Mathew Ryan from Ryan Developments joins Jimmy to explain how turning over approximately $3.5 million forced him to confront the difference between running a busy building company and running a profitable one.

Mathew shares his journey from completing his carpentry apprenticeship in Whittlesea to building Ryan Developments into a specialist custom-home and knockdown-rebuild company operating across Melbourne.

Jimmy and Matt discuss:

• Why high turnover does not guarantee profit
• The true hourly cost of employing a tradie
• Margin versus markup in construction
• Why underquoting is sending builders broke
• Losing a major project to a builder who quoted $200,000 less
• The risks of pricing your own labour below industry rates
• Difficult clients, unpaid claims and VCAT disputes
• Losin ...