Why Your 200k to 1.2 Million Dollar Lawn Business is Miserable
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- Опубліковано 4 кві 2017
- www.lawncaremillionaire.com - Why Your 200k to 1.2 Million Dollar Lawn Business is Miserable
Lawn Care Millionaire iTunes Podcast - itunes.apple.com/us/podcast/l...
I happen to be in 1.5m range and I wish I was back at the 200-500k range. remember guys when you create a beast you must feed it or it will eat you......
That's a good analogy
How are you doing now ?
I just started my landscaping company and this video makes me feel good! I was stuck in a job(s) running other people's company(s) making peanuts. The next step is to be stuck in the low to mid six figures range and grow from there! Thanks a lot, LCM!
Thanks you for this video Jonathan. Even though I am just starting out in this industry I find this information tremendously valuable for the future. Thank you for sharing your experience!
Phenomenal insight by an obviously well educated business owner. Your information is invaluable. PLEASE keep making videos exactly like this !!
I really appreciate the insight and encouragement. I am currently at $400k and can agree that its a tough place to be. I made a conscious decision to grow a year ago so I am reinvesting heavily into the business therefore, I make the same amount of money I made at $250k. I could use more solutions to break through faster. I am not burnt out and still believe in growth. My ultimate goal is not to be an absentee owner but to have the freedom to disappear from time to time for travel purposes. I think I will be able to have the infrastructure to do this at around the 1.5 mark.
Awesome video! Extremely valuable information, than you Jonathan.
Thank you so much for this video Jonathan.
I want to Interview you for a secret project I'm doing.
Can't wait to see you interview Jonathan, Keith.
Keith Kalfas cant wait to hear this secret👍
Great video. Its funny that Johnathan notes the 1.2 mil mark. I helped build and grow a business to the 1.1 million mark. And only shortly after the 1.1 mark did my life and my freedom increase a bit. Before that never had enough time or money, 10 years to get to that point. By having a larger business it gives you options and allows you the opportunity to deligate a bit more. Most guys will have to learn this the hard way. Im in agreement with you that you have to grow your business fast. That is the only way to stay sane and keep your personality. Otherwise you can get burnt out and bitter and the line of work you do. But almost never is it the work. Its the behind the scenes of the work that generally gets people discouraged.
Absolutely 100% agree! Great video.
Great to hear this one again 🔥🔥
I agree 100% with your views on business. My goal is to target more commercial and have several trucks. Being a solo owner everything is on you. Phone, labor, marketing, can go on and on. Love your video
Greats thoughts, thanks again for your time
i agree with Jonathan. I have 10 field employees but have been struggling with finding the right office worker since so many are dishonest . I have hired a couple and fired them but they are much easier to get then field workers. I just don't have time to watch them. I'll switch to a temp agency this year so I don't have to worry about them filing for unemployment or filing other things. ...
Thank you so much for this video!!!
This video describe's me haha. Work all day with my crew of 5 guys, do paperwork and billing and estimating until 11pm or 12 at night, go to bed, weekends yes work on Saturday, try to hang out with family oh geez I need a paycheck this week sorry hunny I'm going to to go do a few extra hours sat eve. Sunday fix equiptment and do all the weeks schedule's and work orders I have 5 guys need to make $1000 a day before I pay a single bill for myself. So I need to be efficient, I miss the solo days where I could make $400 a day by myself.
hans solo that's exactly where I'm at as well. Ur entire post is exactly my life. I sometimes think of dumping my 2nd crew and selling off all of it's equipment and just keeping my best and highest paying clients and a couple of my best workers and get back to when I had more free time and as much or more money in my pocket than I do now.
@@benvasilinda9729 Hi Ben, did you end up doing this? how did it go?
I downsized by 20% and my profits went through the roof. Read The Pumpkin Plan
this is me. appreciate your wisdom, let's hear about the solutions!
Thanks x u videos
I was wondering if you could make a video about how we in the lawn care business, landscaping business, Hardscape business, we increase property value we contribute to better neighborhoods better home value better resale value. As always thanks for your videos.
great content
Spot On !!!
The view from 20,000 feet up. Thank you!
this very true. i lost my business cause i got sick. but trying again after a year later.
Jonathan!... you have prophesied my business to a tee. although i am not yet stuck, all your bullet points resonated as happened,happening or going to happen if i do get the education i need. please disregard all the comments about everyone happy in their current small business. please send me a road map to
transport me into a different mindset. literature, video, ebooks....coincidentally we are 1.5 trucks at just under $200,000 with me in the field....help me my friend!
Jonathan, Do you recommend any books to read about this topic .
Thanks!
Have found a good source of manpower (unitnetionally- I did not start to find people here but it kind of happened. Results can be iffy. Use your street smarts and or common sense but give a try) is food pantry and volunteering. Many people with certain issues, yes, but also some genuinely good men and women who are just struggling. Don't volunteer only to find workers, though! However, has been a worthwhile source (tread carefully though!).
6:44 While I appreciate the effort you put into all your videos, I feel like anyone who says there is only one right way to run a business (either from the one-truck camp or your viewpoint of 'no success until you are out of the field') is incorrect.
There are different ways that will be better or worse depending on the values you hold.
I am sure the one-truck folks value the lack of management stress and complexity your organization entails, while also enjoying (to a certain extent) the physical work itself. They may also be content with the modest amount of income it provides.
It is clear your recommendations would be great for someone who enjoys building a large organization and managing the numerous people needed to make that happen, has an end goal of being hands-off of the actual work as much as possible, and wants to maximize their income despite the extra work this path entails.
"I am sure the one-truck folks value the lack of management stress and complexity your organization entails, while also enjoying (to a certain extent) the physical work itself. They may also be content with the modest amount of income it provides."
Then why not just work for someone else's company? You won't have to do all the extra work of running a business (two full time jobs), and you won't have to worry about your business falling apart if you get sick or hurt.
Will they be as content with NO income when they step in a pothole and get a bad knee injury? I am not knocking anyone who is self employed, I was self employed once. It is however not a bonafide business except from a technical legal standpoint.
Shane B Everyone will have different answers to that question, but for me personally, I am unable to be an employee with my current family/personal needs, but I AM able to work for myself.
However, all things being equal (which they usually never are) if you don't want the headache but are ok with more limited income as a result, then I agree that an employee position may be better for you.
Again, my point is not to advoacte one way over another, simply to point out the error in stating there is only one correct way to run a business.
Randy Iannone You bring up a great point about the vulnerability of a solo gig.
We will have to agree to disagree when it comes to definition of a business. I don't see the logic in saying an entity legally defined as a business that makes revenue, has expenses, and pays taxes is somehow not really a business only because of the number of employees it has.
+Brad Behr I will give you this much.....being self employed is 100 times better than being an employee at someone elses business.
Missing your frequent videos! Where have you been?
is there a way to email you? I have a buisness that's around the 300 mark. and I'm in this boat. not burnt out but just not making the money I need to. I want some professional or mentoring advice
I am in the $200 -$250 this and dollar range and have that exact problem
You have some great points about the middle ground. To help solve this problem the business plain comes in; to start small and eliminate start up cost and understand the tax / business law's for your area. You don't have to have new equipment just multiple and only use one group and have the other set in reserve, by doing this gives you the opportunity to expand. When the time comes to replace get new equipment that makes $$ and the job easier. If you set up the business plane up correct and follow your mission statement "values" along with "quality" not quantity work will find you and marketing is not the problem. The time a business spends with its customers speaks volumes "word of mouth". Don't under sell your self stay true
Where are you from?
I live in California lots of rules in this state
There is this one guy I know his business is fixing/hooking up ac's walkin stoves ovens kitchen stuffs. He Makes much superior money being a one man operation then when he had crews that would go out and fix stuff. It gets very costly from being big workers need a van to carry supplies and cell phone to reach them. plus the owner has to pay the bill of the stuff they break. he never worries about if the client will pay the debt. Cause of being picky with who he fixes stuff for. Being small you can make more then working for someone else and have less worries.
I know it varies by location and other variables, but what is a good salary for an Operational Manager?
or operations assistant. I have looked (googled) myself but if anyone who has hired for those positions could give a ballpark amount, that would be fantastic. Thank you.
SE WI, we pay 40-45K.....2000 hrs/year. no snow work. 401K. 3wks vacation. + other perks.
How do you go about taking your company nationally. I have contacts and have worked in other States as an employee but want to get back in those markets now as a business owner?
So outgrow your problems. Got it
Burton sperber is someone who was living proof that this industry has big potential, that is big goal off mine to take it as far or even further than him.
I wish someone had made me understand this a few years ago rather than just telling me that I just need to push past a certain point.
👍👍👍
Employees are head ace
Nothing wrong with being self employed
1
do you ever work on Lawncare business or you make money from peoples Businesses
Lol
100k is fine for me ... ur... a walmarter... or greedy ... either way wat is money anyway it's sweet but seriously I work solo make a dollaraminute... 40hrs
... a week I don't see much problems... I'm hurt now pulled leg
. but guess wat ... customers will wait cause I stik... to my word... lik I'm gonna starve... lol.. notthisyear
aos aos Walmart isn't a bad company look at all the jobs they created for our economy and it's same for McDonald's, valleycrest etc.. truth is having a big juicy company that is punking money at you would be awesome because with that I can help my family my community and even donate money to help for a cause. Personally and I don't mean to be negative but I think stay small is greedy because I'm only helping myself and not the people around me.
How to stay broke