In my beginning days of contracting and the family was young, I often was afraid I would loose the job if I thought the bid was too high. That was a mistake. Most people, I found out, weren't as broke as I was. So my thinking was in error. Bid the job so you can make a profit, other wise you are going to loose and you can't afford to loose or why even do it. Todd, you are a good estimator.
@DigginLife216 ай бұрын
Thanks Condee🙏🏻
@conradleonard41474 жыл бұрын
One of the few guys in the excavation field on youtube to put actual costs and numbers out there. Really appreciate it. We have all had to learn from under bidding and we have all had that uncomfortable feeling in our guts giving a client what seems to be high bids. The one thing I try to convey with my quotes are that, the clients $5K is going to go twice as far as the other guys $4k A good, reasonable costumer will always pay (within reason) for a reliable, prompt and quality service. I know I do.
@flat6fever6802 жыл бұрын
Yes quality is hard to explain and justify to customers. They can't always wrap their heads around paying more for the same item. I have to explain it is not like shopping for the same Samsung 48" TV. These jobs are not like comparing apples to apples. There is SO much more. Quality equipment, professional work and appearance, reliability, service after the sale or job etc.. You really have to sell yourself as much as the job. The nickel and dime customers aren't the ones you want anyway. The higher price weeds out the riff raff. And ultimately this is a VERY expensive operation to run.
@josephraymond40084 жыл бұрын
Out of all the earthmoving/landscaping KZbin channels out there, yours is by far the best resource for those wanting to get into the industry. Thank you for all the straightforward information!
@DigginLife214 жыл бұрын
My pleasure and thanks for watching
@joemiller55274 жыл бұрын
One thing I would consider is subbing out the hauling. We have our own trucks as a convenience to us to get out of a bind and move equipment but we make our money working our machines. 4 loads on quads and it’s done 4-5 hours of spreading and you’re out of there you make good money and put the wear and tear on someone else’s truck. It may be painful to see your truck sit but you’ll always make more in the seat of a tractor or excavator than in the seat of a truck.
@StephenZ8274 жыл бұрын
Agree, much better to knock out that job move on. Worried about getting snowed in, getter done....
@jeffkenyon70844 жыл бұрын
Good advice 👍
@PaulWhitedWoodStoneIron4 жыл бұрын
I totally agree we move in have big trucks haul in larger loads that I can and keeps me in my machine and then move on out fast.
@DigginLife214 жыл бұрын
If I didn’t enjoy driving I would sub out more.
@JT-qf4it3 жыл бұрын
In my area of central Fla. I can't depend on getting someone to haul for me when I need them. So I haul my own material and charge for it. I pocket the hauling instead of paying a sub.
@RED44244 жыл бұрын
Video Request: Top equipment picks for entry level grade work. Possibly go through and pick like three loadouts someone could start off with whether its a truck, dump trailer, skid steer. Or dump truck, tractor etc. I appreciate what you do with this channel. Valuable information for sure!
@mikel9567 Жыл бұрын
Bare minimum to start and be profitable and efficient would be 550 or 5500 with dump bed, 16' equipment trailer and a Kubota L2501 or larger. Box blade, loader, backhoe would be the attachments I would get at a minimum. Skid steers are great but they are really expensive to purchase and maintain. They are also very heavy. The Kubota L2501 with backhoe and loader can be pulled behind a 1500 or 150 easily.
@ridingwithcharley68213 жыл бұрын
Always give a price with confidence. The higher the price, the more confidence you should show. Confidence will outsell a good reputation to a residential customer every time. A bad reputation will just prevent you from getting new customers, not selling a new job. If you hesitate when giving a price, if you seem even a tiny bit unsure, the customer will feel your not telling the truth and find another bid. Always add and fluff the bid for unforeseen events, and never spend the excess on yourself. Always spend it on the company getting better, ... better equipment, better maintenance, better advertising.
@DigginLife213 жыл бұрын
That’s some great input Charley 👏🏻👏🏻👏🏻. Thanks for sharing
@MyTractorGuy4 жыл бұрын
OMG, I'm getting fleeced on my material cost. 😢 LOL! Seriously, this is EXCELLENT advice. I have told customers that "I know my price is a bit higher, but that means I'll make a profit which means I'll be able to stay in business. That gives you the peace of mind that if you have any problems or issues you know that I'm going to be around to honor it. Those low price guys might not be around." It does no one any good to be "the cheap guy" and go out of business. That hurts both us and the customers who we are no longer around to serve. Just my two cents and about all it's worth.
@alanhollis96103 жыл бұрын
I have learned a lot about this sort of work through your videos. I lost my business during the covid situation and now I'm starting over. I'm doing lawn care and landscaping but I want to add to what I am doing. A couple of customers asked me if I can do a driveway for them. Naturally I said yes. But also let them know that this is a new venture for me as well. So they're trusting me to get the right information and get the right materials and do the job. So I'm putting in the work and doing a lot of praying.
@DigginLife213 жыл бұрын
You can do it!
@sunseeker6088 Жыл бұрын
One important thing you want to ask your loyal customers is…….do you want me to install driveway fabric before installing the gravel. This will keep your customers driveway looking better year longer than just plopping down gravel. Take care
@genecoppedge5972 Жыл бұрын
Thanks! Great information from someone who didn’t read it out of a book but actually learned the trade by doing.
@mimnaex72634 жыл бұрын
I love these videos! I don’t know how many times I price a job and tell myself man this looks way to high, but that’s what it has to be in order to make a living and keep the lights on. My stomach turns sometimes overthinking the quotes trying to put myself in the home owners shoes. 9 times out of 10 though I give the quotes and they don’t bat an eye at it and ask when can I start. I’ve given quotes that were higher then other competitors but the home owners have said that the way the quotes were presented to them with different options, actually talking with them and making them feel like you honestly care about their project are reasons they trust to spend the extra money. Also following up on projects to ensure the customer knows you care is huge for word of mouth!
@DigginLife214 жыл бұрын
Well said my friend
@OscarGonzalez-ox5bs3 жыл бұрын
Ive never heard someone explain their estimates soo clear, glad to have watch this
@MadDogMav7483 жыл бұрын
Thus channel is so underrated
@Mistypoo7024 жыл бұрын
Dude you probably have the most underrated small Buisness video production I watch. So much good information 👍
@briancorboy10423 жыл бұрын
I enjoyed this video. It's nice to see a tradesman pass some hard earned knowledge to the new ones coming up. As a business owner, I look back at the jobs I did, and what I charged, the first few years I was in business and shake my head. Hopefully the new guys will take your advice.
@tractorjeff4254 жыл бұрын
Google earth to measure, and a gravel yardage calculator works 98% of the time. The other two percent, I drive out and get eyes on it if I’m unsure of something. Good luck to all the new guys on here.
@fnfal893 жыл бұрын
Thanks Jeff
@sunseeker6088 Жыл бұрын
It was painful watching you roll that little tiny measuring wheel. I will buy you are larger one for 🎅 Christmas. Thank you for all of the golden nuggets in your video.
@PadoinkyАй бұрын
(1) Y’all are doin it correctly - have a template project plan that requires inputs for each of the prep efforts (equipment needed, FTE, fuel, wear & tear, route, transportation, travel, access, storage, etc) and then for the job itself and then as y’all noted, for the close-out and take-away phase…. It maybe easier to double count efforts and steps, but it’s indeed very likely and much easier to omit and overlook things that might seem trivial, but which do really have cost and time (aka costs) considerations. Materials be the ordered and delivered or ordered and picked up and delivered, should also have a mark-up as y’all are spending your time and knowledge to identify, evaluate, measure, negotiate and install said materials, all of which are value-adds you’re providing… (2) smart man to have your truck interior seats covered by canvas seat covers👍🏻 (3) by tracking the inputs and efforts required by job, by step/action/effort, and recording the actual time/cost vs planned estimates gives you a sense of your estimating quality for the estimate vs the actual costs…once y’all have a history of efforts and materials for all your jobs and the only variable to update is the cost - the material amount and it’s cost, fuel used and costs, labor hours incurred and the hrly labor rate, the wear/tear and the equipment and of course, the overhead (biz insurance, employment costs such as taxes, withholdings, etc
@thatguy34814 жыл бұрын
Great video.. been grading for 20yrs, absolutely love it... I don't do the estimate, but know for sure. If u get every job your bidding, your working way to cheap an will be outta business soon 💸. Don't sell your self short. Every job is its own job !
@actionhiro42223 жыл бұрын
Great Video. I operate a similar business and I have been doing it for over 30 years. I appreciate your in depth approach to quoting a job. I do a lot of commercial work and I have many steady clients that don't ask me for a quote. This Video reminds me to add up my preparation time more carefully, especially for a complicated job that require a lot of preparation work. Example, sourcing materials, picking up materials and loading it at our yard etc. etc. This video is really helping me right now, to complete a large invoice ( over 200k ) and explain it to my customer if need be.
@patrickmercante43762 жыл бұрын
YOUR SOUTHERN ACCENT MAKES ME LAUGH. YOU SURE HAVE TAUGHT ME THINGS. THANK YOU.
@Bambamlynch7042 жыл бұрын
I’m in nc. And my brother and I are starting a company we have a combined 30 years of experience in heavy equipment and utilities. So definitely glad I found ur channel
@johncurrie1789 Жыл бұрын
Great job! Didn't know you were in Black Mountain. Worked there for several years in the 80's. Great place to be!
@ceadeses4 жыл бұрын
This is a great service you are providing , really appreciate your honesty.
@blueboat59174 жыл бұрын
You have a fantastic channel. Most of the time when I'm trying to learn how to do something from KZbin, there are just so many steps left out. You reveal it all. Many thanks and I hope to use your information to start a business in the new year.
@rcb17173 жыл бұрын
Ay brother (feel weird “fanboyin” a random guy on KZbin haha) but Preciate the advice my man lost my job after 9years w the railroad and 4years army prior and always wanted to get back to “operator/site work”; grew up doin it on the farm. now I’m 34 from sc startin over but grateful for tips and advice like this tryna get started on the side myself while bein a FT operator now ..much appreciated cuz and take care .
@zakmayo18042 жыл бұрын
Very honest and it is refreshing to see, but he is absolutely right! If a client wants a good quality job then they have to pay the money. I've been installing driveways for nearly 20 years and he is cheap!
@Jaretx4 жыл бұрын
The longer how to videos are great! Keep it up man. 👍
@DigginLife214 жыл бұрын
You got it!!! Thanks for watching Jaret👍
@Ontrackearthworx3 жыл бұрын
We appreciate your candid approach to helping others.
@TylerTheHooligan2 жыл бұрын
I am THE WORST with second guessing my numbers thinking oh man no way its that high!! But you are absolutely right.
@DigginLife21 Жыл бұрын
Be sure to SUBSCRIBE to my other Channel "digginlife deeper" to see bonus footage and project shorts!!!
@samlopez61302 ай бұрын
Hey brother, new subscriber and follower. I LOVE what you’re putting out. Thank you! I also love the winter wx you’re working in. I’m in FL, so we, sadly, don’t get any of that down here 😂. We used to live in Sanford, NC. I sure miss it. Where abouts are you? Definitely looks like the western part of the state. Every time you go “out to the middle of nowhere”, I get nostalgic. I really miss. Maybe someday I can get back up there. Lord willing. … so I was about 8 mins into the video when I paused to make this comment. Then I continued watching… all my questions answered. 😂 Great content. Thanks again.
@juanvelasco804 Жыл бұрын
Man this is awesome! I’m learning more and researching as much as I can so I can try to pick up my first drive way job. You break it down awesome.
@Jarheadslandservice Жыл бұрын
Such good info for a small fry like myself just getting started. Thanks soooo much. 👍👍
@danielwietchy10374 жыл бұрын
New guy starting out. Already shot myself in the foot a few times (summer 2020) Thanks for the answers I was looking for.
@thomasramey1453 жыл бұрын
This guy here knows his stuff I made some money on my vary first job on my own but could have made a lot more but did not know what I was doing figuring out a quote then she added more and I walked away with $350 profit but should have made closer to $900 I wanted to quit after that I had no one to show me what or how to do it but she was happy and wanted me to do a drive way so thank goodness I found this video
@CarExpressions Жыл бұрын
I'm not interested in getting into the business, just my personal property. With that said , this information is critical for consumers to make sure we are not getting screwed and also so we can get an idea how much we will have to spend on our own driveways, especially if you have 1500 feet or more to get done. And pick and choose what we want to do ourselves or hire it out. Best video out there! Thanks for the transparency.
@brandonmorrison7231 Жыл бұрын
Materials are so much more expensive now so please check with your quarry on updated pricing. Crusher run is NOT 14.50 per ton now.
@WillyB2122 Жыл бұрын
@@brandonmorrison7231 what it running now and what location are you in? I’m in South Carolina
@mrcr125er4 жыл бұрын
These videos are awesome. I'm in the process of getting my GC license and need something to continue some income while building work is slow. Been strongly considering buying a skid loader and starting to do some dirt work. I have the ability to operate the machine and the trailer/truck combo to haul it with. Your videos definitely are helping me in mu decision making process
@4Fecta Жыл бұрын
This is all very helpful. Thanks for taking the time to make these videos.
@DigginLife21 Жыл бұрын
My pleasure!
@kevinjones13643 жыл бұрын
NC Flatlander here. Some of the most influential lessons I got in life and business (sales) were from Mountain folks. A bit north of you...in Boone, but common sense is common sense. When quoting a job, the price is the price. Your time is your time, the cost of materials is the cost of materials. When you are selling something to another person, if figured right, if is not a matter of whether you yourself would pay what you are charging. Don't be shy. Be honest. Be polite. But it is the customer's pocketbook that the money is coming from, not yours.
@WaynesAdventure11 ай бұрын
Valuable information and I enjoyed your conversation. I wish to start a business with land clearing once I learn more about it. I think your price is reasonable because there is a lot of work involved. New here and I’m from SC.
@DigginLife2111 ай бұрын
It's wise to learn from research but getting out there and playing is the best teacher
@shanemcdonald2587 Жыл бұрын
It helped tremendously! Thank you
@edwaralvarado53094 жыл бұрын
Thank you sir I am not on the grading business I am actually in renovation of houses but absolutely the same out come I have done my estimates and thought it was to much dropped my price and eventually get in a whole. We definitely got to value our time to get a project done and take the time to get the numbers right great video
@nickeckemoff7631 Жыл бұрын
I’m in central NC. A 23 ton truck delivery is up to 200-300 from the quarry. Doesn’t make sense to get a small dump truck or trailer to run back and forth hauling. My price is cheaper against people who are doing this…I just get the customer to pay for the gravel on delivery without markups and only charge for my work (hauling equipment, spreading, crowning, ditching etc). There is an argument that I’m spending time arranging the delivery and should be getting paid for that, though in my mind , as long as I get my daily or minimum rate, doesn’t matter what I’m doing…I’m making money even if the jobs take longer than expected (often do). You can’t nickel and dime everything plus be constantly worried about it. Main concern for me is to get the job done in the expected number of days so I can move on to the next scheduled job. I leave a small buffer just in case I need an extra day…able to do this because I’m not doing this full time or expecting to. If I don’t need that day, I just work on my own projects. I’m able to get a decent amount of work because my price is lower…bidding against people who need 125+ per hour and do lots of figuring like in this video to ensure they get that. Last project to grade a 26x24 spot for carport people wanted up to 2700 to do it…took me half a day to grade and a few hours to spread and compact $500 delivered truck of crusher run. Hard to imagine someone felt they needed 2200 to do that.
@scottfeatherstone71564 жыл бұрын
Excellent video. I’m just starting out working on other peoples land and your insight is very helpful. Thanks!
@earlyriser89984 жыл бұрын
This was an excellent discussion for contractors. Thanks
@richscott29524 жыл бұрын
This is a good video to show people to start thinking of all the different items that will end up costing the contractor money . In New York we just look at the car in the driveway BMW = 10,000 range rover 20,000 Bentley 30,000 But don’t worry they are going to complain That you blocked the driveway so you better get it done 1 day The more expensive it is the better they feel , they will even tell the neighbor that you’re a great guy if you get done 1 day
@bradnavratil55023 жыл бұрын
WOW... glad I watched your video I have been jipping myself some stuff I didn't even include in the job I'm new to this as well thanks for the info...
@OurNewLand3 жыл бұрын
Man, that's informative. I'm about to have a loooong driveway rerocked, so this is just what I was looking for. As a potential customer, it helps me understand what is going into the quote and why. Thanks.
@DigginLife213 жыл бұрын
Glad I could help
@paulkendrick69 Жыл бұрын
Great video I really enjoyed the content.
@gamecock33524 жыл бұрын
Thanks man I love your videos like this. You have the only channel I’ve found willing to share this info.
@DigginLife214 жыл бұрын
Glad you like them!
@Drivenbymoney842 жыл бұрын
2022 here today lol helped me learn a bunch here thanks
@Kleiminc Жыл бұрын
Thank you for the informative video. Good stuff
@WillyB2122 Жыл бұрын
Enjoying the info. Looking to get into some of this just as a side job only. Maybe more one day. My thoughts have been going nuts about how do I know what to charge. Hopefully I can start learning this. I want a backup plan.
@DosSuave2 жыл бұрын
You’re the man awesome video!
@davidhoover88772 жыл бұрын
Nice video. thanks for posting.
@f1superfan2 жыл бұрын
Dude you’re awesome! Awesome content. Thank you
@DigginLife21 Жыл бұрын
Many thanks. Be sure to SUBSCRIBE to my other Channel "digginlife deeper" to see bonus footage and project shorts!!!
@davidcarroll2908 Жыл бұрын
hopefully, you win the bid and make some money! making money is the hard part.
@dollerbill552 жыл бұрын
Love the way you teach brother.. will keep watching. Looking to start grading out in Raleigh NC. I already run equipment and grading. Like to do it for myself
@austinatkins69883 жыл бұрын
Awesome video man. Thanks for all the info, I’ll be sticking around!
@grade-aland23884 жыл бұрын
Good at explaining every step of the process. Gotta account for your travel time. Especially that far from your base.
@Bobsutubes2 жыл бұрын
Thanks, very good video and great explanation of your quoting process. Thanks for sharing.
@FloppyChuck4 жыл бұрын
Great Video! Best information any of us could ask for. I wouldn't mind you talking about the Insurance side, the LLC, what happens if you hit an internet cable and so on. Thank you
@tcb0694 жыл бұрын
HEY I CAUGHT THAT CRUSHER RUN OR ABC , THUMBS UP , THANKS FOR ALL THE GOOD INFO, TRUE AND HONEST GREAT VIDEO
@markellington86823 жыл бұрын
Great information...You explain things very clearly. Thanks!
@kirbyroad57433 жыл бұрын
I do construction work self employment. And I am guilty of cutting myself short because I hate feeling I'm charging too much on some jobs and illcut some off due to thinking I'm charging too much and in my area I feel that it's high for the areas average income. Especially when it comes to my older customers. I usually do pretty good income wise and occasionally once or twice a year find out I undercut myself too much. But I've learned that if I'm great on time to income ratio I'll do some extra work and that way I don't feel as if I was too exspensive. It also garners goodwill from the customers and they always feel they got their money's worth.
@papierskispropertyservices25324 жыл бұрын
Good explanation and good point about not 2nd guessing your quote. Ill do that sometimes i think because in my head im saying this job is easy. But your shorting yourself all those extra costs you dont add up.
@gabrielsalazar66484 жыл бұрын
New guys in Business. Y’all need to understand that customers will always wanted the cheapest price with a good job. If they do not want to pay what you are asking for just move on you’ll get other jobs where the customer isn’t as cheap. It’s not always you remember that . I know people they charge cheap but they do ugly work and need to work Twice as hard while I’ll estimate right and work less .
@lazyba66524 жыл бұрын
First off thanks for video! Informative and helpful. I'm an estimator /pm / owner myself and my quick impression was that's cheap. 3600 sf @ 4" I'd charge $30 / ton delivered and have the quarry deliver. Than spend a day out there grading for $1.25. Hopefully (1) day total project if you can get your deliveries right away. 12x300 = 3600 sf 92 ton material @ $30 $2760 on material $4500 labor / mobilization $7260 total bid. I'd Send 2 ground hands and a skid loader for a day.
@markd28582 жыл бұрын
Another good video, thanks for the insight.
@Beachnative424 жыл бұрын
Excellent point about being principled in pricing.
@historyhunter52154 жыл бұрын
Thank you so much!!! I've started doing mulch work and under bid myself ALOT!!!
@formdog98614 жыл бұрын
glad i watched this video great advice around cape cod that price is a little low great way to bid a job fuel and maintinace cost are not figured in by alot of new guys getting in to business it can eat you up if your not careful great video stay safe
@TheDavidarlen4 жыл бұрын
Thanks for the information I found it very helpful , " don't second guess yourself" or be worried that you are not worth the price you are asking for. I am a Plumbing contractor but I love working with compact equipment I have a small excavator and a skid steer. Thanks for the business lesson.
@jamesmoore26584 жыл бұрын
Great explanation of the job at hand
@pattersonlandscaping56214 жыл бұрын
Another great video...so much in depth info...
@TheDRM104 жыл бұрын
Nice informative video! Hope ya get this job be a fun what to watch!
@mgysgtk88353 жыл бұрын
Great explanation
@rccolacc4 жыл бұрын
Great video! Good explanation on everything.
@CarlosTorres-cx1pw4 жыл бұрын
Very informative sir.
@justinncherish4 жыл бұрын
Thanks for the video! New business just started and this will be a good tool to use.
@DigginLife214 жыл бұрын
Congrats on the new business!!!! I will be live at 8pm. Hope to see ya there
@michaelkoop67314 жыл бұрын
Great video and great information. Thanks buddy.
@eliteearthworksllc4 жыл бұрын
Another nice video buddy! 👍🏻 great explanation
@DigginLife214 жыл бұрын
Thanks my brother!!! It was great to see ya back on camera.... time to for you to get out of the COVID and back in the dirt
@gemfinding81333 жыл бұрын
Awesome videos. Hard to b more informative!!! Thank you
@jeremypatton804 жыл бұрын
New subscriber. Man this is informative. Most are to scared to share information. I do more on the building/remodeling side. We can't take this information with us. I love teaching young willing to learn people what i know. 👍
@DigginLife214 жыл бұрын
Thanks for the sub!
@scottluzny40303 жыл бұрын
nice having a quarry nearby. I would pay that just for the material in houston.
@Josie238 Жыл бұрын
Old video but hopefully you still see this comment, I live up in Minnesota and we have half decent snowfall every year what would you do during that time when the ground is frozen and snow might be on it as well to keep a small company doing similar things from going under? I’m really interested in doing stuff like this repetition is killing me where I work and would like to be my own boss as well as see different projects that really make my brain work. Snow removal is a valid option in my opinion but there are plenty of people doing that kind of stuff here. Just curious what some options you would look into would be. Thanks, Josiah
@bobbyburns13894 жыл бұрын
Excellent video, thank you for sharing this valuable information.
@bobbywarthan51734 жыл бұрын
Lol,working for yourself is like gambling you just have to win more than you lose
@DigginLife214 жыл бұрын
My pleasure 🙏🏻
@zates22724 жыл бұрын
I'd love to see and hear a follow up if you do or don't get this job. (from which ever scenario happens)..... Great info. thank you
@stephenbru3 жыл бұрын
Excellent video!!...I am now a sub to your channel..
@DigginLife213 жыл бұрын
Welcome!
@windzer4 жыл бұрын
I'm getting into doing grading and driveway work and have a hard time figuring up an hourly rate to estimate by like how to figure wear and tear and equipment costs I do jobs by bid but use an hourly rate for my own figuring I just hope I'm not selling myself short how do you do it? Would like to see a vid on this.
@RiverValleyAcres4 жыл бұрын
Do you go by rental prices?
@windzer4 жыл бұрын
@@RiverValleyAcres so far yes for now ill take the day rental for equipment and divide by 8 thatll give me my rate per hour for my machine then i had in fuel and how much i pay myself on top of that and how ever much to move my machine hopefully im not screwing myself
@RiverValleyAcres4 жыл бұрын
@@windzer that sounds about right. You have to figure out your cost for mobilization and add a little extra just like Todd does.
@landonrasmussen80744 жыл бұрын
I've got a small excavation company and I can explain how I come up with my estimated equipment costs. First of all, I DO NOT like to bid things by the hr. Time and materials jobs incentivise you to move slower. I want to be incentivised to move fast (but with quality, obv). If I rent a skid steer (CAT 259D) and/or a mini excavator (CAT 303.5e2) those rates (in my area) are $400 and $370 a day respectively. Those are the prices I figure in for a days work. If it takes you 2 hrs or 10, those prices stay the same. If you get done quicker, you pocket the difference. Trucking I figure on $400 a day for my truck. Sometimes I'm doing a lot of hauling, sometimes l'm not. Price stays the same. I always figure on $150 of fuel per day. Covers my truck, skid steer, mini exc, etc. If I use less, I pocket the difference. I try to pay my guys $20 an hr, so good help (with payroll burden) is around $26 an hr. If a job will take a day and a half at 8 hrs per day that's $416 for that project in labor (for 1 employee). If it takes less time, I pocket the difference. So I add up my machines ($370+$400/day), my truck ($400/day), labor ($208/day), fuel ($150/day)... That all comes to $1528 per day. These are my WORST CASE SCENARIO costs. Then you obviously have materials to factor in too. So for 2 days worth of work my worst case costs are ~$3050. Then I add on top of that my "profit". My profit always gets filtered through these two questions "how much do I have to make to feel like this job worth my time?" and "how much do I think the customer expects the job to cost?" For a job like this I would want to make $2-3k on it. So I'd probably ask around $6000 for it (remember that materials weren't factored into my costs originally. he said they're around $1100 for crusher run). So if I get it done in a day vs 2 days, I pocket the difference in machine costs, fuel, labor, all that. If it takes a little longer, I'm still covered. If I own my own machines vs having to rent, I pocket that as well. Always factoring these expenses into every job will incentivise you to invest in your company. How can I KEEP more of the money I'm charging vs paying the rental store or paying a laborer. How can I maximize the machines I own to squeeze every bit of efficiency out of them. Maybe buying a Trimble system is the answer, maybe buying a bigger bucket, or a tiltrotator... All that profit gets to stay in your pocket. Figure out how to keep it.
@BigDadx43 жыл бұрын
Great video. Do you roll or tamp the gravel or use machine back and forth?
@flcj543 жыл бұрын
I finally get it. Thank you.
@adambair45953 жыл бұрын
One day this channel will be on the Discovery Channel.
@keithsearcy62713 жыл бұрын
Wished you were in southern middle Tennessee. Can't find anyone that will even give me a bid.
@Diver6934 жыл бұрын
Another great video Todd. In reference to hauling, you obviously have your own truck but taking into account maintenance, fuel, cost of the truck, etc. Do you find it more cost effective over just paying for someone else to deliver?
@Brian-bq2yb4 жыл бұрын
The benefit is really pretty small financially, but the convenience is the biggest advantage with moving your own equipment. You don’t have to wait on anyone to show up, make sure they get paid, make sure they don’t screw you, and make sure they show up at the right time in the right place. It can be a headache, especially when you move a lot.
@ES-ch2gk3 жыл бұрын
Awesome content! 👍🏼subscribed Any suggestions on how to draw up a contract?
@joelpribyl48564 жыл бұрын
Great video, thanks for sharing
@mulchamerica83014 жыл бұрын
Needed to hear this today!
@DigginLife214 жыл бұрын
I’m here for ya brother!!!
@NoPeoblem389X Жыл бұрын
I have a question I am starting out with just a tractor with a loader and box blade. I am wanting to build my client base around where I live being able to road my tractor too each job by knocking on doors. My question is how much as a rule per foot to regrade and crown the existing gravel driveway. I don’t have a truck to haul gravel I can get the material delivered that I need i realize this is probably the hardest way to start but I’m hoping that when I show up to visit with the customer in my new Kubota tractor they will know that I’m serious about what I’m building my reputation one driveway at a time. I appreciate your input and advice thank you very much for your time. RR
@dannickum63154 жыл бұрын
Great video that help me personally on my bidding thank you todd
@DigginLife214 жыл бұрын
I’ve got a whole playlist concerning bidding
@kylejensen8682 жыл бұрын
like the channel i am wanting to venture by myself and start a business like this would you rent equipment to start out?
@CASG932 жыл бұрын
How deep do you usually dig for driveway installs or how many inches of gravel do you put down