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Stan Genadek: What's up Dirt Monkey Maniacs? Today, we're going to talk about what everybody says you need to do, but nobody shows you how to do it. Not a lot of you know that I own a lawn care company, what you don't know is, my excavating company is completely separate from the lawn care division and what nobody knows is that I own a third company doing pure construction, decks, house additions, remodeling work and two other companies. All of my companies run themselves without me, you're going to see that today. If I can do it, you can do it. Each company is completely unique from the other companies but the systems that run them are not, they’re universal across the board. But what's even more important is, I'm going to teach you guys how to do the exact same thing. When you understand the basic principles of a system, you can tweak it and make it fit just about any company's profile. The system is the fundamental key to building a...
Chuck Bowen, editor of Lawn and Landscape Magazine, talks about how to grow your business with fewer growing pains.
Set yourself apart from other companies with excellent customer service. Customers want someone who is going to call them back and do a good job.
Solve the "labor problem" by creating a culture that makes people want to work for you.
What can people do to take themselves from a small to medium sized company? "What got you here, won't get you there." It requires the owner to step back into different rolls. The owner needs to hire people to do the work he/she was doing and do different work (sales and business building). What systems do we need to put into place so we can effectively scale it. Get everything that's in the owner's head on paper so their employees know exactly what to do. The owner who doesn't eventually step back, becomes the limiting factor in the company.
In the off-season, you should be stepping back and...
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Welcome to today's mastermind group and what we're going to be talking about today is almost the key to growing your business. Phil would you say that this is a key key element to the growth of a very fast and often overlooked one.
We're very eager to get that first improve. Nothing feels better than hiding. Finding and hiring the right-hand man that leader that you're hopefully going to develop. Today we're going to talk about the written part of the job description.
The key things that you want to outline and we're going to make an extra emphasis we're going to put extra emphasis on your not hiring somebody to fit to accomplish tasks we want you to hire somebody for the outcomes that you want. And this is what's going to create longevity in an employee. This is what's going to provide the direction that they need and clearly outlined by the person that it is not just you have to be able to lift this much weight or...
Most people would get pretty excited if they were told they had to spend $54,000 in three days. But, in all honesty, nothing could be further from the truth when you own your own small business. Today's story doesn't start on January 1st when the fiscal year ends. My story actually starts three months prior to that, around October 1st. That's when I begin my end of year budgeting. This year I planned it a little too tight.
What am I talking about? On October 1st I start to forecast where my gross revenue is going to be and where my expenses are then I try to get those to match up as close as possible to eliminate as much profit as I can from the company. The reason I do that is, Uncle Sam will take 30% of all the profit my company shows. Don't get me wrong, I love what Uncle Sam's doing but I don't feel like giving them 30% of all my hard-earned labour....
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