Hi everyone,
I have been looking at the possibility of starting a machine shop from scratch and was interested in some feedback from the community and experience if anyone has done this type of start up before.
I am most interested in prototyping, but am not sure how to get into it just starting out.
My main concern is becoming and staying profitable quickly considering the large expense of purchasing equipment.
Here are some of the questions I want to run by those who are more experienced in the field or who have started a business recently from scratch:
1) If you were starting out on a tight budget or over again, what equipment would you recommend?
2) Is subcontracting work before buying equipment a good option to build up a few customers first and gain traction on the web/advertising/industry contacts?
3) Is the internet a reliable source of work if you have mastered SEO/Adwords?
4) How quickly did you expand, or how long did it take for you to become profitable after taking the plunge and purchasing equipment?
As I work on a startup plan, I was looking forward to get some feedback.
If you think I am crazy or off my rocker, just go ahead and say it .
-NextGen
I have been looking at the possibility of starting a machine shop from scratch and was interested in some feedback from the community and experience if anyone has done this type of start up before.
I am most interested in prototyping, but am not sure how to get into it just starting out.
My main concern is becoming and staying profitable quickly considering the large expense of purchasing equipment.
Here are some of the questions I want to run by those who are more experienced in the field or who have started a business recently from scratch:
1) If you were starting out on a tight budget or over again, what equipment would you recommend?
2) Is subcontracting work before buying equipment a good option to build up a few customers first and gain traction on the web/advertising/industry contacts?
3) Is the internet a reliable source of work if you have mastered SEO/Adwords?
4) How quickly did you expand, or how long did it take for you to become profitable after taking the plunge and purchasing equipment?
As I work on a startup plan, I was looking forward to get some feedback.
If you think I am crazy or off my rocker, just go ahead and say it .
-NextGen