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OFI 064: Welding Farm Products | Colin Blume | Blume Welding

SHOW NOTES

If you are interested in this business don’t forget your safety glasses!

KEY IDEAS:

ADVICE FROM COLIN BLUME:

START SMALL: Colin does not advise using debt to get started.  It will compromise your decision making and put in a position that is more likely to cause you to fail.

NO FANCY EQUIPMENT: Colin does not think that starting with brand new, fancy equipment is the best idea.  This encourages debt, and the immediate benefit of all the best equipment is not likely to pay off for you.

BEST BUSINESS ADVICE THAT COLIN BLUME HAS RECEIVED:

DON’T GIVE UP: Colin has received advice from friends and family alike.  Tomorrow is a new day, don’t give up because today did not go well.  There is a tomorrow, and every day is a learning experience.

RELIABILITY: You need to be reliable, keep your word and get things done on time.

PERSONAL HABIT THAT ADS TO COLIN BLUME’S SUCCESS:

 RESPONSIBILITY:  Colin believes in being responsible.  The “buck” stops with him.  If something breaks, or something is not done on time, he takes responsibility for those issues.

BOOK RECOMMENDATION:

Colin did not have a book recommendation, but he talked a lot about responsibility.  I found Taking Responsibility: Self-Reliance and the Accountable Life and it had great reviews.  Colin is right about responsibility.  Check this book out to polish up your skills in that area.

CONTACT INFORMATION:

Colin Blume’s Telephone Number: (605) 450-1549

Colin’s Facebook Page: LINK