Per Diem Podcast

Navigating an Industry Slowdown: Equipment Rates Softening, Backlog Pressure, and Personal Finances


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In this episode, Keaton Turner shares his thoughts on Texas, North Carolina, and conspiracy theories. He discusses disaster politicization, personal weather experiences, and industry trends like market softening and equipment pricing. Reflecting on the 2008 crisis, Keaton addresses economic uncertainty and explores backlog management, profit versus revenue, and equipment renting versus buying. The discussion covers financial health, strategic decisions, and AI adoption. Keaton expresses optimism about America's infrastructure and Texas's uniqueness, touching on expense management, niche markets, and mining. He concludes with a call for industry insights.
(0:42) Welcome and introduction, thoughts on Texas and North Carolina, and conspiracy theories
(2:51) Politicizing disasters and personal experiences with weather impact
(4:25) Industry trends: Softening and equipment pricing
(7:01) Economic uncertainty and reflections on the 2008 financial crisis
(11:30) Backlog management and profit versus revenue
(14:07) Renting vs. buying equipment and market predictions
(18:08) Financial health and securing company backlogs
(22:14) Economic outlooks and strategic financial decisions
(26:25) Embracing AI and controlling the controllables
(29:11) Betting on America, infrastructure, and the uniqueness of Texas
(32:08) Personal and business expense management
(34:01) Unique encounters and niche market sentiment
(36:02) Mining optimism and America's resilience
(39:10) Personal business challenges and financial awareness
(40:37) Call for industry insights and closing thoughts
...more
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