I own 2 laundromats in low income areas. I work about 25 hours a week and gross about 240K a year. whilst working with an advisor like Julianne Iwersen Niemann. I used to work in Sears repairs,, so I saved money by fixing my own machines. Believe it or not, the soap detergent vending machines bring in a good amount as well. Trust me starting and maintaining a profitable business starts with properly managing your finance.
thanks for talking about your situation. Definitely helps a young and desperate poor guy like me to stay encouraged in striving to achieve my first ever owned business ... 240 gr. < - electric, water, mechanical, supplies, janitorial, city taxes, county taxes, insurance, business license heat, cooling costs & misc.. = ? . these taxes really want to make me work with a CFA. so that i can know how to joggle my way through. how do i reach her
Thank you for sharing, I must say, Julianne appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
I truly appreciate the excellent work UpFlip does to enlighten us about various job opportunities and invite different entrepreneurs to share their journeys. Thank you for all the ways you contribute. It’s my favorite TH-cam educational channel, especially as a first-generation entrepreneur learning from the best. UpFlip’s content is incredibly inspiring and informative. The interviews with successful entrepreneurs provide valuable insights and practical advice that have been instrumental in my journey. The diversity of topics ensures there’s always something new to learn, whether it’s about starting a business, scaling operations, or overcoming challenges. Thank you, UpFlip, for being a beacon of knowledge and inspiration. Your dedication to educating and empowering aspiring entrepreneurs is truly commendable.
He makes $480k a month? No, his revenue is $480k, we have no idea what’s his NET profit. More than likely 10%. So, like $580k for the entire year before taxes and $380k after tax. Probably $32k a month clean for the business. That’s more accurate
Lawn care business. Is a business that you build to sell. That’s why he wants to franchise it because there’s no money and mowing lawns because your Joe with a pick up truck will do it for $20. The average poor person is fine with working a 14 hour day and only clearing 150 bucks for the day. So you have to sell the business to actually get any money so you rack up a bunch of customers and then that’s what the value is. It’s basically McDonald’s.
One van makes $2,250 revenue per day. He has 35 vans. $480k profit/month (not revenue) sounds about right to me. Revenue is much, much higher by my numbers.
The description says he does $5.8 million a year in revenue. Being in Ohio they are applying fertilizer and spraying weeds for around 9 months out of the year. Winter stops them from working in this field. 9 months working would be $644k a month gross. Which is $32k a day for 5 day work weeks. And divide that by 35 trucks he is doing $920 or so a day per truck/guy. His biggest overhead items are going to be labor, fuel, fertilizer and insurance. $920/day is a good gross amount for each guy in that area of the country and should leave them with a decent amount of profit. At $5.8million gross they are making a little over $1.2million in profit a year if you say is margin is 22%.
I quitted my job because I wanted to be able to call my own shots and be in control of my own destiny. So early this year I registered my business, hired a grant writer that matched me with grantors here in Massachusetts and they were able to secured $89k startup grant for my business. Every entrepreneur's journey is unique, so don't be afraid to chart your own path and make decisions that align with your vision and values.
This boss took out a loan on his home and built an empire whilst most Americans do it for extravagant vacations and useless big trucks. Kudos to this man 👏🏾🇺🇸🔥
This guy knows his numbers. Great manager by data. I’m guessing he has hired out marketing and other functions so he’s not stuffing envelopes at his kitchen table.
Super excited you think these ideas are a game changer! If you’re into this kind of stuff and want to see more, don’t forget to hit that subscribe button and ring the bell so you never miss out on the latest tips and tricks!
The best leads are the ones that call you when they need it. So, the key is to get your contact information to them at a point when they can see the need.
@@garypick Great Observation, 24 years in business now and have never cold called or door to door. We generate phone calls and web submissions through marketing!
That's so smart he uses aerial photography for quotes! I've worked at a company that used Google Earth for measurements which we would use to make simple 3D models of buildings/stadiums, then engineer them for cell service. Google Earth is fairly low detail though, I'm sure this company uses a much higher quality service, in fact they might have even hired the company my brother used to fly for! It's just a small aircraft with really expensive cameras. It's wild how many unique jobs are out there that we never hear about.
I'm curious if he's ever considered an incentive program for his employee's to help retain customers, like every time a customer returns, the employee gets an extra +1% of the sale, building up to 10% for the remainder of that customer's 'lifespan'. Doesn't sound like he needs it, but would be nice both for the employees and customers + testimonials.
We absolutely use incentive programs for quality and retention. We call it “TIP”, technician incentive program that pays for several quality key performance indicators.
@@blurryface9910 we incentive technicians based on a slate of quality metrics and technician level. Each tech can work their way up from a Certified Tech to Senior Tech to Master Tech. That progression not only increase their base compensation but also increases the quality metric bonus potential!
Where is the link to the offer to join the franchise, please? There was a nice discount mentioned in the video. Planning on starting in California Thanks
The more of these videos I see the insane I feel the US is. In the UK no one is ever paying more than £200/month for lawn care and that is in wealthy areas with dumb money. That is rarely the case here. More money often equates to more ego everywhere, expect in the UK that ego comes with understanding of value most of the time. You’d be lucky to get £100/month for repeat business. This is not possible. One man would be lucky to maybe make £6-5k/monthly and that is a far cry from $480k/month.
Folks, let this be a lesson that you CAN build a business WITH NO EQUIPMENT OR EXPERIENCE. MARKETING IS KEY. As long as people "believe" you can do what you say, that's often all that matters. There are many businesses that can beat out their competitors that have been around for decades just by having better ideas. There is more to it than what I just typed but that is a snippet.
@@UpFlip this is true. I can actually attest to this with firsthand knowledge or experience based on taking over a position at a company for a person who had left a few months earlier who unfortunately actually had the exact same name as mine so as the sales consultant, that got a bit confusing for clients trying to discuss sales or service for them. The company that I took over the position for had roughly 30 years or more in the industry and the person that I was replacing ended up starting his own company as a direct competitor with another person and to be honest, their small company that maybe had less than a year of experience together was a better company than my company that was probably 6 to 7 times the size as far as employees for our division than their two people. Sadly, in spite of the company that I work for having Decades of experience and a lot bigger footprint in the industry, the smaller company that had been around for less than a year was better able to handle the clients then we were. It was unfortunately disheartening knowing that I was up against a competitor that was better even though they were only about 10% of the size.
Fun fact: Lawns are a European Aristrocrat thing. There are much much better ground covers than lawn. Lawn itself is a terrible plant. It needs a ton of care and the fertilizer runoff is wrecking havoc in nature. But like everything, it's a business these days and you are a customer if you use it.
"Makes" such a click bait title. Nobody talks about Net Profit which is the only metric that matters at the end of the day. I could MAKE $5 million a year and have 4.9 million in expenses but nobody clicks on those videos.
Congrats guess what any normal person is going to say yeahhhh we had to spend this much and we technically only made this much but also any normal person is going to say damn I made this much money this year which sometimes is super astonishing for some stay positive! Do better!
So are these customers cutting their own lawn? My landscaper already does weed control with his regular maintenance. And what about the lawns in the backyard? We have fences here in California.
@@guruagency some landscapers offer the same service we perform, but most mow their lawn themselves but hire us to treat the lawn. Plus we subcontract for many landscapers who do the mowing but contract us to do the lawn treatments.
Great video. Great demo. Keep the name. "Geek squad"^ Ditch mail and double down for online. Save some trees. Your service will grow either way. Control the yard.
@@sharplinepainters3813 in northern United States we work about 9.5 months, our franchises running in South are working 12 months. North Winter Months we do maintenance to vehicles and equipment and a lot of sales!
@@zepar221 certainly not ideal, and in some cases we use the hand or belly spreaders but 80+% of time ride on equipment is used safely and efficiently!!
I probably missed something but the thumbnail says $400k per van. He has 35 vans and did $10M/last year which is $285k/van. That's still great just confused on where the $400k/van came from?
@@Syn410UpFlip chat a lot of shit in their content and sensationalise these businesses. I’m convinced you pay them to get on the channel and they utilise it as some sort of marketing option for the business in question.
Some vans doing more than 400k, while others doing 200+. Averaging around 300k per van. Fluctuation has more to do with average lawn size and pricing. All very healthy ROI!!
Basically if they're bringing in 5 million revenue a year , ask yourself if your able to capture 20%of the market and is it worth the risk to you... Do it
@@HermanGarrett-xd1nl a franchise territory is typically 100,000 SFDU, an average penetration rate of 2% will eventually get you 2,000 customers at an average customer value of $700-$1000 per customer depending on your market.
@@HermanGarrett-xd1nl you might be surprised! Born and Raised in Cleveland- I love it here, but Cleveland not known to be the wealthiest market, and yet we have 10,000 plus customer here!
All of these get rich videos are hilarious. I wish it was that easy but you leave out the 24/7 work, late nights and if you have a family, the toll it takes on them. Yes you can get rich BUT many times a large price will be paid first.
No doubt requires work ethic, but having a plan and working that plan requires discipline. I never missed any of my 3 kids events, coached high school basketball for 26 years and remained happily married to this day!❤
What part of get Rich quick did you get when the guy took a loan out on his house? It takes a toll on your family too when you can't pay your bills, and your family can't afford groceries or insurance. And your wife has to go get a job and she can't raise your kids. Guess you have to pick your hard
I did not hear any mention of licensing. Which is very important in the majority of our states. You MUST take the approved training courses from the state and obtain your applicators license. At any moment while working someone can come by and ask you for your applicators license and if you are unable to provide one you can be reported to the state and those are BIG fines if you are applying weed control/fertilizer/bug control without a license. A couple insurance companies also require all the applicators license no. from employees as well as the registered business license no. from the state before providing you with a policy
@@ospears6276 I never said he didn't. My comment was meant for the people who are looking into starting this type of business. It is very easy to go bankrupt before you even get going if you do not have the licensing from the state.
@@robertpalmer1934I was wondering what your state requires, I believe in Florida we have to work for somebody for 2 to 3 years to get the license and then they have to sign off on you
I would never pay 100% up front for work. These people don't even offer mowing services. And how much is all the startup and yearly fees? It easier and cheaper to go at it alone, without a franchise.
@@todtalk3912 believe me I asked that same question….. having said that I have done the math, and while I can speak to all franchise systems, my job is to make you successful and profitable. My pains in the last 24 years are your gains. Our process, systems, and national vendor contracts are designed to capture profit. I have no doubt you can learn the job, but time is money and we condense the learning curve and path to profit!
@@mkeuphoria in the north we keep most techs all year but some take an 8 week and collect unemployment. In transition zone and south, they pretty much work all year round.
This isn’t really relevant to the present- marketing and business cost/marlketing strategies have changed a lot since then ….nothing is constant and what worked then wont work now surely….business growth and supply demand has shifted hugely too.
@@christianstewart4449 It was 2001 as he said in the video. He tried telemarketing which failed, so now spends 50% of his budget on Direct Mail. I don't think he broke down exactly hwo the $50k was spent in 2001.
@christianstewart4449 He spent the 50k when he first started the business, not in 2021. He started 23 years ago. I believe he said Direct Marketing (postcards).
Lawn chemical application is a CUT THROAT business, with hundreds of competitors fighting to screw homeowners. For $100, and 40mins of time.. you can spread product on your own lawn, instead of paying these clowns thousands.
Bad debt is bad.. Good debt is good.. Imagine the bank gives you 20 grand and with that 20 grand you make 20 grand a year.. The key 🔑 is you can’t spend it on anything other than work..
Get insider secrets and blueprints to launch, build, and scale your business for $3/day: bit.ly/4djNBAm
This is a complete documentary/tutorial on how to build a business properly from the ground up and scale it to the moon! Thanks for sharing...
@@Sir.Black. Hard Work Pays Off!!!
Nice
Putting a lien on your house and spending that money on marketing takes a lot of faith and a lot of balls.
NO KIDDING. Pregnant wife at the time nonetheless! No risk.. No reward. Props to this man.
A bold move, indeed! 🔥
They should also do a series of people who did this and it didn't go well lol
@@Technie87 well you will never know if you don't try
Everybody and their hermano has a lawn business in Houston
I own 2 laundromats in low income areas. I work about 25 hours a week and gross about 240K a year. whilst working with an advisor like Julianne Iwersen Niemann. I used to work in Sears repairs,, so I saved money by fixing my own machines. Believe it or not, the soap detergent vending machines bring in a good amount as well. Trust me starting and maintaining a profitable business starts with properly managing your finance.
thanks for talking about your situation. Definitely helps a young and desperate poor guy like me to stay encouraged in striving to achieve my first ever owned business ... 240 gr. < - electric, water, mechanical, supplies, janitorial, city taxes, county taxes, insurance, business license heat, cooling costs & misc.. = ? . these taxes really want to make me work with a CFA. so that i can know how to joggle my way through. how do i reach her
Thank you for sharing, I must say, Julianne appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive.
Well it gives me more time to get ahead while they stew in their own pity and doubts as they childishly complain about those spreading the word
Crazy success. Congrats to him and thank you for sharing
@@SabineCedor Much Appreciated!!!
This man went ALL IN , Literally!!! wow. hats off to you and your family. This is inspiring.
Absolutely! Going all in takes incredible courage and commitment.
Be " genuine & authentic "-- thats the key word
I love this chanel all the way from Pakistan. I've learned a great deal from them. Thank you upflip for this stellar content.
I’m going to start a replace your lawn with clover and help save the bees business 🤫 lol … well done Robert. Inspirational
Respect man, I'm doing Lawncare to scale to 60 customers a week it's work put there, keep going!
Thank u, very inspiring - Honesty and Truth are the foundation of success.
Absolutely! Honesty and truth are like the ultimate power-ups for success!
You guys bring hope to me in every piece of content you put out there. I'm proud to smach that like button.
What a Great Channel 🙌🏼😊
I truly appreciate the excellent work UpFlip does to enlighten us about various job opportunities and invite different entrepreneurs to share their journeys. Thank you for all the ways you contribute. It’s my favorite TH-cam educational channel, especially as a first-generation entrepreneur learning from the best.
UpFlip’s content is incredibly inspiring and informative. The interviews with successful entrepreneurs provide valuable insights and practical advice that have been instrumental in my journey. The diversity of topics ensures there’s always something new to learn, whether it’s about starting a business, scaling operations, or overcoming challenges.
Thank you, UpFlip, for being a beacon of knowledge and inspiration. Your dedication to educating and empowering aspiring entrepreneurs is truly commendable.
He makes $480k a month? No, his revenue is $480k, we have no idea what’s his NET profit. More than likely 10%. So, like $580k for the entire year before taxes and $380k after tax. Probably $32k a month clean for the business. That’s more accurate
Lawn care business. Is a business that you build to sell. That’s why he wants to franchise it because there’s no money and mowing lawns because your Joe with a pick up truck will do it for $20. The average poor person is fine with working a 14 hour day and only clearing 150 bucks for the day. So you have to sell the business to actually get any money so you rack up a bunch of customers and then that’s what the value is. It’s basically McDonald’s.
He said his margins are 20-25%, so it's more like 100k+
Happy to report the value was correct when quoted at 480k per month.
One van makes $2,250 revenue per day. He has 35 vans. $480k profit/month (not revenue) sounds about right to me. Revenue is much, much higher by my numbers.
The description says he does $5.8 million a year in revenue. Being in Ohio they are applying fertilizer and spraying weeds for around 9 months out of the year. Winter stops them from working in this field. 9 months working would be $644k a month gross. Which is $32k a day for 5 day work weeks. And divide that by 35 trucks he is doing $920 or so a day per truck/guy. His biggest overhead items are going to be labor, fuel, fertilizer and insurance. $920/day is a good gross amount for each guy in that area of the country and should leave them with a decent amount of profit. At $5.8million gross they are making a little over $1.2million in profit a year if you say is margin is 22%.
I quitted my job because I wanted to be able to call my own shots and be in control of my own destiny. So early this year I registered my business, hired a grant writer that matched me with grantors here in Massachusetts and they were able to secured $89k startup grant for my business. Every entrepreneur's journey is unique, so don't be afraid to chart your own path and make decisions that align with your vision and values.
That's inspiring. I appreciate this!
I smell a can of spam.
@@rogermccaslin5963 HATER
Which grant writer do you work with?
And there it is.
This boss took out a loan on his home and built an empire whilst most Americans do it for extravagant vacations and useless big trucks. Kudos to this man 👏🏾🇺🇸🔥
Huge respect for his dedication and vision! 💪
Awesome video on building a business. And I didn't skip a second!
Definitely a Labor of Love…. Much appreciated!!!
Love this channel! Your questions always lead to great insights. I plan on being interviewed by you in the next two years. =)
Great to hear! We look forward to it ;)
Good stuff, big up from Kenya.
This guy learned the business first. Then he started it. That is why he was successful
Starting a business with a solid understanding of the industry definitely sets you up for success. Thanks for highlighting this key insight! 👊
Great video. Definitely a cap-intensive business model
Believe in yourself, don't afraid to try something new". That is great
This guy knows his numbers. Great manager by data. I’m guessing he has hired out marketing and other functions so he’s not stuffing envelopes at his kitchen table.
Great video!
This guy is a genius with his view on marketing and discounts for pre-pay. Absolute game changer.
Super excited you think these ideas are a game changer! If you’re into this kind of stuff and want to see more, don’t forget to hit that subscribe button and ring the bell so you never miss out on the latest tips and tricks!
This is amazing!!!
How much do the employees make?
The best indicator of a good business is if the employees are thriving or just getting by.
That’s a great point! Employee well-being is a key indicator of a successful business. 🙏
great video!
Now you can use google satellite images to estimate jobs. Like a zamboni for lawn.
That’s a great point! Tech makes it easier.
The best leads are the ones that call you when they need it. So, the key is to get your contact information to them at a point when they can see the need.
Great insight! 🙌
@@garypick Great Observation, 24 years in business now and have never cold called or door to door. We generate phone calls and web submissions through marketing!
Amazing stuff
Thanks so much! Glad you enjoyed it! 🙌
That's so smart he uses aerial photography for quotes!
I've worked at a company that used Google Earth for measurements which we would use to make simple 3D models of buildings/stadiums, then engineer them for cell service. Google Earth is fairly low detail though, I'm sure this company uses a much higher quality service, in fact they might have even hired the company my brother used to fly for! It's just a small aircraft with really expensive cameras.
It's wild how many unique jobs are out there that we never hear about.
I'm curious if he's ever considered an incentive program for his employee's to help retain customers, like every time a customer returns, the employee gets an extra +1% of the sale, building up to 10% for the remainder of that customer's 'lifespan'.
Doesn't sound like he needs it, but would be nice both for the employees and customers + testimonials.
We absolutely use incentive programs for quality and retention. We call it “TIP”, technician incentive program that pays for several quality key performance indicators.
@@blurryface9910 we incentive technicians based on a slate of quality metrics and technician level. Each tech can work their way up from a Certified Tech to Senior Tech to Master Tech. That progression not only increase their base compensation but also increases the quality metric bonus potential!
Where is the link to the offer to join the franchise, please? There was a nice discount mentioned in the video.
Planning on starting in California
Thanks
Here’s the link! 👉 bit.ly/4dB0rtQ
ACHQ seems great!
Come interview a pool company here in Lake Norman, North Carolina. There’s multiple companies here who service year round.
The more of these videos I see the insane I feel the US is. In the UK no one is ever paying more than £200/month for lawn care and that is in wealthy areas with dumb money. That is rarely the case here. More money often equates to more ego everywhere, expect in the UK that ego comes with understanding of value most of the time.
You’d be lucky to get £100/month for repeat business. This is not possible. One man would be lucky to maybe make £6-5k/monthly and that is a far cry from $480k/month.
As always, UpFlip regulates the world 🌎.
Love, respect and hugs from Moscow, Russia.
Thank you so much for the love and support all the way from Moscow!
Folks, let this be a lesson that you CAN build a business WITH NO EQUIPMENT OR EXPERIENCE. MARKETING IS KEY. As long as people "believe" you can do what you say, that's often all that matters. There are many businesses that can beat out their competitors that have been around for decades just by having better ideas. There is more to it than what I just typed but that is a snippet.
Marketing and belief in your service can take you far, sometimes even further than decades of experience or equipment.
@@UpFlip this is true. I can actually attest to this with firsthand knowledge or experience based on taking over a position at a company for a person who had left a few months earlier who unfortunately actually had the exact same name as mine so as the sales consultant, that got a bit confusing for clients trying to discuss sales or service for them. The company that I took over the position for had roughly 30 years or more in the industry and the person that I was replacing ended up starting his own company as a direct competitor with another person and to be honest, their small company that maybe had less than a year of experience together was a better company than my company that was probably 6 to 7 times the size as far as employees for our division than their two people. Sadly, in spite of the company that I work for having Decades of experience and a lot bigger footprint in the industry, the smaller company that had been around for less than a year was better able to handle the clients then we were. It was unfortunately disheartening knowing that I was up against a competitor that was better even though they were only about 10% of the size.
Fun fact: Lawns are a European Aristrocrat thing. There are much much better ground covers than lawn. Lawn itself is a terrible plant. It needs a ton of care and the fertilizer runoff is wrecking havoc in nature. But like everything, it's a business these days and you are a customer if you use it.
so what are some better ground covers?
Interesting point! Thanks for sharing.
@ascoYTconcrete 😅
@@GGTanguerathat's great for the lazy not for those who love nature
Not interested. I love a beautiful lawn.
What are those fixed trailers with turning wheels on the vans called? Very cool
What is the brand of those ramps in the back of the vans?
SHOUT OUT Ohio!!!!! Solon Ohio here. Awesome stuff.
Ohio based company and I love at 30:17 the forklift driver with a University of Michigan mug! Obviously, he's a smart guy!
@@jacobalexander4961 we love him anyways 😂
"Makes" such a click bait title. Nobody talks about Net Profit which is the only metric that matters at the end of the day. I could MAKE $5 million a year and have 4.9 million in expenses but nobody clicks on those videos.
Happy to talk Net Profit anytime- legit double digit!
Exactly
@@joshowens2219 I agree, lots of click bates ad’s all over internet. 20+% Net Profit Margin on 10.2 Million in Revenue.
Congrats guess what any normal person is going to say yeahhhh we had to spend this much and we technically only made this much but also any normal person is going to say damn I made this much money this year which sometimes is super astonishing for some stay positive! Do better!
What does he do in the Winter?
Probably nothing this stuff is seasonal unless he’s doing snow plowing he’s probably just chilling
So are these customers cutting their own lawn? My landscaper already does weed control with his regular maintenance. And what about the lawns in the backyard? We have fences here in California.
@@guruagency some landscapers offer the same service we perform, but most mow their lawn themselves but hire us to treat the lawn. Plus we subcontract for many landscapers who do the mowing but contract us to do the lawn treatments.
Great video. Great demo.
Keep the name. "Geek squad"^
Ditch mail and double down for online.
Save some trees.
Your service will grow either way.
Control the yard.
Glad you enjoyed the video and demo! Thanks for your input! 🌿
What happens during downtime in the winter?
@@sharplinepainters3813 in northern United States we work about 9.5 months, our franchises running in South are working 12 months. North Winter Months we do maintenance to vehicles and equipment and a lot of sales!
What liquid fertilizers do you use???
@@Taxpayeroftherepublic we use primarily granular fertilizer, feel like it provides a more consistent release and performance!
Nice flat tiny little yard. Show that machine driving on inclines steeper than 45 degrees with wet grass.
Thanks for your suggestion! It would be interesting to see how the machine handles those steeper inclines.
@@zepar221 certainly not ideal, and in some cases we use the hand or belly spreaders but 80+% of time ride on equipment is used safely and efficiently!!
This is a service that works in that part of the US. Like some part of the US. You got to sell TACOS, to make it work
For sure! Thanks for watching! ☺️
How much do they charge per lawn and how in 15 minutes without weed eating the edges?
We make them healthy, green and weed free, no mowing
@@UseYourManners123 fertilization/ weed &insect applications- no mowing!
I probably missed something but the thumbnail says $400k per van. He has 35 vans and did $10M/last year which is $285k/van. That's still great just confused on where the $400k/van came from?
The thumbnail says 165k/van, the title says 480k/month...
@@DoubleKlutch99 Yes it's updated now, at first it said $400k
@@Syn410UpFlip chat a lot of shit in their content and sensationalise these businesses.
I’m convinced you pay them to get on the channel and they utilise it as some sort of marketing option for the business in question.
Some vans doing more than 400k, while others doing 200+. Averaging around 300k per van. Fluctuation has more to do with average lawn size and pricing. All very healthy ROI!!
@@Syn410 I don’t understand how people pay this much for lawn care in the US. You could never run a business like this in the UK 😂
Nice. They are located about 1 mile from me
That’s awesome! Having them so close by must be super convenient. 🙌
Basically if they're bringing in 5 million revenue a year , ask yourself if your able to capture 20%of the market and is it worth the risk to you... Do it
It's not that your product is poor but your marketing g just suck..talk and reach out to more people, word of mouth and prepay will go a long way
Obviously, you need a wealthy high density of customers, a city.
It would never happen anywhere which isn’t highly concentrated with dumb money.
@@HermanGarrett-xd1nl a franchise territory is typically 100,000 SFDU, an average penetration rate of 2% will eventually get you 2,000 customers at an average customer value of $700-$1000 per customer depending on your market.
@@HermanGarrett-xd1nl you might be surprised! Born and Raised in Cleveland- I love it here, but Cleveland not known to be the wealthiest market, and yet we have 10,000 plus customer here!
All of these get rich videos are hilarious. I wish it was that easy but you leave out the 24/7 work, late nights and if you have a family, the toll it takes on them.
Yes you can get rich BUT many times a large price will be paid first.
No doubt requires work ethic, but having a plan and working that plan requires discipline. I never missed any of my 3 kids events, coached high school basketball for 26 years and remained happily married to this day!❤
What part of get Rich quick did you get when the guy took a loan out on his house? It takes a toll on your family too when you can't pay your bills, and your family can't afford groceries or insurance. And your wife has to go get a job and she can't raise your kids. Guess you have to pick your hard
I did not hear any mention of licensing. Which is very important in the majority of our states. You MUST take the approved training courses from the state and obtain your applicators license. At any moment while working someone can come by and ask you for your applicators license and if you are unable to provide one you can be reported to the state and those are BIG fines if you are applying weed control/fertilizer/bug control without a license.
A couple insurance companies also require all the applicators license no. from employees as well as the registered business license no. from the state before providing you with a policy
He knows that.
@@ospears6276 I never said he didn't. My comment was meant for the people who are looking into starting this type of business. It is very easy to go bankrupt before you even get going if you do not have the licensing from the state.
The licensing is not that hard for lawns.
Great point for sure. Every State has some form of licensing requirement and that’s a good thing.
@@robertpalmer1934I was wondering what your state requires, I believe in Florida we have to work for somebody for 2 to 3 years to get the license and then they have to sign off on you
I would never pay 100% up front for work.
These people don't even offer mowing services.
And how much is all the startup and yearly fees?
It easier and cheaper to go at it alone, without a franchise.
Most ppl prepay for monthly services cell, insurance, cable, netflix
@@JuanGelogo That is different.
You can say that you won’t pay up upfront. But then very few people will fit you into the schedule when the time comes. lol.
@@Rockyspropertycare Most legit contractors don't charge 100% up front.
@@JuanGelogo That is not even close to the same thing.
Why would I franchise when I can just replicate in my area?
Good question! For anyone looking for more clarity, check out the explanation at 30:49. It breaks things down really well! ☺️
@@todtalk3912 believe me I asked that same question….. having said that I have done the math, and while I can speak to all franchise systems, my job is to make you successful and profitable. My pains in the last 24 years are your gains. Our process, systems, and national vendor contracts are designed to capture profit. I have no doubt you can learn the job, but time is money and we condense the learning curve and path to profit!
these guys do not cut grass?
ahh yes, the companies we have no now regulate in Florida due to them being THAT BAD for ecology and water supplies
What do they do in the winter? Seems very seasonal. I'm curious about what his employment contracts look like.
Sit back and count all the money you made the rest of the year?
@@himura357Yeah but what do his employees do? Do they still pay them the normal salary?
It's not seasonal, certian chemicals go down in winter. It is definitely year round in Ga
@@mkeuphoria in the north we keep most techs all year but some take an 8 week and collect unemployment. In transition zone and south, they pretty much work all year round.
@@robertpalmer1934 Thanks for taking the time to reply Robert! Hope the business is going well. 👍
This isn’t really relevant to the present- marketing and business cost/marlketing strategies have changed a lot since then ….nothing is constant and what worked then wont work now surely….business growth and supply demand has shifted hugely too.
@@fernanddurler4709 new sales in 2024 exceeded 4.5 million dollars. Marketing is always evolving!
I just made my first billion off of my business I learned from up flip
Each spreader cost $16k.
@@christiansantos7164 on average these units last 10 years and produce rough 3.5 million in revenue in that lifespan! Worth it!!!!!
man youre just hanging out in Ohio all of a sudden
This is an evergreen business.
Absolutely! A business like this has long-term potential and never goes out of style.
lawns are total waste having a garden at home will save you on thousands plus give you business
I'm curios to know how he spent 50k in marketing in 2001
That’s a fascinating question! Marketing strategies have evolved a lot since 2001. 💪
Mail, TV, radio, and yellow pages
I don’t think he spent the 50k in 2001 but in 2021.. im sure it was direct mail and, Search and Social media id imagine
@@christianstewart4449 It was 2001 as he said in the video. He tried telemarketing which failed, so now spends 50% of his budget on Direct Mail. I don't think he broke down exactly hwo the $50k was spent in 2001.
@christianstewart4449 He spent the 50k when he first started the business, not in 2021. He started 23 years ago. I believe he said Direct Marketing (postcards).
I wonder how much they will have to pay for all the cancer they caused in the long term with their beloved glyphosate.
@@trafton00 we do not use Glyphosate
Pretty inspiring story, it's just unfortunate that it's about lawns which are pretty ecologically destructive.
And I’m a kid😅
Lol kill the water ways who cares my lawn looks great
Corporate? HARD pass.
Communal businesses & co-ops is where it's at. Money for money's sake is becoming the death of 🇺🇸.
Put your mom’s house up for a commune. Or donate it to a co op.
Lawn chemical application is a CUT THROAT business, with hundreds of competitors fighting to screw homeowners. For $100, and 40mins of time.. you can spread product on your own lawn, instead of paying these clowns thousands.
Doing it yourself can save a lot of money if you're willing to put in the time.
Can i be your 36th employee? Disclaimer "but I am from Africa!"
Talent and dedication knows no boundaries! 😉
Boutique hotel business luxury please love from India
Its on our list ;)
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debt is bad. period.
For you, yes. For him, success. Period.
Managing it wisely and making informed decisions are key to leveraging it effectively without facing unnecessary financial strain. 😉
Bad debt is bad.. Good debt is good.. Imagine the bank gives you 20 grand and with that 20 grand you make 20 grand a year.. The key 🔑 is you can’t spend it on anything other than work..
$320/hr gross without a license or $1920/day gross/day x 35 vans x 5 days/wk $336k x 4 wk/mon. x6mon Ohio $8.1 mil/yr gross -2.7mil labor -
Putting a lien on your house and spending that money on marketing takes a lot of faith and a lot of balls.