How to start a successful excavation company. Episode 15
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- čas přidán 17. 06. 2023
- On this episode Brandon and Devon sit down and talk about starting their companies from Scratch and how they have grown them into successful businesses. They discuss the things people need to succeed in business and how to grow your business to be successful in Excavation and the Construction Industry. Devon and Brandon also discuss the key things you will need to take your business to the next level. They talk about leadership and the key it plays in making good decisions.
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The emphasis on leadership and decision-making in this podcast is spot-on. It's not just about digging dirt; it's about leading your team to success. Excellent discussion!
@todd.westra Thank you for the support.
You guys are awesome. Thank you for sharing your knowledge and experience. This is very helpful for me.
Great to hear! Let us know what else you would like to hear more about.
Researching it to death is the biggest issue. Maybe talk about starting sub companies in order to start a bigger business later on. For instance I started a dump trailer business hauling material for residential people. built that into a mini skid steer and dump trailer business. its a good way to not grow too fast and get in over your head right away. also a way to develop a customer base that doesn't cost a ton of money. 2 jobs a months pays the overhead and everything after that is profit, I can do 4-5 deliveries on every Saturday between 8am-noon. I think you guys skip the first 2-3 steps when talking about starting a business.
@cullencramer1 Thank you for the words of wisdom. We are trying to get the best info out to people. Thank you for your insight and we would love to hear more things you may want to add.
@@ongrade5384 I posted that comment before I was done with the whole podcast and you guys touched on that subject. This can be a tough business to get into, coming from someone who didn't grow up in it or have a mentor. I would love to have someone I can bounce quotes off of or talk to about projects, I just don't.
Some ideas for getting started: are there any programs/apps that people can download or pay for that don't break the bank to start out with like Canva for creating ads. What about something like the Jobber app for invoices and quotes, a square card reader for accepting credit card payments. How are you tracking money coming in and out at the beginning? excel spreadsheet? when do you buy the big software? Tracking receipts for purchases and how to make those purchases. Setting up accounts at rental or gravel pit places can save you money and help you cash flow things easier. How to collect deposits for materials or machine rental so you cant get burnt. What's your home life like? can you sneak away 3-4 nights a week and do side work? Is your day job going to fire you or will they work around your schedule? How far are you from a gravel pit or a place to get material? Are they open on Saturdays so you can get work done? How are you making machine payments in the winter? Are you mechanical enough to know how to fix a machine and get it home or do you have to pay someone? Do you have an area at home to work on it? Is your home property capable of running a business? Enough room for trucks, trailers, equipment, can you store material there if needed? Sounds dumb but power washing equipment and keeping up on oil changes and stuff, it takes so much damn time. I never thought about how much time I would spend washing my truck and dump trailer to keep the salt off it or to look good when going to a potential new customer. I could make a list a mile long. These are all the problems I ran into and things I had to overcome. I didn't burn the boats in 2022 when I started but I jumped in with both feet and I've just been learning as I go. Really glad I found the podcast
We're glad to have you sir