How do you go from college student to building a Multi Million Dollar Moving Business? Justin Hodge started Muscular Moving Men & Storage in 2008 with his co-founder and current CEO, Josh Jurhill, when the two college buddies started posting ads on Craigslist. Sixteen Years later, the company has completed more than 35,000 local and long-distance moves for homeowners, businesses and celebrities! In their first year in business, their gross revenue was $19,000 and at the time, they were thrilled! Now, the companies total revenue is estimated to be near $17,500,000 in 2025 with over 25 Trucks and over 100 Mover Athletes locally!
In This Video, Justin will explain how he and his partner started their successful moving business, the busiest time of the Year for moving, the breakdown of his office and the flow a client goes through to book their moving services, his expected revenue and net income (including profit margins!), the most challenging aspects of owning a moving company, how he's been able to find his customers, how he prices his moving and storage services, and startup costs and strategies for rapidly increasing revenue!
One advantage of starting a moving and storage business is that you can begin with a small team, like Justin did, and it doesn't require prior experience. This episode is helpful for any aspiring entrepreneur looking to start their own moving and storage company OR one that is looking to take their business to the next level!
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Muscular Moving Mens IG: / muscularmovingmen
Muscular Moving Men Website: muscularmovingmen.com
Timeline:
0:00 - Intro
0:54 - What Do Moving Services Typically Cost?
1:43 - Company Origination Story
3:33 - Operations and Back End Breakdown
4:59 - Company Revenue and Net Income
6:48 - What Caused a Dip in Your Revenue in Previous Years?
8:08 - Best Month in Revenue?
8:44 - What is Contributing to Company Growth?
10:10 - Biggest Challenge During Busy Season?
11:31 - How Do You Price Your Moving Services?
12:48 - Why the name Muscular Moving Men?
13:54 - Workout Facility
14:21 - In Office Mini Mart & How It Saves Company Time
15:13 - Why Incorporate Storage Services?
16:09 - Storage Benefits and Revenue
18:04 - What does a customer Pay for Storage?
18:20 - How Many Trucks do You have on the Road?
18:40 - Is it Better to Own or Lease Moving Trucks?
19:34 - Importance of B2B Relationships
21:43 - Company Startup Costs
24:21 - Word of Advice for Other Entreprenuers
26:37 - Outro
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2 авг 2024
