Stop Pricing by Square Foot - You're losing so much money!
Modern Craftsman
Modern Craftsman
4.8 • 1.2K Ratings
🗓️ 30 October 2025
⏱️ 29 minutes
🧾️ Download transcript
Summary
Pricing by square foot is how budgets blow up. Tyler breaks down the real process—scope first, design up front, WAGs, SWAGs, and contingency noted so the numbers hold once you hit the job.
Show Notes:
00:00 Understanding client priorities and personal update
01:35 Consulting call and estimating process
02:54 Client communication and zoning variance
06:07 Budget creation and design iterations
07:24 Detailed budgeting and cost tracking
09:01 Handling unexpected costs and client communication
13:23 Scope of work and subcontractor coordination
17:08 Managing client expectations and budget adjustments
20:00 Pre-construction and design consulting
26:44 Contractor Coalition Summit and affordability
Video Version:
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Transcript
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| 0:00.0 | In order to have a successful job, you have to understand how to manage it. |
| 0:02.9 | What's the most important to these clients? |
| 0:04.6 | Is it timeline? |
| 0:05.4 | Is it budget? |
| 0:06.0 | Is it quality? |
| 0:06.7 | What are you managing to? |
| 0:12.0 | Welcome back, everyone, to another midweek, modern craftsmen, where I have a cold this week. |
| 0:18.0 | My kids got me sick. |
| 0:19.5 | I've been going nonstop working, sports, kids events, everything else. |
| 0:24.0 | Just I'm run down. |
| 0:25.6 | I got sick. |
| 0:26.2 | So my already terrible, monotonous, aberrant voice is even worse. |
| 0:33.7 | I'm sorry for that, but you're just going to have to deal with it. |
| 0:36.7 | I was going through YouTube comments recently, and there was, let's see how you say this, |
| 0:45.0 | I'm not sure. |
| 0:46.0 | It's the real N-O-S-F-E-R-A-T-U, Nose-F-R-A-T-U, Nose-F-R-R-A-T-U, and he or she said, I'm glad this helps you guys too because I love to hear |
| 0:58.8 | from you guys. I'm a 28-year-old carpenter in Long Island, New York, and it's very hard to get any |
| 1:03.8 | contractors to talk about the business side. The GCI work for now never brings up how much |
| 1:10.1 | anything costs, margins, et cetera. |
| 1:12.5 | I really appreciate how open you are because I would never learn the inside ball stuff |
| 1:18.3 | you guys discuss without the two of you. |
| 1:22.1 | This got me thinking about margins, about business. |
... |
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