Biz question

[Zaino]

I'm not sure what drug you are own, but you completely misunderstood everything. You read roofing and marketing and made up shit. :stonedsmilie:

When you mentioned

So, I found a hole in the market in Roofing of all things. I've got a great mentor who owns a large roofing company. I want to build the company into a B-corporation (give back ~25%). Using conservative numbers, I can net ~ 125k 1st year, 220k 2nd year, and 340k 3rd year.


Both businesses are equally as difficult and have their own risks. What makes me nervous is I've hurt my back pretty bad which makes the roofing business kind of difficult because the first 2 years I would be getting up on roofs, monitoring, measuring, etc..

You were pretty vauge, but from what I can tell you have no roofing experience, you have no intention of really learning how to roof. I was not sure if you were going to be in sales or marketing because you sure as shit dont sound like a roofer.

Thats a good thing.

So I ask if you are running the company in a specific location, or if you are getting your own crew, or I have no idea.

I personally know 20 roofers at least and none of them climb up on roofs to monitor.

Their guys would say nail down shingles or gtfo.

Before I can give you further advice I would need to know your role in this business.

Or not, shrug

I also have further questions about the B corp (bitcoin corp?), but that is really not going to effect if you should be buying, building, running, promoting a roofing company.

 

[Zaino]

You're talking about being self employed, not owning/running a business.

Larry Flynt owns the business, Hustler Magazine - or something like that. If his shriveled up penis ever appeared in an issue, that would be the end of his business.

In most states a roofing license is pretty hard to get if your not a roofer which meets a minimum requirement, a licensed residential builder, engineer, architect, or some other level 1 or 2 shit general contractor.

You do not simply letter your truck and become a roofer.

 

[r3p1v]

the roof looks like a dog

 

[User9364]

You're talking about being self employed, not owning/running a business.

Larry Flynt owns the business, Hustler Magazine - or something like that. If his shriveled up penis ever appeared in an issue, that would be the end of his business.

Larry Flynt on a webcam somewhere, jacking his little thing off for people, would be self employment.

In most states a roofing license is pretty hard to get if your not a roofer which meets a minimum requirement, a licensed residential builder, engineer, architect, or some other level 1 or 2 shit general contractor.

You do not simply letter your truck and become a roofer.

My point flew right over your head, didn't it? I'll see if you can work it out without someone typing it.

 

[Coolof]

If you come here and ask this question, than don't do it, you not ready for it/it's not for you.

 

[Zaino]

My point flew right over your head, didn't it? I'll see if you can work it out without someone typing it.

I know what your point was, my point is you cant get to owning and operating a roofing business without meeting certain criteria most likely.

but continue giving roofing advice since you know so much about it.

 

[(O_o)]

You will fail because all you do is ask

 

[gbmack]

You will fail because fuck you

 

[Cshark]

Go with roofing. And build another business around it. I'm sure you're good at something. When shit hits fan( when you get laid off, eventually) you can continue with your other business, without requiring to post another thread here, soliciting ideas. Got it?

 

[blureach]

Fuck you for not acknowledging my 2c, dick.

 

[infoslob]

Using conservative numbers, I can net ~ 125k 1st year, 220k 2nd year, and 340k 3rd year.

I like those numbers, Crunk. There are overwhelmingly effective drugs you can take for your back pain which can negate that issue right off the bat. (caution: these drugs cannot be considered a substitute for the medical marijuana you've been prescribed to treat your glaucoma).

As business pressures build you'll need to recreate with gusto on weekends. Far be it from me to put ideas in your head but psychedelic mushrooms are a wonderful means to separate yourself from your work when the window of opportunity presents itself.

And this "molly" stuff is big now - and you can definitely afford it (what's money for if you ain't gonna spend it, right?) - indulging in that scene on Fri/Sat nights will do wonders for your sex life.

Being the boss of your operation, you should probably keep up appearances by leaving a proper 1 day buffer between your workweek and your weekend.

The roofing crew will understand their place by having to work on Mondays & Fridays; meanwhile you'll have Fridays (and, of course, Thursday afternoons are your prerogative) to ramp up for the weekend and Mondays to decompress.

Now the mind is right to grind right.

Need a partner?

 

[potentialeight]

I'm of the opinion that knowing your state would be extremely helpful as far as giving advice goes.

 

[robbie222]

Forget the roofing business. Between the crackheads/drunks/junkie employees to the workman's comp, shitty economy, illegal mexicans under cutting you, you're better off going with the marketing agency.

 

[JohnCJackson]

I think there's a lot of information missing between knowing a guy with a large roofing company, climbing on roofs, and profiting 125/220/340K.

Fill in the gaps.

I don't know anything about the roofing business. So I wouldn't get into it. There seems to be a healthy market in my area, though. Every time it rains, I have multiple guys drive up to my house with ladders and tell me they can get my insurance company to give me a "free roof."

 

[mituozo]

Forget the roofing business. Between the crackheads/drunks/junkie employees to the workman's comp, shitty economy, illegal mexicans under cutting you, you're better off going with the marketing agency.

Forget the marketing agency. Between the crackheads/drunks/junkies from Wickedfire you'll get to build links, shitty economy, indians under cutting you, you're better off going with the roofing company.

 

[galacon]

This fuckhead is so confused it makes my head hurt reading his retarded shit.

You say the guy is already an owner of a "Large Roofing Company", but you, wonder-boy, are going to come in and magically grow him to...What?

At what level of sales do you become worth anywhere NEAR the money you are talking? Do you realize the margins in roofing if you're paying everything you SHOULD be? Taxes? Work Comp, which is fucking astronomical in the roofing biz?

You're lucky to gross 20% combined OH&P in ANY branch of construction, let alone roofing. 15% is closer to the mark, of which 5% is profit. Let's do some elementary business maths, hmmmm?

So you're gonna scrape off 125K year one, eh? And you're gonna be part of the overhead from what I can tell...Monitoring...Measuring... Kind of a project manager/estimator/superintendant kinda all-around Man Friday, right?

And you can expect OH to be running around 10-12% of revs, so that means you are gonna need to sell an ADDITIONAL Million in work MINIMUM to absorb your paycheck. Got any idea how many fucking roofing jobs that is? I don't think you do. In fact, I don't think you have a clue in your little fucking head, except how to pollute the interwebz.

As a commercial GC and EC for over 30 years now, all I can say is Good Luck, Motherfucker.