The Give Away Winner Is......

Discussion in 'Lawn Mowing' started by Sean Adams, Mar 29, 2005.

  1. Sean Adams

    Sean Adams LawnSite Gold Member
    Posts: 3,597

    dvmcmrhp52 :blob3: :D :laugh: :jester: :blob4: :cool2:

    SPECIAL THANKS TO TRAVIS FROM LANDSCAPE SUPPLY FOR BEING A PART OF THIS GIVE AWAY. LAWNSITE.COM AND LANDSCAPE SUPPLY ARE SPLITTING THE COST OF A BRAND NEW REDMAX STRING TRIMMER TO BE GIVEN TO OUR WINNER!

    HERE IS THE QUESTION. . .

    If you had the chance to be debt free (truck(s), equipment, trailer, etc.) and only net $20,000 for the next two years (net meaning your salary plus the profit of the business) would you do it? Why or why not?

    HERE WAS HIS ANSWER. . .

    No.
    Financing when used wisely is a great tool for growing a business.
    Being "debt free" may sound like a wonderful place to be, and at a time when you've grown your business to a satisfactory point and the income produced is sufficient for "cash" buying it may be a comfortable position to be in,
    however the pros of limited debt almost always outway the cons from a small business standpoint.
    A $30,000 piece of equipment could certainly produce more than the $20,000 of net you speak of, but why would I want to limit myself to waiting until I have that $30,000 on hand to produce that extra income?
    A wise business owner once said " why use your own money when you can use someone elses?"

    Financing is a part of business, the key is to use it WISELY.







    HERE IS THE QUESTION. . .

    If you had the chance to be debt free (truck(s), equipment, trailer, etc.) and only net $20,000 for the next two years (net meaning your salary plus the profit of the business) would you do it? Why or why not?
     
  2. 1MajorTom

    1MajorTom Senior Moderator
    Posts: 6,074

    Dave,
    Congratulations, it couldn't have happened to a nicer guy. :)
     
  3. dvmcmrhp52

    dvmcmrhp52 LawnSite Platinum Member
    from Pa.
    Posts: 4,205

    Many thanks to Sean and Lawnsite as well as Travis and Landscape Supply.
    Together Lawnsite and it's sponsors make for the REAL information super highway.

    This will be a great opportunity to compare Stihl trimmers to the often talked about Redmax trimmers.
    I'm looking forward it.................

    Again, thanks to all the sponsors, members and management at Lawnsite who make it all possible.
     
  4. MJLsLawnCareNmoreLLC

    MJLsLawnCareNmoreLLC LawnSite Senior Member
    Posts: 841

    dvmcmrhp52, congrats on your winnings.
     
  5. MMLawn

    MMLawn LawnSite Gold Member
    Posts: 3,569

    DVM you suck.... :D LOL

    Now I gotta buy a new trimmer :cry:
     
  6. all ferris

    all ferris LawnSite Bronze Member
    Posts: 1,307

    I guess my customers won't get trimming this year. I'm too far in debt to buy a trimmer :p

    Congrats to the winner.
     
  7. dvmcmrhp52

    dvmcmrhp52 LawnSite Platinum Member
    from Pa.
    Posts: 4,205





    Better YOU than me, Eh?

    :drinkup: :waving:
     
  8. centralarlawn

    centralarlawn LawnSite Member
    Posts: 44

    enjoy the new trimmer!! good answer by the way. :drinkup:
     
  9. MMLawn

    MMLawn LawnSite Gold Member
    Posts: 3,569



    ah man...that was cold...lol :waving:
     
  10. aries

    aries LawnSite Senior Member
    from nj
    Posts: 334

    Congrat's to you !!!! :waving:
     

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