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Old 02-21-2013, 07:20 AM
georgialawn88 georgialawn88 is online now
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who makes 6 figures? walk before you run

I know theres a thread about a million plus but for those that make 6 figures and only work solo or have 1 employee lets hear how you grew your business and got started and how fast it took u to get there...
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Old 02-21-2013, 12:50 PM
bmoorefield bmoorefield is offline
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Gross or Net
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Old 02-21-2013, 04:33 PM
georgialawn88 georgialawn88 is online now
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Gross or Net
profit/net
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Old 02-21-2013, 04:38 PM
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jrs.landscaping jrs.landscaping is online now
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Quote:
Originally Posted by georgialawn88 View Post
profit/net
I'll change my statement then

A solo netting over 6 figures is next to impossible in NE

I know one solo guy who grosses over 100k but he works every day rain or shine
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Old 02-21-2013, 12:55 PM
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GMLC GMLC is offline
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If all goes as planned I should be able to comment on this thread by the end of this season! I have two part time helpers, one of which will be fulltime this year to get me into six figures. Im talking gross not net.
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Old 02-21-2013, 03:13 PM
lawncuttinfoo lawncuttinfoo is offline
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Originally Posted by GMLC View Post
If all goes as planned I should be able to comment on this thread by the end of this season! I have two part time helpers, one of which will be fulltime this year to get me into six figures. Im talking gross not net.
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the true meaning of "by the skin of your teeth"

30K per full time 12K per part time leaves only 28K for overhead and profit
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Old 02-21-2013, 03:22 PM
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GMLC GMLC is offline
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Originally Posted by lawncuttinfoo View Post
the true meaning of "by the skin of your teeth"

30K per full time 12K per part time leaves only 28K for overhead and profit
Your not kidding. These next few transition years are going to be the hardest for my company. I can no longer take on anymore work without hiring fulltime. We have had to turn away way to much work. I need to either stay as I am and do well for myself or take a hit on net profit for future growth. Believe me when I say this has been one of the hardest business decisions I have ever made. Im in the dreaded middle zone where its stay small or not. Growing pains are tough!! Also keep in mind its only a 27 week season in NH so fulltime is under 20k.
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Last edited by GMLC; 02-21-2013 at 03:29 PM.
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Old 02-21-2013, 04:26 PM
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jrs.landscaping jrs.landscaping is online now
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5 years, a lot of work and sacrifice went into it. I agree with GMLC going from solo to getting over the 6 figure hump is sometimes painstaking and costly to expand. Budgets need to be adjusted to the growth and the owner takes on an ever increasing role until it makes sense to hire office people.
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Old 02-21-2013, 09:59 PM
205mx 205mx is online now
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Originally Posted by GMLC View Post
Your not kidding. These next few transition years are going to be the hardest for my company. I can no longer take on anymore work without hiring fulltime. We have had to turn away way to much work. I need to either stay as I am and do well for myself or take a hit on net profit for future growth. Believe me when I say this has been one of the hardest business decisions I have ever made. Im in the dreaded middle zone where its stay small or not. Growing pains are tough!! Also keep in mind its only a 27 week season in NH so fulltime is under 20k.
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Do what your doing for a few years, retain enough earning to continue to pay yourself what you do currently until profits pik back up
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Old 02-21-2013, 10:19 PM
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GMLC GMLC is offline
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Do what your doing for a few years, retain enough earning to continue to pay yourself what you do currently until profits pik back up
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I have been planning for a couple years and have savings set aside. But its still a hard call.
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