Sharing My Mistakes: This cost me $20,000 in PROFIT

Рет қаралды 36,792

Күн бұрын

Starting this job i would never think i would be minus 20k..but like everything in business you never know whats going to come up. People are ashamed of the loses and its not easy to speak on them however i still choose not to focus on this. I always focus on the wins. You learn from wins more than loses. However i wont make that mistake again with the pavers.
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Topics:
losing profit on landscaping job, how to run a business, mistakes made in business, landscaping mistakes, underbidding jobs, how to learn from your mistakes, how to profit on a landscaping job, how can close more deals with customers, what i did wrong on a job site, installing artificial turf mistakes, installing pavers the wrong way, how to bid pavers properly, what i did wrong on my paver job,

Пікірлер: 87

@TurfZone 2 жыл бұрын

Lol man idk how many times ived charged jobs, been the highest bid, and still look at the numbers and thought to myself “damn I should have charged more… “ lol

@marceldwayne8491 Жыл бұрын

Then you weren't the highest bid, to begin with, lol

@TurfZone Жыл бұрын

@@marceldwayne8491 no shit Sherlock. Highest isn’t priority when you focus on volume.

@marceldwayne8491 Жыл бұрын

@@TurfZone - This guy Calm down. It was just a regular comment. You acting like I expose your wife's nude pics. Volume is essential in business

@TurfZone Жыл бұрын

@@marceldwayne8491 Don’t scroll to the left, you might find yours bent over too taking 🌶 in the album 😂 No duh volume is important, if it makes sense for you.

@landmarkcreations1183 2 жыл бұрын

Appreciate all the uploads T. You the man👊

@danielmar4532 2 жыл бұрын

You're a beast that's for sure! I own a little landscaping business in lake havasu city Arizona. And your team and you, is alot of fun to watch and knowledgeable

@hhprogressiveconstruction1140 2 жыл бұрын

One of the things about having the right profit and margins on jobs is for when you have issues on jobs and lose money you have that money in the bank account to stay in business and move forward on that losing job .

@kevinnorene9224 2 жыл бұрын

Love your videos! company does such great work and take pride what you do .i have a small landscape business in Sacramento.

@jakegalsterer5555 2 жыл бұрын

Good video man love to watch it

@Yonick1999z 2 жыл бұрын

I seen you took into consideration what I said last video 😂 love it

@AA-nt4rm 2 жыл бұрын

Dope work T !

@bobojr456 2 жыл бұрын

I've always had issues with estimating demolition as well. It gets better with experience. I try to overestimate and build in multiple layers of cushion including overestimating the size by a bit to overestimating the time it would take. That helps but at the end of the day, the more you estimate, the more you get better (as long as you have a learning attitude).

@chrism1096 2 жыл бұрын

Hey tigran! What software do you use / spreadsheet that was able to help you so much in realizing you were negative ?

@Cole-mc2cy 2 жыл бұрын

Admitting and seeing where your faults are makes you a better businessman

@CerretaniOutdoorsLLC Жыл бұрын

Whatever I’ve done if it was my sports or now my business, I will lay up at night and wonder what I could of done different or better to make myself better It’s a curse and blessing but I enjoy it

@matthewp1682 Жыл бұрын

Yes it will prevent mistakes from happening again.

@plandscapesoh9702 2 жыл бұрын

Love your vids!

@jimrichter9549 Жыл бұрын

Hey T, great Channel, not sure if this would have been possible or not but as soon as you found out all the rebar was in the curb you should have just cut it up in sections with a saw

@RealJulioSJR 2 жыл бұрын

The result came out beautiful!

@scottjohnson5828 2 жыл бұрын

Mistakes are not mistakes you charge more for these mistakes because you learned for next time. You adapt and adjust. Have a cushion for these mistakes in the cost. You know this you are a boss! You make it happen.

@galvanizedgnome 2 жыл бұрын

This is your best video yet.

@siliconvalleylife2.048 2 жыл бұрын

The grey sand is "Washed" sand. Mud, clay, rocks has been washed out of it.

@tenzinminz5150 2 жыл бұрын

'organic sand' got me :D i feel the frustration .

@timothyvictoria342 Жыл бұрын

Where did you get the turf? Is there a website?

@nick-03 2 жыл бұрын

these style videos are the best

@ceciliovega4955 2 жыл бұрын

Hey buddy I'm from Chicago Illinois starting a little business I'm not too good with phones and computers most School I hear you once in a while talking about some kind of program you have for contract or something like that makes it easier what is that called how do I get it and never joined or subscribed to anybody what do I have to do like paid or what do I do thank you bro

@johnroberts5656 2 жыл бұрын

Ayo T just rember you learn from your mistakes and not everything in live is perfect but just tell your self that in life "everything happens for a reason"

@juliosuazo6949 2 жыл бұрын

what you pricing on turf installation?

@christopherriceinc 2 жыл бұрын

when doing Drainage, extend the downspouts underground. & then convert to your PVC or poly.

@siliconvalleylife2.048 2 жыл бұрын

Except if that drain ever gets dented or damaged, you can't do the repair.

@innerwoven_family 8 ай бұрын

Yeah bro that’s allot of work. That looks like a hard one to quote. Even with a great design like that!

@AlenSaenz 2 жыл бұрын

Even win you lose you take the W 🐐

@Dirty.Engines 2 жыл бұрын

You should have charged more on some stuff. I have to say the Masonry on this project is killer. I like. Looks great.

@siliconvalleylife2.048 2 жыл бұрын

I feel for you. With all my criticism I certainly don't wish you to lose money. On this particular video I can't pick on you because that job is phenomenal, you gots some balls to take that on. All I can say is, and I'm not sure, but I think porcelain should be at least $80sq.ft. We did a small one for $50sq.ft. 2 years ago, it wasn't enough. I'll never do porcelain again, total pain in the ass. You need to raise your prices incrementally to get your 25% margin back. Talk to Dawson of Lane or Bjorn of Evergreen, you have to get to 25%. 10% doesn't give you enough cushion. One thing that I do on all my hand typed contracts, is I show how much materials will cost and how much labor is. That way if the supplier raises the cost of materials between when I bid it to when we install it, I can charge the extra. I'm also extremely detailed in the contract. I'll type exactly how much soil is being hauled out, so if we end up removing 5 or 10 yards more, I charge extra. Also, to raise my rates without making it look like it. Where ever I can I separate incidental charges. Now I charge separately for compost and ground prep for lawns instead of including it as a bundle.

@JohnManderMarketing 2 жыл бұрын

How would I join goat gang? I have a question I’m sure you would have the answer to. I wanted to know what you would do if you had the know how to desginer a backyard and a good amount of tools enough to offer most services , but it’s only me. If I have $0 to start a landscaping company , but that’s my goal. What would you do from there to achieve that goal?

@eddie2819 2 жыл бұрын

I lost $3,000 on a job I’m working on now. Stupid me took down the silt fence and I planted a bunch of large privacy trees. Didn’t put the silt fence back up and 2 days later horrible rain storm came through and all the silt from my grading washed into the neighbors pool. Had to get a pool company to remediate it. Then when he was done he didn’t clean out the pipes for some odd reason and when he turned on the pumps the silt went straight back into the pool. Had to pay to fill the pool twice…

@nerithep1155 2 жыл бұрын

Beginner mistakes

@Dredugz 2 жыл бұрын

As soon as they seen how much material was in that curb I would have stopped tearing it out and addressed the home owner... pay more or I just repair what we just done... estimates are just that... the project could go either way on cost.

@innerwoven_family 8 ай бұрын

Yes that is the way

@d2customz431 2 жыл бұрын

how do you join the curve cut so perfectly?

@d2customz431 2 жыл бұрын

it comes that way?

@erikrojas5871 2 жыл бұрын

Good profit lesson from tigran .

@moefanta4662 2 жыл бұрын

Lol Come on T you made me raise my prices 😂

@gary_neilson1896 2 жыл бұрын

Those houses are too damn close together.

@florentinolira8251 2 жыл бұрын

No way you have a worker named Florentino it’s so rare finding people with the same name lol

@yousufkothawala270 2 жыл бұрын

"Organic sand" lmao🤣🤣🤣

@TigranGertz 2 жыл бұрын

haha

@christopherriceinc 2 жыл бұрын

that's so nuts .. $225k & took an L? 😢😢😢😢

@spicynoodles144 Жыл бұрын

I used yard zen, never again…. Wasted money on the design.

@beyondthetrees5821 2 жыл бұрын

We learn from your mistakes Tigran

@Kanooky_Jones 2 жыл бұрын

If you’re using clumping bamboo instead of shooting bamboo, no barrier necessary. If customer chose the bamboo, they chose the wrong bamboo.

@siliconvalleylife2.048 2 жыл бұрын

I forgot which video you said that you hated Yardzen. I thought it was this one. I went to an estimate yesterday and the client produced a design by Yardzen. So I said, us Contractors really don't like Yardzen because we have to redesign/plot their drawings to scale. The client got upset and threw us off their property. Note to self : Don't tell the client that you don't like Yardzen. Keep that shit to yourself.

@lcb9062 2 жыл бұрын

You’re crew is decent at the turf but they could be so much more efficient. My company has one person do a seam that size by themselves in about 15 minutes cut and glued. It shouldn’t take 4 guys to do a seam

@Allinoffroad 2 жыл бұрын

your thumbnail is exactly how to not teach a master class on construction

@chupapi6021 2 жыл бұрын

Fuck man all those big numbers just to make like 30k profit it’s not worth it. Sometimes contractors want to show off how big they are. I can make that much profit doing little jobs without all the headaches

@DavidGomez-sd4qq 2 жыл бұрын

🐐

@joshmaitie5954 Жыл бұрын

There's black sand to if you didn't know

@osjproductions5856 Жыл бұрын

If I was getting fake grass, I'd want inorganic sand under it.

@younney1533 2 жыл бұрын

$250k landscaping job, dam those home homeowners should just purchase a new house lmaoo. That’s has to be LA or NYC where homes are over 1million.

@JoseCarranza-qk1fn 2 жыл бұрын

Organic Sand…🤣😂🤣😂

@alanhernandez6354 2 жыл бұрын

T! grab and make more companies out of state strong work force Al 💯

@colima4437 2 жыл бұрын

👍👍👍👍

@artemartem1134 2 жыл бұрын

I often wonder who has hundreds of thousands of dollars to spend on landscaping. Then I remember that these are million dollar shitbox homes in California and I feel better about myself.

@TigranGertz 2 жыл бұрын

You should feel bad about yourself lol

@artemartem1134 2 жыл бұрын

@@TigranGertz nah - I'm good. Bills are paid, kid is happy, hobbies. I don't need to be a millionaire and I don't need to live in California that's for sure.

@jimsmith1946 2 жыл бұрын

170k for payroll on a 250k job, there's your problem

@e4d578 11 ай бұрын

You'd lose street cred with me if you were doing a lot of labor work. Your job, as I am sure you know, is to get more business.

@Rankin-Hardscape 2 жыл бұрын

👍

@padintrucking7237 Жыл бұрын

Organic sand 😂😂😂

@colima4437 2 жыл бұрын

☝️☝️☝️☝️

@dpwilz Жыл бұрын

Creepy in the end

@christophervillatoro4812 Жыл бұрын

Lol organic sand

@noeevazquez5956 2 жыл бұрын

170k on labor only??? Damn, that job should’ve taken like 2 weeks max

@davidhernandez741 2 жыл бұрын

ThTs what i said them dudes getting paid like 30 n up lol plus it’s California

@hhprogressiveconstruction1140 2 жыл бұрын

Labor is a big chunk of costs . From what he says the guys get paid well add the pay roll and Taxes per man it adds up fast for what he needs to charge .

@majoralpha1015 2 жыл бұрын

Such bs 😂

@hhprogressiveconstruction1140 2 жыл бұрын

@@majoralpha1015 Remember he’s billing out like $150 a guy man hours add up fast on big projects .

@noeevazquez5956 2 жыл бұрын

@@hhprogressiveconstruction1140 yea but there’s Max 6 guys there, so he’s saying he paid each guy 28k for this job, which should take max a month. That’s like 7k a week per person. Doesn’t add up, he just likes putting big numbers for views.

@jasonmatthews5608 Жыл бұрын

Why do you have to tag them as Mexicans? Can you just say 4 guys, period.

@AresGodOWar 2 жыл бұрын

Gtfo of here lol, There is no way in the world that it cost you 20k to demo that little curb, At most it took that machine 2 hours to demo it.. So paying a employee at most $30 a hour x 2 hours = $60 , Plus maybe $10 in gas, It cost you more like $100 on the high-end to tear that curb out. Come oooooon man lol

@mhudz3565 2 жыл бұрын

Bro. Seriously. Stop right now. You need to hire an experienced commercial construction estimator (not some kid ). You are wiping your own ass with your own shirt. Holy cow. You lost all your $20,000 profit on a 200,000+ project? So first of you are quoting at 10% profit which is about probably about 40% too cheap. The amount of risk, liability for that job is huge. $212,000 or whatever it was is low just by looking at that, all that porcelain and turf. It is actually impressive how you consistently price these projects to come as close to beak even as possible. That in itself is a praiseworthy skill. In one video you claim you charge $110 per man hour but in this video you paid $170,000 in labour (as an expense) , if your highest guy is $40 per hour, add in burden. (basically you claim you charge 2.5x your labour cost. Bro you where billing $110 per hour per guy you would have had to charge around $400,000 - $425,000 just in labour based on those numbers you said. Since you broke even basically you are charging less per hour per guy that what you pay them. Another thing is that you act like a wet noodle with these homeowners when things get complicated. Stiffen up and a up your price bro, you obviously aren't there loose money. Oh one more thing, you didn't loose $20,000 here. You lost $80,00-$100,000 because that's what you should have collected as a gross profit based on the price you quoted.

@TigranGertz 2 жыл бұрын

You know nothing about landscaping. Google profit National average for landscaping

@mhudz3565 2 жыл бұрын

@@TigranGertz I know more than you think. And it doest matter if you are a landscape contractor, roofer, concrete or something else. It's a a trades /home improvement /construction business. Landscaping should be higher if anything as you have heavy machinery, heavy trucks,. Lots of rules, regulations , insurance, for towing heavy trailers and driving heavy trucks. Why would a painter be able to make higher profits than your business. You have multiple trades within the project you are completing. Building your profit margins into your quotes based on some generalized info on American nation average profits for landscaping is like listing a 5 Million dollar home for sale based on the American average home price.

@majoralpha1015 2 жыл бұрын

Dayumm 😅😅