Why Your Mindset About Money Is Holding Back Your Construction Business
Manage episode 522098345 series 2997174
Are you stuck in a “cost” mindset, always worrying about hourly rates and the cheapest price? In this episode, we dive deep into why focusing on value—not just cost—can transform your construction business and your life. Join us as we explore: The pitfalls of chasing hourly rates How a value-driven mindset leads to better clients, higher profits, and less burnout Real-world examples from the building industry The importance of educating clients about quality and long-term value How to break free from old-school thinking and unlock new opportunities Whether you’re a builder, tradie, or anyone in the construction industry, this episode will challenge the way you think about money, work, and success.
Check out the Duayne Pearce website here...
https://duaynepearce.com/
Chapters
1. Setting The Scene: Cost And Rates (00:00:00)
2. Money Mindset Shift And Value (00:04:42)
3. Quick Hits Vs Long-Term Value (00:10:07)
4. Prices Always Rise: Stop Whinging (00:14:17)
5. The 3x Rule For Hiring And Pay (00:17:52)
6. Hourly Rates Cap Your Earning (00:23:08)
7. Conflict Risks With Hourly Billing (00:28:28)
8. When Hourly Makes Sense Briefly (00:33:38)
9. Chasing Day Rates Loses The Year (00:37:48)
170 episodes