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Why Two Owners Need More Than 1.5x Work

Why Two Owners Need More Than 1.5x Work

Update: 2025-12-11
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Tyler answers a listener's question about two belt-on GCs teaming up in a 50-50 partnership and trying to keep things simple while still making real money. He breaks down how to price owner labor, define roles, track time, and protect both your margins and your friendship when you run a tiny company with two owners.

Show Notes:
00:00 Two owners, tiny company
05:26 Ryan's email setup
08:00 One and a half myth
10:19 Where you make money
13:00 Self perform vs subs
15:00 Pros and cons of partners
17:20 Roles, risk, resentment
19:59 Tool belt vs business
25:01 Staying niche, lean overhead
29:29 Tracking time and overhead
34:25 Protecting the friendship
38:50 IBS tickets and outro

 

Video Version:
https://youtu.be/6b0RrhcuXT0

 

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Why Two Owners Need More Than 1.5x Work

Why Two Owners Need More Than 1.5x Work

Modern Craftsman