The General Contractor TRAP No One Warns You About | Jason Pignagrande (Ep. 258) Podcast Por  arte de portada

The General Contractor TRAP No One Warns You About | Jason Pignagrande (Ep. 258)

The General Contractor TRAP No One Warns You About | Jason Pignagrande (Ep. 258)

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For many contractors, growth means expanding scope:Full remodels, additions, commercial work… ANYTHING with a bigger price tag.But becoming a GC or full-service remodeler is a TRAP that leads to:👉 Cash flow chaos👉 Razor-thin margins👉 Endless headaches👉 And a home improvement business that OWNS themIn this episode of The Wealthy Contractor Podcast, Brian sits down with Jason Pignagrande, a 20-year industry veteran who learned this lesson the hard way.Jason shares why contractors should NOT grow at all costs…How specialization pulled him out of the “GC trap”…And why a few critical leadership and operational shifts helped him move to 15% net profit (without working more hours).This conversation challenges what most owners believe about growth, success, and scaling a contracting business.And it forces one uncomfortable (but necessary!) question:“What am I ACTUALLY building this business for?”In this episode, you’ll discover:🔥 Why contractors should NOT grow at all costs… and how chasing revenue always destroys profit🔥 The “UN-brilliant decision” Jason made by expanding into full remodeling and commercial work (and why specialization fixed it)🔥 The leadership move that triggered 3 consecutive months of profit growth and pushed net margins to 15%🔥 What GOOD job costing looks like, and how it exposes profit leaks most owners never see🔥 Why Jason stopped reviewing his P&L privately… and what happened when he let his leadership team see almost ALL the numbers🔥 How production outperforming sales sparked healthy competition (and better results)🔥 The hidden reason sales appointments were getting canceled (and how a bonus plan tweak fixed it)🔥 Why exchanging proven playbooks ELIMINATES years of trial and error🔥 The mindset shift that comes with extreme responsibilityThe longer you stay in the GC or full-service remodeling trap, the more “normal” the chaos feels…This episode will help you escape it.Key Highlights: (00:00) Intro(01:52) From Wall Street to windows: how a finance career led to a home improvement business(03:57) How most general contractors fall into the big “GC trap”… and why it’s one of the hardest paths in construction(06:26) The 1-, 3-, and 10-year EOS planning framework that brings clarity to scaling a contracting business(07:13) Why revenue doesn’t make a home improvement business valuable (and what buyers *actually* care about)(09:30) The dangerous question every contractor MUST ask before chasing growth(10:58) The profit vs. growth formula most contractors get wrong (and pay for later)(11:12) What happened when Jason shared the P&L with his leadership team… and why profit improved(14:23) The job costing meeting formula that exposes where profit is leaking in a contracting business(17:46) Why copying proven playbooks beats “figuring it out” when scaling a home improvement business(18:12) The real reason appointments were getting canceled (Hint: it wasn’t lead flow)(19:41) Why the right peer group helps contractors BUY speed (instead of wasting years)(22:52) How choosing the WRONG room can cap your growth as a general contractor(26:19) Why working on yourself is non-negotiable for leading a profitable business(30:55) The 854-dinner realization that reframes success, time, and building a business that supports your life(34:01) Extreme ownership and why everything in your home improvement business traces back to YOU👉 Subscribe to hear more stories, strategies, and secrets that top contractors use to grow their home improvement businesses and enjoy more success, wealth, and freedom.Additional Resources:⚡ Learn more about The Wealthy Contractor Success Society: https://TheWealthyContractor.com/Coaching/Success-Society ⚡ Get Brian’s book, The 7 Secrets To Becoming A Wealthy Contractor, for FREE (just pay shipping). Visit https://www.TheWealthyContractor.com/ ⚡ Follow us on social media:Facebook: https://www.facebook.com/TheWealthyContractorInstagram: https://www.instagram.com/TheWealthyContractor/LinkedIn: https://www.linkedin.com/company/TheWealthyContractor/
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