TCF958: He has 22 Open Jobs, and His Project Manager Quit on Him | Contractor Intervention

The Contractor Fight with Tom Reber

His project manager walked off the job, 22 open jobs waiting to be completed, negative net profit, unhappy clients, and a team that’s been reduced after the PM quit on him — Matt, a third-generation contractor from Massachusetts, is facing some major business challenges. Tom sits down with Matt to find a way out of this tough situation.

Episode Highlights:

[00:00] - Intro

[00:19] - Matt’s background and business overview

[00:38] - The project manager walked off the job

[03:40] - Strategy to tackle these challenges

[06:20] - Communicate with clients, even when the news isn’t good

[07:20] - Focus on finishing one project at a time to avoid profit leaks

[11:03] - Managing the remaining team after some crews left

[14:32] - Tom’s experience with a similar situation

[17:04] - Reverse engineering projects and setting daily milestones

[18:55] - $1.5 million in pending projects

[19:34] - How the situation is affecting both his business and home life

[22:48] - Leadership shortcomings that led to this situation

[24:12] - The importance of hands-on leadership and accountability

[26:40] - Non-negotiable commitments Matt must make

[31:15] - Focusing on man hours and targets

[32:50] - Tom’s 20 steps to a successful project

[35:14] - Impact of his current business on sales

[41:31] - Training the team to solve problems independently

[44:11] - Matt’s plans to hire a new project manager

[47:07] - Biggest takeaways from the conversation

[49:40] - Closing remarks

Resources:

💰 You didn’t become a contractor to struggle financially. Download our worksheet and start calculating a 50% gross profit on every job. It’s time to get your shit together! https://thecontractorfight.com/50/

💸 Grab your copy of our FREE Contractors Guide to Spotting Cheap Prospects here: https://thecontractorfight.com/cheap

== Join us in BATTLEGROUND ==

Everything your contracting business needs in one comprehensive program with three main focus areas: Leadership, Communication, and Numbers. For more info, check out: https://TheContractorFight.com/Battleground

== Get your questions answered and connect with other contractors building stronger businesses in The Contractor Fight: https://thecontractorfight.com/facebook

== Grab the Gear ==

https://gear.thecontractorfight.com/

== Find Us on Social Media ==

YouTube: https://www.youtube.com/c/TomReber

Instagram: https://thecontractorfight.com/ig

== Rate the Podcast ==

Help your fellow contractors find the podcast! Please leave a rating/review!

Apple Podcasts

Spotify