Will King

speaker

582 appearances 1 recordings 1 series first heard Jun 2025 last heard Jun 2025

Will King’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

Builders, Budgets, and Beers · How to Actually Make Money in Construction with Will King · 25 Jun 2025 podcast

Maybe you didn't.

And then, you know, whether it's not even just keeping up with your field, just tracking your field.

Like, I mean, I wasn't paying attention, man.

Like I just, you know, that's a big one too.

And maintenance, like vehicle maintenance.

I didn't realize how many we were getting crushed on taking trucks to the shop.

Well, one thing that we started doing is we reevaluated our, we have a lot of in-house labor, right?

Well, let's start there.

So we were pretty, I started the company, we were like cost plus 10% and that's markup, not margin.

And that's going to depend on where you're building and that kind of thing.

And so then

know we were like okay well let's go to 12 let's go to 13 and 13 is about where i was when we joined the son of living program and now that's again that's markup and then you know once you take out all the things because i started adding you know i was trying to get health insurance and i was trying to add all these benefits to have to retain employees which i think you have to do by the way like if you want to retain good employees you have to do those things or they're going to leave um

But then we really started focusing on our pre-construction agreement.

So I know that sounds crazy, but we now bring in some income basically in pre-con.

That goes to the bottom line, which is good.

Our margin on our in-house labor.

So instead of saying, here's the at cost rate of this employee plus our contractor fee, we just came up with composite rates.

So we just have like a 25 percent margin built into our in-house labor.

And that varies, of course, depending on pay scales.

But that's what we shoot for is that 20 to 25 percent margin on the in-house employee.

Showing 141–160 of 582 · page 8 of 30