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

Don't Take Everyone's Advice

26 Feb 2023 · 0 min

Watch on YouTube

0:22

Short YouTube monologue by Mike Andes ("Don't Take Everyone's Advice") advising small-business owners to question advice from much larger businesses—specifically warning that strategies like buying expensive equipment for tax savings may be irrelevant if the smaller business lacks profits to shelter. The clip focuses on financial decision-making tailored to business scale.

When you hear someone that has millions of revenue talk about something, you should ask yourself, the advice they give me is that pertinent to my business that has $100,000 in annual revenue? News alert. It doesn't. So when people are going to say, hey, you know, we gotta buy brand new trucks, we've got massive equipment, we're going to spend all this money for tax. You don't have any profits to save from taxes. Why are you buying stuff?