Shawn Van Dyke - Profit First For Contractors

Shawn Van Dyke is a construction business coach, author of 2 best selling books, and an international keynote speaker. Shawn wrote “Profit First for Contractors” and he stops by the studio to discuss his journey into becoming a construction business coach.
2:29 Who Is Shawn Van Dyke?
12:45 Being A “Numbers Guy”
19:28 The Craftsman Cycle
25:55 Getting Out Of The Cycle
30:57 When Did “Free Work” Start?
In this video, Shawn Van Dyke details the Craftsman Cycle, how a friend convinced him to run his business, and why every contractor should be charging for professional services. Plus, how you don’t have to have a contracting background to run a successful contracting business.

[@zb-mu5ju]

Thank you 👏for such valuable information

[@jim2mckenna220]

Free estimate (IMHO) came out of the fact that Remodeling was born out of the DIY mindset. After WW2, homes we built at an unprecedented rate. Trades people were working track developments and no one was doing remodeling. Repairing your home was something you did yourself. Just as the original owners of the first automobiles did most of there own repairs on their cars. There was not any repair garages originally. Time crunch on working families gave rise to auto repair garages. Americans love of leisure became a new thing. Have my car ready for the weekend so I can hit that new ribbon of asphalt. And as cars became more sophisticated, the tech gap and tools required separated the car owner from the DIY car mechanic. Back to remodeling. Remodeling in the 50's 60's and 70's was fairly easy. You had a buddy who was a carpenter in the union, framing up commercial buildings and was looking to make a few extra bucks, so he studded out your basement. Then the same thing happened... Leisure pursuits and more sophisticated materials and techniques hit the building market. Companies started focusing on the business of remodeling. It (in the grand order of things) is a fairly new industry. I would say less that 60 years old... although I have not done the research. But I do believe this statistic is true...There are roughly 500K remodelers in the US and and less that one fifth of those are full companies having employees greater then 5. It is a fragmented group. So I believe that free estimates came out of the fact that the industry was created as an after thought and that giving your time away was really just going over to your buddies house to look at his basement, and the trend just continued from there. Time to stop the trend. Paid for Planning. @shawnvandyke and some SHINFU....

[@ContractorGrowthNetwork]

Time to stop the trend for sure. Thanks for the comment!