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 > Just starting your lawn care or landscaping business? > Starting a lawn care business.

Starting a lawn care business. How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.

Top Five Pitfalls Every New Business


Starting a lawn care business.

How to start a lawn mowing business, lawn care business, or landscaping business. If you are starting a lawn care business, ask your questions here.
Reply
 
Thread Tools Search this Thread
  #1  
Old 12-01-2006, 07:26 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,511
Rep Power: 10
Steve has disabled reputation
Default

This is some great stuff. How many small business owners fail at #5. How many do you know that can't take a vacation without worrying their business will collapse without them?

Do you ever find that to be the case?

Top Five Pitfalls Every New Business Needs to Avoid

5. CREATING A BUSINESS THAT CAN'T SURVIVE WITHOUT YOU

Financial guru Robert Kiyosaki sums it up when he relates McDonald's to hamburgers. McDonald's isn't a billion-dollar business because it has the best burgers - it's the system that has enabled the company to become the largest restaurant in the world. Organizing manuals, procedures, employee handbooks, bookkeeping, marketing, customer service - that doesn't happen overnight - but it's critical to turn all the unknowns into a consistent, functioning system. The point of starting your own business isn't so you can work like an indentured servant for the rest of your life. Create a superstar team, delegate the work, and for God's sake, learn to pass on the reigns. Consider the business successful when you can walk away and it doesn't burst into flames without you.

4. BELIEVING IN SHORTCUTS

Are there faster ways to do things? Of course. But when it comes to rising up in the business world, don't even kid yourself. When we first opened the car wash, trying to juggle work, school and a social life made 100-hour work weeks the standard protocol. Ironically, as much as the world admires ambitious entrepreneurs who start businesses out of their garages, people who work "too hard" are often frowned upon. We're accused of letting our lives pass us by, and in some ways, that might be true. But in reality, all we're concerned about is reaching financial freedom while we're still young and healthy. Bottom line: There are no shortcuts. Do your homework, work hard and work some more.

3. COMPLICATING A SINGLE, BASIC STRATEGY

Ask bestselling author Eliyahu Goldratt what the goal of any company should be and he'll tell you it's one simple thing: "To make money." It may seem blunt, perhaps even callous at first, but if it's not guiding your business, then surviving in the long run would be near impossible. Most new business owners fail to control their spending. Start-up costs may be high, but you've got to keep your thumb over that erratic financial pulse. Focus your energy and resources only on the activities that count. Spend your money wisely.

2. NOT ENOUGH CASH ON HAND

Don't fool yourself into thinking you can survive the first year with a small nest egg or your father-in-law's wallet. Before we owned the car washes, all of us invested heavily in the Arizona real estate market prior to the big boom. Property values soared at astronomical rates and enabled us to borrow against the existing equity. It was a good thing, too, because our early spending was out of control. In fact, our original budget miraculously doubled for no apparent reason (or so we say). Not only did the power of leverage keep us afloat during this highly uncertain phase of ownership, but we didn't go stir crazy wondering if we'd be able to pay our water bill. Whether it's a line of credit against your primary residence or a small business loan from a bank, make sure that cash is readily available.

1. TAKING YOUR BUSINESS PERSONALLY

If there's one lesson we've all learned from owning a business, it's this: Don't take it personally. This thing is your business, not your baby, and anyone who tells you different will burn out by age 30. Vendors will screw you over. Customers might spit in your face. But sometimes, there's just nothing you can do about it. Have you ever seen the formula "Observation + Reaction = Outcome"? I can guarantee you right now that unexpected nightmares will inevitably occur, but it's your reaction to them that counts. You can't control everything, but you can mitigate the impact by reacting quickly and intelligently. Expect the worst, hope for the best, and above all, don't let things get to you.
__________________
- 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

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


Reply

Bookmarks

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
Dealing With Gas Can...
Mr. Mow
Yesterday 01:41 PM
Today 10:35 PM
by SGL1
6 174
raking leaves ?
robert8509
Today 09:19 PM
Today 09:19 PM
by robert8509
0 10
hey everyone
robert8509
Today 08:16 PM
Today 08:16 PM
by robert8509
0 21
Leaf Box & Loader Set...
ringahding1
Yesterday 06:20 AM
Today 06:51 PM
by Matther777
4 168
Pda
stevef1201
10-18-2014 02:05 PM
Today 04:49 PM
by WesleySnips
3 271
Workmans compensation...
CDLAWNCARE
10-15-2014 08:05 AM
Today 01:47 PM
by The Hunter
3 425
Pressure Washing Like a...
TNTurf
08-01-2014 11:47 PM
Today 01:33 PM
by Steve
9 735
Hello, from TEXAS
sanchez5
10-17-2014 09:56 PM
Today 01:27 PM
by Steve
6 362
Organic Lawn Care...
NHray
10-17-2014 06:05 PM
Today 01:23 PM
by Steve
3 332
Hi Steve From West...
Mr. Mow
Yesterday 01:59 PM
Today 01:19 PM
by Steve
1 108
Cheapskate Landlord...
Mr. Mow
10-20-2014 06:33 AM
Today 01:17 PM
by Steve
9 273
Help a brother...
tbtigers03
09-28-2014 11:41 AM
Today 08:51 AM
by ringahding1
12 1,470
first year update
cmdlawncare
08-12-2014 05:41 PM
Today 07:47 AM
by ringahding1
4 1,293
What parts do you carry...
Just for Cuts
10-17-2014 09:08 AM
Yesterday 01:36 PM
by Mr. Mow
16 617
Jungle to Beautiful
stevef1201
10-17-2014 09:54 AM
Yesterday 01:26 PM
by stevef1201
11 466
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
Yesterday 01:19 PM
by ExtremeLawncareServices
158 11,322
Sunny Beach Tennis...
SGL1
10-19-2014 11:24 PM
Yesterday 01:04 PM
by SGL1
4 227
Have you ever had to...
SouthernRootsLawnCare
07-26-2014 02:41 PM
10-20-2014 08:34 PM
by biglee
10 1,774
Look out Bob Villa -...
Mr Dave
09-30-2014 10:06 AM
10-20-2014 05:42 PM
by SGL1
7 1,282
how to fi d commercial...
mchampion319
10-19-2014 09:50 PM
10-20-2014 04:41 PM
by Steve
1 194
Hello From Tennessee
mrmann901
10-17-2014 10:02 PM
10-20-2014 04:24 PM
by Steve
1 265
questions on order to...
jack2048
10-13-2014 11:15 AM
10-20-2014 03:27 PM
by Mr. Mow
15 708
This sucks...
Matther777
09-18-2014 04:56 PM
10-20-2014 02:14 PM
by Steve
14 2,154
Cement mixer
KevinsLawns
10-15-2014 08:03 PM
10-20-2014 02:11 PM
by Steve
7 448
Hello ! New guy Rob here
RWorthley1
10-17-2014 04:05 PM
10-20-2014 02:09 PM
by Steve
1 285
Snow Blowing
gwilson98
10-12-2014 02:21 PM
10-17-2014 02:51 PM
by Steve
6 632
Spreading Weeds?
WesleySnips
07-27-2014 09:46 PM
10-17-2014 07:49 AM
by SGL1
6 930
Grasswhoopins.com Anyone...
GRASS WHOOPINS
06-21-2011 11:38 PM
10-16-2014 01:30 PM
by ExtremeLawncareServices
42 9,287
I Want to buy old...
ExtremeLawncareServices
10-10-2014 10:04 PM
10-15-2014 09:12 PM
by ExtremeLawncareServices
6 661
Say Hello !!!
Steve
03-19-2007 11:18 AM
10-15-2014 06:43 PM
by NHray
1,190 340,067
Do you find weed eating...
chuck2s
10-15-2014 02:10 PM
10-15-2014 02:10 PM
by chuck2s
0 377
Incorporating &...
WesleySnips
10-01-2014 09:39 PM
10-15-2014 01:37 PM
by kslawn
20 1,472
Falling into business
stellarmowing
09-28-2014 04:35 PM
10-15-2014 05:57 AM
by ringahding1
8 1,489
Apartment Complex and...
lxarth
06-22-2011 01:10 PM
10-14-2014 06:25 PM
by jrs.landscaping
42 9,573
I LOVE hedge trimming
stevef1201
10-13-2014 09:05 AM
10-14-2014 01:06 PM
by Steve
5 514
Help with seeder...
ExtremeLawncareServices
10-09-2014 07:39 AM
10-13-2014 08:09 PM
by ExtremeLawncareServices
5 675
The Market watch
WesleySnips
10-12-2014 08:47 PM
10-13-2014 05:40 PM
by SGL1
3 514
Help pricing a large...
Bradcook21
10-07-2014 06:49 AM
10-13-2014 02:00 PM
by Steve
7 864
leaf removal
Double J LLC
10-03-2014 04:24 PM
10-13-2014 06:46 AM
by Billy Goat
19 1,497
Acerage Rake
acrajchel
04-23-2014 07:23 PM
10-12-2014 10:53 PM
by SGL1
2 825
John Deere z235 Deck
WesleySnips
09-29-2014 06:02 PM
10-12-2014 06:20 PM
by kslawn
25 1,637
Credit card contract
SGL1
10-06-2014 05:31 PM
10-12-2014 03:40 PM
by SGL1
18 1,052
Truck craft dump bed...
ExtremeLawncareServices
10-04-2014 08:41 PM
10-10-2014 11:35 AM
by Steve
7 956
First Time River Rock...
berryjam
10-09-2014 06:09 PM
10-10-2014 11:08 AM
by Steve
2 600
West cost lawn prices
SGlawncare
10-09-2014 09:51 PM
10-10-2014 11:03 AM
by Steve
1 587
Question?what should I...
dalvan0
09-24-2014 11:10 PM
10-09-2014 05:58 PM
by kslawn
28 2,123
Mowing the hills
EyeCatchersNow
07-08-2014 12:22 PM
10-09-2014 04:19 PM
by Just for Cuts
25 2,999
snowplowing
jshak40
09-01-2014 07:20 AM
10-09-2014 02:21 PM
by Steve
25 3,635
Changing Scag Freedom Z...
maggiedavidson
10-06-2014 12:24 PM
10-08-2014 06:34 PM
by ExtremeLawncareServices
7 839
The most dangerous part...
Steve
10-06-2014 02:45 PM
10-07-2014 04:18 PM
by ExtremeLawncareServices
3 818
» Popular Tags
4wd apartment complex article marketing bark bid bob villa charge collections collections subcontractor commercial decorating demonstration ditches edging employee problems estimate exmark ferris first truck georgia gopherhaul gravely hardscapes honda how much to charge how to hydraulic installation introduction landscape services lawn lawn care lawn care busines plan lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website lawn care website seo marketing mechanic monthly mulch mulch price new business new mower past due patio install podcast reo running a business scag scag v-ride seo shell snow starting a business start up lawn care business steep lawns steve stihl theft of services toro tractor auger trailer mate pro tree truck new used landscape walker won't return wright stander rh
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 10:35 PM.


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

All times are GMT -5. The time now is 10:35 PM.

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