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Discussion in 'Heavy Equipment & Pavement' started by Schrock Lawns, Jan 23, 2013.
the business is a llc
Good to know. Good luck if you decide to purchase one, you won't go wrong with Cat. I love mine and I can't imagine how I used to do some things without it.
what model do you have?
I think it would be a neat toy for a 14 year old. The payment shouldn't be much since the kid has no overhead, lives at home, and no cost of living.
If it were me I would try to get a nice used machine for 25k or so.
And I think an education is important, but a work ethic is more important. How many college kids have useless degrees these days and still live at home with their parents?
I know if I went to college my net worth would be 25% if that of what is today. I have busted my rear since I was his age and I don't have regrets.
Muddywater. I agree 100%. Unfortunately college does not teach people work ethic and an ability to know how to make money. I do not have a lot but I feel like I would have a lot less had I spent four years in college vs growing a business.
A man (woman) with a strong work ethic will never go hungry. I think there are things you can do that may help open doors of opportunity and college, military are a couple of those doors. However a strong work ethic is the cornerstone of success. Without that, you can open as many doors as you like but you will never reach your potential.
I think what I've decided is I'm going to hold off on the skid unless the guys wants more work then I anticipated and/or I get some other jobs lined up for more skid work. I think at this point in time it would be best for my company to invest In marketing and a new truck which lettered up serves as marketing. Hopefully mid summer ill have the work to buy an skid and I feel like buying one now and it not having all the stuff I want on it ill regret it. Thanks for all your info tho guys
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I think you're making the right move by getting a new truck and going after the marketing first. Don't worry, if you do things right a skid may only be the tip of the iceberg in terms or what machines you get to to play in (and pay for) in the future!
Good luck Schrock!
Dragging a 8000 pound machine around on a 3/4 ton can be risky as well.
Bigger doesn't always mean better, a 5000 pound skid can fit into some tight spots and they can lift a fare amount....plus grade, run a rake etc....My advise is to get a used smaller machine and go make some profits.
Then later on down the road if you have the work get the larger machine and the proper truck and trailer to haul it. best of luck on your adventure