Detailed Project Work and Financial Milestones
5:00
21:29
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At 5:00 in
21 year old BUILT a 3 million dollar company
What happens here
Garrett, working deep in a trench on a foundation, explains the ongoing work, which includes digging foundations for multiple housing units (a 5-plex, 9,000-10,000 square feet) and installing sewer and water hookups using 1 1/4 inch PEX pipe. He mentions that one of his team members holds a Minnesota pipe layer's license, which is crucial for such specialized work. Garrett confirms their company hit over $3 million in revenue this year, surpassing initial projections and achieving a solid 25% profit margin across their jobs.
Goal: Understand the specifics of their current projects and confirm their financial success.
Tools and materials
- Excavator Bobcat E45 — Digging foundations and trenches
- PEX Pipe — Installing water lines
- Foam Insulation Boards Foamular 250 — Providing insulation for foundations and pipes
- Radon Rock — Underneath living spaces for radon mitigation
- Sand — Backfilling around pipes and foundations