Want to be a Contractor? Sign up Now for IBEW’s Contracting Class
January 31, 2014
IBEW members who become electrical contractors have the advantage of knowing not just a trade and an industry, but how to unleash the powerful contributions of the men and women who work on their projects.
Today, there’s a compelling need to better train and prepare new entrepreneurs—members who are starting their own contracting businesses and who are willing and able to respond to the major changes afoot in the electrical industry.
To fill that need, IBEW is launching a new program, Market-Driven Contracting. Delivered by a faculty comprising generations of experience in contracting, the program’s two week-long sessions will not only offer the basics to get started in one’s own business, but ongoing coaching to avoid the inevitable pitfalls of new owners.
The first session, limited to 32 class members, will offered on May 18-24 at the IUPAT Residence Suites and Conference Center in Hanover, Md.
Week 1 Curriculum
Return Home to Start the Business
The pilot program will start on Sunday evening and conclude on Saturday at noon. The cost per attendee is $1,000 per week for a total of $2,000. Included in the cost is food and lodging at the IUPAT Conference Center. Travel costs will be the responsibility of each attendee.
Not just Entrepreneurs, but ‘Intrapreneurs’
“We are looking for entrepreneurs who have decided to make the leap and set out on their own to go into business. But we are also looking for “intrapreneurs,” who--through the sponsorship of existing union contracting firms—start up and manage affiliate companies that are capable of adopting new approaches,” says Fred Sargent, former CEO of Sargent Electric Co., a highly-successful IBEW employer since 1907, who is helping to establish the training program.
Built-in Peer Relationships
“Our goal is to offer subject-matter experts to help new contractors through the early stages of starting a business—the critical time when they are most vulnerable,” Sargent says. “They will study together and prepare for classes. And, since most will be from areas where their classmates are not immediate competitors, they will have a built-in future peer group to brainstorm and succeed with.”
Read More in the Electrical Worker