$1 per minute rule

Discussion in 'Starting a Lawn Care Business' started by Wells, Mar 27, 2007.

  1. Wells

    Wells LawnSite Member
    from SLC UT
    Messages: 0

    Last week there was a thread on here about "labor rates" and someone brought up the old $1 per minute rule. I have been hearing this same rule since I first joined LS back in 2003 so I did a quick search just to see how far back this so called rule was being discussed and I found it in a old thread from 2000.

    This means that in 7 years people are still using the same 1$ per minute rule of thumb and that the basic rate hasn't moved in more than 7 years. You guys might want to think twice before putting to much stock in the 1$ per minute rule as it seems a bit outdated.
  2. jsf343

    jsf343 LawnSite Bronze Member
    Messages: 1,786

    $1.00 per minute? :dizzy: I am up to $2.00 per min.:laugh: :laugh:
  3. Woody82986

    Woody82986 LawnSite Silver Member
    from DFW, TX
    Messages: 2,128

    I do a lot mowing now that takes me 50 minutes once a month. That averages out to $3.10 per minute. I wish all my lawns averaged out that way... $60 should be an industry standard. However it never will be as long as there are weekend warriors out there looking to make a few spare bucks.
  4. EMJ

    EMJ LawnSite Member
    Messages: 200

    I have a Question about the dollar a minute rule. Do you use the time it takes to mow with the 36" walk behind or do you use the time it takes to mow with the 52" Zero Turn? Since I upgraded and now it takes less time to mow the same area am I suppose to charge less? I think that you just need to be competative and use or go with what ever you can extraxt for the area.
  5. Wells

    Wells LawnSite Member
    from SLC UT
    Messages: 0

    The $1 a minute rule was something someone came up with years ago and evrybody seems to think it still applies after all these years and should still be followed.

    I personally wouldn't put any stock in the rule as I think it's outdated but for those that still follow it all I can say is your leaving money on the table.
  6. mcwlandscaping

    mcwlandscaping LawnSite Gold Member
    Messages: 3,163

    Like it has been said on here a million times, it has to do with your location as well. Today, that $1/minute may still be a lot for some areas while others may be way over that.
  7. Runner

    Runner LawnSite Fanatic
    Messages: 13,497

    Yep...That's what I've been saying for years...it is basically just fallacy.:rolleyes:

    Absolutely! Why should someone with a $10,000 mower make more than someone with a $300 pushmower??? That just isn't fair! But yes,...there ARE those who are uninformed that go for this "dollar a minute" thing...:dancing: :drinkup:
  8. Wells

    Wells LawnSite Member
    from SLC UT
    Messages: 0

    Guess I can buy into that theory, but it amazes me that people have been talking about making that same dollar per minute since the year 2000. We should all be trying to maximize profits not give out "old" advice that was the standard 7 years ago. It's no wonder why in 10 years mowings bids are still going for the same rate now they were back then.
  9. daveintoledo

    daveintoledo LawnSite Silver Member
    Messages: 2,587

    very ..... interesting.... (its just like playing in a good bar band... same money being made as 10 and 15 years ago.....) as quoted to me by the famous Tony Packo him self......
  10. garrettlawn

    garrettlawn LawnSite Member
    Messages: 94

    I would take $1440 a day anytime.

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