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

NO MONEY in the Bank... PAYROLL IS DUE!

8 Jan 2025 · 1 min

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YouTube video (Mike Andes, founder of Augusta Lawn Care) describing an urgent intervention for Justin at Kingdom Lawn Care who is unable to make payroll. The speaker reports severe cash-flow problems: Justin made $0, spends ~70% of revenue on wages, and is considering cutting customers to avoid bankruptcy; the speaker frames the situation as dire and representative of an industry under strain (rising complaints, morale and operational collapse).

Chapters

I don't even know how the that happened. I'm Mike Andes, founder of Augusta Lawn Care. We have over 150 locations around the world, and right now we're in New Jersey. Going to help Justin from Kingdom Lawn Care. Why? Because he's not making payroll. Literally made $0. Not a single dollar. I'll have, like, nights where I just won't sleep because of all the cash flow issues. Things are crumbling, and he's spending almost 70% of his revenue on wages. I don't even. I don't know what to do next. I don't know what my next step is. We actually need to get rid of customers. It just felt like everything was over. The alternative is that we keep losing money and the business goes out of business. It's a dying industry because nobody want got more complaints this month than we got all of last year. Oh, my gosh. Everything's falling apart. I don't know what I'm gonna do tomorrow. Let's see if we can turn this thing around.