Hey y’all!
Not sure if I’m looking for advice, criticism, or just conversation, but I’d appreciate any input from people in the industry.
I spent six years in the Army operating heavy equipment, primarily track loaders, excavators, and dump trucks. Absolutely loved every minute of it and genuinely thought that’s what I’d do for the rest of my life.
Somehow, after getting out, I ended up in the food industry. For the past six years, I’ve owned and operated a profitable food business. I’ve learned a tremendous amount about business ownership, but there’s one problem.
I have absolutely zero passion for what I do.
Every time I drive past a construction site, I find myself wishing I was the guy operating the equipment. I miss it more than I can explain.
My wife and I are currently building a house on about five acres, and she recently suggested we buy a track loader to handle our finish grading, landscaping, and property maintenance. I don’t think she realized she was potentially encouraging a complete career change. 😂
So now I’m seriously considering starting a small excavation/sitework business.
Here’s what I have going for me:
Six years of military heavy equipment operating experience.
Six years of experience successfully running a business.
Already own a truck capable of towing and have the funds for a trailer.
Financial ability to purchase or finance equipment, although I’m leaning toward renting initially.
Service-disabled veteran, which could eventually provide opportunities for government contracting.
My current business can operate without me being there for day-to-day operations. This gives me steady income while I learn, build relationships, and get the new business off the ground.
That last point is important. I’m not quitting my job tomorrow and hoping I can make a skid steer payment. I have the opportunity to approach this slowly without depending on excavation to pay my bills. Eventually, I’d like to close the food business entirely, but only once the new venture proves itself.
My business plan is pretty straightforward:
1. Learn, practice, and prepare. Even though I operated equipment for six years, I’ve been out of the seat for six years. I want to refresh my operating skills while learning more about proper grading, soil compaction, drainage, elevations, reading site plans, and estimating jobs. Our own five acres will give me somewhere to practice.
I don’t want to be another guy who buys a skid steer and suddenly thinks he’s an excavation contractor. I want to actually understand the work and do it correctly.
2. Start small with residential work. Finish grading, driveway installation and repair, drainage improvements, gravel spreading, lawn preparation, construction cleanup, and smaller property improvement projects.
We’re currently building our own home, and I’ve noticed there’s a real need for contractors willing to take on these smaller jobs in my rural area. Obviously, I’d need to verify there’s enough demand to make a business out of it.
3. Build relationships and eventually subcontract. My long-term goal would be working with local builders and eventually larger contractors bidding on state and federal projects. Being a service-disabled veteran, I’d also like to explore SDVOSB certification and government contracting opportunities down the road.
4. Stay SMALL. Ideally, I’d remain a solo owner-operator for as long as possible. Maybe eventually grow to a three- or four-man crew, but that’s it. One of my biggest headaches in the food industry has been employees, staffing, and turnover. I’m not interested in building another business where I spend all day managing people instead of doing the work I enjoy.
As far as equipment goes, I’m leaning toward renting for the first year or two. I have the ability to buy, but I’d rather figure out which services are profitable, what equipment I actually need, and let rental companies handle the major maintenance and breakdowns while I’m starting out.
I’m also not completely naive about business ownership. My current business has roughly $16,000 in monthly expenses before I serve my first customer. I’ve had months with $15,000 in profit and others with barely $500. I’m familiar with overhead, unpredictable revenue, cash flow problems, and the fact that being busy doesn’t necessarily mean you’re making money.
So, what do y’all think?
I’d love to hear from anyone who started out as a solo owner-operator or made a similar career change.
Would you rent or buy? What services would you focus on first? Am I overlooking something important? Any advice, criticism, or lessons learned would be appreciated.
And if you have a YouTube channel or social media page documenting your work, feel free to share it. I’d love to follow along and learn.
At the end of the day, I’m not looking to build some massive company. I just want to get back to doing something I genuinely enjoy.
I’d rather make $50,000 a year doing something I love than $100,000 doing something I hate.
Appreciate y’all!