54:58

Yard Dogs owners Liam and James hit $250K in debt after expanding to two locations and 14 trucks, with half the trucks sitting idle. Revenue grew to $1.2M in 2022, but a preseason push cut customer retention to 50% instead of the normal 70-75%. They're closing both shops, cutting overhead, and shifting focus from growth to profitability.

Questions this video answers

Approximately $250,000 (balance‑sheet figure).

2020: $300,000; 2021: $900,000; 2022 actual revenue: $1.2 million (target had been $2.1M).

14 trucks owned, about 7 in active use (7 idle).

Two additional shops rented at about $4,000/month each (total $8,000/month).

Marketing spend ≈ $150,000; customer acquisition cost ≈ $80–$90; ~1,900 new customers acquired last year.

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