I Was a Great Plumber But a Bad Business Owner (Until This) w/ Mike LoMonaco

👇 Take the Trade Traction Score Assessment and discover what to focus on next in your business: https://tradetraction.scoreapp.com Mike built a solid plumbing company almost entirely on hard work and grit, no business background, no formula, just figuring it out call by call. It worked, until it didn't. Here's what changed when he finally stopped trying to carry the whole thing himself. This conversation gets into how Mike went from framing to plumbing, why getting his wife pregnant was the push that finally got him to start his own company, and the years he spent wearing every hat in the business before realizing that wasn't sustainable. You'll hear how discovering Profit First reshaped the way he manages money, what changed the moment he stopped touching his savings account, and why he finally reached out for help after 14 years of doing it alone. Topics discussed: 00:00 - Meet Mike: a great plumber, but new to the business side 01:05 - Trading framing bags for pipe wrenches 02:00 - The pregnancy that pushed him to start his own company 04:17 - Wearing 20 hats and realizing he couldn't do it alone 09:41 - The stress that finally pushed him to get help 13:18 - Discovering Profit First and splitting one bank account into five 16:56 - The moment Mike stopped touching his savings 21:09 - Why you don't have to figure it all out alone Want more of this? Join the Trade Traction community on Skool, where Dennis and other plumbing contractors dig deeper into pricing, hiring, and building a profitable company: https://www.skool.com/tradetractionsk... Connect with Mike LoMonaco: LinkedIn:   / mike-lomonaco-68801a4b   Facebook:  / lomonacoplumbing   Instagram:   / lomonacoplumbing   Website: https://lomonacocoast.com/ Connect with Dennis: Linkedin: linkedin.com/in/dennis-hamon/ Instagram:   / dennistheapprentice   Facebook: https://www.facebook.com/profile.php?... Tiktok:   / dennistheapprentice   Spotify: https://open.spotify.com/show/3LAHQrt... Apple Podcast :https://podcasts.apple.com/es/podcast... This episode was produced by Podcast Boutique: https://www.podcastboutique.com