These 3 Things are KILLING Your Plumbing Business!

Рет қаралды 4,234

Жыл бұрын

Scary statistic: The majority of all plumbing businesses fail and many of the ones that don't are operating paycheck to paycheck. If your plumbing business is going down the toilet, it’s possible you’re making one, two, or all three of these classic mistakes. In this episode, Richard and Laura give us practical advice that helps systemize, stylize, and monetize our plumbing business.
Thanks for catching Potty Talk, THE show for plumbing business owners. Richard started his plumbing business from his kitchen table with no money and no idea how to do the "business" of plumbing. Through a lot of trial and error, he grew it into a multi-truck, multi-million dollar plumbing business and wants to help you do the same!
🔸 FREE Million Dollar Plumber Blueprint to learn how to build a secure and profitable plumbing business to make more money and live a life you love. themdplumber.com/blueprint
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Пікірлер: 33

@chrismartin500 Жыл бұрын

I have been a union plumber for the past 25 years and I retired from my local on December 31 and have opened my own shop. This information is priceless. Thank you for all of this.

@MillionDollarPro Жыл бұрын

That is awesome!

@ryan_1475 Жыл бұрын

Free. My brother just got his plumbing contractor license I’ve been with him for 2 years now helping him just looking to take the next steps in the plumbing world.

@MillionDollarPro Жыл бұрын

Hey Ryan, thanks for catching the show. Click the link below to grab my FREE Blueprint: www.plumbingbusinesssuccess.com/blueprint1

@ParadisePlumbing 21 күн бұрын

Great stuff here💪

@ryanmanson8656 5 ай бұрын

Always love listening to MDP!

@MillionDollarPro 5 ай бұрын

Thanks for catching the show!

@trailhiker8063 3 ай бұрын

Yes, get paid that day. I do not send invoices and wait 30 days. I make it clear to customers payment is due upon completion of job. I don't do any work for sub contractors, or contractors, or attorney's. Contractors will spin your wheels, lie to you, make you wait months to get paid. If it's a property management, i let them know payment is due when i am done. A lot of the big operations have the dispatch person who takes the call for the repsir, get a credit card number, and put a reserve charge on it to make sure the card works. I prefer bank transfer or cash. Credit cards can be disputed later. If my customer tries to not pay, i remove what was installed with the water on. I don't care if the house gets flooded.

@virgiliovelasco4948 Жыл бұрын

Happy Tuesday!! Thanks very much for your Valuable time and knowledge, very good tips going to Santa Barbara CA.

@MillionDollarPro Жыл бұрын

Glad you like them, thank you for the support!

@kylenclarke240 Жыл бұрын

This is another great video. Always am happy when I find something I love to do and get to hear all about how to do it better! Wooohoo. Life on easy mode man.

@MillionDollarPro Жыл бұрын

Hey Kyle, I think you would really benefit from my business blueprint. Check it out here: themdplumber.com/blueprint

@SantanaBrosPlumbing662 Жыл бұрын

Gold nuggets. Thank you 🙏

@user-gx8qt2qf8j Жыл бұрын

Good point we are not a charity

@Hucklebillyjones Жыл бұрын

We are on a flat rate system also . I don’t get the question often but just curious what your response is when you have that customer who asks for an itemized estimate or invoice?

@debblouin Жыл бұрын

There are only two reasons such a question might come up: they want to compare your materials charges to what they could buy at Walmart, or their insurance adjuster is telling them they will deny the claim without an itemized invoice.

@mlondahn2204 Жыл бұрын

FREE

@MillionDollarPro Жыл бұрын

Hey, thanks for catching the show. Click the link below to grab my FREE Blueprint: www.plumbingbusinesssuccess.com/blueprint1

@rigobertotovar3205 2 ай бұрын

Free

@MillionDollarPro 2 ай бұрын

Hey, thanks for catching the show. Click the link below to grab my FREE Blueprint: www.milliondollarpro.com/free

@user-gx8qt2qf8j Жыл бұрын

Walmart's are all so terrible to work for I want the vendor to take lots of pics lots of sign offs trying to hunt down the person in charge. I'm in California and Walmart wants to supply all parts All the employees refuse to work for them. Or I should say the 3rd party broker

@MillionDollarPro Жыл бұрын

Right on! I kept our Walmart commercial account just to help with the slow times...but...if you have a residential service call and a Walmart job on the schedule...ALWAYS make the RSC priority.