Episode 198 Stuck at $3–6M? The Numbers Problem Most Owners Miss with Paul Maskill

Stuck at $3–6M? The Numbers Problem Most Owners Miss with Paul Maskill

Growing a home-service business from $3–5M to the next level isn’t just about more leads, it’s about clarity, numbers, and removing the guesswork. In this episode of The Better Than Rich Show, host Mike Abramowitz sits down with fractional CFO and home-service finance expert Paul Maskill, founder of Blue Collar Advisors. 

Paul breaks down the systems, scoreboards, and mindset shifts needed for consistent profitability regardless of market conditions. He explains why most operators feel stuck at $3–6M, how to determine your true “next level,” and why every problem ultimately becomes solvable once you install accurate data and financial visibility. 

From booking-rate optimization, to online scheduling adoption, to pricing mistakes that cripple margins, Paul shares the exact frameworks he uses to help owners create more freedom, predictability, and bottom-line cash flow. You’ll learn how to track the right KPIs, when to hire, how to improve close rates, and how to build a business that’s not only profitable but exitable. 

Timestamps 

[00:00] Intro — Mike welcomes Paul and frames the conversation 

[01:00] “What is the next level?” — How Paul begins every client relationship 

[02:00] Why owners chase numbers without knowing why they want them 

[04:00] Defining success beyond “I want an 8-figure business” 

[08:00] Breaking down a $6M company P&L + the path to $1M in profit 

[10:15] Alternative scoreboards: values, impact, team income goals 

[12:00] KPIs for techs, CSRs, dispatch, and marketing health 

[17:00] Customer journey leaks — why you don’t need more leads 

[18:40] Online scheduling, ballpark pricing, and modern buyer expectations 

[23:00] Branding vs. advertising—why owners blame the wrong things 

[30:00] Scoreboards: the cure for “I’m busy but broke” syndrome 

[33:00] Booking-rate improvements and CSR scorecards 

[35:30] Hiring: when you actually need more staff vs. fewer calls 

[39:00] Pay-for-performance, slices, and technician productivity 

[40:20] Pricing mistakes and how to calculate your true hourly rate 

[43:00] Non-billable time, load factor, and why most companies undercharge 

[45:00] Paul’s free pricing calculator + 3-step website framework 

[47:00] What “Better Than Rich” means to Paul Maskill 

[49:00] Closing thoughts + upcoming 2026 collaboration for home-service experts 

Key Quotes 

  • “If the numbers are accurate, they don’t lie. And if they don’t lie, you can fix anything.” 
  • “Most owners don’t need more leads—they need to plug the leaks in their customer journey.” 
  • “Success isn’t an 8-figure business. It’s knowing why you want the next level.” 
  • “The free market works. Your price must match the promises you make to customers.” 
  • “With the right scoreboards, the guesswork disappears—and so does the stress.” 

Key Takeaways 

  1. Clarity beats hustle — Define exactly what “next level” means and why. 
  2. Profitability is math, not mysteryA $6M company can net $1M with proper allocation. 
  3. Online scheduling is the future — Modern buyers prefer not to call. 
  4. Plug the journey leaks — Follow-ups, booking rates, abandoned leads, and back-end retention matter more than new leads. 
  5. Pricing must include non-billable time — Most companies unknowingly lose 50% of labor hours. 
  6. Scoreboards create accountability — Every CSR, dispatcher, and tech needs measurable expectations. 
  7. Branding > ads — Being top-of-mind beats increasing ad spend. 
  8. Growth isn’t always scale — Sometimes the faster path is making the current business more profitable. 

Links Mentioned 

Books Mentioned  

 

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