

Million Dollar Electrician - Sale to Scale For Home Service Pros
Clay Neumeyer
Rewiring Our Mission: (Electricpreneur Secrets)Helping Electricians Achieve the $1M Service Van so they can experience ultimate control over their futures.Join Clay Neumeyer & Joseph Lucanie for a new electrifying episode & High-amperage action item each week to spark up your service van sales to $50K, $70K, $100K, $150K months, and beyond!
Episodes
Mentioned books

Jan 4, 2024 • 24min
Ep 233 - Million $$$ Start-up Series 2024 - Biz Structuring
Ready to electrify your career and charge up your entrepreneurial journey? We're Clay and Joseph, your expert guides to powering through the maze of starting your own electrical business. In our latest episode, we're spilling the volts on crafting an unshockable brand identity—think eye-catching logos and snappy uniforms that make a current of confidence surge through your clientele before you even flick the switch. Get the insider track on sharpening your sales tactics and pricing strategies, all while Joseph reveals his secret morning routine that's more energizing than a double espresso shot for peak productivity.But hang on to your hard hats, because there's more amped up advice where that came from. We're breaking down the nuts and bolts of business structures, from the solo flight of a sole proprietorship to the high-voltage advantages of an S corporation. And because even electricians need a safety net, we're illuminating the path to financial and legal wellness with tips on consulting tax accountants and business lawyers. Trust us, this isn't just about keeping your wires from crossing—it's about laying the groundwork for a powerhouse of profits, balanced with the camaraderie that keeps a team sparking on all cylinders. Tune in and transform your entrepreneurial dreams into a reality that truly shines.

Jan 3, 2024 • 24min
Ep 232 - How We Would Start a New Electrical Biz in 2024 - Launch Prep
Ever wondered how to electrify your bank account with a new electrical business? Strap in with me, Clay, and Joseph as we light up the path to creating a business that sparks immediate and lasting cash flow. We're sharing an electrifying discussion, chuckling at the fleeting fervor of New Year's resolutions, while focusing on the real, disciplined actions that will charge up your entrepreneurial journey throughout the year. Imagine turning your daily grind into the powerhouse behind monumental achievements - we're here to show you how, with insider tips and a current of encouragement for my fellow master electricians ready to switch on their own success story.Now, let's talk about making a brand that sticks. Wondering if you should plaster your name across your business or go for something more universal? Joseph and I are here to amp up the conversation on personal branding and the strategic use of a DBA to capture your target market. We're dissecting the importance of striking vehicle wraps and how a professional logo can transform your service fleet into a convoy of cash-generating billboards. And for that extra surge, we discuss how to present your business with the confidence and credibility that'll have customers plugging into your services over and over again. Join us as we fuse practical branding strategies with the essential steps to launch a booming electrical business in 2024.

Jan 2, 2024 • 19min
Ep 231 - How We Would Start a New Electrical Biz in 2024
Have you ever wondered what it takes to electrify the entrepreneurial world with your own electrical business? This electrifying episode sparks the conversation with Joseph, where we share the secrets to jumpstarting your venture in 2024. We tackle the big decisions - bootstrapping or banking on loans and investors - and how to accelerate cash flow to fuel sustainable growth. Our chat takes a turn down memory lane, acknowledging how the rush of time and mounting responsibilities shape our entrepreneurial endeavors. Special thanks to our community spark plug, Chad German, for driving us to craft this power-packed guide for electricians ready to light up the business world.Switching gears, we illuminate the perks of powering up a service-based business model, speaking from my own shift from construction to service. Understand why a service-oriented approach may keep your business glowing bright amidst the industry's competitive landscape. We dissect the stats revealing the small business climate's challenges and opportunities, and why putting all your eggs in the construction basket could leave you in the dark. Finally, we explore the backbone of a resilient business - finding your 'why'. It's not just about flipping the switch; it's about igniting a fire that keeps you blazing through the toughest times. So, plug in, amp up your knowledge, and prepare for a series that will transform your approach to sales, pricing, and customer service.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecrets

Dec 29, 2023 • 33min
Ep 230 - Simplified Budgeting for the New Year
In our latest Electricpreneur Secrets episode, Joseph and I share the key steps to bulletproof budgeting and financial clarity for your electrical business as the year comes to a close. From practical tips on paying yourself first to the importance of building a relationship with an accountant, we guide you toward a stress-free financial future.Navigating personal and business finances can be as challenging as untangling Christmas lights, but with our insights, we make it a smooth journey into the new year. Discover how to set a meaningful personal salary, use tools like our simple pricing calculator, and gain insights into managing business insurance and maintaining a financial buffer. We wrap up by emphasizing the significance of charging premium rates for sustainability and service excellence in the electrician industry, thanking you for your support and inviting you to continue powering up your business with our episodes. Charge up your entrepreneurial spirit, hit that like button, and subscribe for a jolt of empowerment in every episode!Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecrets

Dec 28, 2023 • 23min
Ep 229 - Understanding Performance Pay & Bonus Structures
Ever wondered how to strike that sweet spot where company culture fuels an electrifying team performance? That's what we're unpacking on the latest episode of Electricpreneurs! Clay and Joseph, your dynamic duo, take you on a high-voltage journey through the nuts and bolts of performance pay and bonus structures in the electrical industry. Get ready to plug into a conversation that's more than just figures and dollar signs, as we light up the topic of creating a work environment where shared values, clear goals, and a dollop of humor are the real conductors of success. And don't miss the story about that one holiday gift that gave Canadian customs a shock – it's a hoot!This isn't just another talk shop about profit margins; it's a blueprint for building a powerhouse team that's switched on by more than just their paychecks. We delve into how profit-sharing can energize long-term investment from your staff, why SMART goals are the circuit breakers of bonus schemes, and how positive feedback is the current that keeps the team's performance buzzing. With real-world examples like keeping those company vehicles in tip-top shape, we show how bonuses can drive outcomes that benefit everyone. So, if you're ready to amp up your team's motivation and have a few laughs while you're at it, this is one episode you'll want to connect with.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com

Dec 27, 2023 • 19min
Ep 228 - Why We Don't Suggest AI For Your Phones
Prepare to challenge your assumptions about AI and customer service as we, Electricpreneurs Clay and Joseph, tackle the hot-button issue of automation versus the human touch. We promise you'll leave this episode equipped with a fresh perspective on the delicate balance between cutting-edge efficiency and the irreplaceable warmth of human interaction in the electrical service business. Through our lively debate and shared experiences, you'll grasp why the emotional cost of AI could outweigh its touted savings, and how authentic moments between customers and representatives forge stronger bonds and loyalty to your brand.This isn't just a theoretical discussion; it's a deep dive into the real-life implications of choosing between an AI program and a personable team member to answer your phones. As you join us on this journey, we share practical advice for nurturing a customer service team that delivers the '3D report experience' – depth, dedication, and dynamism. By the end of our conversation, you'll understand why we firmly believe that investing in people, not just technology, can be your business's most strategic move for sustainable success and exceptional customer experiences.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecrets

Dec 26, 2023 • 18min
Ep 227 - How the Panel Determines the Sale (Replay)
Ever wondered why a meticulous panel inspection can revolutionize your customer's trust and elevate your sales game? Together with Joseph, we unravel the underestimated significance of panel checks in the sales process, proving that it's not just about fixing what's broken – it's about delving into the heart of electrical systems to prevent future hazards. In our discussion, we contrast the outcomes of superficial inspections with the comprehensive approach that we champion, revealing how this attention to detail not only distinguishes us from the competition but also cements our reputation as safety-conscious professionals. We share real-life examples to illustrate our point, turning routine panel scrutiny into a pivotal educational moment for our clients – and for ourselves.Then, we tackle the intricate dance of cost, value, and service in the electrical world. Are you making informed decisions about the long-term health of your home's electrical system? We delve into the personal and financial repercussions homeowners face when dealing with electrical repairs and how proactive maintenance, like club memberships and service packages, can save both stress and dollars down the line. Throughout the conversation, Joseph and I highlight the power of listening and asking the right questions, showing that sometimes the best sales strategy is not to push, but to genuinely understand and serve the needs of our customers. This episode is chock-full of insights for anyone aiming to thrive as an electrician with an entrepreneurial spirit – join us for an electrifying journey through the nuts and bolts of providing top-notch service and mastering the art of the sale.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com

Dec 22, 2023 • 17min
Ep 226 - Friday Holiday Launch
As the holiday season illuminates our days with cheer, Joseph and I, Clay, are here to spark your spirit with a special episode that reflects our electrifying journey in the world of electricians. We've wired up our experiences to share insights and successes, turning from apprentices into mentors who now guide the bright minds powering our future. This time around, we're unwrapping the gift of growth, celebrating the leaps and bounds made in learning and partnership within our electric trade. We buzz with anticipation for the 2024 electrician's only premium service summit—a not-to-be-missed event where electricians can forge connections and supercharge their careers. It's a story of transformation, a beacon of hope, and a testament to the power of mentorship, all wrapped up with the warmth of the holiday season. Plug in and let the current of our conversation carry you into the new year with inspiration and a renewed sense of community among your fellow sparkies.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com

Dec 21, 2023 • 42min
Ep 225 - Hitting Sales Records by Doing Watt's Right - Client Case Study
Growing up with a wrench or a screwdriver practically in hand, Allen's tale is one many of us can relate to—whether we've dodged or embraced our family legacies. Join us as Allen, an electricpreneur, gets candid about the circuitous route he took from avoiding his father's electrical trade to powering up his own business. His insights into the shifting cultural landscape of the trades offer a fresh perspective, one where the once 'fallback' career is now a robust foundation for success.In our illuminating conversation, Allen unpacks the nuts and bolts of his business evolution, detailing how a strategic pivot to residential services and some key team additions sparked a revenue surge to an electrifying $1.23 million. Allen's experience is a masterclass in finding your niche and the impact of a dedicated service philosophy. Electricians will find his journey from a home garage to a thriving enterprise nothing short of inspiring. As we wrap up the year, Allen's reflections on the importance of company culture, legacy, and the transformative power of rebranding provide valuable lessons in staying grounded while reaching for new heights. His story of adopting a structured sales process showcases the importance of adaptability and the significant achievements that come from stepping outside one's comfort zone. So grab your favorite holiday beverage, and let's toast to the camaraderie of shared experiences and the growth that awaits in the new year!Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com

Dec 20, 2023 • 19min
Ep 224 - Run From the Path of Least Resistance
Electricians, brace yourselves for an electrifying shift in perspective! Joseph and I are back at it, sparking conversations that will illuminate the importance of forging sturdy customer relationships over simply flicking the sales switch. We'll coax you into embracing the challenges that come with deepening client connections and show you how this strategy can supercharge your business in the long run. If you're ready to witness the power surge that comes from choosing the tougher route and prioritizing people over transactions, you're in for a treat.In this session, we're also thrilled to flip the switch on inspiration with Alan's story, a high-voltage tale of surging past the 2 million dollar mark through sheer dedication and strategic maneuvering. Expect to absorb practical wisdom on balancing the demand for quick sales with the need for meaningful interaction—insights that illuminate the path for any service-driven professional. Tune in for an episode that doesn't just spark ideas for electricians but reignites the fundamental spark of personal relationships in any service-based endeavor.Join us LIVE 5 days a week on the Facebook Community page:https://www.facebook.com/groups/electricpreneursecretsAnd see us and our stories and wins at:https://www.serviceloopelectrical.com