Master Electrician Dad Tells Son the Truth about Getting Wealthy in the Trades, Thoughts?

Is the only way to get wealthy as a tradesman is by owning your own business? That is the [music] preferred way. I mean, how could you get wealthy if you're not working for yourself? Mhm. Right? >> Yeah. Is there any other way? Well, it depends on the definition of wealth. A lot of guys have different definitions of wealth. If you're talking wealth is the white picket fence and owning your home and being able to put your kids through college, that's doable without owning your own business. >> Yeah. But you just have to be an exceptional person and have a very high-paid career and in-demand skill so you don't got to worry about someone coming in and taking your job. Certainly, they're not party animals. They're not going out wasting money. They're not driving the newest cars or wearing a Rolex. They're saving their money and they're investing it wisely and in time, you certainly can become extremely successful. But if you want to be a baller, Yeah. You just got to have your own business, right? >> get Well, you need a license. You need your license? >> a trade that has a license, right? If you have a trade that's [music] licensed, it sounds cliche, but it's a license to steal.