Brian KaskavalciyanCo-Founder, The Wealthy Contractor Inc. · I want to help you create more Success, Wealth and Freedom!

Do you review your financials in private like most contractors?

Name: Do you review your financials in private like most contractors?
Uploaded: 2026-02-11T00:14:24+00:00
Duration: 1 min 4 s
Channel: Brian Kaskavalciyan
Description: In this YouTube clip, the speaker explains how their company began bringing the leadership team—specifically the sales and production managers—into…

11 Feb 2026 · 1 min

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1:04

In this YouTube clip, the speaker explains how their company began bringing the leadership team—specifically the sales and production managers—into monthly profit‑and‑loss (P&L) meetings facilitated by Profit Masters. By breaking down monthly figures into produced revenue, sold revenue, and a clear profit target, the team creates healthy competition and accountability. Since the production manager started attending, the firm has achieved three straight months of profit growth, reaching a 15% profit margin. The speaker emphasizes that relying on backlog alone is insufficient; timely production is essential for monthly profit realization.

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What we've done is we've brought in our leadership team into our monthly P&L meetings with, with Profit Masters. And it's been great because you kind of get a little healthy competition between our sales manager and our production manager because we break it down by produced revenue a month, sold revenue a month, and we also have a profit goal that we're trying to hit. So now my production manager can see on a monthly basis, I need to do this much in revenue so that we can hit our profit number a month. And it's gone. And ever since he started participating in this meeting, we've had 3 consecutive months of an increase in profit. And up last month, we were, we were at 15% profit. Nice. Congratulations. I'm convinced if he wasn't sitting in that meeting, that it wouldn't be at 15% because I think the mentality sometimes is we've got all this backlog, so we're good. It's there. The problem with backlog is if you're not producing it right away, you're not going to see a profit on a monthly basis.