How to Make an Extra $1,000 Per Month in Just 5 Hours Per Week With a Part Time Handyman Business

The handyman business works great as a part-time business. The overhead is low and it only takes a few hours per week to generate a profit as long as you charge enough for your services.

So in this article, I’m going to break down the numbers to show you exactly how much you would need to charge in order to make an extra one thousand big ones each month while only working 5 hours per week total.

This is totally doable by the way. And I think it’s an excellent way to dip your toes in the water before you dive all the way in and go full time as a pro handyman.

Plus, $1,000 extra each month is nice. You can buy all kinds of fun stuff and experiences with that much moola.

Let’s dive into the math and get a realistic view of how to do this.

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4 Ways To Grow Your Business WITHOUT Working More or Hiring Employees

Grow business in goldfish glasses

Do you feel like your handyman business income has hit a glass ceiling?

Maybe your schedule is already full, and you’re pretty sure your pricing is about as high as it can go.

If so, how do you increase your income? How do you generate more profit when you don’t want to raise your prices, work more hours, or work harder?

At first glance, it may seem difficult. Potentially not even worth the effort. A lot of pros assume the only way to grow from here is to hire employees, and most don’t want to do that.

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Don’t Make This Mistake When Pricing Your Services

Pricing Mistake Business

In this article I’m going to share the #1 biggest pricing mistake nearly all new service pros make.

So last week my brother mentioned he was thinking of starting a lawn care business.

Naturally, just like anybody who’s never started a business, he has certain beliefs and ideas on how to get one going. Some of them really good, and others will guarantee he loses money.

One thing he said in particular that really popped out to me was that the way he figured it, he could charge just a little less than the other lawn care companies, and as a result, get a flood customers to jumpstart his business.

Basically, he was going to use low prices as his primary marketing strategy.

Now, I love my brother. He’s a great guy and he’s one of the smarter people I know. But dammit, this is one of the dumbest ways to approach business!

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They Said I Was Too Expensive…Then They Hired Me Anyway

Thin wire bridge fading into fog

I was surprised when this customer questioned my pricing.

The I had been working for them for well over two years, and suddenly they were questioning my pricing?

Nothing had changed with me. I still charged the same rates.

Yet, there I sat, staring at my computer, reading an e-mail from a shocked customer who was upset about their bill.

“Was there a mistake with the invoice?” They asked. “What are these extra trip charges for?” and “Can you please call us to discuss this?”

Luckily, I’ve been doing this for a while, so it wasn’t a huge deal. I knew it was just a simple misunderstanding and as long as I didn’t get emotional about it, it would be O.K.

So, that’s what I did. I called them, explained myself, and worked it out. No big deal.

But, the story doesn’t end there.

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5 Quoting Secrets – How To Land More Jobs Without Dropping Your Prices

Golden contractors in a race to win the job.

Are you tired of customers disappearing after you give them a quote?

You’ve just spent your valuable time to provide a quote and you think you’ve quoted the right price, but they just don’t call you back.

Why?

Did the customer find somebody better, cheaper, or better looking?

It’s impossible to know for sure and there could be a thousand reasons WHY you didn’t land that job. Many of those reasons are outside of your control.

Maybe the customer is just a tire kicker. Maybe they just needed an estimate to submit to insurance. Or, maybe they don’t like you because you look like a guy who bullied them back in high school.

The truth is that you’ll never land every job you quote, but you can significantly increase your chances with the right strategy and mindset.

In this article, I’m going to share 5 simple and effective tips that you can use to start landing more jobs TODAY, and do it without dropping your prices.

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How I Lost $52,743 In My First Year As A Handyman

Lost Money in the Garbage

Some people say that what you don’t know can’t hurt you. I’ll go ahead and call BS on that one.

Often, it’s the things that you don’t know that can hurt you the most. At least I find this to be true when it comes to business.

I’ll explain.

When I first started my handyman business, I did a lot of things right. I spent gratuitous amounts of time making sure I looked professional and on marketing my services. I also made a strong effort to provide great customer service, do what I said I’d do, and always provide quality work.

This focus on marketing, quality, professionalism, and service is what led to my success as a handyman.

However, I also did a couple of things completely wrong.

For example, dropping a customer’s brand new 50″ TV on the ground and shattering the corner was a clear mistake.  Answering the phone and showing up to contractor board sting operation was another experience I’d like to take back.

Yet, neither of these two mistakes ended up costing me all that much money.  My biggest mistake ended up costing much, much more. Over $50K in my first year in fact.

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