What is the one piece of advice you would give to someone wanting to start a drywall company today?
In addition to comments like “good luck” and “don’t do it,” we received these responses:
In these still uncertain world times, work on cash, not credit and you may survive another market crash!
It's easy to make a small fortune in the drywall business—start with a large one.
There is always room for a good company and a good competitor.
You will not get paid in a timely manner. GC’s payment schedules are much slower than what you would expect. Do not underestimate the lack of people paying on time.
Dad told me you will need a good accountant, banker and a lawyer on your team. He added a psychiatrist and would like to add hitman but will not as it is not politically correct so we’ll add hitperson.
Other than be financially stable. I would say keep your word and communicate with your customers as much as possible. If you can’t start a job on time, you let the customer know. It’s better that you are truthful and communicative than ignoring and leaving the customer wondering if they made the right decision by hiring you. Be the professional.
Be humble and ask for help. It will save you a lot of heartache and you can always work on doing things your way as you grow.