Mike Andes visits Eric's landscaping company in Tennessee, which is on track for $250K revenue but bleeding money. The problem: labor margins are only $50 an hour, key staff keep leaving, and Eric doesn't know his actual numbers. Mike has six weeks to turn it around.
You thinking 15% raise?
Oh, at least.
Oh, my God.
Today we're in Tennessee visiting Eric with new grounds lawn care.
I feel comfortable with my ability to train someone to do quality service.
The business will make $250,000 this year.
If it's not going to die, I'm going to grow it. I want it to be sustainable.
You're kind of speaking at both sides of your mouth.
But Eric's star employee left, forcing him to work seven days a week.
Go ahead.
Hey, what's the good news?
You're probably going to have to lay off both your team members.
Getting too comfortable letting people. It sucks. Bit off way more than I can chew. Ended up flipping my dump trailer on the side of the interstate.
He recently got married.
The wife's acting like we haven't seen each other. I was like, what do you mean? We see each other at night, every.
Night, and bought a house.
I was just, like, playing around. But now I'm like, okay, I got a wife and a house, and I gotta dial in.
He doesn't know his numbers.
I've only been looking at it, like, once every couple months. Just like, okay, we haven't lost money.
I'm not even looking at that number. Cause right now, your numbers are all over the place. We don't even have a clue.
And I found out he's only making $50 an hour.
Can't keep growing at 50 to 55 dol.
This is the business turnaround show. My name is Mike Andes. I'm the founder of Augusta Lawn Care. We have over 190 locations around the world. I travel the country fixing struggling businesses.
You're like, hey, I need $500,000 a year. I believe you can actually do that with two or three employees.
Our goal is to give Eric a strategy to turn around the company in the next six weeks.
