Part 7/15:
One of Tyler’s most effective strategies was to keep expenditures low at startup. He leased equipment initially, then purchased his own machine once he confirmed steady demand. He rented a parking lot space for vehicle storage and rented equipment on a per-day basis, avoiding large capital outlays until cash flow was predictable.
His fixed costs hovered around $2,000 to $3,000 monthly, comprising trailer lease, truck payments, equipment rental, and insurance (~$400/month). Gas and maintenance were additional costs but manageable. Tyler advised new entrepreneurs to avoid heavy upfront investments—rent equipment and test the waters.