WEBVTT
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So do you believe in 2026 that any electrician can earn a hundred K plus?
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I personally think that not just electricians, but specifically service electricians.
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The reason being was the value that I found was learning how to sell.
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It's like I can do the job, but I could also convince the customer that working with us is the right decision.
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And when we were able to do that, unlock that skill, now you're in a niche in and of itself.
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Because there are salespeople and there are electricians, but there's very few who do both.
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If you want to make a six-figure salary in today's industry, it's doable, but you have to find the niche that people are willing to reward at this point.
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Get into service and learn how to communicate.
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Because if you can communicate, they will ship you off install and they will put you somewhere else because now you have to be someone who's customer faces.
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And that guy's working.
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Hello, hello, hello, and welcome to the Million Dollar Electrician Podcast, where we help home service pros like you supercharge your business and spark up those sales.
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I'm Joseph Lucani, and together with my co-host Clay New Meyer, we're here to share the secrets that have helped electricians sell over a million dollars to a single service man.
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Now it's time for sales.
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It's time for scale.
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It's time to become a million-dollar electrician.
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Hello guys, and welcome back to another great episode of the Million Dollar Electrician.
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Today we've got something super fun in store.
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We haven't really covered this before, but the more we've gone over and found relatability in our past journeys, Joe, the more we've been excited about this particular episode, which is how much can you make as an electrician really?
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What is an electrician worth in 2026?
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Use my blip there.
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And by the way, guys, welcome to the new year.
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Happy New Year, Joe.
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How are you doing, brother?
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It's a great year, man.
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Honestly, what continuously feeling blessed.
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I'm very grateful to have what we have.
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I'm great, very grateful to be where we are.
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Uh, it's a lot of reflections this year.
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You know, it's a lot of really good things happening and just putting it forward to continue in the future.
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I love it.
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You know what?
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Since this episode is actually, I mean, yeah, it's about money and what you guys are gonna make.
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And we're gonna give you hard numbers on this episode.
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Not only what we made, but what we're seeing people make now and what you could expect as an apprentice, as an electrician, as someone coming up in the trade and the different niches within the trade, and even heck, like we're doing, helping other electricians is an avenue that we all have available to us at some point.
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We're gonna explore all of that, all of it.
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But Joe, you said something important to me last week about how much in reflection on 2025, how much you feel you grew just in the last year.
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You shed some light on that just a little bit.
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Let us in.
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Now, just in the last year, as far as like as a person, because I know that was like one of the conversations we had, is I'm a kind of person who's overly hard on themselves.
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I'm sure if anyone who's grown up similar to me, where you feel like you constantly need to prove yourself to earn love or earn self-worth, I never show I never shook that quite.
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And as a result, I always want to be a better coach.
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I want to be a better teacher, I want to be a better partner, I want to be a better friend, a better son, a better, you know, a better husband, a better father.
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And I think that if we don't continuously focus on those things, even our professional selves won't thrive the same way they should.
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So, what I can say for certain is that I've learned a lot from coaching a lot of people at this point.
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And I can say that my teaching strategy has definitely improved and that I'm seeing a lot of great wins coming from our clients as a result from it.
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Um, I'm loving how I can be more present with my children.
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I love that I could be still present with my wife and treat them with the the love that they deserve.
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And I'm grateful to be a good partner to you and I'm able to serve this wonderful mission.
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Thanks, man.
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Yeah, it was a big year for me too.
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I think anyone that works close to me understands that my standards are unforgiving.
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And so it's like it's not even an option, you know?
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And I'm sure there's people listening that feel this the same way.
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Um, Austin, one of our uh support specialists, he he said to me, Hey, maybe you should try jujitsu.
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I feel, Joe, like I already do jujitsu every day.
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I'm tapping, man, every night.
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It's like I put myself in a submission for higher standards, if you know what I mean.
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You know, so 2025 was a big year for me too.
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I love that.
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And I'm gonna I'm gonna throw in with Austin here.
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I've been boxing now for almost about, let's say, half a year.
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And there's nothing better than waking up and just absolutely punching the bag like it owes you money.
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Your day just starts so much better from there.
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So I guarantee if you haven't tried it yet, just hit something.
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I guarantee you'll feel better.
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Yeah, fair enough.
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Fair enough.
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I've thought about that.
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Uh, if you follow me on social media at all, I recently did a teenage girl post about uh my teens and some of the troubles and the uh acknowledgments of of self-growth through that.
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And a punching bag definitely comes to mind, Joe.
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Something, something for uh not just for me.
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I've thought about getting one for them.
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Hey, uh, maybe hit this instead of the old man.
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Not physical, just a verbal joke.
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Joe, let's jump into the trade stuff, though.
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Man, tell me, when you started as an apprentice, what was it worth being an electrical apprentice back then?
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Now it feels weird even thinking back because I started when I was somewhere between 14 and 15, depending on what month I actually started.
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But I got right into the field working for my brother's boss, and they were an electrical company, and I was making, and I'm proud of this.
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It was at the time I was making$14 an hour.
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And at the time, this is like 2007, 2006, my mind is blown.
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I'm like,$14 an hour.
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Oh my god, my friends are making seven working at these restaurants in the Woodbury Commons.
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I'm working double.
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This is great, this is amazing.
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I could buy stuff now.
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It was it was the craziest feeling, and all I wanted was overtime.
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All I wanted was more overtime.
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I thought I was rolling in it.
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I'm curious what your pathway to growth was on your side over in New York.
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Uh, for us, I started similarly uh late 2007, early 2008, which was really interesting because it was in a crash.
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I think other staff at this company were actually pissed off that I got hired at that time because there wasn't a ton of work.
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It was almost like they saw potential and just made the hire because I had already been in business.
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And of course, for those of you that know me and been following for a while, my first business was concrete, fell short, absolutely.
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Um, you know,$44 million project that I just completely dropped the ball on the foundation for.
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But sticking to this trade,$15 an hour.
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That's what it started.
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What was it?
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$15, so dollar more than you.
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But it was Canadian.
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Let that let that's Canadian.
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That's why, yeah.
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And the dollar was a little more even, so about the same, I guess.
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It was$15 an hour.
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Now, I hear guys paying more than that in some places now, and some places less than that.
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But I think there's something really important to note.
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We're starting at the barrel bottom.
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Neither of us really had electrical experience.
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Is that true for you?
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Yeah.
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I mean, I I did not know anything.
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My parents were not handy.
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I didn't learn how to be handy.
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I just knew I wanted to be like my grandparents who could fix everything.
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So I was told to get into the trade, and yes, sir, I did it, you know.
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I remember back then at this point, I had already read a book called The Wealthy Barber.
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You ever hear about that one?
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Can't say that I have.
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No.
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I think you've mentioned it before.
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I don't think I actually read it though.
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It's not my favorite book.
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I don't think a ton of people love this one a ton because it's it's that whole saving to millions kind of piece with a couple extra get some more out of life uh uh nuggets in there.
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But one of those get more out of life nuggets was a stat that I don't remember, but it was essentially saying that not enough people ask for raises.
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Sorry to all the guys uh with companies that your staff hear this, but it's a real thing.
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Uh, a lot of people just work for years without acknowledgement or performance review and no raise.
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And so I took that to heart in my early apprenticeship.
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And I remember the first raise I asked for.
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I asked to go from 15 to 16, and I asked the owner of the company, despite there being about 30 other people in management that could have helped me with this.
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And the story I gave him, I remember this.
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I was at the supply house with my journey one min one morning, and I was eyeing up this uh UE meter, this multimeter, the clamp, right?
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Had had uh basic functions, and it's like uh 259, somewhere in there, dollar multimeter with the construction and some of the service work we were doing.
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It was like, hey, this is a useful device.
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Everyone else has one.
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I want one.
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So I literally asked for a dollar raise so that I could afford that meter.
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You know what he said?
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Yeah, yeah, for sure.
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I got the raise that day.
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So I got to 16 in my first eight months of the apprenticeship.
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Joe, let me ask you this though.
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What did you see?
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What do you remember seeing for yourself at that time?
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Like as far as where could this go for me and what could I earn that I'm committed to this trade?
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So it's a weird, it's a it's a hard question to answer.
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And the reason being is because I was in a very different place.
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I was at that time when I first started, I knew there was something different, but I didn't think I was gonna make it to 21.
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So I was just doing everything I could to find inspiration and hope.
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I knew if I was going to somehow get through what I was going through, I needed to find a way to get into a higher position.
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I needed I thought if I learned more skills, they would treat me nicer at work.
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If I learned more skills, they wouldn't know people wouldn't be as insulting or as rude or treat me like I was that much different.
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I figured if I just knew more skills, I could be worth something.
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So I just busted my ass to try and learn everything and ask as many questions, even if it annoyed everyone around me, because I didn't see myself staying there.
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But I said I gotta learn everything I can here, and eventually when I get to that new place, I'll have something and then I'll be worth something.
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You know, so it's may not be the answer you're necessarily looking for, but that's that's where I was at at the time.
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Okay.
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Did you have any amount of like financial forecast for your future, whether that be an hourly rate or I could make XYZ per year, and so I know this trade is worth it?
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Yes, but it wasn't routed, it wasn't rooted in actual forethought.
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And here's why I said at the youngest age, I want to retire at 55.
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I didn't know how I was gonna get there.
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I knew the end goal was I wanted to have all the things that I seem to have now, but I wanted to be able to retire early so that I could actually enjoy life because I saw my grandparents, they were in the trades, whereas everyone else was white collar, and they ended up with hurt knees and bad backs and broken hands and missing limbs and hearing damage and all this stuff.
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I'm like, I don't want to work to that point where I'm dying while I'm still alive.
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So I said, I gotta retire early.
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I had no idea how I was gonna get there.
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I just assumed that once again, if I learn more skills, people will naturally pay me more.
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I just thought it was hand in hand.
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You know, you know more, you're worth more.
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No more, worth more.
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So I had no idea how I was gonna get there, other than just learning more stuff.
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Yep, I agree.
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I agree 100%.
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And I want to preface um my kind of take on this by saying obviously, uh maybe obviously it's the wrong word, but I think it's fairly obvious that we believe as an electrician, you could make over a million dollars in a year just based on the name of this podcast.
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I agree with that.
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Now there's some things that need to happen for that to fall in place, but I will also say that I never imagined myself making a million dollars a year as an electrician.
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That that was not on the radar.
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I remember when I took my job in this trade, I literally said the words to the guy that hired me, that's fine, just give me the ticket.
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Which actually suggests something.
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It sounds arrogant, and it was an answer to, like, hey, do you want a job here?
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I can get you in electrical, because they also did instrumentation.
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So I was like, you know what, that's fine, just give me the ticket.
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But what it also suggested is I knew it was plan B.
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I knew that I needed something to substantiate my value for the rest of my life, and that's how I thought of the electrical ticket at first.
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But that's like day one before I realized how much I actually loved this trade.
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Does that make sense, Joe?
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It does.
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And you know, like eventually when I got to the point where I was owning my own business and I had a little bit of a different view of the world, I really loved being an electrician.
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And I remember specifically going back and finishing a panel, and there was one panel that it was it was perfect.
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You know what I mean?
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Like we did the whole thing.
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My partner had a bad situation happen, and I took on the job, I did all by myself, and the panel was great and the service was great, and every line was parallel.
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And I walked back and I remember staring at it, just staring at it for like probably 30 minutes, going, I did that.
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Like, wow, I did that.
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That came out so nice.
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And I just circled the property looking at it.
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So yeah, I didn't really fall in love in love with it until I owned my own thing.
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But yeah, I know what you're talking about, man.
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It's a feeling that's almost indescribable.
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I loved that, and I just wrote an email recently about this.
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So if you're on our email list, uh our newsletter, I send a daily one out that I write over coffee each morning.
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And one of these was my first project in the trade was actually on a rotophase project.
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You know what that is, Joe?
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I know that it's a tool that is good for bumping voltages, but I've never used one as I'm a res residential guy.
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Yeah, it's really not common.
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And this is like my first week in the trade, but we were at a pig farm that was miles from the nearest three phase, and the utility had quoted them like a quarter to a half million bucks for running three phase to their farm.
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So instead, what rotaphase does is you use single phase motors to spin a three-phase motor and basically generate three phases.
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Okay.
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So they call it like an idler motor or whatever, but it's not an exact science.
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And there's some tuning, you got to kind of mess with the legs a bit.
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And there was a lot of stuff I didn't understand at this time, and I still deem this to be a fairly technical challenge.
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But what happened was I was working with this very new, or maybe not even quite a journeyman at the time, who was my senior that I was working with direct, but we would spend like half hour to an hour on the whiteboard every morning with our master electrician who'd been in the trade for 40 years, and no one was right.
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And what I mean by that is in all the technical back and forth, we didn't really know.
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And that to me, coming from a concrete and carpentry and different contractors in that regard, was like there was so much arrogance and so much everyone knows everything.
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And coming into this trade and experiencing that firsthand early on, I was like, wow.
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The master in this case, with three decades more experience, doesn't know the answer.
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We have to literally test and measure and find our result and and learn as a team.
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That was an incredible feeling.
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That's when I actually fell in love with electrical.
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That's really awesome, man.
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You know, and it actually matches your personality.
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Like, I love how you live in the 30,000 looking down and saying, like, all right, how does this work?
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Why does this work?
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How can I replicate it?
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What's the next move?
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And I love that about your personality.
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So I can almost imagine young play in that class with the gears turning inside your head, like, all right, we're gonna figure this out.
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Yeah, it's crazy time.
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It's crazy time.
00:15:34.080 --> 00:15:41.759
So my journey in the trade, like at that time, basically in the industry I was in, which was more industrial, doing a lot of oil and gas stuff and bigger projects.
00:15:41.919 --> 00:15:44.799
Of course, I had failed a project and I had failed a business already.
00:15:44.960 --> 00:15:50.000
So my drive has always been here to help first recover my own mistakes.
00:15:50.240 --> 00:15:51.200
I had to do that.
00:15:51.360 --> 00:16:00.399
But then also, like, I learned later on that, hey, I want to help people solve those problems so they don't have to go through the same shit that I went through and basically lose everything.
00:16:00.559 --> 00:16:05.679
I'm so glad I was young when this happened because I didn't have a lot to lose other than my dignity.
00:16:06.159 --> 00:16:09.759
That said, that's what kind of catapulted me in the trade.
00:16:09.840 --> 00:16:20.799
So I could see a clear direction to a hundred to even two hundred thousand dollars a year as an electrician in that field, in those positions.
00:16:21.279 --> 00:16:23.440
However, it was a major trade-off.
00:16:24.000 --> 00:16:28.480
These guys were like getting divorced left and right, right?
00:16:28.639 --> 00:16:33.120
You're out in camp for weeks at a time, and no one knows what the missus is doing.
00:16:33.279 --> 00:16:38.000
All of a sudden she's doing I don't even want to go down that road, but you get it.
00:16:38.639 --> 00:16:40.720
It's just like constant chaos.