An important lesson independent mobile tool dealer Reid Thomas has learned is to “live lean” when you’re just starting out. New tool distributors should keep in mind that after buying their initial inventory and purchasing their truck, they won’t see any money until what’s on the truck is sold, meaning they’ll need to have money set aside to replenish their inventory.
“Live lean, build inventory, and build your clientele. Once you put the hard work in upfront, then it allows you to have a little more time later on to coast a little bit,” Thomas says.
