Fixed Bids Burned Me — T&M Turned It Around
Modern Craftsman
Modern Craftsman
4.8 • 1.2K Ratings
🗓️ 18 September 2025
⏱️ 34 minutes
🧾️ Download transcript
Summary
Tyler breaks down how fixed bids had him bleeding on projects and why switching to Time & Materials, vetting hard, and charging for everyday hiccups kept the business alive. He gets into a real day-in-the-life, how he stays motivated when the work is repetitive, what younger trades are valuing now, and how being a dad changed his decisions.
Show Notes:
00:00 Back in the studio & why this one matters
01:23 A builder's daily reality (no fluff)
05:29 The early mistake that cost me—switching to T&M
09:15 Picking jobs and saying no (on purpose)
12:29 The client vet list that saves profit
16:13 Charge for hiccups (yes, even tool jams)
20:04 Staying motivated when the work's repetitive
22:44 What the next generation values (and the wage squeeze)
27:51 How being a dad changed how I run the business
32:50 1:1 help, next steps, wrap-up
Video Version:
https://youtu.be/8m_ur5LCHYI
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Transcript
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| 0:00.0 | 15 years into it, I am still amazed at the issues that I run into and the time that it takes to do it right. |
| 0:12.0 | What's up, everyone? |
| 0:13.8 | Welcome back to Midweek Modern Craftman. |
| 0:17.0 | It has been a while since I've sat down in my studio and recorded a podcast. |
| 0:21.6 | I had a busy few weeks with vacation, birthdays, kids starting school, wrapping up a project, and life has gotten away for me, but I'm back. |
| 0:32.6 | I'm strapped in. |
| 0:33.6 | I'm ready to go and I'm excited to record some more midweeks for you guys and |
| 0:40.2 | girls. Today I wanted to flip the script a bit and answer some questions that I get asked the most, |
| 0:46.7 | not just about business, but about life balance, mistakes, what keeps me going in the construction |
| 0:52.9 | industry. These are the kind of questions that people |
| 0:56.0 | ask me off mic in person. And I think that they're worth sharing on this platform here as well. |
| 1:02.1 | So let's dive into a handful of honest questions about what it really looks like for me as a |
| 1:07.6 | builder, a business owner and a dad trying to figure it all out. So, the first |
| 1:14.4 | couple of questions are personal questions, relatable questions. Number one, what does a typical |
| 1:22.9 | day actually look like for you and how different is it from what people probably imagine my days |
| 1:30.4 | start at home selby is now in seventh grade so she's getting up around 6 a.m. to get on the bus |
| 1:37.9 | before 7 a.m. so we are typically up early rachel is up before me she's a a very early riser. She likes to get her stuff done |
| 1:45.8 | and go to sleep a little bit early, a little bit earlier than me. But recently, I've been doing my best |
| 1:52.1 | to use my mornings to get a jump start on the day. I'm not as often rushing out of the house to get |
| 1:59.1 | to the job by eight anymore. |
| 2:01.6 | There's times where I am when a job needs to get done because of a deadline when I have a lot of things going on. |
| 2:08.2 | But I've switched and I've been trying to stay home until I can get Tilly on the bus in the morning. |
... |
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