How NOT to LOSE Money in Roofing Business: MUST Watch for 1st Year Owners!

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  • Опубликовано: 12 янв 2025

Комментарии • 61

  • @RoofingInsights3.0
    @RoofingInsights3.0  Год назад +1

    Dmitry's Marketing Program: MyMarketingFitness.com
    🛠 ROOFERS: grow your business with me: roofing-school.com
    🏠 HOMEOWNERS: find your next contractor w/$20k guarantee directorii.com
    👉 JOIN us at the annual Roofing Process Conference: roofconference.com
    📈 CONSULT directly with Dmitry Lipinskiy: dmitrylipinskiy.com

  • @shelbyadderly6715
    @shelbyadderly6715 Год назад +5

    Man.. what you've conveyed was what's needed in order to move forward in the right way,and how to keep moving without falling face first. Ignorance is deadly, blindness will cause a crash, and survival is serious in this market. Your content, character and commitment means a lot. You are that ( Locomotive ) Thank You Bro!

  • @Fourreal247
    @Fourreal247 Год назад +6

    Top 5 Roofing videos in the last 3 years ❤

    • @RoofingInsights3.0
      @RoofingInsights3.0  Год назад

      Thank you so much! Glad you found value, thanks for engagement!

    • @TKayCO
      @TKayCO Год назад

      100% agree. Very good!

  • @FranciscoMarcialA
    @FranciscoMarcialA Год назад +2

    even though the advice is redundant, some of us are definitely stubborn and need to hear it multiple times. thank you. ❤ congrats by the way

  • @pinkroofingusa
    @pinkroofingusa 7 месяцев назад

    Best video ever and can’t wait to listen 10x .
    Gold!!!

  • @sparksmcgee6641
    @sparksmcgee6641 Год назад

    Im 53, and I've had 3 businesses. Im a builder now. This is a PERFECT plan for starting a business.

  • @gusto1557
    @gusto1557 Год назад +1

    Good content. Some very simple take aways and some other that we all know we should do but he reaffirmed.

  • @brandiburk2820
    @brandiburk2820 Год назад +3

    This was great, thank you, Dmitry.

  • @Swampfox42
    @Swampfox42 Год назад +3

    Not enough time spent on the audits! Just went through my first audit dispute where they tried to reclassify ALL of our labor as a code with 3x premium. It’s important to understand what triggers them to do that, and how to avoid it. Also VERY important to understand what you’re paying for insurance and build that in to every job. Same goes for taxes and all overhead for that matter. Figure out the minimum you need to charge to stay in business and add what you want to make from there.

  • @jjsroofing860
    @jjsroofing860 Месяц назад +1

    Very informative. Thank you.

  • @desertskyroofing
    @desertskyroofing Год назад +3

    Love your videos and this was very helpful. Question, in the video you said if we need $7500 for vehicles we need to have $75000 in sales. You seem to see this as 10% of sales. You also used percentages for the office (10% of gross sales). What percentages do you feel are appropriate for the pay for those doing the work if you use hourly, not subcontractors?

  • @MYRONone.
    @MYRONone. 10 месяцев назад

    i’m starting my own compost soon thanks to your videos for the support on this blind ride to being a business owner

  • @DavidSummerly
    @DavidSummerly Год назад

    This video is phenomenal! It can be generalized for most business too.

  • @onpointroofingrepair7167
    @onpointroofingrepair7167 Год назад +1

    Great video very informative when starting a roofing business
    I needed this
    Thank you bro

  • @TheRoofDoctor96
    @TheRoofDoctor96 Год назад

    Aussie roofer here
    Just went on my own recently.
    Thanks so much for the information bro

  • @jaysonbooth1381
    @jaysonbooth1381 Год назад

    Thank you Dmitry for this video and congratulations on 100k subscribers!! I’m watching as many videos as possible!!

  • @ApexRS_Chavez
    @ApexRS_Chavez Год назад

    Good Stuff my man! This is way more helpful than most content out there.

  • @jamesanthony4974
    @jamesanthony4974 Год назад

    Great video Dimitry! I’m in the process of opening a roofing company, this was a huge help! Thank you!🙏🏻

  • @WeFindSimpleSolutions
    @WeFindSimpleSolutions Год назад +1

    This is a great video, definitely covers a majority of the issues and problems. We ran into, when we started. 💪

  • @martellfletcher
    @martellfletcher 7 месяцев назад +1

    Are there any biographies from successful roofers that you would recommend to a beginner in the industry?

  • @user-ei4jp5sz5c
    @user-ei4jp5sz5c Год назад

    Great video. Helps a lot for us in our second year in business.

  • @MasotaMau
    @MasotaMau Год назад

    Great video Dmitry will help a lot. Currently 5 years in started with residential now commercial .

  • @stevecardon4834
    @stevecardon4834 Год назад

    I feel everyone of those mistakes. I learned a lot from this video I wish I had seen earlier.

  • @ivanmiller4992
    @ivanmiller4992 Год назад

    Hi I'm Ivan, I have watched some of your videos and I'm planing to start my own roofing business in spring. What are some things I can prepare for and be on top of it till then

  • @darrincoy9361
    @darrincoy9361 10 месяцев назад

    Which CRM do you recommend and what are your thoughts on tv commercials? Local

  • @TouchingwordsUW
    @TouchingwordsUW Год назад

    On paying employees not being over 10% is that also for in house installers?

  • @TKayCO
    @TKayCO Год назад

    What a video!
    I’m just starting and am so glad you made this one.
    Thanks 🙏🏼

    • @RoofingInsights3.0
      @RoofingInsights3.0  Год назад +1

      Good luck in your beginning! Reach out if you need help!

    • @TKayCO
      @TKayCO Год назад

      Thanks mate. I will do :)

  • @reyflores1751
    @reyflores1751 Год назад

    I'll keep watching videos from you
    Great content

  • @BayatDigital
    @BayatDigital Год назад

    Great video as always Dimitry! 👍

  • @jimthompson9929
    @jimthompson9929 Год назад

    Good video. Lots to learn here.

  • @marcus.639
    @marcus.639 Год назад

    Solid advice thanks man

  • @cruzvillanueva5253
    @cruzvillanueva5253 Год назад

    Thank you for the great content.

  • @dannyboyssj
    @dannyboyssj Год назад

    This is the video that made me sub loved the info thank you very much

  • @samarafat6448
    @samarafat6448 Год назад

    Great video, thank you so much 🙏🏻

  • @samtroyer1457
    @samtroyer1457 Год назад

    Great info 👍

  • @jamescarone9553
    @jamescarone9553 Год назад

    I work for a friend who has a small residential roofing company. How do we lower general liability insurance cost? There basing our cost on projected sales from the previous year's growth. We are on our 3rd year and practice many of your tips to be successful for the long term. Ty.

    • @sparksmcgee6641
      @sparksmcgee6641 Год назад

      You can't reduce your insurance. You're paying for a product that you need.
      If you plan on staying the same size request an audit mid year. You're paying for coverage in a dollar amount of work.

  • @prestonneubert1983
    @prestonneubert1983 6 месяцев назад

    Good stuff

  • @ramrab8368
    @ramrab8368 Год назад

    Hey Dmitry, aren’t businesses supposed to pay taxes on a quarterly basis? I’m curious to know what causes a business to end up with a huge tax bill like that. Awesome video. I’ll be rewatching this one 👍

  • @MrSplash42
    @MrSplash42 11 месяцев назад +1

    Should talk about these roofing companies that don't pay their subs and use money from the business for their personal use and end up being broke. That pisses me off big time.

  • @alanmackenzie9712
    @alanmackenzie9712 Год назад

    When I do my estimate and when we collect are 75% deposit I immediately purchase materials. My issue honestly is cash to invest any Suggestions .

    • @alanmackenzie9712
      @alanmackenzie9712 Год назад

      I have been in business for 6 yrs I haven't had a 100,000$ yr yet I use sub crew but am on site start to finish I just secured my crew it's been tuff but I have hung in and continue to get good reviews I'm just not making enough to invest back I know I need to advertise I have done flyers I'm on Google and Bing. My credit not so good. Bottom line I'm doing good work but I'm not being found enough.

    • @alanmackenzie9712
      @alanmackenzie9712 Год назад

      Maybe I just need to save if I can