Oct 21 2024 35 mins
James Simmons, Co-founder of Montana Excavation & Utilities, joins Taylor on the podcast today to share his journey from Pennsylvania to Montana and discuss the trials and triumphs of building a business in the excavation industry. From early entrepreneurial ventures as a teen mowing lawns to managing a growing excavation company, James’ story is one of resilience, determination, and smart risk-taking. Whether it’s overcoming financial challenges or navigating the competitive Bozeman construction market, his experiences provide valuable insights for listeners in the construction and business sectors.
Together, Taylor and James dive deeper into the realities of owning and running a business in construction, discussing the importance of taking calculated risks, maintaining older equipment to manage overhead, and the struggles of balancing mental health while growing a business. James emphasizes the critical role of partnerships, both in business and personal life, to share the burden and keep motivation high. He also reflects on the power of a clear vision, including the use of vision boards to stay focused on both personal and professional goals. Whether you’re interested in business growth, construction, or personal development, this episode is packed with actionable advice based upon real-world experience that will undoubtedly prove invaluable.
Key Themes:
James’s journey from a small lawn care business to co-founding Montana Excavation & Utilities
The challenges of managing a growing business in a competitive market
The importance of taking risks and managing overhead with older equipment
How partnerships in business can alleviate stress and share responsibilities
The mental and emotional toll of entrepreneurship and the value of resilience
The role of vision boards in setting and achieving personal and business goals
Lessons learned from starting over and the power of persistence
Top Quotes:
"Running a business isn’t for the faint of heart; it’s full of risks, sacrifices, and challenges."
"The more you work on your business, the more work you create for yourself. It’s a never-ending cycle."
"Having a business partner is crucial—you need someone to share the load and make sure the numbers add up."
"Never give up. Have a clear vision of what you want to do, and trust that the hard work will eventually pay off."
"I started with $30,000 and quickly found myself broke in Montana, but that experience was humbling and essential for growth."
"Older equipment means lower overhead, but it also means constant repairs—it’s a balance you have to manage."
"Mental health can take a beating in this industry; finding a way to de-stress, whether it’s through the gym or therapy, is critical."
"Scaling too fast can destroy a company—growing responsibly and with intention is the only way forward."
"At the end of the day, if you’re not passionate about what you do, no amount of work will be sustainable."
Links:
Taylor White on LinkedIn: https://www.linkedin.com/in/taylor-white-9881a5170/?originalSubdomain=ca
To see highlights from the 2023 show, go to: https://www.conexpoconagg.com/show-experience/show-highlights
Montana Excavation & Utilities: https://www.excavatemt.com/