283. How This Contractor Made $200K From Change Orders - Eric Olson
Episode Details

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Eric Olson found a way to squeeze an extra 200 thousand dollars of profit out of work he was already doing.


His secret weapon? Change orders.


In today’s episode, Eric is going to talk us through:

- The exact strategy he used to 4X his profits on all change orders

- Why getting this wrong can leave you with angry clients, a frustrated team and zero dollars in the bank

- And how to get your team stoked about maximizing profit at all levels of the organization.


Eric Olson is a Breakthrough Academy Member and Owner of Olson Defendorf Custom Homes in Texas.


He has worked Breakthrough Academy coaches and community members over the years to create bulletproof systems in his business that have significantly improved his profit, cash flow and personal life.


Learn more about Olson Defendorf Custom Homes: https://www.odcustomhomes.com/


00:00-Intro

06:17-Incentivizing Project Managers

12:18-Pricing Logic

16:55-Profit Sharing Expansion

24:06-Collection Process Timing

28:48-Tracking Change Orders

34:14-Schedule Management Updates

40:58-Systems Optimization Change

Episode cover art for 283. How This Contractor Made $200K From Change Orders - Eric Olson
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