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

Let's get this guy $40,000 in 2 weeks!

15 Apr 2024 · 0 min

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0:01

A short conversational excerpt from a YouTube video (hosted by Mike Andes) in which speakers discuss rapidly raising cash by selling equipment/trays and collecting receivables. They enumerate amounts (e.g., $2,000 for an item, $1,000 for a tray, $15,000 in receivables with $5,000 assumed uncollectible) and conclude they can create $40,000 in about two weeks through liquidation.

Questions this video answers

$2,000

$1,000

$30,000

$15,000

$5,000

How much are we going to get for that thing? Two grand, you said?
Yeah, I'd say like two grand. Yeah.
And then for the tray, like another thousand bucks.
Yeah, I can get rid of that thing.
Okay, we have 30 grand. We can liquidate like that. Okay, we have $15,000 in receivables. Let's just say five of that's uncollectible. People that are never going to pay, despite you burning down their house, they're just not going to pay. So we have $40,000 we could create, technically, in two weeks.