Why Most People Can't Build a $1M Service Business

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Күн бұрын

Why Most People Can't Build a $1M Service Business
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Пікірлер: 73

@youkilledkenny85 Жыл бұрын

This is the content we need,I don’t really care about watching a guy mow on KZfaq I do it 70+ hours a week,after a few years you realize all mowers cut and the new ones aren’t that much different and doesn’t matter I made a lot of mistakes over the years trying to grow and not having anything in place and literally the bottlenecks crippled me this past year,you should write a book on this topic it really would help ALOT of people there is no handbook out there,keep doing more on this topic

@michaelsanchez907 Жыл бұрын

Facts 🙌🏼

@pro-cleanteam7610 Жыл бұрын

The E-myth revisited

@markrandall2997 Жыл бұрын

Yessss the book is a must!! Although in the meantime I might recommend Alex Hormozi book $100M Offers. It's pretty dang good on scaling business. But definitely need one from this brilliant coach!! In fact I'd love to see them do a podcast together.

@MrSustainable Жыл бұрын

Amazing content Mike! This is the nitty gritty info that more people need to see and focus on, rather than "lawnfluencers" talking about equipment or specific job breakdowns for their specific business. Looking forward to the incoming monthly videos!

@erichkolb4378 Жыл бұрын

Forget the best blades, sprayers, trucks, etc. The gold is right here in this content! I have lived through some successes and many blunders on these specific topics Mike talks about. I for one enjoy these type of videos. On the topic of "push through", I think many type-A entrepreneurs fail to realize we are the exception, rather than the rule in regards to personality, learning style, risk-taking, and juggling multiple tasks. This oversight is one reason we fail to develop and implement SOP's which would benefit us later.

@Epicgarbagecollector Жыл бұрын

A follow up video on HOW to create a particular system would be awesome! Love this content it’s crucial to continuing growth.

@7FigureMovingAcademy Жыл бұрын

Great video. Good advice...what I am missing is the actual how to create a system and/or process. If you made a video on HOW to make a system would be far more helpful. Thank you.

@caiomoura9637 Жыл бұрын

Awesome content ! Mike keep doing those kind of videos, they’re awesome

@scottmanie3989 Жыл бұрын

Awesome video, great info as always!

@markrandall2997 Жыл бұрын

Love this, it really gives something of a road map to creating and growing with your business. Gives so much clarity to the process and allows one to have the courage to start a business or stick with the one they've already started. Thanks so much for this lesson!!!

@thediydentalchairguy7269 Жыл бұрын

Thank you, I needed to be reminded and really need to start creating systems in training.

@dirtyjobs3995 Жыл бұрын

Great video! You laid out pretty much the mistakes I made, on top of it all I then heavily leverage my company with 90 % of revenue from one major customer in a cyclical industry (forestry) our main customer shut down for a short time and could not pay us. Luckily we had good relations with suppliers and financial institutions and made it through with out damaging our credit. Eyes wide open this time!

@farmlife232 Жыл бұрын

Great content! Really enjoying the podcasts. 👊

@dbypropertymaintenance1753 Жыл бұрын

Wow, so insightful! Definitely going to watch this a few times

@KroopinsPoopinScoopin Жыл бұрын

Thank you so much for this video, I am stuck at around $160,000 annually and it’s been very discouraging because I struggle with hiring and managing people. Something Happens, then there’s a big blowup and I just get in the mindset of “ I’ll just do it myself” because it’s mentally easier for me. I’m definitely saving this video and will implement this, once again thank you so much.

@salinepools Жыл бұрын

Thanks Mike! Great info!

@vovkam Жыл бұрын

Very helpful Mike. I usually have to pass on the daily vlog stuff (not enough time in the day), but when I saw the word "systems" in the thumbnail, I know I had to watch it.

@grassbackwards8253 Жыл бұрын

Great content with lots of value! Thanks for your time and sharing this powerful secrete to grow!

@javiers1018 Жыл бұрын

After reading the E- myth book. Everything you say and do makes a lot of sense now. You even show some examples of your hiring and training systems, in the Landscape Business Course. I appreciate the content even more now!

@vendingservices8900 Жыл бұрын

I think the office/admin position should be swapped over to a sales/route manager type position. In charge of closing warm leads and generating cold ones for a percentage of revenue. Also deals with scheduling, since essentially he will be setting up all dates during sales process

@MilitaryLawnCutsLandscaping Жыл бұрын

Outstanding information. 👏👏👏

@nickbailey7429 Жыл бұрын

This was incredible and makes me want to buy the entrepreneur mba course. It seems applicable to business in general rather than to lawn care solely.

@nevillembarika2256 Жыл бұрын

Now this is a great content. Thanks Mike.

@th3zealot Жыл бұрын

This is very true "willing yourself into growth"

@AarontheGreat89 Жыл бұрын

Thankyou for this video

@gamemakerdude Жыл бұрын

Your content is absolute gold, and I'm surprised you're willing to share it for free! You've inspired me to start a lawn care business. I'm not really sure about making anywhere near $100K, though.

@joelcabrera3763 Жыл бұрын

Great content.🔥🔥

@MilitaryLawnCutsLandscaping Жыл бұрын

This video is gold.

@red_statestorms8784 6 ай бұрын

I watched this again and still have a lot to do to build a proper structure for my growing company.

@lawninorderpropertymainten8897 Жыл бұрын

Great information

@CertifiedLandscape Жыл бұрын

Exactly what I went through this year my girlfriend did all the administrative and it was he'll when we broke up!! Never do this people

@jesseedwards5187 5 ай бұрын

I did this at one point. Not fun!

@red_statestorms8784 Жыл бұрын

Mike, your way of thinking about bottlenecks was very different than I have ever heard. It did make sense though in the way you talked about it.

@urbanrootslandscaping3874 Жыл бұрын

I need to hone in on my mechanical systems. I also need to nail down in writing more of my SOP‘s. We are teetering on the edge of needing our first non-revenue producing staff. I can’t wait until this winter to get some of this in place and prep for the next stage of business.

@drjdup Жыл бұрын

How many field employees are you at nowadays!?

@dylanmoye4477 Жыл бұрын

We are down to 3. We had 5. I’m looking to hire one now, so going into next season we have a strong base to grow on. Thanks for asking. How about you?

@drjdup Жыл бұрын

@@dylanmoye4477 man that’s awesome… I still have 1.5… about to hire a second full timer hopefully next month… I’m bringing one of them to the conference… Hoping to get this foundation built through the fall & winter then hire 2 or 3 for The Spring rush… You going to the conference?

@ZlatnibushHr2015 Жыл бұрын

Great content

@naberliz Жыл бұрын

My fav….. deeper stuff❤️

@markdickinson-pd4ip 3 ай бұрын

Agree 100% Mike. Most businesses don’t like to invest in training people,they all fail!

@mohibquadri4053 Жыл бұрын

Most Heart-touching message 💛 ever ! Bro what books would you suggest to read for becoming online entrepreneur as design engineer in the new age economy to get insights & understand the service based business secrets which lands high paying clients..

@f250ben 3 ай бұрын

Mike you need to read the goal by Eliyahu M. Goldratt. A lot of what you teach including the concept of bottlenecks, has an established foundation in lean manufacturing theory made famous by Toyota manufacturing plants. You made a key mistake in this lesson though. Bottlenecks by design cannot be removed. They can only be moved. This doesn’t really change what you’re teaching but it does impact how you’re teaching it. EOS (entrepreneurial operating systems) is also a branded approach to organizational and business management using lean philosophy, without the manufacturing context than can be confusing in service and unhelpful for applications like service businesses. Source-I’ve been running and operating privately owned restaurants using these approaches, and studying these theories for 6 years. It’s rare to find business owners who understand intuitively the connections here. I LOVE that you do. That’s why I watch your content. Preaching the gospel of systems and frameworks!!!!

@WHANDER0609 Жыл бұрын

My favorite part, the helicopter manager lol

@Lilbit371 Жыл бұрын

I subscribed to your channel after watching your FB interview with Lawncare Juggernaut. My son has started a handyman business which I have invested time and startup funds in. However, he is feeling overwhelmed. I am his “office staff” but we need help overcoming the fears of startup. Hopefully you will have some very basic startup video advice.

@jesseedwards5187 5 ай бұрын

Another question.. If you don’t think a business at $500k Should have an office person then when should they have one? I have one now and its taking a long time to train her. I also don’t have all the systems I need in place but I am working on them. If I didn’t have her though I wouldn’t know where I would have the time to make sops and training videos. It would be awesome If you could make a video on how to make all these sops or one on how to train an office person. You have a ton of experience with this since you have the command center. I have thought about the virtual assistant option and letting her go but will a virtual assistant learn your crm? What could you expect out of a virtual assistant? Maybe one day you will except my turn around application!😊

@jesseedwards5187 5 ай бұрын

Hey Mike. Do all your employees stay busy during the winter?

@Barbosalandscaping Жыл бұрын

Where can i get some quality uniforms? I from wa, and really looking to have some good quality polos when I start knocking on people's door.

@Wingspandfarms Жыл бұрын

I’m the first viewer and like

@sirspenslawncare7665 Жыл бұрын

Hi im starting my lawncare business with a very low budget and i only really plan on mowing my city or close to my city how would I be able to get more money for the budget if i dont know if my company will be able to stay afloat ?

@MrMjlover2 Жыл бұрын

Just start, and save all you can, all this stuff matters more once your actually up and running. I started with an idea and the changes that happened in the 1st year were eye opening. No point in doing systems if you don't know your business

@sirspenslawncare7665 Жыл бұрын

@@MrMjlover2 ok thank you

@wilbertbuchanan9264 Жыл бұрын

Of topic question, where do you get your shirts from? I need some for my service business

@MikeAndes Жыл бұрын

We have a supplier that is a franchise owner at Augusta Nation

@wilbertbuchanan9264 Жыл бұрын

@@MikeAndes is there anyway I can get information on that? cause I would like some.

@thomashammon9997 Жыл бұрын

My bottleneck in life is my family😂🤣😂

@KroopinsPoopinScoopin Жыл бұрын

Are you going to be a speaker at Brian Fullerton‘s event in November?

@MikeAndes Жыл бұрын

Yes

@KroopinsPoopinScoopin Жыл бұрын

@@MikeAndes awesome! I live in Michigan and I’ve been the last two years. We are definitely excited to see you speak.

@Ajkendallmindsetmentor Жыл бұрын

GOLD****

@TheBushcraftontario Жыл бұрын

Is it really worth growing to a million in revenue?, sounds like more headaches in the future.

@MikeAndes Жыл бұрын

Depends on one’s goals ✅

@getexposed9072 Жыл бұрын

Ok,at some point if people do not know about all this,then they don't need to apply at my shop.Good grief it's like you gotta hold everyone's hand on everything it's ridiculous!You just need to give a apptitude test right off the bat,to see if they have any kind of mental capacity to work.

@jamesjohnston547 4 ай бұрын

Spillway

@E.L.C. Жыл бұрын

Do just a sloppy as job and be the mcdonalds of lawn care like this guy

@MikeAndes Жыл бұрын

I will take that as a massive compliment. Ultimately, McDonalds is the closest thing to what the consumer wants. Every country they are in have massive lines, huge demand, and customers love it. In and Out Burger, Chicfila, or a local independent burger shop cannot say they have served billions of people. The quality of their food can be questioned but the consumer ultimately decides on the price and quality they want to pay and the majority have consistently chose McDonalds. However, I would disagree to some extent that I am worthy of a comparison to McDonalds since we are not the low price option in our markets. We are usually on the higher end of price and provide a premium level of service.

@E.L.C. Жыл бұрын

@@MikeAndes of course you would Mike no detail or quality just fast mow and go lol I'll keep my rep intact and pride in work

@E.L.C. Жыл бұрын

But hey companies like yours keep me in buisness 😆

@tgnuma2 Жыл бұрын

@@E.L.C. Someone sounds jealous.

@E.L.C. Жыл бұрын

@@pablo9364 ouchie lol 😆 😂

@thisoldrelic Жыл бұрын

Great info Mike. But you didn't have to go through all the examples of a bottle neck. It's a concept that is well known and it's 5 minutes I didn't need.

@MikeAndes Жыл бұрын

Had to build the foundation for the beginners that might not have those concepts in their tool belt ✅ next time I’ll do chapters on the video so you can skip the intro 😀👍🏻