Dude, you are a wealth of information... Covid cost me a perfectly good six figure job. I had no idea that a handy man could make that kind of money. Great job putting this info out for the rest of us.
Thank you for your videos. I definitely will start charging by the job. I have recently started doing handyman work. I am a healthy 69 year old who had a father who was a carpenter, but I chose to go into chemical sales out of college. It might have not been possible years ago, but I should have started doing home repair in my 20's. (You are never too old to start something new.) Keep up your good work. It is great to hear about your priority being you family. It is more important than any other thing this side of Heaven.
I"m glad i clicked on this video. Today I had one of the days you are talking about, had to check on material, meet a client, go to another project for one hour, and finish the day for 2 more hours. Your set up for daily, weekly and even monthly is very good, while having a much larger margin on those quick jobs. Ill keep this in mind.
Excellent video. I have been caught in the middle of bidding an hourly rate or bidding by job since I started my handyman business and after watching this video, I can recall many, many times where I have basically given away free time traveling to and from the job getting materials or talking longer with clients and losing lots of money. I definitely have some sitting down to do and figuring out that billable hour.
Thanks for explaining the best way how to charge by the job. Because I always do a lot of sides job and the price and the time some jobs take,working by the hours don’t worth it. AWESOME JOB KEEP IT UP
I do a flat rate pricing. Faucets 125.00 per, my average ticket is around 295.00 that's less then a hour of work. Sometimes it's more, but my average day with no roll over work is between 1-2 thousand a day
@@merrifieldgalos6248I guess you don’t understand that customers don’t HAVE to pay this guy to do the job. There is a choice after all. Anyways, good for him for making great money!
I've been doing field service and I bill at $125 an hour because I'm working on unique problems like fixing an old CNC machine or diagnosing a production line etc. But your point is great that when it comes to repeatable things like fixtures, door replacement etc, you can earn more by giving a fair price and being quick. This is the first time I heard about this shee/ exercise and I'm going to try it out.
Just found you and like the others, great job! love your straight to the point videos. A brake down of the numbers sounds great also maybe your thoughts on strategy of how to get the ball rolling and how to pick jobs. I’m assuming that there are good jobs and walk away quickly type of jobs
Great video! Could you break out your expenses on excel or a white board. Also explain all the expenses you use. Could you also explain how to forecast recapturing your expenses as billable hours. Thanks!
Hey crazy father of 7 here. I did appreciate the transit video haha. Anyway thanks for this video. I'm conteplating getting back into the handyman business because I took a year break from it. Got a crazy good paying piece rate job, but now things are slowing down. Anyway if you could do the whiteboard video that would be awesome. This is where I messed up the last time. I did bid by job but I didn't make the customer pay for everything. Luckily I still have my truck, tools, and trailer and could go to work tomorrow, but I'm really looking at how to structure the business better. Thanks a lot for the content!
Great video! I came across you and so greatful I did. I'm the administrative asssistant for a handyman company. Few questions I have for ya! Do you provide free estimates? If so, do you at least include a trip charge to cover for fuel expenses. Another question, do you have other asssitants working with you at your jobs, trying to determine if our pricing structure is inline. Thanks a bunch for your informative fun and engaging videos!
Great job with the video. Appreciate the insight wondering if you could give some more information on how you break down your full day and weekly rate? Thanks again.
David, you have helped me grasp a good bit through your videos. Excellent job. I have a question, when you first started out as a “handyman” did you only take jobs that you KNEW you could do or had experience with or did you venture out of your comfort zone with customers. I’m kind of afraid of messing something up due to lack of experience in certain areas.
Well ur way on doing mark up for all the expensives for the day and for the month confuses me somewhat. It sounded like your giving the estimate and if they except your doing the work right away. How do u know what your mark up should be in the beginning of your day if u don't get a job later in the day. I always just shoot for 600 min a day profit . Of course if I'm filled up with work. If I only have 3 small jobs for the day I make sure I work out the profit margin for all three to get my 600 profit. If I have more jobs for the day or some bigger jobs for the day I obviously start maneuvering my pricing strategy to profit more. But I rarely ever do an estimate then the work the same day.
Great information dude! What about an estimate, where that's all the customer wants for now? Myself, I will charge $75... and if the accept my bid within 24hrs, I'll wave it. I do like the tip on giving a couple of different options... I believe they will almost always choose one when the have options.
Dude, your videos are the best handyman videos on youtube. 15 minutes of solid content. You have mentioned in previous videos some sales training you received for the service call industry. Are there any books or online resources that have comparable content?
So I was an electrician for 5 years and our company was part of Nexstar Network. They are specifically the business behind the business. I spent countless hours in training and in seminars with them. As far as materials out there I'm not sure. Shoot me any questions you might have an I'll do some videos for them!
Hey friend. I’ve been really interested in running a small handyman business . I enjoy fixing and replacing things. I’ve enjoyed your videos. They are very clear and informative. By the way I was a little star struck this morning lol I seen you at my local Home Depot. I was gonna stop and talk for a second but you were on a call so I didn’t want to stop you. Anyway take care and any more advice you can give would be great. I’m a little nervous to start because I’m just concerned about supporting my family. But on the other hand I would love to be my own boss. Is it worth being in your position ? Thank you!
Agree man- I price all my work by the job. Simplifies it for the client. They have 1 number to think about. Of course I have been bit a time or two cause I ran into a problem where I missed something on my walkthrough. That’s just the price of education is how I look at it. Do the job and learn how to be better then next time.
And I've only been doing it for 2 years I've had standard window replacement go from a $300 job to $800 and there mad like it's my fault water decayed there studs and knows a whole bunch of drywall damage it's a risky business but I like your mindset
Thank you for the insight, I have been pondering the idea of becoming a handyman for a little while now but I have to ask with your own small business what do you do when it comes to insurance like health insurance and things like that? I know in a previous video you had mentioned you have a pretty large family and it can't be cheap to go to doctor/dentist with no insurance.
So I plan on a follow up on insurance and overhead. I have really good business insurance for around $150/mo that doesn’t include auto. I also am a member of CHM (Christian Healthcare Ministries) for medical. Very reasonable.
Thank you so much but what do you say if that ground was burned up and it took you a hour and a half or when your changing out the valve body and the copper starts leaking from the shark bite I get what your saying but there's so much more unpredictable stuff I couldn't think of
I would like to know more about your sold day price. How do you figure what is acceptable for a sold day the charge and the number of hours? Thanks for giving me some things to think about. I have had a handyman business for 18 years and have fed the family while also building a large pool of customers but looking at how to schedule and bill differently.
This is great information. Thank you for giving back to the handyman community. I was hoping to connect with you as I host a podcast called The Handyman Hustle , would you be interested in being interviewed?
I just explain to them I don’t price jobs with time and materials. It’s up-front pricing. All inclusive for peace of mind. Rarely if ever do I ever have pushback.
How are you landing leads? How are you advertising? My business is on Google and Facebook. Nothing coming in as of yet, we started up in march of this year we are an LLC
Most of my calls come from Google searches, and referrals. Talk to local real estate agencies. They are always looking for handymn. Ask existing customers for reviews on Google. It dramatically affects your SEO. And keep at it!
