hi I’m Evan Carmichael welcome to another edition of ask Evan in today’s
another edition of ask Evan in today’s
another edition of ask Evan in today’s video I’m going to answer questions from
video I’m going to answer questions from
video I’m going to answer questions from what am i readers Franklin who was asked
what am i readers Franklin who was asked
what am i readers Franklin who was asked about how to get started in the
about how to get started in the
about how to get started in the construction business so your writing
construction business so your writing
construction business so your writing thank you for your amazing tips I’m a 23
thank you for your amazing tips I’m a 23
thank you for your amazing tips I’m a 23 year old student just finished my degree
year old student just finished my degree
year old student just finished my degree thinking of starting a construction
thinking of starting a construction
thinking of starting a construction company the problem is they don’t have
company the problem is they don’t have
company the problem is they don’t have enough capital please advise Franklin so
enough capital please advise Franklin so
enough capital please advise Franklin so Franklin a couple ideas here for you the
Franklin a couple ideas here for you the
Franklin a couple ideas here for you the first if you’re trying to get capital
first if you’re trying to get capital
first if you’re trying to get capital the most logical ways to go find an
the most logical ways to go find an
the most logical ways to go find an investor who has the money partner up
investor who has the money partner up
investor who has the money partner up with your expertise and you start the
with your expertise and you start the
with your expertise and you start the business the challenge is if you’re only
business the challenge is if you’re only
business the challenge is if you’re only 23 and you just graduated and you don’t
23 and you just graduated and you don’t
23 and you just graduated and you don’t have a lot of experience in the
have a lot of experience in the
have a lot of experience in the construction field it’ll be hard to
construction field it’ll be hard to
construction field it’ll be hard to convince an investor to want to put
convince an investor to want to put
convince an investor to want to put money with you so my suggestion would be
money with you so my suggestion would be
money with you so my suggestion would be start by working for somebody else so
start by working for somebody else so
start by working for somebody else so look at the construction business find
look at the construction business find
look at the construction business find somebody who you respect you want a
somebody who you respect you want a
somebody who you respect you want a model we want to learn from work for
model we want to learn from work for
model we want to learn from work for them you’re earning money coming into
them you’re earning money coming into
them you’re earning money coming into you but you also learn the business so
you but you also learn the business so
you but you also learn the business so you’re making mistakes in the business
you’re making mistakes in the business
you’re making mistakes in the business while still getting paid from somebody
while still getting paid from somebody
while still getting paid from somebody else you start making some connections
else you start making some connections
else you start making some connections in the industry and you learn about what
in the industry and you learn about what
in the industry and you learn about what it is that you really want to do and
it is that you really want to do and
it is that you really want to do and what you’re good at so it’s best to do
what you’re good at so it’s best to do
what you’re good at so it’s best to do that when you’re learning on somebody
that when you’re learning on somebody
that when you’re learning on somebody else’s dollar than spending your own
else’s dollar than spending your own
else’s dollar than spending your own dollars once you kind of have a feel for
dollars once you kind of have a feel for
dollars once you kind of have a feel for things the next thing we’ll do is try to
things the next thing we’ll do is try to
things the next thing we’ll do is try to serve a service based business so maybe
serve a service based business so maybe
serve a service based business so maybe you can consult to the construction
you can consult to the construction
you can consult to the construction industry it was other services you can
industry it was other services you can
industry it was other services you can provide that don’t require a lot of
provide that don’t require a lot of
provide that don’t require a lot of capital because it’s just your time so
capital because it’s just your time so
capital because it’s just your time so you’re you’re sweating it out you’re
you’re you’re sweating it out you’re
you’re you’re sweating it out you’re constantly hustling you’re making a lot
constantly hustling you’re making a lot
constantly hustling you’re making a lot of sales but you don’t listen need a lot
of sales but you don’t listen need a lot
of sales but you don’t listen need a lot of capital to start this type of
of capital to start this type of
of capital to start this type of business once you’ve built up some
business once you’ve built up some
business once you’ve built up some credibility to have experience I would
credibility to have experience I would
credibility to have experience I would start talking to the banks and as soon
start talking to the banks and as soon
start talking to the banks and as soon as possible start building a good
as possible start building a good
as possible start building a good relationship with them because they will
relationship with them because they will
relationship with them because they will be a good friend to you hopefully as you
be a good friend to you hopefully as you
be a good friend to you hopefully as you try to build this construction business
try to build this construction business
try to build this construction business asset based businesses often have to
asset based businesses often have to
asset based businesses often have to work with the banks to get financing the
work with the banks to get financing the
work with the banks to get financing the proof so as soon as you can
proof so as soon as you can
proof so as soon as you can try to start building a good
try to start building a good
try to start building a good relationship with the bank so they know
relationship with the bank so they know
relationship with the bank so they know you they know you pay on time they think
you they know you pay on time they think
you they know you pay on time they think you’re a good business person you don’t
you’re a good business person you don’t
you’re a good business person you don’t want to wait till you know you’re about
want to wait till you know you’re about
want to wait till you know you’re about to launch and you don’t know anybody
to launch and you don’t know anybody
to launch and you don’t know anybody there who can kind of help you out so I
there who can kind of help you out so I
there who can kind of help you out so I build up that credibility recognition
build up that credibility recognition
build up that credibility recognition you started your own kind of service
you started your own kind of service
you started your own kind of service based business you’ve built up some
based business you’ve built up some
based business you’ve built up some contacts through working at a job and
contacts through working at a job and
contacts through working at a job and you built up some credibility with your
you built up some credibility with your
you built up some credibility with your banks then you’ll have all the resources
banks then you’ll have all the resources
banks then you’ll have all the resources you need to go up and start that
you need to go up and start that
you need to go up and start that construction business and I might take a
construction business and I might take a
construction business and I might take a little bit time to get there but the
little bit time to get there but the
little bit time to get there but the chances of you being able to launch
chances of you being able to launch
chances of you being able to launch would be successful go up dramatically
would be successful go up dramatically
would be successful go up dramatically so I hope that helps if you guys liked
so I hope that helps if you guys liked
so I hope that helps if you guys liked the video please give it a thumbs up I’d
the video please give it a thumbs up I’d
the video please give it a thumbs up I’d also love to hear what you guys have to
also love to hear what you guys have to
also love to hear what you guys have to say if you want to leave a comment below
say if you want to leave a comment below
say if you want to leave a comment below the video and stay tuned for the next
the video and stay tuned for the next
the video and stay tuned for the next episode
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