Why 70% of Builders Have Their Profit and Loss Set Up Wrong

There's a critical difference between being a great builder and running a great construction company.  Most builders are working 60+ hours weekly yet struggle to break past mediocre margins. This is because running a successful building company requires an entirely different skillset AND mindset than being a great builder.  In this episode of The Builders Ladder Podcast, TPB growth advisor Josh shares what he's learned from analysing thousands of building company financials - along with guiding contractors through business transformation.  Tune in to discover: ✅ Why 70% of builders can't track their true margins (and how to fix this) ✅ The "golden ratios" profitable building companies hit (this is about gross profit, net profit, & overheads) ✅ Specific mindset shifts required to evolve from "busy builder" to strategic business owner ✅ How to stop wearing all the hats without sacrificing quality or control Plus, you’ll hear about what separates builders who achieve remarkable transformations from those who stay stuck working IN their business rather than ON it. Key moments: 00:01:10 Josh's background 00:05:30 Financial numbers 00:06:20 Golden ratios  00:08:40 Surrounding yourself success  00:11:50 Top 5% do this 00:13:30 Sports team vs a family  00:15:10 The "stop doing list" for builders 00:17:40 Working ON vs. IN your business  00:19:10 When to check numbers  - 👉👉Secure your seat at The 2025 Builders Growth Summit: https://www.builderssummit.co.nz/  - Our construction business coaching has helped 2,500+ building companies succeed. Subscribe to The Builder’s Ladder Podcast for weekly, actionable insights — tailored to help you grow a profitable construction business. Follow TPB for more: 👥 FB Group – https://www.facebook.com/groups/professionalbuilder  📸 Instagram – https://www.instagram.com/theprofessionalbuilder 🖥️ Get your business health audit + free resources (including website audit) here – https://www.theprofessionalbuilder.com  🚀 Head to https://tpb.tools/pod-call to book your FREE strategy session.📈 Resources For Builders – https://tpb.tools/resources https://www.facebook.com/groups/TPBmember: https://www.facebook.com/TheProfessionalBuilderSee omnystudio.com/listener for privacy information.