Started with 300 euros and his company grew to seven people
Is it worth quitting your salaried job to start your own business? A construction professional with years of experience took the leap: he became a sole trader, hired his own crew, and today his company is still standing, albeit on the edge. The starting point was minimal: 300 euros, a van, tools, and a couple of advance payments for work with dates marked on the calendar.
And nothing else. No visible assets or safety net. Everything else was built brick by brick with one number fixed in his mind: each worker costs about 110 euros per day. No less.
What you pay before invoicing a single euro
The fees don't wait for clients to arrive. The first sole trader payment was less than 60 euros per month, but the advisor already charged 160 euros plus VAT, and managing payroll isn't free either. In a parallel case, a corporate sole trader received her reduced fee of 148 euros — with the relief of not having to claim it — and her agency charged her 150 euros plus VAT. "You haven't even peine for business yet, and everyone's already taking their cut," he summarizes.
The full breakdown of fixed expenses, bill by bill, paints a picture not found in entrepreneurship brochures.
The mishap that eats into a project's margin
Things go wrong on their own. One job nearly resulted in a loss: the person installing a bathroom countertop pierced a pipe, the one fitting the bidet hit a drain, and the tiling, a nightmare, took days. The margin vanished. "It's hard to get it right: if you charge too much, they don't hire you, and if you charge too little and have an accident, you lose money", he admits.
Some advise: never accept more work than you can complete on time, because overlapping projects and rushing at the last minute leads to losses. And watch out for fixed costs: every payroll is due even if work stops.
Growth is also scary: payroll without work in sight
Adding people means adding fees and commitments. The business went from two people — him and his brother — to a structure with several permanent employees, some temporary depending on the workload, and a flyer distributor one day a week. The company reached seven people.
What if there's no work one month? That's the sleepless nights. That's why some prefer word-of-mouth over a website, while others recommend the opposite: a site with a mobile number and WhatsApp clearly visible, before and after each job, and paid advertising on search engines. "Forget organic positioning, focus on paying to appear first," advises a veteran of the sector.
The health-related pause and reconstruction
Not even the best plans survive a body that says enough. A health issue kept him off work for months and forced him to lay off the staff. The stress of the flanks, he calls it. Upon returning, he had to start over: logo, website, advertising, and a marketing campaign to regain workload. As if it were the first day.
Around him, the trade is divided between those who encourage hiring as soon as possible and those who remember that being a sole trader in Spain is the closest thing to slavery that exists. There are also those who recommend, without much shame, operating in the informal economy — advice that, with the tax authorities watching, is costly — and those who warn that a VAT refund can trigger inspections.
The result, today
The company is still afloat. It's not euphoria; it's survival with a calculator nearby. Now it's time to formalize, project an image of solidity, and take a course to legally represent the business. What started with 300 euros and a van now pays several salaries.
To date, the question that started it all — is it worth it? — still has no clear answer. At this rate, it seems less like a success story and more like an act of faith with invoices. And while the average sole trader keeps crunching numbers, someone will continue paying their dues on the first of the month. Rain or shine.
Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication.
Read the full discussion (200 replies).
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