19 Year-Old Starts a $125K/Year Construction Business
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- Опубликовано: 1 июн 2024
- Are you wondering how to start a construction business-and how much you can make with it once you’re up and running?
This video is sponsored by Onnit. Discover new levels of focus, memory recall, and mental power. Visit: www.onnit.com/upflip
Avanni Petras started Petras Homes in April of 2020 and it’s already grown enough he’s been able to upgrade his equipment. We’ll get his tips and secrets in today’s interview.
Avanni Petras didn’t plan for a career as a contractor. He got a part-time job installing concrete foundations while studying nursing in college, and saw it was a profitable industry with a lot of demand. By April 2020, he’d earned his contractor’s license and financed an excavator, and his construction business has been growing since.
Today, we’ll get the inside scoop from Avanni on how to start a construction company from scratch. He’ll share how much it cost to get up and running, what equipment and skills you need to succeed in construction, and how he advertised and marketed to grow his brand identity and bring in his first customers.
We’ll also hear what licensing is required for a construction business and how aspiring entrepreneurs can get the right training, not just to get the license, but to excel in your work after you have it.
Starting a construction business is just the first step. Avanni sees his business as a seed he’s planted, one that needs to be nourished to bear fruit. We’ll find out how he set his company up for consistent growth and what goals he has for the coming business year.
Whether you’re thinking about becoming a contractor or already have a construction business and looking for growth advice, there’s a lot to learn in this video! You can find out more about Petras Homes online at petrashomesllc.com/.
Want more expert insights on starting and running a small business? Check out our UpFlip podcast: www.upflip.com/podcast
Or you can watch our interviews with other hands-on business owners:
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Handyman Makes $1,000 Per Day (See How He’s Grown His Business) ►
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Timestamps:
0:00 Intro
0:48 Meeting the Owner
1:39 Utilizing Your Budget
2:44 Where To Find The Perfect Equipment
3:28 Tips For Invoicing Customers
6:13 How To Grow Your Revenue in ANY Business
7:44 Avoid These Mistakes When Starting Out
8:35 Tips on Becoming a Contractor
9:30 These Services Will Make You The Most Profit
11:16 Necessary Expenses You Need For Your Business
12:08 The Key To Keeping Customers Coming Back
13:29 How To Have High-Profit Margins
14:12 Tips on Running a Business without Employees
15:32 The Key To Advertising
16:45 This is Crucial To Get Into The Excavation Business
18:09 How To Grow Your Business During Slow Seasons
19:11 Don’t Give Up If You Struggle With This
21:06 Finding A Brand Identity
22:37 BLITZ time!
24:37 Don’t Get Stressed, Do This Instead
25:12 The Average Day in a Business Owner’s Life
26:19 Why You Should Always Think About The Future
29:16 How To Be Successful TODAY
#constructionbusiness #howtostartaconstructionbusiness #howtostartaconstructioncompany
What’s your biggest take-away from our interview with Avanni? Do you still have questions about how to start a construction business? Share them in the comments!
Please do a video on starting an auto repair shop.
@@jmahtab we'll do, its on our list ;)
@@UpFlip I watched the one on Sheepey Race but that is more of an anomaly in the auto repair industry. I'd really like to see a successful repair shop owner. It would also be interesting to get their take on what electrification and autonomous technologies will mean for their business.
How to start excavation company?
Love the story. I would love to be interviewed on how my brother and I went from $0-2MIL in less then 2 years.
Thats not a kid anymore, thats a grown man running his own construction company. What an inspiration
Yeah it's a lot of responsibility. Gotta give him some respect
Loved how he said he starts his day with prayer. Smart young man going all out. You should be proud of yourself.
We loved having him on! Thank you for being here!
I am 30, just hitting my 3rd year end in business, and what I can say is that communication and listening to a customer is #1. even if the job is small and you don't necessarily need the job. Let the customer know each day or every second day what's happening on the project and where your at. It will pay dividends. We increased revenue from 90k first year, to 190k this year.
This is amazing ABD Contracting. 😀Congratulation on all your success. Customer feedback is so important and can ultimately make or break a business. We appreciate you taking the time to watch and comment on the video. Can you provide advice for someone just getting started in the industry?
Goes to show you don't need decades of experience under your belt to start a business. My boss started a construction business as soon as completed his carpentry apprenticeship and is very successful. He told me he wasn't an outstanding builder, but developing good business acumen is what made him successful.
Yep all you need is decades of parents finances in the medical field to jump start your career as a business owner
I loath those types, they don’t know what they are doing.
This young man’s parents must be very proud. What an inspiration to anyone who is willing to put in the hard work and build a business from the ground up. This is what the American 🇺🇸 dream is all about!
So many little gold nuggets of information in this video. Thanks for posting.
Yes we completely agree! Thanks for watching this video!
Trust in Jesus Christ
@@juanit0tackit0tackito2and have a taco, it could be your last!
Proud of you Avanni....He is truly a smart and hardworking young man.
Indeed he is!
I'am 22 started my business when I was 19. I'm well over 200k for this year. I think I have a story that will not relate to others.
You didn’t take over your daddy’s business did you? Lol
No. I’ve been in the trade since about 8-9 yrs old. Grandfather taught me everything I know as well as other companies I’ve worked for. It was well earned brother. Thanks for asking!
@@DTSupstateNY why does someone success have to lead back to their daddy money or pockets? Why can a man just work hard for what he wants
Nice job I really want to know your story
@@kristiaaan970 watch my videos I’ll start talking about it here soon!
Wise kid, very inspiring! Im 34 years old, in my second year of operating my own masonry business.. and I have learned some new things from Avanni today! Great videos, keep em coming! Newly subscribed!
Congratulations on the masonry business , masonry Is a great essential trade that’ll be hear for many decades to come
@@victorramirez7343 How you making out in business?
@@bunnyman6321probably out of business by now.
19 year old was able to buy and finance a 80k excavator without a cosigner and only 6000 down? wow must've been born with good credit
Because its BS, these videos are highly deceiving for clicks and views, I've seen many of these videos and its the same old story.
@@arckanum332 you must not work hard enough, just apply at any construction job and your story will be the same as johhny boy here. you will make so much bank and get so many clients that you can quit and start your own buinsess pretty simple
Some tips I've taken from this vid:
1)to reinvest
2)to keep your prices as low as possible in the very beginning
3)take as many breaks as you need
4)get good at communicating with your customers
Some great notes! What business you're in?
@@UpFlip still a student :( but I'm trying to get into economics. I guess I'll start from there and see where it leads me to
@@UpFlip not a break but keep going even harder
Step #1: get a small loan of 1 million dollars
Keeping your price as low as possible is it terrible idea when you’re a business for yourself it’s all about sales and marketing and how do you sell yourself he could charge 200 an hour when other people have no problem getting 4 to 500 an hour for the same work it’s about the clientele and about what you bring to the table. But I’m sorry I’m not working $100,000 machine for 200 an hour that’s breaking even so charge what you’re worth
Glad to see you're young and doing well. You've got the right mind set. I'm 28 and just started my excavating business last year. I haven't quit my full time job yet but I'm down to part time. I'm sanout to make the leap to go full time for myself. You've given me more inspiration. Thank you
It's not easy starting your own business especially during covid. I started mine at 18 right out of high school( the excavation business as well) and 4 years later at 22 am still going strong. It's not easy starting so young but it definitely teaches you life lessons that most adults will never learn and forces you to mature early. This young man will do just fine if he keeps a level head and grows smart. Best of luck to ya. I will be reaching out to him over ig to talk shop. It's hard to find relatable ppl out there that own there own business. Nvm at a young age like us
Yeah. It is way better to start Young.
Sure. My dad started a very small construction company from the age of 25 then now his company is very big.the more im Watching this young man the more i amire him also my dad. Well
What’s your ig
Hey man I’m 18 I wanna start my own construction business how can I start 😊
I love stories like this! Congrats young man! You are doing what many people twice your age (or more) wish they would have done. Keep getting after it and best of luck!
Petra is definitely an inspiration to myself. Hearing him speak overall tells me he’s not afraid to bet on himself and try. He will continue to be very successful in the future.
I started my house wash company april 2020 right when the covid shutdowns began. Never expected I'd do 90k in 6 months. Marketing was my biggest hurdle but once I realized marketing should be your biggest expense and budgeted item then you can really get your name out and grow your brand
Once you’ve got the marketing of your business down packed and you are in front the right audience it’s straight to the top from their no question keep up the good work bro
How’d you market it all man? That’s my biggest struggle now
So many people called 2020 “the lost/worst year or the year that took the L” 2020 has been my favorite year to date (personal growth) I’ve been growing a little more every year since 2020
this is my new favorite channel hands down. i'm glad youtube fed it to me a few days ago. as a successful entrepreneur myself, watching shit like this gets me psyched up to hustle
This channel is the channel I have been looking almost all my life in the US. Thank you for making this channel and all the episodes and people you find. Thank you
big props to this guy. overcame his fear of talking to clients. communication is so huge in this business
Thank you UpFlip and Avanni for help!Really aprecciate you guys!😀
Thank you Avanni for sharing! Powerful and insightful interview... continued success, prayers & blessings :)
I’m looking into starting up a plow business. Eventually hoping to make enough to buy some equipment. Thanks guys for sharing this success story.
@upflip I love what you are doing. I've rarely ever come up on such channels, and I think yours is the best so far.
I do not agree with keeping prices as low as possible in the beginning. I wouldn’t charge what you want to be making 2 years from now but your prices reflect onto the customers you attract. Low prices sometimes (not always) mean you get more cheap customers. I’m not sure about you but I like a customer that doesn’t care too much about the price as long as the job is done and looks/works good. Good work costs money, don’t sell yourself short.
Exactly what I say brother!
Dude that's cheap don't give a fuck along as it's done lol
@@luisbustamante8549 what?
Somebody who says keep your price as low as basketball is because lack of experience and lack of sales experience and confidence $200 an hour does not cover $100,000 machine $500 an hour is a contractor hook up price operate my business at 1000 an hour that’s what I shoot for that way if I do negotiate and get me down I’m still at 750$. I just don’t like the fact that they make it seem like he built this out the mud as a poor kid obviously the house he lives out with somebody has half $1 million worth of cars in the driveway if you have a cosigner you’re set. Does took me three years of saving to buy my first machine and couldn’t get a loan Until my second year even then that loan company ripped me off it is a learning curve And that is by making mistakes losing money but this is not for everyone it’s a special kind of commitment it’s my entire life it’s all I do but I also love it I commented on yawls post because what is the most truthful in real they’re painting a fake picture
@@andrewcurby5654 How do you know it's his house or cars? It looks like a job site to me. You know because he's working on it. And he's financing the excavator. $1600/month x 12 = 19000/year. I'm guessing over 4-5 years.(80k machine) That's under 100 working hours a year(at $200/h) to cover the cost of the excavator . That's one 8 hour day to cover the cost for the month. Who in their right mind is going to hire out a 6 ton excavator for $1000 an hour.
Love this whole video! Thank you for taking the time to shoot it. I've been a contractor business and worked for other contractors subbing... Fresh mind and truth on the business is amazing! Keep it up.
Trust in Jesus Christ
What a legend! Definitely some wise words for running a buisness. I've been in construction for 12 years building homes. If you follow the advice given here you will have a really good chance of success. Thanks for the video. I really enjoyed it.
Dudes extremely humble, that'll take him so far in this life, he'll be a great boss to future employees
Ian Dulan - DGI Construction - Utah - My struggle was letting the projects come and trusting in the process to know guys can handle the projects, bidding the projects correctly that will cover the cost of overhead profit guys and other variables.
The questions were very giid. I appreciate your chanel so much!
Sheesh, this might just be your best one yet...straightforward answers.
Finding a Niche, that's an underrated comment
I’m so impressed by this young man! Keep up the good work.
Mad respect
Construction moves a crap load of money
If you wanna make a lot of money , YOU WORK FOR URSELF , NOT FOR ANYONE
Indeed! So many options to make money while working for yourself! Thanks for the comment!
Really smart and insightful kid. I’m sure he will continue to grow with that positive attitude.
Positivity makes a huge difference. Thanks for the great feedback Agustin.💘
Loved the video please do more videos with other construction business owners I got so much value out of this video thank you
Thank you! Will have more to come soon!
Love this!
I started a reno/drywall business less than 2 years ago. There's quite a few things I can very well relate to, especially the communication aspect of the business
Man this guy has a lot of knowledge early in his life. It's really inspiring hearing about this business!
Avanni, I just got a great inspiration from this video. As I am goin to attempt to start my own excavation business. Startin this spring. Very nervous about it. But am striving to do it and be successful. Your attitude outlook is the exact same as mine. If your not doin something u love and enjoy. Then it's not for you. Do what u love and enjoy. I could use any tips I can get.
Wow incredible video, this young man is very focused on his life and professional field, No wasting time !!! Great video upflip !! Big fan of your Chanel. I do have a landscaping company 5 guys on my crew I started at my 22 and now I’m 28 and Im very happy with my progress here in Los Angeles ca 🇺🇸
That blows you’re in CA, betcha can’t wait to be forced to have battery powered mowers and your ridiculously retarded taxes, move bro
@@bigbeef8935 I agreed bro
Here in Cali looks like more support to criminals that for hardworking people with vision, the taxes kill you here.
Might be worth calling it Petras Excavating. It makes it sound like he is a homebuilder.
Petras HOMES is the goal :). His goal is to become a builder/developer
Thank you for your input!
Would hurt to change it toExcavating and then later on change the name down the road.
@@connertbe7990 false. He is not doing big numbers. He should be super focused. You can do 20 million in excavating in a market that size. If he wants to grow later, it would be Petras development, Petras stone, Petras trucking etc. “Petras excavating, a Petras company” is the correct way to brand at that size if he wants his name to be on everything going forward
More videos about construction, please !! Awesome content keep going :)
More to come! Thanks for being here with us!
Consistency, determination, and discipline takes you far! Super insightful video!!
Traits for success! Thanks for the comment!
Upflip has approved my message from the last video showing young business men thank God.
We always listen to our viewers ;)
Trust in Jesus Christ
I feel this. I work in healthcare in orthopedics fixing bones with doctors which is like carpentry but for people's bones. I do well but honestly construction and carpentry is a passion. I build workbenches as a small side business but hearing this kids come-up story really relates to me
Bravo, young man. The sky has no limits to you.🙏👍
love this series.....well done!!
Awesome work guys great useful information
love the questions the interview ask,
Smart young man! Keep up the great work and GOD BLESS!
I recently opened my construction company and i was about to give up but he just motivated me.
Another great video. Love this stuff . You should have the people show their numbers, because it seems like most people don't understand what they make. Maybe it would help the people being interviewed
That's a good idea. Thank you for stopping by!
Word of mouth is the best. People like someone they can trust to do quality work. Someone who isn't gonna scam or run away if something breaks or fails. No surprises. Communication and trust is key.
This channel has brought me so much value
thank you for creating this 🙏
Comments like this is what drives us! Glad we can help.
@@UpFlip glad to hear it 😄
Very educational conversation. Thanks y’all
Thank you for watching and engaging with the content! Any business you want to see next? 🤔
@@UpFlip Yes please cooking oil business and carpentry in construction or high-end furniture.
This channel gives me hope thanks man
It means a lot to us that we can touch lives through our videos! Thank you for your support and we wish you the best!
@@UpFlip hope one day I’ll be featured take care
love this video, very inspiring.
I was thrilled to hear that he begins each day in prayer. A young, astute man going all out. You ought to feel good about yourself.
He'll go far... that's for sure 🙏
He'll go far, that's for sure 🙏
He'll go far... that's for sure! 🙏
19, worked as a labourer for 6 years, worked in nursing for 2 years... 🤔
wow thanks for all the advice. cheers.
I also own a business and we do everything from complete renovations to full landscaping/interlock. All I can say is if they don’t know when to call you vs call you for everything.
Great, video I will show it to my son. Thanks
Very valuable, thankyou for sharing!
Glad you enjoyed this! 🙏 Are you a business owner too or are you thinking of starting one?
Yes! Since 11 years already, in marketing@@UpFlip
wow only 19years old and already achieved a career in nursing. after 2years opens a business, work ethic is through the roof.
🤔 hmmm crazy to hear how everyone starts their business. I like this channel. Recently started a Landscaping/Hardscaping business in Minnesota just this last April. Lots of similarities as this gentlemen though lots of HUGE differences as well..thanks for sharing Petras
Great content! Love the in depth dive into business!
Appreciate it! So happy you enjoyed the video
Great video very informative and asked all the right questions!
Thanks so much Axel. 😀We really appreciate the feedback. Are you in the construction industry as well?
Sad you don't see too many young men like this anymore. Godbless and keep pushing!
I see allot on you tube
Agree with you!
To the excellent team, first of all I would like to express my appreciation for your channel and your amazing work, you learn from every video and see that the basis is similar in every business, your questions are precise and sharp, simply a pleasure to watch. I am from Israel and I have an insurance business, I would be happy if you would bring up business owners who provide services such as insurance agents, lawyers, accountants and the like. Thanks
Thank you that was a great video.
On track for success for sure . My advice would be to not be afraid of technology it can make work a lot easier. (CRM) to be exact to help out with communication with a client . Helped me out a lot for sure . I started with residential roofing now I mainly do commercial roofing . Keep it up Avanni .!!!
What's CRM?
@@bunnyman6321 stands for customer relationship management. Software that lets you manage all you jobs with employees and clients (scheduling, work orders, update clients , sales management and many other things. Jobnumbus is a good one as well as Acculynx .
@@MasotaMau Interesting!
Thank you!
Really really great video. I’m 16 right now but when I get older I want to do the same thing that he did and he’s doing. This really helped me out! I want to grow to where I only do major earthworks but that will come with time if I start where he did!
Thank you for watching Aven. We're so happy this video inspired you and we think you'll do wonderful in whatever you choose as a life career as long as you are doing what you love to do. One thing you can start doing now is to start working on a business plan. Please keep us updated with how you are doing. 😀
@@UpFlip Yes! Thank you for getting back to me! Don’t worry I already got my entire business plan figured out! Thanks again for getting back to me and making this video!
Truly an inspiration!
Inspiring. I should also start my own company, since I also did constroction work. its that simple!
Good kid with good parenting there. Smart too and glad his getting better at talking to people
It's all about continuing to improve right?! Thanks for being here!
Integrity is the key to success. I wish him more success.✌️🚜
We agree! We hope the same for you too!
Interesting approach. Keep killin it man
Appreciate you watching Russell! Are you currently in construction?
Great video! We ordered our dump trailer and it was ready for pickup the week everything went on shutdown in 2020. We just went full time with our company in May of 2021. I'm glad to hear we are taking a lot of the same approaches as discussed in the video. Perhaps we need to focus more on the face to face word of mouth advertising though. Look forward to continuing to follow Avanni's success.
Congrats on going full time, That's not easy to do!! Glad you had some takeaways from Avanni story, Keep us updated! We love to hear from our supporters
This is a great video… great questions asked!
We really try to ask questions most relevant to the business we are interviewing! Thanks for the support!
Great interview.. great operator. awesome....
This young man is going to do great , hats off young man and good for you 👍
This is very nice of you Five String.😀 We love seeing such young and ambitious business owners. What type of business would you like to see featured next?
His overhead is much more than 2k a month. He didn’t calculate fuel or paying his helper for the days he needs him.
Or maintenance/ repair. Might seem unnecessary with the new machine, but it is real easy to do some real damage real fast in an excavator. Plus, the selective catalytic reduction system on those new Takeuchis are fickel as all hell.
Bingo.
Not to mention the unreliability of his 6.0 truck. That's going to be a nightmare. He's going to need a lot more income!
@C B not to mention insurance cost; vehicle, general liability, workers comp if you have employees. Fuel and maintenance cost, advertising, etc. Loads of costs not mentioned. Equipment loans, Payroll and payroll taxes for state and federal for example.
yea reality is a lot of things take their cut in construction, just make sure you charge right/good and do good work is priority, also understand that you cant do good work for someone that doesn't know what they want, so clear that up
Good interview as always. I have to suggest he start branding his jackets and hoodies, not only his t-shirts. His logo would look great on flannels. Keep up the good work!
Great content!!!
That last advice was golden about work life balance. I usually find myself working till I pass out and being called a workaholic.
Yes, Tommy. Work life balance is so important. Have you found a way to make time for yourself outside of work?
This kid impresses me 👏
He impressed us big time!
Great video. Thank you
Glad you liked it Jonas. Thanks again for supporting the channel.
Flipping good questions from interviewer!
I just started a Home improvement company 2 months ago but I have been in Home Improvement sales for almost 18 years before taking the plunge.
He needs to learn and improve his sales skills but he is doing good so far. My sales skills helps me to grow my business quickly and also you have to love what you’re doing. I practically works 7 days a week as long as I have a client in front of me.
Congrats Jam! That's fantastic. Sales and doing something you love is very important in running a successful business. What's some other advice you have for new business owners?
This was really helpful, yet simple. Im starting a 6 figure painting business wish me luck guys📈
Thank you! Wonderful Skys. We love to see if. Congratulations and you got this.⭐ How long have you been in the painting industry?
Congratulations 🍾
I’m 18 and close to $100k/ yearly. Hard work goes far
Great kid with amazing future. God bless you always 😊
Thank you for your kind words.
Starting a business is one thing. Starting a construction business is another. You gotta really know what you’re doing as I’m sure you all know. Good for this kid
Hello Chris! Thanks for the feedback. Yes, starting a business can be challenging. Would you ever consider getting into construction?
@@UpFlip I’m almost 28 I’ve been a carpenter since I was 16, that went to commercial carpentry in schools and gov buildings and now I am in the sheet metal Union out of Washington DC
I like his integrity and motivation. The only I would change about his methods is his finances in his equipment (excavator). If your new to the construction business and money is tight, I would lease an excavator with reasonable miles in it and then buy it off after a few jobs. That way you’re not in debt right off the bat when buy it brand new and the jobs didn’t go well. But overall I enjoy this video and wish him the best.
Thank you Bryce! Are you in the construction business?
Sounds Cool dear Petroes Home Guy
I see a little bit of myself in you. i started 2019 in Tree cutting Business and now i start to have employees.
Good luck in what you do and trust in the Lord, he will provide.
Do you have any videos on a welding business?
We need more of theses construction videos
More to come for sure. Any specific questions you’d like answered?
@@UpFlip honestly I would like to ask a house building contractor how they got in to building houses because it seems like something difficult to get in to
@@damianpascual97 I just started a contracting business last month and posted on FB marketplace that I do build on site sheds. I’ve done a shed, then a barn, just finished a home office, and now have a contract to build a 600 sq Ft Cabin. So that’s how I plan on getting more and more into new construction. Start small and build references for bigger and bigger projects. Hope this helps a little
@@joshuaberry6962 it does thank you
Thank you for that!
Thanks for watching Miles. Are you in the construction industry?
Getting some Ken white construction vibes lol. Would love to see him show off more of what he does, I'd follow him along on RUclips.
I hope to meet you one day. Thanks for sharing.
Inspiring ! Ive paid more than 2k Per month on lawyer fee's....Makes me want to grow and learn from my mistakes ! It really does show how easy and cheap it is ! 5-10 Years from now I can be doing my own thing !