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3 Year Anniversary

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(@jimmy-cleveland)
Posts: 2812
Topic starter
 

Well, yesterday was the 3rd anniversary of the day that I consider my "official" first day of business.

I opened up my solo business on August 1, 2007. It has been a wild ride, and continues to be exciting, stressful, and overwhelming at times.

Would I do it all over again, yes. Would I change a few things, you bet.

Hope to be able to post this same time next year celebrating the 4 year anniversary.

Jimmy

 
Posted : August 2, 2010 3:39 am
(@noodles)
Posts: 5912
 

:good: Congratulations, Jimmy!! :good:

Sounds like your business has kept you on your toes. This is a good thing!
I wish you many more years of success and profit. :star:

 
Posted : August 2, 2010 3:43 am
(@kris-morgan)
Posts: 3876
 

Congrats dude! It takes self discipline to be solo. More than most have. It would seem to me that you couldn't (or wouldn't) take some jobs that others with crews have, just due to logistics and safety.

However, there is a surveyor a little North of us that has made a fine living doing lot jobs. About three a week by himself at 400 to 500 a pop isn't bad money. Mix in a 20 to 60 acre boundary and you've got some serious coin with very little fixed and variable costs. Most of your costs, other than equipment, at intrinsic and are worth whatever you feel it's worth. This allows you more flexibility in pricing jobs due to your price can fluctuate with no adverse affect on your business model.

Tough go when it's this hot though and I hate cold weather even more.

Anyway, congratulations, it's an accomplishment in this market to have started when you started and still be running the race. Kudo's brother.

 
Posted : August 2, 2010 3:46 am
(@mike-falk)
Posts: 303
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Congratulations Jimmy!

Two more years for the standard 5 year bench mark. Keep plugging.

I have a contrary view to Kris. I think $1,500/week would force me elsewhere.

 
Posted : August 2, 2010 4:53 am
(@gregg-bothell)
Posts: 82
Registered
 

Around these parts, that $1,500/wk would look pretty good. That would net about $40-50K/yr after expenses, which is well above the median income for my area.

I would be happy to make that much working 3-4 days a week. It depends on your lifestyle.

 
Posted : August 2, 2010 5:23 am
(@carl-b-correll)
Posts: 1910
 

Congrats Jimmy!!

In about 5 months I will be celebrating my first year being open. Now, I didn't do my first job for a while after that but I was technically "open".

Great job!!

Carl

 
Posted : August 2, 2010 5:33 am
(@just-mapit)
Posts: 1109
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Congrats....keep pluggin' away and stay safe!

 
Posted : August 2, 2010 5:49 am
(@mike-falk)
Posts: 303
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Gregg

Gregg

It would be good discuttion for you to start a new thread outlining what your costs are and how you keep them that low.

 
Posted : August 2, 2010 6:44 am
Wendell
(@wendell)
Posts: 5782
Admin
 

Woo hoo! Congrats! :party:

 
Posted : August 2, 2010 6:48 am
(@mappingmaster)
Posts: 19
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Congrats Jimmy. Hope you have many successful years to come!

 
Posted : August 2, 2010 9:06 am
(@butch)
Posts: 446
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Congrats dude! 🙂 Always good to hear of someone stayin upright when the (bad) winds are blowing so hard. I got ideas of running my own firm someday...and a couple SITs / techs that would sign on with me in a heartbeat - i just don't see it happening anytime soon sadly

 
Posted : August 2, 2010 10:16 am
(@kris-morgan)
Posts: 3876
 

Mike

COL is important for each to decide. $1500/wk is cutting a fat hog around here.

 
Posted : August 2, 2010 4:57 pm
(@carl-b-correll)
Posts: 1910
 

Mike

> COL is important for each to decide. $1500/wk is cutting a fat hog around here.

That would be mighty fine here too!!

 
Posted : August 2, 2010 7:42 pm
(@mike-falk)
Posts: 303
Registered
 

Mike

We are talking about $1500/wk minus taxes, insurance, equipment, vehicle, expendables, payroll and other costs?

 
Posted : August 2, 2010 9:14 pm