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- Users: Tyson Isaac
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New millionaire class… trade empires.
CHATShawnvandyke has a book titled "Profit First" which I thought was a good read and a good explanation of the problems many tradesmen face along with potential solutions . Also a great example of selling shovels to tradesmen.- Tyson Isaac
- Post #20
- Forum: Business Models, Niches, Industries
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New millionaire class… trade empires.
CHATOf course that's the way to do it. My point is if everyone is doing it it brings the price down. In Canada there are very very few wealthy people in the trades without a ton of investment and massive scale. The investment and effort to scale would yield similar or better returns in almost any...- Tyson Isaac
- Post #13
- Forum: Business Models, Niches, Industries
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New millionaire class… trade empires.
CHATThere are people doing well in the trades. However it's in trades where the barriers to entry are higher. Immigrants seem to be filling most of the labour roles and that keeps a cap on labour rates. Meanwhile the homeowners see rising trade costs but the majority of cost increases is in...- Tyson Isaac
- Post #9
- Forum: Business Models, Niches, Industries
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New millionaire class… trade empires.
CHATIf you look into Alair Homes it's an example of someone creating a franchise network of general contractors. I worked for them as a tradesman and I felt they did create a lot of value both for the home owners and tradesmen while Alair franchisees had little risk and collected I believe 10% of...- Tyson Isaac
- Post #2
- Forum: Business Models, Niches, Industries
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Happy to Find the Forum
INTROHi, Cannot believe the value on this forum! I ironically have chased money ( the cat!) since 14 years old. I was making $90/hr at 16 with one side hustle. I have had several different businesses that have netted $100k/year in profit but they were trades JOBS. That's what my family did that was...- Tyson Isaac
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