Métis Youth Entrepreneur learns from seasoned pro
Prairie Boys Construction
When Colby Martin, 18, had the opportunity to take over a business from a family friend, he saw the potential to make a living doing work he enjoys while learning the ropes from an experienced professional.
“He was looking to get out and we saw an opportunity to work with him for a few years,” Colby said. “He’s been doing it for 56 years and we thought we could learn from him.”
The former business owner works alongside Colby’s crew, teaching them as they go, like a mentorship. Prairieboys Construction is a family business; his crew consists of his dad, his brother, his dad’s cousin, and himself.
When he got the opportunity to take over the business, he was looking for the funding he needed to make it happen and found Clarence Campeau Development Fund.
“[They were] very excited that I was starting a company and helped us right through,” Colby said.
CCDF worked with Colby to figure out which funding he should use, and they decided he should apply for the youth fund because 25 per cent of the remaining portion of the loan may be forgiven in the form of a grant.
The Youth Business Development Program is for people aged 18 to 35, and the purpose is to help young people establish a new business, purchase an existing business, or expand and renovate an existing business.
Colby used the funding to purchase machinery like a bulldozer, trackhoe, skid steer and gravel trailer.
He said he likes running heavy equipment, and he’s learning about entrepreneurship, like how to source jobs and work with clients.
“You have to know what your client wants; you have to sit down and talk with them before the job,” he said.
Right now he’s mostly serving the St. Brieux, Sask., area, but he’s looking to expand the areas he serves, as well as the type of work they do.
He has his eye on a bigger bulldozer and a bigger trackhoe, which would help him with jobs like road forming or road reconstruction — and he knows Clarence Campeau Development Fund will be an option when he’s ready to take that step and grow his business.
Do you dream of having your own business?
Are you Métis? Fill out your information below for a FREE financing consultation.
Client Stories: Audra Hill
Client Stories | Audra Hill Audra Hill – Farmer John’s Local Market & Kitchen By Cassi Smith Farmer John’s Local Market & Kitchen is connecting communities with locally [...]
Client Stories: Loree Richardson
Client Stories | Loree Richardson Loree Richardson, Richarson Law By Cassi Smith The number of Métis owned and operated businesses is climbing in Saskatchewan. From trades to academia, [...]
Client Stories: Yvette Frank
Client Stories | Yvette Frank Yvette Frank, Leather Works and Crafts, Foam Lake By Cassi Smith For most of us, our careers are our source of income, a way [...]
8 Financial Behaviours That Will Shape Your Company’s Future
8 Financial Behaviours That Will Shape Your Company's Future It’s no secret that our financial behaviours have a significant impact on our personal life, but let’s not forget about the business side of things. There [...]