Inner Circle
← Back to Library
Content

We Grew Our Plumbing Business Way Faster Than Expected (here’s how)

πŸ“… July 17, 2026 ⏱️ 1:05:48 🎀 Jered Williams, Eddie Barker

Chapters

Click to jump to section

  • 0:00
    The Importance of Budgeting
    Jered and Eddie introduce the episode's topic: budgeting, highlighting its crucial role in business growth, despite being an unpopular subject.
  • 2:58
    Avoiding Stressful Growth
    They discuss common pitfalls of unplanned growth, like bank account fluctuations and stress, contrasting it with a proactive, goal-oriented budgeting approach.
  • 5:08
    Setting Revenue Goals
    The hosts explain how to set monthly and yearly revenue goals, considering factors like hiring, marketing, and improving close rates or average tickets.
  • 10:43
    Optimizing Marketing Spend
    They detail how to calculate marketing budgets based on required calls and discuss the importance of tracking data for each marketing source to maximize ROI.
  • 17:25
    Technician Management & Capacity
    Jered and Eddie deliberate on managing technician capacity, limiting calls to ensure quality service, and the negative impact of unchecked productivity on team morale and profitability.
  • 24:52
    Selling Value, Not Just Repairs
    They share an anecdote about a missed sales opportunity, underscoring the importance of offering comprehensive solutions and options to customers, rather than just basic repairs.
  • 34:03
    Planning for Growth Expenses
    The episode concludes with advice on planning for additional growth expenses, like new vehicles and payroll for hires, to avoid financial surprises and ensure sustainable expansion.

Speakers

J
Jered Williams
Host
E
Eddie Barker

Key Takeaways

✦

Implement a detailed monthly and yearly budget that goes beyond basic income and expenses; focus on setting ambitious, yet achievable, revenue goals.

✦

Track key performance indicators (KPIs) like average ticket, close rate, booking rate, and cancellation rate per marketing source to identify and address weaknesses in your sales funnel.

✦

Base your marketing budget on the number of calls needed to hit your revenue goals, rather than a percentage of revenue, and prioritize scaling lead sources with the best return on investment and high-quality leads.

✦

Limit the number of calls technicians run daily (e.g., three per day) to ensure thorough service, maximize average ticket, and improve close rates, preventing rushed work and potential customer dissatisfaction.

✦

Always offer multiple options to customers, from basic repairs to comprehensive replacements or upgrades, to empower their choice, increase average ticket, and build long-term trust, even if they initially choose the minimum.

✦

Proactively plan for growth-related expenses, such as new vehicles, equipment, and payroll for new hires, by projecting their impact on your cash flow to avoid financial surprises and stress.

✦

Continuously review and adjust your budget and goals based on actual performance; if you're exceeding expectations, push your targets higher to accelerate growth.

Want the full experience?

Join the Inner Circle for full access to every episode, AI-powered insights, personalized coaching, and a network of industry leaders.

Join Inner Circle β†’

Inner Circle Membership Portal © 2026 Power100. All rights reserved.

power100.io