Wealthy Builder

Blog Category:

Business Transition & Growth

The Contractor’s Guide to Creating Multiple Revenue Streams with Minimal Risk

Want to know how successful contractors build real wealth? They don’t just trade time for money. Here’s how to add custom home buildings with land development and other revenue streams without taking on extra risk.   The Limited (Risky) Way that most contractors stay stuck with:  Trading hours for dollars Physical labor Single service focus Seasonal fluctuations The Smarter Strategy is to add on custom home building with land development : Full custom builds so have a bigger job compared to many smaller jobs Client-funded projects so you can get paid upfront and throughout the project Higher profits with land development where you don’t have to buy the land to make additional money Success Story: “I went from just drywall to building custom homes, plus roofing and siding. Each business feeds the others.” – JR Plante of Full House Companies and Plante Custom Homes in CT   Keep Your Core

Read more

Converting Remodeling Clients into Custom Home Projects: A Step-by-Step Guide

Are you tired of small remodeling jobs when you could be building custom homes and developing land? Many remodelers miss a golden opportunity: their existing clients could become their first custom home customers.   Why Most Remodelers Stay Stuck Common mistakes: Only seeing small projects Not showing bigger possibilities Lacking confidence to scale up Missing natural transitions   The Smart Path Forward:   Start with Trust You already have advantages: Proven track record Existing relationships Local reputation Known quality   Success Story: “My first custom home deal, I was upfront with the clients in that I had never built a custom home before.  However, I showed them my remodeling work and explained my reputation is on the line here.  I also explained I would put my heart and soul into their custom build.  They trusted my remodeling work and obviously building new is easier than remodeling.  You are just adding

Read more

From Contractor to Also Custom Home Builder: Adding Additional Revenue

Want to stop trading time for money and start building real wealth? Many successful contractors have discovered that custom home building offers bigger profits with less physical work.  Many of our Wealthy Builder members have added on custom homes as an additional revenue stream to their existing contractor business. The Contractor Trap Where Many Contractors Stay Struck:  Working long hours Hard physical labor Tight profit margins Constant project pressure Need to run many jobs to make any decent money Smart Custom Home Builders Focus on the Builder’s Advantage: Managing less projects Building relationships with key players such as realtors, subcontractors, etc. Create and lead systems Growing wealth Success Story: “I was a drywall contractor working very long hours and running many smaller jobs.  Now I build custom homes, and I make more money by adding on this revenue stream.” -JR Plante of Plante Custom Homes and Full House Drywall The

Read more

Search:

Blog Categories: