These 3 Things are KILLING Your Plumbing Business!

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  • เผยแพร่เมื่อ 30 ต.ค. 2022
  • 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
    🔸 JOIN the Million Dollar Plumber Success Academy where I teach you the BUSINESS of plumbing HERE: themdplumber.com/success-academy
    LEARN MORE and CONNECT with us:
    ◆ Website: www.themilliondollarplumber.com
    ◆ Facebook: themilliondollarplumber
    ◆ Instagram: themilliondollarplumber
    ◆ TH-cam: / @milliondollarpro
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ความคิดเห็น • 32

  • @chrismartin500
    @chrismartin500 ปีที่แล้ว +3

    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.

  • @trailhiker8063
    @trailhiker8063 2 หลายเดือนก่อน +1

    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.

  • @ryan_1475
    @ryan_1475 ปีที่แล้ว +3

    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
      @MillionDollarPro  ปีที่แล้ว +1

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

  • @ryanmanson8656
    @ryanmanson8656 4 หลายเดือนก่อน +1

    Always love listening to MDP!

    • @MillionDollarPro
      @MillionDollarPro  4 หลายเดือนก่อน

      Thanks for catching the show!

  • @virgiliovelasco4948
    @virgiliovelasco4948 ปีที่แล้ว +1

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

    • @MillionDollarPro
      @MillionDollarPro  ปีที่แล้ว

      Glad you like them, thank you for the support!

  • @kylenclarke240
    @kylenclarke240 11 หลายเดือนก่อน

    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
      @MillionDollarPro  11 หลายเดือนก่อน

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

  • @user-gx8qt2qf8j
    @user-gx8qt2qf8j ปีที่แล้ว +1

    Good point we are not a charity

  • @SantanaBrosPlumbing662
    @SantanaBrosPlumbing662 ปีที่แล้ว +1

    Gold nuggets. Thank you 🙏

  • @Hucklebillyjones
    @Hucklebillyjones ปีที่แล้ว

    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
      @debblouin ปีที่แล้ว +1

      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.

  • @user-gx8qt2qf8j
    @user-gx8qt2qf8j ปีที่แล้ว

    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
      @MillionDollarPro  11 หลายเดือนก่อน

      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.

  • @mlondahn2204
    @mlondahn2204 ปีที่แล้ว +1

    FREE

    • @MillionDollarPro
      @MillionDollarPro  ปีที่แล้ว

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

  • @rigobertotovar3205
    @rigobertotovar3205 หลายเดือนก่อน

    Free

    • @MillionDollarPro
      @MillionDollarPro  หลายเดือนก่อน

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

  • @brianscroggins5475
    @brianscroggins5475 ปีที่แล้ว

    Success

    • @MillionDollarPro
      @MillionDollarPro  ปีที่แล้ว

      Hi! Thanks for catching the show! themilliondollarplumber.com/success-academy/

  • @user-gx8qt2qf8j
    @user-gx8qt2qf8j ปีที่แล้ว

    Targets are the worst

  • @deetredacted7270
    @deetredacted7270 ปีที่แล้ว

    free

    • @MillionDollarPro
      @MillionDollarPro  ปีที่แล้ว

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

  • @jacoboprocedo
    @jacoboprocedo ปีที่แล้ว

    customer pays for your bean burrito

  • @user-eb3vk1cg1j
    @user-eb3vk1cg1j ปีที่แล้ว

    FREE

    • @MillionDollarPro
      @MillionDollarPro  ปีที่แล้ว

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

  • @masculinemafia
    @masculinemafia ปีที่แล้ว

    Free

    • @MillionDollarPro
      @MillionDollarPro  ปีที่แล้ว

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