And I was warned a hundred times.....Upon opening my Electrical company 4 years ago, I wanted to be a big time Electrical Contractor. It all seemed like everything was headed in the right direction. I solicited buisness like crazy. Went after it full steam ahead and before I knew it I had more work that I knew what to do with. What else right? HIRE MORE MEN.. 12 paid enemy's later, a $7000.00 payroll, Supply house bills raceing out of control.Jobs that looked like my 3 year old daughter did them and a bunch of screaming customers. It was a NIGHTMARE. Im finally all cleaned up from that mess. This is just a word of advice to those who have BIG dreams.. GROW SLOW. your company is only as good as your employees no matter how good of an electrician YOU are...
Golf, I think you may have hit an very important point. My favorite builder says the biggest problem she sees from her trades is lack of leadership on the job. If the lead guy on the job is weak on the fundamentals (leadership or craft) it is reflected in everything the rest of the crew does. You really need to build teams. That is probably a worse problem here where people get paid in sunshine and just skip around the trades working wherever they get paid the best. Right now, it seems, a lot of electricians are nailing down shingles.
#50200 - 03/26/0511:42 PMRe: Too Big Too Fast (be careful there paid enemies)
I think you would find beter help if you payed more then $14.58 per hour I don't get out of bed for less then $46 Thanks for the growth advice. I do think about openen a shop but just want to stay small. Is that a choice I'd have I don't know?
#50201 - 03/27/0504:46 AMRe: Too Big Too Fast (be careful there paid enemies)
Guys, I have to side with Bob (iwire) here. Surely the whole lot can't have been that bad. Northstar, to come in here like that and basically run all of your staff down as you have, tends to make me think that you have a lack of people skills. Sure, it's only my opinion, but why do you call your staff "paid enemies"?. I think a change in mind-set might be in order.
Let's face it, these days if you're not young, you're old - Red Green
#50202 - 03/27/0508:06 AMRe: Too Big Too Fast (be careful there paid enemies)
Also, a $7000.00 a week payroll? With 12 employees? That works out to be an average of around $14.50/hour. At least a couple of these are licensed journeyman? Thats a pretty small pie no matter how you slice it.
Here in the northern Minnesota area where I live there are over 50-60 electrical contractors within a 25 mile radius. Why? I believe its because the few larger established ones don't pay well enough. Nobody can effectively live and raise a family these days on those kinds of wages, so they are all forced to go at it on their own, once they have enough time in for the master's license.
And its not like these low paying contractors couldn't afford paying better, most of them live in $500,000+ lake homes, drive around in brand new matching his and hers Hummers, and spend endless afternoons rubbing elbows with their cronies at the country club.
They cut every imaginable corner when it comes to the jobs they do, yet they charge the customer big city fees. But they have an established business, so the work keeps trickling in. They will make deals with apprentices to fudge on their hours so they can take the journeyman's test early, with the agreement that the guy stay there for a minimum number of years.
Before you go running down your help, take a look at your own lifestyle. Could you do with less in order to find and retain good, hard-working, honest employees?
[This message has been edited by Matt M (edited 03-27-2005).]
#50203 - 03/27/0508:49 AMRe: Too Big Too Fast (be careful there paid enemies)
I will add that (3) men are with me today and have been for 2.5 years +, I hope that they never leave.(great guys, Hard workers, and responsible people). They are few and far between, (the good ones so I think I will hold on).Thanks Guys.. Happy Easter