It's 1:20 in the morning and Craig Eubanks couldn't go to sleep without getting this one out — because this conversation is too important to wait.
Every small business owner in this country is feeling the squeeze right now. Material costs are up 40.5% since February 2020. Steel up 13.1%. Aluminum up 22.8%. Lumber at its highest price since 2019. And the Midwest is getting hit harder than anywhere else.
So what do you do when your costs go up but the guy down the street is still charging just over material cost? You can't eat the difference. You can't race him to the bottom. And you can't pretend it isn't happening.
In this episode Craig gets real about what is actually going on in the economy for small contractors right now — no politics, no fluff, just the honest conversation that most people are afraid to have publicly.
Topics covered:
If you have ever lost a job to someone charging just over material cost — and then gotten the call six months later to fix the mess — this episode is for you.
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