Starting a Successful Construction Company in 2024

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.

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
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💲 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:

🎯 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.

🏆 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.

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NEED ON-DEMAND ESTIMATING?

🏗️ Our Team Specializes in Estimating for General Contractors, Subcontractors, Developers, Architects, and Owners.

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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:

▶️ Watch Our Special Training: How To Sell Your First $1 Million in Construction in 12 Months

📧 Get FREE Construction Sales Secrets, Tips, and Strategies right to your email every week

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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.

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🎬 More of my Construction Business Videos:
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▶️ 15 Tips to Win More Construction Bids (in 2022)

▶️ How to Get More Construction Leads Fast! (Explained in Under 2 Mins)

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Other great videos on starting a construction company:

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[grantr]

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!

[floatingphil]

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…

[rahtaearudon]

I am from the Bahamas,
we have a school over here "btvi" it is a trade school to be more exact it is a technical and Vocational School the teach us almost everything....

I will be the first to admit that some of the things you speak about no they don't teach us, this is the more intimate part of it, AKA, nothing beats experience ....

Thanks for the video appreciate it much!

[BrDyAn]

I’m a civil engineering student that’s really passionate about the industry and I’d love to start a construction company but I have no idea where to start 😅

[aseluxedevelopgrp]

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

[sarahvice]

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!

[klarik]

Awesome insight for New Commercial Subcontractor! Appreciate it!

[charitywoode]

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

[jovanyamayanino]

That’s a good video and info. Thanks !

[yawgeneralcontractor]

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

[Anthony-zmof]

Your videos are awesome! Extremely beneficial information and insight

[aaronbeliveau]

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

[vmokziz]

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 ❤

[MrAzizisse]

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

[michaelbacile]

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

[AmirSohail-nlxh]

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

[andressalas]

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?

[romansalvador]

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

[AcePaintingandDecorating]

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

[bryantapa]

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