@itshisturf23: From $2.2M Revenue & 32 Employees... Down to 12!

9 Jun 2021 · 64 min
1:03:46

Blake Hawthorne cut his landscaping company from 32 employees to 12 over nine months, slashing revenue from $2.2M. He ditched acquisition work, shed equipment, and faced payroll penalties, but refocused on high-margin maintenance jobs that let him breathe.

Questions this video answers

From about 32 employees down to about 12.

About nine months.

He reported just over $1.2 million that year after the downsize; he had been on track to do a little over $2 million before pausing in July.

The smaller-team year after the downsize did a little over $800,000; year-to-date (in June) they were just over $400,000.

Reported audit charge ~$16,800, a $26,000 penalty for 1099 vs W-2, about $40–50k lost in a bad acquisition transaction, and ~$30k lost redoing concrete work.

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