Mike AndesFounder, Augusta Lawn Care and Homeworks · Founder of Homeworks and Augusta Lawn Care

Build your $1 Million Dollar business with THIS formula

2 Apr 2024 · 0 min

Watch on YouTube

0:26

Mike Andes presents a short business formula to reach $1,000,000 in annual revenue. He breaks the target into $83,333 per month and proposes achieving it by hiring five full-time workers and operating three trucks (two team members per truck plus himself). The clip is an opening claim/blueprint rather than a detailed financial model.

Questions this video answers

$1,000,000

$83,333 per month

About five other full-time workers

Three trucks

Each truck has two team members; plus the speaker (implying three crews total).

You can make $1 million. That is $83,333 per month. And I can do that using my skills and any tools that I can get to make my labor more efficient. So I'll need to hire about five other full time workers. That means I need to have three trucks, each of them with two team members, and then the one with myself. Three trucks, five employees, and myself 83,000 per month in revenue will build myself $1 million business.