EPISODE · Jan 16, 2025 · 39 MIN
Why This Award-Winning Builder Only Takes 2 Projects At A Time (His Profit-Driven Approach Revealed) with Stephen Mallinger
from The Builders Ladder: Business Growth Strategies for Residential Construction Businesses · host The Professional Builder
Most builders take on every job they can get, yet struggle to make the profits they deserve. Stephen Mallinger does something different. He picks just 2-3 high-end projects at a time. As a result, he’s built a profitable building business - without the constant chaos. In today’s episode of The Builders Ladder, Stephen shares his proven approach to cost-plus contracts… Building lasting relationships with staff and subcontractors… And creating a business model that prioritizes excellence over volume - for long-term stability and profits. Key takeaways include: How to attract and win luxury projects (even if you're currently stuck in a low-margin market) The advantages of “trust & transparency” that has wealthy clients choosing YOU over your competitors Proven strategies to build a loyal team that stays for years (Stephen reveals how he's retained team members for over two decades) How to escape the "volume trap" and improve profits with just a handful of premium projects at a time Whether you're struggling with pricing, team management, or finding your market position - Stephen provides battle-tested insights for building a sustainable, profitable construction business that works for you. Not the other way around. Key moments: 00:00:30 From apprentice builder to running his own business at 2000:04:50 Building high-end projects & winning industry awards00:07:35 Approach to managing teams and ensuring quality00:14:35 Importance of contracts and transparent pricing00:21:10 Work-life balance and daily schedule00:24:20 Cost-plus model explained 00:31:35 Building and maintaining contractor relationships - 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/resourceshttps://www.facebook.com/groups/TPBmember: https://www.facebook.com/TheProfessionalBuilderSee omnystudio.com/listener for privacy information.
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Why This Award-Winning Builder Only Takes 2 Projects At A Time (His Profit-Driven Approach Revealed) with Stephen Mallinger
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