Very honest of Jorden. I thought he was such a good business man, I would have though he would have realised YT was bringing in more money than sparking sooner. Who would have thought that!
Again another fantastic video and guest, Jordan is always charming and charismatic to talk too, and good to hear a open conversation regarding his business. It unfortunately has been a difficult time for a lot of business including my own. 👍
Another informative chat guys, it would have been nice to hear if the first person Jordan got rid of was his Business Coach! It does seem that as the cost of materials associated with 'Renewables' falls, the installation price has not reduced accordingly. The cost of materials is openly available online (including Scaffolding costs) which suggesting that this work offers a profit margin which is disproportionate when compared to other electrical work. Proof of this appears to be in Jordan's comment regarding reluctance to do 'normal electrical' work. My fear as a consumer is that we will end up with a situation where getting qualified electricians to do 'normal' domestic work will not only be difficult, but will be prohibitively expensive as they become used to the profit associated with Solar work. Work associated with 'Renewables' needs to become the norm for all electricians and not a niche market. Anyway, looking forward to part 2
Much like all walks of life salaries and business operating costs are rising week to week. The labour rates on solar are generally higher due to associated risk both in terms of the work activity and also the business operations. Risk = cost and consumers will have to pay for that one way or another. Supply and demand will always be the driver on pricing and I would suggest domestic electricians have remained under paid for far to long. This is Mark typing here and our labour rates in all sectors are consistent the risk factor incorperated to solar can make projects appear more profitable than they are at the outset. With the callbacks for warranty work, customer support, administration that is huge in solar all playing a part on those additional costs. Consumers can have very blinkered understanding of where that "profit" goes. Ultimately its on providing long term, secure service provision to consumers. You wont find that on a component price list on the internet. As for the niche skillset that is slowly changing but will be a decade and more. Much like commercial, industrial and domestic settings of old the renewables aspect will only become more niche imho. As technology evolves. So I would say (some) consumers need to adjust attitudes in supporting local businesses to serve them in the long term. Be that domestic electricians or renewables ones. The rates and risk equation will narrow and domestic sparks will be charging more, especially as the gate keepers have tightened entry into the electrical sector after flooding the market will under qualified operatives. Hope that helps.
Pleasure talking to you guys thanks for having me on
Arguably one of your best podcasts so far, not always a fan of Artisan (product promotions) but admire Jordan's honesty and what he has achieved
Great Video
Very honest of Jorden. I thought he was such a good business man, I would have though he would have realised YT was bringing in more money than sparking sooner. Who would have thought that!
Another brilliant informative show with the TH-cam heavyweights!
Loved chatting is always on the renewables podcast!
Great open conversation, looking forward to part deux!
The dream team! Great video guys 🎉
Again another fantastic video and guest, Jordan is always charming and charismatic to talk too, and good to hear a open conversation regarding his business. It unfortunately has been a difficult time for a lot of business including my own. 👍
Charming and charismatic are not things people say about me (mark) boring and dull usually 🤣
I don’t care what anyone says I love ya
Connection blocks are Crannis Collection approved :)
High five to our podcasting friends!
Another informative chat guys, it would have been nice to hear if the first person Jordan got rid of was his Business Coach!
It does seem that as the cost of materials associated with 'Renewables' falls, the installation price has not reduced accordingly. The cost of materials is openly available online (including Scaffolding costs) which suggesting that this work offers a profit margin which is disproportionate when compared to other electrical work. Proof of this appears to be in Jordan's comment regarding reluctance to do 'normal electrical' work. My fear as a consumer is that we will end up with a situation where getting qualified electricians to do 'normal' domestic work will not only be difficult, but will be prohibitively expensive as they become used to the profit associated with Solar work.
Work associated with 'Renewables' needs to become the norm for all electricians and not a niche market.
Anyway, looking forward to part 2
Much like all walks of life salaries and business operating costs are rising week to week. The labour rates on solar are generally higher due to associated risk both in terms of the work activity and also the business operations. Risk = cost and consumers will have to pay for that one way or another. Supply and demand will always be the driver on pricing and I would suggest domestic electricians have remained under paid for far to long. This is Mark typing here and our labour rates in all sectors are consistent the risk factor incorperated to solar can make projects appear more profitable than they are at the outset. With the callbacks for warranty work, customer support, administration that is huge in solar all playing a part on those additional costs.
Consumers can have very blinkered understanding of where that "profit" goes. Ultimately its on providing long term, secure service provision to consumers. You wont find that on a component price list on the internet. As for the niche skillset that is slowly changing but will be a decade and more. Much like commercial, industrial and domestic settings of old the renewables aspect will only become more niche imho. As technology evolves.
So I would say (some) consumers need to adjust attitudes in supporting local businesses to serve them in the long term. Be that domestic electricians or renewables ones. The rates and risk equation will narrow and domestic sparks will be charging more, especially as the gate keepers have tightened entry into the electrical sector after flooding the market will under qualified operatives.
Hope that helps.