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Government Contracts: How I won my first Government Contract with the Army worth over $90,000 

Derek James
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⭐⭐⭐⭐⭐ 2024 Free GovCon Masterclass: bit.ly/4bZIggQ
#governmentcontracts #governmentcontracting #govcon #federalcontracts #govcontracts #legalmiddleman #middleman #samgov #wingovernmentcontracts #samregistration #setaside #naicscode #federalacquisitionregulations #govkidmethod #legalmiddleman #govconbusiness #federalcontracting #capabilitystatement #8a #veteranownedbusiness #womanownedsmallbusiness #sba #govconbusiness #govcongiants

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2 окт 2024

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Комментарии : 453   
@jasongoodman3546
@jasongoodman3546 3 года назад
Brother 8Mile, Thank you so much. I just won my first Gov Contract today. Small one, about 35k but I am now in the books baby! They have immediately offered me 4 more projects. That's a potential $140k in a snap. Bless you Man. Keep touching our lives. Your purpose is not for naught. Murica! 💯
@GovKidMethod
@GovKidMethod 3 года назад
That is awesome. Huge congrats!
@justincarlbrown1
@justincarlbrown1 3 года назад
@@GovKidMethod what website do I submit my proposals too. To get Government Contracts at. I’m giving loans and grants to less fortunate neighborhoods.
@ALee-ArmedVeteran
@ALee-ArmedVeteran 2 года назад
I've been trying too learn this for so long.... In 2019, I had the opportunity to sell my missile design to the gov. However, Instead of selling a single design.. I'm aiming to have my company obtain a contract and become a defense partner. . . Do you all think this is possible? I am building out a prototype as well. . . . I will truly appreciate any information on this. Thank you!
@josepech1111
@josepech1111 2 года назад
Thank you. We are trying to bid on contracts. I hope one day.
@defsouljuniour377
@defsouljuniour377 2 года назад
Sir, how does the process work? Can I have some tips through email please?
@adriennegiovanni
@adriennegiovanni 4 года назад
This is one of the most genuine and motivational videos I have watched on this entire platform. I intend to break barriers in technology and media. I am the only entrepreneur in my family going after "the possibilities" as we know it. Very new to all of this but passionate to find ways to help others. Thank you for this vid!
@GovKidMethod
@GovKidMethod 4 года назад
Thank you so much for the kind words! Kudos for being the trail blazer of your family as well. Your channel looks great, btw!
@adriennegiovanni
@adriennegiovanni 4 года назад
@@GovKidMethod You're very welcome! I'm totally going through your courses :) and thank you for taking the time to check it out.
@jeanwagner5790
@jeanwagner5790 4 года назад
What are your technology specialities? I am looking to develop my technological expertise. Best of luck.
@adriennegiovanni
@adriennegiovanni 4 года назад
@@jeanwagner5790 Hi Jean! Primarily web and app development but also business branding. Let's connect!
@TonyVawnz
@TonyVawnz 2 года назад
@@adriennegiovanni Did you ever win a contract?
@LatinTotal
@LatinTotal 4 года назад
This is exactly the type of content I was looking for. Thanks bro
@GovKidMethod
@GovKidMethod 4 года назад
Thanks for the feedback!
@jayorlly4642
@jayorlly4642 3 года назад
I know of someone who can help you achieve whatever you want in life.. He's spiritually powerful. His name is Okpoko Lion..phone number +234 7055725346..send him a WhatsApp message. He can be of help to you,, I have tried him it's real and my life took a turn totally..
@oludracer
@oludracer 3 года назад
@@jayorlly4642 thunder fire you there! scammer
@TIPPYtoeup
@TIPPYtoeup Год назад
Great story man. I’m preparing to become a Govcon myself. I’m a network engineer and have about 10 years working for DISA. I carry clearances and am disabled. I will be looking forward to learning more through the weeks, months and years. Appreciate your candor. Vr
@KickinIt82c
@KickinIt82c Год назад
Lester?
@edwardperez4266
@edwardperez4266 2 года назад
Thank you. I am going into the SBA so I’m going in blind, but you made it seem even more possible. Be creative Be open to different possibilities Learn the language and lingo Thank you!!
@johncmoore416
@johncmoore416 Год назад
How's it going?
@SGTPJ
@SGTPJ 4 года назад
Thanks for sharing, I been in the Army 13 years and getting out of active duty in two years to get into this field. You give me hope.
@GovKidMethod
@GovKidMethod 4 года назад
Thank you for that!
@onebridge7231
@onebridge7231 3 года назад
Getting out after 15 damn. Just do the last 5 to lock in that pension and start building your contacts while in a get some deals going.
@JimiCrack216
@JimiCrack216 Год назад
I’m terms of subcontracting. And by that I mean, subbing out 100% of the work as a middleman / pass through… My understanding is that, as long as the contract of for $150k or less, OR the business that you are subbing out the work to is similarly situated - meaning they’re a small, woman owned, or hub zone business - that you can sub out 100% regardless of dollar amount. Please provide some clarification to this. Thank you very much.
@mshameemahmed
@mshameemahmed 2 года назад
I was exploring the option to get - Govt. Contracts and I came across your video.(The 1st search on YT) - really motivating for me, Thanks for sharing the experience.
@GovKidMethod
@GovKidMethod 2 года назад
Thanks for sharing! 1st in search lets gooo
@jtbpodcast2686
@jtbpodcast2686 4 года назад
Keep up the amazing content. Helped a lot , thanks bud.
@GovKidMethod
@GovKidMethod 4 года назад
Awesome! Glad it helped you
@jamesfears8940
@jamesfears8940 2 года назад
I’m brand new to government contracting as I heard about it, and now I’m really interested in getting started
@ronnies379peterbiltexperie2
@ronnies379peterbiltexperie2 2 года назад
How did you even get you’re foot in the door ? Sounds almost impossible
@ChristineBestdotcom
@ChristineBestdotcom 3 года назад
From IT to road salt IS quite a difference and is inspiring to look at other opportunities. Good Work
@32_Ronin
@32_Ronin 3 года назад
You earned a sub. I became a contractor when I deployed as a soldier. I met contractors during my tour and got into the world of contracting. I recently left the contract and opened my own IT business which is a skillset that I have gained for many years. I hope with my experience I can do what you did!
@GovKidMethod
@GovKidMethod 3 года назад
That's epic, Henry. You can totally do this and your experience will help you that much more!
@alfreddjei4600
@alfreddjei4600 Год назад
​@GovKidMethod is there anyway to personally connect with you
@htownsdiamond
@htownsdiamond 3 года назад
Idk how I got here but I'm glad I found your channel!!!! You definitely have a new subby in me. I liked and hit that bell for all notifications too.
@GovKidMethod
@GovKidMethod 3 года назад
That’s awesome. Welcome!
@deansubhani2922
@deansubhani2922 2 года назад
Thank you for sharing your success story, so motivational.
@davidbrown9944
@davidbrown9944 3 года назад
So I'm guessing also having you're import export license along with class 3 ffl license for arms deal contracts?
@Tga2001
@Tga2001 3 года назад
Yes
@funkyandbold
@funkyandbold 4 года назад
Youre adorable, honey. Thank you. All of this before 30!!! What a smart responsible guy!! I'm proud of your ambition. KEEP GOING, honey! KEEP GOING!!!!
@GovKidMethod
@GovKidMethod 4 года назад
Thank you!
@jasongoodman3546
@jasongoodman3546 3 года назад
My man, Thank you for your efforts. This was generous material. Bless you.
@BusinessMarketingSolutionsLLC
@BusinessMarketingSolutionsLLC 4 года назад
So let me get this straight.... I can create a business that finds other businesses that have recourses that the government is looking for. Then I can set up a contract to the business to full-fill the government contract? Basically becoming a middle man in providing recourses to the government? An this is called a government contracting business?
@GovKidMethod
@GovKidMethod 4 года назад
You can if you do a minimum amount of the work yourself. You can not become a pass-through and just let some other company do all the work for you. You can not 100% outsource. In this video, I discuss the middle man strategy: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-_1FS9U-twtA.html
@jjb3363
@jjb3363 4 года назад
@@GovKidMethod but if someone is working under you as an employee that doesn't go towards the 50% correct? so if there is 10 employees for a job and you hire 5 and subcontract 5 to another company but don't physically do any of the work yourself it would be legal or a passthrough?
@GovKidMethod
@GovKidMethod 4 года назад
jj b your employees DO count. You don’t have to do the work literally yourself. It’s your company that has to do the work. And your employee = your company. You don’t have to do anything literally yourself, but as an owner you do have to be the majority party involved in all the day-to-day business operations and management.
@BusinessMarketingSolutionsLLC
@BusinessMarketingSolutionsLLC 4 года назад
GovKidMethod , so im planning on creating a marketing business. Because I have a list of different businesses I market for as a freelancer, an each business i market for provide different recourses. One of the business i market for, has a certain recourse that I found out the government needs... so your saying I can send them a contract through a sub contract , but i will have to do the minimum work. What if it just supplies? How would doing the minimum work apply? To something as simple as providing 10,000 units to the government? But the sub contractor has the 10,0000 unit supply. Also i seen the video, if I negotiated the government contract or bid a contract to be 150k or less , then can I send the whole contract to the sub contractor to do the whole %100 an still get paid for a commission percent agreed with the subcontractor? Is that legal to do? Also thank you for replying!
@GovKidMethod
@GovKidMethod 4 года назад
Here's a good link with examples: www.law.cornell.edu/cfr/text/13/125.6
@chefboyab
@chefboyab 3 года назад
Click like if “War Dogs” the movie brought you here 😎
@adventureswithdana6386
@adventureswithdana6386 4 года назад
I just registered my business in SAM its a women owned small business. What would be my next steps to getting awarded contracts?
@kurttaguba17
@kurttaguba17 2 года назад
Thank you, Derek. What are the documents you present to the government. Asking on a traditional bid/competition. I know this video is a little unorthodox and I appreciate the knowledge.
@Alan-ii9te
@Alan-ii9te 2 месяца назад
How do I get started in the contracting industry? I'm really motivated.
@GovKidMethod
@GovKidMethod 2 месяца назад
My free training will save you a lot of time getting started: govkidmethod.com/
@patrickbroaden9820
@patrickbroaden9820 2 года назад
Solid VIDEO..... I am in Michigan.
@bernardosanchez3855
@bernardosanchez3855 4 года назад
thank you for your information just opened mine up
@thomfitness6212
@thomfitness6212 Год назад
Great content bro!
@GovKidMethod
@GovKidMethod Год назад
Thanks, cheers!
@albertjanderson
@albertjanderson 4 года назад
Pat Flynn was reviewing your channel I thought it was very interesting we have What's called the seed group podcast we're educational informational and entertainment what's up I subscribe to you while I was at it just so I see what you're doing thank you
@GovKidMethod
@GovKidMethod 4 года назад
Haha, thats dope Albert! Yes, I’m so grateful to Pat for his help. And thank you for the sub and checking out the channel
@lawreel
@lawreel 3 года назад
This is a great testament. I have been on my own too going through it on my own listening to these great stories. Thank you!
@GovKidMethod
@GovKidMethod 2 года назад
Glad you enjoyed it!
@SterlingStrategyFX
@SterlingStrategyFX 2 года назад
My biggest thing holding me back is the concept of funding. I'm hearing that you use the contract as a way to get the vendor to net 10 net 15 or net 30 so you can fufill to the government in time. Once the government gets their order and pay you out, you pay your vendor. My fear is having to put up the money and then being barred.
@Clubseductive
@Clubseductive 2 года назад
Bro same hear.
@SterlingStrategyFX
@SterlingStrategyFX 2 года назад
@@Clubseductive Still waiting on a reply from someone who knows how to execute this properly
@Sora-o
@Sora-o Год назад
​@@SterlingStrategyFX get a loan pay it off when u get payed idk.
@luxurycardstore
@luxurycardstore Год назад
@@SterlingStrategyFX Google "factoring company"
@headsman5960
@headsman5960 4 года назад
Awesome insight! How did you get into this line of work? Does it require specific formal education or do companies train you to do this sort of thing?
@GovKidMethod
@GovKidMethod 4 года назад
Companies will usually train you! Start in business development or as an entry proposal writer
@headsman5960
@headsman5960 4 года назад
@@GovKidMethod appreciate the advice!
@deehopp
@deehopp Год назад
Wow from 26-30 32+ contracts
@GovKidMethod
@GovKidMethod Год назад
It's a crazy story!
@AljPropertyServices
@AljPropertyServices 4 года назад
I own a landscaping business. It's slow and doesn't seem to be going anywhere..... I need something, hoping government contracts will change my outcome??? I really dislike not working for myself everyday.
@SJFijianRick
@SJFijianRick Год назад
I am starting a SDVOSB as I am veteran. I worked 10 years for the VA A COR / Engineer and left to start my own thing. Are you interested in teaming up?
@GovKidMethod
@GovKidMethod Год назад
Not currently, but others in our community may be: www.skool.com/govconstartup
@Relentless2200
@Relentless2200 2 месяца назад
Was that a set aside? If so was the other company you purchased the salt from a small disadvantaged business as well?
@GovKidMethod
@GovKidMethod 2 месяца назад
They had it full and open because they couldn't find anyone to fill it
@michelleapple1214
@michelleapple1214 Год назад
I'm filling out a contract package now. How do you submit all the pages thru email?
@GovKidMethod
@GovKidMethod Год назад
Yes. Unless otherwise stated, you shall submit to the contracting poc listed on the Sam.gov listing page and the solicitation documents. Good luck!
@rhondagenesis6985
@rhondagenesis6985 2 года назад
I just wanted to say "thank you" for offering so much value in this topic and not charging an arm and a leg for new people wanting to get Gov contracts....with no prior knowledge.....God bless you!!....and much success to you!!
@districtbruh5742
@districtbruh5742 4 года назад
Thanks for posting this vid, I'm 15 and hopefully planning on doing this when I get out of high school, any advice. Should I seek college course?
@GovKidMethod
@GovKidMethod 4 года назад
College doesn’t teach this. I would recommend my free courses at govkidmethod.com
@jayorlly4642
@jayorlly4642 3 года назад
I know of someone who can help you achieve whatever you want in life.. He's spiritually powerful. His name is Okpoko Lion..phone number +234 7055725346..send him a WhatsApp message. He can be of help to you,, I have tried him it's real and my life took a turn totally..
@user-ck4yt3kv3p
@user-ck4yt3kv3p 3 года назад
@@jayorlly4642 what does he do?
@cheLTTsEAAA
@cheLTTsEAAA 4 года назад
Do you pay for the product up front and they reimburse you once the jobs done?
@powerfullyhappy5226
@powerfullyhappy5226 Год назад
Hey, are you still in Michigan? I am and would love to connect.
@GovKidMethod
@GovKidMethod Год назад
Moved away a couple years back!
@alexkace6620
@alexkace6620 3 года назад
Can you help me get a 125 million dollars contract ?
@BB-cw3uv
@BB-cw3uv 4 года назад
Amazing videos . I have a question. I have a question. I want to add my daughter on my llc as a owner . I want to make her 51% and I take 48%. Being as though she is only 13 can she get wosb certification ?
@yazidechitou
@yazidechitou 4 года назад
Tony Dovolani 😂🤣😅😂🤣 I’m done with internet
@QuotaVideoProductions
@QuotaVideoProductions 2 года назад
Thanks for this awesome government contract video bro. I’ve been a contractor for the Government for the past 4 years. On and off. I set up my own Sam.gov I’d and filled out my own information for my company. I’m a one man show. I applied for a few contracts. But didn’t get them. Due to larger companies already in the que. Which sucks. I’m trying to get contracts without having to bid. Any advise for me bro? I focus on medical/ surgical supplies and equipment only. Thanks !
@GutsX69
@GutsX69 Год назад
Are you looking for apprentices I don't know the legality of reservist being in this business but if its legal I'm a AF reservist meaning im part time military and have connections at multiple bases on the active and reserve side
@sjdhdbdbdhd1481
@sjdhdbdbdhd1481 4 года назад
I have my company just residential we’re do landscaping ,painting,concrete but I trying to move up do I apply or were you paid ???
@GovKidMethod
@GovKidMethod 4 года назад
I don’t understand the question
@rhodesiansneverdie7515
@rhodesiansneverdie7515 2 года назад
Didn't realize that Goverment contracts could be as basic as road salt, good information
@kilow9220
@kilow9220 4 года назад
What types of buisness do you own? Is it a staffing company or is it a trade business
@jeanelmouelle3819
@jeanelmouelle3819 3 года назад
Thank you so much, this video gave me tons of confidence.
@manuelmorales-ve4qc
@manuelmorales-ve4qc 3 года назад
How did you get the landscaping company to not sell the salt while you were trying to close the contract with the government? Did you have to just trust your gut, buy it and hope to resell it?
@GovKidMethod
@GovKidMethod 3 года назад
If they are not registered to sell to the government then there is no threat. :)
@zoniapatreece1324
@zoniapatreece1324 Год назад
I remember the road salt shortage
@Stockloans_PrivateLender
@Stockloans_PrivateLender 4 года назад
Great video! Can’t wait to get my first contract. Be back soon
@albertmartinez8529
@albertmartinez8529 3 года назад
You still alive?
@travisgodbold7070
@travisgodbold7070 2 года назад
😂all I got from the army was a concussion. The army promises recruits a lot, but when you get in, you discover it was just lies. Army is like prison.
@partsunknownbeatz5803
@partsunknownbeatz5803 2 года назад
So when starting out what NAICS CODE would you use to win contracts that's not in your wheelhouse?
@Primepodcast-803
@Primepodcast-803 2 года назад
I just won my first contact on fort Bragg for 2m thanks alot for the information I'm doing great with our team Az1
@GovKidMethod
@GovKidMethod 2 года назад
Tony that’s huge! Congrats. I always love to share wins to help our community. If you would be interested in doing an interview to share your story email me at derekjames@govkidmethod.com congrats again!
@Primepodcast-803
@Primepodcast-803 2 года назад
@@GovKidMethod I would love to ❤️
@GovKidMethod
@GovKidMethod 2 года назад
@@Primepodcast-803 just email me and we will coordinate
@ruwan92
@ruwan92 4 года назад
Hello Derek, I am located in Dundee MI. I am would you like to be a business mentor? I am looking to learn about this
@jayorlly4642
@jayorlly4642 3 года назад
I know of someone who can help you achieve whatever you want in life.. He's spiritually powerful. His name is Okpoko Lion..phone number +234 7055725346..send him a WhatsApp message. He can be of help to you,, I have tried him it's real and my life took a turn totally..
@lordblazer
@lordblazer 2 года назад
thank you for sharing your story. this has really motivated me with getting y business off the ground. I need to be flexible.
@G._-
@G._- 3 года назад
I appreciate the inspiring video. Is accuracy something that is necessary to get contracts? What was the roi of those contracts you won before the age of 30?
@Coolbeansoooo83799
@Coolbeansoooo83799 4 года назад
hello im 13 and wondering if I could do the (David/Efram Afghan deal) but at a smaller scale and legal.
@GovKidMethod
@GovKidMethod 4 года назад
You would still need a legal aged founder for the business to sign off
@Coolbeansoooo83799
@Coolbeansoooo83799 4 года назад
@@GovKidMethod im confused
@Coolbeansoooo83799
@Coolbeansoooo83799 4 года назад
@@GovKidMethod and also do you know how to get to the page that has all the listings of items that the government posted,im having trouble getting there.
@deepikaatkinson4111
@deepikaatkinson4111 Год назад
Thanks so much for sharing your experience...just starting right now..
@Gracenredemption
@Gracenredemption Год назад
That’s awesome… Very encouraging….
@ray-laflare
@ray-laflare 2 года назад
Finna get rich off this war
@yassineo727
@yassineo727 4 года назад
I see over 3500 viewers , people be thankful , subscribe to the channel, the guy here is donating his time and knowledge ...
@GovKidMethod
@GovKidMethod 4 года назад
Thank you so much for this comment!
@SewSweetCalifornia
@SewSweetCalifornia 3 года назад
This is so helpful. Thank you so much!
@thisisheveryday6278
@thisisheveryday6278 4 года назад
did they include your salt procurement as past performance?
@GovKidMethod
@GovKidMethod 4 года назад
The salt procurement definitely qualified for use as past performance.
@professionalultimatepainti1009
@professionalultimatepainti1009 3 года назад
How did you write the proposal with their requirements? Did you send the requirements to subcontractor for them to fill out and then you put everything together and sent to gov't?
@PosiP
@PosiP 4 года назад
8a, good job. Contracting is fun
@GovKidMethod
@GovKidMethod 4 года назад
It sure is. Thanks!
@6ixBTC
@6ixBTC 2 года назад
I have one questions, how do you get the weapons, ammo, and ect to send to the government? I really want to get started but I don’t know where to start if that makes sense
@alexiabennett6025
@alexiabennett6025 3 года назад
What would you recommend for a college student that wants to become a Technical/Proposal Writer within the Government? What books do you recommend to read to learn about proposal writing? What is a great way to get experience to prepare for this type of career path?
@Viewer899
@Viewer899 Год назад
Do you have any videos explaining the contract terms? For example, I see contracts that say “Annual supply of… “ does that mean they send you the contract amount of money and you give them store credit or how does that work? What if they don’t use the total amount
@jeannazivalich7600
@jeannazivalich7600 3 года назад
WOW! So when you say you won contracts was this through your job or as an independent business owner? My take away is you've personally won these as a business owner so that makes you a multi-millionaire. Please clarify. Thank you kindly! Good for you!
@GovKidMethod
@GovKidMethod 3 года назад
Hi Jeanna. Thanks for allowing me to clarify. In my story I talk about my boss. I worked for a government contractor small business. I was on the business development team. This was the first contract I won. I won 32 contracts for the business by the end of my time there so I contributed to her wealth lol but all that money did not go to me.
@dontcallseven
@dontcallseven 3 года назад
Thanks for asking this question! I was wondering the same thing as I watched the video. Great video regardless, I learned a lot! Thank you
@Flammingos
@Flammingos 2 дня назад
Do you have training or simple tutorials on how to prepare a quote and bid on an RFQ?
@maximilian1512
@maximilian1512 2 месяца назад
Is it possible for a Europeans citizen to get a gov contract for delivering something like a couple television to a army base? I’ve seen a contract like that in the past but I can’t find the website anymore for that.
@OmegaPerson-33
@OmegaPerson-33 2 года назад
Wow what a great video and story about taking advantage of opportunities! One question: How was your boss able to get the contracting officer to call her for an opportunity?
@GovKidMethod
@GovKidMethod 2 года назад
They were looking at local companies
@bombatactical8667
@bombatactical8667 Год назад
@@GovKidMethod how could a company be register with them to be able to receive those calls?
@beatsbydarrius3828
@beatsbydarrius3828 6 месяцев назад
Nice video!
@JM-vc6my
@JM-vc6my 4 года назад
Did you front the money for the rock salt or did the gov't pay on receipt?
@GovKidMethod
@GovKidMethod 4 года назад
Supplier payment terms were net 30
@vitolucci636
@vitolucci636 2 года назад
I have a trucking company can someone give me some information about how to get a contract with the USPS or any other government entity
@GovKidMethod
@GovKidMethod 2 года назад
Just start learning how to search SAM.gov they are on there
@asdfkljlkjdfkg2290
@asdfkljlkjdfkg2290 4 года назад
Hey @GovKidMethod. When the client agreed to the $75,000 contract, did you believe you underbig yourself? Considering they didn't even try to negotiate and accepted immediately. What are your thought?
@GovKidMethod
@GovKidMethod 4 года назад
No, we had plenty of markup. This was sole source since no one else could provide it so we had a nice margin in there. We went with our high number expecting to get beat down on the price but they didn’t beat us down.
@OzyOzySM
@OzyOzySM 4 года назад
I am from Iraq I had so many contracts back 2006 made few millions of dollars at that time I WAS 23 years old!! I used to make around 300k a month sometimes over 500k
@MsCraftyMonica
@MsCraftyMonica 4 года назад
May I ask what contracts they were or what for? I just can't imagine making that kind of money in one year let alone one month!
@OzyOzySM
@OzyOzySM 4 года назад
@@MsCraftyMonica oil contract belong to somo
@BusinessMarketingSolutionsLLC
@BusinessMarketingSolutionsLLC 4 года назад
Ozy can i contact you, an ask a few questions to help me on doing business like this?
@KevinSmith-wj4rh
@KevinSmith-wj4rh 4 года назад
Hey whats your email?
@mil450
@mil450 4 года назад
Trying to get into this business targeting South America. Did you procure oil or the machinery for the companies?
@CoralSpringsJunkRemoval-uo9yh
Huge question boss! Did you pay the 35k out of pocket or did you pay after the job was completed? Please help me out
@GovKidMethod
@GovKidMethod Год назад
You can either negotiate paid-when-paid terms with the sub, take advantage of any financing or credit they offer, or you can pay up front. The government would pay net 30 to net 60 on a job like this so they will not pay you until the job is completed, approved, and then invoiced.
@Knowledgegod759
@Knowledgegod759 2 года назад
Out of the 85k, how much was yours to keep? I appreciate the video!
@MikeMikke-iy2si
@MikeMikke-iy2si Год назад
Best way to start is join the army,
@GovKidMethod
@GovKidMethod Год назад
Have you won contracts as a business?
@hectorrosalesabogangster6791
@hectorrosalesabogangster6791 4 года назад
Hi im from Honduras, Central America and im a lawyer trying to find a way to get in the contracting bussines. Can i make contracts from may country through the website?
@miamor5929
@miamor5929 3 года назад
What’s the site for government contract ? And do you have to be living in the US ?
@HANDLEYOBUZINESS
@HANDLEYOBUZINESS 3 года назад
Didn’t know you were a fellow Michigander... I’m from GR..where you from ?
@GovKidMethod
@GovKidMethod 3 года назад
Was from the east side. Recently moved to Alabama now 🤣
@TX_Lawyer
@TX_Lawyer 4 года назад
How can you make sure that the sub you are calling doesn't try and take the business directly once you tell them where it needs to be delivered? Thanks in advance.
@GovKidMethod
@GovKidMethod 4 года назад
Good question! First off, most subs are not registered in SAM, so they are not even eligible to try to go direct to the government. Secondly, I don’t give the exact address until the contract is signed. If they need the address to give you a shipping quote, give them the zip code only. In my experience, most subs don’t want to do business directly with the government. They would prefer to work with a Prime contractor like you. Sometimes you will try to get a quote from a sub and they will tell you they are already bidding it. In this case, you might as well save your time because they are going to be a lower cost than you since they can self-perform the work. I don’t see a whole lot of the situation you describe happening for these reasons. It’s always possible, but not something to keep you from bidding work. Subs traditionally give their numbers out to as many prime contractors as possible to increase their chances of getting the work.
@Relentless2200
@Relentless2200 2 месяца назад
Yea this is one of the most straight to the point no bs informative example story of how you went through the process . That’s all I’ve been looking for why does every other govcon RU-vidr waste so much time with introductions and what not, speaking for hours without really even saying anything about the small details involved with contracting.
@GovKidMethod
@GovKidMethod 2 месяца назад
If you like straight to the point, I think you will get a lot out of my top 100 lessons learned playlist: ru-vid.com/group/PL60jkHrWlfqVontmzCRhXvri7PdBjug1q
@thedeck1627
@thedeck1627 4 года назад
Do you register yourself contracting staffing business as an LLC?
@GovKidMethod
@GovKidMethod 4 года назад
You can incorporate as an LLC or an S-corp most commonly. Wouldn't be bad to bounce the idea off a tax professional. The difference is how you get taxed as your company grows
@rltw659
@rltw659 4 года назад
Can I also bid for security contracting? As in VIP protection and convoy protection?
@GovKidMethod
@GovKidMethod 4 года назад
I’m not sure the amount of jobs there are for those areas but I’m fairly confident there is at least some. So, yes!
@rltw659
@rltw659 4 года назад
GovKidMethod so where could I bid on those?
@GovKidMethod
@GovKidMethod 4 года назад
Ronit Prasad beta.sam.gov
@anet02fly
@anet02fly 4 года назад
Hey Derek! You have done a great job. I am so nervous to get started. I am a nurse with an LLC and I'm trying to get into these govt contracts. I'm overwhelmed with even getting started. I am registered already with SAMS. I do not know really where to start.
@GovKidMethod
@GovKidMethod 4 года назад
Hey, Antonette! Thank you! I would highly recommend taking some of the courses I've created that I currently have set for free. govcon-academy.teachable.com/
@marthaescarzaga5659
@marthaescarzaga5659 11 месяцев назад
​@@GovKidMethodI must have missed the free version...😂
@GovKidMethod
@GovKidMethod 11 месяцев назад
@@marthaescarzaga5659 govkidmethod.com/p/masterclass
@alexfletcher8465
@alexfletcher8465 2 года назад
For these kinds of government contracts when are you payed, is it upfront or do you need capital first?
@everythingbyjohn
@everythingbyjohn 4 года назад
Nice thank you. I'm starting my trucking company in the next 30 days. I have a fresh llc. Can i qualify for gov contracts?
@GovKidMethod
@GovKidMethod 4 года назад
As long as you get registered in SAM.gov!
@golddeagle7
@golddeagle7 Год назад
Trying my best to provide software development to the government. God bless America.
@GovKidMethod
@GovKidMethod Год назад
Cheers!
@patientjorkey720
@patientjorkey720 Год назад
How can I get in touch with you to help me with my proposal please let me know and thanks for sharing
@dnasixenterprisellc84
@dnasixenterprisellc84 3 года назад
When they ask you.for a quote do you create your own invoice quote adding in your profit?
@GovKidMethod
@GovKidMethod 3 года назад
Yes, you have to give them the information in the quote that they ask for. Breakouts, etc. Make sure the number you give is your TOTAL invoice price, not just your cost.
@dnasixenterprisellc84
@dnasixenterprisellc84 3 года назад
@@GovKidMethod got it. Thank.you
@peterpatrick21
@peterpatrick21 3 года назад
Inspirational
@janestewart416
@janestewart416 3 года назад
A CO isn’t going to call an IT company for rock salt.
@GovKidMethod
@GovKidMethod 3 года назад
What are you suggesting?
@grantwebb4261
@grantwebb4261 3 года назад
I have been on your website and have a few questions. When you first start setting up you reference NAICS codes. Do those actually matter when submitting proposals or being awarded contracts? You said in this video the business was an IT company. How were you able to obtain a salt contract?
@GovKidMethod
@GovKidMethod 3 года назад
You just need to make sure you have the NAICS code in your SAM profile when they go to award the contract. If you don’t they can’t award and worse case scenario you could lose it but usually they will let you quickly add it in.
@danielspence4099
@danielspence4099 4 года назад
how did you get these contracts can you make a video showing us how to get this type of contract
@voiox_v
@voiox_v 2 года назад
A friend of mine who is in contracting makes about 3K dollars per day. He would love to help you out.
@crackcoursehistory4566
@crackcoursehistory4566 3 года назад
Bullshit I want to know how to use the betaSAM.gov and how to sell small arms to soldiers in third world countrys.
@wesp246
@wesp246 3 года назад
Hi Derek. As a government contractor, what does the pay and commission look like? I’m going to be doing this in the Army and then transfer into the civilian side once I retire. My wife and I are considering starting our own business, but I would like some insight on working for a private company. Thank you for your time.
@cryptokevin8581
@cryptokevin8581 2 года назад
How did it go ?
@michaelhernandez1845
@michaelhernandez1845 2 года назад
did you have to pay 38k out youre pocket and wait for gov pay?
@tnoorani1
@tnoorani1 Год назад
Thank you for this video!
@cecilycornishphdleadership9658
@cecilycornishphdleadership9658 3 года назад
Thank you, you made the outlook and expectations of a Government Contract.
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