5 Mistakes Most Handymen Make (Don't do this)

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The Handyman Journey

The Handyman Journey

Күн бұрын

#handyman #business
5 Mistakes Most Handymen Make. In this video I go indepth about the 5 most common mistakes handymen make. Make sure you don't make these mistakes. here are some common handyman business mistakes. The best way to grow a handyman business is by avoiding these handyman business mistakes. don't do these mistakes, learn from my failures and don't repeat them.
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TIMESTAMPS
0:00 Intro
0:41 Not Charging Enough For Handyman Services
5:54 Having Clear Communication with Handyman Clients
9:17 Stay away from problem clients who want a discount
12:26 Keep accurate book keeping as a handyman
14:41 How to hire employees as a handyman / How to grow a handyman business

Пікірлер: 260
@handymanjourney
@handymanjourney Жыл бұрын
Thank you all for watching. Here is a great book for establishing your pricing that I recommend you check out: www.amazon.com/Handyman-Pricing-Handbook-confident-pricing/dp/B096TWBF1Q/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr=
@76rolito
@76rolito Жыл бұрын
Thank you!
@handymanjourney
@handymanjourney Жыл бұрын
Your so welcome!
@Mayamax3
@Mayamax3 Жыл бұрын
The Essential Craftsman said it best. "If you aren't losing about 50% of your bids because your bids are too high, then you aren't charging enough." There is no shortage of people that will want you to work for nothing. Those kinds of 'customers' will put you out of business. Just walk away.
@handymanjourney
@handymanjourney Жыл бұрын
Yes so very true!💪
@Mosessousa1
@Mosessousa1 Жыл бұрын
That’s what I do
@reggiejenkins6458
@reggiejenkins6458 9 ай бұрын
I only get 20-25% actually. I wouldn’t mind bumping that to 25-30% though. Past that, in my area for what I do, I believe I would just be burning money
@Tom-Travels
@Tom-Travels Жыл бұрын
At 63 I took early white collar corporate retirement (I was a Dir. of Human Resources) and I decided on a second life as a blue collar handyman. I'm now 72. The Handyman Life is fun and addictive. For fun, I still do small Work Orders for a Property Company and private home owners. Just last week, a client lady wanted her gas log fireplace available for her Christmas home party. I replaced a gas fireplace burner assembly and made $200. I can't... stop... handyman-ing...
@handymanjourney
@handymanjourney Жыл бұрын
Awesome!! It is addicting!!💪
@larrywarolin7215
@larrywarolin7215 Жыл бұрын
That wouldn't happen to be the same gas fireplace that caused the house fire a few days ago, would it? How much is handyman insurance anyway. Seems like it would be really high due to the untrained, unskilled workforce.
@jamesjoslin7586
@jamesjoslin7586 Жыл бұрын
That’s probably a job best left to professionals. If you have anything to lose, I hope you carry liability insurance. Not smart.
@iceman846
@iceman846 Жыл бұрын
Your messing around with gas fireplaces you idiot
@KjbuckeyeHomeImprovements
@KjbuckeyeHomeImprovements Жыл бұрын
How did you meet or get connected with your property management people? I just started a business and i been thinking a property manger/ investor is my most realistic option to survive as a start up business
@mosesmontes199
@mosesmontes199 2 ай бұрын
I can always accept good advice from someone who admits their own mistakes. Great channel.
@handymanjourney
@handymanjourney 2 ай бұрын
Thanks for being here!
@Handysmallbiz
@Handysmallbiz 8 ай бұрын
Words of wisdom “under promise, over deliver”
@handymanjourney
@handymanjourney 8 ай бұрын
Yes!💪
@johnnysimes5082
@johnnysimes5082 Жыл бұрын
Money is value. If something costs a $100 then someone perceives it to be worth $100. If something costs $500 there is more value assigned to it. Things that are given away for free are perceived as having little value. It sounds backwards but things that cost a lot are valued more. Charge enough for your work!
@handymanjourney
@handymanjourney Жыл бұрын
Yes, I totally agree! Cost creates perceived value!
@johnnysimes5082
@johnnysimes5082 Жыл бұрын
@@handymanjourney The problem is when you think you're doing someone a favor by giving a discount. Then they actually value the finished work less. Better to command a high price and stick to it.
@jasonmccombs8123
@jasonmccombs8123 Жыл бұрын
I was in sales for years. As soon as you drop price to quickly, the product begins to lose value quickly. Build value and charge accordingly. Explain the details of the work to be performed(same as listing product features). Position yourself as an expert on the work to be performed, or build their opinion of your ability to perform the work competently and correctly.
@bl9531
@bl9531 Жыл бұрын
I am a handyman and I charge by the hour. It is the fairest thing to do. If I charge by the job, and unexpected issues come up, you can be sure I will find a way to cut costs elsewhere. I have no choice - I have a family to feed and I don’t work for free. That scares off some clients but I have no trouble finding enough clients that “get it”. Many clients only care about the lowest price - I leave those clients to someone else.
@handymanjourney
@handymanjourney Жыл бұрын
Smart move, often times people who are looking for the cheapest cost aren't your ideal clients!
@theamerican4609
@theamerican4609 Жыл бұрын
I think it is just as fair if I charge a flat rate.
@bl9531
@bl9531 Жыл бұрын
@@theamerican4609 which is what most guys do … for sure you need the confidence of the client to charge by the hour - but just wondering,: if you are way over budget, do you cut corners or take the loss? My buddies either cut corners or ask for more money, which kinda defeats the purpose of a fixed rate. Whatever works to put food on the table and allows you to provide a professional service is good.
@theamerican4609
@theamerican4609 Жыл бұрын
@@bl9531 I always take the loss. Its my fault I undercharged and take it as a learning experience and I will estimate the subsequent similar job better next time.
@bl9531
@bl9531 Жыл бұрын
@@theamerican4609 you sound like a very reputable contractor. There is no arguing with the way you operate. I am actually worse than I suggested earlier - I work for an hourly wage AND I charge the cost of materials + 10%. That formula saved me in 2020 when lumber prices suddenly exploded but like I said, whatever works for you is the right formula.
@ltcajh
@ltcajh Жыл бұрын
Bonding and insurance for the small-time operator would be a good subject. I underestimate how long tasks will take, which is my greatest weakness. I'm 62, a retired Army officer, and have been converting a church building into a house. Everything takes longer than you think. I know how to do quite a bit, and if I go the handyman route, I would have to say "no" to several things where it's not my skill set. I've restored antiques for many years, and have a good workshop. I've figured out, working on the building, that you have to make extra trips because you don't have the right tool.
@handymanjourney
@handymanjourney Жыл бұрын
That is a very good point! We have niche down our services quite a bit to avoid some of that hassle. So we really only do small maintenance style items that are fairly common, if there's anything a little bit out of the ordinary we usually turn it down, not because we can't do it but we just can't factor in for all the variables and still make a good profit
@Mayamax3
@Mayamax3 Жыл бұрын
I've found that when it comes time estimation, it's best to double the amount of time you think it'll take, then add two days & you'll be close. Particularly if it's a more complex project.
@travisangel9948
@travisangel9948 Жыл бұрын
I really wish you were here right now I wish you wouldn't have someone s*** over absolutely nothing wish you were in my arms
@marinechapssemperfiout9939
@marinechapssemperfiout9939 Жыл бұрын
I like that you reflected on the leadership skills AEB caring for and nurturing your team. This is critical and not opened for discussion. Your core values are also essential. Without it there is nothing. Great presentation! Semper Fi
@handymanjourney
@handymanjourney Жыл бұрын
Thanks man!💪
@davidzipse294
@davidzipse294 Жыл бұрын
This was very helpful. I started a small electric company/ handyman business and I've been struggling a lot. I am licensed and everything. This video is helping
@handymanjourney
@handymanjourney Жыл бұрын
That's great David! Which was the most helpful tip for you? I am so glad this video was helpful for you!
@timdyer7692
@timdyer7692 Жыл бұрын
Hi Allen! Excellent video. You gave a lot of very good information and nailed the topics. Keep the videos coming!!
@handymanjourney
@handymanjourney Жыл бұрын
Hey thanks tim, I appreciate your comment and I'm glad this video was helpful!
@qzetu
@qzetu Жыл бұрын
I've been a full time handyman for 5 years now. I'm going to give you guys some advice you might appreciate. (1) Don't ever give an estimate upfront . Write down everything, then take the information home and break it down carefully. This is important for one reason. If you rush or get pressured by the client you will probably charge too little. Take your time and you are very unlikely to undercut yourself. (2) Do not put the cost of material in your estimate. It's too much work to determine exact cost, and if you end up paying more than you estimated you're either going to eat the cost or have a upset client. (3) Either text or e-mail your client the estimate and be specific about the work so there is no confusion. For example: "paint only bathroom walls in hall bathroom. Material is not included in this estimate.." This means I'm only painting the wall. Not the ceiling, not the trim, not the doors. I have had clients try to tell me I was supposed to do something but I went back to my estimate and was able to point out that it's not there in the estimate. (4) do not ever work for hourly pay. You will be taken advantage of and you will lose money this way. For example, if say I was charging $50 an hour and I'm installing a dishwasher. I can install one in less than a hour. However, I typically charge around $125 to install one. So you see, I'm losing money. Furthermore, telling a client I want $50 an houris likely to scare them off because they don't understand. (5) Don't budge on your estimate. The reason you want to do your estimate over text or email is to avoid any kind of confrontation if they think the price is too high. In any case, you'll have time to think before responding. Don't worry too much about if you get the job or not. Know your worth. If it's too high for them, go to the next job. When I first started I used to try very hard to get every job. Now I give my estimate and if they don't like it, I'm off to the next job. I do not have time to be wasting my time. You have to understand that some people are simply difficult and will not be satisfied until you undercut yourself.
@handymanjourney
@handymanjourney Жыл бұрын
Thank you! I am glad this video was helpful for you!
@WhoGoneStopMe925
@WhoGoneStopMe925 Жыл бұрын
I charge $100 an hour here in the Bay area, and I haven't had one customer ask "why so much"? $50 an hour as a handyman is horrible, straight out of business. Bid the job on skill it will take, time it will take, and how much you feel it is worth. Or else you'll ALWAYS be know as the "cheap guy".
@qzetu
@qzetu Жыл бұрын
@@WhoGoneStopMe925 I didn't say I charge $50 I was just giving an example. I do not do hourly. Furthermore, cost varies depending on location and state. If you live and work in a area that is upper class, you can certainly charge that much, but if you live and work in an area that is low income, you cannot.
@dickhertz8103
@dickhertz8103 Жыл бұрын
Great advice! Very well spoken, smart and knowledgable about business practices...you'll continue to be successful and profitable for years to come!
@handymanjourney
@handymanjourney Жыл бұрын
Thank you! I appreciate your comment!
@bobbylibertini
@bobbylibertini Жыл бұрын
This guy could do a great Richie Cunningham impression (In fact, I think he's doing one! :D). When I was doing handymanning 30 years ago, I used to first establish what I wanted to make per hour. At the time $25. Then tack on overhead, cost of materials, supplies, wear and tear on the tools, etc. Used to worry that I would price myself out of the market...but since I was very reliable, honest and competent, my clients all loved me, and I never had to advertise- I'd get all of my bidness by word-of-mouth.
@handymanjourney
@handymanjourney Жыл бұрын
Awesome
@michaelmauno9438
@michaelmauno9438 Жыл бұрын
Excellent comments on building your business. Hope 2023 is a good year for you and your staff.
@handymanjourney
@handymanjourney Жыл бұрын
Thank you Michael! I appreciate the comment! I am glad this video is helpful! I hope your 2023 is great aswell!
@el.handyman
@el.handyman Жыл бұрын
Great topic Allen! Personally, I believe that a handyman is a contractor. The work we are hired to do by a homeowner or a property manager is contract work. I know that the work we can do differs from state to state. However, until a handyman or woman treats what they do as a business, the stigma will always be there. I work "solo" and you're absolutely correct about the day ending much later for those of us who wear multiple hats. Thanks for taking the time to share!
@handymanjourney
@handymanjourney Жыл бұрын
Your so welcome j! Appreciate your comment and I am glad this video was helpful for you!
@jrams1224
@jrams1224 Жыл бұрын
This was another great video. Enjoyed the last one but this one adds more to my confidence.
@handymanjourney
@handymanjourney Жыл бұрын
Thanks Jon, I appreciate it! I am glad this video was helpful!
@warnieday
@warnieday Жыл бұрын
Good resourceful video Lee, they way you start and follow through
@handymanjourney
@handymanjourney Жыл бұрын
I am glad this was help for you! Thanks for your comment!
@mr.kenslifeshop4034
@mr.kenslifeshop4034 Жыл бұрын
I am glad that not charging enough came up. I came up with my handyman business in an area where people hardly charged anything. At first I started charging about what they were then quickly I doubled and now I don't even tell people what I charge per hour I just charge by the job right in profit, markup materials etc. I believe this is something that takes some time to figure out it does not something that you can start a business and just be getting full market value right off the bat, it take some time to build your brand!!
@handymanjourney
@handymanjourney Жыл бұрын
I agree. It takes awhile to find tune your pricing aswell! I am glad this video was helpful for you!
@sifusays9242
@sifusays9242 Жыл бұрын
Mark up materials really why ? You don't sell material if anything charge for your time time you arrive to you leave on an hourly rate and be fair and do great work. If you marked up material I'd never hire you .
@mr.kenslifeshop4034
@mr.kenslifeshop4034 Жыл бұрын
@@sifusays9242 I only work for certain types of people by the sounds of it you would flag my radar and I would probably say I'm not interested in your project, most of us have been so busy last few years there's no time for Karen's or tire kickers. How would you know that I'm marking materials? It's not like I advertise this? At the end of the day I am not an employee for somebody who works for an hourly wage I am somebody who runs a business and has to bring an extra money into the pot or things like vehicle repairs, insurances ,gas. I actually just started writing in profit and some material markups on smaller jobs not always in last 2 years. Most of my profit and markup goes into the bigger bidded jobs so $3,000 and up. When it comes to smaller jobs like Alan does, I have just been flat quoting them. Working for an hourly rate does not work unless you are in the $100-120 an hr range. Because of my rate I am mainly working for larger management companies, and commercial businesses I still work for a homeowner here and there. But overall businesses are about business and want to get on the schedule ASAP and don't bat an eye at the proposal. Still think you could afford me? Don't worry though I honestly get where you're coming from and there is someone for everyone, you will pick from the guy who smokes in your house or the guy that shows up in a beat down station wagon.
@mr.kenslifeshop4034
@mr.kenslifeshop4034 Жыл бұрын
@@keithmarlowe5569 yeah Keith I do agree with you but I think in to break it all down it's more in terms of survival. So somebody can call themselves a contractor handyman overnight I just having a few basic tools. If you're hurt up for money and trying to figure out what to do it's easy to get into and of course when you're first getting into it most guys have to charge less because you don't know the ropes you don't know the politics and you simply have no experience to know what to charge. I have a background in education in several trades. So in no way do I advocate somebody just going out there and saying they can do this saying they can do that without any experience that is not what I did. In fact I apprenticed for 7 years or something like that before I ever went out on my own. In addition I don't think you can really survive and thrive if you don't have any experience people will be able to tell right away that you don't know what you're doing. Now that I look back and I think about competition the knuckleheads that are charging $20-$25 an hour they just make it easier for anybody who is really in the game. It gives the clients a distinct difference in services. The guy above who commented about not wanting somebody to mark up materials well that's fine and dandy he is looking for a different type of service provider. He is looking for the cheapest guy which is fine there are people to fill that slot. There are also people that will pay more for security in the project. In bid on a bathroom and to be fair we say it is 7-8k Handy Andy comes in and says all I can do it for $2500 no obviously the guy that commented on my comment above is going to pick the 25 guy. Little does he know the project cannot be done for this materials alone might be more than that he's already paid half down. I've seen this happen before but once Andy gets about halfway through the project and realizes he's out of money he splits. You get what you pay for people just because somebody gives you a cheaper price doesn't mean it's better!! And I guess that goes for the extremely high prices as well it doesn't mean you're going to get better service because somebody profits an extra five grand on the bathroom.
@mr.kenslifeshop4034
@mr.kenslifeshop4034 Жыл бұрын
@@handymanjourney Alan this is always something that is run across my mind and I would have wanted to try just don't know how but whenever I think of it you come to mind at least helping the dream become a reality. Could the handyman industry be unionized?
@jayumble8390
@jayumble8390 Жыл бұрын
Charging what we are worth is a tricky thing. It has always been this way for me. If I do a job for 500.00 but know that I really should have charged 800.00 or 900.00, yes that is upsetting, but at this same time I know if I would have asked for 800.00, I wouldn't have gotten the gig. So I'd rather do the job for 500.00 and forget about it. I appreciate what you are saying...everyone should be payed what they are worth (wouldn't that be a wonderful world?)...but it's not that easy to do. If I charged what I was worth, it would be a wonderful life...but most of the time I take what I can get because I need to pay the mortgage. --If someone has the answer to this ubiquitous problem, please enlighten us all.
@handymanjourney
@handymanjourney Жыл бұрын
Thanks for your comment!
@yinglouie9663
@yinglouie9663 Жыл бұрын
I am at that crossroad as well. I love to charge what I'm worth, but l don't have many clients yet. I feel raising my cost will scare away who l have at the moment. If l had more clients l could slowly raise my rates.
@jayumble8390
@jayumble8390 Жыл бұрын
@@yinglouie9663 Yeah it is a difficult thing to figure out. You make a good point..."if I had more clients...".
@matthewcanfield6748
@matthewcanfield6748 Жыл бұрын
Hi Jay, great point. Don't happen to be from PA are you? I know some Umbles
@jayumble8390
@jayumble8390 Жыл бұрын
@@matthewcanfield6748 Yes I am Matthew!
@KitchenerLeslie2
@KitchenerLeslie2 8 ай бұрын
On your over communication take: I say don’t speak to be understood, speak to not be misunderstood.
@handymanjourney
@handymanjourney 8 ай бұрын
I like it! Thanks for that! 💪
@mapquestHs
@mapquestHs Жыл бұрын
Such great points!!! So true!
@handymanjourney
@handymanjourney Жыл бұрын
Thanks Bryan! I appreciate your comment! I am glad this video was helpful for you!
@Heman33
@Heman33 Жыл бұрын
Thanks for the great information, I am a new business owner and those 5 mistakes I have been dealing with since I decided to launch my business.
@handymanjourney
@handymanjourney Жыл бұрын
You are so welcome! I'm glad this video was helpful for you!
@robertnortham2962
@robertnortham2962 Жыл бұрын
Right on, I have noticed if I charge to little for a job I have set expectations for the future making it difficult to get what I want on repeat work with this customer.
@handymanjourney
@handymanjourney Жыл бұрын
That's good and so true! I am glad this video was helpful for you
@anrod185
@anrod185 Жыл бұрын
Great non video. I have tried to grow my business for many years now with no luck (7). It's very difficult to find and retain good people. Had an admin part time that worked out well until she decided to go full time with her other job. And helper that would just drain my bank account. I discovered that paying them hourly they would just take longer to do simple jobs to make more money. its been tough on mind and body working by myself but also less stressfull
@handymanjourney
@handymanjourney Жыл бұрын
It's definitely less stressful to be by yourself. Growing isn't impossible because many others have done it! I would recommend you to check out group coaching here: handymanjourney.thinkific.com/bundles/the-handyman-journey-essential-membership It is a group dedicated to helping other handymen grow with employees. Seen a lot of great success!
@coreyfranco7060
@coreyfranco7060 Жыл бұрын
Most states dont allow you to hire employees as a handyman business
@spatdog7
@spatdog7 Жыл бұрын
Try paying a salary that would match your hourly rate that you're offering now if you're busy enough so that they'll be more efficient. Maybe add incentives or bonuses for completing a certain amount of work in a month. Employees who care more about your bottom line than their bottom line are rare, and with good reason. They're working to get a paycheck and support themselves and their family. If they're paid hourly, there's no incentive to be quicker because they'll make less.
@ethanrichard4950
@ethanrichard4950 8 ай бұрын
Sorry to hear that. Have you had any success since this comment?
@anrod185
@anrod185 8 ай бұрын
@@ethanrichard4950 I have a family member help once in a while and pay a flat rate per day. I try not to take on bigger jobs.
@michaeldrake9876
@michaeldrake9876 Жыл бұрын
Thank you
@handymanjourney
@handymanjourney Жыл бұрын
Your so welcome! I am glad this video was helpful for you!
@Mr4thahaters
@Mr4thahaters 2 ай бұрын
Awesome video! I’m definitely going to be keeping this ideas in mind as I grow my handyman business from owner-operated with inexperienced employee to a more hands-off approach with multiple employees.
@76rolito
@76rolito Жыл бұрын
This video was amazing and it has help me more to be better a things I didn’t know. I have loss customers because I thought I was estimating too high. I think I do quality work and every time I had a potencial client and said ohh it’s too high I would loss hope . I do have clients I been doing work for the past 4 years before doing this full time and they keep calling me back which is great since I started on my own 4 months ago.
@handymanjourney
@handymanjourney Жыл бұрын
That's so awesome! I am so glad this video was helpful for you!
@MizzoniDojo
@MizzoniDojo 11 ай бұрын
Thanks for the insight, much appreciated
@handymanjourney
@handymanjourney 11 ай бұрын
Your so welcome! I am glad this video was helpful for you
@scotthenry3401
@scotthenry3401 Жыл бұрын
I totally agree with the point about communication, for example when i say to people a job will cost between 600 and 800 pounds depending on various factors , the customer only hears the 600 part.
@donaldperrotta8514
@donaldperrotta8514 Жыл бұрын
I like what you said about QUALITY work ! I was using a handy person.. who claimed to “do it all” !!! Every single time I had the person come to my home to do something .. I either had to call them back to correct a problem (installing a outdoor sensor light that didn’t work correctly) or called in someone else to correct the other person’s work !!!!!!
@handymanjourney
@handymanjourney Жыл бұрын
Ya it could be a little troublesome when someone says they do it all! Very few people are 100% good at everything!
@ryanmcclendon3309
@ryanmcclendon3309 Жыл бұрын
“Every single time.” You must like hiring the cheap guy, because you kept calling him back even though their work wasn’t up to snuff..🤔
@Spazzfrom.1989
@Spazzfrom.1989 Жыл бұрын
@@ryanmcclendon3309 lol
@charleshenry8075
@charleshenry8075 Жыл бұрын
You ought to teach a business class - that was wonderful and correct. I've made the mistakes that you mention, just to get another job.
@handymanjourney
@handymanjourney Жыл бұрын
Thanks man! I am glad this video helps! I do teach business classes over at handymanjourney.com we are also having a handyman growth convention October 2023! Get more info on the website!
@nelalvarez
@nelalvarez 11 ай бұрын
Hello thanks for the info. Im in the process of starting my own Handyman business .
@mikezimmerman2786
@mikezimmerman2786 Жыл бұрын
I like the cheap handyman jobs people go with. Now as a licensed and insured contractor I have to deconstruct shoddy work and re do the job. Usually done by a unlicensed person.
@handymanjourney
@handymanjourney Жыл бұрын
Hey thanks for your comment!
@christopherinteriors6521
@christopherinteriors6521 Жыл бұрын
I love these videos Allen. I keep making the same mistakes myself. It isn't my work that is the issue but my pricing. I get to the end of my jobs and I have undercharged 90% of the time. Occasionally I get to the end of a job and think I have made really good profit but really I just got those ones right. I just need to grow some balls and quote higher, expecting there too be plenty of issues along the way that I can't see whilst quoting.
@handymanjourney
@handymanjourney Жыл бұрын
Such good introspection man! It's important to realize our weaknesses and work on them because I made the same mistake for years! Have you read the book, handyman pricing handbook? I would recommend you check it out for this exact issue. I am glad this video was helpful for you!
@FerrisBueller-lj9zj
@FerrisBueller-lj9zj Жыл бұрын
Maybe go hourly?
@salam.arabic.course
@salam.arabic.course 6 ай бұрын
Great video, thank you!
@handymanjourney
@handymanjourney 6 ай бұрын
Your welcome! I am glad this video was helpful for you
@reggiejenkins6458
@reggiejenkins6458 9 ай бұрын
Remodeling GC here with a business for 20 years with revenues of about $600-750k/yr and several employees- ​​⁠Of course we all are working hourly, whether you realize it or not. Every quote you write can be broken down to an estimated hourly rate. If the business is a service business, it all revolves around labor and the rate of that labor. There can be a large range to that rate. About 1/3 of our work is time and material. Mostly the repair jobs and the “handyman lists”. There’s a lot of upside- no risk, no stress, guaranteed profit, no time spent quoting, add ons/ removals are easy. You won’t have a windfall profit, but you rarely do when you quote jobs anyway. If I have 3 guys out on a job at $105/hr, I know I’ve got $12,600 per week in revenue, which lines up with our typical numbers anyway. The only caveat- have a minimum labor charge. Mine is $300, mostly to keep the tiny jobs at bay. More expensive areas may be more.
@handymanjourney
@handymanjourney 9 ай бұрын
Awesome! I appreciate your comment! Great words!
@alphacampbell21
@alphacampbell21 Жыл бұрын
great post, brother. Been following you for months now, and I've learned a ton. Essential Craftsman is one of my top channels too! Keep on keeping on man, and sincere thanks for helping me (and my family !) succeed.
@handymanjourney
@handymanjourney Жыл бұрын
Your so welcome! I am so glad I could help!
@carlodonnell146
@carlodonnell146 Жыл бұрын
One thing you may be missing about not charging enough is that people hire handy men because they don't want to pay more in the first place and if the homeowner tries to dicker your prices you may feel that you have to reduce them to get a job.
@handymanjourney
@handymanjourney Жыл бұрын
That's a mindset piece for sure. There's no reason why you can't charge a fair price just because you are a handyman, in some cases you should charge more than say a plumber because you can do more skills than a plumber.
@loubydal7812
@loubydal7812 Жыл бұрын
About charging a price, with some clients it can be a push back and forth. Just the word 'handyman' for many clients implies ' cheap labor, whereas a reputable handyman can be 100% professional and has the skills to do a fine job. A serious handyman is a contractor. Some clients need to change mentality and pay what is justified and reasonable in an estimate.
@handymanjourney
@handymanjourney Жыл бұрын
Yep
@MrHenryMac
@MrHenryMac Жыл бұрын
Appreciate this buddy I'll be at the convention
@handymanjourney
@handymanjourney Жыл бұрын
Hey thanks Henry, I am glad this video was helpful for you! Look forward to meeting you there!💪
@TM-rp7bd
@TM-rp7bd Жыл бұрын
Highly appreciated insight from the working class trying to make a buck. Cheers.
@handymanjourney
@handymanjourney Жыл бұрын
Thank you! I am glad this video was helpful
@JesusLopez-yx8lc
@JesusLopez-yx8lc Жыл бұрын
Great video great info great motivation 👍 👏! I've always done handyman work and gone back and forth from working for myself then going back to a company. Under pricing, finding help, and fear. Fear of having the ROC called on me. I've seen it happen. How do you, or what's your advice on how to handle the "handyman rule"? You can't exceed more than a certain amount of monies per job per year. Something along those lines. Does the handyman rule vary from state to state? I better look this up, I'll come back to this question. Thanks.
@handymanjourney
@handymanjourney Жыл бұрын
Yes make sure you do your research because it does vary state to state, I actually took a few classes on the rule in my state at the contractors board. That was helpful for clarity!
@jay13601
@jay13601 5 ай бұрын
Great information I wish I could do my handyman business full-time. Yet there is only enough work in my city to support me on Saturdays only.
@handymanjourney
@handymanjourney 5 ай бұрын
What city are you in?
@jay13601
@jay13601 5 ай бұрын
Watertown ny​@@handymanjourney
@tonyfoxxbuilds1920
@tonyfoxxbuilds1920 Жыл бұрын
Just finished remodeling someone's shower they then asked me to replace their front exterior door. I've always heard that's usually $750 or so. I've done a few at that price and been fine. They tell me they were quoted $3k-$5k. Thinking there's something new I don't know about I say I'd do it for $1200-$1500 they agreed to that price. This is in Pittsburgh.
@handymanjourney
@handymanjourney Жыл бұрын
Awesome! It all depends on the size of door and if they have the material or not
@TheRealGOTdurrrred
@TheRealGOTdurrrred Жыл бұрын
I've been watching your videos since you started making them. Your channel helped me a lot when I started my business. I still feel like I don't charge enough sometimes. I aim for at least $300/day. Maybe I should try for no less than $500/day.
@handymanjourney
@handymanjourney Жыл бұрын
Love it man! I am glad I could be helpful! Be sure to check out the handyman pricing handbook to get your pricing in order!
@littlejimmy7402
@littlejimmy7402 Жыл бұрын
I've been on my backside for awhile due to some health issues. I'm fighting my way back. I've been laid off (tech worker). I've been around tools, technology, electricity & plumbing (lost count of toilet replacements, switches, outlets, garbage disposals). And I like to turn a wrench. Goals I LOVE this video, I like your business model, do you franchise? Your kids are going to college wherever they want.
@ethanrichard4950
@ethanrichard4950 8 ай бұрын
Sorry to hear about the health issues. Have you gotten better since your last comment?
@littlejimmy7402
@littlejimmy7402 8 ай бұрын
@@ethanrichard4950 Not really, it's gone a little sideways, but I'm hopeful. I'm on new health insurance and I've got a lot of help on the way. So I'm better than before, but still more to do.
@GRUBB-MUDD
@GRUBB-MUDD Жыл бұрын
shout out essential craftsman, i was on their podcast last year!!! those guysbare awesome
@handymanjourney
@handymanjourney Жыл бұрын
Yes they definitely are!!💪
@shaynemcmillan8315
@shaynemcmillan8315 2 ай бұрын
Enjoyed your video I can speak from experience 20 years in the mining sector 35 employees heavy on the service side it almost put me in the grave expert knowledge help in certain areas is a must not an option
@douglasdonia8508
@douglasdonia8508 6 ай бұрын
Great video. Thank you. I’m curious to know if you funded your early growth and the “admin heavy” approach with debt, or if you used business cash flow only? I too favor the admin heavy approach but funding it can be a challenge and I’m interested to hear the perspective and approach of others.
@handymanjourney
@handymanjourney 6 ай бұрын
I have grown by avoiding debt, I know people who have used debt, that is definitely an option but I personally want to avoid it as much as possible. Thanks for your comment!
@JohnDoe-jc3cl
@JohnDoe-jc3cl 11 ай бұрын
Tip #6. Take a hit of Sambuka whenever he says “ at the end of the day “
@dominicm2175
@dominicm2175 Жыл бұрын
Although I agree that “ supply and demand “ ultimately drives the pricing ( economics 101) …. I just can’t morally and/or ethically do it. I feel in my heart that it is exploitative.
@handymanjourney
@handymanjourney Жыл бұрын
Trust you heart and do what you feel is right
@ricardorodrigues8460
@ricardorodrigues8460 Жыл бұрын
How do you get more customers? Do you pay for leads? What do you think about Thumbtack?
@handymanjourney
@handymanjourney Жыл бұрын
We don't use thumbtack but we do have paid Facebook, Google and nextdoor ads. We also have an ad on the local radio
@gsh319
@gsh319 Жыл бұрын
Another great piece of work madman. Always interested in what you've got.....But please,.. don't ever cross over holding the work, (13:15) guard or not, more than once, I've seen that blade, bite.. and take off out and up. taking a finger doe's less damage.
@handymanjourney
@handymanjourney Жыл бұрын
Thanks Scott!
@msk3905
@msk3905 Жыл бұрын
This is going to sound harsh but if you don’t know what your operating & overhead costs are then you have no business being in business! This should be the first thing you do when considering starting a business…sadly many don’t understand this.
@handymanjourney
@handymanjourney Жыл бұрын
Yep that is definitely something you must figure out! Very important
@theamerican4609
@theamerican4609 Жыл бұрын
QuickBooks.... How did you learn it? Did your accountant help you or did you figure it out yourself. Any negative issues with it?
@handymanjourney
@handymanjourney Жыл бұрын
It works great! I originally learned about it from other business owners and then my accountant has helped me implement it!
@jerrymckissen1617
@jerrymckissen1617 Жыл бұрын
Rule of thumb is 2 times material But if you can't for see the future communication is key. What looks to be one thing Can be another. Brace your clients and you are a hero when you go Below a cost .when it's below great if above you have let the client know you are not a magician for reality. They know this and so do you. The real thing is being honest
@handymanjourney
@handymanjourney Жыл бұрын
Yes definitely!! Have to be honest at all times! I appreciate your comment!
@coreysolomon6814
@coreysolomon6814 Жыл бұрын
What is a good basic on what to pay a helper by hour or by the day what's a good pay for your help
@handymanjourney
@handymanjourney Жыл бұрын
I actually just made a video on this subject, check it out: kzbin.info/www/bejne/d5-7q5qwbK95rM0
@coreysolomon6814
@coreysolomon6814 Жыл бұрын
I just watch it and it's a lot complex to what my business is I am a very small company with just me and I am looking for a helper but don't know should I pay him by the hour or by the day
@COMMANDER-ONE
@COMMANDER-ONE Жыл бұрын
Great channel. New subscriber here.
@handymanjourney
@handymanjourney Жыл бұрын
Hey thanks! Glad to have you! I am glad this video was helpful for you!💯
@Techpodshed
@Techpodshed Жыл бұрын
Journeymen in no trades
@handymanjourney
@handymanjourney Жыл бұрын
👍
@FrankCaruso-ho1xr
@FrankCaruso-ho1xr Жыл бұрын
been in the handy man business 53 years . if your dealing with landlords who have multiple properties good luck with a fair wage a nd that's keeping it real .
@handymanjourney
@handymanjourney Жыл бұрын
That's very true! Thanks for your comment!
@jamesjoslin7586
@jamesjoslin7586 Жыл бұрын
I almost NEVER work for landlords, investors or real estate people. Been screwed too many times.
@aliveandwell2078
@aliveandwell2078 Жыл бұрын
The state of California will only allow a handyman to perform jobs that material and labor combined must be $500 or lower. Otherwise you would be required to have a contractors license.
@handymanjourney
@handymanjourney Жыл бұрын
Yep, certain states have different laws for sure!
@MyName-tj4zj
@MyName-tj4zj Жыл бұрын
Commiefornia
@wittelarry1
@wittelarry1 Жыл бұрын
$999.99 here in Arizona
@SchoolforHackers
@SchoolforHackers Жыл бұрын
A very hackable system.
@jimmycampbell8175
@jimmycampbell8175 5 ай бұрын
Step one: leave California
@Leo-gt1bx
@Leo-gt1bx 4 ай бұрын
11:30 and 15:50 are the key take aways from this video for me.
@handymanjourney
@handymanjourney 4 ай бұрын
💪💪💪
@ajoseph895
@ajoseph895 Жыл бұрын
In CA we can only charge 500 a job.
@handymanjourney
@handymanjourney Жыл бұрын
As an unlicensed contractor in the state of California it is illegal to charge more than $500 per project including labor and materials
@ajoseph895
@ajoseph895 Жыл бұрын
Can we break up the projects in increments like demo installation and hauling? Thank you for your reply. I'm just starting out.
@carlodonnell146
@carlodonnell146 Жыл бұрын
Are any jobs left that handymen can do legally though, because handymen can be arrested by the law for doing work that requires licensed/certified professionals.
@handymanjourney
@handymanjourney Жыл бұрын
Handyman laws do differ from state to state and in some places county to county. There is plenty of work for the handyman to do!
@brittanyduckworth514
@brittanyduckworth514 Жыл бұрын
Is Facebook group no longer there? Links not working for me.
@handymanjourney
@handymanjourney Жыл бұрын
It's there, have you been in it before?
@affordableelegance1196
@affordableelegance1196 Жыл бұрын
Don't give a low price this time so you can set your self up to lose more money next time. Bid each project as it stands not In hope of the next one. Good luck guys.
@handymanjourney
@handymanjourney Жыл бұрын
Yes!💪💪
@herbwalsh6257
@herbwalsh6257 9 ай бұрын
6.5 years and your pricing ideal is still way to complicated. All of this pricing structure can be tossed for an easier system. I'd share this with you if you want.
@handymanjourney
@handymanjourney 9 ай бұрын
Always willing to learn!
@colewolfe6601
@colewolfe6601 16 күн бұрын
I’m interested
@mastrsk8
@mastrsk8 Жыл бұрын
How do you get around charging more than $500 in California without a Contractors License?
@user27278
@user27278 Жыл бұрын
No one cares
@joemonroe9456
@joemonroe9456 Жыл бұрын
@@user27278 Watch out for the stings. Useless people that have to justify their job.
@user27278
@user27278 Жыл бұрын
@@joemonroe9456 in CA you can steal $1000 from a store but you can't charge over $500 for helping a neighbor, let it sink in
@handymanjourney
@handymanjourney Жыл бұрын
at the end of the day there is no getting around it unless you get a contractors license.
@joemonroe9456
@joemonroe9456 Жыл бұрын
@@user27278 That's why they call it the land of fruits and nuts.
@frankhage1734
@frankhage1734 9 ай бұрын
From my experiences working in the Middle East, the more wealthy the client is, the more likely they will stiff you. Every contractor wants the future work, but the rich know they can easily stiff people at least once. They will plead for changes and upgrades and then complain about any additional fees. You want to get paid, so you play nice. They know the reason they're rich is they are able to extract wealth from the working class.
@handymanjourney
@handymanjourney 9 ай бұрын
I have not had this experience in the USA
@frankhage1734
@frankhage1734 9 ай бұрын
@@handymanjourney I also had a bad experience in NC with a devout Southern Baptist couple. They were guilt free about their poor opinion and treatment of "others". That was in the '80's. I've since had other bad experiences with wealthy people, who never seem to have to pay for their extravagant meals. Many wealthy people in the USA feel no guilt stealing and grifting from everyone around them.
@grocerysmart
@grocerysmart Жыл бұрын
Underpromise and over deliver includes throwing in an angle stop at cost, not upselling a $5 part.
@handymanjourney
@handymanjourney Жыл бұрын
It could include that if that's what you felt inclined to do
@primalartifice
@primalartifice Жыл бұрын
Maybe for the part itself, but there is no reason- unless the billing for the job is on the high side already- to include the labor for changing the angle stop.
@coreyfranco7060
@coreyfranco7060 Жыл бұрын
A handyman shouldn't be touching angle stops, that is the plumbers job
@primalartifice
@primalartifice Жыл бұрын
@@coreyfranco7060 😏😂 I'm a handyman with deep plumbing skills. Changing an angle stop is not a deep plumbing skill. It's rarely more difficult than changing a wax ring under a toilet, but it's a different task and has its own timeframe.
@coreyfranco7060
@coreyfranco7060 Жыл бұрын
@@primalartifice its disrespectful to the people that took the time to get a plumbing license and is illegal in most states. If you want to do plumbing then get a job as a plumbing apprentice and work your way up like everyone else...
@coldspring22
@coldspring22 Жыл бұрын
Yes but if you charge too much, your clients will just find someone who charge less. Plubmter for example charges $300 to fix drain clog. Well we no longer hire any plumbers because they charge too much.
@handydigits1846
@handydigits1846 10 ай бұрын
Hey bubba how much….uhhhh 50 bucks….ok…..3 weeks later oh crap you’re not insured? Ya get what ya pay for😊
@Jaredstpeter
@Jaredstpeter Жыл бұрын
I like what your selling, just hate the way you poured that sack Crete
@handymanjourney
@handymanjourney Жыл бұрын
Hey, thanks for your comment! We use quickcrete and there's a few different ways that you can mix it!
@zbcc12
@zbcc12 Жыл бұрын
Good Video! Here is a comment for the Algo.
@handymanjourney
@handymanjourney Жыл бұрын
Thanks bro! I appreciate it!💪
@anthonygarofalo559
@anthonygarofalo559 Жыл бұрын
Charge what it’s worth if it’s done CORRECTLY
@handymanjourney
@handymanjourney Жыл бұрын
Yes definitely!!!
@Bapuji42
@Bapuji42 11 ай бұрын
1. Dropping a wrench on a priceless vase. 2. Accidentally walking in on client's teenage daughter showering. 3. Flooding the entire basement. The ENTIRE basement. So that it's completely full to ground level. 4. Incorrect use of dynamite. 5. Farting
@mr.kenslifeshop4034
@mr.kenslifeshop4034 27 күн бұрын
Are you charging for estimates at all yet?
@handymanjourney
@handymanjourney 27 күн бұрын
We give free phone estimates , in person consultations are $100 that is credited to the job
@thegrantdanielsband
@thegrantdanielsband Жыл бұрын
All that is good and well but you missed the most important thing?? Do the job like a pro not a Handyman this will serve you best when people are happy, and people talk that turns into more work. Doing a hack job never pays LOL 🙂
@handymanjourney
@handymanjourney Жыл бұрын
Totally! Covered doing a great job! Handymen are pros and can do great work! Thanks for your comment!
@thegrantdanielsband
@thegrantdanielsband Жыл бұрын
@@handymanjourney Only a few are or think they are!! sorry to tell you LOL.
@mevenstien
@mevenstien 7 ай бұрын
🙂
@handymanjourney
@handymanjourney 7 ай бұрын
😀
@BreakingElegance
@BreakingElegance Жыл бұрын
I say you charge people that want a good quote higher so they go away
@RapTalesRewind
@RapTalesRewind 5 ай бұрын
I have lots of work just give me a deal dont worry its easy , I would do it myself but just dont have the time.. undermining you All it needs is one coat.. 😂 no dont do it they wont be happy and it will be your name on the line.
@handymanjourney
@handymanjourney 5 ай бұрын
yes !!!!
@aframesq
@aframesq 4 ай бұрын
How do people pay you?
@handymanjourney
@handymanjourney 4 ай бұрын
Typically with a check or credit card
@miked4079
@miked4079 Жыл бұрын
I have a hard time trusting any business that puts honest in the name
@handymanjourney
@handymanjourney Жыл бұрын
Sorry you have been hurt by that in the past! Appreciate you tuning in!
@miked4079
@miked4079 Жыл бұрын
I actually haven't, just have heard some stories about multiple "honest" guys. I'm sure you do great work 😃
@jetheridge3798
@jetheridge3798 Жыл бұрын
You forgot geographic location your not going to make any money working at trailers parks USA .
@handymanjourney
@handymanjourney Жыл бұрын
Most definitely!
@gfysyoutube
@gfysyoutube Жыл бұрын
lol. he said not charging enough!!!
@handymanjourney
@handymanjourney Жыл бұрын
Yep that's a huge mistake handymen make!
@Techpodshed
@Techpodshed Жыл бұрын
Yes they charge double for the mistakes their going to make. Jack of all trades masters at nothing!
@handymanjourney
@handymanjourney Жыл бұрын
👍
@danieli708
@danieli708 Жыл бұрын
The actual full quote: “Jack of all trades master of none, though often times better than master of one.”
@coreyfranco7060
@coreyfranco7060 Жыл бұрын
How do you support 5 employees with $500 job cap?
@handymanjourney
@handymanjourney Жыл бұрын
You do small maintenance style jobs were no project is over $500 but you can do many small projects in one day
@coreyfranco7060
@coreyfranco7060 Жыл бұрын
Starting to wonder why i bothered getting any licenses, i expect maybe 100/hr for electrical service work and handyman get that for replacing a mailbox...
@jamesjoslin7586
@jamesjoslin7586 Жыл бұрын
@@coreyfranco7060 Its dog eat dog out there...........
@coreyfranco7060
@coreyfranco7060 Жыл бұрын
@@jamesjoslin7586 id be trying to make friends with the tradesman, not trying to take food out of theres kids mouths lol
@jamesjoslin7586
@jamesjoslin7586 Жыл бұрын
@@coreyfranco7060 Just sayin how it is. I’m a long time contractor and learned A LONG TIME AGO that whatever you quote someone, there’s ALWAYS someone who’s uninsured, un licensed and working for cash nippin at your heels ! A lot of cops, fireman and teachers “ in busness too” !
@calvinb2771
@calvinb2771 Жыл бұрын
Having a handyman business myself for the past 10 years. I have a hard time believing you're making much of a profit, if any at all, being so heavy on the admin side and business cost with only 2 techs in the field. I think you're way to heavy on your cost to do business with how many techs you have. That's just my 2 cents but I hope you do well.
@handymanjourney
@handymanjourney Жыл бұрын
It is definitely more expensive with heavy on the admin side definitely.
@calvinb2771
@calvinb2771 Жыл бұрын
@@handymanjourney good luck on you business venture. Hardest thing I've found running a handman business is finding good well rounded techs in this field willing to work for you. It's much more rewarding to work for yourself. With that said, be carefully on creating too much extra cost.
@pjplumber2146
@pjplumber2146 Жыл бұрын
Calling yourself a handy man. You do know professionals get a laugh when you don’t know where to stop? Just don’t be one. Pick a specialty. Even if that specialty is home maintenance. But dont be handyman. And be honest. Tell the client a professional is likely the same cost. Business taxes and monthly cost are equal across businesses. The difference is the ego of the owner. So being honest is number 2. But never become a handy man. Your rip off artists preying on the fear of cost for a “pro”. There’s tons of guys cheaper than me by the hour. But if I can replace everything on a toilet in 25 minutes and the parts cost $35. I get accused of having a $300 per hour rate. But really the invoice is $225. And I’m in house 35 minutes talking. That’s gotta be accounted for. 😅. So the client adds value by chatting. But the real value is having a person that can rebuild a toilet included wax and supply line in 25 minutes. I’ve watched milk men take 2 hours. At $95 an hour rate. Same parts. Who made more? The odor or pro?
@handymanjourney
@handymanjourney Жыл бұрын
Thanks for your comment!
@iceman846
@iceman846 Жыл бұрын
Here is the number one mistake, hiring a handyman to do the work of a licensed professional, always ask for their liability insurance
@handymanjourney
@handymanjourney Жыл бұрын
I would agree that if you do need a license contractor to perform a job you should definitely hire a license contractor and not a handyman but there is a lot of handyman type work not a handyman can definitely Excel at!
@coreyfranco7060
@coreyfranco7060 Жыл бұрын
Handyman rapes you for the same money if not more so might as well just hire the licensed guy with the bond and insurance. If there is a problem with some work that requires a license an insurance company may refuse a claim...
@iceman846
@iceman846 Жыл бұрын
@@handymanjourney agree
@gavinnewscum
@gavinnewscum Жыл бұрын
Get a license and be a contractor
@handymanjourney
@handymanjourney Жыл бұрын
Thanks for your comment
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