G
Gaisford
Hi all,
I have recently been made redundant and at the age of 44 seriously considering my career options. I used to be a highly paid recruitment executive, away from home for most of the week, and I am fed up with not seeing my wife and children. I have been searching for a job for the last 8 weeks, but things are slow. The only opportunities I have seen will mean going back to a life away from home most of the time, and there is more to life than that! Anyway, that brings me to the point of this post....For a not inconsiderable amount of money, I could train as a plumber over the next 12 weeks, set myself up as a sole trader and market my new business to the local area. I have considerable experience in marketing businesses and have run my own business previously, so that doesn't phase me, however I do have a few questions:
1. Will 12 weeks training give me the basic knowledge to be able to trade effectively and proficiently as a self employed plumber? (I realise nothing can be more effective than years of experience working alongside experienced professionals however I do not have the luxury of time) I do however want to offer a reliable and professional service to all my new clients.
2. In your experience how long does it take to build up a busy business that is self sustaining. I realise that "busy" is subjective, however with aggressive marketing how many clients would I be able to win in the first 3 months for example?
3. What is the state of the market at the moment? I am thinking of setting up specialising in domestic work (not site work). I imagine business is a little slow at the moment, or as people are not moving house is trade picking up?
4. Realistically, how much can I expect to earn in years 1, 2 and 3?
5. Any further advice before I embark on this new experience would be much appreciated.
Mark.
I have recently been made redundant and at the age of 44 seriously considering my career options. I used to be a highly paid recruitment executive, away from home for most of the week, and I am fed up with not seeing my wife and children. I have been searching for a job for the last 8 weeks, but things are slow. The only opportunities I have seen will mean going back to a life away from home most of the time, and there is more to life than that! Anyway, that brings me to the point of this post....For a not inconsiderable amount of money, I could train as a plumber over the next 12 weeks, set myself up as a sole trader and market my new business to the local area. I have considerable experience in marketing businesses and have run my own business previously, so that doesn't phase me, however I do have a few questions:
1. Will 12 weeks training give me the basic knowledge to be able to trade effectively and proficiently as a self employed plumber? (I realise nothing can be more effective than years of experience working alongside experienced professionals however I do not have the luxury of time) I do however want to offer a reliable and professional service to all my new clients.
2. In your experience how long does it take to build up a busy business that is self sustaining. I realise that "busy" is subjective, however with aggressive marketing how many clients would I be able to win in the first 3 months for example?
3. What is the state of the market at the moment? I am thinking of setting up specialising in domestic work (not site work). I imagine business is a little slow at the moment, or as people are not moving house is trade picking up?
4. Realistically, how much can I expect to earn in years 1, 2 and 3?
5. Any further advice before I embark on this new experience would be much appreciated.
Mark.