The Builders Ladder - Podcast Episode

[ON SITE] How Outsourcing Administration Cut Overheads From 35% To 8% | Joshua Rosinski

youtube-icon-flat-red-play-button-logo-vector

NEED Help Implementing the Ideas in This Episode?

Book Your Free 'Gameplan' Call Today and We'll Help You Put Together a Custom, 90-day Growth Plan

EPISODE Notes

Josh runs Helix Group alongside his brother in northern Sydney. Before applying a formal management structure, the company operated with overheads at 35 percent and paid $9,000 a month for local accounting. The lack of formal processes forced them to absorb a $160,000 basement variation because they failed to secure written approval from the client prior to excavation. Josh also worked for six years without a holiday, constantly answering his phone.

Josh laid off excess in-house staff and hired offshore virtual assistants for estimating and bookkeeping, dropping accounts costs to $800 a month. He established variation approval rules requiring client sign-off before site work continues. By organizing his schedule with a Default Diary, Josh separated site meetings from business development, which helped him secure a 1.1 million dollar cost-plus contract. This structure enabled him to take a two-week unplugged trip to Vietnam while his site foreman managed the active projects.

Links & Resources

  • Helix Group Website: https://www.helix.group/

đź•’ Timestamped Key Point

  • 00:00 Introduction
  • 04:58 Securing a 1.1 million dollar contract through 14 months of negotiation and transitioning it to a cost-plus agreement after
  • lock-up.
  • 14:00 Using an A to Z operations org chart to formalize the roles of site foremen and project managers.
  • 16:10 Installing Alpha flooring to block sound transfer between levels in a split-living residence.
  • 18:57 Mandating written client approval for variations to prevent absorbing costs like a 160,000 dollar basement excavation.
  • 22:15 Outsourcing bookkeeping to the Philippines to drop accounting costs from 9,000 dollars down to 800 dollars a month.
  • 26:42 Blocking out the schedule to take a two-week trip to Vietnam after working six years without a holiday.
  • 35:22 Sending 100 direct messages a week on LinkedIn to schedule coffee meetings with architects and designers.
  • 40:57 Implementing a Default Diary to separate mandatory site meetings from dedicated business development time.

Resources Mentioned

Health Audit

How healthy is your building business? Find out now.
QUIZ
About Your Hosts

Too many building company owners work long hours for very little profit, aren’t able to spend time with their families, and are stressed to the limit.

This is not your fault.

You can be the best builder in the world but trade school doesn’t teach you how to run a business.

This is why we created The Professional Builder.

Gaining control over your business doesn’t need to be hard.

Our proven systems have been used by 5,000+ builders from New Zealand, Australia, USA, UK, Canada, and all around the world to get back their freedom.