Do You Really Need $100K To Start a Machine Shop? | The Impractical Machinists 05

Thinking of starting a machine shop? Wondering if you really need $100K to start a machine shop? Join special guest Ian Sandusky as he shares his journey and insider advice on choosing the right equipment, financing strategies, and managing the true costs of machining—from tooling to software. Discover the pros and cons of new versus used equipment, the importance of avoiding unnecessary debt, and practical tips for overcoming challenges. Packed with valuable insights and some good laughs, this episode is a must-listen for anyone in the machining industry! Timestamps: 00:22:05 Why Manual Machines Still Matter 00:36:56 Heat Shrink 00:47:08 New vs. Used Machines 00:51:08 What It Really Takes to Start a Shop 01:30:02 Tooling Deals Drop your topic ideas in the forum here: https://www.practicalmachinist.com/forum/threads/podcast-introduction.429158/ Or listen to our podcast on Spotify and Apple Podcasts! 📍 Spotify: https://open.spotify.com/show/7g0wFLl2oNiGPB5MiL6iEx?si=531fc26433fa4ab5 📍 Apple Podcasts: https://podcasts.apple.com/us/podcast/the-impractical-machinists/id1753982393 🔔 Subscribe, Rate, and Review to never miss an episode. Your feedback helps us bring you the content you love! Connect with the hosts on Instagram or https://www.practicalmachinist.com/ Patrick Mcclintock: IG: https://www.instagram.com/job_shopper_tn/ or PM@Job Shopper TN Cameron Graves: IG: https://www.instagram.com/machiningiscool/ or PM@Machiningiscool Bradley Thomas: IG: https://www.instagram.com/marvelmachining/ or PM@Marvel Connect with Ian Sandusky on LinkedIn (https://www.linkedin.com/in/ian-sandusky-3a223227/) or learn more about Lakewood Machine and Tool at https://lakewoodmachine.com/ [email protected] (905) 853-6194 Instagram: https://www.instagram.com/lakewoodmachine/ Lakewood Machine (https://lakewoodmachine.com/) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Practical Machinist is the largest and most engaged #metalworking community across the web. With more than 200,000 registered members and 500,000+ social media followers, Practical Machinist is the easiest way to learn new techniques, get answers quickly, and discuss common challenges with your peers. Visit Practical Machinist today to join the community and start connecting with your peers. Become a Practical Machinist member (https://www.practicalmachinist.com/) Like us on Facebook (https://www.facebook.com/PracticalMachinist) Follow us on Instagram (https://www.instagram.com/practicalmachinist/) Follow us on Twitter (https://twitter.com/prac_machinist) Follow us on TikTok (https://www.tiktok.com/@practicalmachinist) Connect with us on LinkedIn (https://www.linkedin.com/company/practical-machinist/) #machinist #metalworking #machining