Don't become an electrical contractor until you see this video! - The 360 Electrician

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In this video, we will talk about what it takes to become an electrical contractor. People always ask me what they should do to prepare to take the electrical exam, and start their electrical contracting business. Well, here is just a few things your getting yourself into. It's not to scare you but to show you how hard it is to really have a successful electrical business. Makes you appreciate your current employer a little more right. Before you go on your own make sure you appreciate what your current company offers, what they have done, and what you can do better to learn until you jump ship and open your own electrical contracting business.
Are you an Electrical Contractor or want to be one, use the links below to up your business today! Some links are affiliate links that support the channel.
Make sure you have the right coverage for your electrical business with NEXT insurance - nextinsurance.sjv.io/T360E
Level up your business with The Ultimate Guide to Marketing For Electrical Contractors the360electrician.com Click on Store!
Sign up for one on one coaching from me "The 360 Electrician" here: forms.gle/6PnKLG3qi99tiP6h6
The best all-around electrical software to run your business - Jobber
go.getjobber.com/the360electr...
Check out our Cargo Van setup videos and head here to Ranger Design to put your dream Van together - bit.ly/3OM6RKg
Join this channel to get access to perks. 480v members enjoy a private monthly live session, join now! / @the360electrician
Connect with us on Facebook - / the360electrician
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LinkedIn - / jeff-goldalian-a4a40a248
Thanks, see you on the next one!
Intro to becoming a contractor 0:00
What do people think becoming an electrical contractor is like. 0:34
First, do you have sales, business, and electrical experience? 0:44
Second, can you pass the electrical contractor's exome? 0:59
Three, have you decided on a name phone number, and web address for your business? 1:14
Forth, are you financially ready to start a business? Think about overhead, bill, taxes etc. 1:24
Fifth six and seven, do you know what insurance you need? 1:40
Do you want to cry? 2:02
Eight! Do you know how to sell? Have you downloaded audible? 2:08
Nine, the worst part, TAXES TAXES TAXES! Payroll tax, business tax, sales tax, on and one 2:21
Ten, you finally get paid! 2:31
Finally, the real reason to become an electrical contractor 3:22
DM me jeff@the360electrician.
#howtobeanelectricalcontractor #electrician #electricalcontractor #howtobidelectricalwork #IBEW #ElectricalApprentice #kleintools

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24 июл 2024

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Комментарии : 74

@BlackMamba-gx4zl Год назад

My favorite type of videos. Quick and straight to the point but yet very informative💯.

@datone6360 Год назад

First trade video that I’ve seen so far that acknowledge both female & male trades-fol. Thank you!

@electricianslife1984 Год назад

Great advice thank you for your words

@bchef4u2p Год назад

Thank you for your videos brother God bless. I just recently received my Masters here in VA and these videos are on point sir.

@The360Electrician Год назад

Always love hearing that, lot's more to come as long as God gives me breath to speak it!

@jarrydee2799 2 года назад

In michigan you have to have 6 years. 4 to test for journeyman, another 2 to test for masters, then take the electrical contractors test

@wesleywilliams1380 2 года назад

It can be tough, like you said depending on what state you're in can be a bit hopeless. I'm currently in my 12th year as an Electrician/Electrical Engineer and I'm doing pretty good as an independent electrician in the Maryland, DC - Virginia region but when I tried in New Jersey it felt impossible to succeed. Great video.

@rosaniabrian5960 Год назад

Hey Wesley, Just curious I recently obtained my license in NJ . What did you find challenging about NJ?

@wesleywilliams1380 Год назад

@@rosaniabrian5960 the licenses are regional, not the whole state.

@challengergaming6935 2 года назад

Thanks for the heads up I still wanna be a contractor currently a 3rd year apprentice in school I’m pretty determined and love the trade

@whophead6837 2 года назад

Get 5 years experience in the field. Try various companies to obtain different skills. School can't teach what on the job experience does. Goodluck :)

@arturo9002 Год назад

Im in the exact position as you

@electricianslife1984 Год назад

Thank you for be real about it

@onebasemedia1166 Год назад

Binge watching your content, great channel

@The360Electrician Год назад

Thanks

@adelcamac8681 5 месяцев назад

Thanks you ! Now I going to become an forklift driver. The best forklift driver.

@The360Electrician 5 месяцев назад

lol, let me know how it pays, I may need a backup plan if Cali keeps going the way it is! lol Where you tuning in from?

@adelcamac8681 5 месяцев назад

@@The360Electrician California, los Angeles, I passed the test C-10 . I just wanted to get the necessary to pay my bills and become economically free little by little. I don't know how to get jobs ,that's the problem. I'm trying to take rebate program jobs and I don't know where .is crazy. Thanks for your reply, Any advice?

@The360Electrician 5 месяцев назад

I know money is going to be tight, but it's a catch 22. You need to do a few things right out the gate. Here is what I recommend 1. Coaching call to get your pricing straight. Otherwise, everything else won't really matter if you don't charge correctly. 2. Marketing course. If you do this before you schedule coaching, I'll spend 30 min getting you your first great clients. I will literally make the calls for you 3. Make sure your insurances are in place. Use my link to get a quote from NEXT Insurance. Choose minimums to start out. Vendors may ask to get higher limits, but only after we know they will work with you. After your first few thousand dollar checks we'll see which direction you should go.

@adelcamac8681 5 месяцев назад

@@The360Electrician Beautiful! I knew you wouldn't disappoint me. Thank you so much !😃👍

@nixon8950 2 года назад

Does this cover top to bottom on how to properly sell?

@marlong168 2 года назад

So how much is your overhead? You should do a collab with Upflip. How much is your revenue a year as well if you don’t mind us asking?..

@yellow8954 2 года назад

This video and these comment have inspired me

@The360Electrician 2 года назад

Thank you!

@allanguindon2156 2 года назад

#12 - Are you ready to deal with customers that don't pay? #13 - Are you ready to deal with employees who want more money because they think they are God's gift to you?

@The360Electrician 2 года назад

Oh man, I've never had issues with #12 but #13 is a tough one. I'll try and do a video to help in #12

@allanguindon2156 2 года назад

@@The360Electrician I havent seen all of your videos yet, but can you talk about your organizational structure? Thx.

@justinmckibben4534 2 года назад

lol yep on #13 and there are plenty of them!

@rickjones6414 2 года назад

Thanks for the Reality-Check! I don't mind contractor's insurance, but the commercial auto insurance is a deal-breaker because that could get very expensive. I need to really check into the numbers $$ there before proceeding. Great video.

@Spartan-xg7vg 2 года назад

Right now I’m studying to become an electrician once I finish the course I’m a certified electrician.I live in Californian so your telling me once I get 4 years of experience I can apply and take the test for an electrical contractor and that’s all??

@The360Electrician 2 года назад

Yup 4 years of documented payroll hours! However getting the c-10 is easier then staying in business unfortunately. The trade is only 50% of the business. Sales, bidding, accounting, employees....goes on and on!

@ryan6391 Год назад

Hi, would you set up an LLC, S-Corp or C-corp? I'm starting a partnership to do an electrical service business, start out just me and my partner and we may hire on 1 to 3 people. If you already have a video on this can you please point me to it, I tried searching but no luck. Thanks for the help and love the channel! Thanks again Bud!

@The360Electrician Год назад

Hey Ryan, you really need to consult an accountant for this. I have an LLC and an S-corp on my companies. Both do diffrent things. Also depends on your state. When going into business with a partner, always talk about the worst case senario's, pray they don't happen but have everything in writing. I have even gone as far as getting life insurance on a partner to buy out the Wife if anyting were to happen to them, and vise versa. Lot's to unpack. Maybe a good idea to put out a video. Thanks for the support!

@IXxSlipKnotzxXI 2 года назад

So I have earned a 4 year Bachelors in Construction Management. I thought maybe getting an electrical license.. Not anymore. Thanks for talking me out of something I wasn't prepared for.

@BradTheGigaChad 2 года назад

How much money can you make an a good year and how much would you recommend do you have in the bank on starting business

@The360Electrician 2 года назад

How much you make depends on a lot of factors, where you live, what your skills are and who you work for. A good journeyman averages about $25/hr plus.

@BradTheGigaChad 2 года назад

@@The360Electrician I mean as a contractor nota journey man though, gross wise!

@joenavarro9317 2 года назад

@@BradTheGigaChad gotta pay him to answer that question lol

@The360Electrician 2 года назад

All great questions. There is no one size fits all. The one thing I can tell you is done get into debt before you start. Buy used rent borrow to get started. Each job you get that leaves a chunk of extra cash save or buy another tool that will make or get you more business.

@AyoMary-rb5dp 3 месяца назад

How can I join

@adrianalcoser9959 2 года назад

Hey bro . So I have 7 years experience. Non union 2 years and 5 years in the union Going on ,1 year as a journeyman . B.S in electrical engineering. I’m ready to take the risk . My question.based off your video . Do I have enough to apply for my C-10?

@The360Electrician 2 года назад

Hey Adrian, I assume you are in Cali for a C-10. Yes if you want to be an electrical contractor you will still need to take the C10 and Business test.

@stanmoney8470 2 года назад

If your a Journeyman can you do small electrical jobs under a handyman business in texas without a master?

@joenavarro9317 2 года назад

You can do the work , just need to have a master pull your permits that but that’s if you have journeyman license

@stanmoney8470 2 года назад

@@joenavarro9317 what if its just service work, not construction?

@afewshadesofblue9453 2 года назад

That’s a lot to chew on. But look. You can’t be fully ready. No entrepreneur/business owner read a book, took a test and made a self-sufficient company in a year or even 5-10 years for that matter. They didn’t even master their craft. You will literally learn this stuff as you go. Marketing and sales will come as you go. Hire independent contractors if you can’t afford full time employees. Use thumbtack, Tasker, handy. Until you’re able to generate your own leads. Yes everything he said is true. But figure it out as you go. Bills will get high but continue to tweak your business until you can float again. You may get sued and go out of business. Open another LLC. Life isn’t a multiple choice answer(in most cases). And if you choose the wrong letter you fail. Life is totally about failing and tweaking the little stuff along the way. You got this. It’s fun. It’s just serious. But You got this!

@The360Electrician 2 года назад

Well said, thank you for adding value to the conversation. This is what the channel is all about.

@Angelking93 Год назад

easy is only surface level!!!!

@opietwoep1247 2 года назад

Number 11 you are at work 24/7 365 days a year.

@jg5229 2 года назад

Yes that's for sure, especially when starting out.

@The360Electrician 2 года назад

Lol yes I remember those days, they say don't compare your Beginning with someone else's middle. Start when you can it's never too late

@lorenguaylg 9 месяцев назад

Subbed

@The360Electrician 9 месяцев назад

Awesome!

@FENTANYLJET Месяц назад

Don’t you also need to work for 12,000 hours? 8,000+4,000 journey level?

@The360Electrician Месяц назад

Sue add that on but I'm assuming your there already

@FENTANYLJET Месяц назад

@@The360Electrician someone is telling me you can skip the hours and apply for the test and im just dumbfounded.. I doubt that.

@The360Electrician Месяц назад

What state?

@tormozmomotok 2 года назад

Hi, are you legitimately interested in helping others become more successful? I’ve been a journeyman for 13, contractor for small jobs here and there for 3 years. Would love to learn more and get better, but every where I’ve ever turned to other contractors no one ever willing to give any tips or teach anything that’s why I’m super skeptical someone is willing to give away secrets and help without selling them anything? I sure could use help

@The360Electrician 2 года назад

You've come to the right place. Depending on how serious you are and what your willing to invest, time money etc. With RU-vid, coaching and sites like this you can get the help you need.

@daddy7036 Год назад

😩

@BradTheGigaChad 2 года назад

Does being a contractor ever get passive in a way

@BradTheGigaChad 2 года назад

One’s business is good

@The360Electrician 2 года назад

It's funny you say that. I just made a video on how I work 10 hours a week at times but still manage over 100k a year.

@BradTheGigaChad 2 года назад

@@The360Electrician wow could you drop the link if possible? I love watching these videos!!

@The360Electrician 2 года назад

@@BradTheGigaChad I have early access to members. Thanks

@BradTheGigaChad 2 года назад

@@The360Electrician ok

@charliestone892 Год назад

I just want my restricted license in Georgia not start my own business yet

@dwalker3933 Год назад

299.00 or 2.99 a month..lol

@The360Electrician Год назад

2.99

@liftingisfun2350 2 года назад

You have a pretty bad attitude, thanks for the info though. None of this is really demotivating.

@The360Electrician 2 года назад

I hope not. The trade has been a blessing but people should know it's not as easy as it seems and before leaving one should weigh the differences between being an employee vs. an employer. Both have plus and minusus.

@liftingisfun2350 2 года назад

@@The360Electrician fair enough