Construction Business | Avoid Growth Traps That Erode Profitability | Nick Schiffer & Tyler Grace

05/05/2025 1h 21min Episodio 360
Construction Business | Avoid Growth Traps That Erode Profitability | Nick Schiffer & Tyler Grace

Listen "Construction Business | Avoid Growth Traps That Erode Profitability | Nick Schiffer & Tyler Grace"

Episode Synopsis

Nick and Tyler talk about what it really costs to grow a business—and why scaling back might be the smartest move you can make. They unpack the illusion that more work equals more success, the hidden costs of chasing bigger numbers, and how to build a company that actually works for you, not just your spreadsheet. From forecasting cash flow to facing the uncomfortable truths behind low-margin projects, this episode is a must-listen for anyone feeling the pressure to grow without a plan. Whether you're doing $1M or $10M a year, the real question is: are you making it work, or is it working you?   Show Notes:  Modern Craftsman Podcast Introduction and Sponsor Acknowledgements (0:00) Personal Experiences with Real Estate and Housing Market (8:21) Comparing Home Building to Custom Car Building (18:07) Scaling Business and Managing Growth (30:05) Employee Management and Career Development (36:12) Balancing Business Goals and Personal Life (59:24) Dad's Active Lifestyle and Its Impact (1:01:58) Business Vision and Scaling Plan (1:15:57) Promoting the Newsletter and Behind-the-Scenes Content (1:17:46) Nick's Vulnerability and Reader Engagement (1:19:47) VIdeo Version https://youtu.be/2QyINuxS-9U   Partners:  Andersen Windows Buildertrend Velux Harnish Workwear  Use code H1025 and get 10% off their H-label gear   The Modern Craftsman: linktr.ee/moderncraftsmanpodcast Find Our Hosts:  Nick Schiffer  Tyler Grace  Podcast Produced By: Motif Media