He Built a No-Employee Business on Track for $1 Million in 2 Years - Find Out How
Briefly

He Built a No-Employee Business on Track for $1 Million in 2 Years - Find Out How
"Chris Koerner from "The Koerner Office Podcast" recently interviewed Jeff, a concrete leveling service provider, who is on pace to gross more than $1 million in revenue within two years of starting his business. Jeff doesn't have any employees, and subcontracts all of the work while maintaining his W-2. His margins range from 20% to 40% per job, and he currently earns 5-figures in monthly cash flow after three months of starting the company."
"According to Jeff, he subcontracts the work because it saves time and allows him to focus on prospecting. He also doesn't have to pay the upfront costs of getting into the concrete leveling business since his subcontractors have their own equipment, materials and insurance. Having other people perform the services can reduce overhead and make it easier to serve more clients."
Jeff built a concrete leveling business that is on pace to gross over $1 million within two years while keeping a W-2 and no employees. He subcontracts all fieldwork to avoid upfront equipment, material, and insurance costs and to concentrate on prospecting. Job margins run 20%–40%, producing five-figure monthly cash flow within three months. Subcontracting reduces overhead and enables scaling by matching prospectors with skilled service providers. Subcontractors accept the arrangement for steady work, allowing service volume to increase without hiring employees and while maintaining family and traditional job commitments.
Read at GOBankingRates
Unable to calculate read time
[
|
]