Forum Discussion
Spot on observation regarding trade habits, but $0 net profit is never a win in my book!
Too many contractors confuse "lifestyle perks"—like write-offs and a company truck—with real profit. If trade operators want to scale, step back from the daily grind, and build true generational wealth for their families, they need to pay themselves as a proper CEO and ensure the company retains a healthy net profit on top of that.
I completely agree. Revenue can look great on paper, but if there’s nothing left after paying yourself and covering the business expenses, you haven’t really built a profitable company. I think the real goal is creating a business that can run without you being involved in every job while still putting money back into the company and building long-term wealth.