10 Years of Brutally Honest Business Advice in 43 Minutes
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- Опубликовано: 21 окт 2024
- 10 Years of Brutally Honest Business Advice in 43 Minutes
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#entrepreneur #businessowner #MikeAndes
If you enjoy this type of content, let me know in the comments. What topics would you like me to cover?
I like long form advice like this. I know it’s harder to make but it’s very knowledgeable
Someone mentioned legality issues when a lawsuit arises! I’d like to see a video on this.
This type of contact is great, imo
Im trying to break through manager/part time labourer role and into builder/architect. Work on the business not in it.
Been at it for 13 years, it’s time! 😅
I'm new to the business but all I hear is Credit Card On File and for a new Guy I Don't know how and where to start
What was the outcome from when that guy wrecked the company truck?
Imagine the millions of not Billions of dollars made by listening to Mike, I mean thousands of people impacted by literally listening to another man’s journey and recommendations. Give this dude a sub, like, thumbs up, hug, kiss, something, Mike you are truly a blessing to our community. Thank you
First time I’ve been offered hugs and kisses 😂😂😂
Thanks man! Much appreciated!
- Hard work 3-5 years
- Sales and Hiring
These are my 2 big takeaways. Just listened to it twice. Really appreciated this one. Thanks Mike 🙏
Boom! Fancy fails, simple scales 🫡✅💛
@@MikeAndesgood saying 😂💪
Your analogy is so spot on. That foundation is so painful to build. I’ve wanted to give up so many times. Working so long with nothing to show. But after 2 1/2 years I can see it now.
DIG. BUILD. BURY. Time to start building that tower baby!!! LETS GO! Congrats on the hard work!
Bro. You are incredibly passionate and intelligent. Your videos are a godsend right now this time in my life.
I'm rebuilding a company I ran for 10yrs and regrettably sold.
Been out the game for 5 years and using your videos to put together a system and fast track timeline.
Sales are EVERYTHING
Go get em! Thanks for watching!
Your videos are very informative and straight to the point. Other RUclipsrs should take notes 📝
Can't thank you enough for this video. Just went through a 2 month ankle sprain and need to rebuild our systems and foundation. Needed this cheers
Building a foundation for a business is not 'going down'. Every step I take to laying the foundation for my business is extremely satisfying. It's like putting a puzzle together; every piece you find is a rewarding moment and brings you one step closer to completion.
This is so true. This is year six and I am finally seeing the results that I have wanted to see. Super difficult but so worth it.
ABSOLUTELY LOVE this channel, I am in the Foundational Building (2nd year) of my pressure washing business, but most of this information applies just as well. Most "pressure washing" channels are just guys showing how to get started, or guys wanting to teach growing and scaling like Mike Andes does but minus the Depth & Quality of Information and Content he provides. THANKS MIKE 💯💪🙏
Would love a video on how to deal with legal issues when a lawsuit arises and how a small business should deal with it. Thanks Mike!
If your an LLC in most states you cant represent yourself, your forced to get an attorney to represent the company. so at the point you get a lawyer, keep ya mouth shut dont talk about it and let the lawyer handle everything. from experience, never talk to the employee, customer, or whoever is sueing ya and if they contact you the only words you say is "talk to my lawyer" and ignore them. If you didnt form an LLC, its a nightmare and I still advise a lawyer cause yea its expensive, but if you messed up bad enough to get sued, without an LLC be prepared to lose everything or have a lien on everything so you can never sell nothing [if you lose] longstory short, never ever as a small business represent yourself, its like riding a pogostick blind through a minefield.
Mike can’t tell you how much I needed this right now. Listened to it while working. By myself started last year and I have 27 years experience in every part of Landscaping. Constantly thinking is this the right thing an I doing a good job an I taking too long I need more customers but I’m not advertising but why am I not getting them. I see other companies getting work and I keep thinking why can’t I get that. Blah blah blah. It was a good pep talk
LETS GOOOOO! Furthermore, due to your name, you will be successful!! LOL
@@MikeAndes hopefully! lol
Your speech on the foundation is absolutely brilliant.
Mike year five it’s been a roller coaster thank you for every video you’ve posted and everything you do for this industry !
Thanks Anthony! 💛💪🏻
We're trying really hard. We have dedicated years to this craft. We have been mocked and laughed at due to our profession as the people who mow-your-lawn. Then I remember that it has happened to every entrepreneur, and none of use are the exception to that kind of treatment. Thanks Mike for being a gold mine for all of us. :) God Bless.
Mike you’re content is invaluable. Thank you as always! I should be paying your a royalty.
LOL we take cash, check, or card. Thanks brother!
It's amazing how much valuable information is being put into your videos. You are operating on another level. Thanks for sharing this. 🙏🏻
Starting 3rd year on pace for 400k 20% profits 🙌🏼
Let’s goooo!
I’ve listened to this on repeat all day while on jobs.
I’m making so many of the mistakes you mentioned.
Time to fix them
My oldest son is wanting to start his own business. I referred him to your channel. You put out great information.
Thank you! Wishing him all the best!!
I watched the whole thing - great video Mike! Appreciate all the great advice you consistently share with us mere mortals 🙌🏼
Dude I mow solo and I’ve had a tough time growing clientele.
Going back employee with my uncle and aunties lawn care business.
I also feel they helped me get into business with the experience they provided. I will continue to grow my own business while helping them and making extra money.
You can't work in the business and on the business
@@MarketingStrategies28also have to pay the bills and can’t afford marketing right now
I will listen to this on repeat.
Glad it was helpful! Let me know if there are specific topics you would want me to go deeper on
I love this type of content, I believe this would be great to add in between the turn around videos! Keep it up man, you’re killing it 🎉
Very inspiring for a young guy hustling digging In the dirt trying to build that skyscraper
these are the type of vids i love from mike !!!
Thank you for watching! I'll keep doing it if it brings value
Mike gives real knowledge. Priceless advice!!
Probably one of your best videos.
Really? I thought it was a bit rough since new to the format. What stuck out to you? Anything I could drill in on that would be helpful?
Wow I remember what I think was Augusta’s 1st location by a taco truck off of Guide Meridian in Bellingham .
Congrats Mike very impressive what you guys have become
Cool, thanks!! PNW local!
Well said. 👍 the foundation was brutal but man it’s nice to have. I love the stability.
Mike, my husband is in landscaping so your content intrigued me! I also found that a lot of it is useful in my side business - house keeping.
I guess this applies to all, but as you were speaking about hiring, how do I hire help without feeling like they’re capable of going out there, finding clientele and doing the exact same thing I’ll train them to do.. (I have no debt so not able to quite say that I need to pay for equipment). Feels like I’m using the help in a way.. making profit just cause I have great results (which will be delivered by an employee at that point..)
Having trouble hiring since I can’t get over the road block
Its also a reminder to keep the equipment safe or take it out of service. What if an employee was under the truck and was injured. Its still a liability.
100% dumb decision on my part
Mike preaching truth like fire 🔥🔥🔥
This is good, deep wisdom!
Thank you sooo much for this!!!
Thanks for all the info in all your videos subbed yesterday.
Thanks!!
@@MikeAndes Thanks its alot of info thats somehow imbedded in mind set already but its nice to hear someone who thinks alike.
You’re a DAWGGG 👏🏿you got that beast man thanks for that information
Been stuck in manager mode for too long. And also labourer.. trying to grow into builder/architect!
YOU GOT THIS! LETS GOOOO!
Absolutely great info! Hopefully we get your CRM up and running here soon!
Great advice, Thank you Mike !
Staying consistent is the main key to success
I would like you to cover easy fall clean up ways and hanging Christmas lights . Appreciate you Mike and all the content 💯💯
You got it. Noted!
Great advice this is the way every business should be ran, I wish i would have seen your vids in 88 to 97, Fire sprinkler business
working for a homeowner is one thing working for general contractors is another, 60-90 day pay if your lucky, occasional 30 day pay I can go on and on, Bottom line I was not charging enough to get past any gate. Great advice , this video highlight the mistakes I made. You got past them and succeeded. Congratulations. Its a tough game being self employed.
Dang. Needed this. I know I’m at a pinnacle time in my business where I’m going from labor to manager. Sales and hiring. Got the work hard down.
Fantastic insights!
Mike is on fire🔥 I love it!
I will turn up the AC next time
Thank you Mike
Good stuff. Keep it up 👍
Very Very informative Mike- These are thoughts that most people don't talk about, I think I'm at a point where I can spring board out the truck because I don't have much debt in my business, And I have a very reliable employee as well, So I have the ability to hire at any time. After this year i'm gonna look at getting out of the truck
Awesome, how is the Command Center coming is it completed.
Hormozi style , love it
"Replicate before you iterate" =)
@@MikeAndes This man don't miss! 🔥😎
16:21 the acceptance of others taking care of the work is TOUGH but absolutely necessary.
Great video Mike! Those triceps are massive my guy😂
Rockin the hormozi thumbnail
Do you have a business degree? You are definitely preaching the things i learned in college.
Love the Brain food topic most effective way's to build up others whale taking things off of the leaders plate
So, the takeaway is scale, or get impaledl?
Kidding, that was accurate and honest, but what else would we expect from you, Mike.
Chorus - Oly, WA
How did you cope with your emotions during this foundation period? Any tips on how to deal with it other than to push through?
Bacano hermano. De verdad lo sientes tu certeza estremece!!!!
Excellent video mike! Appreciate you brotha.
This is good.
Thanks brother! Been loving your recent videos 💛💪🏻
@@MikeAndes Thank you! Please share a couple good reads or podcasts on management. Forgive me if they are mentioned later in this video… I haven’t had a chance to finish yet.
Thanks Mike that's gold focus 100% on what works your a legend. I'm doing the figures to scale to a 1m business and still come out with 350k profit with 5 employees what am I missing. You said you only make 10-15% profit
This video might be helpful: ruclips.net/video/YIQoZrm111Y/видео.html
True story!
Been gone hard since 2021 best thing I could have ever did
Let’s goooo!
That feeling when starting out is very accurate nobody sees all the stress, lost sleep, arguments with the spouse, struggling to pay bills etc.
Then when you get it all together, you have guys talk smack cause the “boss is on vacation again” or takes take a few days off.
We tend to hire too slow especially management.
Going through that right now
Mike, are you still running with 30" mowers exclusively on your solo set ups?
This is great advice
Thank you
LET’S GOOO!!
really helpfull.. thanks!👍
You are cooking, saw you on the upflip channel and then one of your videos popped in my feed, and man 🙌🙌🙌 I’m a contractor I only wish you had a video about that😢
Anything specific you want me to cover?
@@MikeAndes maybe a buisiness review for a more general construction type company ie flooring, gc, drywall, etc or about how to scale a contracting business from one crew to more. now I am on the tools working with my father and one guy and I want to take us to the next level, started by making an Instagram and trying to do more promotion but anything in this regard would be great :) subhbed with notifications on my company name is elitewalls
Mr Andes my name is Yisrael. I have a hard time getting people to work in this type of business. I live in the South. Do you have any suggestions to help me. I only need one person. I have been in the business about 10 years.
Most people cannot afford to do that. is one of the main reasons.
Sometimes we get so much pride from doing so many different roles in our business that we can't see the ignorance/problems it causes. "I probably would have fixed the pto cable!"
I'm for this type of content, i always listen to these types of videos in my pocket anyway while I'm working on something. So hearing things ive already heard you say over and over again still motivates/teaches me. I think most entrepreneurs listen to educational videos vs watching them. Ive watched alot of hormozi and dont think ive ever watched a whole video other than his trash business one.
Do whatever you gotta do to get to where you wanna go, brother!
(Recommendation for way to provide job detail videos to crews when your CRM doesnt yet allow you to attach a video? I cant even text a video on my phone without it getting all blurry and tiny.)
Whatsapp channel is my favorite. Label them with name of customer for easy reference. OR RUclips unlisted videos (takes longer to upload)
@MikeAndes bet, thanks Capt!
I own a construction business. What I do is so specialized it would take years to train someone to do 80% of what I can. I’ve worked for companies worth hundreds of millions and it was always chaos. I don’t care to support a huge payroll. If I need help I subcontract. I’m not a people person and prefer working alone. I do pretty good and I’m able to invest my money. It’s not about how much you make . . . it’s about how much you’re able to keep. Doesn’t matter if you’re making millions. If it’s all going to employees and insurance companies there is no point.
So you did it all wrong, didn't account for your companies profits and said screw it I'm going to do it all myself. If you're not a people person there is 0 reason for you to watch these videos. You are wasting time. Go do your work by yourself, the easy way with little benefit to you. Your money is equal to YOUR output. So good luck
@@AaronVanAlstine-f7y🤔 didn’t account for my profit? I’m not mowing lawns and raking leaves for Karen. I make more by myself in a day than most of these owners make sitting in their office while they send out their immigrant crew in a financed truck with financed equipment. You see landscaping and cutting grass is low skill work. The only way you will make money is with volume. You keep watching these videos; I’ve got a vacation to pack for tomorrow. My house is paid off and so is my truck and all my equipment. You better hit a new neighborhood tomorrow with some door hangers so you keep the money coming in for your crew.
@@AaronVanAlstine-f7yno he didn’t do it wrong at all.
He did it exactly how he wanted to.
Growing a business to millions of yearly revenue is hard and stressful and most people just have no desire for it.
As a highly skilled builder you can charge over $100 an hour which could bring you in $4-5k a week just plodding along with no stress.
That’s more than enough money to live a happy life.
It’s also more than a lot of larger small business bring in admirer wages, vehicles, insurance,workers comp Ect Ect
By yourself you have super high margins and it’s a great feeling if you love what you do.
When doing skilled work you can’t just employ a few guys and make money off their backs. You might be taking a loss on them for the first couple of years and then lose them and start over again.
It’s a very different game to pushing a lawnmower which a 10 year old can do on his first day.
There are actually plenty of highly skilled tradies that are pulling in $3-400,000 a year or more. Just working alone.
Working alone if great if you can pull it off.
I have a friend who installs and services food packaging machines.
By himself he can clear over half a mill each year.
My boss doesn’t do close to that and he has ten employees.
How much revenue do you like brought in each day (or per hour) by employee? $800? $100 an hour?
Mike! Great content! While listening I kept thinking about how badly this thumbnail was cropped together. I know it’s stupid and I should be focusing on the content but I kept thinking “Mike must have such a great team! How did this get a thumbs up”
22+ years of a proven track record. Takes hard work. If you don't want to work dont start a business.
ΤΙ ΚΟΜΜΑΤΑΡΑ! Με το που ξυπναω βαζω αυτο και του Shokin το Να Σε Δω ΤΕΡΜΑ!
I thought you were going to say sales as the first skill and it looks like you put it under hard work, interesting 🤔
I had to wait 13 hours before my brain could take this in
😂👏🏻👏🏻👏🏻
Work *on* the business, not *in* the business.
Knowing when to switch is when you turn a 250k biz into a 50m+ biz.
And it isn't really knowing when but actually doing it.
Is what I got out of it.
There are a bunch of trade owners who still work in their business because they dont know how to work on their business.
Most of them have no desire to I reckon.
It’s very stressful, not a lot of people are made for growing that large.
Most people just want a simple life and make decent money.
The thing is when you’re small your profit margins can be insane.
When your medium you sort have to grow large or it’s not worth it as the margins get so much lower.
What is your favorite make and model of truck to use for work?
A reliable one…. Brand and color means nothing.
As a franchiser you should be marketing for all your franchisees.
I did send you information with no reply as usual.
One worker can make six figures in revenue doing lawn mowing? Is this possible in a commuter town? I'm not trying to make millions I just want to pay the bills.
I used to make $1000 a weekend just mowing. An install here in there for a few grand during the week and I made 100k easy.
@@PillsInThePudding Where did you live though? Huge difference between a big city vs a small town in what people are able/willing to pay.
@@jronmanlawn Baltimore. Very true.
@@PillsInThePudding where I live about 3000 people.
Most people are chuck n a truck and that is all they may want to be. I think there would be an interest in videos on how to maximize the profits of these businesses and the marketing of these businesses.
Roger that 🫡👍🏻 I can make a similar style about that topic
@@MikeAndes thanks mike, i just want to be more freee and not have to work under someone. Id rather be homeless but i hope that it doesnt get to that point.
The scary thing is the bigger the building, the harder they fall
True. That is why I stopped growth at 5 feet, 5 inches tall LOL
❤
You can go fly a kite...classic Mike rant.
Pardon my limited vocabulary LOL
Algorithm
Time to shave the head