Skip to content
POWER100
Join Free
Content

S3 EP06 The Electrician Who Would Not Quit (Even Where 99% Would) with Andy Keil

⏱️ 1:01:51 🎤 Clay Neumeyer, Joseph Lucanie, Andy Keil
AUDIO EPISODE
S3 EP06 The Electrician Who Would Not Quit (Even Where 99% Would) with Andy Keil
0:00
0:00

Chapters

Click to jump to section

  • 0:00
    Introduction to Andy Kiel
    Clay introduces Andy Kiel, highlighting his journey and the deep, empowering story he's about to share.
  • 5:00
    From Military to Electrical
    Andy recounts his unexpected entry into the electrical trade after leaving the military and his early career progression.
  • 12:02
    Starting His First Business
    Andy discusses his decision to start his own company in 2009, including the sacrifices made and initial marketing strategies.
  • 33:31
    Niche Marketing and Growth
    Andy explains how niching down to parking lot lighting led to significant growth and larger projects, including a $3 million fiber optic project.
  • 40:23
    Texas Transition and Challenges
    Andy details his move to Texas, the challenges of running his California business remotely, and the decision to wind it down.
  • 50:58
    Unshakable Resolve and Rebuilding
    Andy reflects on his mindset about failure and his unwavering determination to rebuild his business in Texas, mirroring his initial strategies.
  • 56:36
    Personal Tragedy and Miracles
    Andy shares the profound personal challenges he faced, including his wife's battle with cancer and his son's miraculous recovery from blindness and deafness.
  • 1:19:59
    New Beginnings and Partnerships
    Andy discusses starting Kiel Electric in California with new partners, highlighting the benefits of their collaborative approach.
  • 1:28:23
    Pricing and Mindset Shift
    Andy explains his evolution in pricing strategy for residential service, moving from project-based rates to understanding the true value of his services.
  • 1:54:57
    Future Goals and Advice
    Andy outlines his future aspirations for Kiel Electric, including expansion and potential multi-trade ventures, and offers advice to aspiring electricians.

Speakers

C
Clay Neumeyer
Host
J
Joseph Lucanie
Host
A
Andy Keil
Kiel Electric

Key Takeaways

✦

Embrace resilience and view challenges not as failures, but as opportunities for learning and growth.

✦

Strategic niche marketing, like targeting parking lot lighting, can provide a crucial foot in the door for broader business opportunities.

✦

Be willing to take calculated risks and learn new skills on the fly to secure larger, more complex projects.

✦

Recognize the diminishing returns of large, long-term projects versus the higher profit margins and quicker turnaround of service and repair work.

✦

Cultivate strong partnerships where each member brings unique skills and clear responsibilities to the table.

✦

Understand the true cost of running a business and price services accordingly to ensure profitability and future growth.

✦

Foster a transparent work environment where employees understand the business's financial realities and their role in its success.

Want the full experience?

Join Power100 for full access to every episode, AI-powered insights, personalized coaching, and a network of industry leaders.

Join Power100 →