WEBVTT

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The Carpentry Show with Robin Clevitt,
powered by Festal's new innovative eighteen volt cordless

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range from drills to sours, including
dust extraction, all powered by eighteen volt

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batteries. Discover the more at festal
dot co dot UK. Welcome to The

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Carpentry Show with Festal on fixed Radio. I'm Robin Clevitt with you for the

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next hour. Something I get all
the time from listeners, from followers of

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mine on social media and YouTube is
how do I know I'm charging enough?

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And yes, it is the million
dollar question to excuse the financial pun.

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Okay, so it's not just newcomers
to the trade that asked me this.

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And with inflation and the cost of
living crisis the way it is, we're

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just having to adjust our prices more
than ever. Now we're lucky we can

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do that because we're self employed.
In most cases, if you are employed,

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your looks looking at the radio thinking
I cannot do that. So on

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today's show, I've got two guests
with a wealth of experience to help give

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some advice and I'll share some of
my own thoughts on this too. So

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the last week I have you know, as a carpenter as a creative.

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It could be any kind of craftsperson. You make something, you stand back,

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and even after thirty sort of seven
years of practicing my craft, I

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still get that buzz standing back and
looking. I've been making this slatted wall

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screen out of ply. Would believe
it or not, it's a birch ply

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alternative. I've mentioned it before a
couple of times in the show. It's

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called street tech, so it looks
a little bit like birch PLI, especially

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when you look at the cut edges. It's got loads of plies, very

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few defects and corvoids, which means
there's holes in between the plies. And

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we've built a decorative slatted wall screen
in my garden room with curved walls and

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hidden doors, and it has just
come out absolutely brilliantly. And I just

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think that we should always remember why
we came into this trade, even though

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sometimes the money causes us headaches,
which we are going to discuss. Sometimes

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you need to step back and realize
that we blessed with the ability to think

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about something, make something fit something, creates something. And I think that

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as much as we need money to
survive, sometimes being mindful in the moment

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and doing something like that is super
important. I want to also want to

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shout out at as well, because
he's coming on so well, he's you

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know, he I called him my
apprentice. He's been with me two years

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now, so he's kind of in
his own writer carpenter. I'll give him

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that, but he's also you know, doing some of the stuff I let

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him do. I wouldn't let myself
do that when I was his sort of

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age. Anyway, I'll be joined
by my first guest very soon. Fix

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radio time to crack on. You're
listening to the Carpentry Show with Festal.

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I'm Robin Clevitt and joining me now
is John Argyle, a carpenter with a

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wealth of experience that operates in the
West Midlands as m field refurbishments. What

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would you say the day rate for
a carpenter right now is okay? So

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how much money is a carpenter worth? And is that in line with the

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based expectations in the industry? Okay? So I would say yes if you

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have experience, know if you don't, because you can start it as you

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know, a really low rate.
But I would have said I would have

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said between two hundred and two hundred
and fifty pounds the going rate now for

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somebody with a round about ten to
fifteen years worth of experience. I think

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younger people all always want to earn
more money, but certainly between two fifty

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and three hundred would be if you're
supplying a service. But I think a

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chippy between two hundred and two fifty
at the moment as I know it in

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the Birmingham area. Yeah, and
that's that's really interesting actually, because I

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was sort of you know, if
I had to write down a figure,

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I would have been smack banging in
the middle of that. I was expecting

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you to say, I think,
yeah, I think that's absolutely industry standard.

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Actually, so I mean, and
you're dead right though. What you've

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just said then is the most important
thing. If you're a time served tradesman

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or your own tools and transport,
and you can deliver the product or the

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project or whatever, then yes,
you're worth it. If you're come into

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the industry, you've done a two
year course. No offense to anyone who's

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just coming and done a two year
course, agree, but you need to

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get the experience, and you need
to get the speed up, and you

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need to really sort of you know
get on basically, but yeah, okay,

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So talking about costs, how do
you typically figure out your costs and

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what you need to earn when you're
pricing a job. So I've got a

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couple of different systems I use.
Some people wants to charge them per day.

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Some people want us to charge them
per job. So if I was

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typically looking at doing a job that
I knew would take me about three or

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four days, I would price it
on a week's worth of wages for me

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and for my colleague. Now,
she earns obviously less than me because she's

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only been doing it for about five
years, but because of what she brings

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to the party as well, I
charge that little bit more for her because

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I think she's more capable although she's
only been doing it for four or five

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years. With me, I would
charge a little bit more for her to

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cover some other costs of transport.
But and equally, I'll say it,

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rob, if I'm doing a price
job, then I would almost put another

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hundred quid on top of my day
rate. Then, because it's a job

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that I've got to think about what
happens if I'm a day over. Yeah,

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if we get to the end of
the job, and we can't complete

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it because our xy is at or
multiple contractors. You waited on that last

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day to get it done. You
should be done on the thursday, the

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spark you should have turned up to
up. You put the chaundelier up in

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the conservatory or wherever it was,
and he couldn't come into the Friday.

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So then you've got to come back
and the customers say, we were already

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going to be here. It's that
I call it the test goes too for

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one effect, where they realize they
think all of a sudden, oh,

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he's going to be here anyway,
whilst it's here, we can get him

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to do some extra work for free. Yeah, I know. It's it's

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an absolute classic that John. You've
been in this game long enough to know

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that that happens a hell of a
lot, doesn't it. You know so,

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And you're dead right though about you
know, if it's three days work,

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well actually it's the best part of
a week. You know what you're

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going to do, what you're going
to do in that other time. It's

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no good saying I just have two
days off, because no, we can't

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do that. We need to still
earn money in a week. I know,

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it wouldn't it wouldn't it be lovely? I mean, okay, let's

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talk about how organized things are then, So how organized are you with like

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the financial and running costs of your
day to day work and how do you

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do that? Okay, so I've
got I've got a little bit of input

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from my wife. She's very good. That's sort of saying to me,

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do you think you've charged enough for
that? Do you think that's worth?

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And we've gone through a little system
this year of looking at where we are

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with materials and costs and labor and
fuel and adding that little bit more percentage.

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But if you was to say to
a customer, by the way,

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I'm now charging you three hundred pounds
a day, you probably find you had

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less work than you did if they
think they're paying you two hundred pounds a

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day. And this is where as
you said, pricing, the job will

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be is making sure that you are
low for those extra materials there extra day.

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So what I tend to do is
look at it, sit down,

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work it out, and then I
used to have a system called double that.

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So once you put your vat from
your teals and stuff on, then

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twenty percent then is your profit on
top of that again, so it's almost

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like a we call it double that
if not, but it's that system of

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no exactly where you need that extra
money because if you get to the end

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of the week and you think,
well I got a minute by the time

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I worked that out, it was
actually on less than one hundred and fifty

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pounds day. Price in a job
is much more lucrative. But I think

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sometimes that big figure scares people.
But if they think they've got you for

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two hundred pounds a day plus materials, yeah, if they don't, it's

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not being deceitful. But you've got
to cover your costs somewhere of it with

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everything being more expensive, and that's
extra day that other trade. So you

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know, I look at it.
I've got a little spreadsheet for it.

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But I've been doing it long enough. Very rarely do I lose out on

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a job. I actually end up
with more work rub which is then a

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knock on effect of the next job
because I'm not running a big team anymore.

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Yeah, any three of us.
Yeah, and I think that's a

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sweet spot as well. I mean, I'm I'm a tiny spot. I

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know you're a bit like me.
You'd bring in subcontractors. If you need

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a plaster, you'll bring a plaster
in. You'll get a price off them,

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you might put a margin on it, and that's it. You haven't

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got to worry about it anymore over
you, you know. And what you're

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saying there about the clients, they
think, oh, yeah, I can

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afford two hundred pound a day because
they don't know how long it's going to

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take. But what happens then is
then they're sort of like clock watching you,

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standing over you saying, oh,
I thought you left at four thirty.

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You know, well, I need
to leave it forward to go to

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the supplier on your behalf to pick
up your material in my time. And

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it's all of those awkward conversations that
you end up on daywork. That's like,

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that's why I only ever do anything
on a price. And you know

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what else I do as well.
I actually say here's my costs and here's

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my profit And they say, oh, I said, well, I'm a

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business. I need to earn a
profit. Are you going to deprive me

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of my profit? And do you
know it's it's incredible because a lot of

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the people I work for a professionals
and they totally get it. They totally

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accept it, you know, correct, Yeah, I mean so the cost

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of living, go for it.
No, sorry, I've got my little

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niche of custom now is about a
dozen and they rotate every sort of five

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to ten years. They come back
to me, leave years, do whatever,

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and they'll say to me at the
end of it, are you happy

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with that? John? Are you
making enough money? And I will tell

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them straight yes or no. It's
got I've got to have the state now,

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Rob, where I will only work
for people that are recommended by the

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people I work for. I don't
call call, I don't advertise, I

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don't do any of that good and
haven't done. And I think that that's

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the beauty of being as established as
you are, doing the quality of work

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that you're doing, and having that
knowledge that you've got. I mean,

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you don't need to ask anyone anything
because you've been there and seen it and

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done it. That's why you're worth
what you're worth. Okay. And still

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we still learn every day, Rob, don't from the things that we find.

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Yeah, you take more to the
game. My major was used to

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say to me, it's not what
you can do, John, it's what

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you bring to the game. As
in every part of your knowledge, your

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tools, your experience, your contacts, your suppliers, your subbays. You

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are. You are the package that
people want because they want you to deal

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with everything. They don't want to
go somewhere else to get somebody else to

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do something else. John, can
you sort it? Is afraid? He'd

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I hear so often though. Yeah, I think you're dead right. And

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I was going to mention sort of
about have you adjusted you I know,

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I'll take everything use as a head
in consideration. You're established client base,

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the fact that they're you know,
they're very respectful of you, and they

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want you to make money. But
have you adjusted your prices based on the

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cost of living crisis that aspiring here? I know that petrol's coming down and

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materials are coming down, but all
the other things, I mean, what

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are your thoughts on that? No, this is weird. I went to

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the last job that we just did. It is a customer I've known for

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twenty years, surgeon and his wife, and they live in a really nice

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area of Edge question, and they
told me how much money they were prepared

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to spend on this project. That's
a first for me, Not John,

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how much blah blah, blah.
The time scale was unreal. I was

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never going to finish it on time. However, the cost they get evening,

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I just sat there and I kept
myself because I thought, you know

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what, if they're prepared to pay
this now, then next time we don't

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have the conversation. And it was
very much inflated on what I would have

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charged them. Yeah, well this
is lovely, isn't it very inflated?

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Yeah, yeah, it's rare,
but it's becoming better now because people don't

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want anybody else. They want they
want their job done by the person.

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Yet that has a value in itself. Don't know that has absolute value.

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Okay, a couple of things here, Any tips for carpenters who think they're

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just not charging enough money? Taking
everything into consideration about you know, are

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they established and all the rest of
it. Yeah, I think you see,

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I've I've watched some of my I've
got several apprentices, as you know,

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who are in their twenties and thirties
and forties, and quite regularly we

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talk about this, are we charging
enough? What would you charge? What

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do you think? And we have
this conversation every week in our little group

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on what's up? What do you
reckon for this, John, And I

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now go back to them, say
what do you think I should be charged

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in for this? And I tell
them they go genera, you could charge

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a bit more than that. And
then I come back to somebody who charged

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one of my lads who charged way
over the odds to cut a letter plate

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in an expensive door, and the
customer is more than happy to pay him,

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but then wasn't happy to pay the
cost for the complete reguttering of the

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front of his house. So you
look at it, you think what was

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one person prepared to pay more than
another? And it's not the cars on

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the drive rob or what they do
for a living. It's the service that

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you can provide to them. Do
they feel comfortable paying you one they've paid

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you? Is the job going to
be what you want? And I think

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that's the hardest part of your client
base, because everybody will pay somebody per

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day to do a job. People
are some people are more productive than others.

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I know guys that run sites that
have got subbays that they wouldn't pay

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their lads in rusty washers and the
other lads they want they're not allowed to

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have becaust Apparently they charge ten pound
more a day. Yeah, it's ridiculous.

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It's a gray area. Yeah,
it's a gray area. Ridiculous.

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Well, I'll tell you what,
mate, you are certainly a wealth of

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knowledge, and I will definitely if
you'll allow me to invite you back when

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I need you, that would be
fantastic. You're brilliant. Absolutely, We've

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got so much to discuss here in
this industry. We certainly do. Anyway.

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Sean Matthews, a former Screwfix,
top tradesperson and show regular, will

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join us to give his thoughts.
After some more music, Here's Queen Don't

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stop Me now on fixed radio Fixed
Radio. I'm Robin Clevitt, and today

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on the Carpentry Show, I've been
asking whether you're charging enough for your services

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as a tradesperson. Joining me now
is friend of the show and top tradesperson

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Sean Matthews. What would you say
the day ray is for a carpenter right

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now? And is that in line
with the industry sort of expectations in our

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area the moment, Robin, we're
paying anything between one hundred and forty no

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end about two twenty a day for
a subcontract carpenter um in other areas said

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obviously, I think that they're going
a lot more um and that's sort of

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the average cost. I would say
between for somebody half tidy, you're going

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to be playing at least two hundred
pounds a day. Yeah, and I

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think that concurs with quite a lot
of the rest of the country, to

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be honest, and when when you
reference tidy, explain to the listener what

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you mean by tidy. Somebody's confidence
in your work's got to be able.

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I would expect somebody with a van
with tools, you know, ask as

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many questions as you want. That's
never a problem. You need to be

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confident. You need to be once
everything's explained and you know what's going on,

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to be able to do the task. And then that warrants that you

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know obviously that hourly rates or that
daily rate. Yeah, that's so true,

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isn't it. And I think that
I often reference the fact that if

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you have got your own transport,
your own tools, your time served,

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your reliable, punctual hank, and
hold a decent conversation and do the work

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let's beyond list then yes, you
probably can command the top money in the

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area at the time if you like. Okay, and I know that for

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years. All trades people just chase
the day work, you know, they

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chase the money. My late father
in law was a bricklayer and he would

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dump. He would jump from one
site to another one the next day if

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they were paying five pound more a
day. You know, it's it's on

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one hand, there's no loyalty.
On the other hand, that's just the

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way the industry is, isn't it. Yeah, it is. I try

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to steal away from being from from
the hourly you know, a day work

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rate. I like I said,
I try to avoid the we priced ourselves

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competitively or also, I'm running a
business and any you know, any other

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sub sub contractors out there. You're
running your own small little entity, your

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business. You need to actually equate
into the you know, into the equation

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an element of profit, whether a
customer or a contractor degrees. There needs

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to be, you know, that
element of I'm running my own ship here,

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like I said, you're liable,
you're competential, go your van.

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You've got to pay all these expenses
in the background when you do warrant you

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know, a decent day rate.
But I try and avoid it. I

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try and base a lot of our
work obviously on price work. Obviously in

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the back of your mind. You've
got to keep in your mind these day

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work sort of rates to to work
the figures out. You certainly do.

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And you're exactly like me. You're
exactly like John Argyle, who is my

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previous contributor to this topic. And
I'd like to ask you also, how

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do you typically figure out your costs? Okay, not not pouncing Pence,

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don't don't tell me exactly, but
what you know, how do you figure

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out what you need to earn on
a job? So let's say, how

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do you get how did you come
to a price? I've taken the time

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to break down some of the obviously
the business outgoing for a small business,

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so I've broken down some of the
outgoing there as in the van lease,

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insurances, some of the tool depreciation, buying your tools. There's going to

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be an element to sort of be
a business element in your cost I've included

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some of my personal outco into the
moment because the cost of living is just

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insane, so you want to make
sure they've you've sort of covered covered your

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ass. Really, yeah, they're
working. So I've kind of in my

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own how I price it? I
know where I need to earn a minimum

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per day. Then I'll know from
my studies or the people I bring in

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what they need to be paid,
or I'll give their ideas or canius this

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much for this room, or they'll
give me ideas of costs. So if

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I'm just put based on my own
personal just me doing a job, then

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it would be I'd work out how
many hours I think it's going to take.

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I tend to add a couple more
because obviously you know it would all

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you know, many variable everything.
Yeah, somebody delivers to the wrong address

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and refuses to give you the delivery
because I've had a million different scenarios,

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but delivered old candrels to the house
next door and they've they've been taken to

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another depot and they won't give them
too. Because cover a long story short,

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I'd work on my basic hourly rate, how many hours I think that

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job is going to take. I
usually add a couple because you've got to

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run around from all the rest of
it. Yeah, but now I do

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add an element of profit. There's
a percentage of profit that I add to

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that job anyway, and it's a
it's a decent profit because invariably stuff goes

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wrong costs long. But I don't
want to be Penny Pinchion and come back

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to a customer every two minutes saying, or we put an extra three screws

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in there, and yeah, so
I kind of cover the rather have it

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as they think it's a three week
but it's not. You absorb a little

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bit, don't you. Yeah,
exactly, Yeah, yeah, it's not

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priced to the to the bare minimum. I need a bit of fat on

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it and then that bad gets reduced. Yeah. No, I think I

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think anyone listening to this who's also
doing the same sort of work that we're

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doing, you know, mainly the
domestic market where you're having to cover off

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loads of variables. There's so many
variables. It could be the weather,

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it could be that handra that turns
up the wrong place you can't get hold

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of it, holding you up.
And it could be, as you say,

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having to put more scursy. And
we do have to absorb some of

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that, but experience tells you to
factor that in. You mentioned the cost

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of living crisis. It is absolutely
spirring. We've got interest rates if you're

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coming off, if you're lucky enough
to have a mortgage in the property and

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00:19:17.279 --> 00:19:19.599
you're coming off a fix. For
example, they're doubling and tripling. The

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00:19:19.640 --> 00:19:22.920
interest is doubling and trippling in some
cases, and I know that the banks

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are trying to sort some sort of
help out here and there, but take

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that. I know, fuels going
down and materials are easing, but there's

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lots of other pressures. You know, there's food inflation and that is having

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a knocking effect. And how did
you adjust or have you adjusted your prices

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currently and what are your thoughts on
it? In all honesty, I with

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all this going on, when we're
feeling the pence as well. You know,

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we work Spoke area and we're lucky
with that. We work with some

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really wealthy clients which they're not sort
of penny pension, but from my everyday

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sort of the price and I've had
to up our rates, the carpets of

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00:20:02.319 --> 00:20:06.799
the works and here's rates. Our
subcontractors have become more expensive. So all

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these it's all to be factored in. At first, when it all started

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happening, I didn't I priced a
load of work and I thought, no,

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I'll honor the price, and I
ended up losing thousand, which is

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ridiculous. I know it was still
because I didn't want to go back and

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say I'm really sorry, you know, missus Jones, or this is going

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to cost exam out more. Yeah, she wasn't really missus Jones, or

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she probably it was probably Welsh exactly. No, But I mean that that's

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the thing, and I think that
it's happened to all of us where you

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have actually looked at the end of
the job and realized, well, that

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price just wasn't enough because it took
way longer, had loads of aggravation from

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the client, and it's and I
think when you actually have to produce something

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and get to it across the finish
line, it's even more painful, isn't

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00:20:53.839 --> 00:21:00.119
it. Yeah, We've recently did
a beautiful oak and glass staircase transformation and

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00:21:00.240 --> 00:21:04.640
a job just took concident, just
took much longer that we come across.

331
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Lots a little snares, little things, everything, just every single aspect seemed

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to take longer and be awkward.
But when you're doing a server, you're

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00:21:12.960 --> 00:21:18.839
kind of looking thro well, this
looks normal and that piece everything took long.

334
00:21:18.880 --> 00:21:22.880
We've finished up with an amazing result
and the customers are over the moon.

335
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But I was kind of inside thinking
I've done all this, it looks

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00:21:26.000 --> 00:21:30.000
absolutely beautiful, and I've just all
covered my ass. I know, I

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00:21:30.079 --> 00:21:33.559
know, I know, I know
exactly what I mean. You know,

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00:21:33.640 --> 00:21:36.799
no matter how experienced, how good
you are, especially if you're you know,

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00:21:36.839 --> 00:21:40.680
your standard is incredible. John's standards
is incredible. I like to think

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mine is as well. And the
problem there is we have such a conscience

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that we want everything to be as
close to perfect as possible, even at

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00:21:48.160 --> 00:21:52.200
our expense. You know what I
mean exactly. Yeah, it's just I

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would rather not so much. I
don't want to lose one in every job.

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But if it comes now and again
where where you just don't make any

345
00:22:00.000 --> 00:22:02.359
and you know, the misses.
His moment's saying, oh my god,

346
00:22:02.359 --> 00:22:06.200
you're still on that job. You
know, I would rather be right than

347
00:22:06.359 --> 00:22:11.039
compromise the quality and walk away.
It's just a shame that the every expense

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00:22:11.079 --> 00:22:15.920
by facing it's just ridiculous. I
know, I know. So finishing up

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any tips for carpenters who think they're
not currently charging enough money, and you've

350
00:22:21.960 --> 00:22:25.839
got to look at you know how
you are my life, haven't you?

351
00:22:25.960 --> 00:22:29.559
If you're paying the bills and you're
keeping your head above water. But also

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00:22:29.599 --> 00:22:33.160
if you're also doing a really good
job. It's no good being slap dash

353
00:22:33.319 --> 00:22:37.559
and cutting corners and putting out rough
work and people constantly complain, and then

354
00:22:37.880 --> 00:22:41.200
you know you're going to you're gonna
feel the pinch. But if you're one

355
00:22:41.200 --> 00:22:42.559
of the trades and out there to
do care, you do take a lot

356
00:22:42.599 --> 00:22:47.400
of pride in your work. If
you're still feeling that I'm not even you

357
00:22:47.440 --> 00:22:49.240
know, barely keeping your head above
water, you need to put your prices

358
00:22:49.279 --> 00:22:55.039
up and you'll be surprised that the
customers you will gay will swallow it.

359
00:22:55.319 --> 00:22:56.480
Yeah, we've got a lot of
people who will wait for us, and

360
00:22:56.519 --> 00:23:02.319
we'll pay you know, good money
for work that we're doing. But you've

361
00:23:02.359 --> 00:23:04.680
just got to be confident in yourself
and confidence in your price. And and

362
00:23:04.720 --> 00:23:08.279
if I've always found in the past, you know, as one door closed

363
00:23:08.319 --> 00:23:11.880
as another one does open, oh
god, I don't don't go in too

364
00:23:11.920 --> 00:23:15.880
low and don't compromise. Yeah,
you will find something else. I think

365
00:23:15.880 --> 00:23:22.799
that's fabulous advice. It's remaining strong, okay, and also justifying why you're

366
00:23:22.880 --> 00:23:29.119
charging a little bit more. The
Carpentry Show on fixed radio. This is

367
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the Carpentry show with Festal. I'm
Robin Clevitt, and as I said at

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the start of the show, I'm
always been asked by carpenters, how do

369
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I know I'm charging enough? Well, I mean it is boiling back to

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what both of my guests have said
is it depends on your abilities. It

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depends how far you'll travel, It
depends how much time you've got to devote

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00:23:49.400 --> 00:23:52.680
to the job, whether it's how
many hours in the day, or you

373
00:23:52.720 --> 00:23:56.160
know you need to set your stall
out. You need to say I've got

374
00:23:56.200 --> 00:24:00.480
my own tools, I've got my
own transport. I am confident and competent

375
00:24:00.519 --> 00:24:04.839
about reading a drawing, setting a
job out, actually cutting it and fixing

376
00:24:04.880 --> 00:24:08.359
it. If you know that you're
at that point where you can you know

377
00:24:08.400 --> 00:24:11.079
you can do all those things,
then I think that you should be pitching

378
00:24:11.599 --> 00:24:15.680
at the rate. So we've talked
today about the rates, you know,

379
00:24:15.799 --> 00:24:18.559
sort of two hundred up to two
hundred and fifty pounds a day, and

380
00:24:18.599 --> 00:24:22.400
I think that they're sort of bang
on what the industry is sort of dictating

381
00:24:22.400 --> 00:24:26.039
at the moment. And I know
that there are some chippies on more money

382
00:24:26.079 --> 00:24:30.200
than that. All they are is
the fact that they've actually managed to get

383
00:24:30.240 --> 00:24:33.880
just beyond the point where we're talking
about now, and they've now built themselves

384
00:24:34.680 --> 00:24:38.599
an area, a list of clients, like John sort of ten clients that

385
00:24:38.640 --> 00:24:44.400
he rotates around over the years,
or Sean saying, you know, he's

386
00:24:44.400 --> 00:24:48.160
got some established clients that he works
with, and that's when you can start

387
00:24:48.279 --> 00:24:52.759
factoring a little bit more money because
they're buying your sort of skills, your

388
00:24:52.799 --> 00:24:57.039
knowledge, your contacts, your sort
of experience effectively. So anyway, so

389
00:24:57.200 --> 00:25:00.400
yes, we're saying, yeah,
the cost of living, Christ is this

390
00:25:00.599 --> 00:25:03.880
up your money? What if other
carpenters are charging less and you're being undercut,

391
00:25:03.880 --> 00:25:08.119
because that will happen, of course, because let's be honest, we're

392
00:25:08.160 --> 00:25:12.519
all, you know, at different
stages in our lives. If I was

393
00:25:12.559 --> 00:25:15.279
asked to price the job, and
you're asked to price the same job,

394
00:25:15.440 --> 00:25:18.519
and you're in the job, you're
into the trade for five years. I've

395
00:25:18.559 --> 00:25:22.599
been in it thirty six years,
we might be both ability wise still on

396
00:25:22.799 --> 00:25:26.480
part because you can learn a lot
in five years and become absolutely brilliant.

397
00:25:26.519 --> 00:25:30.640
Just as I've met a lot of
carpenters who are only five years in and

398
00:25:30.680 --> 00:25:36.440
they're absolutely awesome, but in life
terms, I probably am a little bit

399
00:25:36.480 --> 00:25:41.160
more sort of relaxed, because I'm
lucky enough to have managed to have bought

400
00:25:41.200 --> 00:25:44.559
a house in my life. And
you know, as you get older,

401
00:25:44.880 --> 00:25:48.720
your costs do start to decrease,
but in fact they're meant to. Okay,

402
00:25:48.759 --> 00:25:51.559
they don't often, but they're meant
to. I think you just lived

403
00:25:51.559 --> 00:25:53.039
to your means, or you stretch
your means, or your means get a

404
00:25:53.039 --> 00:25:57.599
bit more extravagant. Okay. But
so what I'm saying is, yes,

405
00:25:59.119 --> 00:26:03.160
different people at different times in their
lives will have different needs. You might

406
00:26:03.200 --> 00:26:06.039
be at the point where you're thinking
of getting married. You've just saved for

407
00:26:06.079 --> 00:26:11.119
a deposit for a house, and
your partner now fiance, is saying,

408
00:26:11.160 --> 00:26:12.119
oh, we're going to get married
next year, and you're thinking, hold

409
00:26:12.119 --> 00:26:15.279
on a minute, we've only just
bought the house. We've got to do

410
00:26:15.359 --> 00:26:17.640
the house up. Now we're talking
about getting married. In the end,

411
00:26:17.640 --> 00:26:19.680
you put yourself under pressure. That's
when you start thinking, I need to

412
00:26:19.759 --> 00:26:23.240
charge more money. So, yes, it is so difficult and there's so

413
00:26:23.319 --> 00:26:27.880
many variables, and if someone is
undercutting you, try to move away from

414
00:26:27.920 --> 00:26:33.160
that type of work, if you
like, try to sort of find that

415
00:26:33.279 --> 00:26:37.119
niche find that client that is absolutely
perfect for you, or that sort of

416
00:26:37.160 --> 00:26:41.440
sector that you can earn a little
bit more money in. Okay, and

417
00:26:41.440 --> 00:26:45.160
with inflation, for example, the
cost of something in a supermarket could increase

418
00:26:45.200 --> 00:26:48.680
free times over the course of a
year. So how often should we be

419
00:26:48.720 --> 00:26:53.519
putting up our prices? Again,
that boils down to personal situation at the

420
00:26:53.599 --> 00:26:56.839
time. Yes, we've got a
benchmark in the industry. We've talked around

421
00:26:56.839 --> 00:27:00.279
two two hundred and fifty. Maybe
if you're you can get three hundred a

422
00:27:00.359 --> 00:27:03.920
day, providing you're doing enough work
for it, because people just won't pay

423
00:27:03.960 --> 00:27:08.119
if we're not delivering enough work.
How often, Well, I think that

424
00:27:08.160 --> 00:27:12.480
we should just make sure we watch
our bottom lines. We make sure that

425
00:27:12.519 --> 00:27:18.079
our own sort of prices aren't running
away with us. We're not paying too

426
00:27:18.119 --> 00:27:22.079
much for our materials. Or if
you're pricing a job and it's a four

427
00:27:22.119 --> 00:27:26.759
month job, just sort of hedge
against the materials, maybe say to decline,

428
00:27:26.200 --> 00:27:30.240
this is the labor and I'm prepared
to stand by this. This is

429
00:27:30.279 --> 00:27:33.720
an estimate for the materials. Here's
the list, here's what I'm paying from

430
00:27:33.759 --> 00:27:36.599
now. But in four months,
when they get to the end of the

431
00:27:36.680 --> 00:27:38.680
job. If the doors have gone
up by double, I need to pass

432
00:27:38.720 --> 00:27:44.599
that onto you. And I think
that most clients absolutely respect and understand that.

433
00:27:44.720 --> 00:27:47.839
They might say, is it likely
you say, by the doors now

434
00:27:48.240 --> 00:27:51.839
at this price you store them and
look after them. There's a way around

435
00:27:51.880 --> 00:27:55.319
that. So yeah, there's so
many things about it. I do think

436
00:27:55.319 --> 00:27:56.519
that this topic. Thanks for asking, by the way, if it has

437
00:27:56.559 --> 00:28:03.480
been across the socials or indeed sending
your text messages into Fix here. It

438
00:28:03.680 --> 00:28:07.759
is a topic that we are always
talking about. It's why we go to

439
00:28:07.880 --> 00:28:12.200
work. Ultimately, it's what we
need to do to survive and have a

440
00:28:12.359 --> 00:28:23.079
reasonably normal existence. The Carpentry Show
Fixed Radio. So that's it for today's

441
00:28:23.079 --> 00:28:27.440
Carpentry Show, where I've talked about
how you can ensure you're kind of charging

442
00:28:27.559 --> 00:28:30.960
enough for what you do. Okay, And yes, I will say,

443
00:28:30.960 --> 00:28:36.400
there's so many variables. And if
you're employed, yes, it doesn't probably

444
00:28:36.440 --> 00:28:38.920
apply to you unless you know you've
got a review coming up with your sort

445
00:28:38.920 --> 00:28:41.480
of employer and they say, you
know how you're feeling, say, well,

446
00:28:41.480 --> 00:28:45.079
it's getting a bit tight. They'd
know that anyway, they'd know if

447
00:28:45.119 --> 00:28:49.039
money is getting tight, because sometimes
our headsdrop sometimes we just feel down because

448
00:28:49.079 --> 00:28:52.839
we're just not making enough to cover
our bills. Maybe we're covering our bills,

449
00:28:52.839 --> 00:28:56.279
but we're not having any fun.
We're not going out for restaurant meals

450
00:28:56.279 --> 00:28:59.839
and all the sort of things.
Especially if you're young, you do want

451
00:28:59.839 --> 00:29:03.039
to have a bit of a life. I know that you career is important,

452
00:29:03.079 --> 00:29:04.400
but yeah, it's easy, come, easy go. I mean,

453
00:29:04.440 --> 00:29:08.319
what kind of money should you be
making five years in, ten years,

454
00:29:08.319 --> 00:29:14.359
in fifteen years, twenty years in. I mean it's a really difficult one

455
00:29:14.440 --> 00:29:18.200
that let's take the scenario I mentioned
this. I'm fifty three. I've been

456
00:29:18.240 --> 00:29:22.599
in it a long time. So
I also have got, like John,

457
00:29:22.880 --> 00:29:26.000
a core clientele that I know are
going to call me. They're going to

458
00:29:26.079 --> 00:29:30.039
call me this year, maybe next
year as well. And I sort of

459
00:29:30.039 --> 00:29:34.279
have this comfort that I haven't got
the insecurity of having to chase the work.

460
00:29:34.440 --> 00:29:38.519
Okay, I have had I've had
some really hard times during my career

461
00:29:38.519 --> 00:29:41.480
where I've had a job and all
of a sudden, the firm I was

462
00:29:41.519 --> 00:29:45.880
working for has gone under. Not
only did they go under, they didn't

463
00:29:45.880 --> 00:29:51.119
pay my last three weeks money,
and that puts you behind and straight away

464
00:29:51.559 --> 00:29:55.240
you're trying to find work, you
have an overdraft, you've got to pay

465
00:29:55.279 --> 00:29:57.480
your bills, you don't know what
to do, and then you get under

466
00:29:57.559 --> 00:30:02.279
a lot of pressure. So even
whether you are established, you're in my

467
00:30:02.400 --> 00:30:07.000
position, those things and still catch
you out. I think the golden rule

468
00:30:07.519 --> 00:30:11.319
is make sure you know who's paying
you. I always say this, who's

469
00:30:11.359 --> 00:30:15.000
paying you and when they're going to
pay you. Don't work for some person

470
00:30:15.039 --> 00:30:18.079
who's going to go, Oh,
by the way, finish your job,

471
00:30:18.160 --> 00:30:21.319
sending your invoice and we'll sort out
the payment. You need to know who

472
00:30:21.440 --> 00:30:25.039
is paying you for that, who
is where that money is going from,

473
00:30:25.079 --> 00:30:27.480
and that you're going to get it
when you need it. Okay. Anyway,

474
00:30:27.519 --> 00:30:30.920
that's that's about it for today's Carpentry
Show. You can hear it again

475
00:30:32.000 --> 00:30:36.200
from ten pm right here on Fixed
Radio with more great music. This and

476
00:30:36.400 --> 00:30:40.839
all of our previous shows are available
from wherever you get your podcast online.

477
00:30:41.160 --> 00:30:45.920
Make sure you subscribe, leave a
review so we can continue bringing the best

478
00:30:45.200 --> 00:30:49.240
this industry has to offer. You
can also subscribe to the newsletter for the

479
00:30:49.240 --> 00:30:55.640
show okay, where you get access
to new competitions and exclusive content. Sign

480
00:30:55.720 --> 00:31:00.279
up for that at Fixed Radio dot
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481
00:31:00.319 --> 00:31:04.440
into a draw to win a Makita
site Radio Let's end with Rihanna Only Girl,

482
00:31:04.799 --> 00:31:06.559
have a great week.

