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How to Start Your Own HVAC Air Conditioning Business

May 12, 2017 By admin Leave a Comment

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The book “The Millionaire Next Door” found that most people with a million dollar plus net worth had dull-normal jobs. Less than 20% had inherited any money, and fewer had earned more than $200,000 a year in any profession. About two-thirds of millionaires had built up their businesses and become wealthy that way. A few were doctors or

lawyers who controlled their spending and built a practice that earned more than their own labor. Far more were pest control specialists, auctioneers, welders and HVAC professionals who started out in the field and built up a business from scratch. If you think you have what it takes, here is the process of starting your very own HVAC air conditioning business.

Learn the Trade

You can’t work in HVAC without the necessary knowledge. You’ll need to invest a year or two in an HVAC training school to get CDL and HVAC training. Now you can begin to work in the field and learn the true ins and outs of the business.

Work in the Field

Before you try to start a business and hire employees, you’ll want to work as an employee in the field. You’ll learn the intimate details of the job. You’ll learn what other HVAC technicians want in a boss and management techniques from your own bosses. You’ll observe what customers want and how those needs are met. Perhaps equally important will be saving part of your salary so that you can open your own business one day while minimizing the debt required to do so.

A side benefit of working for others for a few years is the ability to tell clients that while your business is brand new, you personally have five or more years of experience working in HVAC. Work on getting higher levels of certifications with HVAC equipment like the universal EPA 608 certification that lets you work on all types of equipment, whereas Type 1 can only service small appliances like humidifiers. The NATE certification is nationally recognized, and techs with this certification earn more money.

If you can install HVAC equipment as well as repair it, this could be a lucrative skill when you’re working on your own.

Consider the Type of Business You Want to Open

There are regionally and nationally recognized HVAC franchises you could buy, and a few of these have a clear path for HVAC techs to rise to franchise assistant manager before being given help setting up their own franchise. The benefits of a franchise include brand recognition and sometimes corporate benefits for you and your employee. The downside includes franchise fees often due at the start and a percentage of revenue whether or not you turn a profit.

The other option is going your own way. You could start by buying the necessary tools and chemicals and then working on the side. Be careful not to work on the side with clients your employer services, or the employer could fire you and even take you to court. Once you have a few customers and word of mouth going, you can quit the job and work for yourself. This route requires having general liability insurance in your own name or that of your newly incorporated business. Your state may require certain licenses and permits to work in HVAC, but it is your responsibility to learn about them and acquire them.

You should research your options for selling HVAC systems as well as installing them and servicing them. If you can sell HVAC systems for a dealer, you’ll earn a commission on every HVAC system sale and likely the business to install it and maintain it for the first few years, as well.

Once you start hiring help, you’ll need workers’ compensation insurance. Continue to expand, and you’re on your way to becoming a successful business owner with the potential of becoming wealthy.

Filed Under: Business Tagged With: business, entrepreneur, new business, start-up

Best jobs for living the life of a nomad

April 20, 2017 By admin Leave a Comment

We’ve all heard of people travelling around from year to year, never having a ‘real job’, but still managing to live, travel, drink, and enjoy life more than most other people. How do they they do it? Options are actually sort of limitless, the most obvious one being, of course, could be simply blogging about your travels and earning through your website. But that’s just one idea with its own cons.

Here are a few options for you if you’re considering living nomadic lifestyle, and travel the world, but don’t really know where you should start.

Writer, editor, or translator
Being a writer, editor, or translator, if you find a company that allows it, or if you become a freelancer/small private company owner offering your services to clients directly, that might be one of the best options, as you can really work from anywhere as long a you have access to internet.

Freelance programmer, designer
Exactly the same applies here, even though it really depends on what sort of projects you are capable of working on. Bigger projects usually require the entire team to be on-site somewhere together because of security issues and everything else (even though, let’s be honest, these days it shouldn’t really matter anymore where you are, security systems and team work CMS’s have evolved a lot). If you’re creating small websites to private clients, perfect.

Poker player, sports trader
If you have educated yourself in poker maths, statistics, and/or basics of sports trading, and you are able to actually be a winner player/trader, being a nomad poker player or betting professional, playing at CasinoUK.com or any other site, it could be a good job for you. Keep in mind though that gambling laws vary in different countries and as such, in some countries playing online might be problematic.

Become a blogger
As I mentioned in the beginning, if you are able to make it, becoming a travel blogger in order to travel, or travel in order to become a travel blogger, sounds like the best option of all. However, compared to previous options, it might not be as simple as it might sound. As, even though you might be able to forget some of the elements, you usually need to be able to write well, edit your own articles, create your blog, update your blog, take good photographs (getting them from google is boooring), promote your blog, learn how to monetize your blog, monetize your blog. Well, these are just a few things you should know about, or get to know about in order to make real money with your blog.

The main thing is that you need to think about jobs that don’t necessarily require being anywhere specific, at least not for a long time. And when you think about it like that, the options are really endless. Just one thing – it might be that you can’t find the job but instead choose to create it for yourself.

All in one, let’s be honest nobody’s goal in life is becoming a nomad just for the sake of it. It’s about what it represents – independence and freedom. It represents endless new experiences all year round. It means making new connections all the time, searching, and finding new opportunities. Obviously, nomad lifestyle also has its dark sides, but I’ll leave that for next time.

Filed Under: Career Tagged With: career, digital nomad, entrepreneur, jobs, live abroad, travel and work