Point is, you buddy didn't "make $200 in 4 hours". He took in $200 in 4 hours, but probably paid out $12 to $15 in fuel. He used a tractor/backhoe that no doubt he had to pay for at some point. There goes $15,000 to $20,000 (at least) And so on.... He "CASH FLOWED" $200....He "made" chump change (at best)
If you believe deep down in your heart that $200 in 4 hours (an probably nothing else the rest of the day) is good money with a piece of equipment that costly, I suggest you head down to your nearest John Deere dealer, buy yourself a new tractor, buy the hoe, then go to a truck dealer and get a suitable truck, buy a trailer, get insurance (only an idiot would operate any sort of excavating business these days WITHOUT liability insurance), pay taxes, and run a LEGAL business. THen bill your customers $50 an hour.
Then, in a few months, send me a sale bill for your bankrupcy sale so I can buy your truck and tractor at pennies on the dollar.
OR....Operate an illegal, under the table business, risk everything you will ever own to operate without insurance, and work for about 1/3rd of what your monthly payments will probably be, all in the name of good will.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
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