I read so many good stories here I thought I would share mine. Not nearly as colorful as many but here it goes.
Since about 2000 I had been looking into starting a Machine/Fabrication shop. I had looked any a couple of shops to purchase but the stars just never seemed to align. I had been changing jobs a lot as I get easily bored. I went from Alstom Power to Dresser Rand to Rotating Machinery. I quit Rotating Machinery and got by Series 7 stock broker license and went to work as a investment adviser. I absolutely hated it. I ended up going back to Rotating Machinery.
In 2006 I was working in a back building with one other guy for Rotating Machinery and I decided to type up a letter and make an offer for the equipment that was in that building and I would lease the building from him. Very nervous to approach owner as I assumed he could say no and realize I really wanted to be on my own and just fire me. Not to mention 4th child was on the way.
I handed the letter to the owner and told him he did not need to read it right then as I did not want to pressure or put him on the spot. Almost 2 weeks went by and he called me to his office. He asked me if there was anything that would get me to stay and wanted to make sure it was not a problem between me and the company. I told him that if I stay today I will still be looking for the next opportunity to start a business as it is just something I want to do. He said I understand as he did the same thing himself and understood the desire of owning a business. He said I accept you offer and you are on your own Friday.
This man who I seldom spoke with turned into the be such a great guy. Charged me almost nothing for rent and for almost 5 years. Loaned me tools, machines, knowledge etc... He never even cashed the last months rent.
I have read many post about people starting business and ones that were handed done. I am surely going to admit I had a lot of help, but I also put in a lot of my time, money and personal sacrifice with my family in to it. It was many many hours and lots of frustration along the way. I spent nights at the shop with out going home for 40 hours some times. I hope to build a business that my children can be a part of some day.
I hope to get some pictures on the equipment up that I started with.
Since about 2000 I had been looking into starting a Machine/Fabrication shop. I had looked any a couple of shops to purchase but the stars just never seemed to align. I had been changing jobs a lot as I get easily bored. I went from Alstom Power to Dresser Rand to Rotating Machinery. I quit Rotating Machinery and got by Series 7 stock broker license and went to work as a investment adviser. I absolutely hated it. I ended up going back to Rotating Machinery.
In 2006 I was working in a back building with one other guy for Rotating Machinery and I decided to type up a letter and make an offer for the equipment that was in that building and I would lease the building from him. Very nervous to approach owner as I assumed he could say no and realize I really wanted to be on my own and just fire me. Not to mention 4th child was on the way.
I handed the letter to the owner and told him he did not need to read it right then as I did not want to pressure or put him on the spot. Almost 2 weeks went by and he called me to his office. He asked me if there was anything that would get me to stay and wanted to make sure it was not a problem between me and the company. I told him that if I stay today I will still be looking for the next opportunity to start a business as it is just something I want to do. He said I understand as he did the same thing himself and understood the desire of owning a business. He said I accept you offer and you are on your own Friday.
This man who I seldom spoke with turned into the be such a great guy. Charged me almost nothing for rent and for almost 5 years. Loaned me tools, machines, knowledge etc... He never even cashed the last months rent.
I have read many post about people starting business and ones that were handed done. I am surely going to admit I had a lot of help, but I also put in a lot of my time, money and personal sacrifice with my family in to it. It was many many hours and lots of frustration along the way. I spent nights at the shop with out going home for 40 hours some times. I hope to build a business that my children can be a part of some day.
I hope to get some pictures on the equipment up that I started with.