Recently, Hard Hat Hunter had the opportunity to attend an event where key note speaker, Bryan Baeumler14 appeared on stage to share some of his industry experiences. For those who do not know, Bryan Beaumler gained his fame across Canada and the US during his first debut on HGTV with his construction company – Baeumler Quality Construction. Since then, the Baeumler name has grown immensely and now consists of Baeumler Approved, Baeumler Production, Baeumler Media and Baeumler Family Foundation for Kids.
Bryan’s credible industry knowledge and witty humor kept the crowd engaged throughout his entire presentation. During his speech, Beaumler talked about his childhood, his education and how he became the successful business man he is now. Some of his tips included property rentals and renovations – something Bryan is well-versed in. One of the main topics uncovered was in regards to budgeting. He explained that people are far too optimistic when pricing out jobs and therefore, end up well overbudget. His main takeaways to prevent going over budget consisted of:
- Set a budget, then make a plan around it; not the other way around. It’s much harder to make a plan then set up a budget that will likely result in overbudgeting. Therefore, set a budget and find a plan that fits it.
- Cut back on all the ‘shiny’ stuff. Be realistic about what you want. Truthfully, everyone wants the biggest house or the nicest bathroom but it’s important to be realistic about what you would like and what you can afford.
That being said, by setting up an accurate budget and creating a realistic plan to match, the budget is more likely to equal its estimated cost. Beaumler also talked about the importance of being realistic about the work involved with renovations. In many of his TV shows, Beaumler appears to be the perfect handy-man who never makes mistakes however, he reminded us that this is simply the reality of television – they only show you what they want you to see.
Although Bryan’s line of work requires a lot of time, effort and mishaps, he believes the work is worth the outcome and if you’re willing to put in the effort, you’ll get there. Essentially, “no one is going to hand it to you, if you want something go out there and get it. “