The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

INTRO Hello from a welder turned tool supplier and business owner

DHOOTEN10

New Contributor
Oct 19, 2018
2
7
13
My name is Dustin. I'm 28, from Springfield Missouri, USA.

I unknowingly became an entrepreneur over the last 4-5 years. I originally did not view it that way, but have opened up doors for myself that i can now see could lead to great success. The big question is what door to choose.

I have worked in the oilfield as a welder for the last 10 years. For the last 5 I have acted as a sub contractor supplying the tools necessary for the work i performed. Having the tools for the job opened up side work. Side work became abundant. Workers/ helpers have been hired. And before i knew it i had a Business.
The next part of this story is about to be written, and that is why i am here
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Andy Black

Any colour, as long as it's red.
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
Speedway Pass
May 20, 2014
8,569
36,324
4,306
Ireland
My name is Dustin. I'm 28, from Springfield Missouri, USA.

I unknowingly became an entrepreneur over the last 4-5 years. I originally did not view it that way, but have opened up doors for myself that i can now see could lead to great success. The big question is what door to choose.

I have worked in the oilfield as a welder for the last 10 years. For the last 5 I have acted as a sub contractor supplying the tools necessary for the work i performed. Having the tools for the job opened up side work. Side work became abundant. Workers/ helpers have been hired. And before i knew it i had a Business.
The next part of this story is about to be written, and that is why i am here
Great story. Thanks for sharing, and welcome. What’s next? What are you stuck on or thinking about next?

EDIT: I changed your thread title to do you justice.
 
Last edited:
OP
OP
D

DHOOTEN10

New Contributor
Oct 19, 2018
2
7
13
Great story. Thanks for sharing, and welcome. What’s next? What are you stuck on or thinking about next?
What im stuck on is a decision.
I currently still do sub work for an oil company and spend 5 days a week out of town. Making roughly 4k before taxes. I take time off for big jobs back home that require my presence and not just my employees.

I have recently been offered a piece of land in a town near springfield. It is roughly 160ftx 1500ft.
1500ft is road frontage on a 35mph section through town that as of 2015 saw a trafic count of 13000 daily.
My initial thought was, Welding and fabrication shop!.( home with family every night)
But after seeing the potential in the property im questioning if a different type of commercial building (retail space for rent, apartment complex, ect) wouldnt bring in the same or more income than a fabricaton shop.

I am looking to find information and advice to help with my decision
 

Andy Black

Any colour, as long as it's red.
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
Speedway Pass
May 20, 2014
8,569
36,324
4,306
Ireland
What im stuck on is a decision.
I currently still do sub work for an oil company and spend 5 days a week out of town. Making roughly 4k before taxes. I take time off for big jobs back home that require my presence and not just my employees.

I have recently been offered a piece of land in a town near springfield. It is roughly 160ftx 1500ft.
1500ft is road frontage on a 35mph section through town that as of 2015 saw a trafic count of 13000 daily.
My initial thought was, Welding and fabrication shop!.( home with family every night)
But after seeing the potential in the property im questioning if a different type of commercial building (retail space for rent, apartment complex, ect) wouldnt bring in the same or more income than a fabricaton shop.

I am looking to find information and advice to help with my decision
Gosh. Not my lane at all. Maybe some other members might drop in and help.

In the meantime, maybe check out SteveO’s threads as he’s a property guy?
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.


Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Sponsored Offers

  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
Damn this is impressive. You got a huge amount of students on there and great reviews. Great work Lex.
Replies
7
Views
521
Top Bottom