Per Diem Podcast

In this episode, Keaton Turner explores environmental fees and their hidden costs from a customer perspective, continuing the equipment cost series. He recaps previous episodes and highlights the importance of team dynamics in equipment management. Keaton discusses strategies and methodologies, including internal equipment invoicing and its effects. He emphasizes integrating equipment and operations teams, the project manager's role in fostering internal customer service, and avoiding silos for unity. The episode concludes with a call for listener feedback on team strategies.

(0:00) Environmental fees explained and critique

(5:13) Customer perspective on hidden costs

(12:20) Equipment cost series part three introduction

(13:22) Summary of previous equipment costs episodes

(15:05) Team importance in equipment management

(19:15) Early equipment management strategies

(22:20) Comparing equipment management methodologies

(25:35) Implementing internal equipment invoicing

(28:01) Unintended consequences of invoicing strategies

(33:43) Evolving equipment team strategies

(34:28) Integrating equipment and operations teams

(36:38) Project manager's role in internal customer service

(39:19) Avoiding departmental silos for team unity

(42:15) Emphasizing unified team approaches

(43:51) Problem-solving for project profitability

(46:24) Hiring with a team mentality focus

(47:32) Addressing reporting structures and team divisiveness

(49:29) Call for listener feedback on team strategies

Keaton Turner explores mastering equipment costs, sharing insights from his experience. He tackles challenges like Equipment Operating Expenses (EOE) variability, idling implications, and calculating EOE by asset ID. Keaton discusses environmental fees, the importance of cost preparation for project bidding, and dispels equipment cost myths. He also provides a real-life example of equipment longevity and emphasizes the role of machine costs in business success. The episode concludes with a teaser for what's next.

(0:40) Introduction to mastering equipment costs

(1:45) Welcoming new listeners

(2:08) Learning from experience in equipment costing

(3:03) Challenges in equipment costs and EOE

(7:55) Variability in EOE

(9:10) Idling equipment costs

(12:33) Calculating EOE methods

(17:49) Logging costs by asset ID

(19:37) Environmental fees challenge

(28:25) Preparing costs for project bidding

(34:06) Understanding costs over strategy

(35:48) Equipment cost benchmarks and misconceptions

(38:21) Real-life equipment longevity example

(39:04) Importance of machine costs for business success

(39:35) Conclusion and next episode teaser

In this episode, Keaton Turner reflects on overcoming a bad day and credits David Kellerstrasse for his influence. He discusses the power of mindset in facing challenges and shares industry news on MP Materials and Apple's investment. Keaton covers economic fluctuations in mining and answers a listener's question on equipment costing and strategy. He highlights Mike Vorster's book and discusses simplifying equipment ownership costs, financing, and estimating residual value. Topics include calculating ownership cost per hour, the impact of idling, and usage-based cost accounting, wrapping up with insights on equipment depreciation and field decisions.

(0:35) Follow-up and feeling amazing after a bad day

(1:36) Shout out to David Kellerstrasse

(3:25) Embracing mindset to overcome challenges

(7:06) Industry news: MP Materials and Apple investment

(8:45) Economic fluctuations in mining

(10:12) Listener question on equipment costing and strategy

(16:30) Sponsor: Mike Vorster's book

(21:43) Simplifying equipment ownership cost

(30:21) Equipment financing and residual value estimation

(34:12) Calculating equipment ownership cost per hour

(36:19) Impact of idling on equipment costs

(39:29) Consistency in equipment ownership rates

(42:05) Usage-based cost accounting for assets

(45:47) Avoiding cash flow issues in project costing

(47:05) Project managers and equipment cost decisions

(49:25) Story: Costly idling for air conditioning in haul trucks

(55:07) Final thoughts on equipment depreciation and field decisions

(56:27) Outro and hotline information

In this episode, Keaton Turner opens up about a tough day and the journey to finding perspective amidst challenges. He shares updates from his family life, providing a glimpse into his personal world. The conversation transitions to overcoming business challenges, highlighting the importance of resilience and adaptability. Keaton emphasizes the significance of self-reflection in navigating both personal and professional hurdles. He wraps up the episode with closing thoughts and expresses appreciation for his listeners, reinforcing the value of their support and engagement.

(0:40) Tough day and finding perspective

(2:26) Family life updates

(9:17) Overcoming business challenges

(10:59) Importance of self-reflection

(12:36) Closing thoughts and listener appreciation

In this episode, Keaton Turner navigates listener feedback, including humorous criticism, while sharing a weekend recap focused on family time. He addresses the tragic loss of an employee and the challenges it presents to the company. Keaton discusses maintaining company values amid accusations and emphasizes the importance of constructive feedback and perseverance. The episode explores managing a growing company, addressing employee concerns, and dealing with criticism while staying true to the mission. Keaton reflects on podcast consistency, content creation, and the concept of replaceability. He examines social media judgment, handling haters, and concludes with gratitude.

(0:00) Listener feedback and humorous criticism

(3:51) Weekend recap and family time

(6:14) Tragic employee death and company challenges

(13:31) Maintaining company values against accusations

(24:19) Constructive feedback and perseverance in business

(29:12) Managing a growing company and employee concerns

(33:12) Dealing with criticism and staying true to your mission

(35:31) Podcast consistency and content creation

(36:21) Employee departures and the concept of replaceability

(39:01) Social media judgment and its impact

(40:19) Handling haters and encouraging constructive feedback

(42:04) Signing off with gratitude

In this episode, Keaton Turner remembers Aaron Contreras and shares a segment from the vault. He discusses managing teams, decision-making, and handling incompetence. Keaton recounts a child's perspective on learning from mistakes and a mishap involving fluids. He explores the concept of beige flags, attracting talent in the mining industry, and the benefits of letting go. The episode also examines HR's role in termination decisions, the consequences of ignoring warning signs, and trusting leadership instincts. Keaton reflects on leadership's duty to preempt issues and team dynamics.

(0:00) Remembering Aaron Contreras

(1:13) Introduction from the vault

(2:38) Managing teams and decision-making challenges

(7:13) Identifying team member competence

(11:15) Handling incompetence and unexpected choices

(17:07) Learning from mistakes: A child's perspective

(20:41) Diesel exhaust fluid and hydraulic oil mishap

(27:30) The concept and impact of beige flags

(33:07) Attracting talent in the mining industry

(36:04) The effectiveness of letting go

(38:33) Recognizing and acting on mistakes

(40:28) HR's role in termination decisions

(42:27) The repercussions of overlooking warning signs

(44:37) Trusting leadership instincts

(47:18) Leadership's duty to preempt issues

(49:52) Reflecting on leadership and team dynamics

In this episode, Keaton Turner begins with Fiona's voicemail featuring song lyrics before sharing his favorite country song and a light-hearted beer session, highlighting the importance of fun. The conversation shifts to the impact of saying no and the value of annual trips. Keaton addresses messages from young listeners about relationships, discussing how to choose the right partner and recognizing warning signs. He uses a car analogy to explore narcissistic behavior in relationships and offers final thoughts on navigating these dynamics.

(0:00) Fiona's voicemail and song lyrics

(1:48) Welcome and favorite country song

(3:19) Beer session and the importance of fun

(6:10) The impact of saying no and annual trips

(10:19) Messages from young listeners about relationships

(11:32) Choosing the right partner and warning signs

(21:11) Car analogy and narcissistic behavior in relationships

(27:15) Final thoughts on relationships

In this episode, Keaton Turner delves into a listener's struggles with a Tennessee rock quarry contract, highlighting financial strains from unpaid invoices and litigation. He discusses challenges with payroll, vendor payments, and dwindling savings, sharing personal stories of business hardships. Keaton emphasizes avoiding risky customers, understanding contract details, and knowing when to halt work. He explores monitoring customer payment reliability and avoiding unhealthy business relationships. The conversation includes steps to move forward, the importance of transparency, managing finances, and considering equity sales, while stressing self-awareness and resilience.

(0:00) Listener shares personal business struggles and Tennessee rock quarry contract

(2:25) Financial strain, unpaid invoices, and litigation impacts

(5:00) Challenges with payroll, vendor payments, and depleting savings

(7:58) Keaton Turner: Sharing stories and personal experiences with business hardships

(12:20) Avoiding risky customers and importance of contract details

(18:01) Personal anecdote about contract language and knowing when to stop work

(26:05) Monitoring customer payment reliability and avoiding unhealthy business relationships

(29:02) Steps to move forward, silver linings, and importance of transparency

(33:03) Managing equipment and finances, and considering selling equity

(36:26) Self-awareness, facing hard truths, and the role of banks in business

(39:48) Long-term perspective, resilience, and transparency with stakeholders

(47:12) Learning from business challenges and missed opportunities

(53:33) Accountability in leadership and seeking community support

(56:27) Offering support, encouragement, and closing daily challenge

In this episode, Keaton Turner kicks off with a warm welcome and introduction, delving into the impact of annoying problems on personal life. He shares weather updates and reflects on life, recounting an encounter with a podcast supporter. The conversation shifts to advice, the drama triangle, and the significance of self-awareness, particularly in leadership. Keaton shares personal anecdotes on overconfidence and the importance of feedback, discussing readiness for new roles and self-awareness exercises. Emphasizing the value of embracing constructive feedback, he wraps up with closing thoughts and gratitude for his listeners.

(0:39) Welcome and Introduction

(1:24) Annoying problems and personal life impact

(3:25) Weather updates and life reflections

(4:26) Encounter with podcast supporter

(5:37) Advice and drama triangle discussion

(7:43) Family plans and the importance of self-awareness

(9:53) Self-awareness in leadership

(16:04) Personal anecdotes on overconfidence and feedback

(22:26) Readiness for new roles and self-awareness exercises

(27:46) Embracing constructive feedback

(28:48) Closing thoughts and thanks

In this episode, Keaton Turner shares Matt Steffens experiences moving livestock in Redmond, Oregon, reflecting on growth and the podcast's impact. He discusses entrepreneurship's highs and lows, networking opportunities, and reacts to Matt Steffens' video on humble beginnings and the American dream. Keaton emphasizes perseverance through business challenges, highlights network expansion, and gives a shoutout to Ace McCarthy. Topics include construction challenges, team updates, customer savings, and overcoming resistance to change. He explores organizational structure, management, preventing burnout, and scaling businesses, concluding with shoutouts and encouraging audience engagement.

(0:00) Moving cows and sheep in Redmond, Oregon

(0:37) Growth reflections and podcast impact

(1:29) Highs and lows in entrepreneurship

(2:28) Networking through the podcast

(3:25) Reaction to Matt Steffens' video

(4:31) Humble beginnings and the American dream

(7:21) Perseverance and "Death Valley" in business

(9:00) The power of expanding networks

(12:26) Shoutout to Ace McCarthy

(17:32) Construction challenges in summer

(21:32) Personal and team updates

(23:07) Customer savings and business challenges

(31:07) Overcoming customer resistance to change

(35:51) Organizational structure and having one boss

(41:04) Management layers in large projects

(48:26) Tactical vs. strategic management balance

(51:35) Management support and preventing burnout

(1:00:09) Organizational layers in scaling businesses

(1:02:03) Envisioning a transformative business

(1:03:34) Shoutouts and encouragement for audience engagement

(1:04:03) Closing thoughts