Want to read a free book about contracting?
Since I originally posted this, there has been a lot of racquets to read my book. Thanks for your interest! For people who want to read it, I just put up a page where you can send me your email address. This will allow me to get the book to you. Here’s the link: Million Dollar Contracting
Update: 14 February 2023 - I have now put my edited book up for reading. If you have already submitted your email address, I have now sent you the access link.
I own a 30-person electrical contracting company in Los Angeles, in business since 1979. I'm semi-retired now, which means I maybe spend 5-10 hours per week on the business, mostly because I still enjoy interacting with my great employees. In 2020 I attained a goal I had set many years earlier - financial independence. I still get an income from my company of a few hundred thousand dollars each year, which is one of the reasons I doubt I'll ever sell the company. At this point, because of my great customers and excellent staff, it's a money-making machine, whether I work any particular day or not. So why would I want to sell it?
I’ve just finished writing a book that covers many aspects of starting, expanding, or salvaging a contracting business. Would anyone be interested in reading it? Before publishing it, I’ll be happy to make it available at no charge for my Electrician Talk friends. I could put it on the internet for free for a short period of time, hoping to get any constructive feedback you wish that could help me improve the final draft.
Here are chapters of the book:
Acknowledgements
Should You Read This Book?
Chapter 1. What Does a Successful Contractor Look Like?
Chapter 2. Setting Up Your Contracting Company Properly
Chapter 3. Marketing Your Contracting Company
Chapter 4. Promotion Rules and Tips
Chapter 5. Promotional Techniques - 46 ways to get new business
Chapter 6. Websites Designed to Make You Money
Chapter 7. Internet Marketing
Chapter 8. Sales
Chapter 9: Doing the Work
Chapter 10. Collecting Money from Slow-Paying Customers
Chapter 11. Collecting the Money from Slow-Paying Genera Contractors and Management Companies
Chapter 12. Collection Rules and Tips
Chapter 13. Making a Profit
Chapter 14. Admin Systems—Office Procedures and Paperwork
Chapter 15. Hiring Employees
Chapter 16. Managing Employees
Chapter 17. Starting and Expanding Your Business
Chapter 18. The Story of How John Built a Successful Contracting Business
Chapter 19. Tips for Success in Business
Chapter 20. Salvaging a Struggling Contracting Business
Chapter 21. End Game—Planning for Retirement
Chapter 22. Final Word
Glossary
Appendix A: Further Reading
Appendix B. Building Wealth, Part 1. Introduction
Appendix B. Building Wealth, Part 2. The 11-Step Wealth Building Program
Appendix B. Building Wealth, Part 3. Final Steps of the Wealth Building Program—Investing in Income-Generating Assets
If anyone is interested in reading it, please click here: Million Dollar Contracting
Since I originally posted this, there has been a lot of racquets to read my book. Thanks for your interest! For people who want to read it, I just put up a page where you can send me your email address. This will allow me to get the book to you. Here’s the link: Million Dollar Contracting
Update: 14 February 2023 - I have now put my edited book up for reading. If you have already submitted your email address, I have now sent you the access link.
I own a 30-person electrical contracting company in Los Angeles, in business since 1979. I'm semi-retired now, which means I maybe spend 5-10 hours per week on the business, mostly because I still enjoy interacting with my great employees. In 2020 I attained a goal I had set many years earlier - financial independence. I still get an income from my company of a few hundred thousand dollars each year, which is one of the reasons I doubt I'll ever sell the company. At this point, because of my great customers and excellent staff, it's a money-making machine, whether I work any particular day or not. So why would I want to sell it?
I’ve just finished writing a book that covers many aspects of starting, expanding, or salvaging a contracting business. Would anyone be interested in reading it? Before publishing it, I’ll be happy to make it available at no charge for my Electrician Talk friends. I could put it on the internet for free for a short period of time, hoping to get any constructive feedback you wish that could help me improve the final draft.
Here are chapters of the book:
Acknowledgements
Should You Read This Book?
Chapter 1. What Does a Successful Contractor Look Like?
Chapter 2. Setting Up Your Contracting Company Properly
Chapter 3. Marketing Your Contracting Company
Chapter 4. Promotion Rules and Tips
Chapter 5. Promotional Techniques - 46 ways to get new business
Chapter 6. Websites Designed to Make You Money
Chapter 7. Internet Marketing
Chapter 8. Sales
Chapter 9: Doing the Work
Chapter 10. Collecting Money from Slow-Paying Customers
Chapter 11. Collecting the Money from Slow-Paying Genera Contractors and Management Companies
Chapter 12. Collection Rules and Tips
Chapter 13. Making a Profit
Chapter 14. Admin Systems—Office Procedures and Paperwork
Chapter 15. Hiring Employees
Chapter 16. Managing Employees
Chapter 17. Starting and Expanding Your Business
Chapter 18. The Story of How John Built a Successful Contracting Business
Chapter 19. Tips for Success in Business
Chapter 20. Salvaging a Struggling Contracting Business
Chapter 21. End Game—Planning for Retirement
Chapter 22. Final Word
Glossary
Appendix A: Further Reading
Appendix B. Building Wealth, Part 1. Introduction
Appendix B. Building Wealth, Part 2. The 11-Step Wealth Building Program
Appendix B. Building Wealth, Part 3. Final Steps of the Wealth Building Program—Investing in Income-Generating Assets
If anyone is interested in reading it, please click here: Million Dollar Contracting