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Stesso

Acquire Equipment Incrementally

0:45
3:08
2.7K views

At 0:45 in

Should I EXPAND & Buy Equipment or am I Nuts? Nervous Father of 2

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What happens here

The first piece of direct advice provided is to adopt an incremental approach to equipment acquisition. The speaker strongly recommends purchasing new equipment one unit at a time. This method allows the business to grow organically, manage capital expenditure effectively, and provides time for the owner to integrate new operations and skills without overwhelming resources.

Goal: Control business growth and reduce financial risk by adding one piece of equipment at a time.

Tools and materials

  • Heavy Equipment — Performing new services such as excavation or snow removal, acquired one unit at a time

What they say

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PS now this is the important part I would not be running the machine I am in talks with an experienced operator to come on board okay the first thing yes buy one machine at a time that's how I built my business that's how most businesses get started one piece of equipment at a time but you're making a mistake do not rely on an operator to come in and teach you the ropes with the machine learn the hard way just grab

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