Starting a Handyman Business is NOT Risky - Here's Why
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- Опубликовано: 28 июн 2024
- Learn about handyman business insurance here: www.handymanstartup.com/handy...
In this video I talk about why starting a handyman business is actually less risky than working a day job.
Most businesses carry a lot of risk with them in the form of large startup costs, overhead, and a low likelihood of success. You've probably heard the saying that 9 out of 10 businesses fail in the first 5 years. Well, that doesn't really apply to the handyman business.
That's because when it comes to the handyman business, you can actually expect to succeed. Since the business is so hard to scale and for one company to dominate the industry, the financial rewards are much more evenly distributed between professional handymen. Even if there are already 100 competitors in your city, there is still likely enough work for you.
Since most service providers actually suck and aren't motivated to give great service, it's easy for a motivated person to rise to the top.
To learn more about starting a handyman business visit my website: www.HandymanStartup.com. 
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I was a handyman. Now I provide yardwork service. The advantage is recurring income. I can do a bathroom remodel and make a great payday, but, no regular, predictable income. I do a yard clean up ( I call them Overhauls ) for a nice pay check, and get paid to maintain it every month for the rest of their life!
I started working as a handyman calling at my side business. at first it was just a few hundred dollars a month but it quickly morphed into enough income to replace my day job.
I love working for myself, helping people, in making a lot more money. The biggest part of being a handyman and growing your business is the referral customers you will get. Some of my clients have referred me to a half a dozen other people. That alone makes you feel that you're doing something right.
No matter where you live in this country there is not a house that doesn't have a door that squeaks or a toilet that you have to jiggle the handle. In other words no matter where you go there will be a job waiting for you as a handyman.
Kudos for the Video! Apologies for butting in, I would appreciate your thoughts. Have you thought about - Rozardner Successful Handyman Reality (should be on google have a look)? It is a great one off guide for how to start a handyman business without the hard work. Ive heard some decent things about it and my work buddy finally got amazing success with it. 👍😎
Thanks for the Video clip! Sorry for butting in, I am interested in your initial thoughts. Have you thought about - Chiveard Racing World Framework (search on google)? It is a good exclusive product for learning how to start a successful handyman business without the headache. Ive heard some extraordinary things about it and my mate at very last got excellent results with it.
Don't forget if you're good the Handyman business is recession proof!
Are you still doing handyman business? I want to start but don't know how to get my name out there
@@ProfessorM_PhD yes, I am still doing it, I really enjoy it and we'll go as long as I can
Good advice, go for it ! Takes a while to get established and get the word out ,but if you do good work and are reliable you will succeed
Cheers for the Video clip! Excuse me for chiming in, I would appreciate your opinion. Have you heard about - Rozardner Successful Handyman Reality (google it)? It is a smashing one off product for how to start a handyman business without the headache. Ive heard some amazing things about it and my mate got excellent success with it.
Kudos for the Video clip! Forgive me for chiming in, I would love your thoughts. Have you heard the talk about - Rozardner Successful Handyman Reality (erm, check it on google should be there)? It is a good one of a kind guide for how to start a handyman business without the normal expense. Ive heard some amazing things about it and my mate finally got cool results with it.
Could you do a video of the tools you use daily?
Great advice and you backed it up with information.
You must live in a pretty linient state. Here in Virgiina you need licences and permits for almost everything. It starts to get pricey really fast. Plus insurance can get pricey here as well.
Thanks for the advices. I honestly enjoy the info you provide. I work as a 3rd shift Maintenance Engineer and during the day I run my side renovation business. And your videos have help me a lot. However, I want to quit my job and start full time in my business so I need your help please.
Thank you for the video. What are the best practices?
Nice video. Excellent
I’m going to give a try!
Good video! There is so much opportunity in this business for sure!
I've always wanted to be a gypsy. They started the handyman business industry. But they took your money and never did the work or did shotty work.
Cheers for the Video clip! Apologies for butting in, I would appreciate your opinion. Have you tried - Rozardner Successful Handyman Reality (just google it)? It is a good one of a kind product for how to start a handyman business without the normal expense. Ive heard some interesting things about it and my mate at last got amazing success with it.
Reason being is even with the money you can make it's hard work many are not willing to do.
Thanks man
Please also do Lyft and Uber. Use that business FOR your business. Cuz everyone who gets in is a client. Tell them that you're a handyman or that u cut hair on the side. If you bake, carry some goodies as samples. Help guys like this dude promote his site cuz it's good karma since he's doing what he does to help all of you.
i know it is quite randomly asking but do anybody know of a good place to watch newly released tv shows online ?
@Shiloh Kieran I would suggest flixzone. Just search on google for it :)
I like your video's. How about one on your marketing. How you use social media, door hangers etc.
Great Video clip! Forgive me for the intrusion, I am interested in your opinion. Have you heard about - Rozardner Successful Handyman Reality (erm, check it on google should be there)? It is an awesome one of a kind guide for how to start a handyman business without the normal expense. Ive heard some extraordinary things about it and my old buddy Taylor after a lifetime of fighting got great results with it.
Where did you advertise your handyman service?
What's the best way to get and prospect jobs? Starting out
I got an issue though. I do HVAC in a town 25 miles from where I live. I don't know how I could do too much side work without getting in trouble. i.e. being competition etc... People talk in east Texas and I don't wanna burn bridges
Hi thanks I’m learning many things my big question is if I’m going to offer handyman services di I need sny work licensing or business licenses if I’m starting or trying if handyman is good for me di I still need any licensing
Check your state licensing board. Here in California if you make less than $600 a day or per job, you do not need a contractors license. A few cities require that you have a Handyman license to work in that city but for the most part you actually do not.
Thing is though you'll be making far more than $600 a day so it pays to obtain a contractors license.
Pick trade in construction any trade work it for 2 years under jorny man or less. I recommend HVAC. As I am HVAC master it's breeze to learn. Even if like me I couldn't tell you how ac unit gets cold I can run duct in any application. I know how air flows and how measure it. The rest is doing piece work makes you happy. I live painting walls, changing toilets, roof repair. Things I hate electrical.
Electricity and plumbing are home runs. Best thing I ever did is get that plumbing license.
What insurance company do you use in case you make a mistake?
www.handymanstartup.com/handyman-insurance/
Handyman is a good one for sure, but most services businesses kind of suck to be honest and I would rather take the risk for a product/brand business.
What sucks about making $1,000 to $2,000 a day? I mean that's what you're working for..........
@@billysyms5761 anything that works is good as long as you love it.
@@SharifSourourLoving what you do is the silliest game plan of them all. Love making money and loving what you do will grow on you. It's about making money - and a good tradesman makes money.
@@billysyms5761 The only time making money is a worthy goal is if it is your passion and cures your boredom, otherwise no point, especially if you are a good manager.
@@SharifSourour To every Millennial or Gen X'r reading this, this is the mindset that will keep you living at your parents house. A goal without a plan is just a dream. If you are starting a business, making the money comes first, second and third. If you grow to like it that's a bonus. I know a lot of dudes like this guy who loved what they were doing but were not business savvy. That "I could have been a contender" shit, don't let that be you.
I might suck
Old homes will scare the crap out of me!
First time someone writes you a check and the number has a comma in it, you'll get over your fears.
My biggest question is: How do I advertise?!
Go to handymanstartup.com and start reading my free articles. That way I can explain in depth.
I just sat here and calculated the potential of lawn care - a simple business. You would have to work 70-plus hours a week to make a good living.
Then you calculated wrong. But then again I live in California. My father in laws business doesn't require him to work that many hours. Most I see him work is around 40 ish
You should have a reasonably fast mower and bill out about $75+ per hour. Having a helper at $15-20 will get more work done quicker. Gas and insurance need to be accounted for. Work 40 hours and your helper for 40 hours is 80 hours of labor. If you billed at $75/hour, you’re making $6,000/week for a minimum of 26 weeks. So $156k/year. Pay your helper $1,000/week is $26,000/year leaving you $130k/year before gas and expenses. Call it $100,000
@@shannonp4037 not sure if your math is correct. 40 hours for you and 40 hours for your help is still 40 hours if you are working together unless you work 40 and he works 40 in addition to your 40 would be 80.
Simple Steve He is calculating separately simply because the hourly rates are different. Of course they each work the same 40 hours but since he pays his employee less it is easier to calculate each as a separate 40 hours.
I often see this guy that comes in the bar on Friday nights . He tells us he is making a fortune just going round mowing lawns . He also has this amazing looking girlfriend who does all kinds of crazy stuff with him in bed and that no one has ever met , and he is driving round in a beat up old truck because the new car he bought last month was recalled by the manufacturer.
Its not winner takes all
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tools and vehicle costs money.
Compared to a storefront? $5K will get you every tool you need. I started working out of a Dodge Omni. Startup is nothing here. Having the work is another story.
Oh how real tradesmen wished more of your generation thought as you do. Hard work turns the majority of you off. These are the good paying jobs of the future.
Ughhh most of your comments are bots... I realize they increase your YT metrics, but they kill any valuable community building on your channel. Please delete them.
BTW It's not "Winner takes all" at all... It's marketing! LOL
In new jersey, its very risky. Lot of rich white people looking to take advantage of the service employees.
Very few youtube channels will ever make any REAL MONEY. lol.
Stop saying "okay" after a sentence.
okay
@@StayHandy i'll be watching.
@@andyrix54 Don't be So Rude, DEAR
@@StayHandy Thanks a Lot
@@arjoonkuroo8795 Think of it as profesional development. Success is in the details.