- Joined
- Jan 15, 2019
- Messages
- 185
- Location
- Northern IL & Southeastern WI
Rep Bank
$1,315
$1,315
User Power: 210%
Just in case anyone is wondering the profits from these projects.The first one is a $25k total project and the second is a $15k project.
$25,000 + $15,000 for the jobs total (deposit and everything)
Materials:
$4,500 job 1 - New pressure treated wood, Zinzer Primer, Cabot deck correct (the lady bought the paint for the larger job so subtract $750, but i will keep it in because that is rare)
$3,500 for the second job. Plants, mulch, and cedar wood which is much more expensive than pressure treated but it was a much smaller deck
$475 for a 30 yard dumpster
Gas is around $3.65-$3.85 a gallon, I drive a Dodge ram which is okay with fuel
$650 for gas lets says to drive guys around
$450 for Ubers/Lyfts to get guys home or from job to job since they're pretty close
$500 in extra material expenses (screws, drill bits, extra wood pieces)
Labor:
I pay both my guys $20/hr
These two projects have and will take a total of 3 weeks so 15 work days.
9 hours a day for two guys = $180/day * 15 = $2,700 for the job total
= $40,000 - $10,075 - $2700 = $27,225
I add a buffer of around $1,500-$2,500 for extra expenses so just around a $25,000 profit for these two jobs.
One came from doing a trade show this spring and the other was a nurse at my mom's old grade school so I was referred to her by some of the teachers there.
We do around 20-25 jobs a year varying in size, so we average around $10k-$15k in profit per job.
I get around 20-25% per job that we complete because I did just hop on as a partner. I'll take the low pay now to learn, learn, learn, and build a reputation/following around my area which is still taking off with new people moving in.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
