Starting (and Fastlaning) a lawn care service business

[Johnny boy]

Sending out a 1m/yr bid tonight

National memorial cemetery 100 acres

Listening to ‘Party in the USA’

LFG boys

 

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[freek]

Amazing thread. Really showed the importance of systems, thinking bigger and working on the business instead of in the business, thank you!

 

[jclean]

@Johnny boy Thanks for this thread ! In the meantime, are there any more gold nuggets you can share with us ?

 

[Bilgefisher]

Spent a bit to much time reading this thread, but was well worth it. Congrats on the hard thoughtful work to get to where you are today. I wish the best for the future.

 

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[Johnny boy]

View attachment 487ced61f8ce49da8e7a206ac33c8d74.mov

 

[jclean]

View attachment 53232

Beautiful place ! A good way to clear your head

 

[Johnny boy]

Beautiful place ! A good way to clear your head

Love living here haha

 

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[Johnny boy]

Need to invent a word for the exact opposite of synergy, where everyone is more efficient and profitable when working alone.

One guy can go knock out 7 jobs.
Two guys working together can definitely not do 14 as easily.
They might be able to mow twice as fast, but they cannot drive around twice as fast.

Disynergy?

Today being april fools, we are going to call some old collections accounts and tell them they don't owe us any more money and we aren't actually going to sue them and then we are going to tell them april fools and give them their demand letters.

 

[Black_Dragon43]

Today being april fools, we are going to call some old collections accounts and tell them they don't owe us any more money and we aren't actually going to sue them and then we are going to tell them april fools and give them their demand letters.

The money you get from those people is the best money ever. Their expression when they see they can't get away with scamming you is priceless. One time I've had a guy break down in tears on the phone. Got all the money back AND delay penalties worth $1,800.

 

[jclean]

One guy can go knock out 7 jobs.
Two guys working together can definitely not do 14 as easily.
They might be able to mow twice as fast, but they cannot drive around twice as fast

This is the exact reason why we bought a van separately for each employee.

We tested this and
the efficiency of an employee working alone vs working with two is up to 40% higher.

 

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[Johnny boy]

This is the exact reason why we bought a van separately for each employee.

We tested this and
the efficiency of an employee working alone vs working with two is up to 40% higher.

EXACTLY

2 guys working together: 10 properties or 5 per person

1 guy alone: 7 per person.

7/5 is 40% higher.

If profits were 30%, and for every $10 we were profiting $3. We would be bringing in $14 and spending $7 still.

So you are now profiting $7 instead of $3. That’s a 133% bump to profits.

If your company sells at a 5x multiple. You just increased the value of your company a huge amount. A company making 200k a year that would sell for 1M, is now making 460k and worth 2.3M.