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- Nov 3, 2018
- 52
- 72
Hello Fastlaners,
I joined the community a while ago but mainly read all the great advice and take notes and rarely ever post except for an introduction a while back.
About me: I own a security company myself and have done well with it but have reached some sticking points.
On to my question:
I moved into a high end community last year that has upper middle class to entry level millionaires living in it.
All the homes/townhomes being built are all custom made and brand new.
I painted my garage and did the Polyurea Epoxy coating and now have become the go-to guy that everyone asks how I did it and if I could do their garage, etc.
I also do all my own work pretty much - cut grass, house maintenance, plus I even cook food and create custom drinks for all the community events and parties in the community and have become a sort of celebrity in the neighborhood along with making fantastic connections with some very rich and successful people.
So it gave me an idea of a side business I could create...
I created a brochure to put on all the new homes being built that would basically offer everything: House Cleaning, Landscaping, Complete Garage painting and flooring, Party Setups and Custom Drink Creations, etc.
But I feel like it would take away from my security business as well as I don't know how confident I am in doing Garage flooring on other peoples homes. I did a very good job on mine but I see the imperfections and mistakes I made everyday whereas others don't see that. They just see how good it looks superficially.
There are about 10-20 homes being completed every month, and there's going to be about 3,000-5,000 homes once the whole community is finished over a 5-10 year period.
So....
A. Would you even trust a guy who puts a brochure on your door that says he can do everything. Landscaping, house maintenance, house cleaning (I wouldn't do this of course, I'd hire someone, they have complaints from the current cleaning person), garage finishing, painting, party planner and setup (everyone already asks my wife to do this because she's good at that), basically hiring someone to do most of this, etc.?
B. Should I specialize in the main moneymaker which would be the garage finishing to look more like an expert in something instead of trying to do everything for everybody?
C. Or am I just wasting my time when I could be focusing on finding ways to reach out to the ultra rich to get clients through my security business which is my main goal anyways and stop reaching for low hanging business opportunities?
Thanks for any suggestions.
I joined the community a while ago but mainly read all the great advice and take notes and rarely ever post except for an introduction a while back.
About me: I own a security company myself and have done well with it but have reached some sticking points.
On to my question:
I moved into a high end community last year that has upper middle class to entry level millionaires living in it.
All the homes/townhomes being built are all custom made and brand new.
I painted my garage and did the Polyurea Epoxy coating and now have become the go-to guy that everyone asks how I did it and if I could do their garage, etc.
I also do all my own work pretty much - cut grass, house maintenance, plus I even cook food and create custom drinks for all the community events and parties in the community and have become a sort of celebrity in the neighborhood along with making fantastic connections with some very rich and successful people.
So it gave me an idea of a side business I could create...
I created a brochure to put on all the new homes being built that would basically offer everything: House Cleaning, Landscaping, Complete Garage painting and flooring, Party Setups and Custom Drink Creations, etc.
But I feel like it would take away from my security business as well as I don't know how confident I am in doing Garage flooring on other peoples homes. I did a very good job on mine but I see the imperfections and mistakes I made everyday whereas others don't see that. They just see how good it looks superficially.
There are about 10-20 homes being completed every month, and there's going to be about 3,000-5,000 homes once the whole community is finished over a 5-10 year period.
So....
A. Would you even trust a guy who puts a brochure on your door that says he can do everything. Landscaping, house maintenance, house cleaning (I wouldn't do this of course, I'd hire someone, they have complaints from the current cleaning person), garage finishing, painting, party planner and setup (everyone already asks my wife to do this because she's good at that), basically hiring someone to do most of this, etc.?
B. Should I specialize in the main moneymaker which would be the garage finishing to look more like an expert in something instead of trying to do everything for everybody?
C. Or am I just wasting my time when I could be focusing on finding ways to reach out to the ultra rich to get clients through my security business which is my main goal anyways and stop reaching for low hanging business opportunities?
Thanks for any suggestions.
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