goldstar
Senior Member
- Location
- New Jersey
- Occupation
- Electrical Contractor
You are truly blessed. Go out and buy a lottery ticket
Economy
- Thread starter Len
- Start date
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charlietuna
Senior Member
I compare it to our industry in the early 90's ! Of course today's situation is more serious. The unlicensed will always be there - good times or bad. Some areas rebound much faster than others, thats a fact. And a bad economy helps flush the bad contractors out of our industry which in the long run, makes for a faster recovery overall. Just get small,cut every corner,treat your customers right and ride this out. Although everything has stopped --the need for all that "stopped work" continued to grow over these past years-- and those that survive will be very busy for years--like the ninties!
kwired
Electron manager
- Location
- NE Nebraska
during slow economic times people still need service work and smaller installs. Contractors that only want to do new installs have a hard time, contractors that do all types of work just shift the majority of work to other areas, it may still be less profitable at times but they are still working.
Get into energy efficiency updating. If you can convince a customer something will pay for itself in a reasonable amount of time some will be interested in installing it, do some background work on informing them on what rebates or tax breaks they could receive from the install.
I have done some T12 to T8 lighting upgrades, I have also calculated returns on investments to be 10 years plus in some cases and informed the customer that it probably was not in their best interest. Being honest with them on things like this may get you some other job in the future.
Get into energy efficiency updating. If you can convince a customer something will pay for itself in a reasonable amount of time some will be interested in installing it, do some background work on informing them on what rebates or tax breaks they could receive from the install.
I have done some T12 to T8 lighting upgrades, I have also calculated returns on investments to be 10 years plus in some cases and informed the customer that it probably was not in their best interest. Being honest with them on things like this may get you some other job in the future.
ty
Senior Member
- Location
- 3rd Rock from the Sun
It cracks me up when I read all the stuff people write here. Economic experts they are. Or so they think
I guess I'm a wanna be.
Scott,
I don't think you are a 'wanna be'.
I think you are a guy who thinks outside the box to compete and get the job.
e57
Senior Member
- Location
- San Francisco, CA
I'm gonna agree solely on the basis that the economy is based on confidence. Confidence to go out and spend or build something, and confidence to charge the freekin bejesus out of them for it! - All these idiots cutting thier own throats are hanging everyone else...
So lets think happy thoughts of over-charging and too much work to even answer the phone... Maybe it too will come true....
And I don't need a weatherman to know which way the wind blows.
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hardworkingstiff
Senior Member
- Location
- Wilmington, NC
I know my last post on this thread said I was dropping this, but I have to share just a couple more thoughts.
http://www.neweconomics.org/sites/neweconomics.org/files/The_Great_Transition_2.pdf
I have much to say on this subject, but I do realize this is not that type of forum. I thank the mods for your tolerance of what I've posted here. I ask that each of you read the 1st 10 pages of the link I posted and give some thought to the big picture. We really are running out of time to come together as a people of the world.
http://www.neweconomics.org/sites/neweconomics.org/files/The_Great_Transition_2.pdf
I have much to say on this subject, but I do realize this is not that type of forum. I thank the mods for your tolerance of what I've posted here. I ask that each of you read the 1st 10 pages of the link I posted and give some thought to the big picture. We really are running out of time to come together as a people of the world.
Sounds a lot like Karl Marx to me. What the report is suggesting has already been tried. Redistribution of wealth and land is not a new concept. We tried Marxism during the Great Depression with farms and land. Whole projects of people working as "one" to achieve the greater good. It failed miserably. America in 200 years went from being a nothing to the greatest place on the earth. Ask the thousands that flock here every year.
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