How to Start $5K/Month Welding Business
Vložit
- čas přidán 29. 07. 2024
- Have you ever wanted to start a Welding Business? We stopped into FabLab to get a behind the scene look into a welding and cnc business! Ryan splits his time between welding projects and custom cnc products. He talks about tig and mig welding, equipment, expenses, projects and more! Check out FabLab below!
FB: profile.php?...
Instagram:
/ extramediumstuf
Subscribe!
@6FigureRevenue
Yeah, I spent money for an old engine drive welder but I've ended up doing 90% of my jobs with an 80 amp arc welder from HF that I spent $129 for. Also, door to door handing out business cards will bring waaaaay more work than social media ads. No snow here in Florida so mobile = money.
Valuable Comment 💯
Issue is there's 100 mobile welding company's around here now.
I started my mobile welding company 14 years ago and was only me and one other guy in like a 30-mile radious.
Now you get these half ass "welders" doing stuff for free, and just have killed the market in the last year or so.
The customer just sees the price and have no clue about if it's quality or not.
@@allamericanlandclearing6577 Wow, that must suck where you're at. I don't see other welders as competition considering there is plenty of work to go around. The meth head welders make me a lot of money. Who do you think gets to fix their bogus welds? Also, considering that the gray hairs are retiring and the younger generation wants to code, the work is plentiful for anyone who is willing to work... around here.
@@allamericanlandclearing6577where you at tho ?
I love how the video gets right to it ...he gives good value for time..great video style I respect it
Im in the middle of trying to get to the same place. I have a fulltime job as in bridge construction, and a side job doing welding/ fabrication. Its a grind. I had a yard and saw horses to build stuff on. Took money i made from jobs to start building a small 500 sf work shop, while working my day job and side job lol.
Thanks for sharing, keep grinding!
Swear every fab shop supervisor I've had looks like they could be this guy's brother haha
Dreams. I’m building a bunch of stuff for myself but have not started doing many projects for anyone else. One day.
Heck yea!! Got a lot of info from you. Thank you! I do wood floors. Self employed but also weld. Venturing into business side of welder n this was helpful. Like any other business, all the same strategies
Thank you my friend I am attending school for welding at the moment this is a lot of help because I am lost in what I really want to do with this I just know I want to see better income with enjoying learning how to Wilding at the same time it’s fun
Thanks for watching!
Excellent advice. Thank you for sharing.
Sounds like you're making a very comfortable living and enjoy what your doing I love the blue collar industry keep it up my dude aint much of us left
Where in the us in $5k a mo very comfortable?
Staying home, enjoying family, and teaching the trade 5k in a rural town is worth it all day
Some people may be living above their means
@@dandersen464anywhere... live within yur means if youre not rich smh I live in NY and can make that or more and i live fine...
Great video
Great info
Mobile repair is where it's at. When ANY big piece of equipment goes down, the owner/operator is loosing their shirt. They need it repaired pronto.
Good job
Flashy equipment is nice but it doesn't do a lot for you.
Exactly! I'm a blacksmith and machinist and all I can say is the old machinery still works (sometimes even better than new), so why invest in some overpriced flashy things? It's a workshop not a showroom for equipment.
You said older equipment man I prefer the older stuff over the new stuff buddy of mine bought second hand now granted it was second hand but it still happens whenever the warranty runs out don't matter 11,000 for a Lincoln Electric cross-country less than a month ago now it's got a cracked board and they don't know which one it is no way to find out which one it is so they got to replace all three total is $6,000 no freaking way I'm going to buy a new one
what type of forge you have?
@@Goodfella6969 I have two. A gas-fired one and one with a traditional coal fire. I made them by myself. I don't need them often but they're nice to have in the workshop. :)
What makes equipment a better product? Long lasting as opposed to brand-new?
So I want to start my own welding business. I’ve been welding for maybe 9 years now and I would love to start something myself. I’ve mainly only done production lines and some fab and machinery (press and burn table). I’ve done steel and aluminum welding Tig and Mig. What would be a good recommendation to start with?
Supplementing his income with you tube videos, hey whatever works
Suggestion call your supplier for materials and have them deliver will help free up your time to work on making money also have some material inventory on hand
Most will only deliver to a commercial address, not there yet but SOON!
Also everlast offers a 5 year warranty
I see you have a premier plasma table back there. My thc isn’t work right and the company tech support is a pain in the butt to get any information from. How is yours set up.
I had the same issue, Bought mine used. Mine was hooked up incorrectly, took a lot of work but it's good now. PM for for info
@@FabLab_llc not sure how to send a message on CZcams
How’s does 5k x 12 mo add up to six figures?
Dude. I’m doing $5k a week in a 700sf shop in my back yard. You’re selling yourself WAY SHORT!! Lol. Maybe more than 35hrs a week though.
Hey what are u doing to make that bag of money? 🫢 thats a ton of paper.. I am from Middle Europe and wanna start some side job too in my future garage shop, still not sure what should I work with, thanks pal
Would love to hear what you're into👌
First interview I've ever done and business is pretty new, numbers are prolly a bit off lol
@@FabLab_llcare you saying $5k net profit after all expenses? Or $5 gross?
@@dandersen464 net, but also 2 things, I didn’t really feel comfortable talking money a whole lot so I just threw that out there. Keep in mind when you are self employed there are a lot more benefits in the pay department.
I would like to buy the American flag hanging in your shop.
Go blue
Is that a kling #4 ironworker?
It's actually a Peddinhuas? probably spelt that wrong lol
So how did you get your certification
You can call up a certified welding inspector and ask them how they work because they are all different. Some come to you some you got them. Some have equipment you can use some don’t.
Okay thanks
I learned in a shop called the nearest test site payed $300 tested out the day. Some community colleges do it some dont.
@@zachhoyt92 thank you for the info
@@CDavis28 no worries
Does he have a YT page?
not yet, wondering if I should..............
@@FabLab_llc please do it
Is that a typo? 5k a month? A standard $25 an hour job work 40 hours a week brings in that much. Hell, minimum wage in parts of California is already $20 an hour for fast food workers.
Some people want to be an employee and some want to be working for themselves. Everyone lives different.
haha slowly building up better equipment? To put where?
A bigger shop hopefully! Takes time to grow
I'm not getting out of bed if I'm only making 5k net/month
go back to bed lol
That’s what I’m saying, I bet $6k at my day job I need to be making that $8k-$10k a month to be quitting my 6:30-4:30
Word, 5k a month isn't worth the effort. That wouldn't even keep the lights on in my shop.
I appreciate your videos yo much you have no idea. I’d like to talk to you 1 on 1 to see if you. An help me
5k x 12 months = 6 figures?
Hmmm, i gotta talk to my boss.
All that equipment and your doing $5K/M in revenue ? Hopefully we’re talking net?
I'm pretty sure he is talking net. Also he said he works 35 hours a week and sets his own schedule.
Even if it's 5k after expense that doesn't seem worth the risk and stress. My day job I left paid more than that after taxes and no overtime, with benefits, and it was guaranteed income.
@@MikeFullyFulford Exactly !!!!! There is no retirement (pension) matching etc. And when I was referring to net I did not think about non-operating expenses such as health insurance, liability insurance and retirement contribution. I would think with plasma table etc….one would be closer to $100K in EBITDA at the very least.
@@stevenbaca3470first off you can make way more than 5k a month I made 3k in 3 days of welding a guys deck it's not hard. Anyway, almost no job today offers pensions most all companies did away with that. I have multiple friends who are even engineers and they have zero pension. Sure you can have a 401k with a company but they can get lost too so nothing is for certain. Only thing that's certain is when you work for someone you throw your life away
Takes time to grow, year 1-3 you're not making much money. Being on your own is the best feeling in the world, stressful? yes of course but without risk there is no reward! Thanks for watching
5k a month is not good money, thats like a full time job as a severe at a busy restaurant
All depends on your lifestyle
That would pay my bills for the month 😂
Who in the hell cares if he works 35 hours and makes his own schedule. No way paying for all that shit on $5K/Mth. At that rate you are just paying for your equipment. That is $60K pre tax. Like I previously stated if it is a revenue number….he is just buying equipment, materials and covering operating costs.
the 5k is net. After he pays for all his equipment and expenses he pockets 5k a month.
Even if 5k wasn't net, equipment doesn't cost that much, even getting nice Lincoln stuff like he has. Even if it did cost 60k to get it all, you think he's replacing it every year?
@@georgeochoa4772 yeah once all his equipment is paid off he'll be making a ton of money.
No one talking about the money he spend on the job fool.. he’s talking about profit
You should be making 5k a week. Shop is worth 3 k a month
Takes a while to get going, we will get there!
5k a month isn't worth going in your own. Not with the cost of living and tools/materials.
move from California brother
That’s why you start more than one side hustle.
I have 5.
If you do it right you can work for yourself.
gotta start somewhere, nice not having to answer to someone. you only need to make what you liability's are..........
Rebuilding Transmissions, i average $28,000 a month 😉
Is the experience/training lengthy for smth like that?
@Oisaiahj Yes, you need to be knowledgeable in a hydraulic system and operation to know exactly how a automatic transmission works. Then once you master that the repairs come pretty easy with repetition. Especially with these newer models of 6 to 10 speed transmission, they are crap from the factory and are made to fail. Those are the money makers
@@sempergumby8734did you go to automotive school or welding school? Also do you work for a job or self employed?
@@edgardorodriguez5941 I got my ASE In 2002. Master ASE in 2012. I am self employed and have my own shop as well
Dude is running a glorified Etsy store…. People really need to stop flexing on income for labor/skill trades. They’re unrealistic figures just like how everyone thinks they’ll vena $300k pipeline welder. Go to school and get stuck in the field making $70k their first 3 years. Or become a standard welder thinking they’ll make $100k a year based off CZcams bed time stories and end up making $15/hr.
Any good welder can easily make 40 buck an hour in my area by hand, 110 to 115 with your own truck and shops charge between 145 and 185 and hour. Source: me working as a rig welder for more than 2 decades and owner of a fabrication shop.
Sorry 5k is not worth the hussle maybe 10k a month