@@miguelpulido2300 Start small. Small enough to where you could pay for all of the material and labor if you're not doing the work yourself. Don't spend any of the money you make. Then do it again. After some time and more projects, you will need to try and scale with at least 1-3 employees. This is the first "leap" because now you are dealing with people in the business besides yourself. Apart from that you will need to pick up additional skills besides doing the actual work yourself. i.e. Estimating, accounting, negotiations, etc. Fortunately for me, my expertise was on the business end (CPA) so I was able to manage the paperwork that came along with running a business. Best advice, start small and work your way up. Kinda like starting a new career from the ground up. Best of luck.
7. Become a subcontractor 8. Loans and Lines of credit 9. Governments grants 10. Utilize free marketing tools 11. Invest in efficient software (Google sheets, Google docs, build systems) 12. Work from home 13. Hire subcontractors or part time employees. (Workforce efficiency) 14. Vendor credit (net 30, net 60, net 90 payment terms) 15. Embrace sweat equity (Gain experience) 16. Maximize efficiency and minimize waste. 17. Finding a mentor
Thanks Jesse. I have a small masonry construction company in central Fl. Looking to get my contractors license so I can do more and build a better future. All this is very helpful! 🙏
I thinbk this is the first video where I actually saw some real good interest for the audience. And I watched it in the perfect time of my own journey! Thank!s!
I like this field of construction and I entered a faculty of civil construction. after college, I want to open a business in this field. Can you give me some advice?
Identify what type of construction business you want. There are a lot of different types of construction. Once you have an idea you should watch content and learn about it. After you feel confident that you know enough to start trying to do the work, you should do small easy jobs for friends and family so you can start gaining experience and acquire the right tools
Get your tickets to Contractor Summit HERE: contractorsummit.com/ 🎉
Started my construction company in Texas with nothing. Currently doing 7 figures, new goal is 8 figures. Great content, keep it up.
Nice 💪🏼
Do you mind giving advice on how you started? Currently working a maintenance tech, but going back to school for construction management
@@miguelpulido2300 Start small. Small enough to where you could pay for all of the material and labor if you're not doing the work yourself. Don't spend any of the money you make. Then do it again. After some time and more projects, you will need to try and scale with at least 1-3 employees. This is the first "leap" because now you are dealing with people in the business besides yourself. Apart from that you will need to pick up additional skills besides doing the actual work yourself. i.e. Estimating, accounting, negotiations, etc. Fortunately for me, my expertise was on the business end (CPA) so I was able to manage the paperwork that came along with running a business. Best advice, start small and work your way up. Kinda like starting a new career from the ground up. Best of luck.
Halo General Contractors is your company right?
@@Cha_chadog yes.
1. Start Small
2. Leverage your physical skills
3. Reinvesting your profits
4. Bartering
5. Equipment renting and leasing.
6. Partnerships
7. Become a subcontractor
8. Loans and Lines of credit
9. Governments grants
10. Utilize free marketing tools
11. Invest in efficient software (Google sheets, Google docs, build systems)
12. Work from home
13. Hire subcontractors or part time employees. (Workforce efficiency)
14. Vendor credit (net 30, net 60, net 90 payment terms)
15. Embrace sweat equity (Gain experience)
16. Maximize efficiency and minimize waste.
17. Finding a mentor
How does a company stay consistent with constant customers and work in order to maintain payroll to employees and profits to grow?
Thanks Jesse. I have a small masonry construction company in central Fl. Looking to get my contractors license so I can do more and build a better future. All this is very helpful! 🙏
Good!! 👍🏼
Did you ever get your expansion under way? I provide credit lines for contractors and small construction companies
Thanks for your enthusiasm. Look forward to chatting soon!
I thinbk this is the first video where I actually saw some real good interest for the audience. And I watched it in the perfect time of my own journey! Thank!s!
Just on point bro….. This is very insightful
😊💪🏼
Waaaooooooo this video It's most useful for me ever!!!thank you Man of God!!❤
Is it okay to start by just managing the projects and paying your workers?
Your video is impressive brother!🙏✌️✌️
Definitely some dope insight. Greatly appreciate it.
Awesome!! 👏🏼 😎
I like this field of construction and I entered a faculty of civil construction. after college, I want to open a business in this field. Can you give me some advice?
hey where can i find a mentor
www.jesselane.com/coaching
You ever thought of growing externally with acquisitions? You’ll build up ebitda if you buy the asset for the right price.
That is always an option!
ask your equipment dealer for a "RPO" - Rental Purchase Agreement
When is the next JL event ?
October 13+14 2023 and it’s going to be EPIC!!! Get your tickets HERE: contractorsummit.com/
Awesome advice I love it!
I’m only 13 but my dream is too have a construction business, What can i Do right Now to have it easier when i grow upp?
Get experience
@@Jesse_LaneI’m also 13 but where would I go to get experience?
Identify what type of construction business you want. There are a lot of different types of construction. Once you have an idea you should watch content and learn about it. After you feel confident that you know enough to start trying to do the work, you should do small easy jobs for friends and family so you can start gaining experience and acquire the right tools
save as much $$ and invest it !
Hiiiii
Hi
chalo shuroo. must have worked with alot of pakistani labour