I’m Drowning in DEBT & Buying NEW TRUCKS!

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Mike Andes

Mike Andes

Күн бұрын

Пікірлер: 222
@MikeAndes
@MikeAndes Жыл бұрын
Book your tickets for Landscape Summit at MikeAndes.com/summit
@tristram0073
@tristram0073 9 ай бұрын
Dang man why’d you have to roast Shreveport like that at the start of the video hahaa
@Orefamilylawncare
@Orefamilylawncare Жыл бұрын
He isn't hauling equipment big enough to justify a 3/4 ton truck for his business. A few older half ton trucks would pull those little standers around with zero issues and he could sell the trucks he has now and feel immediate relief from those truck payments. And he's getting a fantastic deal on his office space.
@CerretaniOutdoorsLLC
@CerretaniOutdoorsLLC Жыл бұрын
Exactly!! Mowing lawns doesn’t justify a brand new truck If he Hardscaping and concrete which have bigger ticket prices he can swing those nicer trucks because it’s used and easier to pay off
@MattCupan
@MattCupan 7 ай бұрын
They're doing roofing for dough. You don't make money cutting grass.
@KasparrTV
@KasparrTV 4 ай бұрын
Selling the truck doesn’t just get rid of the payment lmao.
@tennesseesawmillguy1590
@tennesseesawmillguy1590 Жыл бұрын
Been mowing accounts with $4000 trucks for twenty years. Our trailers cost more than the trucks. Work on route density and raise those prices. Right now is a great time to raise prices. People understand that prices are higher.
@entorid6902
@entorid6902 Жыл бұрын
yes and have truck thats just as cheap as its possible, just gets the job done.
@Gruerradetitaneslopez13
@Gruerradetitaneslopez13 Жыл бұрын
If you been mowing for 20 years and running beat down truck your probably not making any money. I have been running my business for 10 years we only service high end weekly mowing clients and also do weed control and fertilization we run brand new trucks we can pay off a $80,000 truck in one week it’s all about prices and profit some of them new guy’s buying brand new truck just to look good but they charge to cheap. Or don’t know how to charge
@entorid6902
@entorid6902 Жыл бұрын
@@Gruerradetitaneslopez13 I never said beat down trucks, but why spent extra money for brand new when you can get used, dont pay interest, and get it way cheaper. And idk making 80k/week profit sounds a like bs not gonna lie
@SeanKingeryHomes
@SeanKingeryHomes Жыл бұрын
80k a week profit in the landscaping business?? Surely that's a typo, unless your mowing and robbing your clients houses lol
@TYKLE82
@TYKLE82 Жыл бұрын
@@Gruerradetitaneslopez13how many lawn companies are profiting 4 million plus a year ?
@landmarkcreations1183
@landmarkcreations1183 Жыл бұрын
I’m in the fencing industry but I have learned so much from this channel. Thanks to Mike and his team!
@MikeAndes
@MikeAndes Жыл бұрын
Next month we have a roofing company doing a turnaround ✅👍🏻
@NoahDevine91
@NoahDevine91 Жыл бұрын
It’s incredible what he did from cutting lawns and setting up great SOP
@bushandoj6487
@bushandoj6487 Жыл бұрын
You should Post fence installation videos or do day in the life
@unalex6123
@unalex6123 Жыл бұрын
Holy Moly, i know everything happens for a reason but maaan. This video showed up in my recommendations 2 hours after i had an emergency meeting regarding our failing business . Thank you so much for this valuable information and opening my eyes guys!
@Chicken.
@Chicken. 4 ай бұрын
Did you turn it around?
@TheWillKelly
@TheWillKelly Жыл бұрын
4L Mindset is GOLD. Thank you for sharing this QUALITY content with us.
@MikeAndes
@MikeAndes Жыл бұрын
🙏🏼🙏🏼
@drewslawncare1913
@drewslawncare1913 Жыл бұрын
I'm 14 Mike and you've helped me out a lot I'm turning 15 in 2 months and I've got more then enough money to buy a nice first car in cash, and continue to grow my business.
@joec6804
@joec6804 Жыл бұрын
Great job Drew! Keep it up.
@FrankJGarcia_94
@FrankJGarcia_94 Жыл бұрын
Hey Mike Several months ago I called into your live show and talked about what it would take to go full time. Well i did and it was the best decision i could have done, not only for myself, but for the business and family. Just want to give you a big thanks for the push to jump ship. without that call i would still be stuck at an IT job i hated. be more than happy to talk about it anytime if the opportunity arose.
@valsilva7833
@valsilva7833 Жыл бұрын
Thank you for taking time from your preparation for your key notes to upload this
@MikeAndes
@MikeAndes Жыл бұрын
Media team gets the credit for the high quality 💪🏻
@NoahDevine91
@NoahDevine91 Жыл бұрын
That’s so awesome Mike with how many people you help with your experience and expertise. Can’t wait to see your next videos and eventually your follow up with the OX TEAM
@seanslawns
@seanslawns Жыл бұрын
Mikeeeeee, you go buddy. Proud of you, you definitely put in some work.
@luispatino3180
@luispatino3180 Жыл бұрын
Raise pricing reduce route density and sell off unnecessary equipment. Once you have a healthy profit margin then consider expanding
@kodypilger
@kodypilger Жыл бұрын
He will want to increase route density, not decrease.
@jamiepippin3892
@jamiepippin3892 Жыл бұрын
I don’t think that’s what he meant. He doesn’t use commas.
@davidwooten3430
@davidwooten3430 5 ай бұрын
Raising prices on the original customers would be a good move. Even if a few drop off you will likely make at least the same money on less labor. If you’re doing quality work most will understand an occasional need to raise prices due to inflation.
@garrettmawalls9734
@garrettmawalls9734 Жыл бұрын
That’s one of my competitors. It’s crazy Mike was in shreveport
@thepeoplesupdates676
@thepeoplesupdates676 Жыл бұрын
Start your own yt channel and make some extra money 👀
@urbanrootslandscaping3874
@urbanrootslandscaping3874 Жыл бұрын
Great video Mike and media team.
@vadillo1
@vadillo1 11 ай бұрын
If I hire a company to cut my grass and they show up in that nice of a truck, my first thought (right or wrong) is that I'm paying too much for the service. Makes no sense to pull a lawn mower in a 80-100K truck.
@gabrielhoxie346
@gabrielhoxie346 3 ай бұрын
I disagree. Nice Truck means to me the business is doing well.
@akllls617
@akllls617 2 ай бұрын
That makes no sense unless they are charging double the price of other people
@bluthgold533
@bluthgold533 Ай бұрын
⁠@@gabrielhoxie346Faking it till you make it in the lawn care business is a wild strategy
@gabrielhoxie346
@gabrielhoxie346 Ай бұрын
@@bluthgold533 anything over 6,000 weight is a irs tax write off.
@bluthgold533
@bluthgold533 Ай бұрын
@@gabrielhoxie346 Still had to be paid for by the business owner at a time when he was really struggling for money
@BRANTLEYDAVIS-zx8bc
@BRANTLEYDAVIS-zx8bc 10 ай бұрын
they mow my highschool pretty cool
@greglinarelli9401
@greglinarelli9401 Жыл бұрын
Some small business are not posting the auto loans correctly; could show more or less debt the B&L . The owners could be pulling to much monies from the business leaving them low on capital for things that need to be done.
@Lawn-Stewards
@Lawn-Stewards Жыл бұрын
I didn't think it was a big deal.. you still hammered the point home that they needed capital. Loved the video as usual ❤
@vendingservices8900
@vendingservices8900 Жыл бұрын
List of bottlenecks is awesome. I feel like I’ve experienced all of them just in my first year.
@anthonycook9803
@anthonycook9803 Жыл бұрын
We went from $65/man hour to $90/man hour mowing and Fall leaf blowing or leaf mulching with our Toro mulching system on Grandstand and weeding,(m120/man hour to prune shrubs bcuz this takes more knowledge and proper plant identification, $ $130/ cubic yard dyed brown mulch installed with edging and prep extra at $90/man hour, $150-$175/man hour for installing plants and gravel mulches, landscape work as that takes even more know how on what to plant where(I feel like that is still cheap tho but with 3 guys working an 8 hour day installing plants = $3,600/day(minus paying each guy $50/hour) , probably cheap but I feel blessed to be making that type profit. I pay my guys 1/3 of my hourly rate per job type.
@schopscapelawncare9763
@schopscapelawncare9763 10 ай бұрын
Wait you pay your guys $50 per hour? Legitimately?
@schopscapelawncare9763
@schopscapelawncare9763 10 ай бұрын
Not trying to be rude just curious
@anthonycook9803
@anthonycook9803 10 ай бұрын
Yes, I pay main guy(driver) of the team 1/3 of which we service they are performing per hour, the second person( learning helper) makes 1/3rd of minus $5-10 per hour as they learn to become the driver of their own 2man crew truck. Employee retention is main goal, so we want to pay for the best work ethic so we can charge for it. I want them to make so much that they are afraid to lose their job, lol. I want the client to see them hustle like they are scared to lose their job, lol. That’s how I work so it’s good they work this way as well. Now we all ‘have skin in the the game’ so to speak. We do grow slowly bcuz we focus to only high end properties, we still have clients from 22 years ago. We only lose them if they move, very blessed. ​@@schopscapelawncare9763
@janetwolski1607
@janetwolski1607 9 ай бұрын
​@anthonycook9803 bingo that's exactly what I've been doing for 30 yrs now and the first 12 yrs I was afraid of losing clients..well we r at 100- 175 with knowledge of lawn ferts etc like I said!!!u r genius/* I have 7 trucks 6 trailers a shop I rent for 2000 month and legit insurance .payroll workman's comp..and I have 35,000 worth of debt from buying a new fert machine and a aerator..where do.u live..u r inspiring!!!!thank u !Janet from.wisconsin
@bennypacheco9064
@bennypacheco9064 Жыл бұрын
My parents have a duo partnership my mom takes care of light equipment like lawn mowers, ride on fertilizer, rakes, shovels, generators, and etc. the heavy equipment is purchased by my dad like the skid loader, mini excavator, mini track loader, dump trailers, and etc their shop is litterally their house with a lot next door in Michigan their equipment is all paid off their house is paid off. They do both go half and half on the vehicles they have a 2 heavy duty trucks and one dump truck. We always try to go cash and always try to look for the most reasonable priced used equipment we also try to negotiate if we can before buying it.
@alienapks
@alienapks 4 ай бұрын
Correct. I also believe in good deals, new is not always good.
@romleyhardy5691
@romleyhardy5691 Жыл бұрын
I very much appreciate your videos. The amount of knowledge and insight gained is priceless. Thank you for putting this type of content out. It really helps with what I need to learn.
@axpro47
@axpro47 Жыл бұрын
Hey, thanks for awesome videos!
@stevehughes7224
@stevehughes7224 Жыл бұрын
Makes absolute sense
@luismeda3142
@luismeda3142 Жыл бұрын
Hey Mike, In need of some help. My father passed away August 23rd and he ran a landscape company (Meda Landscape) for over 25+ years out here in Ramona, CA. I only have 5 years of experience just not experienced nor did my dad really teach me that stuff since we never expected anything to ever happen to him. I’m 21 years old and it’s just been stressful trying to figure out why my fathers business is always stuck at the same “capital”. We have 4 workers 2 maintenance workers and 2 project workers. Some weeks it’s a struggle to pay them where I take money out of my own “profit”. If you could reach out I really would appreciate it my goal here is to make my fathers company well known around San Diego as we already have a strong amount of clients in our town.
@scrapmanindustries
@scrapmanindustries Жыл бұрын
Hey man I’m no expert and don’t personally know you or your situation but I am also a younger business owner with only a few years in and no college education. I would say that step one if you haven’t done so already would be to figure out all your costs. If your mowing lawns most of that is usually a flat rate bid. Well how much does it cost you to mow a 1/3 acre yard with not too many obstacles? How much does it cost you to mow a 2 acre yard that has tons of obstacles? If you don’t know you need to figure it out. I started a welding business and then accidentally got into tree work as well and for like the first 2.5 years I could not actually tell you how much it would cost me per hour to weld your landscape trailer back together. I had to sit down and figure it out. Since you have employees separate your personal expenses from your business expenses. If you are the only employee than there can be some co-mingling there but try your best to separate it out. I would figure out your personal expenses first because that will be needed to figure out your labor rates. Then figure out all your business expenses remember to pay yourself. If you are running old equipmentfigure out how much it would cost to take out a loan on new equipment of a similar capability and also add that in there because your old equipment will not last forever and if you don’t charge to replace something you’ll be stuck with digging into your personal pocket to replace it. Once you figure out how much it costs to work for the month pro rate that into how much per hour or day it costs for the amount of hours or days you want to work. For example I was charging $75/hr to weld on-site. Once I figured up my expenses I found that in order to sustain what I was doing I would have to work 85 billable hours a week. Well even on weeks where I am productive most times I only can achieve 34 billable hours a week. (Doing the mobile welding, tree work I can do 100 hours a week easy). So now I have less hours per week but need to hit the same monthly target. The only thing you can do is raise your price per hour. If that helps. Also another thing is if your expenses are really high compared to what you think they should be figure out why and what you can do to fix that. If it can not be fixed how come up with a justifiable reason why you are more expensive that the other guys. For example I was renting lifts for the tree work only when I needed to. In one year I had 31 days of use on rented lifts. That added up to $11k in direct costs not including buying extra climbing gear or spending hours to climb a tree that would be on the ground in 30 minutes with a lift. Or the lost production traveling 30 miles away to pick up the rental. So I bought my own lift which was really scary but I could not get ahead without eliminating that waste of renting them. Hope this helps you and your situation. My experience and problems may not be what’s keeping you in your problems but maybe it can help someone.
@scrapmanindustries
@scrapmanindustries Жыл бұрын
Another tid bit of information I can give you is pay attention to your competition but don’t let them intimidate you. I learned this back in my scrap metal days. I was cruising around picking curbside metals on trash night in my tiny little pick up. Another guy was going around in his full size truck with “scrap racks”. I saw him he saw me. He did everything he could to get in front of me so he could be the first one down the roads, he was speeding blowing stop signs passing me in no pass zones everything he could to get there first because I was an intimidating presence to him. Me on the other hand payed no mind to how he was working and I just did my own thing at my own pace. While he was blowing by all the small stuff to get to the big stuff before me I stopped at everything small or big. He had a dishwasher and an empty filing cabinet and a small brass cymbal at the end of the night. I had a truck overflowing with all kinds of stuff stopped for a curtain rod and someone saw me and offered a riding mower for free. Even though I had no room in the bed I tossed that thing as high as I could and strapped her down. The only reason I did so well that night is because I wasn’t intimidated by the other guy. Fast forward a few years and there’s a welder down the road charging $50/hr. Like I stated earlier I can’t even make it on $75/hr. I could be intimidated and try to do what he’s doing or I can stop think for a second and realize that he is still living with his parents and has a shop on his parents land. Obviously if he moved out on his own he would have to charge more or get evicted. Other guys have super huge service trucks set up a certain way, I do not. They are doing different stuff than me and have contracts with various companies that allow them to have that set up. I do different work and don’t have great contracts at the moment. The truck will not get me those contracts so should I buy it just to be set up like the other guys?
@-clif1987
@-clif1987 7 ай бұрын
I do construction. This is good advice for any business.
@JC_LawnCareRVA
@JC_LawnCareRVA Жыл бұрын
I'm only a teenager, can't even drive and I love learning from your videos and gaining information. Especially when I'm doing schoolwork.
@johnblount1347
@johnblount1347 Жыл бұрын
Would love to see an update on this story!
@bdskater121
@bdskater121 Жыл бұрын
Great video, thanks
@greghenner4978
@greghenner4978 Жыл бұрын
My business would have a bunch of 1990 trucks with new motors and transmissions, the insurance is 1/5th the price of a newer truck. Bunch of older trailer with new bearings and paint.
@stevethomas5209
@stevethomas5209 Жыл бұрын
That's it, keep it simple. Going into dept w the prices of the new trucks is whats causing financial stress on these businesses. It's much cheaper to run the older trucks and just keep up on the maintenance. But I know everyone wants to look ( bouji rich) but it's been my experience to present my business as hard working and humble instead of flashey that way your customer won't feel like he's paying for your flashey new trucks you maintain customer retention and build that way always pointing out to your customers that you run lean to save them money too. And the guy w the flashey expensive trucks are costing them ( your customers) in higher invoice billing totals.
@pepsilove6306
@pepsilove6306 Жыл бұрын
@@stevethomas5209 this and more this, our business motto has always been "Family owned, family operated" and we use a fleet of minivans instead of trucks, our main flagship is a lifted 2003 toyota sienna with a cargo rack on it, trimmer racks mounted on the sides of the cargo rack, sure cans up in the cargo rack with a fill hose to gravity fill the equipment with gas, a lil tractor supply store trailer houses my zero turn behind the minivan, ppl think its unique and hilarious set up and generates alot of leads passively just from how many heads it turns while out n about.
@johawt1
@johawt1 9 ай бұрын
These guys deserve success. Keep grinding. Keep thay overhead low and quality up.
@trentneville2273
@trentneville2273 Жыл бұрын
Great video
@IdbaCo.
@IdbaCo. Жыл бұрын
Amazing content Mr love it👌
@rontopping2048
@rontopping2048 Жыл бұрын
Need full service clients across the board . Spring cleanup, mulch , pruning, irrigation service, fall cleanup . Dump the mowing only accounts. Condensed route. Sell landscaping projects , hardscaping. Mowing is not very profitable but brings in other services.
@pepsilove6306
@pepsilove6306 Жыл бұрын
thats if the client base can even support it, next 5 towns in every direction of me are so broke full service isnt a option for them. lawncare is a "so the city doesnt fine me into oblivion" task and no one has pride in their property unfortunately. I ended up adjusting my business to the client base and gave up on all that jazz, I do violation cuts now and yard recoveries mostly for the city. City contract nets me pretty good money to mow gnarly yards.
@JNHEscapes
@JNHEscapes Жыл бұрын
I’m not seeing or hearing much wrong here. He’s doing a great job and understands the situation. Capital allocation needs help and he definitely needs to rethink vehicles, but in today’s world that creates maintenance and other issues and trucks running on the road is more profitable than in the shop getting fixed. Also, I believe this is a branding and marketing problem (and I typically hate marketing). But his name does not provide the public with enough information. Wrap the trucks, change the name, find a color and brand and stick with it. With some small back office changes, controlling the capex and rebranding he could take off. He has the core knowledge. I’d be an investor!
@chadjelliston5652
@chadjelliston5652 4 ай бұрын
These guys will do well. You can see it. Great video. Keep the trimmer side down boy$$$$$$$$
@tylerwinkowitsch1134
@tylerwinkowitsch1134 Жыл бұрын
Wish I can get a shop for that. Be 4500 a month to rent in my area
@Unknown_Ooh
@Unknown_Ooh 11 ай бұрын
It's rural Louisiana everything is pretty cheap down there and people are used to cheap prices which is part of the problem why he can't raise prices to meet his growing overhead.
@honorvalor
@honorvalor Жыл бұрын
these are gold
@vendingservices8900
@vendingservices8900 Жыл бұрын
We started in February. Doing just over 100k this year (for exterior cleaning). Next year I’m looking to get out of field in February, promote my tech assistant to tech lead, do 240k ($1200/day) with 2 guys. Year 3 is hire another crew of 2, do another 240k, as well as possibly a part time office worker. Year 4, I would like to double again. Do 960k with 4 trucks (8 technicians) promote one of my lead techs to a production manager, full time office worker, maybe a sales guy? I want my role in the business to be full time sales guy, marketing, and hiring.
@Tannerbaker3331
@Tannerbaker3331 Жыл бұрын
Trying to get out of field way too soon. 100k is baby numbers. I think I spent that last year on mowers. Best of luck to you though.
@vendingservices8900
@vendingservices8900 Жыл бұрын
@@Tannerbaker3331 Exterior cleaning is a lot different. A lot of first time clients. Not much reoccurring. To do $1500/day, I have to do 6 bids a day. Our average job size is $500, with a 50% closing rate. I can’t do that while on the truck.
@vendingservices8900
@vendingservices8900 Жыл бұрын
@@Tannerbaker3331 I feel like there has to be a better way to run my business where I’m not having to drive out to as many quotes. Literally sounds so excessive.
@raycleaningsolutions
@raycleaningsolutions Жыл бұрын
@@vendingservices8900in person quotes is the best way to close deals. A truck should make at LEAST 250k a year. I wouldn’t start hiring crews till you hit bigger number on your truck with a helper.
@kylecrisman9230
@kylecrisman9230 Жыл бұрын
@@raycleaningsolutionsIv been washing for 8 years. Guarantee you this guy started because of Cody and thinks by the second year he’ll make 2.4 million. Iv seen it all in the wash business they come and they go
@pjsites1985
@pjsites1985 Жыл бұрын
Really enjoying these style of videos. Reminds me of kitchen nightmares or bar rescue. Thank you for the content
@Fw_mariaofc
@Fw_mariaofc Жыл бұрын
Do you have any videos talking about hardscape business
@Rwinnett2012
@Rwinnett2012 Жыл бұрын
Simple thing to help him now is sell at least 1 truck and another F150 like they have for 5-10K. That will take $1250 a month off the table each month and give some breathing room. Even better, sell both. Buy 2 used trucks for $25K in debt and free up almost $2K a month.
@preacherizze4771
@preacherizze4771 Жыл бұрын
Love the soundtrack btw, definitely added to the episode.
@Jbmc65
@Jbmc65 8 ай бұрын
I could see the F-350 if they were in Wisconsin or NY. That was the truck would have a snow blade on it. But this truck is just over kill in LA
@alienapks
@alienapks 4 ай бұрын
There are alot of former police big tracks at auctions going for as low as $3500. This should work well and the CEOs can have the newer tracks
@jeanalexandre1105
@jeanalexandre1105 Жыл бұрын
He should consider dropping. Customers that are too far from his service area.
@JNHEscapes
@JNHEscapes Жыл бұрын
I often hear this and my own brother and his company refuses to go very far. I was the opposite and would take any customer anywhere and some of my absolute best clients are nearly 5 HOURS away. It’s situation and never say never in business. When you start limiting yourself you limit revenue and profit. Find a way is the plight of the small businessman.
@johnvigniero450
@johnvigniero450 10 ай бұрын
Worth analyzing whether it is worth it. Less can be more, efficiency which creates more effectiveness. If they are beyond your radius sub contracting those jobs would still bring in revenue while not over extending.
@edwardb911
@edwardb911 10 ай бұрын
@@JNHEscapes5hours away ahahahahh so a 10hr shift driving nice for one lawn hahahahaha
@JNHEscapes
@JNHEscapes 10 ай бұрын
@@edwardb911 Jesus, you’re really shortsighted. Do you honestly believe I meant 5 hours for a single residential lawn? That just shows everyone how you will never “get it”…yeah bud, I meant 5 hours one way for $40 makes perfect sense.
@janetwolski1607
@janetwolski1607 9 ай бұрын
5 HOURS?? dont u mean 5 or 15 min away?​@@JNHEscapes
@miklomorales4768
@miklomorales4768 Жыл бұрын
Only 80 residential and 15 commerical is crazy....i seen like 6+ zero turns...... How any why
@pepsilove6306
@pepsilove6306 Жыл бұрын
thats what i was thinking, for the sheer amount of equipment they got, and for only 80 residentials i was like.........I mow 70 yards on my own a week 14 a day 5 days a week and only got 1 truck, and 2 zero turns, ones a back up incase one breaks down. that many zero turns and trucks......those better be some HUGE yards
@csuiteunfiltered
@csuiteunfiltered Жыл бұрын
This video was AWESOME! Packed with practical advice. Shout out the Media team for the amazing edits! 👨🏻‍🍳🤌🏻
@stkrrauch1
@stkrrauch1 Жыл бұрын
by the time you left his shop his bank account was probably down to 3000$/those trucks are taking half of the liquidity up
@chriswhite9363
@chriswhite9363 Жыл бұрын
Hell yeah you have to look good riding
@seanslawns
@seanslawns Жыл бұрын
I’d hate for you to see my truck, you just made me want to sell it haha.
@MikeAndes
@MikeAndes Жыл бұрын
😂😂 mission accomplished 🔥🤷‍♂️ jk
@CerretaniOutdoorsLLC
@CerretaniOutdoorsLLC Жыл бұрын
Just blast out a couple bigger installs every month, easier to pay the truck every month if you can do some higher ticket jobs that you specialize in that you can make a good profit and pay the truck in a day or two of work Concrete or hardscaping? I’m in southern New Hampshire/ boston if you want to come learn some concrete great money( it’s a niche in my area so I can charge whatever)
@davidwooten3430
@davidwooten3430 5 ай бұрын
In any business you should always try to avoid debt. If your in a structure you do business from that is an asset that is may be worth paying interest on. If you can build capital to buy the other items as you go it will keep the cash you make working for you. If you give it to a bank in interest you lose spending power and have to work that much harder to overcome the interest expense. All that to say get cash trucks and set up an account for equipment expenses as you go so mowers can be cash purchases as equipment wears out
@Gruerradetitaneslopez13
@Gruerradetitaneslopez13 Жыл бұрын
I own 5 weed control company’s in the up state South Carolina we also service Augusta Georgia seen Augusta lawn care truck in Augusta Georgia I would like buy in to a franchise weed control side if you ever decide to add it I would like to expand into Wilmington North Carolina
@MikeAndes
@MikeAndes Жыл бұрын
Hit up Lee at AugustaLawnCareServices.com/franchise 👍🏻💛
@Gruerradetitaneslopez13
@Gruerradetitaneslopez13 Жыл бұрын
@@MikeAndes will do thanks
@jdwar11
@jdwar11 9 ай бұрын
I got into a $24 surge zone and never got another offer for over 3 hours and I had to go offline and come back online ending the surge and I had an offer within 10 seconds of going back online. I left Uber running and worked Lyft rides with an $8 bonus per ride during one hour and a $6 bonus per ride for another hour
@nolifemowlifelawnmaintenan4347
@nolifemowlifelawnmaintenan4347 11 ай бұрын
Mike is very smart!
@suuuuuuupreme
@suuuuuuupreme Жыл бұрын
Lying to mike is like lying to your doctor!
@MikeAndes
@MikeAndes Жыл бұрын
😂😂 👨‍⚕️
@bobc8694
@bobc8694 9 ай бұрын
Sorry to say but in my line of work the hardest part of growth is finding good reliable employees... and that's the toughest thing to do and find to hold you back in growth..
@intelligentinsights8991
@intelligentinsights8991 Жыл бұрын
Hey can I do mulch jobs without having a pesticide applicators license? Apparently it takes 2 years experience to get it
@pepsilove6306
@pepsilove6306 Жыл бұрын
might depend on the state, but in my state mulch dont require any licenses. you dont even need a applicator license to do pellet or grain ferts, its once you start spraying that you need it. but again thats in my state
@samueljimenez6289
@samueljimenez6289 Жыл бұрын
Wow your were at Shreveport !! Have you visited Y’all’s Agusta franchise of Longview ?
@Pure_KodiakWILD_Power
@Pure_KodiakWILD_Power Жыл бұрын
Hopefully they don't rebrand..... oh, I take it they're not a franchisee....Ox is a good company name 💪🏽
@Carpediem22568
@Carpediem22568 Жыл бұрын
Sir , I am moving to Canada Vancouver in January intake as an international student from INDIA , And I know trimming , mowing good . Can I start a job with a lawn care company. And also please tell me that should I continue with lawn care or should I also learn landscaping.
@YoolSea
@YoolSea Жыл бұрын
Mike, do you have any free info about starting a lawn business in another state, before you actually relocate? I couldnt find this discussed on any of your channels
@USDOTATF
@USDOTATF Жыл бұрын
You ask this guy a simple question and he always gives a whole rigmarole. What’s the color of the sky? All well the way the sun is bouncing off the light and the cloud…. …. ….. blue ish hue.
@cleancutslawncare
@cleancutslawncare Жыл бұрын
Who answers like that?? The gilly guy?
@chriswhite9363
@chriswhite9363 Жыл бұрын
Alright Mike I won't get a brand new truck I'm going used all the way ❤👍
@rjchiedog
@rjchiedog 10 ай бұрын
not far before the 200 thousand dollar f150
@eduardtkachuk4347
@eduardtkachuk4347 Жыл бұрын
Why w-2 instead of 1099?
@MikeAndes
@MikeAndes Жыл бұрын
Most employees in the home service industries are required to be W-2 and pay taxes/withholding from employee. If you tell them when to work, provide tools and equipment, etc they are W-2 employees likely. Failing to do so can lead to back taxes and penalties... and the employer is responsible.
@michaelCarydakis
@michaelCarydakis Жыл бұрын
this is most labor type business issues i believe working for yourself marketing new leads is needed for sure without new leads its will stall and attrition begins slowly buy a franchise like augusta let them do the leads and marketing its less dollars to they do the work
@cleancutslawncare
@cleancutslawncare Жыл бұрын
Augusta don’t pay the franchise’s advertising fees. One of the franchise’s was talking about it.
@oscarreyes9133
@oscarreyes9133 Жыл бұрын
@@cleancutslawncareyeah you as a franchisee have to pay for the leads
@cleancutslawncare
@cleancutslawncare Жыл бұрын
@@oscarreyes9133 exactly
@Homechoiceplumbingservice
@Homechoiceplumbingservice 11 ай бұрын
Yay!
@jrob4204
@jrob4204 Жыл бұрын
I’m in lawn care get paid 10-99 for the last year. What you mean it’s all good and what not till you get caught. Should I be telling my boss i need something else
@thewhiteknight02
@thewhiteknight02 Жыл бұрын
The boss isn’t paying his share of taxes for you. Your are in one lump some. And no workman’s comp if you get hurt.
@jrob4204
@jrob4204 Жыл бұрын
@@thewhiteknight02 appreciate you taking the time to explain.
@lows6427
@lows6427 Жыл бұрын
@@jrob4204Your boss is doing it the cheapest way possible on his end where everything is in his favor not his employee. Now lots of new businesses start that way in the beginning to get things started but after there established they should change.
@pepsilove6306
@pepsilove6306 Жыл бұрын
@@jrob4204 plus depending on how shady your boss is, if you shoot out a clients baywindow on accident with the edger or mower, he can claim you're a subcontractor cause your 1099 and pin the cost to fix it on you instead of using his own liability insurance. I seen that happen to a young guy in my area and lord have mercy did it cause alot of stink on all the local social media group pages.
@CarlosMartinez-fr4it
@CarlosMartinez-fr4it Жыл бұрын
2002 4x2 f150 . Thing is indestructible, repairs are cheap, only cost me 4k.
@isaacartavia6278
@isaacartavia6278 Жыл бұрын
Hey Mike, how much would it cost for you to come and take a look at my business?
@MikeAndes
@MikeAndes Жыл бұрын
We are currently taking applications, go to mikeandes.com/turnaround to apply. It is free of charge if accepted 👍🏼
@isaacartavia6278
@isaacartavia6278 Жыл бұрын
@@MikeAndes thanks
@TT-ik3kd
@TT-ik3kd Жыл бұрын
Nothing wrong with new trucks if you can afford them. Problem is they use the $ they could use to grow to buy vehicles. Notice mikes branding vs his Augusta spends more on branding they spend more on new equipment, no brainer who will get more work.
@Sembrandolasemilla777
@Sembrandolasemilla777 Жыл бұрын
This was my 2nd year full time, had a business partner, this 2023 my main goal was to grow and we made it to having 7 guys, 2 crews which prevented me from being on the field, he’s a really hard worker and completed the work efficiently as I took care of the Estimating, accounting etc. so he started feeling that I was just sitting around at home doing nothing as they were working, as I was out doing estimates daily and sometimes got home later then them to keep them busy with work only to come work at home as well figuring landscaping project materials needed etc. so now I just kept two guys but with no leadership, they won’t pick up a shovel if I don’t tell them to, I feel obligated to be out I’m the field with them and have NO PROBLEM with that at all but this coming year I have the same goal in mind- TO GROW, not only in size but profitability. I’ve been thinking of hiring an office person to take care of the accounting and customer service and take some weight off my shoulders and just be out on the field with the guys. Any advice would be appreciated.
@John24Z
@John24Z Жыл бұрын
Señor Mike, Opening up LLC this month, getting rid of truck to free up cash flow, and looking to set up website through your web design. Is there a range of google reviews that you’d recommend having before getting started? Looking to rank well through google, as that’s where I believe most leads are possible for my area.
@cc-tb3st
@cc-tb3st 8 ай бұрын
Everybody thinks a mission statement is just a bunch of fancy words on paper your fancier and more caring emission statement but better than the company is. The reality is emissions statement needs to be verifiable it needs to measurable. It doesn't matter how fancy or caring freely words are just do you actually appeals in emissions statement and what are you doing to affect the business in order to achieve the mission statement
@captainslogstarshipenterpr9122
@captainslogstarshipenterpr9122 Жыл бұрын
I can count on one hand the number of contracts we lost in past 2 years. They must be doing something wrong if they can't look after existing customers?
@nick-yk8jn
@nick-yk8jn Жыл бұрын
Hey mike, for most of your locations why dont you get 36in standon mowers with bagging units? Instead of having the slow 30in mowers which makes your team members more tired at the end of the day?
@MikeAndes
@MikeAndes Жыл бұрын
Most locations do have zero turns. 5 out of my 7 locations do
@DavidMartinie
@DavidMartinie Жыл бұрын
New trucks are nice. But a bit of wisdom for yourself. The new stuff is built to brake, and forces the customer into another purchase or costly repairs. The electronics, the fail much sooner now. Sensors are not made as well. You are better off finding decent older trucks, with less fancy electronics, and rebuilding them to new. If you shop the right places like Amazon and other cheap places, you can totally rebuild a 1991-1999 at a reasonable price and stand less chance of failures down the road. Next, consider military grade trucks with much beefier components. I'm sorry, but today's automobile is built to brake, so the customer has to make another purchase, or pay a hefty price for repairs. I've seen New 2022 and 2023 trucks with leaks, and all kinds of issues do to supply issues, bad assembly at factories do to sabotage by employees who hate certain automobiles, and disgruntled employees who sabotage vehicles do to low pay, demanded overtime, and even having to work. It's your choice, but new automobiles, no matter the brand, Ford, Chevy, dodge ect. It's a chance you take buying anything new in this world of hire anyone who will work for a cheap hourly price. Not to mention the fact of shortages of laborers. Just my wisdom passed to you. Just go to a dealer and see the new vehicles coming in for repairs will shock you.
@markcornish6393
@markcornish6393 Жыл бұрын
I will never understand why people spend so much money on giant brand new F-250 and F-350's when a smaller truck can easily tow what they need to tow. So much money wasted, why? Ego? To look cooler?
@pepsilove6306
@pepsilove6306 Жыл бұрын
I know in my area alot of lawncare fellas that end up failing fall into the giant new truck trap because they think they gonna plow snow and need to pull a dump bed trailer loaded with pea gravel and mulch all the time, and then find out, our area broke as a joke n the only reason anyone for the next 5 towns over mows is cause the city will fine em if they dont, and then find out business model was unsurvivable due to the client base and we havnt had a snow event in the last 5 years that even warrent putting the plow on the truck that winter.
@juanschultz550
@juanschultz550 Жыл бұрын
Nice vidor
@demuntresmith6666
@demuntresmith6666 Жыл бұрын
Could have got two 2023 chevy 2500 gas work truck for 100000 dollars are less.
@thewhiteknight02
@thewhiteknight02 Жыл бұрын
That’s what we run. 2500s for pick ups. 3500s for dumps. Gassers.
@supersurgelawncare
@supersurgelawncare Жыл бұрын
Sell both trucks get Two not so nice paid off trucks that frees 2500$ a month
@WisconsinDIYGuy
@WisconsinDIYGuy Жыл бұрын
I don't hire companies that pull up in overly expensive decked out trucks. I've seen some over the top landscaping trucks with lift kits, suspension s, huge tires, etc. I have no need to be paying their monthly truck payment. Pro outfits show up vehicles suited for the task and no more.
@amandar4980
@amandar4980 Жыл бұрын
Mike is the Dave Ramsey 2.0 business side. 😂😂😂
@twinciti2962
@twinciti2962 11 ай бұрын
Sure the trucks look nice, but at what cost
@allaroundjunkremovalllc2336
@allaroundjunkremovalllc2336 10 ай бұрын
Leads are very expensive
@dustinn1853
@dustinn1853 11 ай бұрын
From a man to men, I've been in this guy's shoes. You don't know how to stop growing and that's where those brothers are struggling. The mindsets there, the work ethic is there, for the most part the business model is there other than controlling capital in profitability, but these guys don't know when to stop growing for a bit. I hope they figured this part out to just streamline, because I know what it's like.
@EdgewaterProWash
@EdgewaterProWash Жыл бұрын
Hey Mike, any updates coming up with home service webdeisgn? They just did a website for me, and its awesome but any time I need an update it takes multiple days for them to even response. Ive been waiting 7 days since my last email was sent to them . Is there anything you can do? Im not trying to be difficult. I just feel like they need to atleast acknowledge me.
@MikeAndes
@MikeAndes Жыл бұрын
Looks like they responded this morning ✅ Changes get done asap and some include higher degrees of time based on requested changes
@johnathanb742
@johnathanb742 Жыл бұрын
You said you didnt turn a profit for 4 years or take any money out of the business when you started. Sorry for the dumb question, but does that mean you didn't pay yourself? Trying to figure this out to see if this would be right for me but want to make sure I would make enough out of the business to at least cover my families monthly expenses. Thank you
@LM2.S54
@LM2.S54 Жыл бұрын
your wage should never come from profit that is just what the business keeps at the end of the year after everything is paid. your wage needs to be included in your overhead/expenses. most new businesses don't profit for a while until you've built it up enough.
@dheadhunter413
@dheadhunter413 10 ай бұрын
How do you raise your prices to make extra profit when your extra profit goes directly to economic inflation? I see business owners raising their prices bc of economic inflation all the time but rarely is that table turned
@dennisoestermann1880
@dennisoestermann1880 6 ай бұрын
You can choose 2 things, Cheap, Quick, Quality. You can't have all 3...
@gti189
@gti189 Жыл бұрын
Why hadn’t you asked him how much he had in the bank if you knew money was an issue with the business?
@MikeAndes
@MikeAndes Жыл бұрын
We tried a few times in a round about way. We could tell it wasn’t a topic he wanted to openly discuss. I’ll get better the more turnarounds we do
@stevethomas5209
@stevethomas5209 Жыл бұрын
​@MikeAndes Personally I wouldn't help any business like you do unless I had the truth about whats in the bank. How can you begin helping a stressed business if you dont know where they stand?
@Tropicalfrooploops
@Tropicalfrooploops Жыл бұрын
Pest control guy checking in. I think he could turn his leads around right quick, if he had at least one of his guys canvassing, and making sales He’s already got a super strong brand, he could just go knock “four doors” around his existing clients
@pepsilove6306
@pepsilove6306 Жыл бұрын
pain point pushing too, early may is when our city starts handing out ordnance violation fines for unmowed grass. I send one of my dudes out to go knock on every door with a green tag, and we pick up a huge number of yard recoveries that way. and id say around 40% of those turn into entire season clients. next season another 20% of the ones who said no to full season mowing, usually call us cause their yard is a mess again and ask us if we got room for em to bring em on to our route. plus it landed us with a cushy contract to mow ordnance violation yards for the city.
@Tropicalfrooploops
@Tropicalfrooploops Жыл бұрын
@@pepsilove6306 Love it. It’s a real entrepreneur mindset. I think familiarity helps too, if people see you in their neighborhood on different occasions, they are more likely to hire
@Mike-xn9ho
@Mike-xn9ho 4 ай бұрын
Buying brand new trucks when you cant afford it is crazy. Whats wrong with getting a 10 year old truck to get beat up on the job?
@RaceMentally
@RaceMentally 8 ай бұрын
Do they need an investor? I’m right here
@tmantrayplaysandsports23
@tmantrayplaysandsports23 Жыл бұрын
Lawn care tips im a teen
@lows6427
@lows6427 Жыл бұрын
Your on youtube, every tip you could ever need is here. Just watch lots of videos, asking in comments isn’t going to get you anywhere
@pampsuisselosangeles7145
@pampsuisselosangeles7145 Жыл бұрын
Inflation is taking a bigger bite than previous years??? yes/no
@jongonegone1262
@jongonegone1262 Жыл бұрын
yes your part of the total reset !!!!! keep spending, spend it all. its gonna be huuuuuge.
@robertbader2915
@robertbader2915 5 ай бұрын
Those Trucks were a big mistake. Should have worst case taken loan and bought used ones. Buy the trucks once you've made the money. I'm selling firewood next year and building stock right now. I want a nice new truck, but I have a 13 year old that can still use to make dump trailer full cord deliveries. Goal is to sell $60k in firewood for the truck in the first two years. Log splitter and chainsaw already funded by me.
@Rod-bp8ow
@Rod-bp8ow Жыл бұрын
Unaccounted assets supplies, inventories report, as well as franchisees. Ptd, Trademarks, Copyrights, LLCs, Registrations are owned by its respective owners and has rights to inspect validity of reports, video content to be at par with businesses standards. ****IMPORTANT*****∆
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