Why Two Owners Need More Than 1.5x Work

11/12/2025 40 min
Why Two Owners Need More Than 1.5x Work

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Episode Synopsis

Tyler answers a listener's question about two belt-on GCs teaming up in a 50-50 partnership and trying to keep things simple while still making real money. He breaks down how to price owner labor, define roles, track time, and protect both your margins and your friendship when you run a tiny company with two owners. Show Notes:00:00 Two owners, tiny company 05:26 Ryan's email setup 08:00 One and a half myth 10:19 Where you make money 13:00 Self perform vs subs 15:00 Pros and cons of partners 17:20 Roles, risk, resentment 19:59 Tool belt vs business 25:01 Staying niche, lean overhead 29:29 Tracking time and overhead 34:25 Protecting the friendship 38:50 IBS tickets and outro   Video Version:https://youtu.be/6b0RrhcuXT0   Partners:  Andersen Windows Buildertrend Harnish Workwear  Use code H1025 and get 10% off their H-label gear NAHB International Builders' Show   The Modern Craftsman: linktr.ee/moderncraftsmanpodcast Find Our Hosts:  Nick Schiffer  Tyler Grace  Podcast Produced By: Motif Media