TPM Podcast Episode 11 - You Won The Bid...And Lost Your Shirt

Episode 11 – Broken Bids: Why Winning the Job Can Still Cost You Moneywith T2 & Tommy P You didn’t start a business to win work and lose money. But if you’re still bidding from the gut or trimming margin “just to stay competitive,” you're walking straight into a profit trap. In this episode, T2 and Tommy P pull the curtain back on one of the most common ways contractors bleed cash: broken bids. What you'll learn: The 5 signs of a broken bid (and how to catch them before it’s too late) The right way to price work—with real data, not wishful thinking How to use TPM tools to tighten your estimating process and protect your margin What to stop doing if your bids are consistently off (hint: hoping is not a strategy) TPM Challenge of the Week:Review your last 3 jobs. Compare your estimated vs. actual labor and materials. Find the delta. Fix your template. Stop the bleed. Get weekly Profit Tips: https://8b3e-tom.systeme.io/bb790116 Learn more: www.tpmllc.us Sponsored by Performance Margin — the software that turns guessing into knowing and makes every bid a profit-building weapon. Chapters (00:00:00) - How to Win a Job(00:00:33) - What is a Broken Bid?(00:03:21) - Profit Leaks(00:05:41) - Performance Margin Software(00:06:59) - All Right. It's Over