114: The Real Reason Contractors Don’t Make Money (And What to Do About It)

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In this episode, Steve breaks down the not-so-obvious reasons why most construction businesses are working hard… but barely breaking even. He shares the top three mistakes that kill margins, the truth about economic vs. accounting profit, and why thinking you have a competitive advantage doesn’t mean you actually do.

If you've ever looked at your numbers and thought, “We’re busy—so why aren’t we making more money?” — this is your episode. Steve walks you through a simple step to see how you stack up against industry benchmarks and what to do if you’re falling behind. No fluff. No jargon. Just real talk about what’s draining your profits and how to start fixing it.

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