I don’t really share this much —
I just passed the 100 contractors mark that I’ve been able to help through @buildnational. Now, a few of you have seen how I built a $1 million revenue electrical business in my first 4 years. And it had nothing to do with working harder. It’s actually the opposite. It came from securing long-term relationships/contracts, repeat/bulk work with service agreements attached. And the key to it all was understanding MY NUMBERS so I could stay competitive and still close the year at 42% NET profit. We’ve been featured in Forbes and, together, broken down stigmas around construction that keep contractors stuck. All of this—while traveling the U.S. sharing our story. At the end of the day, I just want to make sure you have everything you need to take full advantage of contracting. If you want to have a conversation or just connect, I’m here to serve.Do Electrical Contractors Understand Costs ?
I’m not talking about materials and labor. I’m talking about the real costs, not just the bare minimum ... the hidden stuff that slowly eats away at your margin while you’re out chasing the next job. After spending the last few months traveling with contractors across the country, I keep seeing the same problem: Everyone talks about revenue or price like it means anything So here I created another visual... A Blueprint to Understanding Cost — Because I’m tired of watching good contractors work hard and still stay broke. This is everything that goes into the number before you even think about profit. What do you guys think?HELP Too Many Electricians Google Prices — Not Enough Understand Margins
The last 6 months in our masterclass, we been talking with contractors throughout the USA- and one thing has shocked me personally about Electrical Contractors... Most electricians aren’t building pricing based on math, they’re just guessing. This is a shock to me because so many of us worked our A$$ off to apply and take the state exam. Yet, we fall back to asking Facebook or Googling “how much to charge for [x].” Another thing I saw was many copying what the other guy charges without knowing if he’s even profitable, or the fact their competitors have a different overhead. Am I the only one going crazy here? I built this visual as a blueprint for the trades. If you wire jobs with code compliance, you should price them with the same level of attention. What do you all think?What should a 200 AMP Service Upgrade Cost in 2025?
Good Afternoon, We just posted a short video breaking down how modern electrical contractors are actually pricing a 200 Amp service upgrade in 2025 —we go into detail about the COST for these services, to us as CONTRACTORS. For example permits, labor, overhead, profit, and final margins. In the comments we see that prices vary all across the USA - so I wanted to ask you all, how do you go about pricing? By the way I'm based out of Connecticut / Massachusetts. Thank you all
