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The Estimator's Edge

$37

You're probably underpricing by 15-20%. Here's why.

Most contractors lose money not because they're bad at their trade—but because they're bad at estimating.

The math mistakes costing you $20K-$100K+ per year:

  • Confusing markup with margin (20% markup ≠ 20% profit)
  • Using "10% overhead" when yours is actually 25-35%
  • Forgetting labor burden (add 35%+ to hourly wages)
  • Missing the 27 hidden costs in every project
  • Not knowing your break-even point

One contractor's story:

Kitchen remodel bid: $24,000 (used 20% markup on $20,000 cost)

Actual margin: 16.67% (not 20%)

What he should have charged: $25,000 (for true 20% margin)

Multiply that $1,000 gap by 25 jobs per year = $25,000 left on the table.

And that's just ONE mistake.


The Industry Reality

96% of construction companies fail within 10 years

Only 31% of projects come within 10% of budget (industry average)

69% of projects exceed their budgets

Accuracy levels by experience:

  • Entry-level: <80% accuracy (20%+ overruns)
  • Experienced: 80-85% accuracy
  • Top performers: 90-95% accuracy
  • Elite: 95%+ accuracy

The gap between 80% and 95% accuracy at $500K revenue = $75,000 more profit annually.


What's Inside (17 Chapters)

PART ONE: Psychology of Pricing

  • Why contractors chronically underprice (6 cognitive traps)
  • The math most contractors get wrong (with conversion tables)
  • The true cost of inaccurate estimates (direct + opportunity + stress)
  • Industry benchmarks: where you actually stand

PART TWO: The Estimating System

  • Smart Bid Calculator (6-component system)
  • The "27 Hidden Costs" checklist (stop missing money)
  • Overhead allocation methods that actually work
  • Trade-specific estimating guides (10 trades covered)
  • The accuracy feedback loop (how to improve systematically)

PART THREE: Advanced Pricing Strategies

  • Value-based pricing (charge for value, not just cost)
  • Three-tier pricing psychology (why it works)
  • Risk assessment and contingency (AACE standards)
  • Proposal presentation that wins bids

PART FOUR: Implementation & Systems

  • Technology stack by business size
  • Team training and adoption
  • Weekly and monthly discipline
  • KPIs and performance tracking

PART FIVE: Real-World Application

  • 10 detailed case studies (real contractors, real money)
  • From 70% to 95% accuracy in 18 months (documented)
  • Premium positioning success stories
  • Scope creep disasters and how to prevent them

Trade-Specific Guides Included

Detailed estimating frameworks for:

  • Carpentry and Millwork (priority guide)
  • Electrical
  • Plumbing
  • HVAC
  • Concrete
  • Roofing
  • Painting
  • Drywall
  • Flooring and Tile
  • General Contracting

Each includes: production rates, material waste factors, labor burden calculations, and common mistakes.


The Smart Bid Calculator System

Component 1: Project Scope Definition

  • What's included (specifically)
  • What's excluded (explicitly)
  • Assumptions documented

Component 2: Direct Cost Calculation

  • Materials (including waste factor)
  • Labor hours × TRUE labor cost
  • Subcontractors
  • Equipment and permits

Component 3: The 27 Hidden Costs Checklist

  • Fuel and travel allocation
  • Tool wear and replacement
  • Insurance allocation
  • Permit fees
  • Disposal costs
  • And 22 more...

Component 4: Overhead Allocation

  • Percentage method vs. hourly method
  • Your actual overhead (not the 10% myth)
  • Seasonal adjustments

Component 5: Profit Margin Application

  • Correct formula: Cost ÷ (1 - Margin%)
  • Risk-adjusted pricing
  • Value-based premiums

Component 6: Final Price Presentation

  • Three-tier options
  • Proposal psychology
  • Objection handling

What This System Delivers

Within 30 Days:

  • True overhead calculated (prepare for surprise)
  • Bid tracking system active
  • First estimates using complete system

Within 90 Days:

  • Variance tracking revealing patterns
  • Accuracy improving measurably
  • Profit margins increasing

Within 18 Months:

  • 95%+ estimating accuracy achievable
  • $20K-$100K+ additional profit captured
  • Pricing confidence transformed

The Investment

$247(Value!) — Pays for itself on your next estimate.

What you get:

  • Complete 50,000+ word guide (PDF)
  • 17 chapters from psychology to scale
  • Smart Bid Calculator template
  • 27 Hidden Costs checklist
  • Trade-specific estimating guides (10 trades)
  • Bid tracking spreadsheet
  • 10 detailed case studies
  • Markup vs. margin conversion tables

Ready to Stop Leaving Money on the Table?

I want this!

The complete estimating system that transforms pricing from guesswork to science. 50,000+ words. 17 chapters. Smart Bid Calculator. 10 case studies. Trade-specific guides.

Pages
Size
459 KB
Length
256 pages
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