From FIRST Employee to $1M+ Business: A Masterclass on Hiring

Рет қаралды 18,478

Күн бұрын

Пікірлер: 54

@collinscrewlandscaping 6 ай бұрын

I love these types of your videos. These are the reason I have followed you for years. We just started our 4th year and am ready to launch my company to the sky! Keep these types of videos going.

@collinscrewlandscaping 6 ай бұрын

Don't get me wrong I also like the videos of you helping other companies but these are gold.

@TruckingInABlueDream 6 ай бұрын

I’m wondering if Mike has ever worked with a mobile fleet wash company, washing trucks. That’s my side business, and seems like a lot of his advice applies. I only work the 6 warm months of the year and I’m in my second season. I worked completely solo last season and generated $75 an hour revenue. I’m now using my teenage daughter as a helper, she can’t quite fully handle the spray hose, and increased efficiency and revenue to $100 an hour. I figured I could get it up to $125 with a full employee, with me as the helper. I’m in my late 50s and manning the hose absolutely wears me out after 3-4 hours. I’m hoping to scale it up to transition into retirement from my 35 year career driving the trucks.

@MikeAndes 6 ай бұрын

LETS GO! Good luck!

@jtmcfarland3512 3 ай бұрын

How do you distinguish between a bad estimator and a slow worker? It seems P4P and KPI things would hurt the workers if you have an estimator that underbids services; OTOH, you may end up overpaying slow workers for "high efficiency" or have a worse close ratio if the estimator is overbidding. How does the 80% efficiency play into that as well?

@jvick953 6 ай бұрын

I wish our customers knew all this. I've done some quotes lately where they are shocked what it cost to run a lawn care business profitably. Maybe get some more quotes and you'll realize I'm not the only one trying to stay in business😂

@cannonmead2766 5 ай бұрын

But there are many companies entirely under the table that can bid dirt cheap. It’s a fine line to nail some bids on average homes.

@chads9818 3 ай бұрын

Yea I've run into ppl that get super cheap quotes but then they are looking for someone new in 6month to a year because their last guy went out of business.

@TheWickedPath 26 күн бұрын

This is gold! Thank you!

@herbie3smith 6 ай бұрын

I work in the HVAC industry and hope to start my own business next year

@hoffpauirconcrete.semperfidCC 6 ай бұрын

Open a concrete business in the summer .....employees last until lunchtime if you are lucky

@hoffpauirconcrete.semperfidCC 6 ай бұрын

Also the McDonald's parking lot im working at now just closed for good sooooo lol

@Nick-th1kx 6 ай бұрын

Window cleaners should be hired in the winter that way by the time it gets hot they know what they are doing and don’t quit because they are slow and it’s hot out

@Zwrld781 6 ай бұрын

Pay more?

@seanmackenzie4432 6 ай бұрын

I do forming up In B.C. Canada. I have to compete against the immigrant contractors that are billing their employees out at $50.00 an hour 😞😞

@hoffpauirconcrete.semperfidCC 6 ай бұрын

@seanmackenzie4432 white black mexican Guatemalan ive had them all cant keep anyone in this heat

@FoxProLandscaping 6 ай бұрын

You just sucked me into CoPilot Andes! 🤣🤣🤣 Christian does a good job!

@129328 6 ай бұрын

This guy is a stud!! First class info 👌🏼💯🙌🏼

@agapesocceracademy Ай бұрын

Hello Mike! You are getting upset all the Master mind course seller! You are giving away all their secrets! I love it! ❤

@MikeAndes Ай бұрын

Thanks for watching!

@agapesocceracademy Ай бұрын

@MikeAndes you're welcome If you ever think about doing something with soccer let me know. I have 5 locations with vision and roadmap to expand👍⚽

@Lawn-Stewards 6 ай бұрын

Great video Mike

@MikeAndes 6 ай бұрын

Thanks!!

@B.E.E.S. 6 ай бұрын

Hi Mike, Suggestion: can you make a video on hiring students and loose them for spring rush and fall cleanups please? Whats the best ratio? Also, I tested your CRM its great, but not if you dont live in Québec unfortunatley.

@Longreachoutdoorscentre 5 ай бұрын

Hi, Mike Andes I have started watching your youtube videos and they seem genuine tips and advice on how to build (and save) a business and company. Just wandering if ever you are visiting Australia. You are could give your advice on how to expand a fishing, camping and hunting retail shop in Australia. Cheers

@BackRoadBound 4 ай бұрын

32:00 That’s me on those busy days. I am on the borderline of hiring an employee.

@3PMedia 6 ай бұрын

Great stuff Mike.

@jtmcfarland3512 3 ай бұрын

"The iced cream machine is still broken." LMAO Truer words ne'er spoken. 🤣

@slowrider30 6 ай бұрын

Most clear video you've done on clocked hours versus budgeted

@greatestuff 5 ай бұрын

Can you please take the strobing effect out of the 'Mike Andes' sign on the purple background? Is it the Frame rate? It's very distracting

@herbowenby4357 6 ай бұрын

Just a thought: If an individual was the owner/laborer of a small company, and was 75% efficient AND That individual was setting themselves up to eventually expand AND They were considering their labor worth the going rate of $20/hour while using the x4 principal for charging at $80/hr AND They worked 8 hours a day, 5 days a week.... every week. Then their total revenue couldn't get above 200k. It would be $124,800 6 billable hours a day (75% efficient over 8 hours a day) * 5 days a week * 52 weeks/year * $80/hour = $124,800 While being pretty high compared to the average Joe out there providing services for cheap.

@almangrant7358 6 ай бұрын

Uh-huh, 80% efficiency would be a practical performance target for delegated business functions, and sure enough, it is.

@bdhlawncareservices6403 6 ай бұрын

More info on manager phase

@MikeAndes 6 ай бұрын

Next week video will dive deep on architect phase($800k+). The manager phase will go on my list ✅

@30yanuel 6 ай бұрын

Yes!!

@marlonboquin01 6 ай бұрын

great vid

@Erock242 6 ай бұрын

Thank you 🙏

@EliteAcres-i8n 6 ай бұрын

Mike. I'm a little confused on the rule of 25% and how that compares to p4p. I often here 30% as the number that you quote for p4p, but wouldn't that then break the rule of 25%? I'm sure that i am just missing something but would appreciate it if you could clear that up for me, or if someone else can. Thank you

@MikeAndes 6 ай бұрын

33% of LABOR REVENUE is P4P. That takes into account waste, drive time, etc The rule of 25% does NOT look at waste. Just the labor rate and pay rate per hour. If you pass the rule of 25% and give 33% of labor revenue on P4P that gives the team plenty of opportunity to earn bonuses

@kylelieb2977 6 ай бұрын

Thank you for the response Mike. So to confirm that I understand, 25% on site cost goes to labor, and 33% overall clocked hours for p4p? Also, would this mean that in order to make p4p an employee would need an efficiency score of over 100%? Thank you.

@Erribell 6 ай бұрын

@kylelieb2977 i dont see how an employee is going to get an efficiency score of over 100 percent, that would mean they are finishing jobs so quickly that the budgeted hours are no longer accurate, the owner is making the estimate and is the best worker so how coukd an employee do so much better than the owner to make the budgeted hours estimate essentially a lie?

@EliteAcres-i8n 6 ай бұрын

@@Erribell I am probably just not understanding something about P4P. I plan on reading Mike's P4P book over the off season. I guess I understood P4P as kicking in when an employee is beating budgeted hours, but like I said, I'm probably misunderstanding. If you could help me to better understand it, I would appreciate it.

@Erribell 6 ай бұрын

@EliteAcres-i8n well logically since p4p is kinda like an incentive to increase employee efficiency it doesn't make sense to me to wait until an employee is already efficient before you give them the carrot to increase efficiency Just my thoughts though, id love to hear what Mike has to say

@kangerlawns8038 6 ай бұрын

Shouldn’t efficiency be actual job hours / clocked hours? The guys could rush work hours but sit between stops. This would cause a bad efficiency number bc they rush through jobs . Thoughts?

@MikeAndes 6 ай бұрын

Actual job hours could be inflated if on the job performance is slow. That metric would only take into account off-job efficiency like drive time

@kangerlawns8038 6 ай бұрын

@@MikeAndesfair point. We usually check actual vs budget time. That metric tells us are they product on the job or not. Then efficiency (job time / days time) tells us how they drive, load, unload. Thoughts?