Builder Stories

How to Build Strong Profit Into Your Remodeling Business

Jun 18, 2025
In this conversation with Dominick Thompson, founder of Watershed Builders, listeners get a glimpse into his unconventional journey from the automotive industry and military to remodeling. He emphasizes that anyone can build a successful business, sharing insights on confidently pricing jobs and strategically hiring. Dominick discusses how trade relationships and clear team roles fueled his growth. Plus, he reveals how effective social media strategies can attract high-quality leads and the importance of solid financial management for sustained profitability.
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ANECDOTE

Dominick's Unique Entry to Construction

  • Dominick Thompson joined the Air Force at age 29 to pay for college and learned construction through military tech school.
  • He started Watershed Builders in 2019 after rising from executive assistant to project manager over eight years.
ADVICE

When to Make Your First Hire

  • Hire your first project manager as soon as you can't effectively manage all jobs yourself.
  • Base further hires on sales volume and project manager capacity to ensure quality management.
ADVICE

Outsource Bookkeeping Early

  • Outsource bookkeeping early to maintain clean financial records and support growth.
  • Use software compatible with your systems to simplify bookkeeping tasks.
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