Aug. 28, 2024

Rental Roundtable #28: Unlocking Success in Telecom Equipment Rentals

Rental Roundtable #28: Unlocking Success in Telecom Equipment Rentals

In this episode of the Rental Roundtable, we are joined by Joe Valen, Director of Rentals and Leasing at Millennium Rental & Leasing to discuss:

From Novice to Expert: Joe's Journey in Telecom Equipment Rentals

Learn about Joe's evolution from a beginner to an industry expert in telecom equipment rentals, highlighting his early mistakes and the growth from $100K to $2M in rental revenue. He will reflect on learning from errors and scaling the business.

Strategic Planning: Crafting 1-Year and 3-Year Business Plans

Joe will discuss the importance of strategic planning, emphasizing how a well-defined 1-year and 3-year plan using Traction and EOS methodologies can stabilize operations and set a clear direction for the team.

✅ Streamlining Processes: Overcoming Operational Challenges

Explore the challenges of process management and the importance of systematic evaluation. Joe will emphasize the need for common sense operating principles and accurate asset tracking.

 ✅ Niche Expertise: Building Authority and Driving Growth

Joe will explain the "Niches to Riches" strategy, focusing on becoming an expert in telecom equipment categories through content creation on LinkedIn and YouTube. He will share how this focus led to a 20X increase in rental revenue, from $100K to over $2M in three years, and the importance of client relationships and feedback.

Learn more about the Rental Roundtable and listen to other episodes here: https://www.therentalroundtable.com/