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Nails To Numbers

Ian Schwandt

My journey from carpentry to finance and operations.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues51Foundeda year agoLast Issue8 days ago
Active

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Latest Issues

You’re Not Selling a Percentage

Recently a builder asked me how I would handle a conversation that he has often. You are sitting across from a client in your second meeting to discuss their project. You go over your estimate, and the client tells you that the other contra...

8 days ago
6

What the Market Will Bear vs. What It Costs

A plumber bills out at $250 an hour. The electrician $200. The auto mechanic who maintains your truck charges $150. While the builder who runs the job, coordinates all of the trades, and does the heavy lifting is supposed to run their busin...

15 days ago
2
2

The Math Behind the Last Number

In “The Billing Rate is the Last Number” I built a billing rate for a sole proprietor. I showed that you start with the after tax pay that you need to fund your chosen lifestyle. Then you begin adding additional costs; taxes, retirement, in...

22 days ago
3

The Billing Rate Is the Last Number

Last week I wrote that the way out of the wage earner mindset isn’t a new metric. It’s a different question. Stop asking what you charge and what you get to keep. Start asking what the business needs to make, separate from what you want to...

a month ago
6
1

The Wage Earner Mindset

When I got my first official job at 16, the break room of the store had a punch clock much like this one.

If I had to define what I had for all the years I was self-employed, in one phrase, it would be this: I had a wage earner mindset....

a month ago
2

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  • Ian Schwandt

    I’m the Operations Manager at a design-build remodeling company. I write about the business side of building; estimating, forecasting, team management, and operational systems through the lens of a 20 year career in the field.

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