Love the videos man. I’m 25 and have just moved my side work into my full time job/business. Thank you for all the wisdom you are passing down. It is helping me tremendously.
Thanks Tom, you are one of the best guys out there coaching, you are absolutely right on what you say, we need to change constantly and training even when is so hard to break cycle and patterns.
Just created my company and your video have been super helpful. Been a carpe ter for 15 years but you touch on skills that I haven't trained for. Some book keeping facts would be helpful tho.
Tom is right. I've seen so many contractors using the same statements and excuses. I'm working in the marketing space and can't tell you how many don't put prices on their site or do not think about their marketing plan. It's like "hey, I'm going to hire you and I will sit on my but and wait". And obviously, there are even more things missing. So, yeah - great value as always. I've been following tom for a while and always use his advice when building sites and marketing stuff for my clients.
I use to make the same excuses. It takes time but, adjust and learn from your mistakes. If you want you it you will make it work. One thing that change my progress is being honest and having an assistant.
Dang you hit me a few times n I appreciate that buddy I will apply these things to myself cause it's true I thought I charge too much I won't work that hit me hard so ty
TOM good advice. Do what you say when you say for the price you say some advice for you respectfully your language probably cost you half of your viewers and there's no way you can stop yourself from talking that way around customers if you continually do it I don't let my employees use foul language around the customers or me I don't care if the customer swears like a sailor. I get told once or twice a month about how well-mannered my employees are makes me feel good just one of them roof dogs opinion keep up the good work
what do we do if the country you live in don't respect contracts? the state law's don't protect contractors or force clients to pay their debts. (MEXICO)
Talking $ is the main thing besides scope of work and besides the home owners name and address thanks tom happy new yrs I have applied alot of what you teach and it saves me time and makes me more money for my family
Why do people think contractors don't deserve the money for the skill experience they have and the quality work. I don't honestly buy into that. Some people have done it in the other saw that works
Yes said perfectly I always tell people when they say I charge more per hr than others " the cheap contractor hard reputation to get away from in s sm town'
I have a question if anyone can help me. I started a demolition company and I have been doing work for a family business that has taught me. Being I do not have a license and just submitted it, what can I charge to demo a bathroom? I typically do bathrooms for 2 brothers 3 weeks apart (They have the license). I do each bathroom in 4 hours. The entire thing. What can I honestly charge for a bathroom demolition? What can I charge for a bedroom? Can anyone help me figure this out? Will help me a lot when my license goes live.
Tom has a few RU-vid videos that might help: "What Is Your Break Even Sales Point & Why Does It Matter"...it comes with a work sheet you can download in the links. Another good one is "What's It Cost You To Operate Your Business For One Hour" Personally, I'm working it all out (mentally separating my wage from my company's profit is a big hurdle...but I like the concept) too...the last company I worked at charged $88/hr plus waste bin charge...keep in mind you are not charging your client for your time, but the company's time (which includes your wage inside of that.)
My guy with 45 years experience house framing is starting a business and he knows framing inside and out. He doesn’t know shit about marketing, budgeting, branding, finding jobs etc. I have to do this part as his partner. I will be responsible for the bookkeeping, payroll, finding jobs and all of the above things mentioned. We are going into this business at least 80,000 in debt! I am scared to death!
its true the unlicensed and illegals do take away and if you think that's not true you do not know what you say you know. Some areas have it a lot more than others
And in some areas it seems like they are the only guys that want to swing a hammer or be a material runner. And.... some guys who are legal hire whole crews of what appear to be illegals and are freaking grinding ... killing it, hard to fault in a way? Not saying if you pay super high amount or have dif incentives may get more employee prospects but pool is slim still depending where you are.
