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

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Mike Andes

Mike Andes

Күн бұрын

Пікірлер
@MrSustainable
@MrSustainable 2 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
@erichkolb4378 2 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.
@KroopinsPoopinScoopin
@KroopinsPoopinScoopin 2 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.
@vendingservices8900
@vendingservices8900 2 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
@TSEVENGM
@TSEVENGM 4 ай бұрын
Mike HANDS DOWN YOU ARE THE BEST!!! Your content really hit on a lot of great points.. keep up the amazing work. Your leadership in the industry is respected and needed.
@markrandall2997
@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!!!
@joezupko
@joezupko 12 күн бұрын
Pretty accurate numbers and I’m in a different industry (manufacturing/dtc) $350k/yr in revenue is pretty solid baseline for covering warehouse rent, utilities, COGs, and living expenses with some part time outsourcing and services thrown in there
@Epicgarbagecollector
@Epicgarbagecollector 2 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.
@f250ben
@f250ben 8 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!!!!
@dirtyjobs3995
@dirtyjobs3995 2 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!
@gamemakerdude
@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.
@vovkam
@vovkam 2 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.
@javiers1018
@javiers1018 2 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!
@salinepools
@salinepools Жыл бұрын
Thanks Mike! Great info!
@7FigureMovingAcademy
@7FigureMovingAcademy 2 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.
@scottmanie3989
@scottmanie3989 2 жыл бұрын
Awesome video, great info as always!
@caiomoura9637
@caiomoura9637 2 жыл бұрын
Awesome content ! Mike keep doing those kind of videos, they’re awesome
@dbypropertymaintenance1753
@dbypropertymaintenance1753 2 жыл бұрын
Wow, so insightful! Definitely going to watch this a few times
@nickbailey7429
@nickbailey7429 2 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.
@red_statestorms8784
@red_statestorms8784 11 ай бұрын
I watched this again and still have a lot to do to build a proper structure for my growing company.
@urbanrootslandscaping3874
@urbanrootslandscaping3874 2 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
@drjdup 2 жыл бұрын
How many field employees are you at nowadays!?
@dylanmoye4477
@dylanmoye4477 2 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
@drjdup 2 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?
@th3zealot
@th3zealot 2 жыл бұрын
This is very true "willing yourself into growth"
@CertifiedLandscape
@CertifiedLandscape 2 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
@jesseedwards5187 10 ай бұрын
I did this at one point. Not fun!
@farmlife232
@farmlife232 2 жыл бұрын
Great content! Really enjoying the podcasts. 👊
@markdickinson-pd4ip
@markdickinson-pd4ip 8 ай бұрын
Agree 100% Mike. Most businesses don’t like to invest in training people,they all fail!
@MilitaryLawnCutsLandscaping
@MilitaryLawnCutsLandscaping 2 жыл бұрын
This video is gold.
@AarontheGreat89
@AarontheGreat89 2 жыл бұрын
Thankyou for this video
@grassbackwards8253
@grassbackwards8253 2 жыл бұрын
Great content with lots of value! Thanks for your time and sharing this powerful secrete to grow!
@thediydentalchairguy7269
@thediydentalchairguy7269 2 жыл бұрын
Thank you, I needed to be reminded and really need to start creating systems in training.
@MilitaryLawnCutsLandscaping
@MilitaryLawnCutsLandscaping 2 жыл бұрын
Outstanding information. 👏👏👏
@sirspenslawncare7665
@sirspenslawncare7665 2 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
@MrMjlover2 2 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
@sirspenslawncare7665 2 жыл бұрын
@@MrMjlover2 ok thank you
@naberliz
@naberliz 2 жыл бұрын
My fav….. deeper stuff❤️
@nevillembarika2256
@nevillembarika2256 2 жыл бұрын
Now this is a great content. Thanks Mike.
@joelcabrera3763
@joelcabrera3763 2 жыл бұрын
Great content.🔥🔥
@lawninorderpropertymainten8897
@lawninorderpropertymainten8897 2 жыл бұрын
Great information
@WHANDER0609
@WHANDER0609 2 жыл бұрын
My favorite part, the helicopter manager lol
@ZlatnibushHr2015
@ZlatnibushHr2015 2 жыл бұрын
Great content
@Lilbit371
@Lilbit371 2 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.
@red_statestorms8784
@red_statestorms8784 2 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.
@BBlack328
@BBlack328 11 ай бұрын
What brand of shirts do you guys wear? They look awesome.
@CuLLaHBliND
@CuLLaHBliND 3 ай бұрын
Lets say you start from at home, when should you go and get the company registered? What kind of of difference with the registered make to the company in terms of accounts and whatever else is included?
@wilbertbuchanan9264
@wilbertbuchanan9264 2 жыл бұрын
Of topic question, where do you get your shirts from? I need some for my service business
@MikeAndes
@MikeAndes 2 жыл бұрын
We have a supplier that is a franchise owner at Augusta Nation
@wilbertbuchanan9264
@wilbertbuchanan9264 2 жыл бұрын
@@MikeAndes is there anyway I can get information on that? cause I would like some.
@thomashammon9997
@thomashammon9997 2 жыл бұрын
My bottleneck in life is my family😂🤣😂
@jesseedwards5187
@jesseedwards5187 10 ай бұрын
Hey Mike. Do all your employees stay busy during the winter?
@Barbosalandscaping
@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.
@jesseedwards5187
@jesseedwards5187 10 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!😊
@Grn-u2j
@Grn-u2j 2 жыл бұрын
I’m the first viewer and like
@shanerobert2032
@shanerobert2032 6 күн бұрын
I feel like just lived this. Treat this like gospel because it is. A company is made of people and systems and will only be as good as these things are.
@KroopinsPoopinScoopin
@KroopinsPoopinScoopin 2 жыл бұрын
Are you going to be a speaker at Brian Fullerton‘s event in November?
@MikeAndes
@MikeAndes 2 жыл бұрын
Yes
@KroopinsPoopinScoopin
@KroopinsPoopinScoopin 2 жыл бұрын
@@MikeAndes awesome! I live in Michigan and I’ve been the last two years. We are definitely excited to see you speak.
@mohibquadri4053
@mohibquadri4053 2 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..
@davidbehrens4858
@davidbehrens4858 Ай бұрын
You should have a crm from the start
@RogueSpear17
@RogueSpear17 2 жыл бұрын
Is it really worth growing to a million in revenue?, sounds like more headaches in the future.
@MikeAndes
@MikeAndes 2 жыл бұрын
Depends on one’s goals ✅
@getexposed9072
@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.
@Ajkendallmindsetmentor
@Ajkendallmindsetmentor 2 жыл бұрын
GOLD****
@E.L.C.
@E.L.C. 2 жыл бұрын
Do just a sloppy as job and be the mcdonalds of lawn care like this guy
@MikeAndes
@MikeAndes 2 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.
@E.L.C. 2 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.
@E.L.C. 2 жыл бұрын
But hey companies like yours keep me in buisness 😆
@tgnuma2
@tgnuma2 2 жыл бұрын
@@E.L.C. Someone sounds jealous.
@E.L.C.
@E.L.C. 2 жыл бұрын
@@pablo9364 ouchie lol 😆 😂
@jamesjohnston547
@jamesjohnston547 9 ай бұрын
Spillway
@thisoldrelic
@thisoldrelic 2 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
@MikeAndes 2 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 😀👍🏻
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