[vermontpainter]

Who paints faster on a fixed price job:

A. The painter who is making money and might like to make a bit more
B. The painter who is losing money and knows it
C. The painter who is losing money and doesnt know it
D. None of the above...they all paint the same

Pick one and explain your choice.

Thanks

 

[timhag]

The painter who is losing money is my thoughts. I'm guessing he would want to cut every corner just to get the job done and move on.

 

[Slingah]

A....money motivates...

 

[Housepainter]

The painter who knows he is loosing money...

Another alternative to "A" is one who knows he has a another job lined up that will pay more :blink:

 

[GMack]

Having been A, B, and C at different times/jobs, I say the answer is B. The volume of work one can bang out in short order when the budget runs out, can be mind-boggling.

Good question, Scott . . . My take is the guy who knows he's losing money paints the fastest, like lightening. The guy motivated to make more money is always pushing the pace in his pursuit but doesn't go mach 2 because he knows quality will suffer. The guy who doesn't know he's losing money paints the slowest because he's too happy-go-lucky to care about anything anyway.

 

[CApainter]

E, all the above. Whether your the contractor or the painter, it is in our nature to perform our duty as quickly as possible. How we implement that speed, determines our success or failure.

 

[vermontpainter]

Having been A, B, and C at different times/jobs, I say the answer is B. The volume of work one can bang out in short order when the budget runs out, can be mind-boggling.

Good question, Scott . . . My take is the guy who knows he's losing money paints the fastest, like lightening. The guy motivated to make more money is always pushing the pace in his pursuit but doesn't go mach 2 because he knows quality will suffer. The guy who doesn't know he's losing money paints the slowest because he's too happy-go-lucky to care about anything anyway.

GM

Well put. I agree. When losing money, its best to do it as quickly as possible.

Hopefully none of us are going too fast too often...

 

[MAK-Deco]

I was a "B" when i started out painting fast so I could get to the next job cause each job I had under bid it and was losing my butt. Thank god after a few years I re-did my plan and started charging more, getting better clients and doing better quality work for people who appreciate it

 

[Z paint]

sorry i have to pick 2...a and b because money pushes u either way..it motivates u to get done quickly and when u are losing money it motiates u to get out tof that job

 

[Dave Mac]

really depends on the painter, many people think differntly about the same situation. For me personally b is the correct answere, I havnt been their in a long time, but learned a lot when I was.

 

[Workaholic]

I say A. Money moves people.

 

[paint_booger]

The guy with the bigger brush!

 

[vermontpainter]

The guy with the bigger brush!

You should have your t shirt tonight, if you keep this pace of meaningless one liners. Hopefully, t shirt in hand, you and mrs boogie take a little vaca...

 

[timhag]

The guy with the bigger brush!

This is what we are talking about, why can you not type something positive?????? Why always bulls*it??????
I know I toss out alot of sh*t but, I try to CONTRIBUTE where I can.

 

[JTP]

Who paints faster on a fixed price job:

A. The painter who is making money and might like to make a bit more
B. The painter who is losing money and knows it
C. The painter who is losing money and doesnt know it
D. None of the above...they all paint the same

Pick one and explain your choice.

Thanks

Hey Monte Man--- I believe there are many out here in painter land that have no idea whether they are making money, losing money, or simply staying supplied with beer, bread, and cigarettes. I include myself among those having no idea.

Before we get into a urinating match, my comment applies to no one specifically.

Here is my question: How and when do you know you're losing money. Is it on a specific job? Is it at the end of the year? Is it relative to your hard figures from the year before? (Hard figures? How many here have honest to goodness hard figures on this stuff?) HMM-- Please--someone tell me how to determine if you are losing money? Thanks.

JTP

 

[vermontpainter]

Hey Monte Man--- I believe there are many out here in painter land that have no idea whether they are making money, losing money, or simply staying supplied with beer, bread, and cigarettes. I include myself among those having no idea.

Before we get into a urinating match, my comment applies to no one specifically.

Here is my question: How and when do you know you're losing money. Is it on a specific job? Is it at the end of the year? Is it relative to your hard figures from the year before? (Hard figures? How many here have honest to goodness hard figures on this stuff?) HMM-- Please--someone tell me how to determine if you are losing money? Thanks.

JTP

JT

For the purposes of this exercise, I was thinking in terms of a specific fixed price job scenario. I'm sure we have all had it happen where we get in the middle of the job and realize that we didnt create enough budget. You can see the finish line, and you see insufficient budget to the extent that if you keep working at your present pace, you will lose big enough for it to be painful. I have been there, not recently, but I can say that when I know I am about to finish a loser, some kind of adrenaline and self-preservation kick in to get you through.

Bigger picture, my bookkeeper generates monthly financials with ytd comps that serve as a decent dashboard to monitor. Of course, always taking into consideration the variables from year to year and these days even month to month.

 

[NEPS.US]

How do you run your books?

 

[vermontpainter]

How do you run your books?

Bookkeeper who is really adept in Quickbooks.

 

[NEPS.US]

Bookkeeper who is really adept in Quickbooks.

Not you ...JTP ....Quickbooks here and track weekly

 

[Dave Mac]

I took Scott's question in meaning something along the lines that we have estimated the job say for example for 20 man hrs and it is now taking 40 man hours. That how I took the question.