Michael Day of Elite Contracting Services explains how he runs a highly profitable custom home building company with a lean team of five. By acting as a paper contractor and subcontracting all labor and estimating, he drastically reduces his financial risk and overhead.

Michael breaks down his exact cost-plus pricing strategy, showing how line-itemizing project management labor before adding a 13.5 percent markup protects his margins. He also shares how a surprise three-week jury duty stint forced him to systemize his daily tasks , how he uses a one percent referral program to win custom builds , and his ultimate exit plan to transition the company into an Employee Stock Ownership Plan.

Links & Promotions:
1 percent referral program: https://info.theprofessionalbuilder.com
Quality control checklists: https://info.theprofessionalbuilder.com
The Profit Builder's Playbook: https://profitablebuilderbook.com

🕒 Timestamped Key Points
00:00 Taking over a failed luxury estate build
02:00 Managing high risk architectural features and site utilities
05:00 Why operating as a paper contractor reduces overhead
08:00 Structuring cost plus contracts to hit twenty five percent margins
10:00 Outsourcing estimating to remote workers
14:00 Using drones for high level site quality control inspections
29:00 How three weeks of jury duty exposed operational bottlenecks
29:56 Transitioning your building company to an employee owned model
34:21 Using a one percent referral program to win custom jobs

***

The Professional Builder has helped over 3,100+ building companies around the world get more Profit, more Time and Succeed in Selling their Business.

https://tinyurl.com/tpb-yt

Subscribe to our channel for weekly, actionable insights. Tailored to help you grow a profitable construction business.

Want to Join our coaching program? Or just speak to one of our team to see if it's the right fit for you? Hit the link below. Everything you need is there!

https://tinyurl.com/tpb-yt

Michael Day of Elite Contracting Services explains how he runs a highly profitable custom home building company with a lean team of five. By acting as a paper contractor and subcontracting all labor and estimating, he drastically reduces his financial risk and overhead.
Michael breaks down his exact cost-plus pricing strategy, showing how line-itemizing project management labor before adding a 13.5 percent markup protects his margins. He also shares how a surprise three-week jury duty stint forced him to systemize his daily tasks , how he uses a one percent referral program to win custom builds , and his ultimate exit plan to transition the company into an Employee Stock Ownership Plan.
Links &amp; Promotions:
<ul>
<li>1 percent referral program: <a href="https://info.theprofessionalbuilder.com">https://info.theprofessionalbuilder.com</a></li>
<li>Quality control checklists: <a href="https://info.theprofessionalbuilder.com">https://info.theprofessionalbuilder.com</a></li>
<li>The Profit Builder's Playbook: <a href="https://profitablebuilderbook.com">https://profitablebuilderbook.com</a></li>
</ul>
🕒 Timestamped Key Points 00:00 Taking over a failed luxury estate build 02:00 Managing high risk architectural features and site utilities 05:00 Why operating as a paper contractor reduces overhead 08:00 Structuring cost plus contracts to hit twenty five percent margins 10:00 Outsourcing estimating to remote workers 14:00 Using drones for high level site quality control inspections 29:00 How three weeks of jury duty exposed operational bottlenecks 29:56 Transitioning your building company to an employee owned model 34:21 Using a one percent referral program to win custom jobs ***
The Professional Builder has helped over 3,100+ building companies around the world get more Profit, more Time and Succeed in Selling their Business.
<a href="https://tinyurl.com/tpb-yt">https://tinyurl.com/tpb-yt</a>
Subscribe to our channel for weekly, actionable insights. Tailored to help you grow a profitable construction business.
Want to Join our coaching program? Or just speak to one of our team to see if it's the right fit for you? Hit the link below. Everything you need is there!
<a href="https://tinyurl.com/tpb-yt">https://tinyurl.com/tpb-yt</a>

Welcome to The Builders Ladder, for residential builders and construction business owners who want to fast-track their results, scale their construction company, and create a systemized, profitable construction business.

If you’re ready to free up your time, increase profit, and build a high-performing team, you’re in the right place.

Your host, Marti Amos, has worked with over 5,000 building companies globally over the last 19+ years through builder coaching and proven business systems. His mission? To help you climb the builder’s ladder and run a predictable, high-margin construction business.

Tune in to hear from industry experts and discover step-by-step strategies to become a strategic building business owner - and ultimately, achieve true wealth, time freedom, and financial freedom through your residential construction business.

Welcome to The Builders Ladder, for residential builders and construction business owners who want to fast-track their results, scale their construction company, and create a systemized, profitable construction business.
If you&rsquo;re ready to free up your time, increase profit, and build a high-performing team, you&rsquo;re in the right place.
Your host, Marti Amos, has worked with over 5,000 building companies globally over the last 19+ years through builder coaching and proven business systems. His mission? To help you climb the builder&rsquo;s ladder and run a predictable, high-margin construction business.
Tune in to hear from industry experts and discover step-by-step strategies to become a strategic building business owner - and ultimately, achieve true wealth, time freedom, and financial freedom through your residential construction business.