Discussion in 'Industry News, Training & Organizations' started by Jim McClain, Jun 1, 2015.
That's a losing strategy.
In poker, yes. When I was in my first year of flooring I bought about $800 in tools. There were several times when I wanted to quit because I wasn't making any money. One of the reasons I stuck with it was the fact that I was already invested. While the investment was small by today's standards, it was significant enough to keep me from quitting. Now I feel I am to the point where I can't leave the industry. With the experience I have gained over the last 15 years and the fact that I have a family and larger financial obligations, I feel too invested at this point. Doesn't matter as I love what I do.
I certainly am no longer losing with my investments in tools, my ride on will be paid in 5 months, leaving many years of profit and easier work afterward. There are many more purchases in the future as well, basically making work faster and easier, but the investment also is a factor. There are not many obstacles any more, other than the ones I make up.
Glad to hear you're happy and supporting a family. That sure makes a difference in the choices you can make. 15 years in you ought to be right in your prime.
You think this trade is a good opportunity for a young military veteran?
Here's my take. I have two sons. Both have worked with me laying floors and fully understand what I do, how much I make and where this racket is headed. I could easily get them into the apprenticeship and starting positions at the shop that employs me. Of course I sent them to college. I also recommended both of them consider military service. I think there's a much better all around career opportunity pretty much with ANY government position today and for the forseeable future than in the private sector with construction trades.
Just my humble opinion..........and prediction of the economic future we're heading toward.