Lawn Care Business Forum Lawn Care Business Book Lawn Care Business Blog Lawn Care Software
Home Forum Contract & Flyer Templates Blog Software Videos Podcast Calculators / Estimators Store Mower Review Design It Yourself Lawn Business School

Go Back   GopherHaul Landscaping & Lawn Care Business Marketing Forum > Lawn Care, Landscaping, and Property Management Forums > General Talk

General Talk If it doesn't fit anywhere else, post it here.

What is your profit margin?


General Talk

If it doesn't fit anywhere else, post it here.
Reply
 
Thread Tools Search this Thread
  #21  
Old 12-20-2007, 01:48 PM
pmblair
Guest
 
Posts: n/a
Default

No, Tim... not windy... informative... I love reading your posts... I always learn something new!
Reply With Quote

Stop guess-timating. Learn how to estimate and make money! $$$
Mow Time Estimator Lawn Care Price Estimator Mulch and Topsoil Calculator Snow Plow Estimate Calculator


  #22  
Old 12-20-2007, 03:47 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,501
Rep Power: 10
Steve has disabled reputation
Default

Lawn care business tipsLawn Care Business Book
I guess another big part of this discussion is about keeping your expenses low.

How big of a deal do you find this to be?

How important is keeping your expenses low vs showing off to everyone that you seem to be going great guns?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #23  
Old 12-20-2007, 10:10 PM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 32
Posts: 558
Rep Power: 8
FourSeasons
Default

Quote:
Originally Posted by [b
Quote[/b] ]I guess another big part of this discussion is about keeping your expenses low.

How big of a deal do you find this to be?

How important is keeping your expenses low vs showing off to everyone that you seem to be going great guns?
I think when you are a newe business owner all expenses need to be kept low as possible. I don't pay on any of my epuipment. I don't have all brand new stuff but I don't need all brand new expensive stuff yet.

I used to get emabarrased in my little s-10 but I could care less now. It does the job and brings in good money. I'll buy a new truck in a couple months cash. Nothing fancy just what I need.
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #24  
Old 12-21-2007, 02:06 AM
realhuntin
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by [b
Quote[/b] (Team Gopher @ Dec. 20 2007,4:47)]I guess another big part of this discussion is about keeping your expenses low.

How big of a deal do you find this to be?

How important is keeping your expenses low vs showing off to everyone that you seem to be going great guns?
That is the hardest part of the whole thing steve, keeping your expenses low, your just starting and there is alot of upfront cost that you will never recover, so the first year or two you may not show much of a profit but you made it throught the tough times so this is a big deal to everyone just starting. If the average man/woman goes out and starts a company he/she is doing it on a shoe string budget. So keep cell bills down to minium and schedule your jobs in low milage routes even if you have to move a mowing day on someone.

and yes there is always going to be the Nickle Millionaire at any business and they never last, and if they do its a bigger suprise to them than to anyone else. EVERYONE goes throught the feast and famon thing I did I have and I know what it is like to have little to no money to even go to the grocery and buy food. but determination had paid off form me. I sold my security business to Honeywell and retired to this. I really wish I would have done this type of work 20 years ago.
Reply With Quote
  #25  
Old 12-21-2007, 05:13 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,501
Rep Power: 10
Steve has disabled reputation
Default

Very interesting insight!

It seems to me, it's the expenses that is the bigger trap than anything else.

It seems we all want to look good, not just entrepreneurs but everyone in society. We all want to project the image that we are on the top of our game.

Rob you brought up a very interesting point that I wanted to explore more.

Quote:
Originally Posted by [b
Quote[/b] ]I used to get emabarrased in my little s-10 but I could care less now. It does the job and brings in good money. I'll buy a new truck in a couple months cash. Nothing fancy just what I need.
Can you explain this a little more because I bet a lot of people reading this can relate to you. Why were you embarrassed by your truck? Who did you feel embarrassed by? Customers? Other Lawn Care Operators or just everyone and anyone?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #26  
Old 12-21-2007, 07:51 AM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 32
Posts: 558
Rep Power: 8
FourSeasons
Default

Quote:
Originally Posted by [b
Quote[/b] ]Can you explain this a little more because I bet a lot of people reading this can relate to you. Why were you embarrassed by your truck? Who did you feel embarrassed by? Customers? Other Lawn Care Operators or just everyone and anyone?
Well when I first started out I didn't really have any money. I bought it from my neighbor for $250 and put a new transmission in it myself for another $250 just to get started. I felt kind of embarassed by customers when I showed up to do work because I wasnt in any type of company looking truck. And also when I was driving around from job to job passing other lcos in a little s-10.
One time their was 4 guys (lcos) in a nice brand new chevy and we were at a stop light. I looked over and the 2 in the back (same age as me) were looking at my truck and laughing. But this is after months of being in business so I didn't really care. Because what it took them a month to make working for that other lco I made in a week easily. Of course thats during the busy time of the year.

Anyways I learned that people want to see quality work. They don't really care what your driving. But I think it might show that you have been in business longer or are more professional with at least a okay looking truck. I think it also gives off a better image to your customers. When you can upgrade then it doesn't look like they might not ever see you again. Maybe kinda shady.
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #27  
Old 12-21-2007, 08:38 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,501
Rep Power: 10
Steve has disabled reputation
Default

Rob I applaud you for sharing this insight with all of us.

I want to point a few things out to you.

Quote:
Originally Posted by [b
Quote[/b] ]One time their was 4 guys (lcos) in a nice brand new chevy and we were at a stop light. I looked over and the 2 in the back (same age as me) were looking at my truck and laughing.
As far as this specific situation goes. The 2 guys in the back were laughing? I am guessing that they were sitting in the back because they weren't owners. They were laughing because you are a shinning example right in their face that you are in the drivers seat and you are making it happen without having to go into debt to buy a brand new truck. They use all these excuses to allow themselves to stay as employees and they fear venturing off to do what you are doing now. They laugh because it makes them uncomfortable that you called them out on their excuses. It's nervous laughter. Let them laugh. You are a success in my book.

Now for more stories.

Have you ever heard of Henry Ross Perot?

Henry Ross Perot - Net Worth: $4.2 billion
Source: Investments, computer services, real estate
Self made

Age: 75
Marital Status: Married, 5 children
Hometown: Dallas, TX
Education: US Naval Academy, Bachelor of Arts / Science

Former IBM salesman founded Electronic Data Systems 1962, sold to General Motors for $2.5 billion in 1984. Founded rival information services firm Perot Systems in 1988. Stepped down for politics in 1992, making 2 unsuccessful bids for presidency; warned of job losses from free trade agreements. Since then Perot Systems set up subsidiaries in India. Chairman emeritus spends time supporting military veterans. Son Ross Perot Jr. stepped down from top spot at dad's company last year, still heads Dallas real estate firm Hillwood Development. Money management firm Perot Investments lead investor in new intellectual-property fund.


When Ross Perot ran for president in 1992 it was revealed that he still drove a 1983 Chevy Nova.

Now think about that. This guy is a billionaire!

When you take a moment to reflect on it, you can see how he became a billionaire. He knew where to spend his money and where not to. He was thrifty.




Now let's move on to another billionaire Sam Walton.

This is Sam's actual truck! See more of it here.


Sam Walton - Despite having billions, Walton still drove a pickup truck and wore clothes from his own discount store, Wal-Mart.





Ingvar Kamprad - KEA founder Ingvar Kamprad, ranked 4th richest man in the world, drives a 15-year-old car and always flies economy class, in part to inspire his 90,000 employees worldwide to see the virtue of frugality.

Here is his actual car!
I am attaching the picture its a white volvo.

Net Worth: $28 billion
Vehicles Owned: 1993 Volvo 240 GL




Now how does this effect your view on what you drive?
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #28  
Old 12-21-2007, 10:32 PM
FourSeasons FourSeasons is offline
Members
 
Join Date: Sep 2007
Age: 32
Posts: 558
Rep Power: 8
FourSeasons
Default

How does it go -
Those who are busy trying to look rich are actually broke
Those who look broke - are broke
And the rich look like everyday people

I think this is true most of the time.

All the time when I'm driving thru these nice neighborhoods with the huge houses, boats, nice cars, I think wow nice stuff but I bet they don't own any of it. I wonder how much they are in debt.
__________________
Rob
Green Image Lawn & Landscape

\"If you don't feel the same way about Friday nights as you do Sunday nights, then you are not doing the right thing.\"
Reply With Quote
  #29  
Old 12-22-2007, 07:50 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,501
Rep Power: 10
Steve has disabled reputation
Default

Quote:
Originally Posted by [b
Quote[/b] ]I wonder how much they are in debt.
There is a huge amount of debt going on now in our society. You are going to see a lot of fall out from it as well.

Keep all this in mind when you consider taking on debt yourself. Don't try to impress anyone. Do what's best for you and your business.
__________________
- Subscribe to my Lawn Care Marketing Blog Feed and get daily tips sent to you. Free!
Download your Free trial of Gopher Lawn Care Software.
Reply With Quote
  #30  
Old 12-22-2007, 01:25 PM
realhuntin
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by [b
Quote[/b] (FourSeasons @ Dec. 21 2007,11:32)]All the time when I'm driving thru these nice neighborhoods with the huge houses, boats, nice cars, I think wow nice stuff but I bet they don't own any of it. I wonder how much they are in debt.
Probably up to their EYE-BALLS cus the bank owns their other balls or at least one of them anyway. Your right on the money with the old saying:
Those who are busy trying to look rich are actually broke
Those who look broke - are broke
And the rich look like everyday people
Reply With Quote
Reply

Bookmarks

Tags
operating expense, profit margin

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
Today 08:58 PM
by ExtremeLawncareServices
152 11,050
Pressure Washing Like a...
TNTurf
08-01-2014 11:47 PM
Today 08:49 PM
by biglee
4 557
Cheapskate Landlord...
Mr. Mow
Today 06:33 AM
Today 08:44 PM
by biglee
6 108
Jungle to Beautiful
stevef1201
10-17-2014 09:54 AM
Today 08:39 PM
by biglee
8 295
Have you ever had to...
SouthernRootsLawnCare
07-26-2014 02:41 PM
Today 08:34 PM
by biglee
10 1,635
Sunny Beach Tennis...
SGL1
Yesterday 11:24 PM
Today 07:13 PM
by SGL1
2 91
Hello, from TEXAS
sanchez5
10-17-2014 09:56 PM
Today 06:15 PM
by Steve
3 220
Look out Bob Villa -...
Mr Dave
09-30-2014 10:06 AM
Today 05:42 PM
by SGL1
7 1,184
how to fi d commercial...
mchampion319
Yesterday 09:50 PM
Today 04:41 PM
by Steve
1 94
Hello From Tennessee
mrmann901
10-17-2014 10:02 PM
Today 04:24 PM
by Steve
1 177
questions on order to...
jack2048
10-13-2014 11:15 AM
Today 03:27 PM
by Mr. Mow
15 603
What parts do you carry...
Just for Cuts
10-17-2014 09:08 AM
Today 03:11 PM
by Mr. Mow
20 460
Organic Lawn Care...
NHray
10-17-2014 06:05 PM
Today 02:22 PM
by Steve
1 214
This sucks...
Matther777
09-18-2014 04:56 PM
Today 02:14 PM
by Steve
14 2,053
Cement mixer
KevinsLawns
10-15-2014 08:03 PM
Today 02:11 PM
by Steve
7 349
Hello ! New guy Rob here
RWorthley1
10-17-2014 04:05 PM
Today 02:09 PM
by Steve
1 194
first year update
cmdlawncare
08-12-2014 05:41 PM
Today 02:07 PM
by Steve
3 1,169
Pda
stevef1201
10-18-2014 02:05 PM
Yesterday 11:27 PM
by SGL1
2 173
Snow Blowing
gwilson98
10-12-2014 02:21 PM
10-17-2014 02:51 PM
by Steve
6 535
Spreading Weeds?
WesleySnips
07-27-2014 09:46 PM
10-17-2014 07:49 AM
by SGL1
6 839
Grasswhoopins.com Anyone...
GRASS WHOOPINS
06-21-2011 11:38 PM
10-16-2014 01:30 PM
by ExtremeLawncareServices
42 9,192
I Want to buy old...
ExtremeLawncareServices
10-10-2014 10:04 PM
10-15-2014 09:12 PM
by ExtremeLawncareServices
6 578
Say Hello !!!
Steve
03-19-2007 11:18 AM
10-15-2014 06:43 PM
by NHray
1,190 339,849
Workmans compensation...
CDLAWNCARE
10-15-2014 08:05 AM
10-15-2014 02:57 PM
by Steve
2 321
Do you find weed eating...
chuck2s
10-15-2014 02:10 PM
10-15-2014 02:10 PM
by chuck2s
0 291
Incorporating &...
WesleySnips
10-01-2014 09:39 PM
10-15-2014 01:37 PM
by kslawn
20 1,383
Falling into business
stellarmowing
09-28-2014 04:35 PM
10-15-2014 05:57 AM
by ringahding1
8 1,399
Apartment Complex and...
lxarth
06-22-2011 01:10 PM
10-14-2014 06:25 PM
by jrs.landscaping
42 9,482
I LOVE hedge trimming
stevef1201
10-13-2014 09:05 AM
10-14-2014 01:06 PM
by Steve
5 421
Help with seeder...
ExtremeLawncareServices
10-09-2014 07:39 AM
10-13-2014 08:09 PM
by ExtremeLawncareServices
5 585
The Market watch
WesleySnips
10-12-2014 08:47 PM
10-13-2014 05:40 PM
by SGL1
3 428
Help pricing a large...
Bradcook21
10-07-2014 06:49 AM
10-13-2014 02:00 PM
by Steve
7 774
leaf removal
Double J LLC
10-03-2014 04:24 PM
10-13-2014 06:46 AM
by Billy Goat
19 1,401
Acerage Rake
acrajchel
04-23-2014 07:23 PM
10-12-2014 10:53 PM
by SGL1
2 742
John Deere z235 Deck
WesleySnips
09-29-2014 06:02 PM
10-12-2014 06:20 PM
by kslawn
25 1,544
Credit card contract
SGL1
10-06-2014 05:31 PM
10-12-2014 03:40 PM
by SGL1
18 966
Truck craft dump bed...
ExtremeLawncareServices
10-04-2014 08:41 PM
10-10-2014 11:35 AM
by Steve
7 862
First Time River Rock...
berryjam
10-09-2014 06:09 PM
10-10-2014 11:08 AM
by Steve
2 521
West cost lawn prices
SGlawncare
10-09-2014 09:51 PM
10-10-2014 11:03 AM
by Steve
1 510
Question?what should I...
dalvan0
09-24-2014 11:10 PM
10-09-2014 05:58 PM
by kslawn
28 2,035
Mowing the hills
EyeCatchersNow
07-08-2014 12:22 PM
10-09-2014 04:19 PM
by Just for Cuts
25 2,890
snowplowing
jshak40
09-01-2014 07:20 AM
10-09-2014 02:21 PM
by Steve
25 3,542
Changing Scag Freedom Z...
maggiedavidson
10-06-2014 12:24 PM
10-08-2014 06:34 PM
by ExtremeLawncareServices
7 752
The most dangerous part...
Steve
10-06-2014 02:45 PM
10-07-2014 04:18 PM
by ExtremeLawncareServices
3 728
Good Mower
jack2048
10-04-2014 05:34 PM
10-07-2014 01:05 PM
by Steve
7 817
Mulching fad killing...
Tree geek
10-06-2014 08:37 PM
10-06-2014 08:37 PM
by Tree geek
0 635
Help a brother...
tbtigers03
09-28-2014 11:41 AM
10-06-2014 02:53 PM
by Steve
11 1,359
Update on LawnsAway and...
Ian Lovejoy
09-28-2014 10:24 AM
10-06-2014 01:30 PM
by Steve
4 1,226
A GREAT Story
stevef1201
10-02-2014 10:33 AM
10-06-2014 12:50 PM
by Steve
6 1,032
Kohler command carb...
ExtremeLawncareServices
09-21-2014 03:09 PM
10-03-2014 07:12 PM
by kslawn
27 2,138
» Popular Tags
2wd aerocore apartment bid apartment lawn care estimate applying bush charge christmas deliquentaccounts demonstration exmark ferris first truck foreman georgia gopherhaul grass gravely hills holiday how much to charge how to how to bid hydraulic labor cost landscape services lawn lawn care lawn care busines plan lawn care business book lawn care business podcast lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care seo lawn care website lawn care website seo lighting lighting brass outdoor lights managing a lawn care business marketing mechanic mowing mulch mulch estimate new buisness new business ordinance podcast property management company push versus ride savannah scag scag v-ride scripts seo snow plowing starting a business starting a lawn care business stihl sulky theft toro tractor auger trailer mate pro tree walk behind walker wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 08:59 PM.


(C) 2011 Riggs Publications - Terms of use & Privacy Policy

All times are GMT -5. The time now is 08:59 PM.

(C) 2011 Riggs Publications - Terms of use & Privacy Policy