The Trap Keeping Contractors on the Jobsite

https://www.foundationacs.com I’m going to say something that might make a few contractors mad: Most of you don’t own a business. You own a job. In this episode, I tell the story of a contractor I’ll call Bob. He did incredible finish carpentry, had plenty of referrals, and was making decent money. But there was one major problem. Everything depended on him. He eventually found himself working around 80 hours a week because he believed nobody else could produce the same quality he could. That’s not freedom, and it’s not a scalable business. We’re talking about the difference between doing the work yourself and investing the time to teach someone else how to do it. Yes, training takes longer in the beginning. But that investment can eventually give you your time back and allow the business to grow beyond your own two hands. Get out of the truck. Teach your people what you know. Build the machine. Timestamps 00:00 You might not actually own a business 01:15 Meet "Bob" the finish carpenter 02:29 More employees created more work for Bob 03:06 Why Bob actually owned a job 03:37 The income ceiling he created 05:47 Working 80 hours a week 06:54 The difference between a job and a business 08:10 Why training employees is an investment 09:16 What happens when you stop doing everything yourself 10:10 Get out of the truck 11:27 Do you own a business or a job? Question for the comments: Be honest: do you currently own a business, or have you created a job for yourself?