Starting a Handyman Business is NOT Risky - Here's Why

In this video I talk about why starting a handyman business is actually less risky than working a day job.

Most businesses carry a lot of risk with them in the form of large startup costs, overhead, and a low likelihood of success. You've probably heard the saying that 9 out of 10 businesses fail in the first 5 years. Well, that doesn't really apply to the handyman business.

That's because when it comes to the handyman business, you can actually expect to succeed. Since the business is so hard to scale and for one company to dominate the industry, the financial rewards are much more evenly distributed between professional handymen. Even if there are already 100 competitors in your city, there is still likely enough work for you.

Since most service providers actually suck and aren't motivated to give great service, it's easy for a motivated person to rise to the top.

[aehamilton]

I started working as a handyman calling at my side business. at first it was just a few hundred dollars a month but it quickly morphed into enough income to replace my day job.
I love working for myself, helping people, in making a lot more money. The biggest part of being a handyman and growing your business is the referral customers you will get. Some of my clients have referred me to a half a dozen other people. That alone makes you feel that you're doing something right.
No matter where you live in this country there is not a house that doesn't have a door that squeaks or a toilet that you have to jiggle the handle. In other words no matter where you go there will be a job waiting for you as a handyman.

[yardmasterswealtheducation]

I was a handyman. Now I provide yardwork service. The advantage is recurring income. I can do a bathroom remodel and make a great payday, but, no regular, predictable income. I do a yard clean up ( I call them Overhauls ) for a nice pay check, and get paid to maintain it every month for the rest of their life!

[petethehandyman]

Good advice, go for it ! Takes a while to get established and get the word out, but if you do good work and are reliable you will succeed

[DakotaBurgener]

Could you do a video of the tools you use daily?

[alexcruz]

Thanks for the advices. I honestly enjoy the info you provide. I work as a 3rd shift Maintenance Engineer and during the day I run my side renovation business. And your videos have help me a lot. However, I want to quit my job and start full time in my business so I need your help please.

[handymanjourney]

Good video! There is so much opportunity in this business for sure!

[cheyennealvis]

Please also do Lyft and Uber. Use that business FOR your business. Cuz everyone who gets in is a client. Tell them that you're a handyman or that u cut hair on the side. If you bake, carry some goodies as samples. Help guys like this dude promote his site cuz it's good karma since he's doing what he does to help all of you.

[briantompkins]

I like your video's. How about one on your marketing. How you use social media, door hangers etc.

[martymeyer]

Great advice and you backed it up with information.

[Cardinalfloors]

What's the best way to get and prospect jobs? Starting out

[sheldonharvey]

Thank you for the video. What are the best practices?

[joeyalfaro]

Pick trade in construction any trade work it for 2 years under jorny man or less. I recommend HVAC. As I am HVAC master it's breeze to learn. Even if like me I couldn't tell you how ac unit gets cold I can run duct in any application. I know how air flows and how measure it. The rest is doing piece work makes you happy. I live painting walls, changing toilets, roof repair. Things I hate electrical.

[monicap]

Hi thanks I’m learning many things my big question is if I’m going to offer handyman services di I need sny work licensing or business licenses if I’m starting or trying if handyman is good for me di I still need any licensing

[modeljr]

I got an issue though. I do HVAC in a town 25 miles from where I live. I don't know how I could do too much side work without getting in trouble. i.e. being competition etc... People talk in east Texas and I don't wanna burn bridges

[chriss]

Where did you advertise your handyman service?

[SharifSourour]

Handyman is a good one for sure, but most services businesses kind of suck to be honest and I would rather take the risk for a product/brand business.

[ujdo]

What insurance company do you use in case you make a mistake?

[TeeyoDoubleDee]

I just sat here and calculated the potential of lawn care - a simple business. You would have to work 70-plus hours a week to make a good living.

[superplan]

I might suck


Old homes will scare the crap out of me!

[Armchairscholor]

My biggest question is: How do I advertise?!