How To Properly Charge When Starting A Welding Business or Side Hustle!

แชร์
ฝัง
  • เผยแพร่เมื่อ 2 ต.ค. 2024

ความคิดเห็น • 55

  • @DonnyBwelding1
    @DonnyBwelding1 2 หลายเดือนก่อน +5

    This has been my experience as well ...if u listen to his suggestions you will save thousands

  • @staybusybuilding2910
    @staybusybuilding2910 2 หลายเดือนก่อน +2

    Spot on with everything you said. I’ve been through multiple scenarios you’ve discussed. Thanks from Modesto 👍🏼

    • @washburnfabco
      @washburnfabco  2 หลายเดือนก่อน +1

      Modesto, Nice. Thanks Bro!

  • @markbenoit
    @markbenoit 10 หลายเดือนก่อน +9

    That was pretty good, some good advice I got from someone was to get 40% of the job up front then get 40% when you get about halfway point then the last 20% at pick up. It’s a very fair way to do it for both sides. One rule I made was to never let a customer or friend take a project home with full payment, many time if I did this I would have to chase the money down wasting much of my time.

    • @washburnfabco
      @washburnfabco  10 หลายเดือนก่อน +6

      Thanks. My number one rule is your not getting anything from my shop unless its paid in full. Also I try not to do work for friends unless it’s something quick and cheap that I don’t even bother charging for. Bigger projects I just talk them out of because every one underestimate the final cost

  • @brandondesrosiers8799
    @brandondesrosiers8799 หลายเดือนก่อน +1

    New sub after seeing this video. You really opened my eyes to how complicated this process is going to be. It’s been my dream for the past few years to start my own gig because I absolutely love to weld. I just purchased my welder/generator, a Lincoln ranger 250 GXT for 1250 bucks from my employer. I now know from your advice that I have a very long road ahead but I’m grateful for you opening my eyes to it, thank you.

    • @washburnfabco
      @washburnfabco  หลายเดือนก่อน +1

      Welcome! Yeah man it’s a lot more complex then it sounds and you don’t really realize it till you start and it hits you like a brick wall.
      I’ll be posting content more regularly now. Just had something free up some time of mine a little bit where I think I can get 1 vid a week for sure dialed in!

  • @patrickcobbs5217
    @patrickcobbs5217 10 หลายเดือนก่อน +2

    Good video. I am a commercial GC, but quit that job and mainly do welding repairs now. You nailed this video. My dad taught me this at an early age!

    • @washburnfabco
      @washburnfabco  10 หลายเดือนก่อน

      Thanks buddy 🤙🏻

  • @Michael-qv5qo
    @Michael-qv5qo 10 วันที่ผ่านมา

    love my arkcaptain need a spool gun though lol

  • @marcblurep2939
    @marcblurep2939 3 หลายเดือนก่อน +1

    Thank you so much for the info!😃👍

  • @bquade70
    @bquade70 8 หลายเดือนก่อน +3

    Just subbed, ya have some great info., thx!
    Lake Havasu 🌞 Az

  • @Michael-qv5qo
    @Michael-qv5qo 10 วันที่ผ่านมา

    I got a job that i was recommended for fixing some dump trucks but I can't think of what to charge easy work. Most of my tools been stolen, so i am using my arc captain mig 200. It works well

  • @repaircollc
    @repaircollc 5 หลายเดือนก่อน +2

    Great video! You and I have the same approach to pricing. I know im expensive but thats intentional. It keeps the time wasters at bay. Like you said, I show up with an entire shop, thats not free. I charge a mobile fee for every job. Its still cheaper than moving the machine to me, so they gladly pay. Im glad you included insurance. That's the big one I see most forget. I just found you channel, you seem to have a good handle on business. I think you are going to be very successful. Thanks for the show! ✌️

    • @washburnfabco
      @washburnfabco  5 หลายเดือนก่อน +1

      Thanks brotha! Welcome

  • @brent8922
    @brent8922 10 หลายเดือนก่อน +4

    Hey Josh, Im up in Foresthill outside of Auburn, Ca. Trying to build my side hustle to a full time business. This is great information, definitely rings true. Thanks

    • @washburnfabco
      @washburnfabco  10 หลายเดือนก่อน

      Your welcome! Best of luck

    • @chrisweldz1122
      @chrisweldz1122 3 หลายเดือนก่อน

      Hey man nice I'm in the Sacramento area as well doing mobile welding I hope it goes well for you too.

  • @OMGITSJB
    @OMGITSJB 7 หลายเดือนก่อน +2

    Been workin on the road for almost 7 years! Movin back home to ms later this year and my dream and what i been workin toward all this time is runnin my own shop, ive googled ive searched high and low, josh how do i find jobs to bid?is there a website i can bid on or do you hear about jobs from different people?

    • @washburnfabco
      @washburnfabco  7 หลายเดือนก่อน

      So I don’t bid on jobs whatsoever since were more of a general fabrication shop. (Heavy equipment, off-road etc). We don’t do any structural or anything involving engineer and so on. As far as I know to be able to bid on jobs you also need a contractors license and you would have access to bid different ways with the license obtained. Most of my jobs come from word of mouth and social media.

  • @ArcticBlues1
    @ArcticBlues1 2 หลายเดือนก่อน +1

    Thank you :)

  • @richardvillanueva8786
    @richardvillanueva8786 9 หลายเดือนก่อน +3

    Pump these info drops out we all appreciate them 💪

  • @jingz.6xx
    @jingz.6xx 2 หลายเดือนก่อน +1

    Thanks for the input. I charge $125 - $150/hr plus materials for mobile welding service in Toronto, Ontario, Canada. With all the expenses, Its a fair price for both sides in my neck of the woods.

    • @washburnfabco
      @washburnfabco  2 หลายเดือนก่อน

      I wish we could charge that much in California now but it just don't fly here any more unless you wanna be jobless haha. Too much undercutting competition.

  • @excerciseninja2902
    @excerciseninja2902 21 วันที่ผ่านมา

    This is awesome

  • @terrycapehart6303
    @terrycapehart6303 3 หลายเดือนก่อน +2

    Good man, have a blessed day America

  • @tonyinhbolero4815
    @tonyinhbolero4815 6 หลายเดือนก่อน +1

    👍👍

  • @mezoutdoors
    @mezoutdoors 8 หลายเดือนก่อน +2

    Thank you for the information

  • @decarlosheard3472
    @decarlosheard3472 4 หลายเดือนก่อน +1

    Great information! I never pay for any material customer pays for material upfront before ANY work takes place. Been burnt to many times

    • @washburnfabco
      @washburnfabco  4 หลายเดือนก่อน

      Thanks! Just had some one give me a deposit and still decline to pay the final last week.. video coming this week

  • @marcblurep2939
    @marcblurep2939 3 หลายเดือนก่อน +1

    I start welding school this coming august 2024, but if i was just interested in doing repair welding as a side hustle, would you recommend working for someone else 1st before going out on my own? And do you suggest charging hourly for repair welding?😊

    • @washburnfabco
      @washburnfabco  3 หลายเดือนก่อน +2

      Any work preformed that isn’t a product that you build consistently the same should be charged hourly especially repairs. You need some sort of repair experience prior or you will be lost. Real world jobs are never as simple as putting a bead down on some coupons. At school you learn to weld in a perfect environment. Def get experience in the field you want to do as your side hustle

    • @JustCozItsMe
      @JustCozItsMe หลายเดือนก่อน +1

      @@washburnfabco”perfect environment” depends on the school but its always going to be more suitable than the regular jobs.
      And thanks for the video, solid info bro.

  • @DonnyBwelding1
    @DonnyBwelding1 2 หลายเดือนก่อน

    Can u give away a bobcat miller

    • @washburnfabco
      @washburnfabco  2 หลายเดือนก่อน

      I don't get paid enough for that lmao.

  • @ethanday378
    @ethanday378 4 หลายเดือนก่อน +1

    Shoutouts to the galt boys in here

  • @dahookmob
    @dahookmob 10 หลายเดือนก่อน +1

    👍

  • @TM-rp7bd
    @TM-rp7bd 5 หลายเดือนก่อน +1

    Get down Wood. Good job bro.

  • @chadspinosi3942
    @chadspinosi3942 7 หลายเดือนก่อน

    I have a question on what kinda insurance you need to cover your ass from liability of things like amusement park rides stuff.

    • @washburnfabco
      @washburnfabco  7 หลายเดือนก่อน

      Donno specifically amusement park rides but in general if you weld your required to have general liability insurance

  • @reaper-sz5tm
    @reaper-sz5tm 4 หลายเดือนก่อน +3

    I think any mobile welder should start at $40-50 an hour and nothing less. The overhead cost alone justify that, plus labor

    • @washburnfabco
      @washburnfabco  4 หลายเดือนก่อน +3

      $50 hr ? That’s working for free on mobile if your set up legally and legit

    • @reaper-sz5tm
      @reaper-sz5tm 4 หลายเดือนก่อน

      @@washburnfabco what do you suggest for an hourly?

    • @washburnfabco
      @washburnfabco  4 หลายเดือนก่อน +4

      @@reaper-sz5tm starting shop $50hr in your garage is okay but you shouldn’t be at that rate long. Mobile rate is gonna depend on your state. California starting should be no less than 80 and then again you shouldn’t be at those rates long.
      What happens when your charge these super low rates is you don’t hardly make any money if any, The jobs cause stress or a hassle (dealing with customer, quoting, sourcing material, driving to a job, using consumables etc) and waste time. Charging low your better off just working for some one else to save yourself the headache.
      Remember every job you do you are responsible if it fails and causes injury or damage.
      Low rates drive the other guys with years of experience to have to lower their rates in your area that have worked hard to earn. Know your worth. If you don’t know what your doing and you don’t think your time is worth much then your prob not cut out for business.
      The reason you own a business in a trade is because you have already mastered your niche.
      Don’t mean to sound harsh but extremely low rates are not good for the welder nor the industry.
      If you do good work and charge people too low they are going to assume every one should be as cheap as you and provide the same quality of work.
      Hope this helps

  • @marcblurep2939
    @marcblurep2939 3 หลายเดือนก่อน

    By the way, i meant to also ask you of what r ur thoughts about college welding programs? Positives or negatives?😊

    • @washburnfabco
      @washburnfabco  3 หลายเดือนก่อน

      Imo community college welding programs are the best option. I had a great teacher in Sacramento.

  • @Ben15Nadeau
    @Ben15Nadeau 6 หลายเดือนก่อน

    This is a great video man and very informative. One question I'd like to ask is are you buying the materials yourself every job or do the customers sometime pay for materials in advance. Im looking to get my foot in this door as a side hustle as well. Just dont want to quote a customer and not be able to afford said materials. Also what do you do for customers that want an estimate over the phone? Blow them off I figure cause its hard for me to quote a job witbout visually seeing it. Especially becsuse the customer might think its easier then it actually is.

    • @washburnfabco
      @washburnfabco  6 หลายเดือนก่อน +1

      If I know them well I do the po with my supplier and have them use their card to pay for materials. If it’s a new customer I charge them materials plus 20-30 percent for the fluctuation of materials cost. I don’t give quotes over the phone and I also charge for In person quotes. If some one contacts me not willing to bring it by for me to see I usually say hourly plus materials. There are some exceptions to this. I do a lot of off-road work so I can look at a bumper design for example and know approximately what it’s gonna take so I can tell them. Other things like rock sliders and trailer liners I have worked out a price per foot or square foot. Which will work for other things as well like fences gates handrail etc. But we always tell them it’s strictly hourly plus materials. There’s so many time if you give people a set rate and you finish the job and they expect you to make changes free on things that were not originally disgusted. Come up with a good job assessment agreement form that they sign

    • @Ben15Nadeau
      @Ben15Nadeau 6 หลายเดือนก่อน +1

      I appreciate it homie, keep up the videos man. I think you are definitely under rated but I forsee your channel growing exponentially. I like your style and your honest attitude towards things. This Industry isn't for everyone, but your subscribers definitely appreciate the honest feedback

    • @washburnfabco
      @washburnfabco  6 หลายเดือนก่อน

      @@Ben15Nadeau no problem. Thanks brotha !