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How to Bid a Paint Job | TCF739

In this episode, Tom walks through how to bid for interior painting projects. He explains why your price may be higher or lower than your competition's and shares some essential considerations for estimating projects in the painting business. Conversation Highlights: [00:00] - Introduction [00:33] - Identifying profit leaks in your business [02:25] - Pricing strategies in the construction industry [03:09] - Scientific approach for pricing [04:30] - The importance of production rates [07:23] - "Take some time and track" [09:44] - Bidding for repainting a 12 x 12 room [13:08] - The art and science of estimating [16:16] - Optimizing productivity through task time management [18:00] - The Fight GPS call 🧭 👉 Find out what's holding you back from making more money. Discover the leaks in your business and learn how to fix them with The Fight GPS Call. Visit http://thecontractorfight.com/gps 💸 Grab your copy of our FREE Contractors Guide to Spotting Cheap Prospects here: https://thecontractorfight.com/cheap 🛡 Join us in BATTLEGROUND - Everything your contracting business needs in one comprehensive program. Three main focus areas: Leadership, Communication, and Numbers. For more info visit: https://thecontractorfight.com/battle... 🥊 Get your free copy of Tom's book Winning the Contractor Fight: https://thecontractorfight.com/book (Just pay shipping) 🥊 Connect with other contractors building stronger businesses in The Contractor Fight: http://thecontractorfight.com/facebook 🥊 Grab the Gear: https://gear.thecontractorfight.com/ Tom Reber is an entrepreneur, business coach, podcaster, leader of The Contractor Fight, creator of Contractor Fight TV and HGTV host. Tom's content has helped hundreds of thousands of home improvement contractors improve their lives and businesses. The Contractor Fight is the ultimate resource for becoming an uncommon contractor! Pick a fight with mediocrity. Live Unafraid. 🥊 Find Us on Social Media: Podcast: http://thecontractorfight.com/podcast Facebook: http://thecontractorfight.com/facebook Instagram: http://thecontractorfight.com/ig Website: http://thecontractorfight.com #contractor #bluecollar #contractorpodcast #contractorsofinstagram