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Tyler Grace shares why small business owners need to stop billing themselves like employees—and how failing to do so can quietly kill your margins. He breaks down opportunity cost, loaded labor rates, and how pricing with intention leads to a more sustainable, profitable business why small business owners need to stop billing themselves like employees—and how failing to do so can quietly kill your margins. He breaks down opportunity cost, loaded labor rates, and how pricing with intention leads to a more sustainable, profitable business
Show Notes:
Undervaluing Your Time as a Small Builder (0:00) The Importance of Pricing Strategy (5:38) Opportunity Cost and Business Efficiency (22:10) Managing Subcontractors and Business Systems (28:55) Pricing and Profitability for Small Business Owners (30:22) Conclusion and Call to Action (30:36)
Video Version:
https://youtu.be/PytSEl81Hcc
Partners:
Andersen Windows
Buildertrend
Harnish Workwear
Use code H1025 and get 10% off their H-label gear
The Modern Craftsman:
linktr.ee/moderncraftsmanpodcast
Find Our Hosts:
Nick Schiffer
Tyler Grace
Podcast Produced By:
Motif Media
4.8
11301,130 ratings
Tyler Grace shares why small business owners need to stop billing themselves like employees—and how failing to do so can quietly kill your margins. He breaks down opportunity cost, loaded labor rates, and how pricing with intention leads to a more sustainable, profitable business why small business owners need to stop billing themselves like employees—and how failing to do so can quietly kill your margins. He breaks down opportunity cost, loaded labor rates, and how pricing with intention leads to a more sustainable, profitable business
Show Notes:
Undervaluing Your Time as a Small Builder (0:00) The Importance of Pricing Strategy (5:38) Opportunity Cost and Business Efficiency (22:10) Managing Subcontractors and Business Systems (28:55) Pricing and Profitability for Small Business Owners (30:22) Conclusion and Call to Action (30:36)
Video Version:
https://youtu.be/PytSEl81Hcc
Partners:
Andersen Windows
Buildertrend
Harnish Workwear
Use code H1025 and get 10% off their H-label gear
The Modern Craftsman:
linktr.ee/moderncraftsmanpodcast
Find Our Hosts:
Nick Schiffer
Tyler Grace
Podcast Produced By:
Motif Media
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