ECN Electrical Forum - Discussion Forums for Electricians, Inspectors and Related Professionals
ECN Shout Chat
Shout Box
Recent Posts
"Esoteric" countries and their wiring practices?
by Texas_Ranger. 04/20/19 07:00 PM
Norwegian power?
by Texas_Ranger. 04/20/19 06:27 PM
Welded Copper Connections
by gfretwell. 04/19/19 04:46 PM
Israel
by annemarie1. 04/18/19 02:35 PM
Water heater calculationsSo when I count calculati
by watersparkfalls. 04/13/19 12:43 PM
New in the Gallery:
What is this for?
Plug terminals
Who's Online Now
0 registered members (), 7 guests, and 8 spiders.
Key: Admin, Global Mod, Mod
Previous Thread
Next Thread
Print Thread
Rate Thread
Pricing too low? #156392
04/27/05 11:35 PM
04/27/05 11:35 PM
D
Dave55  Offline OP
Member
Joined: May 2004
Posts: 697
Crystal Lake, Illinois, USA
I couldn't resist. Do you think you're pricing too low? Can you think of some great things you could do if you earned a decent profit on your investment? Maybe you could actually retire with a retirement fund, buy better tools, get a reliable truck, advertise to bring in more business to earn more profits.

Dave

Business, Office, Estimating, Legal:
Re: Pricing too low? #156393
04/28/05 07:18 AM
04/28/05 07:18 AM
R
Redsy  Offline
Member
Joined: Mar 2001
Posts: 2,056
Bucks County PA
I undestand that this is a BUSINESS forum for Electrical CONTRACTORS and profits are very important.
But, having quit a large corporation after 24 years and being disgusted by LUST for continually increased profits, I am opposed to maximizing profit as an obsession.
I, like many small contractors are content (at least for now)to be able to make a decent, honest living, work every day, and earn enough money to save for vacation and retirement.
I see nothing wrong with wanting to establish a business that grows, and can be sold someday, but not everyone on this site has the same aspirations.

As Dnkldrf said-

We all do our own thing.

[This message has been edited by Redsy (edited 04-28-2005).]

Re: Pricing too low? #156394
04/28/05 08:11 AM
04/28/05 08:11 AM
D
Dnkldorf  Offline
Member
Joined: Dec 2004
Posts: 1,064
nowhere usa
Redsy,

Well said...

Re: Pricing too low? #156395
04/28/05 09:39 PM
04/28/05 09:39 PM
D
Dave55  Offline OP
Member
Joined: May 2004
Posts: 697
Crystal Lake, Illinois, USA
How would you feel about working for yourself for 24 years and having little to show for it? If I want to stay in this line of work I have to get out of installations. My body is becoming "worn and torn". I can either give it up, or hire a tech to replace me. The only way that will happen is if I become the manager and build the business. I may be able to last 15 or 20 more years as a manager, but only 5 or 10 as an installer.

It's not lust for profit, it's expecting a return on my investment. Who in their right mind would invest thousands of dollars without expecting a return?

Dave

Re: Pricing too low? #156396
04/29/05 11:14 PM
04/29/05 11:14 PM
S
slumlordworker  Offline
Member
Joined: Dec 2003
Posts: 84
south bend indiana
in reply dude when you are working for your self and are in it for the long haul being cheap is ****ed up and will lead to crap down the road


Featured:

2017 Master Electrician Exam Preparation Combos
2017 NEC Electrician
Exam Prep Combos:
Master / Journeyman

 

Member Spotlight
Alan Belson
Alan Belson
Mayenne N. France
Posts: 1,803
Joined: March 2005
Show All Member Profiles 
Top Posters(30 Days)
Popular Topics(Views)
254,546 Are you busy
190,777 Re: Forum
180,501 Need opinion
Powered by UBB.threads™ PHP Forum Software 7.6.1
(Release build 20180101)
Page Time: 0.023s Queries: 14 (0.005s) Memory: 0.9680 MB (Peak: 1.1050 MB) Zlib enabled. Server Time: 2019-04-23 22:05:13 UTC