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2 THINGS TO CONSIDER BEFORE STARTING A WELDING BUSINESS!
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- เผยแพร่เมื่อ 4 ม.ค. 2019
- Pre-planning before going in on a large commitment like starting a business might save you from making a very large mistake!
Agree with you 💯! Started my mobile welding business in oct and with only $2000(already had a flatbed dually) got a deal on a low hour bobcat 250 and an Oxy setup. I’ve been fortunate to have work coming in from day 1. First job paid for the welder and Im now at the point where I’m working every day and it’s not because im the worlds best welder! It’s because like you said welding has little to do with keeping the doors open! I always answer the phone and respond to emails quickly a lot of great jobs I’ve gotten are from people who have called several welders and nobody answered the phone! Would also recommend anyone getting into mobile welding to get 500 business cards and go introduce yourself to local businesses owners they might not need you for several months but it will pay off! Forget about the 9-5 life being a business owner is 24-7!
Absolutely, I’ve got a video I did a couple months back talking about exactly that. Going and introducing yourself to every business that would ever need your services and leave a business card and in time word of mouth will help boost your work load. Thanks for sharing brother, glad to hear you’re killing it, it certainly is a 24/7/365 deal when you work for yourself
I watched your video about 6 months ago while I was in school going for a degree I wasn’t excited about. You asked me and gave me advice on if welding is for me. You gave me the courage to go to school to learn on how to be efficient in all types of welding. I appreciate what you told me and I wanted you to know that I’ve happy I changed career paths. I’ve been loving what I’m being taught. Thank you!
About two steps away from taking the plunge! Started with selling online with some small welded items, man did I learn a lot about shipping, sales, marketing, customer service, communication with customers, running an online shop, business expenses....and I am not done learning. Glad I found you video! Good content.
Thanks and glad to hear you’re getting it figured out!
One thing about equipment repair is you need to know the stresses of the machine which way does it twist how does it move not everything is as simple as welding a crack in the boom of a backhoe or a hole in a dozer blade having an understanding of what your working on is very important I have turned down a few major repair jobs because I knew nothing about the machine
Excellent point, thanks for bringing that up.
your video is very educational, as a young green welder my goal is to eventually start my own business after i get way more experience in the field, your video has given me more information to look into and what not thank you :)
Im glad I could help and thank you for watching!
Good info! Nailed it.
You are also your own fleet mechanic, material and consumables supplier, secretary/job scheduler, advertisement department, etc.
Absolutely! Thanks for watching
Thanks for the insight man! I've been fabricating for 18 years and have always dreamed of running my own shop. I have a knee mill, horizontal band saw, decent welder etc, and have been staying pretty busy fabricating out of my home shop (outside of my normal job as a millwright). I was recently approached by a mechanical engineer that I know, who also has lots of experience fabricating, and he asked if I was interested in joining him in starting a job shop. We went over some details as to what we think we could deliver as a company, and I agreed with him that this plan has big potential, and I'm interested. I've been trying to not get too excited, and step back to learn more about becoming a business owner. I have zero experience running a business, so every little bit of info helps. Thank you, and I wish you success!
Good luck and go at it slow, partnerships are tricky but work out well if you pull it off!
You got that right that welding is a small percentage of any job. There is a lot more to it than just welding.
I’ll preach that until the day I die
Great video. Also you need to be a bookkeeper and accountant. Or hire it out. My number one advice to any business owner. Stick to what you are good at. And hire others to do everything else. I know starting out that is impossible but do it as soon as possible.
I'd like to reiterate a point you make - because a lot of people will say there are things beyond your control that can tank your business - but if you fail, for ANY reason aside from *maybe* a zombie apocalypse ... it is YOUR fault. A couple of decades ago, I was a low voltage electrical guy. I got me a van, equipment, and I was basically a sub mostly. One day - a vandal kid in my neighborhood decided it would be funny to light my van on fire, which happened to contain all my gear, and a lot of equipment to be installed which was on me. I had gone "all in" on this, and it was devastating. I was really just getting started out, and to the point it was making some money - but I really didn't have anything banked up yet. Let me explain how it was MY FAULT.... I did not have the proper insurance. My insurance co didn't cover ANY of that stuff. If I had my gear properly insured, it would have been a speed bump instead of a devastating event.
Being an employee has its benefits. Good advice.
I applaud you 👏👏! Thank you again for your videos ! The one thing you said that really struck me was the Law part , where can I find these laws or guidelines for when I’m out on a private residence or a business? My jobs are pretty small and straight forward , do you have a video on ins or liability? Thank you
Try this video and see if it helps, CONTRACTS AND LICENSES th-cam.com/video/eOqfZ24pVlo/w-d-xo.html
HEY ROBI!!!
MERRY CHRISTMAS!!
Had to get into video history to find you, hope all is well for you and yours!
Merry Christmas Kelly, we are doing beyond great! Took a vaca during thanksgiving but been pushing 60+ hours a week for the past 2-3 months. I hope you and yours are doing good as well!
I don't care if your just a welder working for someone else or running your own business, your never just a welder.
When you put in a bid, read and line out the MSA (Master subcontractors agreement)you will receive. Alot of these GC's will try to make you finance their projects for 90 to 120 days. They sand bag contracts with "pay when paid" or "pay if paid" clauses. You gotta watch them, especially be careful with Louisiana general contractors.
Thanks for sharing, that is very helpful!
@@Welderbeast I don't know what state your in bud, I would like to get your email and add you to the list of companies us fabricators have had not pay us. We call it the black list.
CS Fabrication, LLC I would appreciate it brother, my email is robis@welderbeast.com
Interesting business idea..🇵🇭🇵🇭🇵🇭👍
Good advise....
Thanks brother
Do you think you could do a video on how you learned to weld and build, or have you already made a video on that?
It’s all through my videos, I learned through an apprenticeship and started out as a welders helper and worked my way up
You forgot a couple of other hat's you have to utilize occasionaly,
1 psychic, for those who know what they want, but can't tell you what it is.
2. crying towel purveyor, for those customers that got the bill for ALL the change orders they mindlessly generated.
Yes, this is VERY young in cheek humour... BUT, Sometimes...
It’s funny cause sometimes... it’s true lol
Here's an observation along those things you just out lined. How many jobs have we all worked where we at some point say about the boss, "he 's a F'N a'hole that couldn't do this job if his life depended on it!" or something to that effect? And we would have been right. He couldn't weld to save his life. Or operate a mill or lathe or brake or shear or half a million other things yet he's signing all the checks, paying all the bills, driving the nicest vehicles and has the nicest house if anyone in the company! Why?
Because what he can do that we can't is "manage"! He manages to get the right people in place to do all the right shit at the right time and manages not to get his hands dirty or suffer industrial accidents or diseases!
How does he do it?
He goes to college and not for a welding degree, but a business degree. Makes his bones outta school working some high paying job and over time networks with the right people who also have money and a head for business, they find a niche that needs to be filled that will support the life style they want to live and hire a bunch of folks to get it done!
It doesn't matter if it's a foundry that makes man hole covers or a factory that makes the paper shoes that the funeral home uses on people who are going to be cremated or clothes-pins! It doesn't matter as long as they can supply a demand. Period!
You're very correct that most businesses fail and it is 99.9% of the time due to the owners deficiencies and ego! There are alot of pretty nice sized businesses that from the outside appear to be doing quite well, but truth be known things aren't so good!
But hopefully, you won't fall into the failed business category! And should you decide to shut it down and go back to being an employee, it will be on your terms cause you chose to!
✌
Sounds like this is a personal pet peeve of yours lol
@@Welderbeast I suppose to some degree it is personal to me, but having already worked over 45 years alongside and, for a multitude of personalities, this is how I see the workplace. And I know plenty who see it through the same eyes.
Perhaps growing up and living the majority of my life in Brooklyn / Manhattan, surrounded by over 5 million residents and who knows how many coming in from other places NJ, CT, Long Island, Queens, Staten Island everyday all looking to eek out a living for themselves and there families is much different than growing up where you live. Did you say your in Arkansas? Arkansas, with a total state population of just 3 million to share 53,179 sq. miles! We have over 5 million living in LESS than 93 square miles, dude! Brooklyn and Manhattan combined are less than 93 square miles! Arkansas is 571.8 times larger than where I live!
Take a moment here and think about those numbers. They are not insignificant to this retort.
I know you can no more phathom living here than I could living there! I would imagine there is more opportunity or necessity to work for yourself out there because you don't have much in the way of industries that can support such a heavily populated area as do we.
Let me say it this way, the reality you know in the heartland is not the reality of living in a coastal, port city. That's one of the reasons I like watching you and Jake Schofield, Demon at Hell n Back and some other pipliners because the freedom and dreams you guys are living reminds me of when I was a healthy young man on the road to make my mark. To leave a scar. And I write to you guys to encourage and caution you to watch out for the "loose rocks" or pot holes I've seen along the path so you don't lose your footing so can get to where you're going! I've got plenty of my own scars physically and emotionally because of those obstacles.
Hey man, life is for learning, we learn by mistakes and success, by watching and doing, by being open minded and open hearted and by interacting with others. It's my understanding that's why you started this channel.
I got a fortune cookie once and the paper inside read " learn from the mistakes of others. It's guaranteed you won't live long enough to make them all yourself!"
And in the words of Forrest Gump, that's all I've got to say about that!
Peace be with you, brother and all God's blessings!
patrick farley I may be reading your comment in the wrong context but I’ve got to start off by saying I meant NO offense by my first comment, I agree with you 100% on both your first and second comment! I constantly thank you for taking the time to comment on my channel and certainly hope you continue to do so. I apologize if I upset you in some way and I know full well I could never imagine what you’ve been through or have seen. That’s exactly why I leave the discussions open so that the great many men that are much better than me will add their experience. I’m in Arkansas now but spent 8 years living in Alaska so I know what you mean by living through things most could never imagine. Again thank you very much for your time and comments brother and I feel pretty bad if you took my previous comment any other way then the light hearted agreement I meant it to be.
@@Welderbeast No worries dude, we're good! I did feel a little like my comment wasn't received quite the way in which it was intended and that perhaps a bit more clarity was required. Of course certainly not in a manner that would insult you in any way, either.
Enjoy the rest of your Sunday! ✌
patrick farley you too brother, thanks for clarifying!
Excellent advice my friend. I want to make a living from my everlast welding equipment and my plasma cutter.
Go for it!
good video, really helpful. thankyou!
Thanks for watching
You mentioned having an attorney, would you recommend hiring an Accountant?
if so, at what stage of growth?
Just my opinion, I would say you would want an accountant after you are making at least 25k in profit a year
@@Welderbeast Sounds like you would need a good understanding of accounting and book keeping to do it all your self until you reach that level.
do you recommend taking a business class, so you don't get overwhelmed buy the books starting out?
John Patterson I just jumped in with QuickBooks Self Employed and learned as I went, it's pretty intuitive
@@Welderbeast Thanks
Who do you call to get work as a mobile welder?
Do you need a contractor license for mobile welding??
thanks, real information :D
Thanks for watching
Hello which quick books do you use for managing your taxes and income and expenses? Small business, self employed or just the standard quickbooks?
I use QuickBooks online for my invoicing, income and expenses and I have a local guy for my payroll and taxes.
You lost me at the insulating.Blocked lol
No that’s not two things to consider before starting a welding business . Lol
Who do you call to get work as a mobile welder?
I specifically try to work with General contractors
Welderbeast LLC so you do structural steel work mostly?
Preacher Dan mostly industrial equipment repair like at lumber and steel mills