I’m going to be 60 years old next year and own a Landscape company with 147 accounts which I do solo for 5 years. Here are some friendly facts and guarantees when you turn 60 in lawn care. Your joints are like car tires they will wear out quick. When I see 65-year-old people playing tennis and jogging I know they worked in an office their entire life. When I see a guy who is 65 hunchback and a cane I know he worked labor. The guys out there who think they’re going to work with no issues no problems around age 60. Oh man, you have no idea what’s coming. And it comes quick because I was perfectly fine at 55 years old. Everything came crashing down ASAP. I’ve been in the gym for 25 years and a semi bodybuilder, athletic and healthy all my life as a laborer. My joints are all shot-out. Hip replacement, right knee bone on bone and plantar fasciitis in my left foot. I could barely walk at 59 years old. So enjoy your youth now and get an office job run the business from home. Otherwise it is a 100% accurate guarantee. You will wear out your joints like car tires and being in a wheelchair sooner than you think. Good luck to all the landscapers out there work labor. Your future is pain pills.
This is 💯 percent I have been mowing lawns and been in the lawn maintanence business since I was 10 I am 56 and yes you definitely had better save while you are young brother you and Brian Fullerton are spot on I having nothing but 💯 percent respect and admiration for the both of you
I am 66 I mow 3 days a week,bush trimming, fertilizing. I was a heavy equipment mechanic for 45 years and now retired. I work at a mower dealer 2 Days a week. I have no credit card debt. I have been put money in IRA at 5.35 and one at 5.0 . I am also retired Army. Good luck.
You already answered your question in your previous video. Real estate is definitely a solid long term investment. If you get into rental properties as well then you can end up with passive income so you make money while you’re sleeping and still get growth on your asset.
@@dsim3211 feel like If I simply got rid of my hard to mow properties it would make the greatest difference. I've been steadily doing that. Started making a rule for myself that if I ever use a backpack blower, that I have to get on the standon mower. No more walking with the backpack blower. Also, switched to a battery powered string trimmer. Getting a batter pwered blower next season.
I’m assuming you didn’t have a push mower you did a stand on or did a lot of work from the truck hiring guys doing the labor? There’s no way you would make it that long.
easy Blake 48 isn't old nowadays lol ! im 54 and still mowing part time but doing 18-20 lawns a week plus working full time but your right invest and invest soon !
I'm going to be 61 I'm going in this winter for hip replacement I've been doing this 38 years me and my daughter still doing a little over 100 yards a week and my ole body is wore out from head to toe but I'm still going and I want to keep going for awhile we will see what happens it's a hard physical business on the body
Personally, I prefer the Roth IRA or SEP IRA, and am mainly in the Vanguard index for the S&P 500; also, I like physical gold as a form of financial insurance for brutal inflation, not for gains. Also, can go with brokerage accounts for stocks, though I prefer to stay within the bounds of conservative buying with the markets. No debt, is also cool.
I’m 51 and still mowing, I depend more on employees but I’m still out there every day, I have one investment property, but it’s not enough to retire on, I still love the business and plan on going at least 20 more years gradually letting the guys handle things.
Well we bought our Ditch Witch thinking that we would rent it out when we are not using it and we did pretty good with that the first 18 months but now we have grown our landscaping and fence installation business up to the point that renting it out is tough but considering buying another piece or two of equipment for rental purposes. Often I considered the storage unit business and just when I thought it may be over saturated a new storage facility gets built near us.
45 and just finished 10th season I watched you a lot back when I was learning the ins and outs Freak and Geek is a Legend Finally paid off truck and mower now focusing on a loan and 13k in credit cards Lookin forward to 2025 😅
Its a balance really. I make it a main priority to max out my wife and I RothIRA every single year and invest my business. I think diversification is key, but I would say generally the ROTH IRA is a phenomenal way to build wealth and is so powerful with compound interest. Your future self will thank you!
My business is going on (5) years old, turning 37 next year. My goal for 2025 is to buy 5-10 acres to build my true retirement plan, and that is RV & Boat storage units. Around here, they are highly sought after and can bring in $15-20K per month for the storage business. Granted ill have a loan, but even after the payment the profit is plenty to live. Pass through investments are definitely needed. Even when i get older, i will still own the business. Currently we mow 5 days per week, i am in the field 2-3 days per week and then working on the business the other days. I have a crew leader that knows how we like our properties to look, and i inspect properties weekly. So im already trying to not work every single day and depend on good seasonal employees with a crew leader that is paid well.
My plan is to buy a rental house that needs work in the fall and put my employees labor towards that in the winter. In this case this winter I bout a personal home that we will fix up
Set up a ROTH account and max that out every year for you and your wife. Start a custodial investment account for the kids at a young age it will create generational wealth
I’m not sure if you know Jesus Christ personally or claim to be a Christian. But I will get back to his work, get back to praying and see what he has to say about it. I haven’t really watched your channel 2 in depth. But I know you are a great guy . I know You mention Dave Ramsey. You’ve made some great growth in the past few years. I like your contact. Sounds like you need to regain some focus. I’m having some trouble in my business with trucks and I’m like right where you’re at with that and cash flow. You should just call The Dave Ramsey Show 🙏🏆💯. I think sometimes it’s OK to just continue to build wealth for a couple years until you figure out what you wanna do. Because sometimes people are around, you are investing in a lot of equipment or whatever it may be and they’re growing, but I think slow and steady wins the race. You can buy a great truck for 20 even 30,000 cash. And still not be broke because you still have a bunch of money in the bank. Have you ever thought about rental properties? Good growth, stock, mutual funds?
I picked up a HOA contract late last year. The previous guy had the contract for 27 years. His plan was to keep it until he retired. Well his plan didn't happen. The guy was a little over 60. I think he said he was 3 years away from retirement. Guess he had to go get a job.
You were smart getting your company in order at such a young age. It took me until I was 40 to pay off my house and have 500K in retirement accounts. So even with my relative good financial picture I won't be able to live off retirement money until I am in my 50's (assuming I keep contributing and that account grows to 7 figures). Not terrible but sucks I will be in my 50s, you sound like you could retire at 40.
Physical gold and silver right now. Don’t trust the banks. I have a lot invested into XRP and other ISO20022 projects and keep them on cold wallets. I am investing into what runs the next financial system. We are at a 100 year currency change. Black swan coming soon.
Yep just need to clear 100 acres, make sure it’s zoned to grow and sell grass, buy tons of seed, and buy a 50k-100k of machines to cut and move sod and you’re set!
@@mikeshanley8570you're looking in the wrong market my friend. I have purchased 6 doors in the last year. I agree the market is ideal and it takes looking at some extra deals to find a good one. I do lawn care and live just a few hours from Blake. It's definitely doable.
By the way, I'm in business too. Just a little older, I'm 40. It's not hard to build up a couple hundred thousand over a few years with index funds. Don't bother with 401ks or retirement funds. They are a trap. Just invest in a normal brokerage account.
Invest a little bit once a week, or once a month instead of a large sum once a year. That way you are following the ups and downs of the stock market. Some days you buy in cheap, some days it costs more. But it averages out and helps to reduce the risk of buying in big when the market is high.
I'm past 50 my friend and I see no end in sight! save your money!
Lemme guess. Your not using a 21 inch mower walking all day? working 6 months year?
I’m going to be 60 years old next year and own a Landscape company with 147 accounts which I do solo for 5 years. Here are some friendly facts and guarantees when you turn 60 in lawn care. Your joints are like car tires they will wear out quick. When I see 65-year-old people playing tennis and jogging I know they worked in an office their entire life. When I see a guy who is 65 hunchback and a cane I know he worked labor. The guys out there who think they’re going to work with no issues no problems around age 60. Oh man, you have no idea what’s coming. And it comes quick because I was perfectly fine at 55 years old. Everything came crashing down ASAP. I’ve been in the gym for 25 years and a semi bodybuilder, athletic and healthy all my life as a laborer. My joints are all shot-out. Hip replacement, right knee bone on bone and plantar fasciitis in my left foot. I could barely walk at 59 years old. So enjoy your youth now and get an office job run the business from home. Otherwise it is a 100% accurate guarantee. You will wear out your joints like car tires and being in a wheelchair sooner than you think. Good luck to all the landscapers out there work labor. Your future is pain pills.
This is 💯 percent I have been mowing lawns and been in the lawn maintanence business since I was 10 I am 56 and yes you definitely had better save while you are young brother you and Brian Fullerton are spot on I having nothing but 💯 percent respect and admiration for the both of you
Saw you with Anton...
I am 66 I mow 3 days a week,bush trimming, fertilizing. I was a heavy equipment mechanic for 45 years and now retired. I work at a mower dealer 2 Days a week. I have no credit card debt. I have been put money in IRA at 5.35 and one at 5.0 . I am also retired Army. Good luck.
You already answered your question in your previous video. Real estate is definitely a solid long term investment. If you get into rental properties as well then you can end up with passive income so you make money while you’re sleeping and still get growth on your asset.
Well said Blake. I am going to be 52 next month and the last couple years I have been feeling I can’t do this much longer.
I'm 48. Two more seasons and I'm out.
57 here and my 28th year. I think I can make it a few more years.
@@dsim3211 feel like If I simply got rid of my hard to mow properties it would make the greatest difference. I've been steadily doing that. Started making a rule for myself that if I ever use a backpack blower, that I have to get on the standon mower. No more walking with the backpack blower. Also, switched to a battery powered string trimmer. Getting a batter pwered blower next season.
@@UnblockedOne2 yes get rid of the complex properties and just take on the easy ones.
Ive got a few that take 5 minutes to mow with a 21" and pay $40
I’m assuming you didn’t have a push mower you did a stand on or did a lot of work from the truck hiring guys doing the labor? There’s no way you would make it that long.
Heading towards 65 n still enjoying mowing lawns we're all these younger guys are done at 40 years old
easy Blake 48 isn't old nowadays lol ! im 54 and still mowing part time but doing 18-20 lawns a week plus working full time but your right invest and invest soon !
I'm going to be 61 I'm going in this winter for hip replacement I've been doing this 38 years me and my daughter still doing a little over 100 yards a week and my ole body is wore out from head to toe but I'm still going and I want to keep going for awhile we will see what happens it's a hard physical business on the body
Personally, I prefer the Roth IRA or SEP IRA, and am mainly in the Vanguard index for the S&P 500; also, I like physical gold as a form of financial insurance for brutal inflation, not for gains. Also, can go with brokerage accounts for stocks, though I prefer to stay within the bounds of conservative buying with the markets. No debt, is also cool.
I’m 51 and still mowing, I depend more on employees but I’m still out there every day, I have one investment property, but it’s not enough to retire on, I still love the business and plan on going at least 20 more years gradually letting the guys handle things.
Invest into your health has the best ROI
Well we bought our Ditch Witch thinking that we would rent it out when we are not using it and we did pretty good with that the first 18 months but now we have grown our landscaping and fence installation business up to the point that renting it out is tough but considering buying another piece or two of equipment for rental purposes. Often I considered the storage unit business and just when I thought it may be over saturated a new storage facility gets built near us.
45 and just finished 10th season
I watched you a lot back when I was learning the ins and outs
Freak and Geek is a Legend
Finally paid off truck and mower now focusing on a loan and 13k in credit cards
Lookin forward to 2025 😅
Its a balance really. I make it a main priority to max out my wife and I RothIRA every single year and invest my business. I think diversification is key, but I would say generally the ROTH IRA is a phenomenal way to build wealth and is so powerful with compound interest. Your future self will thank you!
Yeah, a customer told me about that over 7 years ago, and I _still_ haven't started yet 🙄
@@Pure_KodiakWILD_Power start now!
My business is going on (5) years old, turning 37 next year. My goal for 2025 is to buy 5-10 acres to build my true retirement plan, and that is RV & Boat storage units. Around here, they are highly sought after and can bring in $15-20K per month for the storage business. Granted ill have a loan, but even after the payment the profit is plenty to live. Pass through investments are definitely needed. Even when i get older, i will still own the business. Currently we mow 5 days per week, i am in the field 2-3 days per week and then working on the business the other days. I have a crew leader that knows how we like our properties to look, and i inspect properties weekly. So im already trying to not work every single day and depend on good seasonal employees with a crew leader that is paid well.
My plan is to buy a rental house that needs work in the fall and put my employees labor towards that in the winter. In this case this winter I bout a personal home that we will fix up
Turning 70 in December still working 5 days a week have 11 employees started in 1987
Are you actually pushing the mower on the field or are you in the office?
@@Michshnly no reply means he's working in the office or sitting inna truck while his workers do the jobs. Wait hold on. He uses sit down mower...
Set up a ROTH account and max that out every year for you and your wife. Start a custodial investment account for the kids at a young age it will create generational wealth
I’m not sure if you know Jesus Christ personally or claim to be a Christian. But I will get back to his work, get back to praying and see what he has to say about it. I haven’t really watched your channel 2 in depth. But I know you are a great guy . I know You mention Dave Ramsey. You’ve made some great growth in the past few years. I like your contact. Sounds like you need to regain some focus. I’m having some trouble in my business with trucks and I’m like right where you’re at with that and cash flow. You should just call The Dave Ramsey Show 🙏🏆💯. I think sometimes it’s OK to just continue to build wealth for a couple years until you figure out what you wanna do. Because sometimes people are around, you are investing in a lot of equipment or whatever it may be and they’re growing, but I think slow and steady wins the race. You can buy a great truck for 20 even 30,000 cash. And still not be broke because you still have a bunch of money in the bank. Have you ever thought about rental properties? Good growth, stock, mutual funds?
I picked up a HOA contract late last year. The previous guy had the contract for 27 years. His plan was to keep it until he retired. Well his plan didn't happen. The guy was a little over 60. I think he said he was 3 years away from retirement. Guess he had to go get a job.
You were smart getting your company in order at such a young age. It took me until I was 40 to pay off my house and have 500K in retirement accounts. So even with my relative good financial picture I won't be able to live off retirement money until I am in my 50's (assuming I keep contributing and that account grows to 7 figures). Not terrible but sucks I will be in my 50s, you sound like you could retire at 40.
Physical gold and silver right now. Don’t trust the banks. I have a lot invested into XRP and other ISO20022 projects and keep them on cold wallets. I am investing into what runs the next financial system. We are at a 100 year currency change. Black swan coming soon.
MAIN BULK OF MY INCOME IS SOD, SO I BOUGHT 100 ACRES TO GROW MY OWN SOD AND PROPAGATE PLANTS. SOON I WONT NEED TO BUY FROM A SOD FARMER OR NURSERY.
Yep just need to clear 100 acres, make sure it’s zoned to grow and sell grass, buy tons of seed, and buy a 50k-100k of machines to cut and move sod and you’re set!
Invest in Real estate. There are 4 ways to make money on RE and it out performs the stock market year after year
Are you drunk? In this market? nobody can afford a house especially investing...
@@mikeshanley8570you're looking in the wrong market my friend. I have purchased 6 doors in the last year. I agree the market is ideal and it takes looking at some extra deals to find a good one. I do lawn care and live just a few hours from Blake. It's definitely doable.
S and P 500 index funds. Just put a little in at a time to minimize risk. Don't drop 50,000 in at once. Dollar-cost average bro
By the way, I'm in business too. Just a little older, I'm 40. It's not hard to build up a couple hundred thousand over a few years with index funds. Don't bother with 401ks or retirement funds. They are a trap. Just invest in a normal brokerage account.
How do you dollar cost average?
Invest a little bit once a week, or once a month instead of a large sum once a year. That way you are following the ups and downs of the stock market. Some days you buy in cheap, some days it costs more. But it averages out and helps to reduce the risk of buying in big when the market is high.
Bitcoin.....
Saw you meet Anton. Shout out to you. 🫡THE BAG 🎒 CHASERS see you.🫡