Shark Tank’s Kevin O’Leary knows money: how to make it, save it and spend it. The $400 million-dollar-man is used to dishing shrewd business advice. His latest recommendation? Get rich quick by becoming a plumber.
“Be a plumber, they get rich,” O’Leary said to CNBC. “Everybody has to have a plumber, even in a recession.” After all, plumbing will always be in style and it will always be in demand. Plus, the career is recession-proof.
“Every single building on earth wants to have electricity and plumbing working,” O’Leary told CNBC. “Think about it that way. I don’t care where you are, people are going to want your services.”
The need for plumbers is growing. Between 2016 and 2026, the job outlook will grow 16%, much faster than average, according to the Bureau of Labor Statistics. The average income of a plumber is $53,910. There are fewer barriers to entry in the plumbing career field than getting a college degree. Many university graduates leave with student debt and aspiring plumbers can train then hop right into their careers.
U.S. News and World Report ranked plumbing as the 59th best career field in 2019, based on good pay, challenge, opportunity for advancement and good work-life balance.
Plus, plumbing exam prep and continuing education courses are easy and accessible with online programs.
ATTENTION PLUMBERS AND PLUMBING INSPECTORS
We are looking for instructors and presenters to help us grow our plumbing school. If you are a UPC plumber, have experience working with Fire Sprinkler Systems or have ideas for plumber courses, we want to hear from you.
Benefits to becoming part of our instructor/presenter team
- Opportunity to create course materials or simply present materials we have created.
- Option for bulk payment or passive income
- Nationwide name recognition in your field