The Builders Ladder: Business Growth Strategies for Residential Construction BusinessesThe Builders Ladder: Business Growth Strategies for Residential Construction Businesses

Epi 185: Stop "Guessing" Labor Hours: How To Fix Massive Profit Leaks (With Martin & Helen)

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Marti sits down with Martin and Helen, a father-daughter team from NFL Construction in Auckland. Martin opens up about the brutal reality of a rapid growth phase where the business went from 3 to 20 staff, resulting in mistakes that cost "close to a million dollars."

They discuss the specific pricing disaster where a fixed-price project estimated at 8,000 hours blew out to 13,000 hours. Martin and Helen reveal how they stripped the business back to a lean contractor model to slash overheads, implemented rigorous back-costing systems, and now use physical "Lookbooks" to win high-end work without competing on price.

🕒 Timestamped Key Points

  • [01:31] From landscaping to commercial decking contracts
  • [03:00] Family dynamics: "Whatever doesn't involve a hammer, I do"
  • [11:11] The growth trap: Scaling to 20 staff and losing $1M
  • [14:40] The blowout: Allowing 8,000 hours for a 13,000-hour job
  • [16:29] Using WonderBuild for real-time back costing
  • [27:00] Losing a job by $80k to a builder who "starts Monday"
  • [27:40] Marketing pivot: Using "Lookbooks" to prove value
  • [30:51] Winning high-end work without price resistance
  • [33:28] Moving beyond "the accounts lady" label
  • [39:16] The goal: Hitting $10M turnover by 2029

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