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Updated almost 8 years ago on . Most recent reply
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How to become a contractor?
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![Michael Hayworth's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/317897/1621443832-avatar-mhayworth.jpg?twic=v1/output=image/cover=128x128&v=2)
You don't need a degree.
You do need good, broad knowledge of the trades.
If you're in a state that licenses GCs, you also need good study skills and test-taking ability. (Although I have no idea what y'all test 'em on up there. I get licensed GCs coming down from NY & NJ looking for work who show me a license and tell me how hard it is to get, but some of them couldn't find their *** with both hands.)
You need the ability to estimate and price a job accurately.
You need the ability to hire good employees, find good subcontractors and maintain those relationships.
You need the ability to negotiate pricing and terms with suppliers effectively - makes a big different with thin margins.
You need the ability to work with clients and create win-win scenarios.
You need the ability to keep your head and find good solutions when everything goes to ****, because that's going to happen eventually. (If it happens daily, though, the problem is you.)
And very importantly, you need to know how to run a business - a real business - profitably or you're basically taking on a ton of extra responsibility and still really just working for wages.
Other than that, it's a piece of cake.