I don’t have a major business but the most profit I’ve made was 4K and it took a total of 6 days Mon-Saturday job was complete. Total job: $10,125 Materials were $2,800 Labor: 3,325 Profit was $4,000
The most money have made on job profit on a job was $2210 from a $3500 sod installation job. Spent $940 materials and $350 labor. It was done in a 1.5 days to complete. After the job was complete we had left over sod and did another section for the customer for $700. So total profit 2760 for 2 days work.
You beat me lol had an exact same job same amount of materials but did it in 2. My mistake? I should have had my sod delivered for $100 instead of running around 3 times to pick up and wasting time and gas. My profit was $2100.
@@DanielRuiz-oz4ts if dealing with multiple pallets, that delivery charge is worth every penny. esp when u can have them place the pallets around the work space where needed
Most I've profited was 18k in 30days. 2 months ago. Now I'm a week into breaking that record. I am a solo LLC stainless steel fabrication business. Just took a downpayment for a 29,730 job(highest sold job so far) approximately 17k in costs and 8 days of building/installation. Plus 2 smaller jobs that will bring about 8k more in profit this month. Motivated as f to gain more momentum
Most money I have made on a job was probably about $10000 but that was for a 2-3 week project. Most money I have made in a day was about $4000. $6000 sale, $1500 in materials and $500 in labor. Sometimes you get lucky haha
23 years old i own a concrete company in ky. Excavated formed and poured 3,000 sq ft broom finish pool deck. And did the footing , slab, and plumbing of a pool house. Total was 34k profit was 20k 5 days total
The company I work for own their equipment, but each job still pays the company rent and maintenance on the equipment they use (based on expected hours). That way, if we need outside rental equipment - costs are already built into the initial estimate.
After reducing all your direct costs from the project total, that would be considered your gross profit, not necessarily bottom-line profit. What about overhead costs?
Overhead costs are calculated and in the back of your mind. Your focus is on generating as much income as possible. You arent in profit until you cover your yearly overhead. So if your overhead is 15k a year you need to clear that first 15k as fast as possible. It takes 16k to make your first 1k. If you dont see your business covering that you need to make a pivot each quarter to adjust your strategy. Maybe you need to do 100 small jobs or maybe you need to focus on nailing 3 big jobs. Make well thought out pivots and you can sidestep alot of the pitfalls that people run into because they wait until the problems explode before thinking about how to pivot. Your overhead will be covered because you are thinking of thriving rather than surviving. The old saying "sales cures all" still holds some weight.
You forgot to factor in how much it costs you a day just to start the trucks and get to the job. Your truck, trailer, and equipment payments as well as your liability, workers comp, and auto ins. All the equipment and trucks and what not you have it has to be somewhere around $200 to $400 a day I would imagine.
Super interesting video. I appreciate it because I personally wouldn’t post a public video with prices and profits. You always put out great content. Best of luck!
Did a storm cleanup that looked very bad, a couple trees fell down. I charged $2100, walked away with $1800 after paying my guys, and it only took half a day.
First thing I noticed was the rental ditchwitch . I like the videos like this one with number break downs on jobs . Like you said it’s not all roses on jobs .
My highest profit margin job was a $1300 job that took 2 hours. Removed 4 yards of stump grindings and dirt, graded area and prepped client so they could seed the area. Costs: Machine rental $75 for the 2 hours (machine was used on another job later in the day) $50 in labor and $120 dump fee. Total profit $1055 (82% profit margin).
Profit must always be more than expenditure. That's how you grow. The key to success is to always try to double your money. I've learned my speech is the most important thing, I know how to convince a customer. I'm in the same building maintenance field as you, I'm 26 years old, but before I'm 30, I want to be a millionaire. All the best bro.
I own a turf install company. On small jobs I tend to make 1200-1500 profit a day. Bigger jobs like 2,000 sq ft and up. I noticed I was only making 800-1000$ a day. Working longer and stressful hrs. I would give clients a discount on those bigger jobs. Yes we would be on the jobs for 5-8 days. However I have to pay out more for rentals for the big jobs and more labor cost. Just didn’t make sense to me, making less per day on bigger jobs. So I don’t discount anymore for bigger sq ft jobs. Since I end up having to pay more per day for rentals, dump fees and overall cost. As well the little jobs are less headaches and less back n less planning
You can’t add all of those charges to that one job though. The only charge applicable to that job is the rental used in that job. All the other costs are just the costs of doing business.
Tigran, are you making sure to factor into your bids the wear and tear on your equipment and tools! Including Factoring in for repairs? What is your P&O percentage?
I have 12 projects going on at the same time. I hired more project managers! Every dollar counts. The end of the day it adds up to thousands and thousands of dollars profit!
But your channel is all video games. You ain't got 12 projects going unless they're matches on call of duty. Quit with the bs there's no reason to get on TH-cam and lie we don't know you bro.
In the drywall industry as a sole proprietor just starting out. 18yrs young working on getting my license.Biggest job was 5k with $4800 profit after materials finished in 2 days. (hang drywall,tape,orange peal texture, paint). Bigger jobs to come ‼️
Tigran Gertz yup. I do jobs where I sometimes have materials left over such as (drywall, mud, screws, tape, mesh tape, plastic etc). So I take it home and store in garage untill I will use for another job. This job I did not have to purchase all the materials as I had what I needed at home. I also run equipment like boxes and bazooka to help speed up the process and those has paid for it self
why are you deducting your repairs from the bottom line of your profit ? I could understand the rental but the repairs are an overall deduction for the year
Great video T, can you make a video on how to get your landscape contractor license in California. I'm 24 and studying Accounting but I want to also learn a trade. Any steps on acquiring a contractors license. Thanks!
Maybe my boss is a different breed in Jewishry and money hunger. Maybe he knows how to speak to the owners a bit more. Unsure. But he sends 3 guys out instead of 10 and pockets more for himself. Probably what it is. Had a 2 day job for 3 guys. Irrigation, grass, had to backfill with dirt since the persons yard was all types of messed up. We brought a big for mini so we finished it in 2-3 days. I picked up two envelopes and both were 15k in cash. Also he does a lot of shortcuts, uses cheap material instead of what is supposed to be used at times.
Coming into 2021, finally get to benefit from my own equipment getting fully paid. Those repair expenses is what I always dread, 25% is fair I always shoot for 35% because something always happens and I end up with 25%!
Because he is studying the best in the west guy. This guy miss informs people. Tells them to go in debt. The irony is this dousch bag doesn't even have a contractor's liscense. Biggest fake player on TH-cam. What a worm shit.
Sadly I learn the hard way. But I feel I’m on the right track. So far the most I have earned on a job is a complete remodel where I made $6000 extra profit
I think you should make more money 💴 Here in Oregon you can make even more with only 5 employees Ooh 😲 and You forgot to add taxes/workers compensation/insurance/advertising/ Good luck 🍀
Is goat gang mainly landscapers or do you have other trades in there? Most money I've ever made on a job was about 12k on a 44k project, 3 week project.
You forgot to mention the call your gonna get in 5 yrs saying you owe the state a milli for that job.. those idiots are ruthless, they have no talent so they extract it from you like a disposable crop! There is sooooooo many better ways to make excellent money.
The homeowner is a foul to pay that much money for the type of work. That’s a easy weekender with family and friends that’s is savy with concrete work and a little bit of labor.
I suspect you must be figuring in a rather large labor rate for yourself or you cannot manage labor properly. Less humans and more machines buddy. As others have said own your equipment and rent to the job. As others have said your profit needs to be at 50% or you’ll die.
Don't forget, insurance, accounting, financing, tax person, advertising, media, apparel, tools wearing out. Lots comes in, lots goes out.
lol thats pocket change compared to the money made by the end of the year
known as overhead
I don’t have a major business but the most profit I’ve made was 4K and it took a total of 6 days Mon-Saturday job was complete.
Total job: $10,125
Materials were $2,800
Labor: 3,325
Profit was $4,000
I am in a different type of hustle..made 20k on a deal...it’s great to watch you make Money on your hard work!
The most money have made on job profit on a job was $2210 from a $3500 sod installation job. Spent $940 materials and $350 labor. It was done in a 1.5 days to complete. After the job was complete we had left over sod and did another section for the customer for $700. So total profit 2760 for 2 days work.
You beat me lol had an exact same job same amount of materials but did it in 2. My mistake? I should have had my sod delivered for $100 instead of running around 3 times to pick up and wasting time and gas. My profit was $2100.
@@DanielRuiz-oz4ts if dealing with multiple pallets, that delivery charge is worth every penny. esp when u can have them place the pallets around the work space where needed
Most I've profited was 18k in 30days. 2 months ago. Now I'm a week into breaking that record. I am a solo LLC stainless steel fabrication business. Just took a downpayment for a 29,730 job(highest sold job so far) approximately 17k in costs and 8 days of building/installation. Plus 2 smaller jobs that will bring about 8k more in profit this month. Motivated as f to gain more momentum
Join Goat Gang! Lol
Most money I have made on a job was probably about $10000 but that was for a 2-3 week project. Most money I have made in a day was about $4000. $6000 sale, $1500 in materials and $500 in labor. Sometimes you get lucky haha
23 years old i own a concrete company in ky. Excavated formed and poured 3,000 sq ft broom finish pool deck. And did the footing , slab, and plumbing of a pool house. Total was 34k profit was 20k 5 days total
Congrats bro I’m also 23 with a concrete company I know it can be stressful but fuck it that profit pays off
The company I work for own their equipment, but each job still pays the company rent and maintenance on the equipment they use (based on expected hours). That way, if we need outside rental equipment - costs are already built into the initial estimate.
I really appreciate the videos because seeing the transformation is entertaining and the business part it a bonus 🐐
The most my dad has made was like $3,000 a week
$400 dump fees and $2000
I love your content T!
After reducing all your direct costs from the project total, that would be considered your gross profit, not necessarily bottom-line profit. What about overhead costs?
Overhead costs are calculated and in the back of your mind. Your focus is on generating as much income as possible. You arent in profit until you cover your yearly overhead. So if your overhead is 15k a year you need to clear that first 15k as fast as possible. It takes 16k to make your first 1k. If you dont see your business covering that you need to make a pivot each quarter to adjust your strategy. Maybe you need to do 100 small jobs or maybe you need to focus on nailing 3 big jobs. Make well thought out pivots and you can sidestep alot of the pitfalls that people run into because they wait until the problems explode before thinking about how to pivot. Your overhead will be covered because you are thinking of thriving rather than surviving. The old saying "sales cures all" still holds some weight.
You forgot to factor in how much it costs you a day just to start the trucks and get to the job. Your truck, trailer, and equipment payments as well as your liability, workers comp, and auto ins. All the equipment and trucks and what not you have it has to be somewhere around $200 to $400 a day I would imagine.
Why does my boy not have like a million subscribers already? Damn good job! Get that money 😁
Super interesting video. I appreciate it because I personally wouldn’t post a public video with prices and profits. You always put out great content. Best of luck!
Did a storm cleanup that looked very bad, a couple trees fell down. I charged $2100, walked away with $1800 after paying my guys, and it only took half a day.
Paul Goes Fishing that’s amazing. So that everyday 🤑🤑
First thing I noticed was the rental ditchwitch . I like the videos like this one with number break downs on jobs . Like you said it’s not all roses on jobs .
Dude it’s amazing how total destruction can turn in to amazing landscaping, this is badass work applewood 👍💪
Thanks Tigran for these videos. Honesty is so helpful to new guys.
My highest profit margin job was a $1300 job that took 2 hours. Removed 4 yards of stump grindings and dirt, graded area and prepped client so they could seed the area. Costs: Machine rental $75 for the 2 hours (machine was used on another job later in the day) $50 in labor and $120 dump fee. Total profit $1055 (82% profit margin).
Wattup T! I’m from San Jose as well and just made $3,000 profit on a $5,000 job after material and labor. Took 3 days.
Profit must always be more than expenditure. That's how you grow. The key to success is to always try to double your money. I've learned my speech is the most important thing, I know how to convince a customer. I'm in the same building maintenance field as you, I'm 26 years old, but before I'm 30, I want to be a millionaire. All the best bro.
I own a turf install company. On small jobs I tend to make 1200-1500 profit a day. Bigger jobs like 2,000 sq ft and up. I noticed I was only making 800-1000$ a day. Working longer and stressful hrs. I would give clients a discount on those bigger jobs. Yes we would be on the jobs for 5-8 days. However I have to pay out more for rentals for the big jobs and more labor cost. Just didn’t make sense to me, making less per day on bigger jobs. So I don’t discount anymore for bigger sq ft jobs. Since I end up having to pay more per day for rentals, dump fees and overall cost. As well the little jobs are less headaches and less back n less planning
Agree
You can’t add all of those charges to that one job though. The only charge applicable to that job is the rental used in that job. All the other costs are just the costs of doing business.
Tigran, are you making sure to factor into your bids the wear and tear on your equipment and tools! Including Factoring in for repairs? What is your P&O percentage?
Built a 500 sqft deck in Palo Alto w/ custom pergola. 10 days 17k, 8k profit
I have 12 projects going on at the same time. I hired more project managers! Every dollar counts. The end of the day it adds up to thousands and thousands of dollars profit!
But your channel is all video games. You ain't got 12 projects going unless they're matches on call of duty. Quit with the bs there's no reason to get on TH-cam and lie we don't know you bro.
first month in business, $1300 mulch job. - 500 in material - Finished in 3 hours. small job, decent profit
Just need 5 of those a week now!
Thank you for your videos, I have a Ladnscaping company struggling a little bit but will make it.
In the drywall industry as a sole proprietor just starting out. 18yrs young working on getting my license.Biggest job was 5k with $4800 profit after materials finished in 2 days. (hang drywall,tape,orange peal texture, paint). Bigger jobs to come ‼️
Jorge Lopzzz $200 on material????
Tigran Gertz yup. I do jobs where I sometimes have materials left over such as (drywall, mud, screws, tape, mesh tape, plastic etc). So I take it home and store in garage untill I will use for another job. This job I did not have to purchase all the materials as I had what I needed at home. I also run equipment like boxes and bazooka to help speed up the process and those has paid for it self
You have slowly grown on me T keep up the good work pal
$1260 profit - $2085 job total - $425 material - $400 labor
Love it T thanks for sharing. Whats your fixed cost overhead every day, like insurance, payments etc
Jack Decker have a video coming on that!
Whats the cost per day on owing all that equipment and trucks and insurance per day... thats a huge number missing from the equation
Love your videos and am learning a lot watching though!!
You failed to add office and marketing costs. There is so much other costs that people have no idea we as business owners have.
I dnt see over head?? Is that the labor? The deasil you used that week gas or was the 6 grand home depot charge?
why are you deducting your repairs from the bottom line of your profit ? I could understand the rental but the repairs are an overall deduction for the year
How did you get your skilled labor to be able to lay pavers....did they just learn on the way?
Great video T, can you make a video on how to get your landscape contractor license in California. I'm 24 and studying Accounting but I want to also learn a trade. Any steps on acquiring a contractors license. Thanks!
www.tgertz.com/shop program #1. thats the first one i made.
My most profit in one day was 4100 dollars . I removed 3 big trees but we dont get those jobs that often.
Woah, that's awesome my man
What about overhead? Was that factored into the labor cost?
Maybe my boss is a different breed in Jewishry and money hunger. Maybe he knows how to speak to the owners a bit more. Unsure. But he sends 3 guys out instead of 10 and pockets more for himself. Probably what it is. Had a 2 day job for 3 guys. Irrigation, grass, had to backfill with dirt since the persons yard was all types of messed up. We brought a big for mini so we finished it in 2-3 days. I picked up two envelopes and both were 15k in cash. Also he does a lot of shortcuts, uses cheap material instead of what is supposed to be used at times.
FruityShatter 3 guys would have done this job in 1 month. The demo would take a week
Commercial paver job 5,000 sq ft. $8 per square foot with no material costs. 14 days, $33k in profit.
Strong vid 💪🏽
Don’t you calculate equipment fees per job regardless if you owe it or not? The equipment is being used and an expense should be calculated
Yes you are right
Good insight on the truth good stuff man hard work!
what are your costs/production day? Considering a 1800/2k/day target?
I’m doing great installing Flooring. $26,000 a month.
How often do you get jobs
One a day
Dam big money
Every week.
Profit or gross 🧐
this one your best videos yet !!
I made $10k looking at my computer screen about 10 min a day 3 stays a week for a month....
Expenses $0
Plus my salary
hows that
Coming into 2021, finally get to benefit from my own equipment getting fully paid. Those repair expenses is what I always dread, 25% is fair I always shoot for 35% because something always happens and I end up with 25%!
Andres Acosta that’s dope!!
Question: Do you have the technical knowledge and skills to do all the work or you trust your workers?
Do you have any office staff or a shop? Thought for a business your size you would.
Nice video! Would be great if some one could do a video like this for a tree service business
Tree service is 40% 50% profit
What made you decide to get the breaker for the skid steer over the excavator?
Because he is studying the best in the west guy. This guy miss informs people. Tells them to go in debt. The irony is this dousch bag doesn't even have a contractor's liscense. Biggest fake player on TH-cam. What a worm shit.
Grady Wray mine is awesome I can use it on both. Mini ex and 259. I’ll make a video on it
Brian Thomas damn b. Comin at me hard. 🙅🏻♂️🙅🏻♂️🙅🏻♂️
@@brianthomas4762 calls someone a worm shit. But is subscribed to him🤣. Funny you talk shit on a static IP address. 19,544,562,01💀🤣
Tigran Gertz oh thats awesome.
Like seeing the success and the struggle🐐
Saludos desde aquí de Portland Oregon
In the painting industry we try to aim to 40% to 50% Gross Profit margins
The most I made was 5k in one day. Materials was 900 and labor was 900 I charged 6,800
Sadly I learn the hard way. But I feel I’m on the right track. So far the most I have earned on a job is a complete remodel where I made $6000 extra profit
Profit from the job 7464 dollars, profit after maintenance and repair to unrelated assets 4410 dollars.
DavinR16 damn you’re fast haha
How much tax to you think you would need to pay?
How do you account for paying equipment and trucks? Out of profit? Do you charge the job for your time?
Bryan message me and I can give you some tips about running a bushiness and how to figure out your numbers
@@sirthecraftsman1998 don't know how to message on TH-cam but what are your tips?
@@bryanthomas544 do you have zoom or face book facetime? If so let me know and I can sit down and explain it more in detail
@@bryanthomas544 send me a message on facebook bud! I'll help you out with some numbers, let me know, i have some free time this afternoon
I think you should make more money 💴
Here in Oregon you can make even more with only 5 employees
Ooh 😲 and You forgot to add taxes/workers compensation/insurance/advertising/
Good luck 🍀
Luis Avendaño it’s in there.
I'm pretty sure that the labor part includes the Overhead (and any other indirect cost) but, I can be wrong.
Tigran Gertz when are you going to present us your staff?
3R1n 26 next video hector is in it
Great video T. Thanks
It’s ALL ABOUT THE NUMBERS! Watch them. My first posting on your videos and WILL NOT be the last. Thanks Tigran. 10-07-2020. 6:04 AM
Ruben Cardenas first time!!
Is goat gang mainly landscapers or do you have other trades in there? Most money I've ever made on a job was about 12k on a 44k project, 3 week project.
Andres Acosta there are many traders. Not only landscaping
@@TigranGertz thanks, I'll check it our to sign up!
I signed a $74k snow contract with Amazon Mid winter, and never plowed after that. Best profit I've made. 🐐
Nice!!
Go applewood!
Great job T!
good info T. thanks for sharing.
I need a job.Thinking of joining goat gang
Same
Tony McSteven thinking of joining goat gang
So the workers are getting paid 600 a day ?
Need more of these vids for sure.
Great Job Tdog
Michael Stone’s Markup and Profit. It is the way
Yup
But wait! I just bought a new e35 😂
Imagine only having 2 workers that are good and have all machinery , profit would’ve been 〽️
What about the gas???
40% net profit is what should be earned on Hardscaping projects.
I see you’ve been doing this for about a month.
you have 6 guys in a crew. 15k labor for 5 days... you pay them well:)
Thank you for this video Tigr
Never mind them "haters" in different area's AROUND THE BAY good work AIN'T cheap . AND THEY SHOULD NO THIS MMMAN!!!!
What bout taxes and overhead?
what about it
Way too much on labor. Almost 50% !
You and Alex Monopoly look alike . You guys must have some similar roots
Small jobs are better. We can do $4,000-$6,000 profit per week
With 2 guys and I try to be there and help for a couple hrs.
good breakdown.
Can make 7 grand a day in tree work
Still equipment fails and people don’t show up but
Why do you pay so much in labour?
He lives in the bay area
10 guys. how much is it by you?
You forgot to mention the call your gonna get in 5 yrs saying you owe the state a milli for that job.. those idiots are ruthless, they have no talent so they extract it from you like a disposable crop! There is sooooooo many better ways to make excellent money.
Also you forgot taxes buddy add another 12k on that 31k
i totally agree
The homeowner is a foul to pay that much money for the type of work. That’s a easy weekender with family and friends that’s is savy with concrete work and a little bit of labor.
Deagan Z let’s go D
lol sure thing
The California labor laws and taxes are wild
@@oscargalindo9679 Im a roofing and solar contractor in so cal. I know exactly what the labor laws and OSHA standards are.
bueno bueno 👏🏼
Make more videos like this👍
What about the taxes lol 😅
Always impressive work!!
New channel here, support appreciated!!🙏
25%.
I suspect you must be figuring in a rather large labor rate for yourself or you cannot manage labor properly. Less humans and more machines buddy. As others have said own your equipment and rent to the job. As others have said your profit needs to be at 50% or you’ll die.