What is your idea of being a successful Lawn Care Operator? What kind of goals do you have for your business?
I think it is "money", but 5 years down the road, when a man is trusted and respected and earns a decent living...Its said, I this is true, that for the first year, a business should lose money, but at year 3, should break even...I think I would like to hear your definition of successful. I would guess we all have our own idea of what is looks like, but it does not mean that one would be right and the other wrong.
What is your idea of being a successful Lawn Care Operator? What kind of goals do you have for your business?
I think I would like to hear your definition of successful. I would guess we all have our own idea of what is looks like, but it does not mean that one would be right and the other wrong.
As previously mentioned, defining success is difficult because what may be successful to me is not successful to you. However if we look at the inverse of success, which is failure, we can better define failure as "one's inability to reach his goals, whatever they may be". So you see you'll have to set your own goals and attempt to reach them. When you reach them, you have achieved success but then you have to raise the bar and set even higher goals and this my friend is what keeps the successful people successful. Don't compare yourself to any other individual or business. Concentrate on becoming the best you can be and don't get complacent.
txzrider said:I am not in the lawncare business, But a friend of mine from a long time ago was and still is, he started as a 12 y/o pushing the family mower to houses up and down his street, by the time he could drive he bought the family station wagon from his parents with cash and kept growing his business, he put himself through college, his little brother as well. I dont know how many houses his company mows today, but I can tell you he looks successful to me. But it started by making his customers happy and gaining their repeat business. I consider him very successful. in your business work ethic and willingness to make sure the job is done right is everything. I dont use my friends service, but I always recommend him.
Setting goals for your business is fine but when you reach those goals you say you've reached success but then you raise the bar even higher but be careful about extending those goals further. To many people in the lawn business do exactly what you've said, Raise the bar.
Raising the bar means more clients and more work load, it also means more equipment and employing people/adding crews and so on. The next thing you know you have a lawn business that has over extended it self and has more overhead than income.... a prescription for failure. Raising the Bar is Risky Business
The point I'm trying to make is raising the bar is risky business. Most don't know when there well off. Raising the bar is fine like I said before but at some point you reach the point of No Return and at then what happens if you lose a couple of commercial accounts or a bunch of residential accounts because some other business lowballs you and cuts your price, it will be OOPs guys I can't make payroll or bank payments for my equipment this month and crews don't work for free.
People see lawn care businesses all over the place and like some here have said they seem to be doing well but for everyone of those businesses they see they don't see the two or three others that have gone under trying to do what you say, I see it happen everyday. Greed is always a deciding factor.
The lawn care business is one of the easiest professions or industries to get into, it is also one of the businesses with a highest failure rate. 80% of lawncare businesses fail with in 2 to 5 years.
All I can say to that is "wow, you must not have read the first paragraph in my previous post".
I read your post, I just don't agree. There's a lot more involved to the business than what you think or that you're taking into consideration. The one thing you're not considering is the cost involved in starting a lawn care business and how much it cost to keep it running. To start with you better have good credit because the cost for equipment to start with is going to cost between 5 and 6K alone. Then lets talk about the license and lets not forget Insurance but you say raise the bar and add a crew or two say two guys to a crew so we can make more money and improve the business? Now we have a total of six individuals that you have to supply Payroll, Insurance workman's compensation say nothing about supplying equipment, gas,oil, parts etc. for, can you see where I am going with this? the biggest percentage of Lawn care Businesses will end up with more money going out than coming in from raising the bar. That's why 80% of lawncare businesses fail with in 2 to 5 years.