What Surprised Me Most | Starting an EV Charging Business
Strong Energy EV Charging
[{'start': '0.080', 'end': '6.480', 'text': "most people have no idea how massive the EV\xa0\ncharging market is about to get but you're"}, {'start': '6.480', 'end': '12.800', 'text': "here early in this video I'm going to break down\xa0\nwhy right now is the best time to start an EV"}, {'start': '12.800', 'end': '21.360', 'text': 'charging business and how to position yourself\xa0\nto profit right before EV sales really take off'}, {'start': '23.280', 'end': '27.360', 'text': "if you're watching this and you're serious\xa0\nabout starting an EV charging business that"}, {'start': '27.360', 'end': '33.360', 'text': 'actually makes money I put together a set of\xa0\nadvanced trainings over on my Gumroad these'}, {'start': '33.360', 'end': '39.280', 'text': 'videos break down exactly how to start where to\xa0\ninstall chargers how to pitch to site owners and'}, {'start': '39.280', 'end': '44.720', 'text': "how to structure deals step by step if you want\xa0\nto be the person everyone's asking how are you"}, {'start': '44.720', 'end': '50.720', 'text': "making all this money from EV chargers this is the\xa0\nshortcut you'll get real strategies real numbers"}, {'start': '50.720', 'end': '56.160', 'text': "and you can start seeing real traction real\xa0\nfast the links below all right so we're just"}, {'start': '56.160', 'end': '61.600', 'text': "getting ready to start our EV charging business\xa0\nand we're a little bit nervous because you know"}, {'start': '61.600', 'end': '66.800', 'text': "this is brand new and we're not sure what to look\xa0\nout for so what are some of the things that might"}, {'start': '66.800', 'end': '73.120', 'text': "jump out at us that we're not expecting and we\xa0\nhaven't read online or nobody's told us about"}, {'start': '73.120', 'end': '78.080', 'text': "some of the things that I remember jumping out\xa0\nat me that I wasn't expecting well one of them"}, {'start': '78.080', 'end': '83.200', 'text': "is having to test out a few different products so\xa0\nwhat are some of the No I got it so first we're"}, {'start': '83.200', 'end': '88.800', 'text': "going to have to choose a hardware supplier right\xa0\nto actually sell us the EV chargers but there's"}, {'start': '88.800', 'end': '93.440', 'text': "so many different options out there and we're not\xa0\nsure which ones are going to work best and let's"}, {'start': '93.440', 'end': '98.480', 'text': "say we've spoken to a few different suppliers\xa0\nthey gave us their pricing but you know it's"}, {'start': '98.480', 'end': '102.960', 'text': "not always just about pricing there's a lot of\xa0\nother features that we want to look out for so"}, {'start': '102.960', 'end': '111.120', 'text': "it's capabilities of the hardware what the charger\xa0\ncan do but a big one is the support services so if"}, {'start': '111.120', 'end': '115.760', 'text': 'something goes wrong with these chargers and we\xa0\nneed help is there going to be anyone there to'}, {'start': '115.760', 'end': '120.880', 'text': "help us and that's one of the things that really\xa0\nseparates the good charging companies and the"}, {'start': '120.880', 'end': '126.400', 'text': "bad ones is the level of support that they offer\xa0\nso yeah there's tons of companies where you can"}, {'start': '126.400', 'end': '132.160', 'text': "just get super cheap chargers that are sold from\xa0\noverseas and they're going to save you money on"}, {'start': '132.160', 'end': '138.000', 'text': "the upfront cost but what happens if they go\xa0\ndown and there's no one there to pick up the"}, {'start': '138.000', 'end': '143.680', 'text': "phone when you need help and you're going to have\xa0\nto spend even more money to get this thing sorted"}, {'start': '143.680', 'end': '148.240', 'text': "out then that's not going to be a good option for\xa0\nus we're not trying to lose money here so when I"}, {'start': '148.240', 'end': '153.200', 'text': 'was doing this we actually went through I think\xa0\nthree different hardware suppliers we chose our'}, {'start': '153.200', 'end': '158.080', 'text': 'first one we liked the company it was a good price\xa0\nwe felt pretty confident with how the charger was'}, {'start': '158.080', 'end': '165.280', 'text': 'performing when we first got it but once we got it\xa0\nout into the field in the real world out into the'}, {'start': '165.280', 'end': '170.320', 'text': "wild it wasn't doing what we needed it to do it\xa0\nwas having a hard time staying connected to the"}, {'start': '170.320', 'end': '176.320', 'text': "network and this brings me to my second point here\xa0\nis it's always good to have a testing facility"}, {'start': '176.320', 'end': '180.960', 'text': "or somewhere that you can test out your hardware\xa0\nor your chargers to make sure that they're doing"}, {'start': '180.960', 'end': '186.560', 'text': "what you want them to do because it's easy to just\xa0\nsit in an office somewhere and order in a charger"}, {'start': '186.560', 'end': '191.760', 'text': "and take a look at it and hope it works but if\xa0\nyou don't have somewhere that you can actually"}, {'start': '191.760', 'end': '197.920', 'text': "install it and connect it to the power source and\xa0\nsee how it operates then you're kind of just going"}, {'start': '197.920', 'end': '203.120', 'text': "in blind and when I say a test facility it doesn't\xa0\nneed to be this whole dedicated warehouse that"}, {'start': '203.120', 'end': '208.000', 'text': "you're paying rent for or anything it's really\xa0\njust somewhere even if it's just someone's home"}, {'start': '208.000', 'end': '213.680', 'text': "if it's someone's house someone has space in a\xa0\ngarage and they have enough power for a level"}, {'start': '213.680', 'end': '219.600', 'text': "two charger then I'd highly recommend installing\xa0\nit there making sure that it can connect to their"}, {'start': '219.600', 'end': '224.080', 'text': "internet because that's one of the biggest things\xa0\nthat you're going to want to be checking is how"}, {'start': '224.080', 'end': '228.960', 'text': "reliable it is on the networking side because\xa0\nwe've all been out there out and about in public"}, {'start': '228.960', 'end': '234.480', 'text': "and we've seen all these EV chargers and they\xa0\nhave yellow tape wrapped around them or big signs"}, {'start': '234.480', 'end': '240.080', 'text': "that say they're they're out of order and a lot\xa0\nof this has to do with not staying connected to"}, {'start': '240.080', 'end': '245.440', 'text': 'the internet or their networking capabilities\xa0\nnot being very strong and just like anything'}, {'start': '245.440', 'end': '250.320', 'text': "practice makes perfect and you're going to\xa0\nwant to be flexible with your expectations"}, {'start': '250.320', 'end': '255.600', 'text': "so let's say you do order in a charger that\xa0\nyou're feeling pretty confident about and you"}, {'start': '255.600', 'end': '260.640', 'text': 'put it through the ringer in your test facility\xa0\nand you know everything looks good and you get'}, {'start': '260.640', 'end': '266.000', 'text': "it out into the field and it doesn't do what you\xa0\nwant it to do just stay cool just know that this"}, {'start': '266.000', 'end': '271.680', 'text': 'is all part of the part of the practice and part\xa0\nof the the growing stage if you will part of the'}, {'start': '271.680', 'end': '276.000', 'text': "experience and you're going to have to have\xa0\nsome trial and error before you get things"}, {'start': '276.000', 'end': '282.640', 'text': "to the level that you want them to be and with\xa0\nthat is don't order a whole bunch of chargers"}, {'start': '282.640', 'end': '288.240', 'text': 'for your first order and do a massive shipment\xa0\nbecause you go in really confident with this'}, {'start': '288.240', 'end': '293.200', 'text': "one supplier i would say just order one or two\xa0\nchargers maybe they'll usually have different"}, {'start': '293.200', 'end': '298.640', 'text': "options so maybe get one of each sometimes if\xa0\nthey're a pretty established company they'll"}, {'start': '298.640', 'end': '303.920', 'text': 'give you a test product or one that you can kind\xa0\nof take a look at and see if you like it and feel'}, {'start': '303.920', 'end': '309.520', 'text': 'it physically and see how it looks in in person\xa0\nbut if not spend the little bit of money it is a'}, {'start': '309.520', 'end': '315.040', 'text': 'thousand bucks whatever and just order it in and\xa0\nsee how it works in person before you go and order'}, {'start': '315.040', 'end': '321.120', 'text': '10 or 20 of these things because you might have\xa0\nto pivot and make a shift to a different supplier'}, {'start': '321.120', 'end': '326.000', 'text': "and this is the other piece of advice I'll give\xa0\nyou is make sure you're in conversation with lots"}, {'start': '326.000', 'end': '329.520', 'text': 'of different companies lots of different\xa0\nhardware suppliers see what the different'}, {'start': '329.520', 'end': '335.760', 'text': "options are where they're made where they're\xa0\nmanufactured where their service and support is"}, {'start': '335.760', 'end': '341.280', 'text': "let's say their service and support is overseas\xa0\nand the time difference isn't at the same time"}, {'start': '341.280', 'end': '346.640', 'text': "when you need them there's all these little things\xa0\nthat having them being able to support you and and"}, {'start': '346.640', 'end': '352.640', 'text': "have your back I'd say is way more valuable than\xa0\nthe the quality of the physical charger itself"}, {'start': '352.640', 'end': '357.040', 'text': "because there's always going to be problems in\xa0\nbusiness especially in this new industry as a new"}, {'start': '357.040', 'end': '362.240', 'text': "startup and you're still learning how everything\xa0\nworks you're going to run into some problems so"}, {'start': '362.240', 'end': '367.440', 'text': 'having people that you can depend on is going to\xa0\nbe super valuable in the early stages so having'}, {'start': '367.440', 'end': '372.400', 'text': 'all these different contacts at these different\xa0\ncompanies and building those relationships will be'}, {'start': '372.400', 'end': '376.640', 'text': "really beneficial for you and if you're still in\xa0\nthe early stages and you're trying to figure out"}, {'start': '376.640', 'end': '382.240', 'text': "which companies are the best ones or their prices\xa0\nor who's recommended feel free to give me a shout"}, {'start': '382.240', 'end': '387.440', 'text': "and I'm happy to give you some basic information\xa0\ni've been in contact with a lot of these companies"}, {'start': '387.440', 'end': '391.920', 'text': 'i have good relationships with them i know a lot\xa0\nof their pricing and and what their offers are'}, {'start': '391.920', 'end': '397.760', 'text': 'so you can use me as a resource as almost like a\xa0\none-stop shop that can give you the the download'}, {'start': '397.760', 'end': '403.520', 'text': 'on how it all works and which ways to go in this\xa0\nindustry feel free to give me a shout my email is'}, {'start': '403.520', 'end': '410.640', 'text': "contact-ev.com i even have some resources\xa0\nI can send you there's comparison sheets"}, {'start': '410.640', 'end': '415.760', 'text': 'with the different companies and their different\xa0\noffers and different prices and I can usually get'}, {'start': '415.760', 'end': '420.240', 'text': 'you some discounts as well so I might be a good\xa0\nplace to start and setting up a new company is'}, {'start': '420.240', 'end': '426.400', 'text': "fun i love the the ideation stage when everybody's\xa0\nthrowing out different ideas or if you're on your"}, {'start': '426.400', 'end': '431.200', 'text': 'own you\'re coming up with new creative ideas every\xa0\nday waking up in the morning like "Oh this is what'}, {'start': '431.200', 'end': '436.800', 'text': "we should do or this is what our logo should look\xa0\nlike or our slogan or our colors or it's really"}, {'start': '436.800', 'end': '442.000', 'text': 'fun in the early stages." And you\'re going to need\xa0\nthat excitement to carry you through the times'}, {'start': '442.000', 'end': '447.040', 'text': 'that get a little bit harder when the the rubber\xa0\nhits the road and you have to really grind out'}, {'start': '447.040', 'end': '452.320', 'text': "some of these problems but in the early stages\xa0\nit's really fun i would just recommend you be"}, {'start': '452.320', 'end': '458.480', 'text': "really careful where you decide to put your time\xa0\nand energy it's super easy to spend hours building"}, {'start': '458.480', 'end': '465.040', 'text': 'a website or messing around with the font on your\xa0\noffer sheet or whatever it might be because you'}, {'start': '465.040', 'end': '469.680', 'text': "want to make sure everything's perfect just try\xa0\nto put your resources your time and your money"}, {'start': '469.680', 'end': '474.320', 'text': 'towards the things that really matter and this is\xa0\nalmost like me just talking to myself right now'}, {'start': '474.320', 'end': '480.880', 'text': "because I'm also building a business and it's so\xa0\neasy to get swept away by things that might seem"}, {'start': '480.880', 'end': '486.640', 'text': "important at the moment but in hindsight or from a\xa0\nbird's eye view turn out to not be that impactful"}, {'start': '486.640', 'end': '491.760', 'text': 'in the growth of your business and I can be a\xa0\nlittle obsessive and a bit of a perfectionist'}, {'start': '491.760', 'end': '497.520', 'text': "myself so I'm not judging you i I see you i I\xa0\ntotally understand where you're coming from but"}, {'start': '497.520', 'end': '503.520', 'text': 'trust me the font on your website does not matter\xa0\nbut what does matter is building relationships and'}, {'start': '503.520', 'end': '508.960', 'text': "connections with other people in the industry that\xa0\nhave done this before if they've gone through some"}, {'start': '508.960', 'end': '514.000', 'text': "of the experiences it's almost like reading a book\xa0\ninstead of living them and learning through having"}, {'start': '514.000', 'end': '518.400', 'text': 'to put all the time and running the mistakes\xa0\nyourself you can just talk to other people that'}, {'start': '518.400', 'end': '523.040', 'text': 'have already had these experiences and just learn\xa0\nfrom them directly and this is part of the reason'}, {'start': '523.040', 'end': '530.160', 'text': "why I got my Discord going so we can have a group\xa0\nchat of everybody that's involved in starting"}, {'start': '530.160', 'end': '535.360', 'text': 'their own EV charging business we can kind of\xa0\nshare experiences and save each other a little bit'}, {'start': '535.360', 'end': '540.240', 'text': 'in terms of oh I just went through this experience\xa0\nit was brutal i wasted a bunch of money on this or'}, {'start': '540.240', 'end': '546.080', 'text': "I didn't know these regulations for installing in\xa0\nthis type costed this much money or these permits"}, {'start': '546.080', 'end': '551.600', 'text': 'or whatever it is so if we get everybody going\xa0\non the Discord server then we can just help each'}, {'start': '551.600', 'end': '557.200', 'text': "other out and save time and money so you'll find\xa0\nthe link to the Discord in the description below"}, {'start': '557.200', 'end': '561.840', 'text': "and the next thing I'm going to say is almost just\xa0\nmy own little personal preference but there's been"}, {'start': '561.840', 'end': '569.040', 'text': 'so many different EV charging companies that\xa0\nhave some sort of relation to charge or green'}, {'start': '569.040', 'end': '576.000', 'text': "or something that's very generic if possible this\xa0\nis again my own personal opinion but try something"}, {'start': '576.000', 'end': '580.800', 'text': "that's completely different if I was starting\xa0\nanother EV charging company all over again I"}, {'start': '580.800', 'end': '587.280', 'text': 'would pick a name for my company that has nothing\xa0\nto do with green or charging or any relation to'}, {'start': '587.280', 'end': '592.240', 'text': "electric vehicles i'm a little weird i like to\xa0\nbe different but it would help differentiate you"}, {'start': '592.240', 'end': '598.080', 'text': 'from all the other generic green charge companies\xa0\nout there but you also want people to know that'}, {'start': '598.080', 'end': '603.200', 'text': "it is an EV charging company if you called your\xa0\ncompany Blue Panda they'd have no association"}, {'start': '603.200', 'end': '608.240', 'text': 'with charging so you kind of want to keep it in\xa0\nthe same world but I would just stay away from'}, {'start': '608.240', 'end': '614.400', 'text': 'calling it green charge and I love how I was just\xa0\nbashing all the generic charging and energy names'}, {'start': '614.400', 'end': '619.280', 'text': "and my business name is Strong Energy but we'll\xa0\njust leave that to the side now and in the early"}, {'start': '619.280', 'end': '625.680', 'text': 'days you might want to just consider some other\xa0\nforms of bringing in revenue from your charging'}, {'start': '625.680', 'end': '630.800', 'text': "business because of course there's the standard\xa0\nmost common ways like reselling the electricity"}, {'start': '630.800', 'end': '636.240', 'text': 'or the hardware but there are other ways you\xa0\ncan bring money in and these ways could be maybe'}, {'start': '636.240', 'end': '642.800', 'text': "advertising revenue if you advertise someone\xa0\nelse's company on your chargers or maybe in"}, {'start': '642.800', 'end': '647.760', 'text': 'your charging area then you could make some more\xa0\nmoney that way or you could sell some additional'}, {'start': '647.760', 'end': '654.880', 'text': 'services maybe beside your chargers like maybe\xa0\ncoffee or have vending machines or tire pumps'}, {'start': '654.880', 'end': '660.560', 'text': 'or vacuums just anything extra that gives you a\xa0\nlittle boost to the income stream and when people'}, {'start': '660.560', 'end': '664.800', 'text': "are starting a charging company they're usually\xa0\nthinking well how much do these chargers cost but"}, {'start': '664.800', 'end': '670.080', 'text': 'that step is almost like halfway down the line i\xa0\nwould say the most important thing is building the'}, {'start': '670.080', 'end': '674.800', 'text': 'relationships with all these different companies\xa0\nfiguring out how much all the different services'}, {'start': '674.800', 'end': '680.000', 'text': 'cost and who the best players are in the market\xa0\nif you have a lay of the land before you dive in'}, {'start': '680.000', 'end': '684.960', 'text': "you'll have a lot more of an advantage when\xa0\nthings start getting tough and you need to"}, {'start': '684.960', 'end': '691.360', 'text': 'figure things out quickly i can help you with some\xa0\nrough project pricing quotes referrals and just'}, {'start': '691.360', 'end': '696.720', 'text': 'general pro tips on what to look out for if you\xa0\nneed help feel free to give me a shout my email'}, {'start': '696.720', 'end': '703.600', 'text': "is contact strongenergy-ev.com and as always I'd\xa0\nlove if you to subscribe to the channel and keep"}, {'start': '703.600', 'end': '707.840', 'text': "following the journey thanks so much for checking\xa0\nin and I'll catch you on the next one cheers"}]