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Old 11-20-2012, 07:45 PM
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grandview (2006) grandview (2006) is offline
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You paid cash for everything when you started,so where you in debt?

Guys talk about how they paid cash to start their business. So technically you were in debt where you started. So how long did it take to pay yourself back you lent your company money?
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Old 11-20-2012, 07:48 PM
larryinalabama larryinalabama is offline
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Originally Posted by grandview (2006) View Post
Guys talk about how they paid cash to start their business. So technically you were in debt where you started. So how long did it take to pay yourself back you lent your company money?
Since I took my time and seeked out and found some killer deals on equiptment and my truck, I actually increased my "net worth"
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Old 11-20-2012, 08:53 PM
newguy123 newguy123 is offline
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Originally Posted by grandview (2006) View Post
Guys talk about how they paid cash to start their business. So technically you were in debt where you started. So how long did it take to pay yourself back you lent your company money?
About 2-3 months and I had already started paying myself back, after the equipment had been paid.
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Old 11-20-2012, 08:55 PM
kyles landscape kyles landscape is offline
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Originally Posted by grandview (2006) View Post
Guys talk about how they paid cash to start their business. So technically you were in debt where you started. So how long did it take to pay yourself back you lent your company money?
making money since day 1.....didnt have the best stuff still dont and never will gotta work within your means
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Old 11-20-2012, 09:22 PM
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jrs.landscaping jrs.landscaping is offline
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making money since day 1.....didnt have the best stuff still dont and never will gotta work within your means
If you've been making money since day one how did you start? It must have been with a pair of scissors and a bicycle if you had NO debt starting your business. I think newguy is pretty close, by the end of the first season all of your startup money should be back in your pocket and you should be earning a good profit.
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Old 11-20-2012, 09:24 PM
kyles landscape kyles landscape is offline
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If you've been making money since day one how did you start? It must have been with a pair of scissors and a bicycle if you had NO debt starting your business. I think newguy is pretty close, by the end of the first season all of your startup money should be back in your pocket and you should be earning a good profit.
started using my dads push mower and electric trimmer and a broom worked my way up slowly bought my first mower gas trimmer etc
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Old 11-20-2012, 09:29 PM
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jrs.landscaping jrs.landscaping is offline
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I hope you gave your father a thank you card for his investment.
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Old 11-20-2012, 09:31 PM
kyles landscape kyles landscape is offline
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I hope you gave your father a thank you card for his investment.
haha i now take care it for him since he got me to were i am now
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Old 11-20-2012, 09:35 PM
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jrs.landscaping jrs.landscaping is offline
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haha i now take care it for him since he got me to were i am now
good man
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Old 11-20-2012, 09:35 PM
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Bunton Guy Bunton Guy is offline
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I started with a mower that was given to me back in 1994. Grew the business from there....went back and forth between years of only purchasing equipment with cash and using loans. When I bought equipment cash I was always strapped for cash. Dind't owe anything to the bank but didn't have anything IN the bank.

Now I buy wisely and use credit as little as possible. Works a ton better
I didn't get my first loan on equipment until I was in my early 20's. Previous to that I waited until I had saved enough cash & bought equipment used.
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