A power washing company doing $500K in revenue can't pay bills despite $80,000 owed by clients. The owner has 121 unpaid invoices stuck in accounts and struggles with delegation and confrontation. Mike Andes offers direct advice on cash flow and sales.
121 invoices, unpaid. 121 right now. It's a mess. I've sent emails, I've sent texts. No response. But you sure as hell opened that damn thing 17 times. So this bothers me. We're running, running out of all kinds of time. This is the ADD thing, right? A million miles an hour, all the time. Formula One, race cars, 400 roads. My brain never stops.
Go see a therapist. Talk to somebody.
I was on medication for it. It doesn't work for me.
Delegate and lock it up.
If nobody wants to be confrontational, then we're not gonna figure it out.
People will make mistakes. You make mistakes.
I'm just speaking cause I'm a truthful person. I'm gonna move past it and we're doing something else.
Go get sales.
I don't wanna repeat myself again.
You own the business. I'd get depressed too if the whole reason I got into business is not happening. Someone like Blake, for some reason, has stuck around, which I gotta figure out.
Why he was kind of doing this without me really knowing anything about it.
In order to gain trust, you have to be trustworthy. You can be as ADD as you want. The employees will like work. I'm not gonna get involved.
$80,000 of our money sitting in people's bank accounts right now. That is ours. You should go storming their house and they're robbing them.
But that's annoying as hell. Why are you making me work to get my money?
You're a business. We're not a bank here.
It's like bar rescue, what we're doing.
