Exercise equipment; your must have...

yogicarl

Pull-up bar
Yoga mat
My own body

also:

good teachers
motivation

jimmmer

You have to pitch the equipment to the person.

If you're a road warrior, or on a limited budget, or have limited space, you could go a long way with:

a decent weight kettlebell (or two)
a doorway chin up bar

If you're talking beyond barebones basics and you have the cash and room, then:

Power rack
Bench
oly bar + weights

would be more than sufficient. (I'd still have the kettlebells/chin up bar too)

coral_b

Love this! It's quite motivating seeing everyone's equipment.
My spare room is practically clear ready for winter. In it is:

Exercise bike
yoga matt
A selective of Jillian Michaels/ Yoga DVDs
Barbell/ plates (started a basic 5x5 lift program at home)
Dumbbells
Place for my laptop to view DVDs/ get a good play list on
My most motivating thing is my Polar heart rate monitor- seeing the burn makes me work harder.
If the weather gets too bad I may consider a tread mill- but I'm hoping that there should be at least 2-3 days a week I can get out!!
Little extras are callipers and tape measure, and kettle bell is on my Christmas list.

Loser_Girly

Thank You, this topic was very helpful!