Mike Minutes Mastermind 05/29/2023

Hello, Hello. Welcome to North Carolina. Our new studio here. Zach is my literally right hand man right now.

We just got in last night and so I'm going to try my best while I get this off of Facebook. There we go.

I'm gonna try my best over the next month to not spend a lot of time in the mic minutes going over what we're doing in North Carolina. I will reserve that for the separate course that I'm making for augustination. That where every day I'll just talk to the camera of what we're doing and kind of like the step by step of what I'm setting up. But.

Today'S kind of day zero because Memorial Day, everything's closed. Very, very unproductive. Can't get into ups where I need to like start getting things sent for print marketing, can't get anything for storage. Finding out that it's going to be a very difficult challenge. Haven't got a single lead yet, even though our ads were up all yet last week. So it's gonna be a grind, it's gonna be a lot of fun. You know, we're already thinking about reducing the size of the challenge, but we figured even if we fail at getting to where we want to be, still be good. So. But I'll be making a separate kind of video lectures and course for guesstimation each day and then I'll post at the end for everyone to see and then you'll be able to match it up with the videos that are public so you can kind of get the entertainment side and then the actual backend, what I'm working on and the number side.

What else did I want to share? Oh yeah, I wanted to share this. I had said a couple weeks ago or last week or sometime about thinking about your career in kind of like series of decades. Like you basically have like five or six really solid swings and you can do a. Sorry about the glare. There you go. If you can do a industry or stick to One thing for 10 years, you have a really good shot of being pretty proficient in that, in that industry and in that market. And a lot of people give up way too soon. And I said, look, even if you gave 10 years, any one thing, whether it be Augusta real estate, you know, getting in shape, a relationship, whatever it is, you have a solid five to six swings in your career if you just did 10 years per swing. So people overanalyze what is the right decision when if they just stuck to that decision for 10 years and really saw it through, they'd probably Become extremely good at it. And if they didn't, they'd still have five more swings. If, if you're young, right. Even if you're 40 though, you still could take a swing and then do three more swings and you could become a completely different career. Right. I was talking to one franchisee, he's like, you know, do this for 10 years and may I become a lawyer. I've always want to become a lawyer. Yeah, dude, 10 years, you can go, go back to school, go to a law firm, start as an entry level attorney or lawyer, work your way up in 10 years. Right. So like thinking about that way is important. Now. The reason I brought that up again is because someone shared this with me and I don't usually look on Instagram like I'm not very good at consuming information. I don't follow anyone. But this is Alex Morozim. Most you know who he is. But what I was interested in is the timeline. He. So he kind of broke down when he was 15, 18 working at smoothie King. He went to college and he got his degree and he saved $50,000. This is what I want you to notice is noticed the time frame from here when he learned to start his first gym. He started at 23 and spent his 50k that he had saved up. And look at to where now everyone is looking at him. And right now, 10 years. Exactly right. He's 33 now. So that's his, that's his big swing. Right now he's moving on to private equity, which is like his next 10 years probably in terms of his career. And so I want you to notice though, if he would have quit at 26 is when he had six gyms, lost everything. And lost everything for the second time. So he lost everything when he was 23 and then at 26 he lost everything, which means three years into business, he was still at zero. And so I think if you look at most businesses, most entrepreneurs, most small businesses that became big businesses is at some point they hit that in their first 10 years. And the question most of the time is not necessarily who is the better entrepreneur, it's who will get through that time of pain and actually see it out through the next seven, six, five years beyond that pain point. And so I just see time and time again when people quit and fail. And if they just realize that they have all the information that is going to make them what they will become in the future, and they have the expertise and the industry knowledge, they have the fact that they're the top 1 to 3% in their industry we have. They go chasing the other industry because they get discouraged by the fact that after three, four years things aren't working out. And so.

I'm coming up on my 10 years inside of lawn care and landscaping. And so I see the same things like, look, I almost quit so many times in years. 3, 4, 5, etc.

And.

I just think most people should think in series of decades instead of like months, like, oh, I'll try this out for a few months. Right. That's why when it comes like adding services to your business or relationships or like anything in life, it's like if you think of everything in terms of decades instead of months, days or weeks, you'll typically end up being more successful and you'll get through the hurdles that every single one of those things are going to incur, whether that be, you know, personal, personal health, physical health, you know, business, etc is thinking there's a longer term horizon. So that was my little rant for the day. All right, stop screen present. We got questions that came in. Share screen.

Okay, there's three and I answer these questions. All right, let's rock and roll. First question is from Devin from Red Deer. Do you drive Augusta trucks or estimate your cars to the gym? If so, fully loaded before or after work? Gotta get those gains, but gotta keep it professional. Oh man. So yeah, up until this year I had an estimator car that was Augusta or last year, I guess the year. So I had an estimate car that I just drove everywhere. Before that I had a truck until I got voted out in a team meeting due to efficiencies. So Yeah, I drove P5 for a long time and then I wouldn't drive it loaded, but I would now. Like right now, for example, like hopefully this evening we get our equipment in and I'm able to like I'm have to park one of the trucks probably here at our Airbnb just in the driveway because we don't have a storage spot for it. So it'll be fully loaded. I'll take that to the gym probably. So I don't really overthink this part at all. If it's just driving around town or driving to the gym or whatever, it's good branding. So I'd rather have it out at the gym, park next to the road, then sitting in my driveway. Huge question. Where do you get your max air freshener? Oh, that's funny. I post on Facebook. If you just look it up, there's. I put a link into who it was. I Forget exactly the name of it, but it's, it's. Yeah. Search in the Facebook group West Marine. I fired a, fired an employee two weeks ago. We give all our employees a company credit card after two weeks of unemployment. I apparently forgot to cancel his card. And just notice he spent $360 on May 28th. What kind of legal actions we take in something like this? How would you handle the situation? Well, first and foremost, it's your fault. So let's own that first for not canceling the card and then secondly, I would say don't take legal action. I would contact your credit card company and tell them exactly what happened and mark that charge as fraud and they'll give you your money back. They'll go after him. So you don't need to take legal action. This is why you have credit cards and use Visa. This is why Visa, Mastercard, American Express, etc exists and so you do not intake legal action. I hope you haven't contacted him. I would just not contact him. Honestly, this has happened to me before. You contact visa, you contact MasterCard, you contact your bank, whatever, say hey, this is, this is a fraudulent charge. This employee was fired and terminated on this date. This went and used a card. Depending on what kind of terms and conditions you might have in your agreement, like for example, certain cards are way better at this and that is they will just without recourse, without a question refunding the money and move on. Others if it's a lower level card, typically like entry level business cards, sometimes they'll want arbitration and they'll contact the person they'll do before they give you the 360 back. So I'd contact that them handle though I would not take this into your own hands. I would not do legal action. And when people say quote unquote legal action, it kind of gets on my nerves because real legal action is filing suit. Anything beyond that is threats. And so to just file a suit is going to cost you more than $360. It's going to cost you like at least $500, probably a thousand dollars for a half decent attorney. So you could threaten legal action. But again, like I'm not a huge fan of threatening. I've never threatened legal action. Augusta Lawn Care is the reason I'll bring this up is later this year you guys will hear me talk about a company that's putting me on a legal action right now and actually like trying to file suit and stuff. But with Augusta Lawn Care we have had over 12, at least 10, probably 12 by now. People that have, like, violated our trademark or copyright. Not one single time have I threatened legal action. Not one time have we had to sue anybody. It's because, like, just open communication is, like, so much better. And so if someone, like, violates Augusta's stuff, for example, I'll just literally contact them, like, hey, I wanted to make sure that, you know, that this is our trademark. Here's our number. Here's all the documentation. And wanted to make sure that we just weren't crossing each other's paths, and so there'd be no confusion for your customers or our customers. Let me know if you have any questions. And they get the point. Like, they know what's going on. But as soon as you throw up, like, we're going to take you to court, we're going to sue you. This is. This is threatening legal action. Like, all that stupid stuff. I just think it's so petty. I think so little of people when they threaten legal action, especially if they have never actually taken someone to court. They have actually absolutely no clue how it actually works. And so I would recommend people not be petty. It's a good business practice, in my opinion. All right, everyone. Well, this is day zero of our challenge. Day one is tomorrow or the next day, June 1st, whenever it is. We're gonna start on June 1st. We're gonna post our first video on June 1st. But today, we gotta. We gotta try to find a storage place. We need to get our equipment ready to roll, and we need to just, like, figure out what this place looks. It's expensive here, man. South Park, North Carolina. Look it up, dude. Some really cool houses, but, dude, it's pricey, which kills us on storage because I can't find anything for under $2,000 right now for storage, and I can't. Yeah, it's. It's. It's just bad news, so. All right, well, I'm gonna go try to find a storage unit. I will record a separate video at the end of each day for everyone here, and I will post that on a separate kind of course thing that we'll do just for gustination. So we just wait till the end of the month. It'll kind of be day one, day two, and a, you know, parallel with what we're doing on the. The public side. But I'll jump more into, like, the numbers exactly what's going on behind the scenes, how command center is working with me, things like that. So that way, again, if someone's starting a new location or you're handing this to a GM for example, or you want a GM to start your, you should be able to give them their first 30 days to say, hey, follow this. Here's your budget, et cetera. All right, guys, have a great day. We'll see you tomorrow. Keep submitting questions and everything. I might not be necessarily on time. I will not be on time. These will be all over the place for next month in terms of when I can hop on, but hope it's helpful. All right, guys, take care.