He's Paying WAY TOO MUCH for Customers! (Business Turnaround)
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- Опубликовано: 21 окт 2024
- This week we are in San Diego, CA where Joe, owner of Coe Crew Pools, invested thousands to build a $300K business but is struggling to profit and relying on buying routes. With no clear future vision, he's considering college. Can we turn this business around before it sinks?
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As a pool cleaning business owner, I've been hoping to see you do one of these!
Initial take from the early on, the pool route buying is a BAD route for growing your business. CAC for pool cleaning customers is so much less than the 6-12x monthly revenue.
Already starting to see that he unfortunately allows customers to perceive him as just a "Pool guy" instead of "Pool Technician". He is struggling to lead people and come into his own as a business owner.
This kid is pretty much exactly me from 5 years ago....
He needs to mature alot to get to $1m/year. I'm speaking as another person working to get there. In some ways hes definitely ahead of me, but I think he just needs to get more comfortable.
Would love to connect with you Joe. If you read this man, I really empathize with you and in some ways you're crushing it, but I totally understand the isolation you feel.
Hit me up if you want to connect with another pool business owner, who started young and was afraid of deciding anything too.
As a swimming pool company owner, definitely want to show your value through repair work. Better money for your time for sure. We don’t buy or sell routes here, but definitely possible to grow through CAC to 1m/year +
We are over the 1m per year mark, biggest advice is don’t undervalue your services
TRUST yourself brother! Nothing worth doing is easy! It will never be the perfect time to take the risk. Building this business will build the confidence you’re lacking, the future you will thank you.
Stick with it. I was where you are. You’ll look back at 30 and be proud of how far you’ve come and learned
Self doubt is the mind killer!
I like seeing these videos about the guys going from doing the labor to managing a crew. There's a lot of adjustment when doing this and no one on youtube is talking about how to make this shift.
24:01 I love how real this guy is.
Well, theres still room for an Augusta Pool Care. Take care of the lawn and pool in one visit.
Honestly.. I feel bad doing work in backyards and shit flying in the pool. Luckily I’m a pool expert but sometimes it’s a pain cleaning the pool after working around it and not getting paid for it’. Ima start charging
I don't understand... Bought what for 20 grand..
I need an explanation. Of what the basics are
I think he is confusing micro managing with managing. There's a big difference.
Yeah I got the feeling that he "read about micro-managing," but never experienced it. Managing is where you are a Fixed Point - someone that the workers can rely on, someone that the workers can ask questions about, and someone that the workers can report problems to and know that you can handle them better than they can. But micro-managing is explaining, in detail, how to draw a cartoon using crayons as if they were 5 years old (it feels like that and nothing ends up getting done).
Do more content In ca !
300k business in california is like 50k these days. poor kid got a bad location
Here in Florida it’s common to
Have a lawn and pool guy
As in 2 separate companies
@@miamiinfinity5625 no as in one company that offers both services at least in st Lucie county there is several lawn companies that also over pool Maintence
My guy needs some self confidence…
Most likely has a ton of opinions in his ear…
Slow down, enjoy and learn thru the process, market and sell, make a decision and stand by it.
Sorry but it’s not possible to charge a premium and have the route close by. So yes you can charge a premium but you WILL drive a lot
The mouse arrow is floating on his face @->-> 2:48.
@26:50 "I think it's still kind of important to see each other in person at least once or twice per week." No. Daily.
You are the Owner. You are the Manager. You represent a Fixed Point in the Business.
If the office assistant has a scheduling problem, then you're the one they'll ask.
If the worker at a pool cleaning job encounters a disgruntled customer, then you're the one they'll call.
If the worker is new and has a lot of questions, concerns, suggestions (ideas to shoot), etc., then you're the one they'll bring it to.
Knowing where to find you, when you expect you, and knowing that they can rely on you is key and crucial to every business as a Manager or an Owner.
How could one get on a conference call with you I’m in NC trying to plan starting my own HVAC business next year but I’m hopefully going to have my contractors license the end of August…If I pass the state board test but I’m studying my tail off.
$1300
@@dirtbikedom19 $1300?
@@herbie3smith thats how much it is for a 50 min call
@@dirtbikedom19 have you had one with him?
Bro looks like temu chandler 😂
new video lets goooo
I started cleaning pools and now build back yards. You have to sell sell sell. Sell equipment, heaters, repairs, filters. Pools are a gold mine if you know how to sell.
interested in learning more about selling the other things along with the pool
He doesn’t even know his revenue numbers?? I’m sorry but he needs to rein it in and focus up. Sounds like absolutely no management is happening.
I thought this was a skit at first ☠️
How about Joe cool pools!?
If you are 40 years old you are going to need at least 5 million dollars to retire. If you plan on retiring this year you will need at least 2 million dollars.4 more years of what we have now in Government these numbers will need to be adjusted upwards. This is from a current Financial officer.
NO. Never do videos or pictures it consumes a lot of time trust me.
What is his why? Does he really want to own a business?
Bro you’re spending all that money on routes, the life time value isn’t even worth it.
If you have capital invest in your marketing
Move out of your mommy’s house and become an adult and then maybe you won’t feel like you have plenty of money and be lazy. You’ll never feel satisfied living with your mom having her take care of you like you’re a child
What happened to the lawn care video
1st comment! Give me my prize Mike! 😂