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Josh Ferri Leading Lakeside Decking to $2 Million Success | F&D Mastery Podcast #33

📅 July 31, 2024 ⏱️ 41:58 🎤 Josh Ferri, Alex Danner

Chapters

Click to jump to section

  • 0:00
    Intro
  • 2:06
    Josh's story and evolving role
  • 3:15
    From cabinetry in Chicago to decking in Minnesota
  • 6:03
    Revenue growth: $400K to $2M
  • 6:37
    The 1099 production-based crew model
  • 8:47
    Pricing overages with pre-built line items
  • 11:31
    Markup that funds future growth
  • 16:59
    Offline vs digital marketing
  • 19:17
    The $60K advertising budget breakdown
  • 28:02
    Social media, CRM and JobTread
  • 30:16
    The biggest levers behind the growth
  • 32:28
    Advice for scaling a deck business
  • 37:26
    Why you should diversify marketing vendors

Speakers

J
Josh Ferri
Owner, Lakeside Decking
A
Alex Danner
Founder, Fence and Deck Marketers

Key Takeaways

✦

Josh Ferri grew Lakeside Decking from about $400K in 2022 to $735K in 2023 and is on pace for roughly $2 million in production this year, largely by getting himself off the job site and leading the company from afar.

✦

Switching from hourly W2 crews to a 1099 production-based pay model removed the risk of guessing how long a deck would take — crews now know exactly what they earn per build, and complexity like drainage systems or post wraps simply pays more.

✦

To avoid renegotiating every surprise, Josh audited past jobs for common overages (rock in a footing, rotted framing behind a ledger) and pre-built line items with set per-unit prices so the project manager and client can resolve changes instantly.

✦

His markup is calculated against an annual budget that intentionally includes future costs — a new truck, an office space — because those investments don't just happen and have to be priced into current jobs.

✦

With around 38 Platinum-level competitors within a 30-mile radius, Lakeside wins on a 'white glove' process in an industry not known for it, telling clients to 'buy Lakeside Decking, don't buy the deck.'

✦

The company spends roughly $60K a year on advertising (about $40K on Google/Facebook/Instagram PPC and retargeting), averaging 10-12 leads a week at a 20-25% conversion, and is only now layering in SEO as the slower long-term engine.

✦

Josh's core advice for scaling: know your numbers and correct markup first, then market; diversify vendors rather than trusting one agency to 'do it all'; and give paid channels six months to work instead of killing them after a week.

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