About this episode
A lot of civil engineers dream of having their own firm one day and all the good things they think come with it…until they do and they’re working crazy hours to barely even make ends meet. ? Why? “Profititis.”In this episode, we sit down with Ben Hansen — aka The Profit Doctor. He went from Microsoft to building an eight-figure consulting business, and now works with firms doing $5–50M to help them keep more of what they earn and essentially kill “Profititis” once and for all.This isn’t one of those fluffy “raise your prices” conversations. It’s a real look at where profit actually leaks out of businesses, how (the wrong) people quietly drain margins, and why profit isn’t just the owner’s job.If you’re planning to start your own firm or practice, this episode gives you a massive head start. You'll have the antidote to one of the biggest business-killers before you ever hang your own shingle.? TUNE IN TO LEARN:2 Biggest Aspects of Civil Engineering That Hurts Its Profit PotentialIs the "Drive to the Bottom Bid" Exclusive to Civil Engineering?What is "Profititis"?The Minimum Financial Literacy You Need to Have to Start Your Own FirmThe Biggest Rule of Thumb to Grow Profitability InstantlyWhat Really Generates Almost All the Problems in a BusinessAre Employee-Owned Companies More Profitable?Should Employees Worry About Profit Too?The Profit Margins in Engineering Services (+ What You Should Aim at to Win)How Profitability Knowledge Applies to Your Engineering Work as an EmployeeThe "People" Problem Inside Companies That Affects ProfitsHow to Find the 10 Places Where Your Business is Likely Leaking Profitability? RESOURCES MENTIONED:Entrepreneurs' OrganizationProfit CFO ProgramProfitability Leak DetectorUniversity of PennsylvaniaThe 80/20 Principle, by Richard KochState of the Global Workplace Study, by Gallup? CONNECT WITH BEN:LinkedInW
