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My Dad shares some Valuable Advice for all New Contractors, Is this True, Thoughts?

1:15
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Video by Hendy The Sparky

Hendy The Sparky

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This video provides essential advice for aspiring and current independent contractors, covering five key areas: prioritizing profit over volume, understanding project constraints, working with principal owners, strategic hiring, and planning for business exit.

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Hey, so I'm a career electrician. Here's my top five tips for advice for anybody that wants to become an independent contractor. Ready? Here's tip number one. Never put volume over profit. Tip number two, don't overlook the iron triangle. Time, cost, and quality. Your customers can only pick two. Tip number three, try to only work for the principal owner. Tip number four, your first employee should not be a helper or an apprentice. Hire someone with the same or higher skill set than you. And tip number five is always plan an exit strategy. Do not forget the effort it took to get into this business. requires an effort to get out of this business. Make sure you're not so wound up that you can't escape and get away easily. It takes a plan. Thank you for watching. It's Garrett and follow me for

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