your advise on getting started

[Steve]

Here is advise I have heard from others on getting their business started. Please feel free to add your own.

"You asked me about any advice on Lawn Care... well I was in that business for many years before getting out. The best advice I could give is to put as much money and time into growing the business instead of just enjoying the money you make and spending it. I personally had a problem with that concept back when i did that kind of work and a result my business did not reach the great heights that it could have because I did not expand I just spent the money I made. This is s big mistake... growth can take you to a whole new finacial status if you will put energy into it.
I had commercial accounts as well as residential. Getting work was really not the hard part. I would set a goal to expand and get as many accounts as possible and also try to get some really good people to work for you that you can trust. I would also recommend that you look into finding a good supervisor who can duplicate your work then you can spend your time trying to drum up even more accounts.
I hope some of this is helpful! "

[tiedeman]

That is actually really great advice

[Steve]

Quote[/b] ]The best advice I could give is to put as much money and time into growing the business instead of just enjoying the money you make and spending it.
I think this is a trap many many business owners fall into.

[tiedeman]

Well, I do agree with that statement, and then again I don't agree. Yes, you should enjoy your business and enjoy the money that you are marking, but it can also be bad to invest too much money and time in your business. You can never get that money or time back ever. Just because you need that piece of equipment, doesn't mean that you should purchase it.

[JODY84]

I think a 50 percent of the money made should be put back into the company, such as newer and more equip, more employees, more advertising, know what I mean?

In one of my business classes I remember reading that it takes 5 yrs before a company can expect to be in the black, instead of the red.

So being patient is a must
http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif

[Steve]

Quote[/b] ]In one of my business classes I remember reading that it takes 5 yrs before a company can expect to be in the black, instead of the red.

One of the things I love about the service business, is at times you can start today and be profitable today.

It's a different story in other industries where you make a product and have to build a brand and awareness first.

[tiedeman]

Quote[/b] (JODY84 @ July 28 2007,1:16)]I think a 50 percent of the money made should be put back into the company, such as newer and more equip, more employees, more advertising, know what I mean?

In one of my business classes I remember reading that it takes 5 yrs before a company can expect to be in the black, instead of the red.

So being patient is a must
http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif http://www.gophergraphics.com/forum/iB_html/non-cgi/emoticons/biggrin.gif
Yup, it takes a long time. Took me 3 years. I never thought I was going to get out of the red