Cash Flow Isn’t Profit: Job-Cost It

19/08/2025 52 min
Cash Flow Isn’t Profit: Job-Cost It

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Episode Synopsis

Trent Waldrop shares how confusing cash flow with profit can quietly sink a small builder—and why ruthless job costing is the only way to know if you’re actually making money. He breaks down moving from 75–80% cost capture to billing every line item (even the $25 ones), hitting budgets within ~5%, and choosing the right pricing model so you can net 10–12% (or better) on $200–$400K homes.https://waldropcompany.comShow Notes:0:00 Hitting Budget Within 5% on Every Build9:17 Building Homes for the Community You Know13:36 Tracking Costs Like a Hawk on Lower-Margin Projects18:26 Why We’re Moving Back to Fixed Price22:33 Competing in a Small Market26:25 Avoiding “Building for Free” Jobs31:00 Deposits and Getting Paid Before Dirt Moves35:17 Customer Satisfaction with Younger Buyers40:16 Building for the Long Haul: 60+ Year Homes49:17 Value Engineering That Protects Your MarginFind Our Hosts: Reece BarnesMatt Calvano Podcast Produced By:Motif Media