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Re: Tools needed for custom kitchen building
I suppose I should clarify my email yesterday as it elicited a few responses both here and privately, not that we need to continue hijacking this thread in further discussion: 1. Yes, if you are serious about bootstrapping, the shop I shared about prove it can be successful with minimal investment cost. Will you be limited in capability? Yes. Will you be limited in efficiency? Absolutely. Will you be in the position of having the least to lose when things go bad? Probably. I know several long-term businesses that have "made it" with owners with scarcity of capital to make things work ideally. either by necessity or by culture. This group's culture is not like that, but don't say it's impossible to run a cheapskate business! 2. To clarify the equipment in this other shop -?
I used "CMS" to represent compound miter saw, not festool CMS router table (I have one of those, it's great!), like a dewalt $200 chop saw,?not even a slider. You would think the sprayers would have a decent air purification?unit or dryer, but alas, no dryers and just an inline filter can inline is an old oil-splash 40 gallon surplus I-R from 30 years ago like my dad used to have in his one-man mechanic shop and bought at a garage sale. I'm fairly certain nothing in this shop was ever bought new or at anything other than auction prices, and I distinctly remember the owner telling me that he got so mad at the guys ruining a $200 DeVilbiss gun, so one day he just bought a Harbor Freight purple special and never went back. In fact he buys a new one everytime they send him a coupon in the mail rather than deep-cleaning the ones he has. The table saw was equivalent to a $600 Rigid contractor saw. When the blum machine is your most expensive piece of equipment and it cost?more to transport your edgebander than to buy it, you know you are skeet of investment capital. 3. From an overall business perspective, no, no shop like that is ever gonna compete with the big shops with state of the art equipment and big overhead commitments clamoring for significant market share. But not every business has the same priorities, or philosophies, and many aren't even on sync in the same business cycle depending upon their clientele (commercial/new construction vs. residential vs. niche needs). With the context that I've evaluated at this point 100s of businesses, one theme has rang true to me - getting bigger doesn't guarantee bigger profits or a happier life as an owner/operator,?but it does guarantee bigger liabilities. I can personally account for the contingency plan I've had in place that I could still keep my primary business facility running just by myself if I had to shed the crew and revenues in certain business lines dropped? - and that's just what I have done to survive through 2020 thus far. I couldn't have done that if my liabilities were too heavy to cover. Oh! What's This? I see an email for another auction for a shop closing coming in.... 4. Be safe, all, and be happy, much love and I enjoy these conversations as welcome breaks in between shop work! On Wed, Dec 9, 2020 at 8:05 AM imranindiana via <imranindiana=[email protected]> wrote:
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Brett Wissel Saint Louis Restoration 1831 S Kingshighway Blvd (at Shaw Blvd) St Louis, MO 63110 314.772.2167 brett@... |
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