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Fixed Bids Burned Me — T&M Turned It Around
Manage episode 507026911 series 3566990
Tyler breaks down how fixed bids had him bleeding on projects and why switching to Time & Materials, vetting hard, and charging for everyday hiccups kept the business alive. He gets into a real day-in-the-life, how he stays motivated when the work is repetitive, what younger trades are valuing now, and how being a dad changed his decisions.
Show Notes:00:00 Back in the studio & why this one matters 01:23 A builder’s daily reality (no fluff) 05:29 The early mistake that cost me—switching to T&M 09:15 Picking jobs and saying no (on purpose) 12:29 The client vet list that saves profit 16:13 Charge for hiccups (yes, even tool jams) 20:04 Staying motivated when the work’s repetitive 22:44 What the next generation values (and the wage squeeze) 27:51 How being a dad changed how I run the business 32:50 1:1 help, next steps, wrap-up
Video Version: https://youtu.be/8m_ur5LCHYI
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