Video není dostupné.
Omlouváme se.
Contractors Have To Think Like Real Business Owners
Vložit
- čas přidán 6. 06. 2024
- If you want to be successful at owning a construction company, you need to stop thinking like a Contractor, and start thinking like a CEO...
Think about the biggest corporations...does Jeff Bezos deliver your packages to your door? Does Elon Musk build the electric motor inside of your Tesla?
No.... And what I've observed is the best construction companies adopt a similar company structure... You need to be the Head of Your Operation....
Work ON the business, not IN the business...
Learn how to professionally run your construction company and get coached my me directly inside of our 8-Figure Contractor Academy.
Right now there are over $7K in bonuses in free trainings that we're giving when you join today.
Start Now For Free 👉 www.iambuilder...
**Need Help Estimating? Let us bid your jobs for you:
Learn More Here: 👉 iambuilders.co....
**Get 30 Commercial Leads in 30 Days - Let us find you your next projects. Set up a FREE Consulting Call with me and my team and let's help you grow your business.
Learn More Here: 👉 iambuilders.co....
=======
ADDITIONAL RESOURCES + TRAINING
🌎 Get a FREE Strategy Session with one of our Account Managers and we'll guide you on what you need to grow your business:
Schedule Your Call Here: 👉 iambuilders.co....
▶️ Watch Our Special Training: How To Sell Your First $1 Million in Construction in 12 Months
Watch Now: 👉 iambuilders.co....
📧 Get FREE Construction Sales Secrets, Tips, and Strategies right to your email every week
Sign Up Here 👉 iambuilders.co....
============================================
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.
If you like this video, please give it a thumbs up 👍 and if you want to hear more videos from our channel, SUBSCRIBE 🔥 and make sure to turn on the bell icon (🔔).
Want to see more content like this?
===============================================
👍 Like the video (it's quite helpful!)
💬 Leave a comment below to let us know what you think!
🔗 Share the video with anyone you think might help
===============================================
🎬 More of my Construction Business Videos:
===================================
▶️ 15 Tips to Win More Construction Bids (in 2022)
• 15 Tips to Win More Construction Bids...
▶️ How to Get More Construction Leads Fast! (Explained in Under 2 Mins)
• How to Get More Construction Leads FA...
▶️ Take a look at our channel for more Construction company growth videos!
/ @iambuilders
▶️ This Video Link:
• Starting a Successful Construction Co...
🌐 LET'S CONNECT
🔹 Website: iambuilders.com
🔹 Facebook:
/ iambuildersgroup
🔹 Twitter:
/ iambuilders
🔹 Instagram:
/ iambuildersgroup
🔹 LinkedIn:
/ i-am-builders
👇🏻 Don't Forget To SUBSCRIBE 🔥
www.youtube.com/ @iambuilders
Im in the middle of my first commercial job for $32,000. I didnt realize how much money i was losing chasing residential jobs all day. I ended up with 3.5 million in projects and im in the middle of filling a position fof project manager and good subs so i can sit back profit and bid more jobs. Absolutely insane after 11 years of sub contracting since i was 20. I realized i was always a sub and never an actual company. This information is gold and it actually works. It took months to land the jobs. But im booked for year n half. Everything you said was true. Its so weird i happened into bidding jobs for builders because they liked my crews.
Awesome 👏 and I bet you’ll get repeat business from that client. If you’re interested, I can show you a strategy to build a system of repeat business. And in commercial, the contracts are usually bigger than residential.
Let me know if you want to connect, and I’l show you a few things.
Hey man, if you don’t mind sharing, how’d you get started? What did your 20s look like?
@idezi3395 That’s a great question. I went to architecture school and got my Bachelor in 2010. Then I got into construction. Learned at a drywall company how to professionally manage projects. Then eventually a Superintendent at a GC, then I got my own GC license. Then worked for a small drywall contractor and sort of revamped that company. Then eventually I AM Builders. That’s the long way. I laid out the path in my training program. In case you’re interested.
I always see videos like this about getting work, starting your company and everything, but one thing nobody talks about is buying material for your first commercial job and how to do it.. im an Unlimited Electrical Contractor in NC and im apprehensive about commercial because i don't know where to front 50K in materials from.
I do talk about financing. You should get terms with your supplier and pay your labor with a credit line. That way you don’t need your own money.
@@iambuilders I'm interested in an in depth video about this. Do you have one that you can link for me? It'd be much appreciated
This video was right on time as I am debating whether I should work on the submittal packet for site furnishings we are supplying or if I can train my VA to do it. I'm going put together a plan to get my VA to do it.
So the tactical part of hiring a VA or anyone else, you have to first figure out how to do it yourself so you can create a standard operating procedure or (SOP) and you have to create a simple to follow process, almost like a checklist so they don’t have to think.
You speak to fast, but is a good video and ideas 💡👍
You can always slow the video down a little bit on CZcams. Thanks for the compliment.
you teach how to estimate drywall+ metal framing?
Yes I do inside my 8-Figure Contractor program.
What’s up dude 👋🏽
👋 What’s up Johan
Yet he hasn't shared this 16 week program with us - Daniel hold him accountable
Let me see if he does it next week or the following!
How do you deal with the seasonal side of things? I hate hiring people only to lay them off during winter. I've been struggling with this.
Simple. Don’t hire people. Outsource “pieces” of the project to 1099 independent contractors or Subcontractors.
Less overhead, NO payroll taxes, you pay people when you need them NOT just to keep them. Much lower workers comp insurance.
And you can keep a list of your Subs for use as-needed. Essentially you build your team per project.
@@iambuilders Well the thing is I am a commercial roofing contractor, the one piece I am having a super duper hard time is finding project managers that want to work per project. Crews I can find all day long, management is what I can't find. All the PMs want a stable year round job. What do you do in this situation?
Well, that’s different. Supervisors and project managers need to be in-house employees. What are you doing revenue wise? I often run into some of my clients and they’re technically “overstaffed” for the amount of revenue they are bringing in.
Payroll is fix yearly cost… just post on that…
hi I'm 14 i have a question I've been study everything to do with contracting and sub-contracting is there any way to get you general contracting licenses earlier than 4 years
Hey congratulations on being so ambitious so young. All local requirements are different, but either way I would invest in working for a general contractor for a few years to actually learn the business. It’s kind of like asking if you could skip medical school to become a doctor. You kind of have to go through the experience and learn, which is the reason they make you do the 4 years.
If you were already in construction and had many years under your belt, then that would be different. But for you, I would recommend you actually do go through the process.
@@iambuilders thank you
What are some top books to read for becoming contractor or consultant as a new business person in aec industry..
When you say AEC industry, you are either an architect, engineer, or construction. Three completely different disciplines. Which one are you wanting to get into?
@@iambuilders Yes i am a mep hvac engineer at present trying to build massive success faster in corporate world ..
I don’t know about how to charge and find a profitable margin and it kills me.
You have to calculate your all-in cost for each job and then add a markup on top. So all labor, materials, supervision, equipment, etc.
You then also have to figure out what your indirect costs are to add them on top. So take your annual office expenses divided by your annual revenue.
So direct costs + indirect costs + profit. Typically overhead and profit for Subs is 30-40%, GCs it’s about 15%.