The Reasonable Contractor
In this episode of The Reasonable Contractor podcast, host Ryan Templin interviews Scott Corbin, owner of Corbin's LLC, a multi-trade contracting company running 40-50 jobs simultaneously. Scott shares his raw journey from substance abuse and starting with nothing to building a family of companies including excavation, painting/drywall, and tree services. He discusses the brutal reality of his first year bringing in $280K but walking away with only $70K, why he views his role as "firefighter and babysitter," and the mindset shifts required to scale. Key discussions include building a family culture, learning through expensive mistakes, and why finding your purpose before chasing money is essential. ---------------------------------------- TAKEAWAYS * Working 17-hour days and bringing in $280K meant nothing when profit after taxes was only $70K - revenue is vanity, profit is sanity * "Find the reason before you make the money" - if money is your source of happiness, you'll never have enough * The apostrophe in "Corbin's LLC" is intentional: everyone in the company is family and has a voice * Five big jobs per year make the real money; the team keeps the lights on the rest of the time * Losing money on a complex project (zip-up drainage system) was paid training - refusing to do it again would waste that investment * Surround yourself with people doing what you want to do; you become who you spend time with * The 18-22 age group is showing up hungry and ready to work; the 25-35 range is the hardest to find quality help * Reaching out for help is the biggest lesson in business - making something on something beats zero on nothing * Legacy matters more than cashing out - Minnesota Rusco's collapse shows what happens when you lose control of your vision * College isn't wrong, trades aren't wrong - it depends on whether you want a 9-to-5 or to build something with no ceiling ---------------------------------------- SOUND BITES * "Find the reason before you make the money. Because if that's the reason why you're happy, there will be no end to the happiness. You will never be happy." * "There's always better on making something on something than zero on nothing." * "I started with nothing. Absolutely nothing. I woke up in Minnesota in a treatment center going, how did I get here? That's when I started." * "Pick up that shovel. Sweep the shop. If I could go back to doing stuff like that, I would pick it every day of the week." ---------------------------------------- CHAPTERS/TIMESTAMPS 00:00 — Introduction and Scale of Corbin's LLC 01:30 — Early Years: Custom Woodworking at 15 03:30 — College, Substances, and Hitting Bottom 05:30 — Treatment and Starting Over with Nothing 07:00 — The $10,000 Challenge from His Wife 09:00 — Working 17-Hour Days: $280K Revenue, $70K Profit 12:00 — Building the Corbin's Family Culture 15:00 — Expanding: Excavation, Painting, Tree Service 18:00 — "Firefighter and Babysitter" - The Owner's Role 21:00 — The Zip-Up System: Paying for Training Through Mistakes 25:00 — Relationships Over Revenue: How Big Jobs Get Won 28:00 — Montana Log Home Project 30:00 — Minnesota Rusco Collapse: Legacy and Cashing Out 35:00 — Find the Reason Before You Make the Money 38:00 — Advice for the Trades: Who Should Join 42:00 — The 18-22 Year Olds Are Showing Up Hungry 45:00 — Moral Shift in America and Encouragement 48:00 — AI Tools and CRM Integration (Otter AI) 50:00 — Wrap-Up ---------------------------------------- KEYWORDS/TAGS Corbin's LLC, general contractor, residential remodeling, Minnesota contractor, scaling a contracting business, contractor mindset, substance abuse recovery, family business culture, trades career, contractor podcast, Twin Cities contractor, legacy business, contractor advice
12 episodios
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