Starting a Successful Construction Company in 2024

Тәжірибелік нұсқаулар және стиль

90% of all construction companies fail, why is that? Most construction companies start off with an owner that has experience on the construction side, but not on the business side. To stick around in this industry, you need both.
Want to learn how to grow a construction business to $1 Million? Join our 8-Figure Contractor Sales Academy and copy my formula to start or grow your business.
Learn More at: 👉 iambuilders.com/8fc-training
Video Breakdown:
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Intro: (0:00)
Decide on a Specialty: (5:40)
Find Potential Projects: (9:37)
Start Estimating & Sending Bids: (12:21)
Set Up your Licenses and Insurance: (14:34)
Follow Up: (15:35)
RESOURCES TO GROW YOUR CONSTRUCTION BUSINESS
===============================================
💲 8-Figure Contractor Sales Academy™ (For New or Smaller Contractors that Want to Learn at Your Own Pace)
Learn how to Sell Your First or Next $1,000,000 in Commercial Construction Sales in 12 months:
Learn More: 👉 iambuilders.com/8fc-training
🎯 8-Figure Contractor Coaching™ (For Contractors who want to take their business to the next level and get expert guidance from me and my team)
Let us Coach You step-by-step (no guessing or worrying if you're doing it correctly). You get our Contractor Sales Academy including Advanced Sales Strategies, plus Weekly Coaching.
Learn More: 👉 iambuilders.com/8fc-coaching
🏆 8-Figure Contractor VIP + Estimating™ (Only For Serious Contractors)
Our Full-Service Estimating and Leads Management Service. We'll handle it all for you so you can focus on running your business and managing the field. You get Full-Access to My Entire Team Plus our Entire 8-Figure Contractor Platform.
Learn More: 👉 iambuilders.com/8fc-vip
============================================
NEED ON-DEMAND ESTIMATING?
🏗️ Our Team Specializes in Estimating for General Contractors, Subcontractors, Developers, Architects, and Owners.
Learn more: 👉iambuilders.com/construction-...
============================================
ADDITIONAL RESOURCES + TRAINING
🌎 Get a FREE Strategy Session with one of our Account Managers and we'll guide you on what you need to grow your business:
Schedule Your Call Here: 👉 iambuilders.com/strategy-session
▶️ Watch Our Special Training: How To Sell Your First $1 Million in Construction in 12 Months
Watch Now: 👉 iambuilders.com/video-training
📧 Get FREE Construction Sales Secrets, Tips, and Strategies right to your email every week
Sign Up Here 👉 iambuilders.com/construction-...
============================================
ABOUT DANIEL QUINDEMIL
Daniel is a Construction Expert and Consultant in the areas of construction sales, estimating, and project management. He has estimated and/or managed over $3 Billion in projects. In 2015, he founded I AM Builders, a construction estimating and sales company dedicated to helping contractors grow their businesses. Since then, I AM Builders has worked with over 3,000 clients nationwide.
If you like this video, please give it a thumbs up 👍 and if you want to hear more videos from our channel, SUBSCRIBE 🔥 and make sure to turn on the bell icon (🔔).
Want to see more content like this?
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💬 Leave a comment below to let us know what you think!
🔗 Share the video with anyone you think might help
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🎬 More of my Construction Business Videos:
===================================
▶️ 15 Tips to Win More Construction Bids (in 2022)
• 15 Tips to Win More Co...
▶️ How to Get More Construction Leads Fast! (Explained in Under 2 Mins)
• How to Get More Constr...
▶️ Take a look at our channel for more Construction company growth videos!
/ @iambuilders
▶️ This Video Link:
• Starting a Successful ...
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Other great videos on starting a construction company:
• How To Start a Contrac...
• Top 10 Tips to Running...
• Building a Multi-Milli...
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Пікірлер: 105

  • @grantr1556
    @grantr1556 Жыл бұрын

    I’m 21 and I’m in school full time. I would love to start a drywall contracting company with a couple of Brothers in the faith✝️. Your vids are full of great insight man!

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Congrats man!! The Lord brought you to the right place. We are a Christian based company. We have a training program for guys like you just starting out: iambuilders.com/8-figure-contractor-training

  • @mariot7403

    @mariot7403

    7 ай бұрын

    @iambuilders your company helps new subcontractors get jobs leads???

  • @saverdryver7163

    @saverdryver7163

    Ай бұрын

    Nahui idi

  • @Anthony-zm8of
    @Anthony-zm8of10 ай бұрын

    Your videos are awesome! Extremely beneficial information and insight

  • @jovanyamayanino5300
    @jovanyamayanino5300 Жыл бұрын

    That’s a good video and info. Thanks !

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Thanks Jovany! Glad you liked it. What kind of work do you do?

  • @aaronbeliveau1732
    @aaronbeliveau1732 Жыл бұрын

    Awesome video! Definitely shared a lot of good information. Thank You’

  • @iambuilders

    @iambuilders

    11 ай бұрын

    Glad it was helpful!

  • @michaelbacile8439
    @michaelbacile843910 ай бұрын

    Awesome man, like the content. I’ve got a 2 year old business that’s sort of plateaued in the last 6 months. Looking for an edge. My problem is I’m VERY specialized. So finding jobs on bidding type platforms doesn’t typically work out best for me. I started this biz on print advertising but like I said, it’s probably gone as far as I can take it in my area. I’ll be looking over your playlist, subscribed

  • @klarik288249
    @klarik288249 Жыл бұрын

    Awesome insight for New Commercial Subcontractor! Appreciate it!

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Thanks Erik! What kind of work do you do?

  • @aseluxedevelopgrp
    @aseluxedevelopgrpАй бұрын

    This was great! Thank you will re watch a couple more times

  • @iambuilders

    @iambuilders

    Ай бұрын

    Awesome I’m glad you liked it. Let me know if you ever want to jump on a call. We give free strategy calls for our viewers.

  • @ulissesaraujo7229
    @ulissesaraujo72299 ай бұрын

    Tks for advices

  • @jimmyobando938
    @jimmyobando938 Жыл бұрын

    Super awesome information Daniel

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Glad you think so!

  • @floatingphil
    @floatingphil5 ай бұрын

    Hey Daniel, I’m a fire sprinkler fitter contractor in Australia and even though I can’t utilise all your tips, there’s a lot I can. Very insightful and useful. Thanks heaps…

  • @iambuilders

    @iambuilders

    4 ай бұрын

    Thank you! What kind of advice do you think you won’t be able to use? I don’t really know the Australian market, but I imagine sales must be very similar to here.

  • @wawaipum
    @wawaipum23 күн бұрын

    Excellent video! Thank you for you!

  • @iambuilders

    @iambuilders

    8 күн бұрын

    My pleasure!

  • @florencekrelly6216
    @florencekrelly62163 ай бұрын

    Thanks for your advice

  • @iambuilders

    @iambuilders

    3 ай бұрын

    You’re welcome. Thanks for watching.

  • @cornettconstruction2432
    @cornettconstruction24324 ай бұрын

    Thanks Brother!!

  • @iambuilders

    @iambuilders

    4 ай бұрын

    Any time man!

  • @ranferisuazo3702
    @ranferisuazo3702Ай бұрын

    Thanks for the teaching.

  • @iambuilders

    @iambuilders

    8 күн бұрын

    Any time. Are you new to construction?

  • @edtech2349
    @edtech234911 ай бұрын

    Thank you, it helps a lot.

  • @iambuilders

    @iambuilders

    11 ай бұрын

    Glad it helped!

  • @linhao1482
    @linhao14825 ай бұрын

    You are awesome, thanks!

  • @iambuilders

    @iambuilders

    4 ай бұрын

    You're welcome!

  • @NickFleming_
    @NickFleming_ Жыл бұрын

    Great Info!

  • @iambuilders

    @iambuilders

    11 ай бұрын

    Glad it was helpful!

  • @charitywoode5056
    @charitywoode5056 Жыл бұрын

    thanks for your insights, so I will start with these few ideas and will need your assistance when needed.... Thanks

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Thanks Charity. Looking forward to working with you.

  • @OgochukwuNnamani-sd8mm

    @OgochukwuNnamani-sd8mm

    11 күн бұрын

    Ok

  • @user-mv5is7gc9w
    @user-mv5is7gc9w5 ай бұрын

    Thanks.

  • @andressalas595
    @andressalas5956 ай бұрын

    Thanks A lot this is great video and very informative. Are you still offering estimating services? And would you have any recommendations for how to finance commercial projects?

  • @iambuilders

    @iambuilders

    2 ай бұрын

    Hey Andres. Yes we do. If you need help financing your projects, I can help you there too.

  • @AcePaintingandDecorating
    @AcePaintingandDecorating Жыл бұрын

    I watch your videos all the time and thumbs up. I would like to know that if you can demonstrate using blue book

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Yes I could. How about this, set up a call with me for January and I’ll do a screen share with you and show you one-on-one. Here’s a link to my calendar: www.iambuilders.com/call

  • @jeffersonramon6322
    @jeffersonramon6322 Жыл бұрын

    Hi bro this is really helpful for me Man , I just recently open my construction framing company here in queens ny and I’m a little worried how ima get jobs , will u please give me a an advice if should pay websites or just me going to job sites and do whatever it takes . Thank you for making this videos . 😊

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Hey Jefferson! NY is a tough market! You gotta make sure you get the proper training ti not get burned. Here is a link to my monthly training program. You get a 30 day Free trial. www.iambuilders.com/8-figure-contractor-training

  • @yawgeneralcontractor777
    @yawgeneralcontractor7779 ай бұрын

    U are talking my life 😂😂😂😂just so i start off ❤❤❤❤❤

  • @romansalvador6286
    @romansalvador6286 Жыл бұрын

    What do you know about distributed antenna systems (DAS)? Which focuses on emergency responder communication systems.

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Roman, not really I’ve actually never heard of that. I have worked on antennae and communications equipment installations but not that specifically. Tell me more.

  • @sarahvice6326
    @sarahvice6326Ай бұрын

    So thankful God revealed your page to me today. My husband has worked in a family owned, general contractor, construction company for 30 years. He is the boots on the ground guy per say. Foreman ,equipment operator the best in our area I might add 😉 labor hand even job creator or P.R.guy the people person. All this to say he’s not a computer or office person but I am and I’m trying to learn how to do that side of the job as quickly as possible.We have been given the opportunity and support from his boss/dad to go after work just with his backing and paid off equipment just have to pay back a percentage of profits to him. All this to say your videos help me tremendously on how to support my husband and direct us correctly. Thank you!

  • @iambuilders

    @iambuilders

    23 күн бұрын

    Hey Sarah. Congratulations. And thank you so much for the compliments! I’m available if you want to get on a call and we can discuss your business.

  • @user-vm4ok3zi3z
    @user-vm4ok3zi3z5 ай бұрын

    17:45 Hi am very much inspired am in Zambia I want to open in building construction here am a bricklayer but I want to be clear on estimate and bids ❤

  • @davidoneil2444
    @davidoneil24446 ай бұрын

    Hi subscribing to some bidding software websites to start my first bids. Do any of these lead websites include Canada? And does your company do estimates in Canada? Thank you for the video

  • @ip3323
    @ip33239 ай бұрын

    God Blessed you

  • @bryantapa1069
    @bryantapa1069 Жыл бұрын

    Hey I'm 23 years and I started my construction company recently but everything seem not to be making sense. Do you've any advice you assist me with I'm from Zimbabwe

  • @mauricehall8147
    @mauricehall814711 ай бұрын

    (Question) The big binders to your left arm what are they ane where to purchase them? "Building, Residential etc...

  • @iambuilders

    @iambuilders

    11 ай бұрын

    Hi Maurice. That’s the Florida Building Code. Every state has their own codes.

  • @mauricehall8147

    @mauricehall8147

    11 ай бұрын

    Thanks! I've seen it in the office of a roofing company.

  • @isaiassanchez2098
    @isaiassanchez2098Ай бұрын

    Hey great videos lots of knowledge. I’m in the process of getting my licenses in Southern California. As new company just my self starting what is your recommendation as far LLCs or corporation thanks 🙏

  • @iambuilders

    @iambuilders

    Ай бұрын

    Hey Isaias. That’s a question for a business attorney or CPA. Are you in our 8-Figure Contractor program?

  • @Zealot-xz5sf

    @Zealot-xz5sf

    23 күн бұрын

    Hi Isais, would you like to use Zoho project manage your construction project?

  • @bobbyshields7682
    @bobbyshields7682 Жыл бұрын

    Do you know of any good lead generation sources for Residential GC's looking to start in the residential market? Usually the residential stuff is looking for a specific sub (ex: painter, or flooring sub) instead of an actual GC. I don't mind starting small, but I am hoping to find a source for leads of at least remodels or additions, garage/shed builds. Things like that while I build by Brand, company, and portfolio. Great content on your channel and thanks for any advice.

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Hi Bobby. So the best method for residential is going to be using a digital marketing agency to get leads from Google. The second best is Home Advisor. The only thing I would advise with Home Advisor is pick only the high income zip codes. Go to Zillow.com and find the zip codes that have the highest home values and call Home advisor and tell them you only want those zip codes. Otherwise you’ll get low value leads. Getting your own leads on Google is going to be the best because you don’t have to share the leads with other contractors. The thing is most contractors don’t know how to do this. If you call me at my office I could recommend you a digital marketing agency that we’ve worked with before that can help you. 305-433-6432. -Daniel

  • @AmirSohail-nl8xh
    @AmirSohail-nl8xh Жыл бұрын

    Hi bro I saw ur complete video it’s really helpful for me Actually we are gulf base construction company We are planning to open a branch in Uk soon Once we open a branch there definitely we need ur support to get a jobs from the market as well from ur company too

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Great. We don’t operate in the UK though. But I can help you any way I can.

  • @mosesquaqua6505

    @mosesquaqua6505

    Жыл бұрын

    I'm 26 I want to start a general construction company

  • @robertgobbi9019
    @robertgobbi9019 Жыл бұрын

    Hello I am located in Kitchener Ontario Canada. I am looking for assistance in growing my small GC locally We specialize in home renos I need to "find" those projects that I can bid on Your content has been very helpful

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Hi Robert. That’s great we can help you. I’ve never worked in Canada on the construction site but we have done estimates for some of our clients and converted the numbers into Canadian dollars. On the residential side, your very best source of Leads is going to be creating your own Google ads campaign. We’ve been considering adding this as a service and we might be able to help you. Can you send me a quick email with your contact info so we can schedule a time to talk about your company? On the residential side, we can really explode the number of leads coming in. Online marketing is the future and now. Here is my email: daniel@iambuilders.com

  • @MrAzizisse
    @MrAzizisse Жыл бұрын

    so you do estimating for contruction companies, and then you know the low bidder because you filed the estimates for them. and then you deal with your favourite companies below the table and give them the lowest bidder (lowest bid which you estimated for them) basically selling the confidentiality Data to your preferred builder which sat before you in the table and spent one hour of their valuable time to chat and look you in the eye and built relationship with you, so they win the bid with the inside information you gave them, and the other guy which you still charged them for your estimating service lost the bid because you: for one you gave them the high bid which you know is not favored by clients two, they lost because you gave away their secret bid price so they are beaten.. the whole idea of bidding is that every person, will without any knowledge of their competitors bid price, must at their best provide their price at which they will do the project to their best quality and at the lowest price creating competitive environment that is fair because no one knows the other persons price. the only given information is the Details of the project which must be completed and its requirements of execution. HOW IS IT EVEN LEGAL WHAT YOU ARE DOING ? corruption at its best

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Aziz 😂😂 quite a story. Where did you get all of this? It’s simple - our contractors are busy people and don’t have time to estimate to keep growing their companies or they don’t know how to. We do the estimates so they can focus on running their jobs and being owner-operators of their business. No inside information here.… you might want to consider a career in script writing for the movies. Anyway, if you need help growing a construction business rather than complaining about what other are doing, please let me know and we’re here to help. -Daniel

  • @ayeing7060
    @ayeing70602 ай бұрын

    I run a construction company .But I have no organization chart.plz help me to make it and give advise a bout construction

  • @iambuilders

    @iambuilders

    2 ай бұрын

    Of course I can help. What do you need help in specifically? That way I can point you in the right direction.

  • @cristophergarcia4889
    @cristophergarcia48892 ай бұрын

    Can a Certified General Contractor also hold/be a Builder Contractor License in the same state (Florida) at the same time?

  • @iambuilders

    @iambuilders

    Ай бұрын

    What do you mean? In Florida there is a CGC and a CBC license. They are both general contractors. However, the CGC means you can build unlimited, and the CBC means you’re limited to three stories.

  • @cristophergarcia4889

    @cristophergarcia4889

    Ай бұрын

    @@iambuilders Hi, No, what I am referring to is: I am already a Certified General Contractor in the state of Florida but Im now want to also take the exams to be a Builder Contractor in Florida. Can I have both licenses at the same time? First, GC one and then the BC one and have both valid licenses at the same time???

  • @manulucky8701
    @manulucky8701 Жыл бұрын

    Hii.. My goal is starting a construction company now.. Any advices please bcoz for no one to guide but i have a strength and ability to start just i need good advice..

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Hey Manu. Of course - Our training program is designed for guys like you that are just starting your own company: iambuilders.com/8-figure-contractor-training

  • @isaiassanchez2098
    @isaiassanchez2098Ай бұрын

    No I am not going what’s it about

  • @naviddd007
    @naviddd0078 ай бұрын

    i need to talk to u, how?

  • @TaimoorAnjum-yy2zp
    @TaimoorAnjum-yy2zp2 ай бұрын

    I want to start a construction estimating business. Can you help me with that?

  • @iambuilders

    @iambuilders

    2 ай бұрын

    Hi Taimoor. As much as I would love to, we provide estimating services for our clients so it would be a conflict of interest. I am happy to help you with other areas of construction.

  • @TaimoorAnjum-yy2zp

    @TaimoorAnjum-yy2zp

    2 ай бұрын

    @@iambuilders what about structural design? Can you help me with that.

  • @YPSupplyInc
    @YPSupplyInc11 ай бұрын

    I am an electrician in New York, I opened a company to do sub contracting in electrical. Let me know if you are interested in working with me.

  • @fumuyaatumbuka3163
    @fumuyaatumbuka31633 ай бұрын

    Am a builder by profession but I work for another company. I want to run my own construction company. What more entrepreneurship skills for construction do I need?

  • @iambuilders

    @iambuilders

    2 ай бұрын

    The biggest thing is, you have to learn how to find leads, estimate the jobs, negotiate, and finally you get the contract. Then you can actually perform the work, which you already know how to do. A lot of guys don’t realize that to start your own company you need to learn a whole new set of skills, we can have our 8-Figure Contractor Academy that teaches you and your team everything you need to grow a construction business, including professional construction management and sales. Let me know if you are interested.

  • @NlambeMakija-rz2tj
    @NlambeMakija-rz2tj Жыл бұрын

    I want to be come a contractor after SHS can I

  • @iambuilders

    @iambuilders

    Жыл бұрын

    What do you mean by SHS?

  • @generalizzzimo
    @generalizzzimoКүн бұрын

    I'm based and operate in Jamaica 🇯🇲, is your course still of use to me?

  • @iambuilders

    @iambuilders

    Күн бұрын

    Hello. Our course is designed for all types of construction in any country. I specialize in B2B so your typical clients will not be homeowners but architects, developers, general contractors, etc. This should work for you and your country as well. The good thing is there’s a 14 day trial right now so you can start watching the videos and see if it’s a good fit for you.

  • @generalizzzimo

    @generalizzzimo

    Күн бұрын

    @iambuilders appreciate it, I'm a Drywall Subcontractor that's working on getting my own contracts with my own firm and grow as much as I can overtime.

  • @genarogarcia8228
    @genarogarcia8228 Жыл бұрын

    Who can help me find a good app to estimate my jobs ?

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Hello. We can help you estimate your projects. Go to my website and enter your info: www.iambuilders.com

  • @corona7st788
    @corona7st7884 ай бұрын

    Most people want license and bonded before they even talk to you.... so finding a job without is going to be hard unless you know the person

  • @iambuilders

    @iambuilders

    4 ай бұрын

    Not necessarily. That’s only if you’re going for government jobs. We do leads and prospecting for some of our clients and it’s actually very rare for someone to ask for bonding unless it’s a huge job or a public works job.

  • @corona7st788

    @corona7st788

    4 ай бұрын

    @@iambuilders hasn't been my experience

  • @Killuminati_144
    @Killuminati_1443 ай бұрын

    Texas doesn’t require license?

  • @iambuilders

    @iambuilders

    3 ай бұрын

    I’ve been told by clients that it’s kinda like the Wild Wild West out there lol. I believe all you need is to the paperwork and licensing fees. I’ve also heard you don’t need one so…. Not 100% sure.

  • @yolandamorales5404
    @yolandamorales5404 Жыл бұрын

    How much you charge t

  • @iambuilders

    @iambuilders

    Жыл бұрын

    Hi Yolanda. Do you want to set up a quick call? I do these 15 minute strategy calls where you tell me about your business and I give you actual tips to help you. We might also be able to help you with our On-Demand Estimates and Training Program. Here’s a link: www.iambuilders.com/call

  • @loyderron5905
    @loyderron59054 ай бұрын

    Sir can u be my consultant?

  • @iambuilders

    @iambuilders

    4 ай бұрын

    Yes. Set up a call with us to see how we can help: iambuilders.com/call

  • @ThaiTran-su3vu
    @ThaiTran-su3vu11 ай бұрын

    What is the best way to call or contact you for business?

  • @iambuilders

    @iambuilders

    11 ай бұрын

    Hi Thai. Call me at my office or email me any time: 305-433-6444 or daniel@iambuilders.com. What did you have in mind?

  • @aniceto123rangel3
    @aniceto123rangel36 ай бұрын

    Relationship whit Ingineer or arquitect

  • @aniceto123rangel3
    @aniceto123rangel36 ай бұрын

    Does lead companies charge a lot for nothing

  • @iambuilders

    @iambuilders

    6 ай бұрын

    If you use Bluebook or Dodge, these are for commercial. You might be thinking of Angi, Yelp, and Homeadvisor. Those aren’t the best. The commercial platforms give you plans and all the contact info for you to prospect and find clients.

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