🔴 REPLAY: Contractor Business Tips - You’re Not a Victim, Success is Your Choice

[@Leo-yo6wz]

You’re the best. I actually watch your videos whilst at work and it’s really opened my eyes. I have been slaving away and running round like a half wit for people , not charging enough and letting them own me! It’s all changing because of you. Thankyou from Cheltenham, England

[@GodzUnit01]

thanks so much for the viewer who asked the question about answering questions with confidence and thank you Tom for giving such an in-depth and real-life-scenario response.

[@matthewcanfield6748]

I'm fat. I wasn't always fat. I notice a huge difference in how people interact with me. Started doing push-ups, dips, and dumbells at 3 am and whenever I can. I'm still fat, I still have customers. I'm a work in progress and making changes, thanks Thom

[@dannyblessent8459]

Most legit contractor coach!! Love your videos!!!

[@contractorfighttv]

Thank you 👊🏻

[@karamelahi2808]

Tom, thanks for the amazing advice and deep insight about how we should approach the contracting world. I’m jumping headlong into this unknown territory myself, and your channel is just the pill that I need to ail my concerns and prep me for what’s ahead. You just gained an appreciative subscriber.

[@marioortega8281]

Thank you for sharing your acknowledgment god bless you Man you can’t imagine how helpful it is to me rn creating a Plumbing business

[@jaysuchor4303]

Thanks for the tips Tom! I'm a concrete conctractor in N. eastern Wyoming.

[@contractorfighttv]

Thanks for watching Jay!

[@solidasconcrete]

Shot mate , rock on .

[@Evangelistaciro]

Great man god bless

[@aaronshaffer7202]

You're the fucking best. Seriously you have my energy so high for my future its crazy. Thank you

[@contractorfighttv]

Glad to hear it Aaron!

[@gracefulgoon3190]

I need me one of those shirts!

[@josiewailed2746]

Hey man I'm a new and upcoming contractor out of Florida. I've got myself in a big job that is way to huge for me but I want to a shark in this big ocean full of fish and may need some tips to over come this job and get out from under it? Any tips

[@solidasconcrete]

Be confident, own it don't let it own you . 💯

[@mikeodell5915]

I work .5 day on jobs .5 day marketing working at a 10....constantly recruiting....savage super power the WORDS

[@contractorfighttv]

Good stuff Mike

[@davidjonathannn950]

mentor, I have a question it would mean the world to me if you answered i just started as a contractor for insulation and i want to know how do i get clients? do i find a builder or......

[@ManuelHernandez-br6dy]

How would the 50% gross profit work, or how would you make sure to get that when ur business is a partnership?

[@manuelmagana9476]

I wonder, you always talk about selecting process,? What is your prosess ?? It'll be great if you do a video about that, I would like to know how to have one

[@mikeodell5915]

Your story is so parallel to mine

[@darrylanthonybriones46]

Hey man, Im a new contractor here in the Philippines. I just have quick question, is it important to be an engineer when you’re contracting?

[@oldentimes236]

If you are a contractor wouldn't you already know the answer to your question? Anyway, maybe there are things in your situation that I am not aware of... so, here's an answer. Long answer... I personally have not met a contractor, general or otherwise who was an engineer. That's why or architects send the plans to an engineer. Short answer would be... no.

[@katekate8973]

You need to go to Tedtalk

[@contractorfighttv]

Ha! Thanks Kate.

[@masterpaintcarpentryinctv8377]

You always mention a 50% GROSS profit What should my ideal NET profit be ?

[@contractorfighttv]

Depends on your overhead and what your ultimate goals are. It should be as high as possible. A higher gross profit will make it easier to have more in NET which is why I focus on Gross Profit.

[@masterpaintcarpentryinctv8377]

As a business owner, the company pays me around $1000 a week, should my salary be included before the gross profit or is it part of the gross profit or is it part of the net profit?

[@jasongettum4054]

@@masterpaintcarpentryinctv8377 If you pay yourself a salary as the owner, your income comes out of gross profit.

[@jasongettum4054]

to be a little more clear, whatever you have leftover after you pay your job costs, your overhead/payroll,etc is your net profit. Most shoot for a 8-10% net but also depends on trade. Some specialty folks can get a lot more. Also depends on company size.

[@contractorfighttv]

Your salary is part of overhead.