4min chapter

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#1184 Nathan Barry | Future Billionaires Will Come From Social Media

The Pomp Podcast

CHAPTER

The Supply Demand Inequality of Electricians

Sally Kohn: I have a friend, he's kind of a friend of a friend who had a whole thesis that electricians were going to become way more valuable in the future than they are today. He basically started to buy up your local electrician business and combine them together. And so what he's seeing is like, one, the infusion of new electricians is actually not rising. So therefore, you have a supply demand imbalance,. Then if you have a large footprint, you have price setting ability. It applies to both residential and commercial jobs. She says tech entrepreneurs can use CRM systems or other tools to compete with big companies such as Home Depot for remodeling work.

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