Originally Posted by recessionslawncare
It funny because I'm 21 going in to my 3rd year in business and if I don't reach my goals I'm done with it to. But I wanted to stop by and say that I have learned that it's not so much as to doing the jobs. You need to focus more on your internet image and customer service. In the digital age everyone is one the web meaning you need to be on the web too everywhere. I have signed up for more classifieds and free posting areas then i can remember but I see the results later down the line. I have started researching more about seo, marketing, customer service, and web design to ensure I can do everything my business is requiring of me before I give it up. So my advice to you would be keep moving forward and to self-educate yourself to know the how to of your entire business. the money will come with everything else the most important thing is the research.
at 21 years old i think you are getting way to ahead for yourself.
it takes years to put together a money making machine and it takes years to learn how to do that.
i applaude your drive because that is one of the most important aspects of being a business owner but patience is also key.
unless you are looking to build something up to turn it around and sell it to move on to something else i suggest you do that something else now.
otherwise it's a marathon not a horse race. all the effort you put into it now while your young will pay dividends when your older and more established.
all of what you go through now will educate you and make you better.
i am 45 years old and i been doing it since i been old enough to have working papers. i started my business when i was 22 and i always made a buck but it took until i was in my mid 30's until i figured out how to make real money.
you should be happy that in this economy in your 2nd year you grossed 50 k
right now i would suggest evaluate what you have equipment wise and determine how much more it can do. you also need to increase your work load and focus on specific area's and promote yourself with flyers and get talking to people.
walk into some management companies and bring some literature and cards and introduce yourself and tell them about your business and let them know if they need a new contractor to not hesitate in giving you a try.
also try to do what you have in the most efficient way possible with the least time and cost. if you can cut payroll and do it yourself as well as take care of business then do that.
i had to work a night job to stimulate my economy as well as take on a winter job in the early years.
it may take longer then you plan, and it always does. but if you show progress each year and are further along then you were the year before then you are doing all right.
don't put too much into the experts and their 3 to 5 year make or break period because most of these experts never started a landscape business and have no clue how fierce the competition is as well as landscapers get today what they got 20 years ago for their work.
with that said it is still a lucrative business but it takes time and a lot of effort and the only way to make money is by increasing volume which usually results in needing more equipment which in the end all revolves around you marketing your business in the best and most efficient way.
get the work and everything else will follow if you play it smart,
when you are making money everything else is so much easier.