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SE E88 - The 5 Biggest Profit Leaks in Your Contracting Business

SE E88 - The 5 Biggest Profit Leaks in Your Contracting Business

Season 2 Episode 88 Published 1 month, 2 weeks ago
Description

In this episode of Beers with Contractors, hosts Will interviews Scott Pierce, founder of Third Edge Consulting and a certified Pinnacle business guide, about why growth often creates chaos for contractors and why “better” matters more than simply getting bigger. Scott emphasizes differentiating through a great customer experience, watching for warning signs like shrinking profitability and outdated systems, and creating organizational clarity by defining where the company is going and what success looks like. He explains Pinnacle’s “Basecamp” process for aligning purpose, values, long-term goals, and 90-day priorities, and contrasts Pinnacle’s flexible, guide-based approach with EOS, including how individualized “rocks” can be pushed through the organization. Scott highlights common margin leaks—direct labor, materials, commissions, marketing, and indirect labor—and advises contractors to know break-even, track key KPIs (leads through reviews), and avoid abdicating responsibilities.


00:00 Introduction

02:10 Better Not Bigger

04:50 Scaling Warning Signs

07:59 Clarity Before Growth

10:37 Basecamp Framework

14:02 Pinnacle vs EOS

17:25 Rocks for Everyone

20:27 Margin Leaks Checklist

27:12 Know Numbers and KPIs

29:25 Wrap Up and Contact

34:53 Outro and Disclaimers


Contact Scott Pierce at:

Website: https://t3econsulting.com/

LinkedIn: https://www.linkedin.com/in/scott-pierce-43872a78/


Check Out Greenbaum Stiers Strategic Marketing Group: https://www.greenbaumstiers.com/


Foundation Rescue Supply Link:

https://www.foundationrescuesupply.com/


Contractors Kick Ass!

Podcast Store Link:

https://williamwalkerblake.com/store-1


The Worker Incentive Program that Contractors Love! - Per4mance Software https://per4mance.io - Pay for performance, not hours

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