Pay.....

Discussion in 'Lawn Mowing' started by thegrassman, Feb 28, 2004.

  1. thegrassman

    thegrassman LawnSite Member
    Posts: 8

    I'm 19, and have one more year in college...after that i plan to start my own lawncare/landscaping business.....
    i see alot of people doing well in the business, and i also see alot doing pretty bad. My question is... how much money can you really make in this field.... and.....can you make a good living just on lawn care alone? Also, what do all you guys do in the winter if your not in an area that would need snow removal??:confused:
     
  2. specialtylc

    specialtylc LawnSite Bronze Member
    Posts: 1,656

    You can starve or be a millionaire and everything inbetween. I make a good living at it ,I put money in retirement account and make enough in 7 months I dont have to work the other 5 . But we do plow snow as a bonus, but cant rely on plowing income in many areas .
     
  3. JimLewis

    JimLewis LawnSite Fanatic
    Posts: 6,835

    You can honestly make as much or as little as you want in this business - it just takes planning. Consider this now - before you begin; Do you want to own and run a successful company? Or do you want to be a LCO. There's a BIG difference.

    If you want to own and run a company - are you preparing for that? It's much harder than you might think. READ, STUDY, PREPARE! Learn all you can about accounting, taxes, marketing, duplication, organization, business etiquite, customer retention, etc.

    And if you're wanting to run a successful company the goal is usually to grow the company so that it's one day either self sufficient OR worth lots of money to someone else. Read E-Myth, E-Myth Revised, and E-Myth for Contractors (starting with the last one).

    So with that thought in mind, plan to start your business where it has the best chance of success. You may have been born and raised in Podilly, TX. But by God, if Podilly, TX only has a population of 25,000 and an average household income of $40,000 per year and Dallas, TX has a population of 2 million and average household income of $125,000 per year - MOVE TO FRIGGIN DALLAS! It only makes good business sense.

    As for what to do in the winter - find out from local LCOs and Landscapers. Here, we have mild but rainy winters. Which is nice because we insist on year-round maintenance. We still stop by every property 2 times per month all winter and do SOMETHING each visit. We charge a flat rate each month of the year. So that's how we do it around here. But I don't know how they do it where you live.
     
  4. launboy

    launboy LawnSite Senior Member
    from indiana
    Posts: 273

    what is e myth and whre do you get it
     
  5. JimLewis

    JimLewis LawnSite Fanatic
    Posts: 6,835

    I'ts a book. Any bookstore.
     
  6. launboy

    launboy LawnSite Senior Member
    from indiana
    Posts: 273

    ya i kind of figured it was a book.
     
  7. MOturkey

    MOturkey LawnSite Silver Member
    Posts: 2,752

    I think JimLewis has a valid point about relocation, especially for a young fellow like yourself. I'm seriously considering, after retirement, moving to Ft. Lauderdale and starting a snow removal business. :D
     
  8. rtyus

    rtyus LawnSite Member
    Posts: 104

    This business is like any other; you can build it as big as you are willing to work for. You have to define success by your own defintion. Some people want a multi-million dollar company, and others just want to be large enough to make a decent living and stick something back. As far as relocating goes, that's fine if that's what your goals are and you want to go after the really big money, but personally, I prefer to live in a less-populated rural area. I may not ever have as large a company, but the cost of living is less, and the stress is less. But again it's all a matter of what YOUR goals are and what YOUR definition of success is.
     
  9. upsondown

    upsondown LawnSite Senior Member
    Posts: 251

    Establish a business plan and never take your eyes off of it. Associate yourself with successful business people in your area - not only those in Landscaping and Lawn Care - but from every field. Find an attorney, an accountant, and a banker and establish a relationship with each of them. When I went into business 25 years ago I first met with my attorney - and got his recommendation for the other two - and then one of the most valuable meetings I ever had was with my attorney, accountant and banker. Each knew where I wanted to be - and found it a challenge for each of them to help me reach those goals. The day will come when you will need financial backing and it is critical to have a financial relationship already in place. There is a ton of information that could be provided to you - but the simplest - most solid piece of advice I can ever offer anyone is what I started out with "Establish a business plan". If you are diligent in that - you will be successful.
    Dave
     
  10. Mdirrigation

    Mdirrigation LawnSite Silver Member
    Posts: 2,572

    You wont know unless you try . You will either fail or suceede, the only way to increase you chance of sucess is knowledge, and that alone does not guarentee sucess . Either way win or lose you will have gained experience in business.

    Nothing ventured , nothing gained

    The only thing guarenteed in life are death and taxes .


    If you wait 20 years to start a business , you will always tell yourself I wished I started 20 years ago.
     

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