On The Floor with Wayne and Rob

The Most Important Episode

Episode Summary

Wayne and Rob breakdown how much you should be making an hour for the annual salary that you want. Follow Bona US Professional online: Website: https://www1.bona.com/en-us/professional/ Subscribe on YouTube: https://www.youtube.com/BonaProfessional Facebook: https://www.facebook.com/bonauspro/ Instagram: https://www.instagram.com/bonapro.us/

Episode Transcription

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Hello, and welcome to another episode

 

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of On the Floor with Wayne and Rob.

 

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I'm Wayne Highlander,

 

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director of sales

 

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for Bona Adhesives, and you are.

 

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Rob Johnson from Bona Training.

 

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How are we doing, Rob?

 

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I'm doing okay.

 

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I'm doing okay. I had a setback.

 

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I went to a basketball.

 

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You know, this time of year

 

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I go to a basketball tournament

 

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and I love basketball

 

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and high school basketball.

 

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And I went to a tournament

 

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and I thought, I'm

 

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not going to stay for the lake game

 

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because it's

 

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getting kind of late already.

 

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I got an hour, an hour

 

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and a half drive, about an hour

 

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and a half drive home and

 

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I came out and had a flat tire

 

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and realized

 

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I got to drive down the road and went,

 

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So we had a flat tire pulled over

 

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after Blake

 

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said, All right,

 

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I've never used it before

 

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and I've had it for ten years

 

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in Tennessee.

 

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I never use it.

 

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And

 

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they said, All right, we're experiencing

 

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high volume of calls right now,

 

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which is not even remotely possible

 

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in this little town.

 

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But whatever

 

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4 hours, Rob, 4 hours.

 

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I sat there waiting for triple A

 

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and finally I called him back

 

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and he said, we're experiencing

 

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I said, look, I

 

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that's a lie.

 

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You're not experiencing anything, okay?

 

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There's nothing going on in this town.

 

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There's nothing going on.

 

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Let's just call it what it is.

 

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It's the day after Christmas

 

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and nobody wants to work.

 

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Okay, So is somebody coming or not?

 

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She goes, Well, you might be better off

 

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if you leave the car.

 

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And, you know, this is a way

 

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you can get a

 

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taxi home

 

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or something in their Uber

 

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home and come back tomorrow.

 

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There's all

 

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sorts of cab service

 

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in these little towns in Tennessee.

 

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Yeah.

 

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I said, I'm trying to figure out

 

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why I have been paying this every month

 

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for ten years

 

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and the one time I need it,

 

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you basically you're on

 

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you're on your own

 

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and what you're telling me.

 

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So yeah,

 

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So they want you to stand outside

 

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of your truck in the middle of nowhere

 

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and just hail a cab Yeah, yeah, yeah.

 

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Right.

 

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And so I brought it to today.

 

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I brought it to the truck

 

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to a tire guy and said, Hey, can you just

 

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I don't know if I say hit something

 

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or whatever,

 

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and the tire doesn't have 3000

 

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miles on it. There are expensive tires.

 

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And I came back here

 

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to see

 

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expecting to see my truck with my new

 

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my tire back on right now.

 

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I still have the spare on.

 

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There it goes. Yeah.

 

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He goes, You can't be fixed.

 

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I mean he can't be fixed.

 

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He goes, it

 

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looks like you hit a bone or something

 

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and it just won't hold a patch.

 

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So I don't know how

 

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I would have hit a bone.

 

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A bone Yeah.

 

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So I said,

 

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kind of bone.

 

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I don't know.

 

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I mean,

 

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I know I hit this one, dude,

 

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but that didn't think it was that bad.

 

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Well, I don't know.

 

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I must've been a deer or something.

 

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I mean, I didn't hit any animals.

 

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It must have been something

 

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laying in the road, I guess.

 

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I don't know, A bone.

 

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it's annoying.

 

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Yeah. Rob

 

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So what do you got. You want?

 

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You go ahead. You go right to the show.

 

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Or did you want to? Yeah.

 

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Anything you want to say.

 

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I don't know.

 

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Do we talk about our Christmas school?

 

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You did?

 

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Yes.

 

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Yeah.

 

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Are you sure?

 

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That's a

 

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well.

 

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Yeah. school?

 

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Let me get into it.

 

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okay. Okay.

 

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Okay.

 

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you know,

 

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we did our annual course from school

 

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a couple of weeks back,

 

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and, you know, we had the idea of

 

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and this Christmas I was like,

 

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we did the school because,

 

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you know, a lot of guys were out there

 

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on their own

 

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seeing the floors and everything and

 

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They don't get a chance for big

 

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Christmas party,

 

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you know, like,

 

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like office Christmas parties and stuff.

 

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So in a goofy way, I thought, we can

 

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you know,

 

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we can do a Christmas party slash school.

 

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And it's been

 

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I think we had like 45 people

 

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at the school. It was

 

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Wow.

 

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that's awesome.

 

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Frank Couple Wino

 

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and I somewhere in Brooklyn or something.

 

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He he's a he's in with Toys for Tots.

 

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So we asked Frank, hey,

 

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can you give us a box or,

 

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you know, two boxes of toys.

 

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Two boxes,

 

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you know,

 

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And we told everybody,

 

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come to the school,

 

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hey, we're waiving the fee, but please

 

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bring a toy for the kids,

 

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for Toys for Tots, you know, and

 

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I tell you what,

 

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there's we had a videographer there

 

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and he videoed, you know,

 

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the whole first day of people

 

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bringing in the toys and everything.

 

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And Wayne, I got to tell you,

 

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if you needed some Christmas spirit,

 

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that was the way to do it.

 

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Because,

 

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you know, Frank and I were talking

 

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we had the two boxes there

 

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and nobody was there yet. So like 730.

 

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And we're both nervous about

 

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are we going to be able

 

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to fill these boxes?

 

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Because I'm thinking, Yeah,

 

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if you have to.

 

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Yeah.

 

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Yeah.

 

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Wow,

 

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wow, wow,

 

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wow, wow.

 

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Yeah.

 

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I'll tell you

 

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what, that

 

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that made my whole holiday season

 

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just to see the big smile on every guy

 

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walking through there with a toy,

 

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you know, it was great.

 

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That's awesome. Rob. How cool is that?

 

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That's very nice.

 

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Yeah.

 

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nice.

 

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Wow.

 

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Yeah, yeah, yeah.

 

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know, you know,

 

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you don't sound goofy at all.

 

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I think that's.

 

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That's beautiful.

 

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Well, couple of things.

 

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One, if if Howard Bragman is is talking

 

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I'm getting out of pen and paper

 

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and I got to take notes.

 

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I mean, he is that You've brought in

 

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the best of the best.

 

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So what a what a nice surprise for the

 

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for the class and and for the kids.

 

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You know for a little kid

 

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to get a present

 

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like that means the world, man.

 

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I mean, just that that is just freakin

 

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awesome, man. This guy.

 

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I can tell you firsthand,

 

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we lived in a poor part of town

 

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in Kentucky,

 

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and the fire department came through

 

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and it was handing out

 

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presents to everybody.

 

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And for a little kid, man,

 

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that that means everything. So

 

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Yeah, Got to give a shout out.

 

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Gave no shout out to to Frank

 

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for helping us out with boxes

 

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and you know, getting the Toys

 

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for Tots thing going.

 

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And man, it was just

 

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just a great day.

 

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Yeah.

 

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Frank has been involved

 

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with that for a long time.

 

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Gives his time,

 

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gets up early in the morning,

 

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gives a lot of his time

 

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to give out stuff to

 

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to the Toys for Tots for kids.

 

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And I think one of the like

 

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the biggest chapters in America,

 

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like for giving,

 

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I mean, it's so successful

 

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it teams up with the Marines somehow I'm

 

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probably screwing some up,

 

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but they had like, started

 

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and it still is.

 

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It started with

 

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Marines that were deployed overseas

 

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and they would give gifts to their kids

 

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okay, So

 

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yeah.

 

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yep, yeah.

 

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Coming in with teddy bears and the.

 

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Wow.

 

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Yeah. Yeah.

 

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Truly

 

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there.

 

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There you go. There you go. Pretty cool.

 

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All right, Rob, this

 

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this might be the most interesting

 

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episode we've ever done.

 

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And I think people really need

 

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to listen to this episode,

 

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and it might be a bit of an eye opener.

 

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And we can talk a little bit about money

 

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here.

 

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And, you know,

 

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you and I often focus

 

265

00:11:22,648 --> 00:11:23,549

on getting more money

 

266

00:11:23,549 --> 00:11:25,818

out of out of your career.

 

267

00:11:25,818 --> 00:11:27,820

We think the most value we can offer

 

268

00:11:27,820 --> 00:11:29,722

other than bonus product knowledge is,

 

269

00:11:29,722 --> 00:11:30,222

you know, hopefully

 

270

00:11:30,222 --> 00:11:32,858

improving someone's livelihood. Right.

 

271

00:11:32,858 --> 00:11:35,361

I think it's fair to say that

 

272

00:11:35,361 --> 00:11:36,529

neither you or

 

273

00:11:36,529 --> 00:11:38,397

I had a whole lot of direction

 

274

00:11:38,397 --> 00:11:39,265

when we started out.

 

275

00:11:39,265 --> 00:11:40,533

I mean,

 

276

00:11:40,533 --> 00:11:41,634

as far as business goes,

 

277

00:11:41,634 --> 00:11:42,735

I mean, we got some direction

 

278

00:11:42,735 --> 00:11:44,970

on how to how to do how to do flaws.

 

279

00:11:44,970 --> 00:11:46,672

But on the business side of it,

 

280

00:11:46,672 --> 00:11:47,640

it was basically the school

 

281

00:11:47,640 --> 00:11:50,342

of hard knocks. We agree.

 

282

00:11:50,443 --> 00:11:51,577

yeah.

 

283

00:11:51,577 --> 00:11:53,412

definitely. Yes.

 

284

00:11:53,412 --> 00:11:56,115

So we would like to I mean, part of that

 

285

00:11:56,115 --> 00:11:57,216

when we talked about doing this

 

286

00:11:57,216 --> 00:11:58,718

podcast is one of the reasons

 

287

00:11:58,718 --> 00:11:59,919

what we thought

 

288

00:11:59,919 --> 00:12:00,920

we could add value

 

289

00:12:00,920 --> 00:12:02,354

whatever it is that help

 

290

00:12:02,354 --> 00:12:02,855

other people,

 

291

00:12:02,855 --> 00:12:03,889

that they don't have to go through

 

292

00:12:03,889 --> 00:12:05,091

some of the same mistakes

 

293

00:12:05,091 --> 00:12:09,762

and trial and error that we did.

 

294

00:12:09,862 --> 00:12:10,396

You know,

 

295

00:12:10,396 --> 00:12:12,164

we've we've gotten beat up over the years

 

296

00:12:12,164 --> 00:12:16,669

on different things and, you know, is a

 

297

00:12:16,769 --> 00:12:19,472

that

 

298

00:12:19,472 --> 00:12:21,640

yeah,

 

299

00:12:21,640 --> 00:12:24,944

I mean, look, in looking at Rob

 

300

00:12:25,010 --> 00:12:28,547

as I am right now looking back at me

 

301

00:12:28,614 --> 00:12:31,283

he's a shell of a healthy man

 

302

00:12:31,283 --> 00:12:33,419

This

 

303

00:12:33,419 --> 00:12:35,788

a hollowed out wreck of a man perhaps.

 

304

00:12:35,788 --> 00:12:38,124

But I digress.

 

305

00:12:38,124 --> 00:12:39,325

but still happy.

 

306

00:12:39,325 --> 00:12:41,994

But still happy. Yeah, but we are.

 

307

00:12:41,994 --> 00:12:43,796

So I'm going to talk about something here

 

308

00:12:43,796 --> 00:12:44,196

that I

 

309

00:12:44,196 --> 00:12:45,331

and you and I, Rob,

 

310

00:12:45,331 --> 00:12:46,465

we talked about this earlier,

 

311

00:12:46,465 --> 00:12:47,600

and I think this is going

 

312

00:12:47,600 --> 00:12:48,768

to be an eye opener.

 

313

00:12:48,768 --> 00:12:51,771

So if you're driving down the road,

 

314

00:12:51,771 --> 00:12:53,839

you might want to just listen to this

 

315

00:12:53,839 --> 00:12:56,675

when you can really kind of digest this.

 

316

00:12:56,776 --> 00:12:58,611

So and the question is,

 

317

00:12:58,611 --> 00:13:00,045

and I want to give at the end of the

 

318

00:13:00,045 --> 00:13:01,280

and give credit to somebody

 

319

00:13:01,280 --> 00:13:05,317

where we got this information,

 

320

00:13:05,417 --> 00:13:07,052

how much you have to charge for yourself

 

321

00:13:07,052 --> 00:13:08,721

to make the average capita

 

322

00:13:08,721 --> 00:13:11,190

income in the United States.

 

323

00:13:11,190 --> 00:13:11,524

Okay.

 

324

00:13:11,524 --> 00:13:14,460

So how much you need to charge yourself

 

325

00:13:14,460 --> 00:13:17,329

just to just to just to be average?

 

326

00:13:17,329 --> 00:13:20,833

I would say if say if you want to

 

327

00:13:20,833 --> 00:13:24,303

make 53,540 a year in gross pay.

 

328

00:13:24,470 --> 00:13:25,771

Okay.

 

329

00:13:25,771 --> 00:13:26,272

So that's

 

330

00:13:26,272 --> 00:13:28,641

kind of like the across the country

 

331

00:13:28,641 --> 00:13:30,142

about the average.

 

332

00:13:30,142 --> 00:13:30,609

Okay.

 

333

00:13:30,609 --> 00:13:31,243

So if you're going to

 

334

00:13:31,243 --> 00:13:33,112

if you want to gross that much, that's

 

335

00:13:33,112 --> 00:13:35,414

$1,000 a week. Okay.

 

336

00:13:35,414 --> 00:13:39,084

To break it down about $205 a day

 

337

00:13:39,151 --> 00:13:41,587

and just under 25

 

338

00:13:41,587 --> 00:13:46,458

to $25 and set yeah,

 

339

00:13:46,525 --> 00:13:49,195

it's like $25.72 an hour.

 

340

00:13:49,195 --> 00:13:50,362

And that's if you're working.

 

341

00:13:50,362 --> 00:13:51,997

Now, this is important.

 

342

00:13:51,997 --> 00:13:53,866

That's if work in an eight hour day,

 

343

00:13:53,866 --> 00:13:54,800

five days a week.

 

344

00:13:54,800 --> 00:13:55,267

Okay.

 

345

00:13:55,267 --> 00:13:58,437

If you're going to the trouble

 

346

00:13:58,437 --> 00:13:59,471

of working for yourself

 

347

00:13:59,471 --> 00:14:00,172

and you might, you know,

 

348

00:14:00,172 --> 00:14:00,739

you might as well

 

349

00:14:00,739 --> 00:14:01,907

get some holidays in there, too.

 

350

00:14:01,907 --> 00:14:02,975

So we got to include those Now,

 

351

00:14:02,975 --> 00:14:04,777

there's 11 federal holidays.

 

352

00:14:04,777 --> 00:14:05,644

Well, wait a minute.

 

353

00:14:05,644 --> 00:14:06,679

How many actual

 

354

00:14:06,679 --> 00:14:09,682

working days does a guy have in a year?

 

355

00:14:09,682 --> 00:14:12,284

Well, I'm going to I'll get into that.

 

356

00:14:12,351 --> 00:14:14,086

Okay.

 

357

00:14:14,086 --> 00:14:15,588

So

 

358

00:14:15,588 --> 00:14:16,722

there's 11 federal holidays,

 

359

00:14:16,722 --> 00:14:17,423

but I'm not going include

 

360

00:14:17,423 --> 00:14:18,390

all the federal holidays.

 

361

00:14:18,390 --> 00:14:20,025

I'll put six of them in there.

 

362

00:14:20,025 --> 00:14:21,627

Okay.

 

363

00:14:21,627 --> 00:14:22,995

So to get paid

 

364

00:14:22,995 --> 00:14:25,231

on the days that you don't work

 

365

00:14:25,231 --> 00:14:26,799

those holiday days, you have to charge

 

366

00:14:26,799 --> 00:14:28,667

more on the days that you do work.

 

367

00:14:28,667 --> 00:14:30,369

Okay.

 

368

00:14:30,369 --> 00:14:33,239

So the average number of vacation days

 

369

00:14:33,239 --> 00:14:34,940

across the country, say ten.

 

370

00:14:34,940 --> 00:14:36,775

Okay. That's I think that's fair to say.

 

371

00:14:36,775 --> 00:14:39,111

So you got to throw those into.

 

372

00:14:39,111 --> 00:14:40,346

Okay. Yep.

 

373

00:14:40,346 --> 00:14:41,013

I mean, after all,

 

374

00:14:41,013 --> 00:14:42,348

why go to the show working for yourself

 

375

00:14:42,348 --> 00:14:43,082

if you're not going to get,

 

376

00:14:43,082 --> 00:14:44,383

you know, some holidays off and,

 

377

00:14:44,383 --> 00:14:46,218

you know, a vacation for yourself?

 

378

00:14:46,218 --> 00:14:47,419

Okay.

 

379

00:14:47,419 --> 00:14:50,990

So now that you got 244 days

 

380

00:14:50,990 --> 00:14:55,661

to reach the goal of $53,504, okay.

 

381

00:14:55,761 --> 00:14:58,831

Now, because you threw in the holidays

 

382

00:14:58,831 --> 00:14:59,565

that those days

 

383

00:14:59,565 --> 00:15:00,699

that you're taking off,

 

384

00:15:00,699 --> 00:15:01,467

I mean, that, you know,

 

385

00:15:01,467 --> 00:15:03,636

you need to get paid for those, too.

 

386

00:15:03,636 --> 00:15:06,305

So now you're you're you're you're

 

387

00:15:06,305 --> 00:15:07,907

25 some dollars an hour.

 

388

00:15:07,907 --> 00:15:09,275

You have to give yourself a raise

 

389

00:15:09,275 --> 00:15:11,844

to $27.41 an hour.

 

390

00:15:11,844 --> 00:15:13,545

Okay. But that's just getting started.

 

391

00:15:13,545 --> 00:15:15,347

Okay.

 

392

00:15:15,414 --> 00:15:17,549

Now let's add in

 

393

00:15:17,549 --> 00:15:19,151

general liability insurance.

 

394

00:15:19,151 --> 00:15:19,418

Okay?

 

395

00:15:19,418 --> 00:15:21,954

Figure $825 for that.

 

396

00:15:21,954 --> 00:15:23,956

Okay?

 

397

00:15:23,956 --> 00:15:26,959

If you have an average average work van,

 

398

00:15:27,092 --> 00:15:27,726

that's going to cost

 

399

00:15:27,726 --> 00:15:29,395

you $9,000 a year, okay.

 

400

00:15:29,395 --> 00:15:31,397

For an average work van,

 

401

00:15:31,397 --> 00:15:32,264

they got to insure that.

 

402

00:15:32,264 --> 00:15:33,399

Then.

 

403

00:15:33,399 --> 00:15:35,167

So that's an additional 1300 dollars

 

404

00:15:35,167 --> 00:15:36,268

year to insure the van.

 

405

00:15:36,268 --> 00:15:38,170

Right

 

406

00:15:38,170 --> 00:15:40,706

now, the cost of tools can vary widely.

 

407

00:15:40,706 --> 00:15:42,441

So we'll leave that out for now.

 

408

00:15:42,441 --> 00:15:42,741

Okay.

 

409

00:15:42,741 --> 00:15:46,011

$1,000 to cover yourself

 

410

00:15:46,211 --> 00:15:48,914

if you get hurt using those tools, right?

 

411

00:15:48,914 --> 00:15:49,882

Right.

 

412

00:15:49,882 --> 00:15:51,483

So right now,

 

413

00:15:51,483 --> 00:15:53,218

right now, you're at three grand

 

414

00:15:53,218 --> 00:15:54,553

in insurance.

 

415

00:15:54,553 --> 00:15:57,556

Yep. Yep.

 

416

00:15:57,556 --> 00:15:58,357

Yeah.

 

417

00:15:58,357 --> 00:16:00,926

Well, okay.

 

418

00:16:00,926 --> 00:16:01,927

So yeah,

 

419

00:16:01,927 --> 00:16:02,828

so you're looking at to

 

420

00:16:02,828 --> 00:16:04,830

another $12,000, right?

 

421

00:16:04,830 --> 00:16:06,832

So

 

422

00:16:06,832 --> 00:16:09,001

yeah, You're three grand.

 

423

00:16:09,001 --> 00:16:10,936

three grand to the 9000 for the truck.

 

424

00:16:10,936 --> 00:16:12,771

That's another $12,000.

 

425

00:16:12,771 --> 00:16:13,205

Okay.

 

426

00:16:13,205 --> 00:16:15,507

So, so that's just for the privilege

 

427

00:16:15,507 --> 00:16:17,209

of to earn an average pay

 

428

00:16:17,209 --> 00:16:18,243

so that

 

429

00:16:18,243 --> 00:16:22,114

$25.70 needs to be more like $33.60

 

430

00:16:22,114 --> 00:16:24,016

an hour. Okay.

 

431

00:16:24,016 --> 00:16:27,786

So but now we have to use our 244 days

 

432

00:16:27,786 --> 00:16:31,623

to make almost $65,675 to grow.

 

433

00:16:31,623 --> 00:16:33,959

So 53,000 a year. Okay.

 

434

00:16:33,959 --> 00:16:38,130

So you got 244 day working days to make.

 

435

00:16:38,230 --> 00:16:39,398

Now you've added on

 

436

00:16:39,398 --> 00:16:43,068

top of that, it's got to be $65,675

 

437

00:16:43,135 --> 00:16:45,471

to make 50,000 a year.

 

438

00:16:45,471 --> 00:16:46,572

Okay.

 

439

00:16:46,572 --> 00:16:48,907

right, But you have to figure that you're

 

440

00:16:48,907 --> 00:16:49,208

not going

 

441

00:16:49,208 --> 00:16:52,211

to get paid on all 244 of those days.

 

442

00:16:52,211 --> 00:16:54,380

I mean, let's assume you only use one day

 

443

00:16:54,380 --> 00:16:57,249

a week to work on your business like

 

444

00:16:57,249 --> 00:16:58,584

and estimating and selling

 

445

00:16:58,584 --> 00:17:00,119

the job, make coordinating job

 

446

00:17:00,119 --> 00:17:00,786

and stuff like that.

 

447

00:17:00,786 --> 00:17:02,454

So if you do that

 

448

00:17:02,454 --> 00:17:05,424

now, you've got 194 days to make that

 

449

00:17:05,424 --> 00:17:08,427

$65,000, okay, to make your money.

 

450

00:17:08,494 --> 00:17:11,397

so that number is

 

451

00:17:11,463 --> 00:17:12,297

194.

 

452

00:17:12,297 --> 00:17:14,066

So you started with 244.

 

453

00:17:14,066 --> 00:17:20,906

Yep.

 

454

00:17:20,973 --> 00:17:34,453

Yep.

 

455

00:17:34,520 --> 00:17:37,456

So So

 

456

00:17:37,456 --> 00:17:39,992

so that's 194 days now.

 

457

00:17:39,992 --> 00:17:41,427

But

 

458

00:17:41,427 --> 00:17:43,595

say, you know, because you're human,

 

459

00:17:43,595 --> 00:17:44,930

you're not always going to be productive.

 

460

00:17:44,930 --> 00:17:47,399

Say, say 90% of the time you're

 

461

00:17:47,399 --> 00:17:48,500

you're productive. Right.

 

462

00:17:48,500 --> 00:17:49,735

And you're going to make mistakes

 

463

00:17:49,735 --> 00:17:51,203

and surprises are going to come up

 

464

00:17:51,203 --> 00:17:52,805

and there's going to be delays on jobs

 

465

00:17:52,805 --> 00:17:53,138

and whatever.

 

466

00:17:53,138 --> 00:17:56,208

So that 90% in mine now you down

 

467

00:17:56,208 --> 00:18:00,546

275 days and make your $65,675.

 

468

00:18:00,546 --> 00:18:01,947

Okay.

 

469

00:18:01,947 --> 00:18:02,881

So if you divide that

 

470

00:18:02,881 --> 00:18:04,249

and do the math on that

 

471

00:18:04,249 --> 00:18:10,089

now you need to be charging $47, $47.91

 

472

00:18:10,089 --> 00:18:14,526

an hour to gross $53,504.

 

473

00:18:14,626 --> 00:18:17,396

Now, that does not gas in the van.

 

474

00:18:17,396 --> 00:18:18,330

Okay.

 

475

00:18:18,330 --> 00:18:20,866

So the reason why we say this

 

476

00:18:20,866 --> 00:18:22,167

and you know,

 

477

00:18:22,167 --> 00:18:23,502

and also if you're an employee

 

478

00:18:23,502 --> 00:18:24,603

and let's say

 

479

00:18:24,603 --> 00:18:25,671

I'm just going to write a number

 

480

00:18:25,671 --> 00:18:28,040

making $27 an hour and you see that

 

481

00:18:28,040 --> 00:18:28,941

like the boss charge,

 

482

00:18:28,941 --> 00:18:30,175

$60 or such as those,

 

483

00:18:30,175 --> 00:18:31,076

you think, I'm making

 

484

00:18:31,076 --> 00:18:32,544

27, he's making 30,

 

485

00:18:32,544 --> 00:18:34,413

I'm doing all the work.

 

486

00:18:34,513 --> 00:18:36,448

But that's not the case.

 

487

00:18:36,448 --> 00:18:38,417

You see where this money goes

 

488

00:18:38,417 --> 00:18:39,885

And if any of you work it,

 

489

00:18:39,885 --> 00:18:41,787

and if you're working for yourself

 

490

00:18:41,787 --> 00:18:42,454

and you think, well,

 

491

00:18:42,454 --> 00:18:44,022

how much do I really need to charge

 

492

00:18:44,022 --> 00:18:44,923

in order to make the money

 

493

00:18:44,923 --> 00:18:45,657

that I need to make?

 

494

00:18:45,657 --> 00:18:46,625

You know,

 

495

00:18:46,625 --> 00:18:48,327

this gives you a really good

 

496

00:18:48,327 --> 00:18:49,895

kind of breakdown.

 

497

00:18:49,895 --> 00:18:52,131

Now, what's interesting about this

 

498

00:18:52,131 --> 00:18:54,399

is that,

 

499

00:18:54,399 --> 00:18:57,302

according to the National Association

 

500

00:18:57,302 --> 00:18:58,170

of Realtors,

 

501

00:18:58,170 --> 00:18:58,737

the value

 

502

00:18:58,737 --> 00:18:59,271

you recover

 

503

00:18:59,271 --> 00:19:00,506

from installing a new hardwood

 

504

00:19:00,506 --> 00:19:02,241

floor is 106%

 

505

00:19:02,241 --> 00:19:05,511

when you go to sell that house.

 

506

00:19:05,577 --> 00:19:06,778

Okay.

 

507

00:19:06,778 --> 00:19:08,514

So they're getting all that money

 

508

00:19:08,514 --> 00:19:11,984

back, 106% of what they invested.

 

509

00:19:12,017 --> 00:19:13,886

I mean, look at all the other projects

 

510

00:19:13,886 --> 00:19:14,720

they can do in that house

 

511

00:19:14,720 --> 00:19:17,723

and stack that up for,

 

512

00:19:17,823 --> 00:19:19,124

you know what I mean?

 

513

00:19:19,124 --> 00:19:20,592

So it's a great investment

 

514

00:19:20,592 --> 00:19:21,093

for the client.

 

515

00:19:21,093 --> 00:19:23,061

So when we talk about knowing your worth

 

516

00:19:23,061 --> 00:19:24,196

and knowing what value

 

517

00:19:24,196 --> 00:19:25,330

you bring to that house

 

518

00:19:25,330 --> 00:19:26,832

and to that client and whatever

 

519

00:19:26,832 --> 00:19:28,433

is tremendous

 

520

00:19:28,500 --> 00:19:31,303

Did they when you saw that?

 

521

00:19:31,303 --> 00:19:33,672

You know, I love to interrupt you,

 

522

00:19:33,672 --> 00:19:40,312

okay.

 

523

00:19:40,379 --> 00:19:41,446

I look,

 

524

00:19:41,446 --> 00:19:42,147

I look for that,

 

525

00:19:42,147 --> 00:19:43,615

but it cannot surely not

 

526

00:19:43,615 --> 00:19:46,084

hold anywhere near the value.

 

527

00:19:46,084 --> 00:19:48,253

Not even that.

 

528

00:19:48,253 --> 00:19:51,890

Yeah, yeah,

 

529

00:19:51,957 --> 00:19:53,425

yeah.

 

530

00:19:53,425 --> 00:20:13,445

So.

 

531

00:20:13,545 --> 00:20:14,079

Yeah.

 

532

00:20:14,079 --> 00:20:15,547

what you did

 

533

00:20:15,547 --> 00:20:17,449

But my point,

 

534

00:20:17,449 --> 00:20:19,551

I guess if someone says, hey, you know,

 

535

00:20:19,551 --> 00:20:21,587

gosh, you charge 60 bucks an hour,

 

536

00:20:21,587 --> 00:20:22,988

you guys are charging 70 bucks

 

537

00:20:22,988 --> 00:20:23,855

an hour or whatever, guy.

 

538

00:20:23,855 --> 00:20:24,223

I mean,

 

539

00:20:24,223 --> 00:20:25,857

I can't believe how much you guys charge.

 

540

00:20:25,857 --> 00:20:28,327

Well, that's the reason.

 

541

00:20:28,327 --> 00:20:28,860

You know what I mean?

 

542

00:20:28,860 --> 00:20:29,428

That's the reason

 

543

00:20:29,428 --> 00:20:30,662

you have to charge that much

 

544

00:20:30,662 --> 00:20:32,364

in order to take home

 

545

00:20:32,364 --> 00:20:34,466

just like an average

 

546

00:20:34,466 --> 00:20:37,202

per capita income across the country.

 

547

00:20:37,202 --> 00:20:40,405

So I think a lot of people are

 

548

00:20:40,472 --> 00:20:41,773

always trying to figure out, well,

 

549

00:20:41,773 --> 00:20:43,275

what would I need to charge

 

550

00:20:43,275 --> 00:20:44,309

and how much should I charge?

 

551

00:20:44,309 --> 00:20:45,244

And whatever

 

552

00:20:45,244 --> 00:20:46,745

this kind of gives you,

 

553

00:20:46,745 --> 00:20:47,779

especially when you break down

 

554

00:20:47,779 --> 00:20:48,380

the amount of days

 

555

00:20:48,380 --> 00:20:49,915

that you're productive days,

 

556

00:20:49,915 --> 00:20:52,117

if you include days off and holidays,

 

557

00:20:52,117 --> 00:20:52,551

you know,

 

558

00:20:52,551 --> 00:20:55,354

of kind of what you need to charge.

 

559

00:20:55,354 --> 00:20:56,588

So I don't know.

 

560

00:20:56,588 --> 00:20:57,889

I think that's interesting.

 

561

00:20:57,889 --> 00:21:00,225

it almost breaks down to

 

562

00:21:00,225 --> 00:21:03,996

if you want to make 55,000 a year,

 

563

00:21:04,096 --> 00:21:05,264

you have to charge

 

564

00:21:05,264 --> 00:21:08,934

$50 an hour.

 

565

00:21:09,001 --> 00:21:11,503

Yeah, yeah, yeah,

 

566

00:21:11,503 --> 00:21:12,404

yeah, yeah.

 

567

00:21:12,404 --> 00:21:13,171

Just rounded up.

 

568

00:21:13,171 --> 00:21:20,212

Yeah, but but like I said,

 

569

00:21:20,279 --> 00:21:22,714

well,

 

570

00:21:22,714 --> 00:21:23,482

here's the thing.

 

571

00:21:23,482 --> 00:21:24,283

It's, it's,

 

572

00:21:24,283 --> 00:21:24,716

that doesn't

 

573

00:21:24,716 --> 00:21:27,419

even include gas in the van yet.

 

574

00:21:27,419 --> 00:21:28,520

Really.

 

575

00:21:28,520 --> 00:21:30,856

I think you need to be your tools.

 

576

00:21:30,856 --> 00:21:32,758

Yeah.

 

577

00:21:32,758 --> 00:21:36,495

$100 an hour is not out of line.

 

578

00:21:36,561 --> 00:21:38,363

No, Yeah, unit.

 

579

00:21:38,363 --> 00:21:39,698

Absolutely not.

 

580

00:21:39,698 --> 00:21:42,000

Yeah, it's not.

 

581

00:21:42,000 --> 00:21:44,002

Yeah. And then here's the thing too.

 

582

00:21:44,002 --> 00:21:45,804

If you also start thinking about

 

583

00:21:45,804 --> 00:21:46,938

all right down the road,

 

584

00:21:46,938 --> 00:21:48,674

I might need a knee replacement.

 

585

00:21:48,674 --> 00:21:49,775

You know, might need,

 

586

00:21:49,775 --> 00:21:50,475

you know, my body's

 

587

00:21:50,475 --> 00:21:51,476

going to break down or whatever.

 

588

00:21:51,476 --> 00:21:53,779

I may not be as productive down the road.

 

589

00:21:53,779 --> 00:21:55,647

You have to look at,

 

590

00:21:55,647 --> 00:21:57,916

you know, what that's going to cost.

 

591

00:21:57,916 --> 00:22:01,453

And I think it's,

 

592

00:22:01,520 --> 00:22:03,722

And you never even

 

593

00:22:03,722 --> 00:22:09,895

threw health insurance in. Yeah,

 

594

00:22:09,961 --> 00:22:10,896

yeah.

 

595

00:22:10,896 --> 00:22:12,664

I mean,

 

596

00:22:12,664 --> 00:22:15,867

So here's here's here's the thing.

 

597

00:22:15,934 --> 00:22:17,602

There's an expression in the car industry

 

598

00:22:17,602 --> 00:22:18,403

is that you're

 

599

00:22:18,403 --> 00:22:18,970

trying to buy

 

600

00:22:18,970 --> 00:22:22,274

too much car for your money.

 

601

00:22:22,341 --> 00:22:24,576

You know,

 

602

00:22:24,576 --> 00:22:27,145

if you go to a car lot and

 

603

00:22:27,145 --> 00:22:30,048

a car dealer is not going to sell a car

 

604

00:22:30,048 --> 00:22:32,150

for what he's not comfortable with,

 

605

00:22:32,150 --> 00:22:33,618

that car will just sit on that lot.

 

606

00:22:33,618 --> 00:22:34,519

That's just the way it is.

 

607

00:22:34,519 --> 00:22:35,654

If if,

 

608

00:22:35,654 --> 00:22:37,222

if it doesn't make sense to him,

 

609

00:22:37,222 --> 00:22:38,390

if he's not comfortable in number, he's

 

610

00:22:38,390 --> 00:22:38,757

not going to sell

 

611

00:22:38,757 --> 00:22:40,559

that car and take a loss.

 

612

00:22:40,559 --> 00:22:42,394

That car is going to sit the lot.

 

613

00:22:42,394 --> 00:22:46,064

So sometimes I wonder if flooring jobs

 

614

00:22:46,131 --> 00:22:48,100

were on that same like on a car,

 

615

00:22:48,100 --> 00:22:49,901

lot like here's a here's a floor job.

 

616

00:22:49,901 --> 00:22:51,370

Here's a floor job, here's a floor job.

 

617

00:22:51,370 --> 00:22:52,771

They're all sitting on the lot

 

618

00:22:52,771 --> 00:22:54,272

with floor guys.

 

619

00:22:54,272 --> 00:22:55,741

Would they all sit on that later?

 

620

00:22:55,741 --> 00:22:58,910

Would what some floor guy come in does?

 

621

00:22:58,910 --> 00:23:00,078

Yeah, I'll do it for less.

 

622

00:23:00,078 --> 00:23:00,946

I'll do it for less.

 

623

00:23:00,946 --> 00:23:02,581

I'll do it for less, I'll do it for less.

 

624

00:23:02,581 --> 00:23:03,815

And then there's no car

 

625

00:23:03,815 --> 00:23:05,217

sitting on that lot anymore.

 

626

00:23:05,217 --> 00:23:07,419

You know what I mean?

 

627

00:23:07,519 --> 00:23:10,188

So

 

628

00:23:10,188 --> 00:23:10,689

I don't know.

 

629

00:23:10,689 --> 00:23:12,224

I think in the Hall of Fame,

 

630

00:23:12,224 --> 00:23:12,824

I think if you're

 

631

00:23:12,824 --> 00:23:14,726

if you're if you're Batman, you know,

 

632

00:23:14,726 --> 00:23:15,827

if you know

 

633

00:23:15,827 --> 00:23:19,164

300, you're in the Hall of Fame, I think.

 

634

00:23:19,231 --> 00:23:20,899

Yeah if you're getting one

 

635

00:23:20,899 --> 00:23:22,300

out of three estimates.

 

636

00:23:22,300 --> 00:23:51,296

Yeah.

 

637

00:23:51,396 --> 00:23:56,968

Yeah.

 

638

00:23:57,035 --> 00:24:16,755

Yeah.

 

639

00:24:16,822 --> 00:24:17,856

Yeah.

 

640

00:24:17,856 --> 00:24:21,426

So

 

641

00:24:21,526 --> 00:24:24,729

according.

 

642

00:24:24,830 --> 00:24:27,432

Yeah, according to this guy, like,

 

643

00:24:27,432 --> 00:24:27,833

you know,

 

644

00:24:27,833 --> 00:24:29,034

most people should think

 

645

00:24:29,034 --> 00:24:31,136

you're too expensive

 

646

00:24:31,136 --> 00:24:32,804

when you do your estimates.

 

647

00:24:32,804 --> 00:24:34,539

You know that, you know?

 

648

00:24:34,539 --> 00:24:37,476

So, you know,

 

649

00:24:37,476 --> 00:24:39,878

that also can help you retire.

 

650

00:24:39,878 --> 00:24:40,645

You know, the other thing

 

651

00:24:40,645 --> 00:24:41,780

it was saying with

 

652

00:24:41,780 --> 00:24:42,447

I was interesting

 

653

00:24:42,447 --> 00:24:43,982

is that, you know,

 

654

00:24:43,982 --> 00:24:45,884

you want to start with the end in mind.

 

655

00:24:45,884 --> 00:24:46,251

You know what

 

656

00:24:46,251 --> 00:24:46,751

what is it

 

657

00:24:46,751 --> 00:24:47,552

what is the goal here

 

658

00:24:47,552 --> 00:24:48,787

that you want to do?

 

659

00:24:48,787 --> 00:24:49,888

And then you have

 

660

00:24:49,888 --> 00:24:51,289

you have to remove yourself

 

661

00:24:51,289 --> 00:24:52,991

in every way possible

 

662

00:24:52,991 --> 00:24:54,392

so the business can run itself.

 

663

00:24:54,392 --> 00:24:56,495

Or you need to make enough money

 

664

00:24:56,495 --> 00:24:58,296

that the day you stop doing floors,

 

665

00:24:58,296 --> 00:25:00,265

you don't need any more money.

 

666

00:25:00,332 --> 00:25:01,066

You know what I mean?

 

667

00:25:01,066 --> 00:25:04,536

So you have to be able somehow

 

668

00:25:04,636 --> 00:25:05,370

set the business up

 

669

00:25:05,370 --> 00:25:06,771

where it doesn't need you on

 

670

00:25:06,771 --> 00:25:08,106

any aspect of the business.

 

671

00:25:08,106 --> 00:25:10,141

It can all run without you.

 

672

00:25:10,141 --> 00:25:12,143

And I think that's interesting too.

 

673

00:25:12,143 --> 00:25:13,144

I certainly didn't do that.

 

674

00:25:13,144 --> 00:25:14,846

And we're preaching to the choir.

 

675

00:25:14,846 --> 00:25:15,847

We're not

 

676

00:25:15,847 --> 00:25:17,182

you know, we're not holier than thou.

 

677

00:25:17,182 --> 00:25:19,150

I mean, obviously, you know,

 

678

00:25:19,150 --> 00:25:20,085

we made every mistake

 

679

00:25:20,085 --> 00:25:20,919

that can be made, too.

 

680

00:25:20,919 --> 00:25:24,422

So.

 

681

00:25:24,523 --> 00:25:27,025

that he said was charging for estimates

 

682

00:25:27,025 --> 00:25:27,792

Yeah.

 

683

00:25:27,792 --> 00:25:32,397

And we talked to.

 

684

00:25:32,464 --> 00:25:33,865

Yep.

 

685

00:25:33,865 --> 00:25:35,934

Said yup.

 

686

00:25:35,934 --> 00:25:36,501

The other thing

 

687

00:25:36,501 --> 00:25:37,402

he said, which I thought was

 

688

00:25:37,402 --> 00:25:38,470

very interesting, is

 

689

00:25:38,470 --> 00:25:40,505

do not work for investors

 

690

00:25:40,505 --> 00:25:44,442

or house flippers.

 

691

00:25:44,509 --> 00:25:46,845

They often are cutting every every,

 

692

00:25:46,845 --> 00:25:47,512

you know, cost

 

693

00:25:47,512 --> 00:25:48,947

they can possibly cut in every corner.

 

694

00:25:48,947 --> 00:25:50,448

They say save money.

 

695

00:25:50,448 --> 00:25:51,416

And personally that doesn't fit

 

696

00:25:51,416 --> 00:25:53,018

with my set of values anyhow.

 

697

00:25:53,018 --> 00:25:54,052

And the risk

 

698

00:25:54,052 --> 00:25:55,687

isn't worth the reward on that because it

 

699

00:25:55,687 --> 00:25:58,323

it doesn't make any sense because,

 

700

00:25:58,423 --> 00:25:59,758

you know, traditionally they don't pay

 

701

00:25:59,758 --> 00:26:01,359

well anyhow.

 

702

00:26:01,359 --> 00:26:03,528

And then you're having the corners

 

703

00:26:03,528 --> 00:26:04,095

and everything.

 

704

00:26:04,095 --> 00:26:05,764

And so that's

 

705

00:26:05,764 --> 00:26:07,365

the likelihood of a callback

 

706

00:26:07,365 --> 00:26:09,200

is more prevalent.

 

707

00:26:09,200 --> 00:26:13,572

And so I don't know,

 

708

00:26:13,672 --> 00:26:14,806

I kind of agree with it.

 

709

00:26:14,806 --> 00:26:16,074

I never had a good feeling in

 

710

00:26:16,074 --> 00:26:19,744

working for for for house flippers.

 

711

00:26:19,844 --> 00:26:21,313

And this is my opinion, by the way.

 

712

00:26:21,313 --> 00:26:22,047

Just my opinion.

 

713

00:26:22,047 --> 00:26:25,650

And so anyhow,

 

714

00:26:25,650 --> 00:26:27,919

I thought that was a pretty interesting.

 

715

00:26:27,919 --> 00:26:30,255

The other thing he said was, you know,

 

716

00:26:30,255 --> 00:26:31,590

reach out to somebody

 

717

00:26:31,590 --> 00:26:33,892

that's ten years ahead of you

 

718

00:26:33,892 --> 00:26:35,160

in the industry

 

719

00:26:35,160 --> 00:26:36,428

to see what they're doing, to see

 

720

00:26:36,428 --> 00:26:38,330

what works and doesn't work.

 

721

00:26:38,330 --> 00:26:40,799

And we kind of talked about that before.

 

722

00:26:40,799 --> 00:26:43,802

And then also safety first

 

723

00:26:43,902 --> 00:26:45,604

that no part of this is worth

 

724

00:26:45,604 --> 00:26:48,073

your health. And I can tell you

 

725

00:26:48,139 --> 00:26:51,109

I that should be a high priority.

 

726

00:26:51,109 --> 00:26:52,811

I mean, you get old.

 

727

00:26:52,811 --> 00:26:54,145

That does mean anything to you.

 

728

00:26:54,145 --> 00:26:55,413

You like I said before,

 

729

00:26:55,413 --> 00:26:56,581

you feel like you're bulletproof

 

730

00:26:56,581 --> 00:26:59,517

when you're a kid until you're not.

 

731

00:26:59,517 --> 00:27:00,485

And then, you know,

 

732

00:27:00,485 --> 00:27:02,654

all those things add up over time.

 

733

00:27:02,654 --> 00:27:04,222

That's why you see everybody

 

734

00:27:04,222 --> 00:27:05,256

always walking around

 

735

00:27:05,256 --> 00:27:06,291

with a limp and everything.

 

736

00:27:06,291 --> 00:27:07,425

So, you know,

 

737

00:27:07,425 --> 00:27:09,394

make sure you take care of your health.

 

738

00:27:09,394 --> 00:27:11,896

But I thought this show would be kind

 

739

00:27:11,896 --> 00:27:13,465

important, just maybe

 

740

00:27:13,465 --> 00:27:14,332

help someone do that,

 

741

00:27:14,332 --> 00:27:15,367

because we were always wondering,

 

742

00:27:15,367 --> 00:27:16,034

you know, when

 

743

00:27:16,034 --> 00:27:17,102

and what I should charge, blah,

 

744

00:27:17,102 --> 00:27:18,103

blah, blah.

 

745

00:27:18,103 --> 00:27:18,269

You know,

 

746

00:27:18,269 --> 00:27:20,171

a lot of us, we charge by the hour,

 

747

00:27:20,171 --> 00:27:22,107

but you can break that down.

 

748

00:27:22,107 --> 00:27:23,908

And what what what you're

 

749

00:27:23,908 --> 00:27:25,644

you know, what your costs are.

 

750

00:27:25,644 --> 00:27:27,379

you know another thing that he

 

751

00:27:27,379 --> 00:27:28,713

and you know we've heard

 

752

00:27:28,713 --> 00:27:32,617

Mike Wall stories woe is me stories about

 

753

00:27:32,717 --> 00:27:34,786

the accounting and the IRS and everything

 

754

00:27:34,786 --> 00:27:36,221

and when he said

 

755

00:27:36,221 --> 00:27:38,957

take the accounting part of your business

 

756

00:27:38,957 --> 00:27:42,327

serious, I was like, yeah,

 

757

00:27:42,394 --> 00:27:48,833

Yeah.

 

758

00:27:48,900 --> 00:27:49,601

Yep.

 

759

00:27:49,601 --> 00:28:03,014

So let's give this guy like.

 

760

00:28:03,081 --> 00:28:04,315

Yeah, like you don't even care

 

761

00:28:04,315 --> 00:28:06,117

if you get it or not.

 

762

00:28:06,117 --> 00:28:08,019

Yeah.

 

763

00:28:08,019 --> 00:28:09,254

You know, when you here's the thing.

 

764

00:28:09,254 --> 00:28:10,755

When you start doing that,

 

765

00:28:10,755 --> 00:28:12,190

at first you're like,

 

766

00:28:12,190 --> 00:28:13,358

that's a lot of money, you know?

 

767

00:28:13,358 --> 00:28:14,259

And you feel kind of,

 

768

00:28:14,259 --> 00:28:16,127

you know, like,

 

769

00:28:16,127 --> 00:28:18,363

I don't know if I should be doing this,

 

770

00:28:18,363 --> 00:28:19,864

but you get in the habit of doing that

 

771

00:28:19,864 --> 00:28:21,833

and it's habit like you don't even care.

 

772

00:28:21,833 --> 00:28:22,901

And, you know, and especially

 

773

00:28:22,901 --> 00:28:24,669

when you find out that it works.

 

774

00:28:24,669 --> 00:28:26,104

It's the same thing when I was young and,

 

775

00:28:26,104 --> 00:28:26,571

you know,

 

776

00:28:26,571 --> 00:28:27,505

when I first started

 

777

00:28:27,505 --> 00:28:29,774

to give him the contracts to people

 

778

00:28:29,774 --> 00:28:30,608

first, when I

 

779

00:28:30,608 --> 00:28:32,077

when I did a floor job for someone,

 

780

00:28:32,077 --> 00:28:33,478

I didn't ask for a contract,

 

781

00:28:33,478 --> 00:28:33,945

you know,

 

782

00:28:33,945 --> 00:28:35,413

And I just felt like,

 

783

00:28:35,413 --> 00:28:36,948

I don't know about that man.

 

784

00:28:36,948 --> 00:28:37,749

You know,

 

785

00:28:37,749 --> 00:28:38,950

maybe I don't trust him

 

786

00:28:38,950 --> 00:28:40,418

or blah, blah, blah.

 

787

00:28:40,418 --> 00:28:41,386

Once you start handing out

 

788

00:28:41,386 --> 00:28:43,254

contracts with people,

 

789

00:28:43,254 --> 00:28:44,823

you wouldn't do it any other way.

 

790

00:28:44,823 --> 00:28:46,357

You know what I mean?

 

791

00:28:46,357 --> 00:28:47,692

It was just part of what we did.

 

792

00:28:47,692 --> 00:28:49,127

And by the way,

 

793

00:28:49,127 --> 00:28:50,895

I probably had 150

 

794

00:28:50,895 --> 00:28:53,131

people ask me for my contract.

 

795

00:28:53,131 --> 00:28:53,665

I sent out.

 

796

00:28:53,665 --> 00:28:55,300

I hope I hope everybody that asked for

 

797

00:28:55,300 --> 00:28:55,834

it got one.

 

798

00:28:55,834 --> 00:28:57,635

If you didn't if I missed somebody just,

 

799

00:28:57,635 --> 00:28:59,037

email me again,

 

800

00:28:59,037 --> 00:29:00,872

Wayne that Highlander EBONY.com.

 

801

00:29:00,872 --> 00:29:01,673

But I think I got

 

802

00:29:01,673 --> 00:29:02,607

everybody that asked

 

803

00:29:02,607 --> 00:29:04,876

for a copy of the contract.

 

804

00:29:04,876 --> 00:29:08,279

But yeah,

 

805

00:29:08,346 --> 00:29:12,183

to 99 yeah, yeah, yeah.

 

806

00:29:12,183 --> 00:29:12,550

I'm sorry.

 

807

00:29:12,550 --> 00:29:15,220

They'll say money. Yeah.

 

808

00:29:15,220 --> 00:29:17,122

No I'm not charged anything.

 

809

00:29:17,122 --> 00:29:18,556

Let's give this guy credit.

 

810

00:29:18,556 --> 00:29:21,326

He's a he's a do it yourself remodel guy

 

811

00:29:21,326 --> 00:29:23,962

and it's remodeled

 

812

00:29:23,962 --> 00:29:26,931

School is his name of his is channel

 

813

00:29:27,132 --> 00:29:31,102

and I don't know his name.

 

814

00:29:31,169 --> 00:29:33,338

remodel bash.

 

815

00:29:33,338 --> 00:29:34,939

What do they call that underscore

 

816

00:29:34,939 --> 00:29:36,441

remodel Yeah.

 

817

00:29:36,441 --> 00:29:38,777

Models.

 

818

00:29:38,777 --> 00:29:39,811

Yeah.

 

819

00:29:39,811 --> 00:29:40,912

Yeah.

 

820

00:29:40,912 --> 00:29:50,388

So anyhow

 

821

00:29:50,455 --> 00:29:50,789

yeah.

 

822

00:29:50,789 --> 00:29:51,489

A lot of it doesn't,

 

823

00:29:51,489 --> 00:29:52,590

isn't germane

 

824

00:29:52,590 --> 00:29:53,625

to what we do or whatever,

 

825

00:29:53,625 --> 00:29:55,460

but I thought this was interesting

 

826

00:29:55,460 --> 00:30:00,098

because I

 

827

00:30:00,198 --> 00:30:00,732

Yeah.

 

828

00:30:00,732 --> 00:30:02,300

into what our guys do.

 

829

00:30:02,300 --> 00:30:03,601

One of the other things he said,

 

830

00:30:03,601 --> 00:30:07,739

he said is better to be a

 

831

00:30:07,739 --> 00:30:09,040

What do you mean get it right here.

 

832

00:30:09,040 --> 00:30:12,143

It's better to be a power

 

833

00:30:12,143 --> 00:30:14,379

washer than a handyman.

 

834

00:30:14,479 --> 00:30:15,680

And in other words, what

 

835

00:30:15,680 --> 00:30:17,982

he's saying is find a niche.

 

836

00:30:17,982 --> 00:30:19,217

And, you know, you could say

 

837

00:30:19,217 --> 00:30:20,618

hardwood floors is a niche because.

 

838

00:30:20,618 --> 00:30:21,986

We just specialized in hardwood floors.

 

839

00:30:21,986 --> 00:30:22,887

But there's there's a

 

840

00:30:22,887 --> 00:30:25,123

you know, I think a niche Yeah?

 

841

00:30:25,123 --> 00:30:27,692

within a niche niche.

 

842

00:30:27,692 --> 00:30:29,160

Like some guys focus on green

 

843

00:30:29,160 --> 00:30:29,527

you know,

 

844

00:30:29,527 --> 00:30:31,963

whatever focus on of,

 

845

00:30:31,963 --> 00:30:34,966

you know, female clients that are maybe

 

846

00:30:35,099 --> 00:30:36,634

worried about safety or whatever

 

847

00:30:36,634 --> 00:30:37,869

and then they kind of gear

 

848

00:30:37,869 --> 00:30:39,070

their business towards that,

 

849

00:30:39,070 --> 00:30:39,737

you know,

 

850

00:30:39,737 --> 00:30:40,839

So in the picture, here's

 

851

00:30:40,839 --> 00:30:41,840

what my guys look like

 

852

00:30:41,840 --> 00:30:42,841

and blah, blah, blah, blah, blah.

 

853

00:30:42,841 --> 00:30:44,209

Anyhow, you kind of get

 

854

00:30:44,209 --> 00:30:45,276

what I'm my meaning.

 

855

00:30:45,276 --> 00:30:48,780

today's word sustainability, green,

 

856

00:30:48,847 --> 00:30:53,985

all Yeah,

 

857

00:30:54,052 --> 00:30:55,253

well, certainly

 

858

00:30:55,253 --> 00:30:56,321

the younger you

 

859

00:30:56,321 --> 00:30:57,989

look at the younger generation

 

860

00:30:57,989 --> 00:30:59,023

that are buying homes,

 

861

00:30:59,023 --> 00:30:59,657

I mean

 

862

00:30:59,657 --> 00:31:01,326

how important and sustainability

 

863

00:31:01,326 --> 00:31:02,327

is and a

 

864

00:31:02,327 --> 00:31:03,661

company CSR,

 

865

00:31:03,661 --> 00:31:03,962

I mean

 

866

00:31:03,962 --> 00:31:06,397

the corporate social responsibility,

 

867

00:31:06,397 --> 00:31:09,100

they that means a lot to them.

 

868

00:31:09,100 --> 00:31:10,668

So it's a big deal to them

 

869

00:31:10,668 --> 00:31:11,336

and they want to know

 

870

00:31:11,336 --> 00:31:15,139

that your company is a has a has a you

 

871

00:31:15,139 --> 00:31:16,708

know, some

 

872

00:31:16,774 --> 00:31:18,776

core values.

 

873

00:31:18,776 --> 00:31:19,611

So you want to

 

874

00:31:19,611 --> 00:31:21,045

make sure you put that out.

 

875

00:31:21,045 --> 00:31:23,348

Yeah. Align with theirs. Exactly.

 

876

00:31:23,348 --> 00:31:24,048

All right, Rob.

 

877

00:31:24,048 --> 00:31:24,582

So, anyhow,

 

878

00:31:24,582 --> 00:31:26,317

appreciate your input on that one.

 

879

00:31:26,317 --> 00:31:26,818

Well, you know,

 

880

00:31:26,818 --> 00:31:27,886

you and I talked about this.

 

881

00:31:27,886 --> 00:31:30,622

We thought to be kind of pretty pretty.

 

882

00:31:30,622 --> 00:31:32,690

So I.

 

883

00:31:32,690 --> 00:31:33,925

I never did ask you,

 

884

00:31:33,925 --> 00:31:36,261

did you do any decorating this year

 

885

00:31:36,261 --> 00:31:37,762

for Christmas?

 

886

00:31:37,762 --> 00:31:39,631

Biggest year ever.

 

887

00:31:39,631 --> 00:32:06,824

Really?

 

888

00:32:06,891 --> 00:32:18,136

You know,

 

889

00:32:18,202 --> 00:32:21,906

no.

 

890

00:32:21,973 --> 00:32:39,557

yeah.

 

891

00:32:39,624 --> 00:32:40,725

Okay.

 

892

00:32:40,725 --> 00:32:43,127

Let me ask go ahead.

 

893

00:32:43,127 --> 00:32:44,462

Let me ask you this.

 

894

00:32:44,462 --> 00:32:45,897

So let's say you're up

 

895

00:32:45,897 --> 00:32:47,865

on the on their ladder

 

896

00:32:47,865 --> 00:32:49,267

hanging Christmas decorations

 

897

00:32:49,267 --> 00:32:51,970

and you're 20 feet off the ground. Okay.

 

898

00:32:51,970 --> 00:32:57,642

And what if you fell and were paralyzed?

 

899

00:32:57,709 --> 00:32:58,443

The risk isn't

 

900

00:32:58,443 --> 00:33:03,848

worth the reward.

 

901

00:33:03,915 --> 00:33:13,157

Okay?

 

902

00:33:13,257 --> 00:33:16,260

Really?

 

903

00:33:16,394 --> 00:33:17,528

It's crazy.

 

904

00:33:17,528 --> 00:33:20,131

Okay, I get people that stop.

 

905

00:33:20,131 --> 00:33:22,367

I get people that write letters dropping.

 

906

00:33:22,367 --> 00:33:25,169

No, we love the tree. Every year.

 

907

00:33:25,169 --> 00:33:27,271

We look forward to seeing the tree.

 

908

00:33:27,271 --> 00:33:29,974

People are talking to my kids like,

 

909

00:33:29,974 --> 00:33:31,142

you're dad's tree.

 

910

00:33:31,142 --> 00:33:32,543

We can't wait to look forward to it.

 

911

00:33:32,543 --> 00:33:34,645

So now I have to do it.

 

912

00:33:34,645 --> 00:33:35,813

It's for the community.

 

913

00:33:35,813 --> 00:33:37,048

It's not even for me anymore.

 

914

00:33:37,048 --> 00:34:03,474

It's for the community Okay.

 

915

00:34:03,574 --> 00:34:04,208

Wow.

 

916

00:34:04,208 --> 00:34:15,219

Wow.

 

917

00:34:15,286 --> 00:34:17,688

Okay.

 

918

00:34:17,688 --> 00:34:21,859

That's nice.

 

919

00:34:21,959 --> 00:34:25,963

Yep.

 

920

00:34:26,030 --> 00:34:29,033

Wow.

 

921

00:34:29,233 --> 00:34:38,142

Yeah.

 

922

00:34:38,209 --> 00:34:42,346

Yeah.

 

923

00:34:42,413 --> 00:34:45,450

That and it's a heavy duty ladder, too.

 

924

00:34:45,450 --> 00:34:48,719

It's no JP,

 

925

00:34:48,820 --> 00:34:53,691

Yeah,

 

926

00:34:53,791 --> 00:34:55,460

yeah, yeah.

 

927

00:34:55,460 --> 00:34:57,428

Well, you should be.

 

928

00:34:57,428 --> 00:35:08,840

Yeah.

 

929

00:35:08,906 --> 00:35:12,143

Do

 

930

00:35:12,210 --> 00:35:12,376

that.

 

931

00:35:12,376 --> 00:35:13,077

I was going to say, Tim,

 

932

00:35:13,077 --> 00:35:17,348

but just for a tree.

 

933

00:35:17,415 --> 00:35:20,017

Six 28.

 

934

00:35:20,017 --> 00:35:21,953

at. God,

 

935

00:35:21,953 --> 00:35:23,287

no kidding.

 

936

00:35:23,287 --> 00:35:23,888

Wow.

 

937

00:35:23,888 --> 00:35:26,124

Yeah, Pictures of it.

 

938

00:35:26,124 --> 00:35:27,525

Yeah, sure. Show me.

 

939

00:35:27,525 --> 00:35:29,560

Send me a picture.

 

940

00:35:29,560 --> 00:35:33,498

Like to see it?

 

941

00:35:33,598 --> 00:35:34,799

each family in front of it

 

942

00:35:34,799 --> 00:35:36,000

this year when it was lit up.

 

943

00:35:36,000 --> 00:35:41,239

They're pretty, Nice.

 

944

00:35:41,305 --> 00:35:42,707

how high this tree is.

 

945

00:35:42,707 --> 00:35:44,008

28 sets.

 

946

00:35:44,008 --> 00:35:45,776

I have to use different

 

947

00:35:45,776 --> 00:35:51,849

throughout the house Yeah,

 

948

00:35:51,916 --> 00:35:53,985

he smokes.

 

949

00:35:53,985 --> 00:35:54,552

I feel like.

 

950

00:35:54,552 --> 00:35:55,052

I feel like

 

951

00:35:55,052 --> 00:35:58,055

I would never have been a good granddad

 

952

00:35:58,289 --> 00:36:00,024

because my kids can already go

 

953

00:36:00,024 --> 00:36:00,491

through there,

 

954

00:36:00,491 --> 00:36:01,359

you know, put up a career, and.

 

955

00:36:01,359 --> 00:36:03,494

I don't know, I really want one.

 

956

00:36:03,494 --> 00:36:05,429

I don't know.

 

957

00:36:05,429 --> 00:36:07,165

So I would have to change completely.

 

958

00:36:07,165 --> 00:36:10,701

I think if I had grandkids.

 

959

00:36:10,768 --> 00:36:11,836

Yeah.

 

960

00:36:11,836 --> 00:36:12,670

Okay.

 

961

00:36:12,670 --> 00:36:13,204

son said, you

 

962

00:36:13,204 --> 00:36:15,239

guys don't use that old now.

 

963

00:36:15,239 --> 00:36:18,509

You don't do a tree in the house anymore.

 

964

00:36:18,609 --> 00:36:19,277

And I said,

 

965

00:36:19,277 --> 00:36:20,444

Why don't you go through the house

 

966

00:36:20,444 --> 00:36:21,412

and see how many trees

 

967

00:36:21,412 --> 00:36:23,114

your mother has in this house?

 

968

00:36:23,114 --> 00:36:27,084

Yeah.

 

969

00:36:27,151 --> 00:36:34,025

That's unbelievable.

 

970

00:36:34,091 --> 00:37:06,424

Wow.

 

971

00:37:06,524 --> 00:37:08,159

Okay.

 

972

00:37:08,159 --> 00:37:10,394

fuzes in tinfoil.

 

973

00:37:10,394 --> 00:37:13,364

And then one day, BOLLING goes,

 

974

00:37:13,431 --> 00:37:14,665

The tree's flashing,

 

975

00:37:14,665 --> 00:37:16,901

and I think I see a flame.

 

976

00:37:16,901 --> 00:37:19,637

And the the plug was on fire.

 

977

00:37:19,637 --> 00:37:21,038

my gosh. Yeah.

 

978

00:37:21,038 --> 00:37:22,440

So that's the ornament

 

979

00:37:22,440 --> 00:37:26,177

she made is this melted plug ornament.

 

980

00:37:26,244 --> 00:37:29,013

I'll send you a picture of that, Yeah.

 

981

00:37:29,013 --> 00:37:30,314

Well, was it

 

982

00:37:30,314 --> 00:37:33,317

or was it because of the the, the, the

 

983

00:37:33,517 --> 00:37:36,520

that you wrapped them,

 

984

00:37:36,654 --> 00:37:37,421

Right.

 

985

00:37:37,421 --> 00:37:39,590

So public safety announcement

 

986

00:37:39,590 --> 00:37:43,828

don't wrap your fuzes in tin foil.

 

987

00:37:43,928 --> 00:37:45,129

Well, thank you, Rob.

 

988

00:37:45,129 --> 00:37:46,697

Appreciate everything.

 

989

00:37:46,697 --> 00:37:47,431

We're off to another

 

990

00:37:47,431 --> 00:37:49,700

year, you and I together

 

991

00:37:49,800 --> 00:37:50,067

Yeah.

 

992

00:37:50,067 --> 00:37:52,169

How many shows is this?

 

993

00:37:52,169 --> 00:37:54,272

we do around 253.

 

994

00:37:54,272 --> 00:37:55,239

Wow.

 

995

00:37:55,239 --> 00:37:59,010

Yeah, it's a bunch.

 

996

00:37:59,110 --> 00:37:59,577

Ha!

 

997

00:37:59,577 --> 00:38:02,179

Believe in it.

 

998

00:38:02,179 --> 00:38:05,116

Yeah, That's.

 

999

00:38:05,116 --> 00:38:05,950

That's insane.

 

1000

00:38:05,950 --> 00:38:06,817

Yep, it is.

 

1001

00:38:06,817 --> 00:38:09,120

Well, all right, Rob, appreciate it.

 

1002

00:38:09,120 --> 00:38:10,688

We have another

 

1003

00:38:10,688 --> 00:38:11,989

interesting episode coming up

 

1004

00:38:11,989 --> 00:38:13,224

next week I'm excited about.

 

1005

00:38:13,224 --> 00:38:14,258

Well, we'll talk about it.

 

1006

00:38:14,258 --> 00:38:14,558

Yeah.

 

1007

00:38:14,558 --> 00:38:15,893

Also, we have to announce the winners

 

1008

00:38:15,893 --> 00:38:18,963

of the of the the video of the

 

1009

00:38:18,963 --> 00:38:20,364

for the the giveaway

 

1010

00:38:20,364 --> 00:38:22,233

for the flow adhesive.

 

1011

00:38:22,233 --> 00:38:24,702

So we'll do that on the next podcast.

 

1012

00:38:24,702 --> 00:38:25,770

So there you go

 

1013

00:38:25,770 --> 00:38:26,737

There's been another episode

 

1014

00:38:26,737 --> 00:38:28,172

of On the Floor with Wayne and Rob.

 

1015

00:38:28,172 --> 00:38:29,540

Please stay tuned for another episode.