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If You Want To Make A Million Dollars As A Plumber, Do This

📅 January 16, 2026 ⏱️ 1:10:41 🎤 Jered Williams, Ann

Chapters

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  • 0:00
    Introduction & Marketing Tip
    Jared introduces the episode's topic of making a million dollars as a contractor and shares a marketing tip about answering phones and using an answering service like Plumline.
  • 3:35
    Foundational Mistakes: Answering & Pricing
    Jared discusses two core mistakes he initially made: not answering his phone consistently and not pricing jobs correctly.
  • 9:06
    Choosing the Right Niche
    The hosts explain why residential service is a more viable and profitable niche for new and growing contractors compared to commercial or new construction projects.
  • 24:10
    The Pitfalls of Partnerships
    Jared recounts his negative experience with business partnerships and advises against them unless partners have complementary skills and aligned visions.
  • 34:05
    Branding & Memorable Names
    The importance of choosing a memorable company name and creating a strong brand that stands out from competitors is discussed.
  • 42:57
    Answering Your Phone & Triaging Calls
    The hosts stress the critical importance of answering calls professionally and triaging service requests to prioritize high-value and urgent jobs.
  • 1:15:10
    Proper Pricing & Value Communication
    Jared shares anecdotes illustrating why contractors should not be afraid to charge higher prices for quality service and how to communicate that value to customers.
  • 1:37:15
    Hiring & Scaling for Profitability
    The episode concludes with advice on strategic hiring, starting with a phone-answering role, and outlining how to achieve a million dollars net profit with a 3 million dollar revenue business.
  • 1:50:08
    Residential vs. Commercial Service
    Jared and Ann reiterate the advantages of residential service over commercial work due to direct decision-making and easier objection handling.
  • 1:51:46
    The Importance of Good Employees
    The hosts discuss how the quality of technicians and CSRs directly impacts business success and the necessity of being ruthless with underperforming employees.

Speakers

J
Jered Williams
Host
A
Ann
Host

Key Takeaways

Prioritize residential service: It offers better cash flow, simpler operations, and is highly scalable compared to commercial or new construction, which often have slim margins and cash flow issues.

Avoid unstrategic partnerships: Only partner if individuals bring unique, complementary skills (e.g., plumbing expertise + business acumen) and have a shared vision; avoid partnering with a 'buddy' just for companionship.

Invest in a memorable brand: Choose a unique, easy-to-remember company name and a distinctive logo to stand out in a saturated market, avoiding generic industry clichés.

Master call management and triage: Consistently answer your phone professionally, book appointments efficiently, and prioritize urgent/high-value calls to maximize revenue and customer satisfaction.

Price for profit, not just comparison: Understand your true cost of doing business (including overhead), then price your services to ensure profitability, even if it means charging more than competitors. Customers will pay for quality and reliable service.

Hire strategically, starting with customer service: The first hire should be someone to answer phones and manage scheduling, freeing up technicians for revenue-generating work. This builds a strong foundation before adding more technicians.

Be ruthless with low performers: Underperforming employees negatively impact everyone and the business's profitability. Address performance issues promptly, as keeping them ultimately harms the team, customers, and business owner.

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