Top_Midnight_2225

Where's my popcorn...

That depends on the business, but mainly depends on you and your drive.

If it's a business that's software related or similar, then it's much easier to grow then let's say...a construction business, or something that requires your physical presence at a location.

Work 8-4 (or 9-5 or 7-3), then deal with obligations and your business simultaneously or one after the other, and it becomes trickier.

As others have said, if you have no family / kids / partner then you can devote many more hours to it.

Add a partner, and subtract some time from that.

Add a kid, and each kid needs time from their parent as well (unless you're an absent parent).

There's only 24h in a day, and it's difficult to fit everything in, so something needs to take precedence over the others.

First thing's first...you need to decide how badly you want it. Then figure out the path.

So you invested 5k into the business, and THEN you went to check the financials AFTER you put your money in?

It's an investment, there's risk involved. You knew that going in.

Unfortunately I'd consider this a 5k lesson learned. Even if you do get a judgement, good luck collecting.

Generators were doing well IIRC. But the air compressors were his biggest market share.

Then it just continued growing from there.

Worst / hardest part is keeping things running as they get abused on job sites. But that's when you have good mechanics, and charge the customers for damage.

Construction equipment, but you deal with big players depending on area.

My buddy started off with 2-3 generators, and expanded to air compressors, light standards, and continued to build.

Went from 1 piece of equipment, to 50 or more.

However...he already had good contacts in the construction field in his city so he had a head start.

Great post! My only addition is the truck will need some type of 'crane' or 'winch' on it, because you need to load and offload the potties.

I've only seen separate trucks come in to wash the potties as there's one truck to deliver / remove, and another one to clean them.

Unless you drop on/off on a fairly regular basis where cleaning will happen off site at your own facility.

The MBA isn't worth anything if you can't leverage the contacts and relationships you build.

I know plenty of engineers that went to get their MBAs...only to never actually move up or use that MBA for anything more than what they're doing. 100% not worth it for them.

However, another colleague went to get his MBA and rocketed his career 10 fold within the last 3 years jumping from level to level until he's a Senior Director at a consulting company making stupid money.

The MBA isn't the magical answer, that's just good marketing.