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

  Рет қаралды 9,564

Roofing Insights

Roofing Insights

Күн бұрын

Пікірлер: 60
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
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 Жыл бұрын
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 Жыл бұрын
Top 5 Roofing videos in the last 3 years ❤
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Thank you so much! Glad you found value, thanks for engagement!
@TKayCO
@TKayCO Жыл бұрын
100% agree. Very good!
@FranciscoMarcialA
@FranciscoMarcialA Жыл бұрын
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 2 ай бұрын
Best video ever and can’t wait to listen 10x . Gold!!!
@MYRONone.
@MYRONone. 6 ай бұрын
i’m starting my own compost soon thanks to your videos for the support on this blind ride to being a business owner
@brandiburk2820
@brandiburk2820 Жыл бұрын
This was great, thank you, Dmitry.
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
you are welcome! Hope it helps!
@gusto1557
@gusto1557 Жыл бұрын
Good content. Some very simple take aways and some other that we all know we should do but he reaffirmed.
@desertskyroofing
@desertskyroofing 11 ай бұрын
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?
@onpointroofingrepair7167
@onpointroofingrepair7167 Жыл бұрын
Great video very informative when starting a roofing business I needed this Thank you bro
@Swampfox42
@Swampfox42 Жыл бұрын
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.
@brandiburk2820
@brandiburk2820 Жыл бұрын
We should talk. I’m being audited now
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
agree! Will do video on just insurance audits!
@jaysonbooth1381
@jaysonbooth1381 9 ай бұрын
Thank you Dmitry for this video and congratulations on 100k subscribers!! I’m watching as many videos as possible!!
@WeFindSimpleSolutions
@WeFindSimpleSolutions Жыл бұрын
This is a great video, definitely covers a majority of the issues and problems. We ran into, when we started. 💪
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
What was the biggest surprise for you?
@MrSplash42
@MrSplash42 7 ай бұрын
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.
@DavidSummerly
@DavidSummerly 11 ай бұрын
This video is phenomenal! It can be generalized for most business too.
@ApexRS_Chavez
@ApexRS_Chavez 9 ай бұрын
Good Stuff my man! This is way more helpful than most content out there.
@marcus.639
@marcus.639 8 ай бұрын
Solid advice thanks man
@jamesanthony4974
@jamesanthony4974 11 ай бұрын
Great video Dimitry! I’m in the process of opening a roofing company, this was a huge help! Thank you!🙏🏻
@sparksmcgee6641
@sparksmcgee6641 Жыл бұрын
Im 53, and I've had 3 businesses. Im a builder now. This is a PERFECT plan for starting a business.
@hunterback3022
@hunterback3022 Жыл бұрын
Ya don’t know shit McGee
@TheRoofDoctor96
@TheRoofDoctor96 Жыл бұрын
Aussie roofer here Just went on my own recently. Thanks so much for the information bro
@jballssmyrl1452
@jballssmyrl1452 Жыл бұрын
Thanks
@user-ei4jp5sz5c
@user-ei4jp5sz5c 11 ай бұрын
Great video. Helps a lot for us in our second year in business.
@MasotaMau
@MasotaMau Жыл бұрын
Great video Dmitry will help a lot. Currently 5 years in started with residential now commercial .
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Best of luck!
@martellfletcher
@martellfletcher 3 ай бұрын
Are there any biographies from successful roofers that you would recommend to a beginner in the industry?
@stevecardon4834
@stevecardon4834 Жыл бұрын
I feel everyone of those mistakes. I learned a lot from this video I wish I had seen earlier.
@reyflores1751
@reyflores1751 10 ай бұрын
I'll keep watching videos from you Great content
@TKayCO
@TKayCO Жыл бұрын
What a video! I’m just starting and am so glad you made this one. Thanks 🙏🏼
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Good luck in your beginning! Reach out if you need help!
@TKayCO
@TKayCO Жыл бұрын
Thanks mate. I will do :)
@prestonneubert1983
@prestonneubert1983 Ай бұрын
Good stuff
@ivanmiller4992
@ivanmiller4992 9 ай бұрын
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
@cruzvillanueva5253
@cruzvillanueva5253 Жыл бұрын
Thank you for the great content.
@dannyboyssj
@dannyboyssj Жыл бұрын
This is the video that made me sub loved the info thank you very much
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Thanks for the sub!
@darrincoy9361
@darrincoy9361 5 ай бұрын
Which CRM do you recommend and what are your thoughts on tv commercials? Local
@BayatDigital
@BayatDigital Жыл бұрын
Great video as always Dimitry! 👍
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Thank you sir! Appreciate it!
@jimthompson9929
@jimthompson9929 Жыл бұрын
Good video. Lots to learn here.
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Glad you found it helpful
@samarafat6448
@samarafat6448 Жыл бұрын
Great video, thank you so much 🙏🏻
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Glad you enjoyed it!
@TouchingwordsUW
@TouchingwordsUW 7 ай бұрын
On paying employees not being over 10% is that also for in house installers?
@samtroyer1457
@samtroyer1457 11 ай бұрын
Great info 👍
@ramrab8368
@ramrab8368 Жыл бұрын
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 👍
@RoofingInsights3.0
@RoofingInsights3.0 Жыл бұрын
Not first year… maybe second year…
@jamescarone9553
@jamescarone9553 Жыл бұрын
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 Жыл бұрын
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.
@alanmackenzie9712
@alanmackenzie9712 11 ай бұрын
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 11 ай бұрын
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 11 ай бұрын
Maybe I just need to save if I can
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