Building a Multi-Million Dollar Construction Business | The Ultimate Guide for Contractors

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According to the U.S. Bureau of Labor Statistics, the average equipment operator makes only $49,100 per year…… and according to the job search site indeed.com, the average construction business owner makes only $66,000 per year……

We all know someone or have at least heard stories about the owner of an equipment or contracting business who’s generating $1 million a year—sometimes more.

What are they doing that others aren’t?
How do they do it you ask yourself?
What do they’ve got that I don’t?
What’s their secret? It can’t just be hard work… can it?

We know a lot of you are out there hustling, most likely working for someone else—doing landscape, roofing, painting—maybe you’re operating a piece of equipment and you like doing it, which is great—maybe some of you even have your own business—If so, we tip our hat to you… But what about those of you who want to run your own show? What about those of you who don’t just want to operate a mini excavator in a backyard but want to run a whole fleet of ‘em?
We know who you are, and we want to help you, so here it is… Our everything-you-need-to-know guide for building your very own construction business—a business that makes you a lot of money.

How to Build a Multi-Million Dollar Construction Business:
0:00 Intro
2:47 Why do construction businesses fail?
3:40 Construction Products and Services
5:00 Business Type - Individual
5:00 Business Type - Partnership
5:00 Business Type - Franchise
8:40 Obtaining Customers
9:30 Some Obvious Tips
13:10 Lead Generation
13:55 Managing Your Multi-Million Dollar Construction Business
14:31 Specialization and Market Niches
15:58 Company’s Business Plan
16:58 Professional Help
19:09 Expansion
19:51 Learning From Competitors
21:21 Luck
22:19 Rainy Days
22:53 Hubris
23:40 Burn Out
24:17 Keep it Legal
25:03 Final Thoughts

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Our videos are published for entertainment purposes only. They are not financial, legal, or safety advice. Although we interview and consult with various experts, we are not attorneys or safety experts ourselves. You should seek advice from a licensed professional before taking any action derived from our videos in any way.