Why I Traded My Wingtips for Work Boots

Why I Traded My Wingtips for Work Boots

October 04, 20254 min read

The Millionaire Contractor Coach

Saturday Newsletter

October 4, 2025

Read on my website ⏱️ Read Time: 2 minutes 20 seconds

Why I Traded My Wingtips for Work Boots (And What I Discovered In Connecticut)

Hey,

I just spent two days this week with a group of hard-working concrete contractors at the Concrete Foundations Association Executive Retreat in New Haven, Connecticut.

6 years ago, I traded my wingtips for work boots and haven't looked back since. I used to hang out with bankers, but contractors are "my people" now.

I chose to work with contractors for many reasons, but especially because they have the toughest cash flow challenges of any industry (and I should know after spending decades helping thousands of clients across 50+ industries).

Before heading out to visit jobsites, I was invited to share my framework, "The 7 Numbers that Make You A Millionaire Contractor."

The feedback was tremendous as we spent an action-packed 90 minutes together reviewing how you can take home $1M on a $5M contracting business.

Imagine what you can do at $15M, $20M, and $40M+?

Everyone was leaning in and asking great questions like:

• "How do I get paid quicker?" (That's #6 = A/R Collection Days)

• "Should project managers be included in Labor?" (That's #2 = Gross Profit Margin—the KEY number)

• "What numbers should I be looking at on my balance sheet?" (#5 - Current Ratio, & #7 - Equity)

This was not some boring accounting seminar. Nobody wants that, including me.

This is about two things:

1. How do you generate a dollar?

2. How do you keep more of what you already earned?

When you talk about making money, everyone leans in.

A number of contractors approached me after the roundtable discussion and throughout the day. Ideas were exchanged, insights were gained, and I believe lives are going to be changed.

But here's what really struck me:

These contractors could build anything. Pour perfect foundations. Manage complex job sites. Handle million-dollar projects in their sleep.

Yet when I showed them how shaving just 10 days off their A/R collection could put six figures back in their pocket? Jaws dropped.

One contractor pulled me aside: "Patrick, I'm doing $10M and reinvesting $500K back into my company for the future. How much should I be making?" Even though he has good profit margins, I reminded him that the enemy of great is good, and he could be earning 2x of what he takes home today.

He's not looking for technical skills. He's looking for CEO skills.

This is exactly why Jerry Aliberti and I are hosting "From Builder to CEO" on November 13th at 11am EST.

While I'll show you the financial side—those 7 numbers that create millionaire contractors—Jerry brings 20+ years of operational expertise that transforms builders into strategic leaders.

Together, we're revealing:

• The 3 systems that separate $10M+ contractors from everyone stuck below

• Why your current financial reports are misleading you (and what to track instead)

• How to build a business that runs without you on every job site

• The exact blueprint we used to help contractors break the $50M ceiling

Those contractors in Connecticut? They're brilliant builders. But at some point, being a great builder isn't enough. You need to think like a CEO.

If you're tired of working IN your business instead of ON it, join us.

[Register for "From Builder to CEO" - November 13th at 11am EST →]

To building wealth, not just projects,

Patrick Shurney, MBA
Founder, 3P Consulting
📞 443.539.6276
Helping Contractors Become Bankable, Bondable, & Capital-Ready

P.S. – Jerry and I will be answering your specific questions live. The contractors who implement what we teach typically see results within 90 days.

P.P.S. – That contractor who asked about his $10M plateau? He's exactly who this webinar is for. If you're hitting revenue goals but not income goals, we need to talk.

_____________

About Me:

As a veteran in financial coaching with over 30 years of corporate banking experience, my mission is to empower trade contractors like you to become numbers confident, optimize cash flow, leverage debt, and pay yourself competitively.

Ready for More?

Here’s how I can help you:

1.     Profit Blueprint Program: Get your finances sorted and build out a 3-year financial roadmap in the next 30 days.

2.     Loan Consulting: Get Bank Ready. With 30+ years of banking experience, I’ll make sure you're ready to approach lenders with a winning loan package.

👋 Hi, I’m Patrick!
I’m a Finance Expert and Coach. As a veteran in financial coaching with over 30 years of corporate banking experience, my mission is to empower small business owners like you to become numbers confident, optimize cash flow, leverage debt, and pay yourself competitively.

🗝️ 📈 I can help you become proficient with your business numbers in just 30 days, unlocking hidden profits of $25K-$75K+ in your business over the next 3-12 months.

Patrick Shurney

👋 Hi, I’m Patrick! I’m a Finance Expert and Coach. As a veteran in financial coaching with over 30 years of corporate banking experience, my mission is to empower small business owners like you to become numbers confident, optimize cash flow, leverage debt, and pay yourself competitively. 🗝️ 📈 I can help you become proficient with your business numbers in just 30 days, unlocking hidden profits of $25K-$75K+ in your business over the next 3-12 months.

LinkedIn logo icon
Youtube logo icon
Back to Blog

Copyright 2025. All rights reserved | PRIVACY POLICY | TERMS OF USE