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 > Business > General Business Discussions

General Business Discussions A place to talk about general business discussions.

Why do we fail at business?


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #1  
Old 08-06-2010, 04:27 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,504
Rep Power: 10
Steve has disabled reputation
Default Why do we fail at business?

From your personal experiences and the experiences you have seen with others, what is your view on why so many of us fail at business?

What makes it seem next to impossible for the average person to start a 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

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


  #2  
Old 08-06-2010, 04:46 AM
picframer's Avatar
picframer picframer is offline
Andy
 
Join Date: Jan 2009
Location: Halifax, Nova Scotia
Posts: 2,885
Rep Power: 9
picframer will become famous soon enough
Default

Lawn care business tipsLawn Care Business Book
Quote:
Originally Posted by Steve View Post
From your personal experiences and the experiences you have seen with others, what is your view on why so many of us fail at business?

What makes it seem next to impossible for the average person to start a business?
There are a lot of reasons, maybe foremost is not everyone is cut out to be an entrepreneur.

- Business Plan does not reflect proper research
- Start up financing was not sufficient
- Marketing skills
- Research of the business, I see this a lot not only here but in this market in general, looking for other service options to keep cash flow going and knowing what your competition is, what they charge etc.
- Receivables
- Equipment issues
- Staff, there is an old saying you will only be as good as the people under you
- Growing too fast, service level drops
- Debt
- Lack of proper insurance, things do go wrong
- Poor sales skills
- Knowing your costs and what to charge

Those are a few things that come to mind.
__________________
Andy
Halifax, Nova Scotia
Reply With Quote
  #3  
Old 08-06-2010, 07:27 AM
Chachi Chachi is offline
Member
 
Join Date: Apr 2010
Location: Pennsylvania
Posts: 52
Rep Power: 5
Chachi is on a distinguished road
Default

pic pretty much summed it up. One thing I get praised on is I have no overhead. Everything is paid off except insurance & ads of course. If I don't have cash I don't buy it. Years down the road I am sure that may change, but for now I live by that.
Reply With Quote
  #4  
Old 08-06-2010, 12:22 PM
LawnMoore's Avatar
LawnMoore LawnMoore is offline
Mr. Moore
 
Join Date: Jul 2010
Location: Suwannee River Florida
Age: 29
Posts: 288
Rep Power: 5
LawnMoore is on a distinguished road
Default

Quote:
Originally Posted by picframer View Post
There are a lot of reasons, maybe foremost is not everyone is cut out to be an entrepreneur.
- Some people lack the drive and people skills required to run there business day to day..

Not to mention, that when your an entreprenuer/business owner you have to either know who or when to hire someone to take on tasks, or know how to complete them yourself.

Like advertising, www/door to door marketing, equipment maintenace, having failure days in the start up or any time, and being prepared to conquer all of that plus more and still hold your head up to give the next man a fair deal and smile about it.

just some thoughts..

Sometimes its inevitable, you know, acts of god can stop anything from happening. ( or put a serious damper on such )
__________________
(352)682-3094 Suwannee River, Florida 32680

Visit my site, http://www.lawnmoore.com, Thanks!
Reply With Quote
  #5  
Old 08-06-2010, 12:28 PM
LawnMoore's Avatar
LawnMoore LawnMoore is offline
Mr. Moore
 
Join Date: Jul 2010
Location: Suwannee River Florida
Age: 29
Posts: 288
Rep Power: 5
LawnMoore is on a distinguished road
Default

Quote:
Originally Posted by Steve View Post
From your personal experiences and the experiences you have seen with others, what is your view on why so many of us fail at business?

What makes it seem next to impossible for the average person to start a business?
Steve, are you having a bad day? (this could go for others as well)

-If so maybe you need to take a little vacation something easy and cheap, maybe a camping trip or hiking, or from the shore fishing trip..

-Maybe you should check into cutting back on business and personal expenses and overhead, untill income picks up.

-If nothing else, business has you feeling down, take a breather! (enjoy some me time) then you can be a little less stressed out and tackle your next day with pride and ambition.
__________________
(352)682-3094 Suwannee River, Florida 32680

Visit my site, http://www.lawnmoore.com, Thanks!
Reply With Quote
  #6  
Old 08-06-2010, 09:14 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,504
Rep Power: 10
Steve has disabled reputation
Default

The thing I was thinking about goes back to almost the beginning of the idea to start a business.

How many people even have an interest in anything that they can even use as a foothold to get a start?

I think about how I hear all the time, 'if I could only start my own business.'

I then follow up with 'what would you like to do?'

And they reply 'I don't know.'

How is it that so many of us just dont know? I bet if you look around you, you will see others that say similar things.

How do you get something started when you have no direction? No interests? And why is it that so many of us seem to have no interest in anything or direction?

Is it simply sucked out of us when all we know is working fulltime as an employee?

Do we lose the dreams as we make the transition from child to adult?

What's your view on this?
__________________
- 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
  #7  
Old 08-06-2010, 09:35 PM
LawnMoore's Avatar
LawnMoore LawnMoore is offline
Mr. Moore
 
Join Date: Jul 2010
Location: Suwannee River Florida
Age: 29
Posts: 288
Rep Power: 5
LawnMoore is on a distinguished road
Default

Well i actually think, when they say i dont know, its because they really dont know how to do it.

Its not really something a kid growing up under parents who work 40 would know..

Now if you grew up like i did, in atleast 1 family business, maybe you would catch on, and almost 100% sure that your parents would teach you about business!

So maybe its the ones who say that, that werent raised by business orientated folks/family and had no helping direction..

I think we are a breed apart from the rest, as with anything it requires teaching, or money and sometimes both. I was fortunate enough to have that lifestyle growing up, and i would say that might be were i get my drive from. The drive to push the business even under failing conditions, because i know and was taught: "Tough times dont last, but tough people do!"

So now that im grown i know the only way to have the work when i want to and for how much lifestyle only comes from running a business or investing quite a bit of money into sometimes unstable economys.

But like the risk of losing the money in an unstable economy theres a high margin of return on the risk if the cards are played right. Tbh the unstable and broken economys are where the higher profit margins are if you (have the cash reserve) can afford to have the investment tied up untill the economy improves.

ok im kinda getting off subject so ill stop at that.

I think it takes direction..

E/ and also takes a how do i say, it takes lessons learned, like budgeting money, being content, being frugal, and a lot of other trial and error lessons (that you have to learn from) and not keep making the mistakes over and overr again! like lowballing bids, that cannot be done in order to stay in business, i would rather bid a 1-2 our tree job for 400 and not get it than i would bid it for 200 and it turn into a 3 hour job and a cut rope!!

Because like i said, if a rope gets cut or a saw drops from the lanyard sometimes those are inevitable things and have to be taken into consideration for, just like mowing, if i bid a mow at 25 to get the job even though i know its an overgrown heap worth 60! and somehow just somehow we miss a wire in the walkthrough, that could cost 40-100 or more!

So i think also bidding has a lot to do with whether a company will make it or not. If i bid at 400 and dont get a job, its better than bidding 200 and paying help 30 + gas 20 + a new rope is 150-200, right there im in the hole and made nothing!
__________________
(352)682-3094 Suwannee River, Florida 32680

Visit my site, http://www.lawnmoore.com, Thanks!

Last edited by LawnMoore; 08-06-2010 at 09:47 PM.
Reply With Quote
  #8  
Old 08-06-2010, 09:51 PM
LawnMoore's Avatar
LawnMoore LawnMoore is offline
Mr. Moore
 
Join Date: Jul 2010
Location: Suwannee River Florida
Age: 29
Posts: 288
Rep Power: 5
LawnMoore is on a distinguished road
Default

Oh and again, running a business is like having 3-5 part time jobs! Marketing,sales,inventory,management,labor,etc.. sometimes it feels like more than 5 different jobs lol.. plus public relation skills, some ppl cannot gather the confidence to do door to door. i dont know there are a lot of reasons why ppl fail lol..

Thats a lot for the average Joe to handle without proper training.

So like andy said, some are just "NOT CUT OUT FOR THE JOB" but after a couple trials and errors, they will get better.
__________________
(352)682-3094 Suwannee River, Florida 32680

Visit my site, http://www.lawnmoore.com, Thanks!

Last edited by LawnMoore; 08-06-2010 at 09:56 PM.
Reply With Quote
  #9  
Old 08-07-2010, 01:31 PM
MountainViewGreenskeeper's Avatar
MountainViewGreenskeeper MountainViewGreenskeeper is offline
Senior Member
 
Join Date: Jan 2010
Location: Mesa, AZ
Posts: 473
Rep Power: 5
MountainViewGreenskeeper is on a distinguished road
Default

Quote:
Originally Posted by LawnMoore View Post
Oh and again, running a business is like having 3-5 part time jobs! Marketing,sales,inventory,management,labor,etc.. sometimes it feels like more than 5 different jobs lol..
thats the truth....

Anyways i dont really have an answer to the original question but its a thought that crosses my mind once a week or so. i am experiencing sucess in my eyes but i worry what could go wrong. i dont remember the statistic but its what 50% of businesses fail in the first 5 years. I dont want to be part of that group that fails so I am constantly looking at my action to prepare for concequences. Maybe i just over think things some times but this is my life. If this fail I fail. obviously im young enough to recover from this but i have ambitions as to where I want to take my business.

As steve was saying maybe it those childhood dreams that push me forward with this stuff. and I havent lost those dreams from adulthood yet. dont get me wrong there is a certain amount of realism in those dreams now.

Idk I feel like Im rambling now.....
__________________
Colton
Mountain View Greenskeeper proudly offering yard care in the East Valley of Arizona.
Reply With Quote
  #10  
Old 08-08-2010, 03:22 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,504
Rep Power: 10
Steve has disabled reputation
Default

What kind of advice would you have to offer the average person, working a fulltime job who dreams of running a business?

How should they even get to the point where they can find at least something they could do as a business, even part time?

Where should they look for ideas? What if they have no interests other than not wanting to work a full time job any further? What do they do? How do they find an interest to see if they even like it?

As you look around, do you feel most people who work full time jobs, have interests or do most of them not? Full time jobs seem to be designed to suck the life out of you and when you feel your life being sucked away, you tend to not do anything besides that but eat and sleep, in order to be ready to do it all again the next day.
__________________
- 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
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

Similar Threads
Thread Thread Starter Forum Replies Last Post
Why did your friends business fail? Steve General Business Discussions 6 06-05-2009 06:40 PM
People WILL Fail With a Lawn Business pnplawn Franchise Building, Entrepreneurs, Business Leaders, & Innovators Discussions 1 11-30-2007 01:27 PM
Be willing to experiment and fail! Steve General Business Discussions 3 01-29-2007 03:48 PM
Top 17 reasons why LCO's fail Steve General Business Discussions 0 08-25-2004 11:15 AM
why do companies fail? 1manCrew General Business Discussions 9 06-25-2003 09:53 PM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Organic Lawn Care...
NHray
10-17-2014 06:05 PM
Today 05:47 PM
by NHray
2 256
Dealing With Gas Can...
Mr. Mow
Today 01:41 PM
Today 05:17 PM
by stevef1201
1 38
Hi Steve From West...
Mr. Mow
Today 01:59 PM
Today 01:59 PM
by Mr. Mow
0 32
Cheapskate Landlord...
Mr. Mow
Yesterday 06:33 AM
Today 01:50 PM
by Mr. Mow
8 192
What parts do you carry...
Just for Cuts
10-17-2014 09:08 AM
Today 01:36 PM
by Mr. Mow
16 554
Jungle to Beautiful
stevef1201
10-17-2014 09:54 AM
Today 01:26 PM
by stevef1201
11 390
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
Today 01:19 PM
by ExtremeLawncareServices
158 11,217
Pressure Washing Like a...
TNTurf
08-01-2014 11:47 PM
Today 01:12 PM
by SGL1
6 628
Sunny Beach Tennis...
SGL1
10-19-2014 11:24 PM
Today 01:04 PM
by SGL1
4 162
Leaf Box & Loader Set...
ringahding1
Today 06:20 AM
Today 12:20 PM
by Steve
1 57
Have you ever had to...
SouthernRootsLawnCare
07-26-2014 02:41 PM
Yesterday 08:34 PM
by biglee
10 1,700
Hello, from TEXAS
sanchez5
10-17-2014 09:56 PM
Yesterday 06:15 PM
by Steve
3 264
Look out Bob Villa -...
Mr Dave
09-30-2014 10:06 AM
Yesterday 05:42 PM
by SGL1
7 1,224
how to fi d commercial...
mchampion319
10-19-2014 09:50 PM
Yesterday 04:41 PM
by Steve
1 137
Hello From Tennessee
mrmann901
10-17-2014 10:02 PM
Yesterday 04:24 PM
by Steve
1 214
questions on order to...
jack2048
10-13-2014 11:15 AM
Yesterday 03:27 PM
by Mr. Mow
15 645
This sucks...
Matther777
09-18-2014 04:56 PM
Yesterday 02:14 PM
by Steve
14 2,090
Cement mixer
KevinsLawns
10-15-2014 08:03 PM
Yesterday 02:11 PM
by Steve
7 389
Hello ! New guy Rob here
RWorthley1
10-17-2014 04:05 PM
Yesterday 02:09 PM
by Steve
1 228
first year update
cmdlawncare
08-12-2014 05:41 PM
Yesterday 02:07 PM
by Steve
3 1,208
Pda
stevef1201
10-18-2014 02:05 PM
10-19-2014 11:27 PM
by SGL1
2 209
Snow Blowing
gwilson98
10-12-2014 02:21 PM
10-17-2014 02:51 PM
by Steve
6 570
Spreading Weeds?
WesleySnips
07-27-2014 09:46 PM
10-17-2014 07:49 AM
by SGL1
6 873
Grasswhoopins.com Anyone...
GRASS WHOOPINS
06-21-2011 11:38 PM
10-16-2014 01:30 PM
by ExtremeLawncareServices
42 9,229
I Want to buy old...
ExtremeLawncareServices
10-10-2014 10:04 PM
10-15-2014 09:12 PM
by ExtremeLawncareServices
6 611
Say Hello !!!
Steve
03-19-2007 11:18 AM
10-15-2014 06:43 PM
by NHray
1,190 339,932
Workmans compensation...
CDLAWNCARE
10-15-2014 08:05 AM
10-15-2014 02:57 PM
by Steve
2 355
Do you find weed eating...
chuck2s
10-15-2014 02:10 PM
10-15-2014 02:10 PM
by chuck2s
0 324
Incorporating &...
WesleySnips
10-01-2014 09:39 PM
10-15-2014 01:37 PM
by kslawn
20 1,412
Falling into business
stellarmowing
09-28-2014 04:35 PM
10-15-2014 05:57 AM
by ringahding1
8 1,435
Apartment Complex and...
lxarth
06-22-2011 01:10 PM
10-14-2014 06:25 PM
by jrs.landscaping
42 9,518
I LOVE hedge trimming
stevef1201
10-13-2014 09:05 AM
10-14-2014 01:06 PM
by Steve
5 456
Help with seeder...
ExtremeLawncareServices
10-09-2014 07:39 AM
10-13-2014 08:09 PM
by ExtremeLawncareServices
5 620
The Market watch
WesleySnips
10-12-2014 08:47 PM
10-13-2014 05:40 PM
by SGL1
3 460
Help pricing a large...
Bradcook21
10-07-2014 06:49 AM
10-13-2014 02:00 PM
by Steve
7 807
leaf removal
Double J LLC
10-03-2014 04:24 PM
10-13-2014 06:46 AM
by Billy Goat
19 1,437
Acerage Rake
acrajchel
04-23-2014 07:23 PM
10-12-2014 10:53 PM
by SGL1
2 773
John Deere z235 Deck
WesleySnips
09-29-2014 06:02 PM
10-12-2014 06:20 PM
by kslawn
25 1,578
Credit card contract
SGL1
10-06-2014 05:31 PM
10-12-2014 03:40 PM
by SGL1
18 995
Truck craft dump bed...
ExtremeLawncareServices
10-04-2014 08:41 PM
10-10-2014 11:35 AM
by Steve
7 898
First Time River Rock...
berryjam
10-09-2014 06:09 PM
10-10-2014 11:08 AM
by Steve
2 549
West cost lawn prices
SGlawncare
10-09-2014 09:51 PM
10-10-2014 11:03 AM
by Steve
1 536
Question?what should I...
dalvan0
09-24-2014 11:10 PM
10-09-2014 05:58 PM
by kslawn
28 2,069
Mowing the hills
EyeCatchersNow
07-08-2014 12:22 PM
10-09-2014 04:19 PM
by Just for Cuts
25 2,931
snowplowing
jshak40
09-01-2014 07:20 AM
10-09-2014 02:21 PM
by Steve
25 3,579
Changing Scag Freedom Z...
maggiedavidson
10-06-2014 12:24 PM
10-08-2014 06:34 PM
by ExtremeLawncareServices
7 784
The most dangerous part...
Steve
10-06-2014 02:45 PM
10-07-2014 04:18 PM
by ExtremeLawncareServices
3 765
Good Mower
jack2048
10-04-2014 05:34 PM
10-07-2014 01:05 PM
by Steve
7 849
Mulching fad killing...
Tree geek
10-06-2014 08:37 PM
10-06-2014 08:37 PM
by Tree geek
0 668
Help a brother...
tbtigers03
09-28-2014 11:41 AM
10-06-2014 02:53 PM
by Steve
11 1,393
» Popular Tags
4wd apartment bid apartment lawn care estimate applying bob villa bush charge christmas commercial deliquentaccounts demonstration employee problems exmark ferris first truck georgia gopherhaul gravely hardscapes holiday honda how much to charge how to hydraulic 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 brass outdoor lights managing a lawn care business marketing mechanic monthly mowing mulch mulch price new business patio install podcast property management company push versus ride savannah scag scag v-ride seo shell snow plowing starting a business starting a lawn care business start up lawn care business steep lawns stihl sulky 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 06:54 PM.


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

All times are GMT -5. The time now is 06:54 PM.

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