Contractor Business Tips: Mindsets of a Profitable Leader

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  • Опубликовано: 15 ноя 2024

Комментарии • 246

  • @l.o.gproductionz5522
    @l.o.gproductionz5522 6 лет назад +47

    This not just for being a contractor this is for life in general!

  • @sokhathorng
    @sokhathorng 5 лет назад +6

    I love this shit! I’m working a 9-5. Started my own business. Currently doing some side work. Yesterday, just submitted my first proposal to make some friggin money!

  • @samwinglewich2133
    @samwinglewich2133 5 лет назад +9

    I am 20 years old trying to grow my business as a landscape contractor and this was absolutely everything I needed to hear. All worries and questions validated. I was having a tough few weeks and this made it feel pretty good. Thanks again! #FW

    • @zachnah5029
      @zachnah5029 2 года назад

      Did it work

    • @samwinglewich2133
      @samwinglewich2133 2 года назад +1

      @@zachnah5029 I did ok, got my license, picked up a bonafide FW for an employee and I just got a brand new excavator to keep up with my jobs. Not as far along as I'd like to be rn, but it's been good.

    • @RallEeyeRedact
      @RallEeyeRedact 2 года назад

      I WISH I was where you were at 20. Keep up the good work man!

  • @ConstructionEntrepreneurs
    @ConstructionEntrepreneurs 5 лет назад +6

    Speak the real Tom. If you want to be in this game bring your A+ Game. Be honest with yourself. Hustle hard then hustle harder.

  • @MrGabrielramosone
    @MrGabrielramosone 3 года назад

    Ive operated My business for over 10 years and what this man is sharing is gold! Not just financially but also for the piece of mind that can't be bought.

  • @JosePerezBelmonte
    @JosePerezBelmonte Год назад

    Spanish listener just discovering this great piece of gold, I run a 35 employees refurbishment and construction company, and after 5 years we are making it profitable, because we took so few A players in the beginning, and after this time we discovered how important is an accountable team!! That's really make the difference.

  • @ravindranauthbholanath775
    @ravindranauthbholanath775 5 лет назад +6

    Was definitely a victim of number #7, although I realised it eventually it's refreshing to see it being mentioned learned it the hard way!

  • @gregzamora9
    @gregzamora9 5 лет назад +1

    Your the man bro .
    I just passed my California General B licence test ,your tips are spot on .
    Thanks alot brother

  • @dustinsayers4557
    @dustinsayers4557 6 лет назад +18

    This is gold.
    Thank you sir. It's so hard to find realistic content or advice. For this, I thank you.

  • @markmontiel4145
    @markmontiel4145 2 года назад

    The first tip alone kept all my attention on this vid man. Accountability first

  • @momentumelectricslc
    @momentumelectricslc 5 лет назад +1

    Your videos have changed my perspective. And helped my anxiety at night of not having work. I’ve only been in business a month, but you brought me hope. Thank you for the amazing content!

  • @maximilin8381
    @maximilin8381 2 года назад

    Tom, you are the best construction teacher

  • @OzGawd
    @OzGawd 4 года назад

    Most Underrated Coach on RUclips

  • @travis4308
    @travis4308 3 года назад

    Accountability is so rare now days I always hold my self accountable be it showing up late I dont give excuses I just work harder cause I feel like I messed my whole day up or if I mess something up I say I did it and I fix it. I’m a stone mason and I know in my field there is such a lack of accountability and respect. Great video I’m starting my own company in a few months and your videos have been such a blessing to watch, keep up the great work.

  • @craigsweeden1376
    @craigsweeden1376 6 лет назад

    Man where have you been all my life? Fucking awesome. Im starting my own business as a General Contractor and landed my first decent size job and you can imagine what the answer would be if you asked me if i learned something from hiring people to do a job. Paying yourself first I've been screaming to the last dumbass i fucking worked for. Dude you are the precise person i need to listen to daily. Thank you very much. I would love to talk to you if that was ever possible. I have over 25 years in Sales, Management and being a GM for companies and i got sick of making other people rich and getting shit money for it. Also integrity, you might have heard people say that before but I'm sick of working for people who are fucking evil and rip people off to unimaginable extreme greed levels with no care of others and who they are hurting at all. Thank man and im listening.

  • @nashpal1
    @nashpal1 4 года назад +1

    I run a 22 year old construction and design firm. The last point is 100% accurate .

  • @nicholascunningham2342
    @nicholascunningham2342 4 года назад +2

    Love the video. Keep it up.

  • @justinsjourney3224
    @justinsjourney3224 3 года назад

    I appreciate this video. I've painted for over a decade. Knew nothing about business when I started. Been learning as I go and as a business person I've wasted lots of time and money and ill aimed effort. I'm getting the business polished one crucial step at a time thanks to honest and open videos like yours. Thank you.

  • @calisurfduuuddee8183
    @calisurfduuuddee8183 6 лет назад

    Totally agree, if you suck, you suck!
    You gotta keep yourself in reality

  • @matthewmagga471
    @matthewmagga471 2 года назад

    Just ran into this guys videos. Revitalizing. Love it. This guys energy in spot on.

  • @TigerNgtMare
    @TigerNgtMare 2 года назад

    Thank you, great video. I just got knock out by your wise words but I got up all woken up and ready to work and leave the past behind me. Once again thank you!

  • @jasongettum4054
    @jasongettum4054 3 года назад

    I got one of those shirts. My kids were old enough for me to tell them straight what it meant. I ALWAYS go back to this video when i need some motivation.

    • @contractorfighttv
      @contractorfighttv  3 года назад

      Glad to hear it Jason. Check out the mindset playlists for a motivation marathon.

  • @henryamaya4726
    @henryamaya4726 4 года назад

    Brother got to give you props for your video's. I value your time to share the knowledge. .
    I'm looking into getting contractor license. This video was the first option that came up on youtube as soon as I open the RUclips app. So thanks for Dakota for helping out dad with this. Be safe be proud be grateful be smart be honest be successful. All day. . Beast mode

  • @russelldixon5663
    @russelldixon5663 5 лет назад +1

    Tom, I think you may be #1 when it comes to "best advice for contractors", both C and A players. I hear your experience in your advice. Thank you for your straight advice. Keep it up, Please!

  • @kimberlykidd5662
    @kimberlykidd5662 Год назад +1

    Best piece of advice I've heard yet!!! 👏

  • @tonyd4346
    @tonyd4346 4 года назад +1

    I subscribed! Love the brutal honesty. Bro, your a breath of fresh air! Your videos are excellent. Gearing up to take the leap and putting together a master plan to get back in the game. Thank you for the real fucking deal attitude!

    • @contractorfighttv
      @contractorfighttv  4 года назад

      Appreciate the feedback Tony. Glad I could help get you fired up!

  • @John_Turner2
    @John_Turner2 6 лет назад

    Boom. Dropping knowledge bombs. 2nd generation paint contractor and still learning everyday. I eat this free shit up.

  • @MarkLeonTanner
    @MarkLeonTanner 2 года назад

    I like your passion and your f'n common sense attitude... You're telling me everything I need to hear right now...

  • @jamesssena7336
    @jamesssena7336 3 года назад

    I like this guys attitude as a guy jumping into the industry

  • @forrealtyler
    @forrealtyler 2 года назад

    Dude this was so righteous! Thank you

  • @jamesnamiot7746
    @jamesnamiot7746 4 года назад

    ty, good motivation for starting new business again at 52 !!

  • @armandomendez044
    @armandomendez044 6 лет назад +2

    Thanks for your tips. I was about to give up. I started my own construction business f 2 years ago and it was not easy but thanks to these tips. I will continue forward I want to be a F.W. thankyou very much

    • @contractorfighttv
      @contractorfighttv  6 лет назад +1

      Hi Armando. Keep doing the right things. Grow it smart. It will be worth it. Get more by signing up for our Daily Tips.... text the word TIPS to 719-299-3852

  • @ryankeeping2761
    @ryankeeping2761 5 лет назад +2

    Great stuff! Oh my god, this is like music to my ears!
    Thank you for posting this!

  • @louiebilihoutis302
    @louiebilihoutis302 5 лет назад +1

    The first two tips were enough for me to subscribe and like.

  • @ZestQuest_zone
    @ZestQuest_zone 5 лет назад

    Optimize before maximizing Tony Robbins and Keith Cunningham, Optimize is one best thing you must do if you want to grow your business, thanks, Tom.

  • @jerryrobinson958
    @jerryrobinson958 4 года назад +2

    I love what you’re saying. Love your message but you should invest in sound equipment

    • @contractorfighttv
      @contractorfighttv  4 года назад +1

      This is an old video.....we’ve upped our game. Thank for watching!

    • @jerryrobinson958
      @jerryrobinson958 4 года назад

      Contractor Fight TV it maybe my headphones man. I really like you content. I hope these people following realize the gold you’re putting out there. So many people tout technical prowess, when there’s so much more to the whole story. So many hats

  • @manuellopez504
    @manuellopez504 4 года назад

    Love It!!! So thankful to find your channel!!

  • @benstockings7973
    @benstockings7973 Год назад

    Awesome video. The “chasing unicorns” part felt like it was targeted at me though… haha. Pre- qualifying is a huge deal and we have learned that the hard way in our cabinet business

  • @manresaelectric
    @manresaelectric 2 года назад

    Man optimize before maximize.Wish I heard that awhile ago. I wasn't being profitable last year with 5 guys.I ended up starting over with just 1 guy and slowly becoming efficient and more profitable

  • @administrativesupport6745
    @administrativesupport6745 2 года назад

    I ABSOLUTELY LOVE THIS DUDE. Allll FACTSSS!!!!

  • @matiusbond6052
    @matiusbond6052 4 года назад +1

    GOOD PRESENTATION AND VIDEO

  • @atabelosconstruction9046
    @atabelosconstruction9046 4 года назад +1

    tom you should do a video on collecting deposits, my largest problem is scheduling a month out and people canceling when the time comes up, I hate worrying if we actually have a job, or not?

    • @wmluna381
      @wmluna381 3 года назад

      My boss won't put a job on the schedule without a signed contract and the deposit (or an official P.O.) 1st.

  • @Jesse_Lane
    @Jesse_Lane 6 лет назад +1

    Your videos are always so rich. Thanks, Tom!

  • @ruicarlosmonteiro4508
    @ruicarlosmonteiro4508 5 лет назад

    Hi you blow my mind serious this information is clear and helpful-thank you so much

  • @andersonandrew112
    @andersonandrew112 2 года назад

    I'm seeing a common theme now. I read a book the other day called "Profit First" and they couldn't emphasize enough how important pricing your jobs for profit really is. They insist on taking your profit from a job out first, then paying expenses and overhead with what is left. That will tell you pretty quickly if you aren't pricing your work correctly.

  • @maxinetba
    @maxinetba 2 года назад

    This content really helped me.

  • @florentineortiz3274
    @florentineortiz3274 5 лет назад +3

    #BMF!!! Amazing!!!! Thanks brother! You just said my ENTIRE LIFE STORY!!!!! I am an FW!!!!!!

  • @germantorres9890
    @germantorres9890 3 года назад

    You rock Tom!!!!

  • @tinodirienzo4086
    @tinodirienzo4086 5 лет назад

    Amazing video I never seen one of your videosThis one really hits home I’m going my company to the next level and I like the way you talk about FW’s you’re the best thank you very much not many people make good construction videos everybody talks about selling houses and insurance keep it up you’re the man

  • @OlomanaKboy90
    @OlomanaKboy90 4 года назад

    Good shit brother! Thanks for sharing your knowledge and time.

  • @tonyfazzone7397
    @tonyfazzone7397 5 лет назад

    HEY BROTHER. Your a good Dude. I appreciate your time schooling us.

  • @HookAgency
    @HookAgency 2 года назад

    Amazing! And please keep calling out the third-party lead sources lol! We are too :)

  • @yaircelis1175
    @yaircelis1175 4 года назад

    Make sure you value your FW's!! Don't let those people go. Those are the people that are making you money. Those are the folks worth more than 2 B's players. Treat them right and pay them well and watch how they will never leave your side. If they know that all they are doing is coming in everyday ready to work and not have to stress about paperwork or clients then they already won at life!

  • @pacibaco
    @pacibaco 6 лет назад +1

    Tom ! Nice power pitch man ! Whooo Hooo ! Struck a real nerve here ! I’m an employee and I HATE it ... reality is where I live ... I gotta get back out there

  • @blakef8088
    @blakef8088 4 года назад

    Wow you just solved all my problems man ! Thank you for your wisdom

  • @maneconstruction7241
    @maneconstruction7241 2 года назад

    Number 7 is like going to contractor church and the preacher's talking to you

  • @AntonioMartinez-xz3pt
    @AntonioMartinez-xz3pt 3 года назад +1

    Sorry I’m 17 , how do you pay yourself? And what does it means?

  • @hermanboing8489
    @hermanboing8489 5 лет назад

    I really appreciate your advice. I'm starting a remodeling business in a few months and find all of this very helpful! Thnx!

  • @kback9349
    @kback9349 2 года назад

    I love it. Thank you

  • @TheLowLandGardener
    @TheLowLandGardener 5 лет назад

    I just received 50 percent of the contract amount right now. Im paid.

  • @flhtcui2
    @flhtcui2 6 лет назад

    Thanks for taking the time. Just what I needed to hear!!

  • @3DCHome
    @3DCHome 4 года назад

    Great video. Wish I had heard this back when I started. Lot of hard lessons here.

  • @yuriyork8094
    @yuriyork8094 4 года назад

    It’s like you are speaking to me. It’s like someone somehow told you everything you need to know about me and my business and hired you to have an intervention with me.

  • @aquilarandallify
    @aquilarandallify 5 лет назад

    I hear the call of the champ!!!preach!!!

  • @HighMountainllc
    @HighMountainllc 3 года назад

    Legit AF. Exactly what I needed right now 💯 🔥

  • @kentforde6350
    @kentforde6350 6 лет назад

    I appreciate you taking time to do these videos

  • @sandracastoldi6663
    @sandracastoldi6663 5 лет назад

    Excellent video! Thank you

  • @jesuscruz-fv3vm
    @jesuscruz-fv3vm 5 лет назад

    That's exactly what I needed to know, thanks for sharing your knowledge.

  • @VCGConstruction
    @VCGConstruction 6 лет назад +1

    Great video brother!

    • @contractorfighttv
      @contractorfighttv  5 лет назад

      Thanks VCG. Make sure you join our private FB Group. facebook.com/groups/thecontractorfight/

  • @neiltravis5101
    @neiltravis5101 2 года назад

    God bless your brother you are a so fing right I have fallen into the same shit I was never thanks for it at all,,,,. Just screwed myself and my family over never again, but that's a great advice for everybody pay yourself first you're doing all the work.

  • @ShaunIvancic
    @ShaunIvancic 6 лет назад

    Great videos. Enjoy watching them in between appointments. Did have a question and I’m sure you probably have a video on it that I couldn’t find but what is sure process when you are the first one in the home and they still want to get other quotes knowing that you are probably the most expensive but provide the best service and don’t you subcontractors. By the way I’m in the window and door business in Florida

    • @contractorfighttv
      @contractorfighttv  6 лет назад

      Shaun-my Contractor Sales Academy teaches a way to handle this BEFORE you get to the home. Head to www.thecontractorfight.com for a bunch of resources to help you learn this.

  • @rebelde7520
    @rebelde7520 4 года назад

    👍🏾thanks for your advice, very helpfull.

  • @omndz3924
    @omndz3924 5 лет назад

    First time watching, great video!

  • @masterkey8623
    @masterkey8623 2 года назад

    🤣🤣 I love your f*ckin presentation sir,👏👏

  • @thefunwayfenderson9717
    @thefunwayfenderson9717 4 года назад

    Thank you for the motivation

  • @WeTheWaveTV
    @WeTheWaveTV 4 года назад

    Dude.... I needed this... Thank you!!

  • @Ocanadakiter
    @Ocanadakiter 4 года назад

    Thanks i needed to hear this.

  • @Danny-fs1hk
    @Danny-fs1hk 5 лет назад

    Another excellent video!

  • @takeoffready6218
    @takeoffready6218 5 лет назад +1

    Thank you,
    I took this video personal because I jumped into estimating Structural Steel without any experience and I haven't made a sale yet.
    I thought if I knew the prices I would sell more but even with the help of my boss I still haven't sold a job and I found this channel so I have high hopes I'm going to be a step closer to being a millionaire if I take advantage of your advice.

  • @rachelkucy3680
    @rachelkucy3680 4 года назад

    great video mate

  • @danielhausbeck9976
    @danielhausbeck9976 Год назад

    First Step: Acquire some skills that allow to charge $400.00 per man hour with a 50% personal gross profit margin, 2.) Get a website and build up your Google maps / Social media following, 3.) Hire a call center to help free up mental band width, 4.) Hire a crew of 4 guy’s to work underneath of you and build up the company credit and financial reserves, 5.) Have all 4 guy’s work with you on the job site for 1-2 years, then turn them into foreman’s, and have 1 crew of 4 guy’s work underneath each foreman, 6.) repeat steps 4.) and 5.) Until you issue IPO’s.

  • @PNdebt-hc2tg
    @PNdebt-hc2tg 6 лет назад

    Yes I have chased a few unicorns.. You lost me at the 50% profit thing.....bit high..I like my contingencies written in combined with good communication.Enjoyed it thxs.

  • @davidroberson7743
    @davidroberson7743 3 года назад

    I love this

  • @cantugarcia1
    @cantugarcia1 4 года назад +1

    Hell yeah I’m laughing too haha I love this video.

  • @gasolinog2159
    @gasolinog2159 5 лет назад +1

    Damn he was looking right at me, thank you thank you !

  • @claytonrobert498
    @claytonrobert498 6 месяцев назад

    Is there a structure of how you charge for your overhead?

  • @kevinherring260
    @kevinherring260 5 лет назад

    My goal is to start my own fire protection business. Is that a good business to start?

  • @Shirleycrofts
    @Shirleycrofts 5 лет назад

    Perfect showing my guys

  • @allison447
    @allison447 5 лет назад +7

    Wow - can he see us? How did he know my head was in my butt??? LOL

  • @summonerswarcanada8306
    @summonerswarcanada8306 4 года назад

    Soild man. Multiple times in this video I was saying to my self.. thats so true lol

  • @erickjuarez4074
    @erickjuarez4074 5 лет назад +1

    Love this! Why is it censored!!?? WE'RE IN FUCKING CONSTRUCTION. Anyways, love the vids!

  • @joechancellor220
    @joechancellor220 4 года назад

    When subcontracting all work out, what profit margins should I be striving towards? I’ve been estimating exterior jobs for the past several years and now I’m starting a business to subcontract out all work. Any advice?

  • @Chattererererer
    @Chattererererer 2 года назад

    Yea, but where do I find FWs?

  • @jeremydunston2089
    @jeremydunston2089 3 года назад +1

    Wouldn’t that be 100% mark up instead of 50%?

  • @phermcgee1797
    @phermcgee1797 5 лет назад

    I'm waiting for the T-shirts🙏Thank you so much brother #VeryGreatful

  • @acehandymanservicesfairfield
    @acehandymanservicesfairfield 2 года назад

    Great good Thanks!

  • @zoeboifresh1000
    @zoeboifresh1000 6 лет назад

    I really needed to hear that. Love the positive energy.

  • @w.o.v.solucoes839
    @w.o.v.solucoes839 2 года назад

    Nr. 7 🔥🔥🔥🔥🔥🔥

  • @robertoacevedo3805
    @robertoacevedo3805 3 года назад +1

    Budget budget budget!

  • @genconceptbuilders5288
    @genconceptbuilders5288 6 лет назад

    So real! Thanks for this video man!