris

206 Listeners

Alpha Blokes Podcast by Alpha Blokes Project

Alpha Blokes Podcast

159 Listeners

Tradies Success Podcast | Business Growth for Electricians, Plumbers, Builders & All Tradies by Greg Allan: Business Podcast For Construction and Trade Entrepreneurs

Tradies Success Podcast | Business Growth for Electricians, Plumbers, Builders & All Tradies

2 Listeners

UpScale - Build your profitable Trade and Construction business by UpScale Business Coaching

UpScale - Build your profitable Trade and Construction business

1 Listeners

The Trade Den by Pravar Group

The Trade Den

0 Listeners