The Home Service Expert Podcast

Understanding the Complexities of the Commercial Landscape with Josh Young

25 snips
Apr 18, 2025
Josh Young, President of New Construction at Tempe Mechanical, shares his expertise in commercial HVAC and plumbing. He discusses the challenges of business growth and leadership in the commercial construction industry. Key topics include mastering financial strategies for profitability, the impact of private equity, and the role of technology and AI in operations. Young emphasizes the need for education in trades to address talent shortages and dives into the potential societal impacts of autonomous vehicles. His passion for building trustworthy client relationships shines through.
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ANECDOTE

Estimator's Sales Growth Story

  • Josh Young shared the story of an estimator who grew sales from $2 million to $15 million in a year due to motivation and pushing limits.
  • This illustrates how pushing people to exceed their expectations can drastically improve business results.
ANECDOTE

Learning from High-Rise Mistakes

  • Josh Young recounted the company's high-rise construction mistakes, leading to cash flow and manpower challenges.
  • They adjusted strategy focusing on smaller, more manageable projects for profitability and sustainability.
ADVICE

Manage Cash Flow by Overbilling

  • Overbilling and billing ahead helps manage cash flow despite slow commercial payments.
  • Structure contracts to enable getting payments sooner and avoid hitting cash flow problems.
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