There is a misconception that you have to attend a university for several years in order to land a career that will make it possible to earn big bucks.The truth is that tradespeople are earning a lot such a plumber in Brisbane but the challenge is that the money is not spreadevenly to each of them. They are required to work hard and they must have a strategy when it comes to establishing their business.
This is what happened to a plumber who started from the ground up, two decade and a half ago, who only have his youth and enthusiasm as driving forces. Despite the fact that Adrian Fadini had a line of clients making appointments here and there, he does not have an idea how much to charge to each of his customers.
Among tradespeople, one can say that there is no specific logic followed when charging rates to services. Majority of the time, those that are working as apprentices for a company have been in a position where they don’t know the fixed costs and how much they should put in for their labour rates. At the end of the day, the money they are earning is something they have made up and assumed they should be earning.
There are instances when you are not smart enough and you find yourself in a predicament where you can’t fulfill your taxes, pay all your outstanding debts and ultimately you find that you don’t have enough cash to pay your employees because you don’t have a clue right from the start.
This is what happended to Fadini but he found ways to overcome it by talking to other successful tradespeople and doing some research. In the end, he decided to sell his business and it was rebranded.
They are now entering a new venture as a platform that offers digital toolbox for all tradespeople. This tool will help new business such as a plumber in Brisbane starting out to figure out how much they should actually charge their clients. It is Fadini’s goal to make sure that no one goes through the financial hardship he went through.