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Prioritize Efficiency for Maximized Profit

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Is it Better to Price By the Job in the Trades or Work Hourly? Master Electrician Teaches Son

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A critical aspect of profitability in trades is efficiency. Aim to complete jobs as quickly and effectively as possible, while maintaining high quality. This approach allows for maximizing earnings per job, which is a key principle when charging by the job rather than an hourly rate. The faster you complete a quality job, the higher your effective hourly earnings become.

Goal: Complete jobs quickly and efficiently to earn more per project.

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tradesman. You look like an electrician. >> It's important to be comfortable >> where you could work, right? Charge the right amount. Come with the right tools. >> Okay? >> Right? And then you want to be efficient. You want to get these jobs done pretty much as fast as you can, >> okay? >> For the most amount of money. And that's why I don't recommend you working by the hour. >> Okay? So, charge by the job. >> Always charge by the job cuz when when someone asks you, "What's your hourly

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