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: 36,371
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
Getting lowballed!
PineHillLawn
06-27-2012 07:23 AM
Today 05:18 PM
by jrs.landscaping
21 4,601
Tribulations of working...
stevef1201
09-13-2014 08:37 AM
Today 05:16 PM
by stevef1201
3 185
Non-Stop Summer?
SouthallMowing
Yesterday 10:51 PM
Today 05:12 PM
by brian'slawncare
2 88
Lowballers scrubs &...
Darksteel
01-13-2014 07:35 AM
Today 04:34 PM
by SGL1
52 6,348
Poll - net income
Dan5082
11-15-2010 08:08 PM
Today 03:53 PM
by jrs.landscaping
9 2,970
thinking about throwing...
veteranslawncaresystems
09-09-2014 10:31 PM
Today 03:41 PM
by Steve
12 587
Compare this summer to...
Steve
09-03-2014 12:52 PM
Today 03:39 PM
by Steve
13 883
Help With Snow Blowing...
Robertf31
09-13-2014 10:55 PM
Today 03:20 PM
by Steve
6 238
Hello
Robertf31
09-12-2014 10:34 PM
Today 03:17 PM
by Steve
2 212
Newbie......Again
Jibber
09-13-2014 12:17 PM
Today 02:54 PM
by Sprinkler Buddy
2 182
snowplowing
jshak40
09-01-2014 07:20 AM
Today 02:41 PM
by Steve
19 1,077
Replacing a Shindi T-27
Dan Tanner
09-13-2014 12:59 PM
Today 02:31 PM
by Steve
1 151
need help with starter...
GoGreenerKS
09-12-2014 04:23 PM
Today 02:25 PM
by Steve
3 230
Brake job!
kslawn
08-30-2014 07:49 AM
Today 02:16 PM
by Steve
12 926
Hello
jawnebgoode
08-28-2014 08:37 PM
Today 02:15 PM
by Steve
3 728
Employee uniforms
Gerardo_Landscape
01-21-2014 11:11 PM
Today 02:12 PM
by Steve
5 841
Greetings from the north
Northwoods Outdoors
09-13-2014 08:55 AM
Today 02:07 PM
by Steve
1 166
darleneh
darleneh
Today 12:33 PM
Today 02:07 PM
by Sprinkler Buddy
1 38
My 1st bid
WesleySnips
06-11-2014 03:13 PM
Today 02:05 PM
by Steve
29 1,613
Price to apply fertilizer
SS.Lawncare
Today 11:10 AM
Today 01:56 PM
by SS.Lawncare
3 68
New Aerator
Chaz
09-09-2014 11:43 PM
Today 01:50 PM
by Steve
9 445
Yearly contract Pricing
jrob0691
08-21-2014 08:57 AM
Today 01:23 PM
by stevef1201
8 1,104
Scag turf tiger hydrolic...
ExtremeLawncareServices
09-04-2014 10:55 PM
Yesterday 03:06 PM
by ExtremeLawncareServices
8 639
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
09-13-2014 09:14 PM
by ExtremeLawncareServices
116 7,804
getting ready to start
calebmoss
05-23-2011 09:35 PM
09-11-2014 12:21 PM
by Steve
34 11,091
Stihl pull cord replace
SGL1
09-03-2014 09:22 PM
09-10-2014 12:25 PM
by Steve
9 648
Softball field
kslawn
08-15-2014 09:28 AM
09-10-2014 12:16 PM
by Steve
18 1,374
Lawn Route Templates
Landscaper1165
08-30-2014 01:52 PM
09-09-2014 08:05 PM
by Landscaper1165
4 855
New truck and trailer...
Johnny Rocket
05-14-2012 03:41 PM
09-09-2014 07:23 PM
by Matther777
18 6,449
What gets you bad press?
Steve
09-09-2014 11:48 AM
09-09-2014 07:21 PM
by Matther777
2 360
Signs on your snow plow?
Steve
01-15-2007 01:07 AM
09-09-2014 11:42 AM
by Steve
19 6,099
Exmark Lazer Z S-Series...
BLC7
08-22-2014 10:18 AM
09-08-2014 08:08 PM
by avetslawncare
12 1,149
New to the business
flamingyouth87
09-05-2014 11:52 AM
09-08-2014 11:55 AM
by Steve
3 558
Hello from Ohio
kurtwin
08-28-2014 05:06 PM
09-08-2014 11:51 AM
by Steve
7 839
Facebook
element009
03-23-2011 08:36 AM
09-07-2014 07:35 AM
by avetslawncare
24 7,605
Help pricing cut down 7...
Bradcook21
08-26-2014 11:17 PM
09-06-2014 02:09 PM
by Bradcook21
8 923
billing matters
sbuchanan8154
09-05-2014 09:56 AM
09-05-2014 03:00 PM
by Steve
3 535
Thoughts
googus
09-05-2014 07:28 AM
09-05-2014 02:23 PM
by Steve
2 496
Backflow Tester
flowcheckllc.2014
09-03-2014 04:37 PM
09-05-2014 02:15 PM
by Steve
3 573
Collections & collection...
jscarolina
09-03-2014 04:39 PM
09-04-2014 03:14 PM
by Steve
2 597
Sod
RosalesLawnCare
08-27-2014 03:47 PM
09-04-2014 02:42 PM
by RosalesLawnCare
4 846
Lawn needs top soil What...
jymie
08-26-2014 11:01 AM
09-03-2014 12:07 PM
by Steve
7 917
Hello! New here and...
CaliforniaFriendly
08-29-2014 11:30 AM
09-03-2014 11:15 AM
by Steve
4 819
Trailer tires
J.A.S.LawnService
09-01-2014 10:17 AM
09-02-2014 03:27 PM
by Steve
3 734
Mowing 7 acres
avetslawncare
08-31-2014 04:24 PM
09-02-2014 03:11 PM
by Steve
5 807
New to the industry-...
Lsmain
08-31-2014 10:53 AM
09-02-2014 02:58 PM
by Steve
1 735
Walk Behinds and Texas...
SGL1
08-26-2014 03:53 PM
09-01-2014 11:36 PM
by SGL1
7 918
Stihl engine isn't...
Marcintosh
08-12-2014 08:30 PM
08-28-2014 09:28 PM
by Marcintosh
12 1,220
Say Hello !!!
Steve
03-19-2007 11:18 AM
08-27-2014 08:33 PM
by kurtwin
1,187 333,608
How do I approach...
Bradcook21
08-21-2014 01:48 AM
08-26-2014 05:08 AM
by Billy Goat
12 1,327
» Popular Tags
4wd apartment complex auger blades butterfly gardens charge christmas lighting credit card processing customers estimate exmark ferris first truck foreman fundraiser georgia gopherhaul grass gravely growing a lawn care business hills holiday how much to charge how to bid husqvarna introduction john deere quik trac kansas city kawasaki labor cost landscape services lawn lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website lawn care website seo leaf cleanup leaf removal lighting marketing mowing mulch estimate new and restored landscapes new buisness podcast property management company pto redmax reo rotating scag scripts season seo small engine repair sprayer starting a business start up lawn care business stihl theft tips top dresser toro toro grand stand trailer trimmer rack turfgrass consulting walker
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 07:39 PM.


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

All times are GMT -5. The time now is 07:39 PM.

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