The Builders Ladder: Business Growth Strategies for Residential Construction Businesses

Who to Hire and What to Pay to Keep Your Building Company Profitable


Listen Later

Struggling to grow your building company without stretching your budget? In this episode, Owen and Vinnie break down a proven hiring roadmap designed to keep your construction business profitable. Discover the 3 levels of hires you need as your company scales, what to pay them to keep your business financially healthy, and how to avoid common hiring mistakes. Plus, get access to free, ready-to-use job descriptions to streamline your hiring process.

Highlights:

  • 0:00 - Introduction
    Why hiring right matters for sustainable growth and profitability.
  • 1:39 - Key principles for hiring at each growth stage
    How to strategically bring on the right people at the right time.
  • 4:39 - Understanding the 3 hiring levels
    Know the difference between entry-level hires, skilled specialists, and leadership roles to avoid over- or under-staffing.
  • 10:07 - Level 1: Foundational hires
    Who to bring on first to support basic operations and free up your time.
  • 10:54 - Level 2: Filling skill gaps
    Essential hires for low-fun, high-skill tasks that you don’t have time for, but are crucial for scaling.
  • 16:29 - Level 3: Building a marketing team that delivers
    Why marketing-focused hires are essential for consistent lead flow and business growth.
  • 18:38 - Pay strategies that keep your hires productive and motivated
    Competitive pay without overspending. Learn what top-performing builders pay their team members at each level.
  • 20:32 - Avoid percentage-based compensation pitfalls
    Why paying a percentage of P&L can backfire, and what to consider instead.
  • 21:27 - Think packages, not just payslips
    Discover how offering the right benefits can attract quality hires and reduce turnover.
  • 25:03 - Free job descriptions for every role
    Access downloadable job descriptions to kickstart your hiring process.



Subscribe to The Builder's Ladder Podcast for weekly, actionable insights tailored to help you grow a profitable construction business.

 

Follow TPB for more:

-https://www.instagram.com/theprofessionalbuilder/

Get your business health audit + free resources (including website audit) here - 

https://www.theprofessionalbuilder.com

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

See omnystudio.com/listener for privacy information.

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

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


More shows like The Builders Ladder: Business Growth Strategies for Residential Construction Businesses

View all
The Contractor Fight with Tom Reber by Tom Reber

The Contractor Fight with Tom Reber

405 Listeners

The Mentor with Mark Bouris by Mentored.com.au

The Mentor with Mark Bouris

48 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

554 Listeners

Bedros Keuilian Podcast Show by Bedros Keuilian

Bedros Keuilian Podcast Show

2,261 Listeners

The Game with Alex Hormozi by Alex Hormozi

The Game with Alex Hormozi

4,388 Listeners

Property Investment, Success & Money | The Michael Yardney Podcast by Michael Yardney; Australia's authority in wealth creation through property

Property Investment, Success & Money | The Michael Yardney Podcast

33 Listeners

The Elephant In The Room Property Podcast | Inside Australian Real Estate by Veronica Morgan & Chris Bates

The Elephant In The Room Property Podcast | Inside Australian Real Estate

16 Listeners

Pizza and Property by P&P Media

Pizza and Property

15 Listeners

Contractor Evolution by Breakthrough Academy

Contractor Evolution

51 Listeners

Straight Talk with Mark Bouris by Mentored.com.au

Straight Talk with Mark Bouris

148 Listeners

Professional Builders Secrets by Association of Professional Builders

Professional Builders Secrets

10 Listeners

Inspired Builders Podcast by Bizvideo

Inspired Builders Podcast

0 Listeners

Money Mentor Podcast by Graeme Holm

Money Mentor Podcast

20 Listeners

Build with Leila Hormozi by Leila Hormozi

Build with Leila Hormozi

903 Listeners

Unemployable by Adam Hudson, Eric Machado, James Denham & Mark Di Paola

Unemployable

12 Listeners