Before September 11th, 2001, the construction industry was booming and subcontractors could afford to overlook some costs in their estimating systems. We had the mindset that most projects would make money, and even if some didn't, we would still be okay by the end of the year. But everything changed after 9/11. The economy became uncertain, competition grew fierce, and profit margins plummeted.
As an electrical contractor during this challenging time, we realized that losing money on even a single project could have a devastating impact on our company. We knew we needed a systematic approach to accurately identify and account for all costs in order to consistently win profitable jobs. Unfortunately, we couldn't find any existing software that fit our diverse range of services.
That's when we took matters into our own hands and created TurboBid, our own estimating software. And let me tell you, it transformed our business during those difficult times. TurboBid allowed us to calculate project costs accurately, giving us the confidence to bid at a reasonable price. It also gave us a competitive edge in negotiations, as we knew our break-even point and when to walk away. With TurboBid, we never lost money.
But the impact of TurboBid went beyond just our financial success. Our bid package, thanks to TurboBid, was far more professional and detailed than what our competition offered. This made us stand out in the eyes of our customers, who valued professionalism and attention to detail. They were willing to pay more for the assurance of a smooth and well-executed project. After all, why would they choose a contractor solely based on price? Relying on being the cheapest option is a sure path to failure.
The success we achieved using TurboBid inspired us to share it with other contractors. We created a marketable version and, in no time, transitioned away from contracting ourselves. We found immense satisfaction in helping other contractors become more successful, knowing the pressures they face and the desire to regain balance in their lives.
So, if you're tired of struggling in this challenging industry and want to start winning profitable jobs, TurboBid is here to help. Trust us, we've been in your shoes, and we know the difference it can make.