Starting a Successful Construction Company in 2024
ฝัง
- เผยแพร่เมื่อ 5 มิ.ย. 2024
- 90% of all construction companies fail, why is that? Most construction companies start off with an owner that has experience on the construction side, but not on the business side. To stick around in this industry, you need both.
Want to learn how to grow a construction business to $1 Million? Join our 8-Figure Contractor Sales Academy and copy my formula to start or grow your business.
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Video Breakdown:
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Intro: (0:00)
Decide on a Specialty: (5:40)
Find Potential Projects: (9:37)
Start Estimating & Sending Bids: (12:21)
Set Up your Licenses and Insurance: (14:34)
Follow Up: (15:35)
RESOURCES TO GROW YOUR CONSTRUCTION BUSINESS
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💲 8-Figure Contractor Sales Academy™ (For New or Smaller Contractors that Want to Learn at Your Own Pace)
Learn how to Sell Your First or Next $1,000,000 in Commercial Construction Sales in 12 months:
Learn More: 👉 iambuilders.com/8fc-training
🎯 8-Figure Contractor Coaching™ (For Contractors who want to take their business to the next level and get expert guidance from me and my team)
Let us Coach You step-by-step (no guessing or worrying if you're doing it correctly). You get our Contractor Sales Academy including Advanced Sales Strategies, plus Weekly Coaching.
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🏆 8-Figure Contractor VIP + Estimating™ (Only For Serious Contractors)
Our Full-Service Estimating and Leads Management Service. We'll handle it all for you so you can focus on running your business and managing the field. You get Full-Access to My Entire Team Plus our Entire 8-Figure Contractor Platform.
Learn More: 👉 iambuilders.com/8fc-vip
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ABOUT DANIEL QUINDEMIL
Daniel is a Construction Expert and Consultant in the areas of construction sales, estimating, and project management. He has estimated and/or managed over $3 Billion in projects. In 2015, he founded I AM Builders, a construction estimating and sales company dedicated to helping contractors grow their businesses. Since then, I AM Builders has worked with over 3,000 clients nationwide.
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🎬 More of my Construction Business Videos:
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▶️ 15 Tips to Win More Construction Bids (in 2022)
• 15 Tips to Win More Co...
▶️ How to Get More Construction Leads Fast! (Explained in Under 2 Mins)
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#startingaconstructioncompany
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#howtostartabusiness - แนวปฏิบัติและการใช้ชีวิต
I’m 21 and I’m in school full time. I would love to start a drywall contracting company with a couple of Brothers in the faith✝️. Your vids are full of great insight man!
Congrats man!! The Lord brought you to the right place. We are a Christian based company. We have a training program for guys like you just starting out: iambuilders.com/8-figure-contractor-training
@iambuilders your company helps new subcontractors get jobs leads???
Nahui idi
Your videos are awesome! Extremely beneficial information and insight
Awesome man, like the content. I’ve got a 2 year old business that’s sort of plateaued in the last 6 months. Looking for an edge. My problem is I’m VERY specialized. So finding jobs on bidding type platforms doesn’t typically work out best for me. I started this biz on print advertising but like I said, it’s probably gone as far as I can take it in my area. I’ll be looking over your playlist, subscribed
So thankful God revealed your page to me today. My husband has worked in a family owned, general contractor, construction company for 30 years. He is the boots on the ground guy per say. Foreman ,equipment operator the best in our area I might add 😉 labor hand even job creator or P.R.guy the people person. All this to say he’s not a computer or office person but I am and I’m trying to learn how to do that side of the job as quickly as possible.We have been given the opportunity and support from his boss/dad to go after work just with his backing and paid off equipment just have to pay back a percentage of profits to him. All this to say your videos help me tremendously on how to support my husband and direct us correctly. Thank you!
Thanks for the teaching.
Tks for advices
That’s a good video and info. Thanks !
Thanks Jovany! Glad you liked it.
What kind of work do you do?
This was great! Thank you will re watch a couple more times
Awesome I’m glad you liked it. Let me know if you ever want to jump on a call. We give free strategy calls for our viewers.
Awesome video! Definitely shared a lot of good information. Thank You’
Glad it was helpful!
thanks for your insights, so I will start with these few ideas and will need your assistance when needed.... Thanks
Thanks Charity. Looking forward to working with you.
Thanks for your advice
You’re welcome. Thanks for watching.
Awesome insight for New Commercial Subcontractor! Appreciate it!
Thanks Erik! What kind of work do you do?
Thanks.
Super awesome information Daniel
Glad you think so!
Hey Daniel, I’m a fire sprinkler fitter contractor in Australia and even though I can’t utilise all your tips, there’s a lot I can. Very insightful and useful.
Thanks heaps…
Thank you! What kind of advice do you think you won’t be able to use? I don’t really know the Australian market, but I imagine sales must be very similar to here.
Thanks Brother!!
Any time man!
Thank you, it helps a lot.
Glad it helped!
Great Info!
Glad it was helpful!
You are awesome, thanks!
You're welcome!
Hi subscribing to some bidding software websites to start my first bids. Do any of these lead websites include Canada? And does your company do estimates in Canada? Thank you for the video
Thanks A lot this is great video and very informative. Are you still offering estimating services? And would you have any recommendations for how to finance commercial projects?
Hey Andres. Yes we do. If you need help financing your projects, I can help you there too.
What do you know about distributed antenna systems (DAS)? Which focuses on emergency responder communication systems.
Roman, not really I’ve actually never heard of that. I have worked on antennae and communications equipment installations but not that specifically. Tell me more.
I watch your videos all the time and thumbs up. I would like to know that if you can demonstrate using blue book
Yes I could. How about this, set up a call with me for January and I’ll do a screen share with you and show you one-on-one. Here’s a link to my calendar: www.iambuilders.com/call
Hi bro this is really helpful for me Man , I just recently open my construction framing company here in queens ny and I’m a little worried how ima get jobs , will u please give me a an advice if should pay websites or just me going to job sites and do whatever it takes . Thank you for making this videos . 😊
Hey Jefferson! NY is a tough market! You gotta make sure you get the proper training ti not get burned. Here is a link to my monthly training program. You get a 30 day Free trial.
www.iambuilders.com/8-figure-contractor-training
17:45 Hi am very much inspired am in Zambia I want to open in building construction here am a bricklayer but I want to be clear on estimate and bids ❤
God Blessed you
U are talking my life 😂😂😂😂just so i start off ❤❤❤❤❤
Hey great videos lots of knowledge.
I’m in the process of getting my licenses in Southern California. As new company just my self starting what is your recommendation as far LLCs or corporation thanks 🙏
Hey Isaias. That’s a question for a business attorney or CPA. Are you in our 8-Figure Contractor program?
(Question) The big binders to your left arm what are they ane where to purchase them? "Building, Residential etc...
Hi Maurice. That’s the Florida Building Code. Every state has their own codes.
Thanks! I've seen it in the office of a roofing company.
Hey I'm 23 years and I started my construction company recently but everything seem not to be making sense. Do you've any advice you assist me with I'm from Zimbabwe
Do you know of any good lead generation sources for Residential GC's looking to start in the residential market? Usually the residential stuff is looking for a specific sub (ex: painter, or flooring sub) instead of an actual GC. I don't mind starting small, but I am hoping to find a source for leads of at least remodels or additions, garage/shed builds. Things like that while I build by Brand, company, and portfolio. Great content on your channel and thanks for any advice.
Hi Bobby. So the best method for residential is going to be using a digital marketing agency to get leads from Google. The second best is Home Advisor. The only thing I would advise with Home Advisor is pick only the high income zip codes. Go to Zillow.com and find the zip codes that have the highest home values and call Home advisor and tell them you only want those zip codes. Otherwise you’ll get low value leads.
Getting your own leads on Google is going to be the best because you don’t have to share the leads with other contractors. The thing is most contractors don’t know how to do this. If you call me at my office I could recommend you a digital marketing agency that we’ve worked with before that can help you. 305-433-6432. -Daniel
Hi bro
I saw ur complete video it’s really helpful for me
Actually we are gulf base construction company
We are planning to open a branch in Uk soon
Once we open a branch there definitely we need ur support to get a jobs from the market as well from ur company too
Great. We don’t operate in the UK though. But I can help you any way I can.
I'm 26 I want to start a general construction company
so you do estimating for contruction companies, and then you know the low bidder because you filed the estimates for them. and then you deal with your favourite companies below the table and give them the lowest bidder (lowest bid which you estimated for them) basically selling the confidentiality Data to your preferred builder which sat before you in the table and spent one hour of their valuable time to chat and look you in the eye and built relationship with you, so they win the bid with the inside information you gave them, and the other guy which you still charged them for your estimating service lost the bid because you:
for one you gave them the high bid which you know is not favored by clients
two, they lost because you gave away their secret bid price so they are beaten..
the whole idea of bidding is that every person, will without any knowledge of their competitors bid price, must at their best provide their price at which they will do the project to their best quality and at the lowest price creating competitive environment that is fair because no one knows the other persons price. the only given information is the Details of the project which must be completed and its requirements of execution.
HOW IS IT EVEN LEGAL WHAT YOU ARE DOING ? corruption at its best
Aziz 😂😂 quite a story. Where did you get all of this? It’s simple - our contractors are busy people and don’t have time to estimate to keep growing their companies or they don’t know how to. We do the estimates so they can focus on running their jobs and being owner-operators of their business.
No inside information here.… you might want to consider a career in script writing for the movies.
Anyway, if you need help growing a construction business rather than complaining about what other are doing, please let me know and we’re here to help.
-Daniel
Hello
I am located in Kitchener Ontario Canada.
I am looking for assistance in growing my small GC locally
We specialize in home renos
I need to "find" those projects that I can bid on
Your content has been very helpful
Hi Robert. That’s great we can help you. I’ve never worked in Canada on the construction site but we have done estimates for some of our clients and converted the numbers into Canadian dollars.
On the residential side, your very best source of Leads is going to be creating your own Google ads campaign.
We’ve been considering adding this as a service and we might be able to help you.
Can you send me a quick email with your contact info so we can schedule a time to talk about your company?
On the residential side, we can really explode the number of leads coming in. Online marketing is the future and now.
Here is my email: daniel@iambuilders.com
No I am not going what’s it about
Hii.. My goal is starting a construction company now.. Any advices please bcoz for no one to guide but i have a strength and ability to start just i need good advice..
Hey Manu. Of course - Our training program is designed for guys like you that are just starting your own company: iambuilders.com/8-figure-contractor-training
Can a Certified General Contractor also hold/be a Builder Contractor License in the same state (Florida) at the same time?
What do you mean? In Florida there is a CGC and a CBC license. They are both general contractors. However, the CGC means you can build unlimited, and the CBC means you’re limited to three stories.
@@iambuilders
Hi,
No, what I am referring to is: I am already a Certified General Contractor in the state of Florida but Im now want to also take the exams to be a Builder Contractor in Florida. Can I have both licenses at the same time? First, GC one and then the BC one and have both valid licenses at the same time???
i need to talk to u, how?
I run a construction company .But I have no organization chart.plz help me to make it and give advise a bout construction
Of course I can help. What do you need help in specifically? That way I can point you in the right direction.
I am an electrician in New York, I opened a company to do sub contracting in electrical. Let me know if you are interested in working with me.
Who can help me find a good app to estimate my jobs ?
Hello. We can help you estimate your projects. Go to my website and enter your info: www.iambuilders.com
Am a builder by profession but I work for another company. I want to run my own construction company. What more entrepreneurship skills for construction do I need?
The biggest thing is, you have to learn how to find leads, estimate the jobs, negotiate, and finally you get the contract. Then you can actually perform the work, which you already know how to do. A lot of guys don’t realize that to start your own company you need to learn a whole new set of skills, we can have our 8-Figure Contractor Academy that teaches you and your team everything you need to grow a construction business, including professional construction management and sales. Let me know if you are interested.
I want to start a construction estimating business. Can you help me with that?
Hi Taimoor. As much as I would love to, we provide estimating services for our clients so it would be a conflict of interest. I am happy to help you with other areas of construction.
@@iambuilders what about structural design? Can you help me with that.
I want to be come a contractor after SHS can I
What do you mean by SHS?
Most people want license and bonded before they even talk to you.... so finding a job without is going to be hard unless you know the person
Not necessarily. That’s only if you’re going for government jobs. We do leads and prospecting for some of our clients and it’s actually very rare for someone to ask for bonding unless it’s a huge job or a public works job.
@@iambuilders hasn't been my experience
Texas doesn’t require license?
I’ve been told by clients that it’s kinda like the Wild Wild West out there lol. I believe all you need is to the paperwork and licensing fees. I’ve also heard you don’t need one so…. Not 100% sure.
How much you charge t
Hi Yolanda. Do you want to set up a quick call? I do these 15 minute strategy calls where you tell me about your business and I give you actual tips to help you. We might also be able to help you with our On-Demand Estimates and Training Program.
Here’s a link: www.iambuilders.com/call
Sir can u be my consultant?
Yes. Set up a call with us to see how we can help: iambuilders.com/call
What is the best way to call or contact you for business?
Hi Thai. Call me at my office or email me any time: 305-433-6444 or daniel@iambuilders.com.
What did you have in mind?
Relationship whit Ingineer or arquitect
Does lead companies charge a lot for nothing
If you use Bluebook or Dodge, these are for commercial. You might be thinking of Angi, Yelp, and Homeadvisor. Those aren’t the best.
The commercial platforms give you plans and all the contact info for you to prospect and find clients.