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 did your friends business fail?


General Business Discussions

A place to talk about general business discussions.
Reply
 
Thread Tools Search this Thread
  #1  
Old 06-05-2009, 11:53 AM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,218
Rep Power: 10
Steve has disabled reputation
Default Why did your friends business fail?

Have you had friends that started businesses and failed?

What kind of business did they start and why do you think they failed? What would you have done differently or what did you learn from it?
__________________
- 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 06-05-2009, 04:13 PM
CHEESE2009's Avatar
CHEESE2009 CHEESE2009 is offline
Dr. Scott - Ruler of the Underworld
 
Join Date: Mar 2009
Location: Switzerland, Grindelwald
Age: 73
Posts: 4,475
Rep Power: 10
CHEESE2009 is on a distinguished road
Default

Lawn care business tipsLawn Care Business Book
Well several of my friends have been given great opportunities to start a successful business, but they lacked a few things.

To offer a service, it has to be needed. It just can't be some fun dream job idea. Many of my friends believe they can pull anything off, I tell them to put down the beer & do some research.

Also, choosing the right time to launch a business is crucial. Even if your idea is insane, there is always a time for it. We can't advertise lawn service in winter, but be can do snow removal & invest into lawn service.

Another thing many of my friends don't have is self support. None of them have the mindset to run a business. They can't take the initiative in turning the key in their cars, someone needs to do it for them. They aren't willing to get dirty, even if a shower is promised after.

My friends become overwhelmed when a problem pops up, they run away instead of thinking how to fix it.


I have a friend who worked at McDonalds, he quit McDonalds because it was too hard for him. He wanted a job where he could work with me, because I would protect him the best I could. The company I worked with hired him, & I was to train him.

He thought he was on top of the world, until I told him we aren't friends right now, & if he expects me to be easy on him he mind as well go back to McDonalds.

In his mind, he was happier having a friend yell at him, instead of a stranger. Even if I watched him like a hawk & yelled at him every second, he didn't give up. As a friend, he wanted to impress me, & become friends while at work. He learned that he'd have to get his act together, to make things easier & more comfortable.

So he learned that he would have to become independent & reliable, not forgetting patches in grass or forgetting to lift or lower his wheels, remembering to bag his mower etc, in order for us to get along & have a smooth day.

That is what business is like, I believe business will be hell until I learn to control it. Once I control it, I believe I will be on a joy ride.

My friend now gave up his job because he was useless during snow removal, & he moved away, with his girlfriend at her parents home.

She is now pregnant, they are both jobless, & he wants to come back & work at McDonalds. Now, if he pulled his own weight & kept up the good work. He would have more money in the bank, & he could have been a great helper in my company.

So sometimes we have the choice to overload ourselves to the point we could either give up or push forward. If he pushed forward & stuck around for snow removal, he would have had an opportunity, a career & be able to support his family. He gave up, and now he has nothing at the worst possible time. His choice to quit burned a bridge, closed a door that will never open again. He is silly, & lazy. He wants to live in a bubble forever. His attitude will destroy his life, & now that his bubble is gone, the chance of him ever gaining that comfort back is lost.
Reply With Quote
  #3  
Old 06-05-2009, 04:59 PM
CHEESE2009's Avatar
CHEESE2009 CHEESE2009 is offline
Dr. Scott - Ruler of the Underworld
 
Join Date: Mar 2009
Location: Switzerland, Grindelwald
Age: 73
Posts: 4,475
Rep Power: 10
CHEESE2009 is on a distinguished road
Default

I have a few friends & I'll tell you what they've tried out, including myself:

Scott 21 Years Old:
Lawn Service - 10.50/hr
Pharmacy OTC Manager, 15.00/hr
Day Care Monitor, 9.00/hr
Rotisserie Cook, 12.00/hr
Short Order Cook, 10.00/hr
Pharmacy Crew Trainer, 16.00/hr
Personal Trainer, 60.00/hr
Breakfast Cook, 15,00/hr
Video Game Tester, 9.50/hr
Renovations, 12.00/hr
Lawn Service/Snow Removal, 9.00/hr
BREEZE. lol

Friend #1 21 Years Old:
Paper Boy, $5.00/hr
McDonalds, $8.50/hr
Knife Salesman, 100.00/month
Computer Guy in training
this friend has no backbone, school is a shell to hide under for him, lazy.. It bugs me the most, because he is in fact my best friend. When I ask for help, he gives me lame excuses, useless scum.

Friend #2 20 Years Old:
Super Market Butcher, 12.00/hr
Mechanic, 15.00/hr
Snow Removal, 9.00/hr
Super Market Butcher, dunno
this friend has a huge brain & tons of potential, the downside is that he's really lazy & work is his last priority. I'm sure if he stuck with something, he could become successful.

Friend #3 23 Years Old:
McDonalds, 8.50/hr
Lawn Service 9.00/hr
Wallmart, dunno
this friend is a lost dog, he needs someone to hold his hand. We have all made a decision & realized that he just might be handicapped, with all jokes aside, he is very slow & not all there.

Friend #4 22 Years Old:
Lawn Service, 8.50/hr
Convenient Store, 9.50/hr
this friend is hopeless, he'll be living with his parents forever while he plays computer games all day.

Friend #5 21 Years Old:
Telemarketing, 10.00/hr
Owner of a Telemarketing company
this friend was going to partner with me, & we would start BREEZE together. We both got kicked out of school at the same time & had to find work, & working together sounded great. It's too bad I couldn't trust him, I didn't want to argue or watch ourselves fail over his stupid decisions. He has no experience in the field so I told him I'm going solo. We are both leaders, & to work together would cause too much friction. He now owns his own business, & he's pretty successful at what he does. Though he has no friends, his family is gone, & now he is one lonely young guy. I hear from him once a year, & now I never hear from him. He was into scamming people, the most evil telemarketer ever. Apparently several companies have now been raided & owners arrested. Could he be one of them? Hmm..

The reason I believe I have more power to start a business over my friends, is because I left school & tried several things, learning how to perfect myself in several jobs before I stuck with one. I still managed to get my high school leaving papers a few years after leaving school.
Reply With Quote
  #4  
Old 06-05-2009, 05:52 PM
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

Quote:
Originally Posted by Steve View Post
Have you had friends that started businesses and failed?

What kind of business did they start and why do you think they failed? What would you have done differently or what did you learn from it?
Many, many, many and as a former banker I have seen many good business's fail.

Generally it is due to not sticking to the financial plan, poor financing, lack of working capital, marketing research was off.

The #1 thing that I have seen kill a business is growing too fast, spending way beyond the means of the cash flow, borrowing without thinking it through.

It's a balance and it takes a lot to make a business successful, as an owner you have to have a big tool box of skills to pull it off.
Reply With Quote
  #5  
Old 06-05-2009, 06:30 PM
swstout's Avatar
swstout swstout is offline
Steve
 
Join Date: Jan 2009
Location: Canastota, NY
Age: 65
Posts: 1,082
Rep Power: 7
swstout is on a distinguished road
Default Failures

Quote:
Originally Posted by Steve View Post
Have you had friends that started businesses and failed?

What kind of business did they start and why do you think they failed? What would you have done differently or what did you learn from it?
Yes, quite a few!

1 Jerry - Jerry started a personal protection business selling personal protection devices. He bought a great deal of Tear Gas devices. some on keychains and others that were larger. His demand was great. Unfortunately, he didn't check the business out before jumping in (he spent about $2,500.00 on product) only to find out they were illegal in the state. His marketing program directed the police right to him. He now has a Stanley Steamer business and is doing well.

2 Joe - Joe started a disc jockey business. Started out with plenty of small jobs. Did wedding receptions, parties, etc. Joe unfortunately could not run a business anywhere they served alcohol. Nuf said.

3. Susan - Sue started a house cleaning and maid service. At first she did all jobs herself but soon grew beyond he capabilities. She set up a second service vehicle and then a third. Financed the best of the best equipment and hired personnel. Sue was not an organizer and a poor judge of people. Both of her hew workers were caught stealing! She never recovered.

4 Jim - A CPA. Had the training, the credentials, knowledge. But, Jim was not a go getter. He couldn't manage his time, or his lack of ambition. He is still a CPA but he works for someone who tells him what and when to do the work. He was opposed to working more than 40 hours per week especially for himself.

5 Steve - Steve's Quick change. Steve took over his father's repair shop. Saw quick easy money doing oil changes. Steve was lazy! He opened about noon and rarely ever stayed after 5. If he wanted to go hunting, well, he just didn't open. Missed appointments, turned business away if he thought it was getting late, and never opened on Saturday. He had the business but didn't capitalize on it. By the time he paid his utilities, insurance, taxes there was nothing left.

With the exception of Jerry, all did not have the mindset, the ambition, or the commitment to run a business. You have to research the business, investigate the people you hire, be committed, and be willing to put in all the extra effort required. Running a business isn't a 9 to 5 operation. Continue your education, emulate those who are successful, and align yourself with other such businesses - like this forum.

Steve
__________________


Reply With Quote
  #6  
Old 06-05-2009, 06:32 PM
Steve's Avatar
Steve Steve is online now
Administrator
 
Join Date: May 2003
Posts: 36,218
Rep Power: 10
Steve has disabled reputation
Default

Quote:
Many, many, many and as a former banker I have seen many good business's fail.
Do any stories stand out in your head that you could share with us as examples?
__________________
- 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 06-05-2009, 06:40 PM
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

Quote:
Originally Posted by Steve View Post
Do any stories stand out in your head that you could share with us as examples?
I have a close friend that started an electrical business, man he is a go getter and a work until you drop kind of fellow, personality plus, lost his business, home and eventually his wife left, his issue was quite simple, he could not say no, got in over his head and his receivables were out of control.

Scott is another friend, very good deck builder, he bought so much gear the first year that he didn't plan for the winter months, had no cash, lost everything.

My X had a friend that started a book keeping service and she knew her stuff, work was bang on, her personality however turned people off, I personally didn't care for her much, not sure exactly what it was but man she just rubbed people the wrong way.

I should have added receivables in my first post, that after giving this some thought is the number 1 business killer I have seen.
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
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
Do Friends & Business Mix? Steve General Business Discussions 0 06-12-2006 05:02 PM
Friends in business? Steve General Business Discussions 23 03-28-2006 01:11 AM
Top 17 reasons why LCO's fail Steve General Business Discussions 0 08-25-2004 11:15 AM

» Recent Threads
  RatingTitle, Username, & Date Last Post Replies Views
Employee wont return...
Prolawnofchatt
06-13-2014 03:12 PM
Today 09:59 PM
by WesleySnips
5 536
These are the days on...
ExtremeLawncareServices
03-22-2014 09:12 AM
Today 09:40 PM
by ExtremeLawncareServices
87 4,878
Buy a good company at a...
Steve
03-12-2011 06:38 AM
Today 08:22 PM
by WesleySnips
1 1,662
Mow and leaf cleanup bid
SGL1
07-29-2014 07:28 PM
Today 07:14 PM
by SGL1
23 296
Pressure Washing...
WesleySnips
Today 06:13 PM
Today 06:13 PM
by WesleySnips
0 22
Echo Edger 'Neutral'
WesleySnips
07-25-2014 05:28 PM
Today 05:58 PM
by WesleySnips
5 208
trimming back shrubs
WesleySnips
Today 06:14 AM
Today 01:08 PM
by WesleySnips
3 68
Late charge
Simon Abousaada
Yesterday 07:23 PM
Today 12:41 PM
by Steve
2 73
Building credit
Matther777
07-27-2014 05:20 PM
Today 12:36 PM
by Steve
12 273
Need input on a bid
phlawncare
07-28-2014 08:51 PM
Today 05:08 AM
by kslawn
7 208
New from Texas
Livingston Lawn Care
07-25-2014 11:17 AM
Yesterday 01:03 PM
by Steve
5 216
Single tree, mow customer
WesleySnips
06-27-2014 10:12 AM
Yesterday 12:31 PM
by Steve
17 748
Formulas Used
BaileynSamsMum
07-29-2014 06:40 AM
Yesterday 12:19 PM
by Steve
3 149
Spreading Weeds?
WesleySnips
07-27-2014 09:46 PM
Yesterday 06:29 AM
by kslawn
5 185
Will summer ever come
ExtremeLawncareServices
07-29-2014 08:27 AM
07-29-2014 08:29 PM
by SGL1
5 142
From Concord NC
SouthernRootsLawnCare
07-26-2014 02:34 PM
07-29-2014 02:28 PM
by Steve
3 147
Have you ever had to...
SouthernRootsLawnCare
07-26-2014 02:41 PM
07-29-2014 02:28 PM
by Steve
4 199
Left handed edging with...
SGL1
07-23-2014 08:59 PM
07-28-2014 07:39 AM
by SGL1
15 386
Echo PE 266 edger
stevef1201
07-01-2014 01:28 PM
07-27-2014 10:14 PM
by WesleySnips
5 395
Texas lawn care company...
Livingston Lawn Care
07-25-2014 11:29 AM
07-27-2014 08:16 AM
by Just for Cuts
7 236
need some help geting...
dalvan0
07-13-2014 09:28 PM
07-26-2014 04:39 PM
by BLC7
7 384
new trailer help
mattthelawnguy
07-11-2014 08:21 PM
07-25-2014 06:31 PM
by mattthelawnguy
13 584
You know it;s gonna be a...
stevef1201
07-25-2014 08:50 AM
07-25-2014 01:34 PM
by Steve
1 144
Customer letters
kslawn
07-23-2014 06:17 AM
07-25-2014 01:20 PM
by Steve
5 272
Got my first lawn job...
SGL1
06-11-2014 09:19 PM
07-24-2014 07:09 PM
by SGL1
29 1,356
Need help determining...
Jbss861
07-20-2014 02:33 PM
07-24-2014 01:11 PM
by Steve
13 461
Should I ?
googus
07-22-2014 04:06 PM
07-24-2014 12:10 PM
by Steve
4 292
My First Apartment...
SSLCtn
05-26-2014 10:17 PM
07-24-2014 06:46 AM
by kslawn
15 980
Crop Rotation Techniques...
eastsidelandcare
07-17-2014 03:47 PM
07-24-2014 06:38 AM
by kslawn
3 272
Selling lawns like...
eastsidelandcare
07-17-2014 03:51 PM
07-24-2014 06:28 AM
by kslawn
3 333
Scag new "Eliminator"......
ExtremeLawncareServices
07-20-2014 10:45 AM
07-23-2014 05:37 PM
by Just for Cuts
9 391
need professional advice...
Fiddlers_green
07-20-2014 07:21 PM
07-23-2014 12:42 PM
by Steve
3 275
new to me box truck
jrayb39667
03-06-2014 10:20 PM
07-23-2014 12:40 PM
by Steve
15 1,507
Lawn Service back in...
LawnCareMan280
07-18-2014 09:00 PM
07-23-2014 11:48 AM
by Steve
4 302
Overspray?
stevef1201
07-21-2014 04:20 PM
07-23-2014 11:39 AM
by Steve
3 211
Hello Everyone! Newbie...
SLKlawn
07-17-2014 06:22 PM
07-22-2014 01:53 PM
by Steve
6 357
Proper height for lawn
rob lederhilger
05-26-2014 08:01 AM
07-21-2014 02:53 PM
by LawnDoctor
9 724
Blade sharpener
Just for Cuts
07-04-2014 12:31 PM
07-21-2014 01:48 PM
by Steve
9 584
What's my business worth?
Chaz
07-16-2014 01:35 PM
07-21-2014 01:45 PM
by Steve
4 366
1.5 Acre Jungle
WesleySnips
07-15-2014 05:57 PM
07-20-2014 11:31 AM
by ExtremeLawncareServices
21 713
Gopher schedule software
Ray
07-18-2014 04:13 PM
07-18-2014 04:13 PM
by Ray
0 262
2006 Chevy fuel pump...
KevinsLawns
07-17-2014 08:39 PM
07-18-2014 11:51 AM
by Steve
1 252
Halfway point of year!
Steve
07-01-2014 12:08 PM
07-18-2014 11:38 AM
by Steve
14 819
I got told to leave and...
gwilson98
06-16-2014 02:07 PM
07-17-2014 11:43 AM
by Steve
16 1,136
Hey guys this is the...
prmenter@gmail.com
07-07-2014 08:23 PM
07-16-2014 08:10 PM
by ExtremeLawncareServices
28 874
Mowing the hills
prmenter@gmail.com
07-08-2014 12:22 PM
07-16-2014 05:00 PM
by Just for Cuts
18 795
Say Hello !!!
Steve
03-19-2007 11:18 AM
07-15-2014 05:38 PM
by icon2000
1,184 322,058
Classified Ad Template...
bcfb
06-05-2013 02:40 AM
07-15-2014 11:16 AM
by Steve
15 3,820
Husqvarna pz 60
CDLAWNCARE
07-06-2014 06:50 PM
07-15-2014 08:53 AM
by kslawn
10 534
Lowballers
Chaz
07-11-2014 03:55 PM
07-14-2014 12:27 PM
by Steve
5 438
» Popular Tags
4wd advertisement apartment bid article marketing auger bid butterfly gardens charge christmas lighting christmas light service courtesy call customers decorating escrow estimate exmark ferris first truck fundraiser gopherhaul grass gravely gravely 34" zero turn hills holiday holiday decorating holiday lighting how much to charge introduction john deere quik trac lawn lawn care lawn care business book lawn care business seo lawn care business show lawn care business website lawn care business website seo lawn care website leaf lighting managing a lawn care business marketing mow mulch new buisness new mower outdoor environments payment podcast property management company push versus ride redmax reo scag scripts seo snow starting a business starting a lawn care business start up lawn care business steve stihl subcontractor theft toro trailer turfgrass consulting walker winter zero turn
Powered by vBadvanced CMPS v3.1.0

All times are GMT -5. The time now is 10:37 PM.


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

All times are GMT -5. The time now is 10:37 PM.

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