His New Customers Won't Pay Off for 18 MONTHS! (Business Turnaround)

26 Jul 2024 · 28 min
28:13

Mike Andes coaches Joe and Matt on scaling their $300k pool service business to $1M. He warns against buying customer accounts at $2k each when they take 18 months to pay off, and recommends Google Ads instead to get customer acquisition costs under $300.

Questions this video answers

About $300,000

$1,000,000 (one million dollars) per year

$20,000

About 18 months (two years referenced when discussing cleaning obligation; Mike states ~18 months to recoup CAC)

Under $300 per customer (Mike said you can get under $300)

Chapters

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