Well, first I'd like to wish Scott luck on any endeavor he may embark on. Here in my area, the competition is extremely saturated. Tons of resi/comm contractors paying below avg wages, and plenty of laid off industrial electricians searching and or traveling for work just to barely make ends meet. As a young entrepeuner, my job is a daily challenge to find a market less saturated, analyze the demand and execute a plan to economically fill that demand. My company serves a "niche" market, ( 24/7 service/ water/wastewater/lift stations/retail facility/light industrial/design/build ).
Our prices are higher than most EC's in area, and we still avg 20 calls a day on a slow day, sometimes 40 a day. We bring an honest price, with quality work to a market that lacks quality EC's., and it has worked very well for us( with only 3 crews we clear 1 mil in revenue, with plenty of time for family and fun. My guys are very loyal, they work hard and enjoy their job and our customers. I guess what I'm trying to say is that with proper market research and analysis, you CAN find a market that you enjoy serving and from there, anything is possible.
Best of luck
Quinn