4.9 • 1.1K Ratings
🗓️ 18 July 2024
⏱️ 39 minutes
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Tyler discusses his recent family vacation and home renovation projects, as well as his insights on the challenges faced by small business owners in the residential construction industry, particularly around understanding and pricing employee costs. Tyler offers consulting services and an upcoming industry event to help address these issues.
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0:00.0 | If you have two employees and say you're just breaking even with them at $70 an hour and then as a business |
0:06.8 | owner for your time you want to charge $125 an hour with no markup on that. The break even to cover your time and your two employees time is going to be $2,120 to have three people on the job. Now you want to add the 20% profit on your employees. You're at |
0:25.8 | $2344 for the day. A week of your time in that bathroom's what $15,000 right off the bat with no subs no |
0:36.8 | materials like that's expensive it's going to be tough to get those numbers. |
0:49.0 | What's up everyone? |
0:51.0 | How guys doing? Good day. |
0:52.0 | Good weekend. |
0:54.3 | Today, Tuesday. Um, we got back on Sunday. We spent the weekend down |
1:00.6 | the shore. My dad has a place in Brigantine, which is just on the other side of Atlantic City. |
1:06.0 | So we went down till he turned 8 this weekend. |
1:10.0 | So we have a 10-year-old, soon to be 11 year old, and an 8 year old. I don't know how the hell that happened. |
1:17.0 | But yeah, our youngest is 8 going into third grade. |
1:24.0 | So we spent the weekend down the shore. |
1:27.0 | It was pretty nasty here. |
1:29.0 | It was super hot. |
1:30.0 | We had storms roll through like at home. |
1:32.0 | Down the shore, It wasn't bad. |
1:34.8 | Saturday was a little bit overcast, but Sunday turned out to be a really nice day. |
1:39.7 | She had three or four friends come down. Selby brought a friend down. |
1:44.0 | They slept over on Saturday night, |
1:46.8 | and then the families came down on Sunday |
1:49.0 | and had a beach day. |
... |
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