INSUFFICIENT FUNDS... Throwing in the Towel

Рет қаралды 77,264

7 ай бұрын

Mike Andes heads to Neosho, MO to help Luis turn around his Landscaping Business. He's struggling with personal employee issues, massive overhead keeping him from being profitable and insufficient funds in his bank account (actually negative).
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Пікірлер: 248

@luisbarrett9963 Ай бұрын

Luis with Freedom here, checking back in 7 months later… We’re not bankrupt, and we didn’t quit! Micah did get let go. My friend got let go, should of took mikes advice on that one tho because we’re no longer friends lol😂 We are having the most profitable year ever, booked out 2+ months on jobs, pretty much payed off all our bad debt. We know our numbers down to the penny. Theres 4 of us now, and we should do about $500k this year. One full time guy doing maintenance, 2 guys full time landscape, and I bounce around where needed to fill the gaps. The hunting outfitter now has an operations manager in place on salary, I decided to step back from it to focus on Freedom. We have a baby due in a couple weeks, and God is good. Remember, you only fail when you quit. Let’s do an update video in a year or so😁

@MikeAndes Ай бұрын

LETS GOOOOO ❤️💪🏻💪🏻💪🏻

@etianpupo5445 4 күн бұрын

I didn’t get let go I quit lol tell the truth

@stayclearllc 7 ай бұрын

We did a pressure washing job at one of their landscaping jobs and it was hard to get paid. They finally paid after a few days of sending emails, calling, and texting. Glad we got paid after watching how they run their operations.

@frank8348 7 ай бұрын

Bro our AP person has an easy job because we pay all our bills on time but our AR person is hurting because all these bums wont pay and alot of them rack up invoices and go bankrupt or ghost.

@Augustalawncareofreddeer 7 ай бұрын

Don’t buy 70k skid steers to look “cool”

@MrDrunkNFunky 7 ай бұрын

Exactly.. buy an iPhone HD++ pro like a *normal* person

@Augustalawncareofreddeer 7 ай бұрын

@@MrDrunkNFunky lol

@pabloserrano709 7 ай бұрын

I rent them when I have a project. I only pay $190 whole day

@Augustalawncareofreddeer 7 ай бұрын

@@pabloserrano709 Exackly as soon as you drive them off the lot you lose 10-20%

@ericgoodman5716 7 ай бұрын

@@pabloserrano709 dang! Where I live a skid steer that size is $320 a day

@drewstrongitharm9680 7 ай бұрын

I was thinking when he said revenue was 200k and he’s got 4 employees. I do that revenue on my own and am afraid to hire someone full time

@MikeAndes 7 ай бұрын

cuz you a BEAST! LOL Good work!

@FromLandVegemiteSamich 4 ай бұрын

I was scared to employ a person so to drive my semi end dump hauling full sand, easy job but they can cost you money real easy so I employed my father and just took care of his bills and some

@davidzook8569 22 күн бұрын

@FromLandVegemiteSamich as a trucking company owner something is always broken, the more equipment the more likely it is that an employee broke it.

@Quickdrawmcgraw357 7 ай бұрын

Just rent the skid steer and factor it into the end cost of projects that require it. Unless you literally need to use it every single day. We rent a ton of equipment that we wouldn’t use everyday as I don’t want the liability, maintenance, or upkeep. Sell the skid steer and the debt is actually pretty manageable.

@MikeAndes 7 ай бұрын

Great point. Unfortunately, the skid isn't worth the $70K+ anymore BUT I agree still

@frank8348 7 ай бұрын

@@MikeAndes Dude needs a good accountant on site.

@kelbieglover1514 7 ай бұрын

I’d buy used 18k 30k at the most for a skid steer starting out that’s a decent size machine

@Lawn-Stewards 7 ай бұрын

Hahahaha I love how y'all just ended it. Like you were going to get into how they do things and were like omg they have no idea what they're doing. The end 😂

@raulhogland7309 6 ай бұрын

You raised your credibility in my eyes when you finally said close the business.

@abclawnworks9127 7 ай бұрын

Wow! The first one Mike has said to just shut it down. The amount they lost in wasted labor that day is unreal. What a cluster Fu*k!

@GenosHK 7 ай бұрын

Was not expecting that ending

@PremiumFuelOnly 7 ай бұрын

When Mike suggests walking away from it, you know its bad.

@coachiti2009 7 ай бұрын

No wonder they’re only doing 200k with 3 people. He probably used that deposit money from that deck job for his hunting or other business.

@tylersmith9868 7 ай бұрын

He's like Gordon Ramsey on kitchen nightmares

@MikeAndes 7 ай бұрын

If only I could make food like that! LOL

@cristobaldelacruz142 7 ай бұрын

One of my buddies that was like a brother had his own construction business and started paying me 9.50 an hour back in 07 he was generating 1,000,000 in revenue a year . We were 23,24 years old. I’ve never been paid over 20.00 an hour and I’ve been doing lawn maintenance since fresh out of high school. Started my lawn business 2 years ago first year I wasn’t really committed, because I was working full time so was comfortable were I was at so I was mowing Saturday only every week. Second year I was more dedicated quit my comfortable job and threw my self into the business this year I will probably end with 70k for the year, and hopefully next year I will get to 150,000 God willing that is the goal. I feel for the guy making 20.00 dollars an hour like he said he worked for it and he earned his spot. Those guys are always under appreciated at all companies that’s just the truth. Someone who knows half of what he knows makes more just because he said the right words in the interview how about those niners. What a messed up day with that project .

@MikeAndes 7 ай бұрын

True. This is why P4P (Pay For Performance) is so important. Harder you work, the more money you make!

@cristobaldelacruz142 7 ай бұрын

@@MikeAndes I would have loved to have that at any company I work for, but none had it. Good job Mike trying to help other businesses get out of debt your one of a kind keep up the good work God bless you sir.

@keithross496 7 ай бұрын

So many startups think they need office and staff to call themselves a business. And get in debt real quick

@TheMrFiveSix 6 ай бұрын

Bingo it’s a struggle but rewarding to do it yourself

@paulreints2279 6 ай бұрын

Debt and office staff don’t happen until the business is way bigger. And debt should only be out of necessity rather than image and convenience. A used skid steer that’s still reliable & does everything it needs to costs half of the one he bought. Same with trucks.

@tennesseesawmillguy1590 7 ай бұрын

These guys out here… big fancy trucks with shiny wheels and all sorts of toys. I see rushing all over town, knocking out high volumes for lower prices. Just absolutely working their body and equipment to death to make 2/3 of the going rate.

@MikeAndes 7 ай бұрын

I like long romantic walks.... to the BANK! LOL

@NiTeNiTe- 7 ай бұрын

I always know it’s a great day when THE MIKE ANDES posts a new video!

@irontale1834 7 ай бұрын

Facts!! His content is so good

@MikeAndes 7 ай бұрын

Thank you! I appreciate you taking the time to watch!!

@RussellD11 7 ай бұрын

Yeah agree. His business size, HE should be the only employee and working himself, maybe a PT helper..

@markherring3513 5 ай бұрын

Him and jacob...they could generate more revenue then all combined.

@stevesmith775 7 ай бұрын

You continue to impress me Mike! A lot of great info in this video

@MikeAndes 7 ай бұрын

Media team is clutch! All our camera gear was stolen on flights to this episode. Phones only were used in making this one.

@busybeelawnservice4492 7 ай бұрын

Yikes! Seems like this could be fixed. Owner needs to work in field. Fire office manager and best friend. Sell the skid steer. Hire a couple of helpers. Sell work.

@MikeAndes 7 ай бұрын

True. When an owner is splitting attention with 3 businesses I see the likelihood of executing this plan as low. That's why I said shut it down for now.

@josevillanueva3104 7 ай бұрын

Hopefully there is a follow up on this to see how it’ll go for him depending on which route he chooses

@MikeAndes 7 ай бұрын

Hopefully next year!

@user-nv9jt4zb1r 7 ай бұрын

I live by this guy. I am interested in a follow up. I have a lawn company in the same town.

@HiddenZeroJs 7 ай бұрын

How i started, i was part time in lawncare during college. Paid with cash for everything, if I didn’t have the money I didn’t buy it, until i saved up. during my part time years started off with very old Residential equipment that i constantly fixed and broken down. But importantly i saved everything after expenses those years and last year i went full time and literally all the money saved i spent on commercial equipment and truck setup. This year I’m making 30k I’m solo and do everything. Starting off slow and have future plans to grow and add one or multiple employees in the future. Hope this story helps someone starting out. Some important advice you don’t have to have fancy equipment, employees etc. major debt when starting out, make do what you have and go get work! Nothing wrong starting off with old equipment, pay with Cash, working solo.

@Handyman247llc 6 ай бұрын

I could hear the pure frustration in your voice even at the start of your video, that this was a tough one. Aside from the overwhelming Debt and multiple business It was hard to understand the lack of total commitment to one business or the other. I have always been told if you spread yourself out to thin, nothing ever grows or goes like you though it would. Even I have struggled for 6 years in my trade, but I remain focused on being the best I can offer. Thank you for the video, You are very helpful.

@amandar4980 7 ай бұрын

Fired the office girl and the friend… both are useless and waste of money.

@ericriley3147 7 ай бұрын

Office girl will be the last to be fired.

@lawnscapenation 6 ай бұрын

Great work Mike thanks for everything your share with us. 👍👏👏

@nocarbsnation 7 ай бұрын

I know a young man in almost an identical situation. Wish I could have you sit with him. Great video, and very cool for you to do what you do.

@curbappeallawncarellc4263 4 ай бұрын

Just to remember though anyone commenting. takes so mojo to even admit and be reaching out to mike or anyone who does this that your business is failing. And lets not hate on the kid. I can tell hes got great passion but no systems in place. heck i dont and im struggling. trying to change that. We all started from somewhere. Love what you do mike and i know you get emotional and feelings for anyone you do in these turnaround series. I know you want everyone to succeed.

@maxg9999 7 ай бұрын

Mike is right he should be out in the field working you’d be surprised how much money you can make on you own with you own two hands. Screw going big. Stay small and keep it all

@user-nv9jt4zb1r 7 ай бұрын

I live in the same town as Freedom and I am solo. I do very well.

@GarrettWilliams2017 7 ай бұрын

Ya keep it all but “all” isn’t much cuz you can only be in one place at a time. With 35 employees you can be in 35 places at once so even 5% of that is a lot more then “all”

@Defender_of_men 6 ай бұрын

@@GarrettWilliams2017touche...

@user-mn1xj4rc2e 7 ай бұрын

I’m 3 minutes in. Just wow.. here I go to watch the rest. Love it Mike

@MikeAndes 7 ай бұрын

LETS GOOO!

@kurtm1226 7 ай бұрын

4 employees only brining in $200k a year 😮😮

@ericriley3147 7 ай бұрын

What is worse is the fact they are 75% landscaping. Once you remove the material cost they probably only did stick over $100k. That is why there is no money.

@frank8348 7 ай бұрын

Thats insane.

@CerretaniOutdoorsLLC 5 ай бұрын

Wild man I do that with a helper in 7-8 months

@donvasquez8789 7 ай бұрын

I listened to this while working the first time but watched it this morning. BRO, YOU HAD MIKE ANDES IN FRONT OF YOU!!! It kind of ticks me off. I would have had pad and paper in hand taking massive notes asking a ton of questions. The secretary could have been taking notes. Good call Mike. This dudes not serious.

@ThriftyGarage 7 ай бұрын

Better yet they have a whole video to document it and rewatch whenever they want!

@MikeAndes 7 ай бұрын

I am short enough where I could be in front of you..... and you would miss it too

@slicenrice9236 7 ай бұрын

Impressive for luis at the age of 20 . Good to learn/ mentored by Mike.

@SewardOutdoorServices 7 ай бұрын

I have a feeling office girl is taking advantage.

@PCGonline 7 ай бұрын

do you blame her for getting any easy check?

@mikepeterson8037 7 ай бұрын

They are not large enough for her to work in the office.

@gustavomarin6535 3 ай бұрын

Wtf lmfao why 😂

@unalex6123 7 ай бұрын

Here's the fix in my opinion. 1. Fire the office girl & best friend 2. Sort out your booking and jobs software. 3. Know your freaking numbers. Money in, money out, how many clients you got and how many jobs you can do with 2 people. 4. Sell whatever equipment is not needed. 5. Reduce expenses to the minimum without compromising on quality. 6. Advertise like hell, get more work coming in. 7. Pay for performance, instead of raising the salaries 8. Slowly get out of debt. 9. Take on more people. 10. Scale

@thatbusinesstrainer1414 4 ай бұрын

Number 1 on this list solves a lot of the problems...

@PremiumFuelOnly 7 ай бұрын

Thats why im starting slowly and by myself, no debt overhead.

@xbebe 7 ай бұрын

That’s how I did it. I worked the weekends for 2 years while having a full time. Then I switch over to full time and have 3 employees out in the field. I manage office work and calls and I still work in the field everyday as well. Looking to make $330k this year and no way in hell do I think I can offered an office person lol or even not work in the field. For sure gotta be at $500k for that

@PremiumFuelOnly 7 ай бұрын

@@xbebe Wow, thats great to hear switching over in just 2 years!

@MiguelBoisvert 7 ай бұрын

Tough spot to be in for sure, just focus on one thing and one thing only like Mike said. Hope it works out for him

@MikeAndes 7 ай бұрын

100%

@jesusgabriel9411 5 ай бұрын

Not really I think he knows what he had to do just didn't want to accept it.

@user-nv9jt4zb1r 7 ай бұрын

I am not very far from this guy. I see his yard signs all the time. Our area is economic depressed and people can't afford much. I agree with Mike 100%. Closed the lawn business and do his hunting. I know Joplin and Neosho very well. I grew up in a big business in Joplin. People around here does not like people like this showing up on a job half prepared. Word gets around real fast around here. I will take his lawn customers.

@joelhernandez-kn2hp 7 ай бұрын

The business is not big enough for secretary and manager. Everyone should be labors. He trying to run multiple business not fully established

@JoshHall98 7 ай бұрын

Can’t wait for the next one!!

@juancarlosorozco5736 7 ай бұрын

Mike , thank you so much for these videos they’re extremely helpful. Thank you so much quick question do you have a letter that I could copy and paste to raise prices?

@MikeAndes 7 ай бұрын

In Landscape Business Course there is a template. Also, ChatGPT is really good for this!

@juancarlosorozco5736 7 ай бұрын

@@MikeAndes okay great thanks Mike

@AarontheGreat89 7 ай бұрын

Chat GPT is amazing

@GenosHK 7 ай бұрын

What is the 1 weird frame @7:45? It says "WHAT YOU XXXS"?

@benjamingreen9540 7 ай бұрын

Good catch

@GenosHK 7 ай бұрын

I thought it was going to be an easter egg

@1spaceman604 7 ай бұрын

Ive been really curious about the skid steer/forestry mulching industry myself and was curious if it was worth going into debt for it and the trailer if I already have the truck any advice would be greatly appreciated

@wayneblanchard4347 7 ай бұрын

Rent. Learn the business before you go to work for the bank loan. It's a long uphill climb unless lady luck comes your way. Consider working for someone in the business, first.

@RayWilliamJohansen 7 ай бұрын

Jacob should start his own business because in my opinion he is being underpaid by quite a lot imo .

@mikeemary1887 7 ай бұрын

I need mike to come help the company I work for they don't seem to understand systems and how use them

@ihaveaguylawnservices 7 ай бұрын

Solo here in St. Louis for as long as I can be, first full season next sprong. Stacking as much reserve money as possible before that first employee.

@MikeAndes 7 ай бұрын

STACKING CASH like firewood for winter!

@tyler558806 7 ай бұрын

One thing about being a business owner, no matter the size, is ensuring you have the ability to detect, identify, and handle issues that are costing unnecessary inefficiencies or money. I didn't get the sense from the owner he was doing those things, but instead he has his hands in too many pots and relying on hope that something will work out. It's right underneath gambling in my opinion. Because you're throwing cash out hoping you'll get lucky, instead of investing it strategically and being frugal.

@leafgreenlawncare3325 7 ай бұрын

For the copilot price lock guarantee would it guarantee the full price range spectrum? For example, let’s say we purchase the starter and eventually reach capacity to go enterprise, will the $249 price point still be accessible as long as joining before 1.1.24?

@MGMG007 7 ай бұрын

I think its only if you join or upgrade to enterprise before Jan 1st, if you upgrade after, it’ll be whatever new price they have

@MikeAndes 7 ай бұрын

We have to make it simple since this is lifetime price lock. That’s why it is just for enterprise and doesn’t include the employees users. It would be hard for us to track and promise the price lock since those things can change. So you are right, just the enterprise level has the price lock

@leafgreenlawncare3325 7 ай бұрын

@@MikeAndes thank you Mike and MGM. I'll take this into heavy consideration before year end. May yous be blessed heading into 2024 and beyond!

@willieslawncareservice.8436 7 ай бұрын

100% Right 👍👍👍

@Holmscapes 7 ай бұрын

Wah. Good luck with his hunting business!

@MikeAndes 7 ай бұрын

🔫

@GoldCountryTrapping 5 ай бұрын

Working just to stay busy. Lots of these landscaping businesses fold up and disappear around here. Starting to see why.

@dclandscapemaintenancellc9922 7 ай бұрын

Great video

@MikeAndes 7 ай бұрын

Glad you enjoyed it! Thanks for watching!!

@paulmorris9958 4 ай бұрын

this is some great quality real life experience content. I'm definitely becoming a subsriber

@BJR_H 7 ай бұрын

Not gonna lie. It scares me when people answer a question by starting with "To be completely transparent."....

@Akalashnik1 7 ай бұрын

Super easy to turn around. Would take 1 day for me.

@jonport_ 7 ай бұрын

Wild man.

@iamdrewski39 7 ай бұрын

didn’t have money before this but he’s 20 years old and already has a 100k in loans for landscape business, just got married which isn’t free or cheap, just bought a rental property and bought and opened a hunting lodge doing tours….i personally don’t believe that. i don’t see how you could realistically even grow that much from rock bottom in 2 years even if everything went perfectly smooth. i definitely think there was a kickstart with his business with cash injected from somewhere else. which is also probably why he struggles managing the business because he didn’t have to truly grow the business from the bottom. seems like he outgrew himself too fast. common in the landscape industry

@simplyguttersllc5751 7 ай бұрын

I think you're spot on. Life insurance $$.

@theluisbarrett1520 7 ай бұрын

I dropped out at 17, immediately started a business in a different industry, made some money and have bank rolled it all into the next investment ever since. I’ve leveraged a lot of debt, Mike didn’t even get into my real estate debt. I can assure there was no cash injection at any point, other than from my own cash from working. My parents didn’t even have a college fund saved up for me like most, if that gives any reference to how average of a family I come from. All my real estate has been purchased with private investors that I’ve sought out by networking with other real estate investors. I tried to grow too quick this year, and didn’t do it the right way, that’s why I’m in the position I’m in!

@MikeAndes 7 ай бұрын

You are gonna come out of this! You go sir! Thanks for letting us come. Many will learn from this... and I can't wait to see what the next year holds in store for you!!!!

@timblossom8904 6 ай бұрын

@@theluisbarrett1520this has got to be rough seeing a bunch of people judge you on a 30 minute video that's been edited. No doubt there is more to the story and more to you. I would suggest that you step away from the comment section as yourself and come back as someone looking to gain insight on what to do now or how to start a new business. Listen to Mike, read the comments and take away everything that is knowledge, ignore the rest. Look at your deposit slip for the social media column, you are not ever going to be able to deposit likes and support from the youtube masses, but if you focus on what Mike is saying about correcting your approach you can start depositing some dollars, and that is the only reason to be in business.

@grahamworksconstruction 7 ай бұрын

The sad part is an experienced operator could come in and clean it up within a few weeks. But as he said. Hes only giving 20%

@bryais 3 ай бұрын

Bro, your so goated

@LIBERTY0RDEATH 4 ай бұрын

The biggest mistake new contractors make is buying a bunch of equipment off the bat instead of renting what you need. Also buy used. Doesn't make sense to buy a brand new one. They depreciate too much

@ironmike7339 7 ай бұрын

If he had to live off the company wages , he couldn’t pay his personal bills. That tells you the business can’t support the high labor costs.

@wickedgarage 4 ай бұрын

its crazy, I'm on track for 200k this year by myself, busting my ass, biggest thing for hiring in my business(custom Fab) is quality and whether or not someone is gunna be able to be taught or hold the quality I expect, and make their time profitable. dont want to go backwards, but dang 4 employees and only 200k, after expenses what do you really have to show...thats insane.

@jacobhinsey Ай бұрын

- “I built all this myself” - “I’d say I’m in one-hundred-some thousand dollars of debt” 💪💪

@Shane848 7 ай бұрын

That girl has no respect for her boss and should be let go.

@abrahamandsonsmasonry753 7 ай бұрын

How are you allowing a part time office person trying to close deals for you? Has a project manager with only 1 other in field employee, why do you need a project manager for 2 in field employees? What are you doing with your time that you can’t help your two guys or help your part time office employee close deals? Honestly sounds like he wants others to run a big business for him that isn’t even there yet. You only have 1 experienced employee on your team, so even if you do start closing deals, you don’t have anyone but 1 person that can get the job done but might not be in a timely manner to profit money.

@cartmanbrah8937 7 ай бұрын

He needs to get rid of the office girl and the project manager

@coachiti2009 7 ай бұрын

He sounds like a Goat Gang member by his actions! 😂

@MikeAndes 7 ай бұрын

🐐

@quickflick9242 7 ай бұрын

Let’s go🎉

@mackeejack6731 7 ай бұрын

this the type of dude to make money super easily (usually their dads are the same way) and then go and blow it all.

@grandifloralandscaping 7 ай бұрын

Except he's not making any money...

@calvincrawford9583 12 күн бұрын

That's a bad friend and good friend will do everything possible to help you succeed and should hold them self to a higher stander

@Ttow49 6 ай бұрын

The problem with business and new owners is they hit a run of good luck for a short time and they think it will last forever and they buy expensive equipment because they are trying to meet demands and their decisions are made in a hurry because they are busy at that time, and then slow times happen and they get in trouble

@JavierRamirez-ks9ji 7 ай бұрын

I think everything comes down to preparation. The odds are already against you why not first work for one of the best in your market for a few years Learn everything they know and how they handle situations, protocols, and labor. Get good at doing the actual physical work then after gaining experience apply that knowledge and work on being efficient. That in itself will give you an edge in the marketplace.

@poweredbyford87 7 ай бұрын

What happened right before the 27 minute mark when dude popped in, i couldn't tell lol

@parkermichael620 7 ай бұрын

The problems not the debt or to much staff you can grow into that. The problem is everyone is putting in a half but effort and not qualified for their job.

@MikeAndes 7 ай бұрын

Focus focus focus.

@MEGARICHBEATS 6 ай бұрын

They need to come to Houston Texas the many rich people here easy to grow the bussines

@mikelewis8933 7 ай бұрын

Sure hope at 24:37 that wasn’t the actual footage from the flat tire because clearly no one is doing safety checks on the trucks

@MikeAndes 7 ай бұрын

We had to spice up video with some stock footage since we didnt have any cameras with us. They got stolen on the flights to this episode. Media team came up clutch!

@williamspropertymaintenanc5570 7 ай бұрын

Never buy anything untill you can comfortably afford it Trucks are always a necessity so that the only thing we would ever have payments on

@zacklamoureux8792 5 ай бұрын

How do these people get loan? holy cow....

@grandifloralandscaping 7 ай бұрын

This one was physically painful to watch. The business is a literal disaster. 1.5 people could produce the same revenue as the 4 in this company. And what is with these 20 year olds getting married and having kids? Almost no one knows themselves well enough to make that kind of decision at 20!

@beenschmokin 7 ай бұрын

But he knows the folks at the bank and has a new truck so hey who cares. I despise people like this guy. Thinks he's some super capitalist but can't do any of the work.

@grandifloralandscaping 7 ай бұрын

@@beenschmokin It’s unfortunate because he’s probably a really good hearted guy, but he’s very young and in way over his head with ambitions for 10 million. He needs to get his hands dirty and put the effort into growing the business organically and probably listen to less influencer podcasts. Or work for someone else for years before making the decision to run a company. His crew had no idea what they were doing with that deck job.

@beenschmokin 7 ай бұрын

@@grandifloralandscaping Spot on. He doesn't hear a word Ole boy tells him til he says more money and he perks up. The new American dream. Sit back and collect a pay check off the backs of other's hard work and skill.

@grandifloralandscaping 7 ай бұрын

@@beenschmokin True, except it’s more like the new delusion instead of dream, because it never works that way. Social media influencers have caused so much toxic business thinking among young people, and they’re destined to fail if they listen to most of it. Too many people talking about getting rich quick - when the reality is that the owner works 60-70 hour weeks for years before they finally have a big enough business to where they can relax a little.

@davidzook8569 22 күн бұрын

@@grandifloralandscapinganyone can be an overnight success, as long as they have 20 or 30 years to get there.

@no.limit.services 4 ай бұрын

That's the #1 thing I learned about growing a business, never to hire family or friends.

@MikeSamuel-df9rd 4 ай бұрын

I live close to this guy. He will not last long in joplin treating customers like that

@billgallaher9941 3 ай бұрын

I would love to have the input from this man to come into my business and scale me to the moon

@youdontknowmyname6956 4 ай бұрын

Lol, if yall think this is bad, then I need some real help! $135k in dept.(luckily none of its on CCs) $70k on a 22 f250 $38k on a MT100 $8k on a dump trailer $19k on my moms car. I did around $150k last year. Mostly solo with with friends helping out maybe 15-20hrs a week. I only worked for maybe 8 months out of the year too. I have maybe 3k in my account. I have never paid myself before. Everything I get goes back into the business unless I need clothes, hygiene stuff, etc.

@Dailycameron 7 ай бұрын

I’ll sell everything flip a few houses only bc people always need a place to sleep at the right price. People done need a 50k landscaping job done

@ricepadi29 7 ай бұрын

Fire the friend and the office woman. Sell the skid steer or start renting it out.

@xrayded5037 7 ай бұрын

Damn who in the right mind has all that debt and only makes that much… they make what 1 of my guys produces of work a year. Close it down…

@DanielHernandez-us6mn 7 ай бұрын

Should have bought a Mt 100 if he needed a skid steer

@MikeAndes 7 ай бұрын

How much they cost usually?

@byronrobinson8633 7 ай бұрын

@@MikeAndes32 thousand plus buying any attachments. They aren’t cheap either. Unless you find used ones.

@SolarTechFL 7 ай бұрын

I bought a sk 500 at auction for 4k And I have no debt with 500k annual revenue. I buy everything used and fix it myself debt is like cancer to me tho I'm different 😅😂

@CerretaniOutdoorsLLC 5 ай бұрын

If you can’t buy the skid steer in cash don’t buy it!! Keys to starting off are staying out of debt! I own my 2 trucks, plows, skid steers and trailers Don’t have financial stress during the winter months, plowing the snow is actual profit since I have machines to do the work instead of paying guys per hour

@Mwap439 7 ай бұрын

Yeaaa. That’s a rough one

@thelouiebrand 7 ай бұрын

I feel like these days employees don’t get that their employer needs to make a profit off of their work or labor. They want a whole piece of the pie. They also don’t get how much money it actually takes to run that show. Business should be taught in school.

@MikeAndes 7 ай бұрын

You mean business and personal finance is more important than gender studies and political science?!?!? LOL I agree!

@whalerlife53 7 ай бұрын

I totally agree, the problem is the teachers have never run anything except a roll call. They’re government employees that get paid and have a pension no matter how bad they suck at teaching or what garbage they project to their class.

@itzOLE3 7 ай бұрын

Best friend has to go

@MikeAndes 7 ай бұрын

👋

@davidward7672 4 ай бұрын

In this case in love with titles he must be a CEO

@Shane848 7 ай бұрын

He needs to man up. Business is business!!

@dustinmarquand5301 7 ай бұрын

Did he say how much experience he had when he started the company?

@theluisbarrett1520 7 ай бұрын

I’m the one in the video, but to answer your question I started the business with no experience in the landscape world whatsoever, just figured everything out as I went

@dustinmarquand5301 7 ай бұрын

@@theluisbarrett1520 That's a tough way to learn! I like your ambition, just sounds like too many irons in the fire to do really well in any one thing... Especially from scratch!

@theluisbarrett1520 7 ай бұрын

@@dustinmarquand5301 yea, my biggest take away is to stop trying to build a big brick house like he said and just builds a small straw house first. I tried to scale too quick this year, and it bit me, next year I’m getting back in the field full time and focusing on just making it profitable

@MikeAndes 7 ай бұрын

BEAST MODE!! Lets go!

@garyzimmerman6316 7 ай бұрын

@@theluisbarrett1520Do it!! 400k next year. And sell that nice skidloader, please..... get something used.

@digitallymarketable 7 күн бұрын

Sounds like the owner didn't train his friend to handle different situations. Also didn't train Micah. He definitely failed these two employees. Like many people don't know how to change a tire and it can be frustrating for him. Owner should take the time to do some inservices/training on everything.

@morganruest1803 7 ай бұрын

I thought we just needed 2x4 😅

@mikepeterson8037 7 ай бұрын

$200,000 revenue is what you can do with 2 men and a truck operation. If you have no profit running a $200,000 business you still won't make profit running $500,000.

@grandifloralandscaping 7 ай бұрын

200k/person is doable in landscaping. 4 people at 200k is just horrid.

@kelbieglover1514 7 ай бұрын

There’s smart money then there’s Dumb money

@vincentengongoro2705 4 ай бұрын

At $250,000 annual revenues he should not have any debt whatsoever he should be able to do that practically by himself without any office staff just cutting grass and doing an occasional construction project.. I think he's overstepped himself..

@kieronparr3403 5 ай бұрын

Throwing in the trowel...

@tankergaming3586 Ай бұрын

That’s kind of embarrassing🤣

@Concrete615 7 ай бұрын

250k a year seems way to low for all that his paying for 😅

@user-kv2iy3gd6n 4 ай бұрын

Labor times three to make a profit!

@miked1286 7 ай бұрын

ouch

@paulnicholson8524 7 ай бұрын

If he wants to hunt get Ted Nugent he's a famous guitarist from the late 70s and early 80s. He's a fanatic when it comes to that I think he could mentor him in the right direction, bold move but fortune favors the bold.

@MikeAndes 7 ай бұрын

I am so bad at pop culture. Sorry! Don't know who Ted Nugent is

@paulnicholson8524 7 ай бұрын

@@MikeAndes The landscaper that hunts needs to contact Ted for hunting contacts.