Welcome to the ultimate hub for service businesses. I own a home service business that operates in over 40 cities nationwide, and I run it 100% remotely from my computer. I'm here to share my exact blueprint with you. Dive into actionable strategies, brainstorm new ideas, and discover tactics to kickstart or elevate your own business. In a tech-dominated era, service sectors are primed for disruption and present vast opportunities. Join me and unlock a world where your service business doesn’t just thrive, but dominates.
Back in 2022 when btc was at its cycle low, people where saying btc is done for it's going below $15k US it's going to zero. Well it's down 10% from mid March ath 2024 and now everyone is shitting themselves. That doesn't make any logical sense especially for crypto.Its just a shake out phase, chill people go zoom out at old charts. We are at around 1.4 trillion market cap and only growing, just wait and see the price next year in March it will double....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Evelyn Infurna, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
The key to financial stability is having the right investment suggestions for a diverse portfolio. Many investment failures and losses happen when you invest without proper guidance.
left out the most important part- what is your contract/liability template on your site? this seems like a lawsuit waiting to happen when .. cant find him addressing this on any similar video
When looking to sell on Amazon, you shouldn't just buy after having found a deal on a product. Some products are barred from being sold so easy. Research videos on: getting "ungated". This makes sure you're actually allowed to list the brands you'd like to buy.
Thank you very much for this video. It was a consolation that I stumbled into this video. I lost my job 2 days ago and I cried a lot. Please, if I may ask, does it not require getting license or registration to start the last one side hustle num 7?
Best video on RU-vid hands down, in the past 2 years of me looking for side hustles. Realistic easy to follow easy to start. Things that dont sound too technical things I actually heard of
Do NOT get into elevator repair without going through a 5 year minimum apprenticeship. I’m an electrician and work with guys who build and service them, it’s like 3 trades in one. HIGHLY skilled and they are usually the only trade getting paid more than us. Also the liability can be very risky
This was fantastic Tim. YOu honestly have some of the best ideas that you can actually make money with. I like how you explain everything clearly and concisely. This video was well done!!
A customer schedules a job on your website. The job information is then relayed to your sub-contractor/s. What do YOU do when the sub does not accept the job for that particular date/time or does not show up as scheduled and either you have no other subs available or you cannot do it yourself? Especially if the job was pre-paid online.
In many areas we have multiple subs to take on jobs and have worked out specific schedules with them. If for some reason they can’t do a job and we have nobody as a back up, then worst case we will cancel with the customer or recommend a competitor. Usually the customers card is just authorized and we process final payment upon completion of the job.
Great overview video. If i wanted to get into the gritty details of your entire model from A - Z, what would be your suggestion? Do you have this laid out in an entire course? Thx
I don’t have a course but have been asked by quite a few people to create something that guides them through this model in depth. I am still trying to decide what exactly that will look like. I’m open to suggestions. Would you prefer a course? a community? both? something else?
@@timrichardbusiness a course and a community... both actually, would straighten the learning curve a bit. I'd be happy to be part of your beta testers. I believe there are courses on how to develop a course. A course for your course...of course...lol. It appears you have about 40 or so videos already within your channel. So you might have some of the basics already fleshed out within those videos. Then it's just a matter of compiling them into a logical sequence... modules perhaps. Throwing in some good bonuses that will be ancillary to your course. And you'll have the beginning of something long lasting and spins off a residual income stream for you. Lots of potential in this space. You ever heard of Spencer Washington? He's doing something similar though his model requires much more hands on involvement and, consequently, makes scaling more challenging.
@@timrichardbusiness I love this and would like both. That way after the training we can all help each other with you chiming in as you can and for topics we are all really lost on.
These are great hustles. What an excellent presentation too!! Additionally, it's important to find hustles you can subcontract and become a business owner. Even just being a middleman between clients and someone on Fiverr is better. You can't scale if you're always doing the work and worse, you can't take a break or even retire. Approach side hustles with the mentality of eventual financial freedom. I became wealthy from a side hustle too. I was just obsessively intentional.
I love the garage door business. I realized how great it was last time I had to replace my garage door ha. I don’t do any coaching at the moment but possibly in the future.
i can always watch you content it superb.i decided to run my cleaning business but i can confuse in which state or city i can start it United in States of America please help....
I would find a city that is slightly smaller to mid-sized and that isn’t too saturated when you do some simple local searches. Also one where there seems to be promising contractors.
@jenmarkosian8720 There are a lot of ways to go about this and I would say it differs from business to business and will likely change as you grow. Ours used to be a complete mess ha. But this is what I have learned. Gusto is great for established contractors doing a lot of pick ups but they charge you monthly per contractor you sign up. Stripe can be connected to your booking software using zapier and will calculate and send payments automatically. Venmo and PayPal are easy for new contractors who are just doing a job or 2 to start. Hope that helps. And how soon we pay them also depends on the platform. Many get paid same day others on a set schedule
@@timrichardbusiness thank you. I appreciate this! Do you share the customers contact info with the people picking up junk? Do you try to get the customer to leave their items outside? Do you charge extra if there are stairs from where the items are being removed from?
Hi Richard! This video came at a perfect time for me. As I just started a local company this month but I would love to scale this remotely. Here is my issue - in order to price the service the mentor I learned from states you must go to the property to provide a walk through to quote it. (This isn’t a cleaning company but somewhat similar). I have to believe it’s possible so that I can scale. Any recommendations on how I can approach this? I can also email you.
Good stuff. Really enjoy your content. My agency runs lead gen ads on meta and Google ads for mostly clients in the fitness industry. This is next level though I’m diggin in
Thank you for explaining the links as well as this entire process so well. I finally understand and that is thanks to your explanations and examples for each!
Do you have a video that talks about how you mitigate subcontractors from “stealing” your customer when it comes to repeat verticals like cleaning. I’ve seen several times that the subcontractors just has the customer reach out to them directly for the next service and not go through the website to schedule… thanks
I have a video on hiring contractors that briefly covers this but I plan to make a full video on all the things that can go wrong with this business model and how to handle them.
Subs can definitely be a problem. I’ve had the same issues myself. Have subcontractors do the work when the “customer” isn’t around. Have subcontractors sign working agreements… ( difficult to enforce but better than nothing. ) There are a few other things that you can do but this isn’t the medium to explain.
This content is awesome!! On my third watch since you posted it an hour ago. I'm in the process of building a online brokerage of sorts in another niche and just happened to come across your videos. Appreciate all these golden nuggets.
Absolutely love the video! Starting mine as we speak, but have a brief question… What insurance would I need for a cleaning business? I already have my LLC and business permit. Since I am simply sending people work, would general liability suffice or do I need another form of insurance? I can’t seem to find much on this. If you can direct me to where I can find such information as well, I would greatly appreciate this! You rock, man!!
Wow! These are some great ideas, some one needs a strong stomach (and nose) for, some I would definitely like to try my hands and intellect on. Thanks for sharing
I used to have a restaurant until last year, and I paid 700 CAD for a 20 foot hood exhaust every quarter. I was very generous because the service provider was a small local business. Ensure you get a few quotes from your competitors before you price someone something crazy.
