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In this episode, focused on small business owners, Mark Mathia shares three practical strategies to increase net profit before year-end: maintain pricing by emphasizing high-margin products, boost customer lifetime value with targeted upsells, and time promotions to avoid competing during peak seasons. He discusses the compounding impact of consistent small decisions, emphasizes accountability, and offers clear guidance to help you end the year with stronger margins.
Think you know your firm's profit? Think again. In this episode, host Victoria Collier breaks down one of the most misunderstood parts of selling a law firm: the true meaning of profit. Victoria explains the critical differences between Net Profit, EBITDA, and SDE—and how each number tells a very different story about your law firm's financial health and value. Whether you're still growing your practice or preparing to sell, understanding these metrics can mean the difference between a fair price and leaving hundreds of thousands on the table. You'll learn • Why "profit" isn't a one-size-fits-all term • The big mistake law firm owners make when relying on their tax returns • How EBITDA and SDE reveal your firm's true earning power • What buyers are really looking for in your financials • How to use these numbers to increase your valuation and negotiation leverage Victoria Collier is a seasoned attorney, entrepreneur, and expert in law firm sales and valuations. With a background in law and accounting, including her prior military service and CPA training, she brings a unique perspective on the financial intricacies of business valuations. Victoria helps transform law firms into more valuable and sellable businesses, guiding attorneys through life after law. We want to hear from you! You can leave us a rating and review in Apple Podcasts. Click here and then scroll down the page to the rating and review section. You can also leave us a rating in Spotify by clicking here. Connect with Victoria Collier https://quidproquolaw.com/ Private Facebook Group https://www.facebook.com/groups/1284225722042602 LinkedIn https://www.linkedin.com/company/victoria-collier-coaching/
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Toyota Motor Corp. said Wednesday that it has revised up its consolidated net profit forecast for fiscal 2025 to 2.93 trillion yen from 2.66 trillion yen, on the back of robust hybrid vehicle sales in North America.
What do you do when you're bleeding cash as a business? Raise more money? Start letting people go? The real question is, do you even know you're bleeding money? Adam Callinan, Founder & CEO of Pentane, works with businesses each day to solve exactly these kind of financial problems. At BottleKeeper, a brand he started with his cousin that eventually sold to PE, Adam got really good at knowing his numbers and making the right decisions based on that knowledge. That's what lead to several million dollars in sales in the first 3 years with only 4 employees. The secret? Adam knew his Contribution Profit. Net Profit minus your Fixed Expenses gets you Contribution Profit and it's the key to knowing the revenue you need to generate, and at what cost to minimally hit break even. The problems occur when you don't know your numbers at all or you're unwilling to change things once you do know them. Grab a calculator and let's start cranking.The Longer Game (@thelongergame) is a podcast focused on leaning into the trends and advancements in retail so brands see a clearer path to success across ALL channels. We're looking at retail in a whole new way, looking to better understand the future of retail. It's Retail Reimagined. Sharing hope about the future. No one channel can a business sustain. Go omni-channel.Like what you're hearing? Subscribe to our channel and make sure to click or tap the bell so you get notified whenever new episodes drop.Want to learn more about The Longer Game? Head over to https://thelongergame.com to read show notes, watch more episodes, or contact us.Follow us on LinkedIn: https://linkedin.com/company/thelongergameFollow us on Instagram: https://instagram.com/thelongergameFollow us on Facebook: https://facebook.com/thelongergameAdam Callinan is the founder of Pentane, an advanced version of the system he used to earn more than $60M in profitable revenue with just 4 employees and 0 investors at his prior eCommerce company. Adam previously co-founded BottleKeeper, a bootstrapped eCommerce brand that achieved $8m in revenue in just its third year, with 0 employees. BottleKeeper later appeared on Shark Tank and was acquired in 2021 by Wind Point Partners/RTIC Outdoors, marking Adam's second exit. Adam lives in Montana, writes for INC, and hosts the Growth Mavericks podcast, in addition to being a husband, dad, and avid outdoorsman. You can find them at...Website: https://pentane.comFind them on LinkedIn: https://www.linkedin.com/in/adammcallinan/Find them on Instagram: https://www.instagram.com/adam_callinan/Find them on Facebook: /adam_callinanMichael Maher, the host, would love to connect with you. Reach out to him at…Email: michael@thinkcartology.comLinkedIn: https://linkedin.com/in/immichaelmaherThis podcast is sponsored by Cartology and Podcastify Me.Cartology is a customized done-for-you service agency that helps brands accelerate growth and get profitable on the Amazon marketplace. They work directly with brands to create strategy and then go right out and execute it. Want to find out more?Website: https://thinkcartology.comFind Cartology on LinkedIn: https://linkedin.com/company/cartologyFind Cartology on Instagram: https://instagram.com/thinkcartologyFind Cartology on Facebook: https://facebook.com/thinkcartologyPodcastify Me is designed to help coaches of all kinds enter the podcasting space with minimal lift for them. And, inviting past, current and future clients to your show as part of your marketing and sales process sets you apart from your competition, in a time where podcasting is really gaining popularity.Website: https://podcastify.meFind Podcastify Me on LinkedIn: https://www.linkedin.com/company/podcastify-me/
Find me on Instagram.@Tej.Talks.DM me, MASTERMIND. Hosted on Acast. See acast.com/privacy for more information.
- Ford's Q3 Net Profit Soars 174% - Ford Avoids $2.5 Billion In ZEV Credit Purchases - UAW To Hold VW Strike Authorization Vote - Tavares Says Musk Could Walk Away from Auto Industry - U.S. Mines Enough Critical Minerals and Rare Earths to End Imports - Rivian Cuts 600 Jobs - Rivian Pays $250 Million To Settle IPO Lawsuit - Sunwoda Unveils 1,000-Km Solid-State Battery - Porsche Details Cayenne Electric's High-Voltage System
- Ford's Q3 Net Profit Soars 174% - Ford Avoids $2.5 Billion In ZEV Credit Purchases - UAW To Hold VW Strike Authorization Vote - Tavares Says Musk Could Walk Away from Auto Industry - U.S. Mines Enough Critical Minerals and Rare Earths to End Imports - Rivian Cuts 600 Jobs - Rivian Pays $250 Million To Settle IPO Lawsuit - Sunwoda Unveils 1,000-Km Solid-State Battery - Porsche Details Cayenne Electric's High-Voltage System
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Is "how much should I pay my team?" the question that keeps you up at night? Let's dive into the taboo topic of pay structures, breaking down the pros and cons of salary-only, commission-only, and hybrid models. Underpaying your sales team is a fatal mistake. So to avoid creating a civil war between sales and production, and create and maintain your company culture, you should start with your compensation plan. Whether you're dealing with seasoned pros or hungry rookies, this episode will provide a practical framework for building a pay structure that attracts top talent and drives growth.
Our largest company has been seeing profits surge, despite a period of contraction in the economy as a whole. Fonterra's confirmed a 13% rise in annual operating profit. Its final farmgate milk payout to farmers has reached a new record high of $10.16 and its cash return to shareholders is up 30.6%. Fonterra Chair Peter McBride told Mike Hosking we need dairy to do well for the country to do well. He says dairy is a critical part of the New Zealand economy, and the Government can't grow the economy without growing dairy. LISTEN ABOVE See omnystudio.com/listener for privacy information.
This episode is an eye-opening case study where Jaryd Krause sits down with AJ, a Buying Online Businesses graduate who made the leap from running a large IT team at a global bank to building an online business portfolio. AJ shares how he went from launching a failing startup to successfully acquiring a $50,000 media and membership business that now generates $2,000 net profit per month—all within just six months. Inside this conversation, you’ll know: ✔️ Why AJ abandoned the startup path in favor of buying an existing business✔️ The exact business model he chose—and why it stood out among the rest✔️ How he saved money on the acquisition price (including what multiple he actually paid)✔️ The due diligence steps he took to minimize risk before signing the deal✔️ The hardest part of buying a business (his answer may surprise you)✔️ His best advice for first-time buyers—and what’s next as he builds his portfolio Packed with lessons from someone who’s navigated the challenges and emerged profitable, this episode is a must-listen whether you’re planning your first business acquisition or aiming to master your due diligence process
Derek Moore and Shane Skinner talk about the rally in gold no one seems to care about and the gold oil ratio. Then, they go through the indicators used to determine recessions and note they don't seem that bad, although nonfarm payrolls did disappoint. But private sector jobs are growing while the government jobs are falling, so are fed cuts greenlit? Later, looking at S&P 500 net income margin percentage average per decade. Yup, they've been rising each decade. Finally, looking at forward PE ratios against forward EPS and how some stocks like Broadcom got cheaper after last earnings. All this and much more! Next companies that are likely to join the S&P 500 Index Employment rate and non-farm payrolls Government vs Private Sector jobs Gold Oil ratio and what it means at these levels The rally in Gold over the past couple of years Central Banks buying gold AVGO Broadcom earnings and forward PE ratio and forward EPS estimates Recession indicators S&P 500 Index net profit margins by decade (they are rising) Why margins may not revert to the mean Fed rate cut probabilities jump after employment report Mentioned in this Episode Derek Moore's book Broken Pie Chart https://amzn.to/3S8ADNT Jay Pestrichelli's book Buy and Hedge https://amzn.to/3jQYgMt Derek's book on public speaking Effortless Public Speaking https://amzn.to/3hL1Mag Contact Derek derek.moore@zegainvestments.com
Rich Harshaw talks with Tim Brown Jr. of RGS Exteriors, discussing the strategic makeover that elevated net profit from 5% to 15% in just three years. They unpack actionable tactics, mindset shifts, and operational strategies tailored for remodeling pros aiming for sustainable, high-margin growth.
One of the country's major electricity companies is defending their increased profits amid rising energy prices. Contact Energy's full year net profit is up 41%, with revenue up 20%. Their underlying profit also climbed 17%, bolstered by a strong lift in geothermal generation as well as improved sales and customer numbers. CEO Mike Fuge told Mike Hosking the profits are the result of their investment in major projects that benefit the country, such as geothermal. He says they're actually investing more than what they earned in profit last year. LISTEN ABOVE See omnystudio.com/listener for privacy information.
One of the country's major electricity companies is defending their increased profits amid rising energy prices. Contact Energy's full year net profit is up 41%, with revenue up 20%. Their underlying profit also climbed 17%, bolstered by a strong lift in geothermal generation as well as improved sales and customer numbers. CEO Mike Fuge told Mike Hosking the profits are the result of their investment in major projects that benefit the country, such as geothermal. He says they're actually investing more than what they earned in profit last year. LISTEN ABOVE See omnystudio.com/listener for privacy information.
In the first of the results from the big power retailers, Contact Energy's full year net profit is up 41 percent to more 331-million dollars.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Singapore shares rose today amid a positive day in Asia. The Straits Times Index was up 0.94% at 4,260.31 points at 3.08pm Singapore time, with a value turnover of S$1.29B seen in the broader market. In terms of counters to watch for today, we have Singtel, after the telco giant said in its business update today that its Q1 net profit soared 317.4 per cent to S$2.9 billion from S$690 million in the year-ago period. Elsewhere, from how investors are reacting to an in-line US inflation reading to how Indian Prime Minister Narendra Modi is likely to meet US President Donald Trump during a visit to the US next month – more international headlines remained in focus. Also on deck, earnings out of City Developments Limited and Yangzijiang Financial. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Kenneth Goh, Director, Private Wealth Management, UOB Kay Hian.See omnystudio.com/listener for privacy information.
Rich Harshaw from Level 10 Contractor Talks with Tim Brown Jr. from RGS Exteriors in Utah.
£400K Months Are Built on Discipline, Not Hustle I didn't get to a £400K net profit month by grinding 16 hours a day. I got there by mastering a cash-first model, cleaning up my team, and doubling down on demand that was already in front of me. Business is about behavior: how you plan, how you collect cash, how you lead. Get that right, and your business funds the life you actually want to live.EXPANSION will show you how to build a personal brand to radically increase positioning, demand and sales.One room. One day. One decision to think bigger.September 5th.Get your ticket: https://phil-graham.com/#expansion
25 Jul 2025. We speak to CEO Fahad Al Hassawi about what’s driving growth. Plus, with bank earnings rolling in, what do they reveal about the health of the UAE economy? A veteran market watcher. Mohammed Ali Yasin gives his read. And in the 2025 Wealth Report, Abu Dhabi and Dubai take the top two spots - what does that say about the region’s global standing? We speak to the author of the report, Nirbhay Handa.See omnystudio.com/listener for privacy information.
In today's Tech3 from Moneycontrol, the Delhi High Court halts five Kuku FM shows after a copyright complaint from Pocket FM. India's top brokerages see a dip in active users despite a bullish market. TCS beats profit estimates in Q1, but revenue falls short. We decode why fintechs are betting big on Model Context Protocol. Plus, Zomato CEO Deepinder Goyal buys a luxury apartment at The Camellias in Gurugram for Rs 52.3 crore. Tune in for your daily startup and tech news fix!
Transport heavyweight Mainfreight has posted a solid full-year financial result, but international economic uncertainty is causing concerns. Annual net profit was up nearly a third on the previous year - to $274.3 million compared to $208.7 million. Mainfreight General Manager Don Braid says the company's focused on business and what that means for customers around the world. "We'll do whatever we can to keep the supply chains open for them." LISTEN ABOVESee omnystudio.com/listener for privacy information.
- U.S. Revises Autonomous Tech Rules - Waymo May Sell Robotaxis For Personal Ownership - Akio Toyoda Wants to Buy Toyota Supplier - BYD's Net Profit Soars 100% In Q1 - Stellantis and Factorial Hit Solid-State Battery Milestone - Volvo Kicks Off EX30 Production in Belgium - Slate Auto Unveils Low-Cost Electric Pickup - Autoline Yoke-Steering Wheel Poll
- U.S. Revises Autonomous Tech Rules - Waymo May Sell Robotaxis For Personal Ownership - Akio Toyoda Wants to Buy Toyota Supplier - BYD's Net Profit Soars 100% In Q1 - Stellantis and Factorial Hit Solid-State Battery Milestone - Volvo Kicks Off EX30 Production in Belgium - Slate Auto Unveils Low-Cost Electric Pickup - Autoline Yoke-Steering Wheel Poll
- Tesla's Q1 Net Profit Slumps 71% - Auto Groups Ask Trump for Tariff Relief - Xiaomi Delays Launch of YU7 SUV - California Dealers Sue VW and Scout Over Direct Sales - BYD Resets Strategy in Europe - Nissan Reveals 1st Electrified Pickup - Honda Unveils Two EV Models in Shanghai - Lexus Reveals All-New ES Sedan
- Tesla's Q1 Net Profit Slumps 71% - Auto Groups Ask Trump for Tariff Relief - Xiaomi Delays Launch of YU7 SUV - California Dealers Sue VW and Scout Over Direct Sales - BYD Resets Strategy in Europe - Nissan Reveals 1st Electrified Pickup - Honda Unveils Two EV Models in Shanghai - Lexus Reveals All-New ES Sedan
In today's episode of Tech3 from Moneycontrol, we bring you exclusive updates from the Rising Bharat Summit 2025—featuring key voices from government and startups. We break down the newly notified PLI scheme for component manufacturing, GitHub's massive developer growth in India, and Oxyzo's financials. Plus, we spotlight Lahori Zeera's big plans and The ePlane Company's flying taxi prototype. All that and more.
In this episode of Remodelers On The Rise, we break down the four key financial metrics every remodeler must track to stay profitable. From understanding your gross profit to making strategic decisions for long-term success, we'll show you how running your business by the numbers—not just gut instinct—can transform your bottom line. Plus, we'll discuss how peer groups and coaching can help you stay accountable and on track. Tune in and take control of your numbers today! ----- The Remodelers VIP Club is designed to help you strengthen the 6 Main Systems of your remodeling business in a step-by-step way through our Remodelers Roadmap. You'll have access to a treasure trove of short pre-recorded training to help you immediately address the weak points of your business. Learn more and sign-up here! ----- Explore the vast array of tools, training courses, a podcast, and a supportive community of over 2,000 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights! ----- Takeaways Understanding your numbers is crucial for business success. Clear job costing helps identify expected vs. actual costs. Overhead expenses must be accurately tracked to avoid profit loss. Aim for a healthy net profit margin to sustain your business. Set a goal for total gross profit dollars needed each year. Regularly analyze job costs to identify areas for improvement. Know the difference between overhead and cost of goods sold. A healthy net profit allows for reinvestment in the business. Value perception plays a significant role in pricing. Continuous learning and accountability are key to success. ----- Chapters 00:00 Introduction to Key Numbers for Remodelers 06:21 Understanding Job Costing 16:39 Overhead Expenses Explained 19:51 The Importance of Net Profit 30:17 Total Gross Profit Dollars Needed
Talk or type with our new Team Bot: https://realestateteamos.com/botTop-line revenue growth of a real estate team is great. But driving that growth while preserving your gross profit margin and net profit margin is even better.In this conversation, Anthwon Thomas shares his numbers along with the story of starting and growing Silver Lining Real Estate Group brokered by Real in Lafayette, Indiana.Learn the key elements to preserving profit as you grow, including clarity on your operating model and equity in commission splits. Hear which roles they hired and in what order. Get their three-stage process for bringing great-fit people onto the team. Watch or listen to this conversation with Anthwon Thomas for insights into: - Exemplifying the values and principles of the team as a leader and as a leadership team- Dropping out of a pre-law university path and becoming a real estate agent- When and why he started a team with someone who's still a member today (and the “scary” part of the process)- Which staff and agents they hired and in what order- Growing production 50% with a new CRM, a database manager, and more accountability- Their main lead sources and their monthly ad spend- How onboarding and training have evolved over the past 7 years- Why he abandoned the idea of a NAVY Seal team in favor of recruiting more agents- The three minimum standards required from every agent on the team (20, 20, and Tuesday)- Details of their three-stage process to find people who fit their operating model (group call, one-way video interview, one-on-one meeting)- Why a 60% gross profit margin and 25% net profit margin are their goals- Why the key to preserving profit margin is managing your cost of sale / commission split- Why he started the High Value Agent podcastAt the end, learn about Team Thomas masterminds, G-Wagon anxiety, and the benefits of writing. Episode Mentions:- Episode 022 with Matt Smith https://www.realestateteamos.com/episode/real-estate-team-leader-leadership-lessons-matt-smith- FUBCON Session with Jon Cheplak https://www.realestateteamos.com/episode/jon-cheplak-real-estate-teams-traditional-brokerages- Episode 009 with Daniel Dixon https://www.realestateteamos.com/episode/daniel-dixon-lighthouse-real-estate-agentsAnthwon Thomas:- https://www.instagram.com/anthwonthomas/- https://www.facebook.com/AnthwonThomas/High Value Agent:- https://www.instagram.com/highvalueagent/- https://www.facebook.com/groups/858436428634711- https://highvalueagent.com/hva/Silver Lining Real Estate Group:- https://www.slreg.com/about/- https://www.instagram.com/_slreg_/- https://www.facebook.com/SLREG/Book Recommendation:- The Power of a Positive Team by John GordonReal Estate Team OS:- https://www.realestateteamos.com- https://linktr.ee/realestateteamos- https://www.instagram.com/realestateteamos/ Talk or type with our new Team Bot: https://realestateteamos.com/bot
Episode 363: EARLY Release Winter Superdrop 2025 Secret Lair... Is It Worth It?
Are you leaving money on the table, or are you overspending on marketing efforts that aren't giving ROI? You won't know unless you track these seven key metrics. In this episode, I break down the essential numbers every service-based business owner needs to monitor to scale smarter—covering everything from sales conversion rates to cash flow. I'll also share how my background in data reporting transformed my approach to growth strategies and why my clients are seeing major shifts by keeping a close eye on these numbers. Stay tuned to learn how to make data-driven decisions that fuel sustainable success!
Welcome to the Real Estate Investing School Podcast! Have you ever heard of someone making $150,000 on a single deal and thought, “How do they do that?” Well, this episode is all about breaking down exactly how it's done. We're sitting down with Cameron, a real estate pro who's made millions in just a few years. He's sharing the story of his six-figure deal, along with the strategies, mindset shifts, and key moves that got him there. You'll learn how he started, the steps he took to scale, and how he's setting himself up for even bigger wins in the future. If you've been thinking about getting into real estate but aren't sure where to start, this episode is for you. Check out the Real Estate Investing School Youtube Real Estate Investing School Instagram Brody's Instagram Joe's Instagram Cameron's Instagram
In this episode, Ron Apke sits down with Gabe Corrales, a dynamic land investor crushing it in the industry with a diverse range of deals. Gabe shares his incredible journey, starting with 20 years in the Airforce, where he followed in his pilot father's footsteps. From pursuing a surfing career to becoming a commercial airline pilot, Gabe's story is as inspiring as it is unique. Discover how Gabe transitioned into land investing part-time, balancing his airline job with flipping properties just 1-2 weeks each month. Learn about his first deals, including a $24,000 profit on his first transaction and an impressive $15,000 survey hacking deal. Gabe's 18-month journey boasts 40 deals, over $100,000 netted in 2024, and projections of $250k-$300k for 2025. Ron and Gabe dive into deal funding, the Certified Investor Program, and Gabe's favorite networking hacks—like finding partners at his kids' birthday parties! If you're curious about starting in land investing or want tips to level up, this episode is packed with actionable advice and motivation. ================================ WANT TO GET STARTED? https://landinvestingonline.com/starter-guide-phone/ ================================ SOCIAL Ron's Instagram
Most restaurants don't fail—they just get stuck. They struggle with slim margins, unpredictable cash flow, and the constant grind of staying afloat. But what if there was a way to break the cycle? In this episode, we reveal the overlooked strategies that separate struggling restaurants from thriving ones. Whether you're ready to scale or just need more breathing room, this conversation is for you.Visit www.joshkopel.com today to get free access to the upcoming 5 Day Restaurant Profitability Challenge: 5 Days to a 15% Net Profit.
Melanie Johnson co-owner of Elite Online Publishing, interviews Michael Barbarita, an esteemed business expert known for transforming companies and crafting dynamic sales strategies. Learn the mechanics of the "conversion formula"—a powerful four-step strategy designed to captivate and convert prospects into loyal customers. Learn More: https://www.nextstepcfo.net/
What does it take to transform a modest family plumbing business into a multi-million dollar powerhouse? In this episode of The Successful Contractor, Bob Houchin sits down with siblings Grace, Noah, and Levi Dean of Dean's Plumbing in Beaverton, OH, to unpack their incredible journey. From growing up in a household of ten siblings and homeschooling to taking over their parents' basement-run business, the Deans share the challenges and triumphs of scaling to $4.5MM with 25% net profit.Discover how they implemented new software, leveraged StraightForward Pricing, and brought structure to chaos—all while navigating the dynamics of working with family. Highlights include Grace's insights on QuickBooks, Noah's inventory solutions, and Levi's unique approach to recruitment. Watch this episode for practical tips, heartfelt stories, and valuable takeaways for every home service professional. Subscribe nowShow NotesThe Successful Contractor Podcast is a part of the CertainPath family. CertainPath builds successful home service businesses—and has for 25 years. We do it by providing contractors with a proven path to success, professional coaching, software solutions, and a member community of 1,100+ strong. Doubling your sales, with a 20% net profit, and an inspiring company culture is ALL possible. Let us show you the way. With CertainPath, Success is Made Certain. Visit www.mycertainpath.com for more information.FOLLOW CERTAINPATH: Facebook: https://www.facebook.com/CertainPath Linkedin: https://www.linkedin.com/company/certainpath Instagram: https://www.instagram.com/certainpath/
HVAC Masters Of The Hustle would like to Welcome 2025 in with a Special guest in the Hot Seat Leland Smith. On this episode Leland talks about the importance on building your team also understanding the importance of daily meeting and huddles. This episode will DIVE DEEP on understanding your numbers and the proper breakdown for the best outcome for NET PROFIT! The Rev isnt the important this as much as its the Money you're keeping. This Podcast episode will def have you kicking yourself for working harder in 2024 and not smarter! SHARE this Podcast to someone you know thats ready to DOMINATE 2025 with a MISSION! SHARE
Join us in this episode as we chat with Travis King, a land flipping expert! Travis shares his journey from flipping houses to flipping land and explains why land is a great investment. He tells us how he started small and grew his business to over 500 land deals. Travis also gives us a sneak peek into his new book, "The Land Investor's Playbook," and shares tips on how to find and buy land. Tune in to learn from Travis's experiences and discover the exciting world of land flipping! ================================== Want to grow your real estate investing business and portfolio? You're in the right place. Welcome to the Property Profits Real Estate Podcast
In this episode of the Million Dollar Landscaper Podcast, host Scott Molchan reflects on Thanksgiving and dives into one of the most important—and often overlooked—aspects of running a landscaping business: making sure your pricing includes your paycheck. Scott shares why Gross Profit alone isn't enough to measure your success and explains how overlooking Net Profit—and failing to pay yourself a livable wage—can leave your business struggling to grow. Using real-world examples, he uncovers the common mistakes landscapers make when reviewing their Profit & Loss statements and why it's critical to account for all overhead costs, including your own paycheck. But this episode isn't just about identifying the problems—it's about finding solutions. Scott introduces the Cash Flow & Grow program, a comprehensive system designed to help landscapers calculate their true costs, price jobs for profit, and ensure they're paying themselves a livable wage.
In this episode of the Million Dollar Landscaper Podcast, host Scott Molchan dives into one of the most common yet misunderstood challenges landscapers face: why hard work and solid Gross Profit margins aren't translating into a healthy bank account. Scott shares a recent conversation with a client whose Gross Profit margin sat at a respectable 47%, but with a Net Profit of just 2%, they were on the brink of financial trouble. Through this real-world example, Scott unpacks the dangerous myth that focusing only on Gross Profit is enough to run a profitable business and explains why ignoring Net Profit and overhead costs can leave you scrambling year after year. This episode goes beyond just identifying the problem—it's about offering solutions. Scott introduces the Landscaping Pricing Calculator, a tool designed to help landscapers factor in all their costs and price their work for profitability. With built-in group coaching, this resource ensures you're not just guessing at your numbers but truly understanding them. Tune in as Scott breaks down the importance of reviewing your Profit & Loss statement monthly, shares practical tips for addressing common overhead issues, and offers guidance on how to hit Net Profit goals of 10-15% or more. Plus, get a sneak peek at the upcoming Black Friday sale, where you can grab the Landscaping Pricing Calculator at a special price. If you're tired of spinning your wheels and ready to take control of your numbers, this episode is packed with actionable insights to help you finish the year strong and set your business up for long-term success!
Today's guest, Christian Somaza, a dedicated wholesaler from Fort Lauderdale, Florida, landed a staggering $69,000 in profit with a single deal – and he's here to share how he did it. Christian takes us through his real estate journey, from his humble beginnings to the strategies that led him to this massive payday. If you're ready to unlock your next big win in real estate be sure to join Brent's TTP training program. ---------Show notes:(0:55) Beginning of today's episode(7:42) Why did Christian choose real estate?(12:35) How does he organize his leads?(20:01) How was he able to pull his list? (22:56) The four pillars of prequalification(25:55) A $69K deal breakdown----------Resources:MLS Mojo DialerTTP DataBatch Skip TracingFollow Chris on Instagram hereTo speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the TribeGo to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space. Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.It's 100% free to join. The opportunities in this community are endless, what are you waiting for?