Posted by Sparktrician on July 31, 2013 at 05:25:55 from (198.144.56.35):
In Reply to: Can it be done? posted by Joe Pro on July 30, 2013 at 11:36:37:
If you have other skills and a shop to work out of....you might be able to swing it....but you wont be "farming" full time....as you would be doing other work. Self Employed? yes.
I was 22 years old when I started my electrical contracting business. That was in '07. Was told I was NUTS by several people. I haven't got rich....but.....I have acquired a house, shop, a mountain of tools, equipment, and several trucks.
My advice is to run the numbers on what you think you can do....then divide by half. That is what you will make after the dust settles. In addition....any project or expenditure will generally cost 1.4 to 1.9 times as much as you originally figure.....GOOD LUCK!
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