When to Hire Your First Employee for Your Contracting Business

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When should your hire your first employee for your contracting business? There are many factors to consider when answering this question. Here are a few of Tom's thoughts.

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Tom Reber is an entrepreneur, business coach, podcaster, leader of The Contractor Fight, creator of Contractor Fight TV and HGTV host. Tom's content has helped hundreds of thousands of home improvement contractors improve their lives and businesses.

The Contractor Fight is the ultimate resource for becoming an uncommon contractor!
Pick a fight with mediocrity. Live Unafraid.

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I'm 2 minutes in and you're saying things i learned the hard way over the past year. This is the first video I've seen.

TheYouTubeMechanic
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DAMN, I'M EXACTLY 26 & NEEDED THIS VIDEO!!!!

backwoodsp.n.w
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Holy crap I'm literally thinking about hiring someone. Getting completely worn out trying to do everything myself. Plus one person can only get so much work done in a day, week, month ect. That means only so much money.✌

MattyWill
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happy birthday homie. great videos, appreciate you.

gavinthagreat
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You should teach this in highschool lectures.

drw
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I'm 27 been working on a plan to make a company of my own now for a few weeks. So far been an amazing experience but I'm honestly nervous and skiddish but fired up ready to just sprint out of the gate on this. I wanna also make sure I'm not just gonna trip straight out the gate.

charlessmith
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thanks for the straight forward and useful information

dustinbodie
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3 years in business. Im usually booked 1-2 weeks in advance, sometimes 3 weeks. I was preparing to pull the trigger and hire a guy, but then the Covid19 crap hit and I was plagued with cancellations left and right. Now there's no work because people have been laid off, and people are freaked out about getting sick. Crazy times!

ffhomeimprovement
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Great video, it's always a coin flip whether someone will work out or not.

LandbergTileTV
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Im 26, recently started a construction company in Canada, Nova Scotia. Been watching your videos in my spare time which is few and far between.. starting out i can't justify hiring someone even though its coming to the off season and im booked up for 2 months, still getting leads

trueline.construction
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Not in contractor business but this video is still very helpful to me. “Don’t be a chicken shit”! 🤣😂😆

noodleflixTV
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I have 6 employees one is an issue others are pretty good

dwj
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Bro I'm 26! And I am getting older! How did you know?

TheYouTubeMechanic
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Hey i dont know if i should hire workers first, so that i am ready to mobilize them when i get a project. Or like get a project then tell the client that like i need a week. Then ill get to hire? What do you think?

cjleongson
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Have you ever had a successful construction company other than the painting company you tried out? Just curious

ExpatTraderFX
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Would it make sense to hire 1 part-time employee when first starting out? My husband and I are about to launch our exterior and construction cleaning business at the end of September. He still works full-time as an EP and I'm the only one who will be working on the business. My background is sales and business administration. I would need an employee to handle the actual work. If I can budget the employee into the job cost, would that be a smart move?

moniquecastro
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I am a HVAC contractor operating a one man show but I would love to hire A good technician, the only issue with the first employee is now I will have to have to carry workmans comp and figure out health insurance. I'm just worried paying for workmans comp and health insurance for just one employee might not way out the benefits. Thoughts?

justincanterbury