I am so thankful to be self-employed even though I am not where I want to be at right now..... But this job is allowing me to make money while listening to all of your videos all day while I'm painting and trying to scale and organize my business and online presence etc. Thank you for leading the way! 🙏👋
I love this shit! I’m working a 9-5. Started my own business. Currently doing some side work. Yesterday, just submitted my first proposal to make some friggin money!
Spanish listener just discovering this great piece of gold, I run a 35 employees refurbishment and construction company, and after 5 years we are making it profitable, because we took so few A players in the beginning, and after this time we discovered how important is an accountable team!! That's really make the difference.
I am 20 years old trying to grow my business as a landscape contractor and this was absolutely everything I needed to hear. All worries and questions validated. I was having a tough few weeks and this made it feel pretty good. Thanks again! #FW
@@zachnah5029 I did ok, got my license, picked up a bonafide FW for an employee and I just got a brand new excavator to keep up with my jobs. Not as far along as I'd like to be rn, but it's been good.
Ive operated My business for over 10 years and what this man is sharing is gold! Not just financially but also for the piece of mind that can't be bought.
Man where have you been all my life? Fucking awesome. Im starting my own business as a General Contractor and landed my first decent size job and you can imagine what the answer would be if you asked me if i learned something from hiring people to do a job. Paying yourself first I've been screaming to the last dumbass i fucking worked for. Dude you are the precise person i need to listen to daily. Thank you very much. I would love to talk to you if that was ever possible. I have over 25 years in Sales, Management and being a GM for companies and i got sick of making other people rich and getting shit money for it. Also integrity, you might have heard people say that before but I'm sick of working for people who are fucking evil and rip people off to unimaginable extreme greed levels with no care of others and who they are hurting at all. Thank man and im listening.
I got one of those shirts. My kids were old enough for me to tell them straight what it meant. I ALWAYS go back to this video when i need some motivation.
Accountability is so rare now days I always hold my self accountable be it showing up late I dont give excuses I just work harder cause I feel like I messed my whole day up or if I mess something up I say I did it and I fix it. I’m a stone mason and I know in my field there is such a lack of accountability and respect. Great video I’m starting my own company in a few months and your videos have been such a blessing to watch, keep up the great work.
I appreciate this video. I've painted for over a decade. Knew nothing about business when I started. Been learning as I go and as a business person I've wasted lots of time and money and ill aimed effort. I'm getting the business polished one crucial step at a time thanks to honest and open videos like yours. Thank you.
Your videos have changed my perspective. And helped my anxiety at night of not having work. I’ve only been in business a month, but you brought me hope. Thank you for the amazing content!
Thank you, great video. I just got knock out by your wise words but I got up all woken up and ready to work and leave the past behind me. Once again thank you!
Brother got to give you props for your video's. I value your time to share the knowledge. . I'm looking into getting contractor license. This video was the first option that came up on youtube as soon as I open the TH-cam app. So thanks for Dakota for helping out dad with this. Be safe be proud be grateful be smart be honest be successful. All day. . Beast mode
Man optimize before maximize.Wish I heard that awhile ago. I wasn't being profitable last year with 5 guys.I ended up starting over with just 1 guy and slowly becoming efficient and more profitable
Tom, I think you may be #1 when it comes to "best advice for contractors", both C and A players. I hear your experience in your advice. Thank you for your straight advice. Keep it up, Please!
tom you should do a video on collecting deposits, my largest problem is scheduling a month out and people canceling when the time comes up, I hate worrying if we actually have a job, or not?
Contractor Fight TV it maybe my headphones man. I really like you content. I hope these people following realize the gold you’re putting out there. So many people tout technical prowess, when there’s so much more to the whole story. So many hats
Awesome video. The “chasing unicorns” part felt like it was targeted at me though… haha. Pre- qualifying is a huge deal and we have learned that the hard way in our cabinet business
I subscribed! Love the brutal honesty. Bro, your a breath of fresh air! Your videos are excellent. Gearing up to take the leap and putting together a master plan to get back in the game. Thank you for the real fucking deal attitude!
Thanks for your tips. I was about to give up. I started my own construction business f 2 years ago and it was not easy but thanks to these tips. I will continue forward I want to be a F.W. thankyou very much
Hi Armando. Keep doing the right things. Grow it smart. It will be worth it. Get more by signing up for our Daily Tips.... text the word TIPS to 719-299-3852
I'm seeing a common theme now. I read a book the other day called "Profit First" and they couldn't emphasize enough how important pricing your jobs for profit really is. They insist on taking your profit from a job out first, then paying expenses and overhead with what is left. That will tell you pretty quickly if you aren't pricing your work correctly.
It’s like you are speaking to me. It’s like someone somehow told you everything you need to know about me and my business and hired you to have an intervention with me.
Make sure you value your FW's!! Don't let those people go. Those are the people that are making you money. Those are the folks worth more than 2 B's players. Treat them right and pay them well and watch how they will never leave your side. If they know that all they are doing is coming in everyday ready to work and not have to stress about paperwork or clients then they already won at life!
God bless your brother you are a so fing right I have fallen into the same shit I was never thanks for it at all,,,,. Just screwed myself and my family over never again, but that's a great advice for everybody pay yourself first you're doing all the work.
Yes I have chased a few unicorns.. You lost me at the 50% profit thing.....bit high..I like my contingencies written in combined with good communication.Enjoyed it thxs.
Amazing video I never seen one of your videosThis one really hits home I’m going my company to the next level and I like the way you talk about FW’s you’re the best thank you very much not many people make good construction videos everybody talks about selling houses and insurance keep it up you’re the man
Why wouldn’t you divide your numbers? If I’m selling a AC system that cost me 2500 dollars I would divide by 50%. 2500x50%=1200+2500+labor 1200=4900 2500/50%=5000 it’s more profitable to divide then multiply. And I’m sure there’s a lot of contractors that forget to add in the labor. All my jobs are very profitable my business is only a year old. The hardest part for me is getting leads any suggestions would be much appreciate.
Tom ! Nice power pitch man ! Whooo Hooo ! Struck a real nerve here ! I’m an employee and I HATE it ... reality is where I live ... I gotta get back out there
When subcontracting all work out, what profit margins should I be striving towards? I’ve been estimating exterior jobs for the past several years and now I’m starting a business to subcontract out all work. Any advice?
Thank you, I took this video personal because I jumped into estimating Structural Steel without any experience and I haven't made a sale yet. I thought if I knew the prices I would sell more but even with the help of my boss I still haven't sold a job and I found this channel so I have high hopes I'm going to be a step closer to being a millionaire if I take advantage of your advice.
@@contractorfighttv yes sir I'm always watching and trying to implement all that I can from what I learn here. And thank you for all the straight forward advice you give on this channel ⚡💪
How do you get rid of C and below people with out running into unemployment issues? Obviously we would be getting rid of them due to low performance, but how do we prove that when its their word against ours.
I am so thankful to be self-employed even though I am not where I want to be at right now..... But this job is allowing me to make money while listening to all of your videos all day while I'm painting and trying to scale and organize my business and online presence etc. Thank you for leading the way! 🙏👋
This not just for being a contractor this is for life in general!
I love this shit! I’m working a 9-5. Started my own business. Currently doing some side work. Yesterday, just submitted my first proposal to make some friggin money!
Spanish listener just discovering this great piece of gold, I run a 35 employees refurbishment and construction company, and after 5 years we are making it profitable, because we took so few A players in the beginning, and after this time we discovered how important is an accountable team!! That's really make the difference.
👊🏻‼️
I am 20 years old trying to grow my business as a landscape contractor and this was absolutely everything I needed to hear. All worries and questions validated. I was having a tough few weeks and this made it feel pretty good. Thanks again! #FW
Did it work
@@zachnah5029 I did ok, got my license, picked up a bonafide FW for an employee and I just got a brand new excavator to keep up with my jobs. Not as far along as I'd like to be rn, but it's been good.
I WISH I was where you were at 20. Keep up the good work man!
Ive operated My business for over 10 years and what this man is sharing is gold! Not just financially but also for the piece of mind that can't be bought.
Peace
Man where have you been all my life? Fucking awesome. Im starting my own business as a General Contractor and landed my first decent size job and you can imagine what the answer would be if you asked me if i learned something from hiring people to do a job. Paying yourself first I've been screaming to the last dumbass i fucking worked for. Dude you are the precise person i need to listen to daily. Thank you very much. I would love to talk to you if that was ever possible. I have over 25 years in Sales, Management and being a GM for companies and i got sick of making other people rich and getting shit money for it. Also integrity, you might have heard people say that before but I'm sick of working for people who are fucking evil and rip people off to unimaginable extreme greed levels with no care of others and who they are hurting at all. Thank man and im listening.
Speak the real Tom. If you want to be in this game bring your A+ Game. Be honest with yourself. Hustle hard then hustle harder.
Tom, you are the best construction teacher
Thanks Maxim. I appreciate that.
Was definitely a victim of number #7, although I realised it eventually it's refreshing to see it being mentioned learned it the hard way!
Just ran into this guys videos. Revitalizing. Love it. This guys energy in spot on.
Much appreciated Matthew!
The first tip alone kept all my attention on this vid man. Accountability first
Best piece of advice I've heard yet!!! 👏
Appreciate that Kimberly
I got one of those shirts. My kids were old enough for me to tell them straight what it meant. I ALWAYS go back to this video when i need some motivation.
Glad to hear it Jason. Check out the mindset playlists for a motivation marathon.
Accountability is so rare now days I always hold my self accountable be it showing up late I dont give excuses I just work harder cause I feel like I messed my whole day up or if I mess something up I say I did it and I fix it. I’m a stone mason and I know in my field there is such a lack of accountability and respect. Great video I’m starting my own company in a few months and your videos have been such a blessing to watch, keep up the great work.
I appreciate this video. I've painted for over a decade. Knew nothing about business when I started. Been learning as I go and as a business person I've wasted lots of time and money and ill aimed effort. I'm getting the business polished one crucial step at a time thanks to honest and open videos like yours. Thank you.
Glad I could help Justin.
Love the video. Keep it up.
Appreciate it Nicholas!
Your videos have changed my perspective. And helped my anxiety at night of not having work. I’ve only been in business a month, but you brought me hope. Thank you for the amazing content!
Keep it up
Your the man bro .
I just passed my California General B licence test ,your tips are spot on .
Thanks alot brother
I like this guys attitude as a guy jumping into the industry
Thanks James
Most Underrated Coach on TH-cam
Totally agree, if you suck, you suck!
You gotta keep yourself in reality
Thank you, great video. I just got knock out by your wise words but I got up all woken up and ready to work and leave the past behind me. Once again thank you!
Boom. Dropping knowledge bombs. 2nd generation paint contractor and still learning everyday. I eat this free shit up.
I run a 22 year old construction and design firm. The last point is 100% accurate .
Brother got to give you props for your video's. I value your time to share the knowledge. .
I'm looking into getting contractor license. This video was the first option that came up on youtube as soon as I open the TH-cam app. So thanks for Dakota for helping out dad with this. Be safe be proud be grateful be smart be honest be successful. All day. . Beast mode
Man optimize before maximize.Wish I heard that awhile ago. I wasn't being profitable last year with 5 guys.I ended up starting over with just 1 guy and slowly becoming efficient and more profitable
I like your passion and your f'n common sense attitude... You're telling me everything I need to hear right now...
This is gold.
Thank you sir. It's so hard to find realistic content or advice. For this, I thank you.
Tom, I think you may be #1 when it comes to "best advice for contractors", both C and A players. I hear your experience in your advice. Thank you for your straight advice. Keep it up, Please!
Thank you Russell. I appreciate you being here.
tom you should do a video on collecting deposits, my largest problem is scheduling a month out and people canceling when the time comes up, I hate worrying if we actually have a job, or not?
My boss won't put a job on the schedule without a signed contract and the deposit (or an official P.O.) 1st.
I love what you’re saying. Love your message but you should invest in sound equipment
This is an old video.....we’ve upped our game. Thank for watching!
Contractor Fight TV it maybe my headphones man. I really like you content. I hope these people following realize the gold you’re putting out there. So many people tout technical prowess, when there’s so much more to the whole story. So many hats
ty, good motivation for starting new business again at 52 !!
Awesome video. The “chasing unicorns” part felt like it was targeted at me though… haha. Pre- qualifying is a huge deal and we have learned that the hard way in our cabinet business
Totally agree!
I subscribed! Love the brutal honesty. Bro, your a breath of fresh air! Your videos are excellent. Gearing up to take the leap and putting together a master plan to get back in the game. Thank you for the real fucking deal attitude!
Appreciate the feedback Tony. Glad I could help get you fired up!
Thanks for your tips. I was about to give up. I started my own construction business f 2 years ago and it was not easy but thanks to these tips. I will continue forward I want to be a F.W. thankyou very much
Hi Armando. Keep doing the right things. Grow it smart. It will be worth it. Get more by signing up for our Daily Tips.... text the word TIPS to 719-299-3852
Dude this was so righteous! Thank you
I ABSOLUTELY LOVE THIS DUDE. Allll FACTSSS!!!!
GOOD PRESENTATION AND VIDEO
I like your boldness...
Love It!!! So thankful to find your channel!!
Is there a structure of how you charge for your overhead?
Optimize before maximizing Tony Robbins and Keith Cunningham, Optimize is one best thing you must do if you want to grow your business, thanks, Tom.
This content really helped me.
I'm seeing a common theme now. I read a book the other day called "Profit First" and they couldn't emphasize enough how important pricing your jobs for profit really is. They insist on taking your profit from a job out first, then paying expenses and overhead with what is left. That will tell you pretty quickly if you aren't pricing your work correctly.
It’s like you are speaking to me. It’s like someone somehow told you everything you need to know about me and my business and hired you to have an intervention with me.
Sorry I’m 17 , how do you pay yourself? And what does it means?
You rock Tom!!!!
Legit AF. Exactly what I needed right now 💯 🔥
Glad it was helpful TT
Make sure you value your FW's!! Don't let those people go. Those are the people that are making you money. Those are the folks worth more than 2 B's players. Treat them right and pay them well and watch how they will never leave your side. If they know that all they are doing is coming in everyday ready to work and not have to stress about paperwork or clients then they already won at life!
Great stuff! Oh my god, this is like music to my ears!
Thank you for posting this!
God bless your brother you are a so fing right I have fallen into the same shit I was never thanks for it at all,,,,. Just screwed myself and my family over never again, but that's a great advice for everybody pay yourself first you're doing all the work.
I love it. Thank you
Hi you blow my mind serious this information is clear and helpful-thank you so much
HEY BROTHER. Your a good Dude. I appreciate your time schooling us.
Thanks for watching! Have a great day.
The first two tips were enough for me to subscribe and like.
Your videos are always so rich. Thanks, Tom!
Jesse Lane thank you Jesse.
great video mate
I hear the call of the champ!!!preach!!!
Good shit brother! Thanks for sharing your knowledge and time.
Yes I have chased a few unicorns.. You lost me at the 50% profit thing.....bit high..I like my contingencies written in combined with good communication.Enjoyed it thxs.
Amazing! And please keep calling out the third-party lead sources lol! We are too :)
First time watching, great video!
Hell yeah I’m laughing too haha I love this video.
Glad you liked it Pedro
Thank you for the motivation
Yea, but where do I find FWs?
Another excellent video!
I just received 50 percent of the contract amount right now. Im paid.
Amazing video I never seen one of your videosThis one really hits home I’m going my company to the next level and I like the way you talk about FW’s you’re the best thank you very much not many people make good construction videos everybody talks about selling houses and insurance keep it up you’re the man
Why wouldn’t you divide your numbers? If I’m selling a AC system that cost me 2500 dollars I would divide by 50%.
2500x50%=1200+2500+labor 1200=4900
2500/50%=5000 it’s more profitable to divide then multiply. And I’m sure there’s a lot of contractors that forget to add in the labor. All my jobs are very profitable my business is only a year old. The hardest part for me is getting leads any suggestions would be much appreciate.
Excellent video! Thank you
My goal is to start my own fire protection business. Is that a good business to start?
Number 7 is like going to contractor church and the preacher's talking to you
Thanks i needed to hear this.
Great video brother!
Thanks VCG. Make sure you join our private FB Group. facebook.com/groups/thecontractorfight/
Great video. Wish I had heard this back when I started. Lot of hard lessons here.
Tom ! Nice power pitch man ! Whooo Hooo ! Struck a real nerve here ! I’m an employee and I HATE it ... reality is where I live ... I gotta get back out there
Wow you just solved all my problems man ! Thank you for your wisdom
I appreciate you taking time to do these videos
Thanks for watching Kent.
👍🏾thanks for your advice, very helpfull.
When subcontracting all work out, what profit margins should I be striving towards? I’ve been estimating exterior jobs for the past several years and now I’m starting a business to subcontract out all work. Any advice?
#BMF!!! Amazing!!!! Thanks brother! You just said my ENTIRE LIFE STORY!!!!! I am an FW!!!!!!
Thanks for taking the time. Just what I needed to hear!!
Dude.... I needed this... Thank you!!
I really appreciate your advice. I'm starting a remodeling business in a few months and find all of this very helpful! Thnx!
I love this
Nr. 7 🔥🔥🔥🔥🔥🔥
😊 thank you
Any time!
That's a great presentation.
Thank you Muhammad.
Good content bud!
Thank you,
I took this video personal because I jumped into estimating Structural Steel without any experience and I haven't made a sale yet.
I thought if I knew the prices I would sell more but even with the help of my boss I still haven't sold a job and I found this channel so I have high hopes I'm going to be a step closer to being a millionaire if I take advantage of your advice.
Wouldn’t that be 100% mark up instead of 50%?
Thanks
Whats the formula for a gen con?
If 50% is sound for specialty contractors.. i plan to be a gen con and sub all the work
Great advice!!
Thanks for watching Jon! 🥊
@@contractorfighttv yes sir I'm always watching and trying to implement all that I can from what I learn here. And thank you for all the straight forward advice you give on this channel ⚡💪
Great good Thanks!
That's exactly what I needed to know, thanks for sharing your knowledge.
Budget budget budget!
How do you get rid of C and below people with out running into unemployment issues? Obviously we would be getting rid of them due to low performance, but how do we prove that when its their word against ours.
Soild man. Multiple times in this video I was saying to my self.. thats so true lol