Mom left 6 six figure American Express Job for Handyman Business?

Liz Picarazzi The Top Podcast Episode 146

In Episode #146, Nathan speaks with Liz Picarazzi, of Checklist Home Services, a business dedicated to organizing professionally run handyman services. Listen as Nathan and Liz talk about the hidden cost of running a handyman services in New York City and a new business known as City Bin.

Famous 5


Time Stamped Show Notes:

  • 01:00 – Nathan’s introduction to today’s show
  • 01:38 – Liz joins the show
  • 02:10 – Liz started the business because she was disappointed in outside contractors for home services.
  • 03:50 – Most customers find Checklist through Google search and they can customize their to-do list room by room.
  • 05:00 – Checklist completed 65 jobs in October – the business is run by a local team of dedicated craftsmen.
  • 05:41 – Checklist’s numerous services include TV mounting, AC installations, furniture assembly, painting, and caulking/grouting.
  • 06:55 – The most common service purchased is the “Handyman for a Day” which is between 595 and 725$.
  • 07:41 – Checklist’s craftsmen are benchmarked against those in the same field – they’re paid between 15-35$ an hour depending on their experience.
  • 08:50 – There are a lot of unexpected costs running a handyman service –it needs to be licensed, insured, and take into account worker compensation which is 20% of a craftsman’s payroll.
  • 10:51 – Per 400$ job, Checklist will make a net profit of about 60-75$.
  • 11:21 – Liz has launched a second business related to Checklist – City Bin.
  • 12:23 – Liz was making 6 figures at Bank of America before she started Checklist. (to get an idea of what she was doing before.)
  • 14:39 – Famous Five

3 Key Points:

  1. Running a handyman service has a lot of hidden costs like licensing, insurance, and worker’s compensation.
  2. Juggling a corporate job, motherhood, and marriage is hard, but doable.
  3. It’s important to explore what makes you happy and to have a good understanding of how to frequently feel good.

Resources Mentioned:

A few too many disappointing experiences with home contractors gave Liz Reisch Picarazzi the idea for her business. Liz personifies her company’s target customer. She’s spent the last decade juggling a corporate job, motherhood, and marriage, barely having enough time to maintain and improve her family’s biggest investment – their home. Inspired by a book that reminded her how much she loved shop class in middle school, Liz took a leap of faith and started Checklist Homes Services in 2011.


Show Notes provided by Mallard Creatives