This $1.7M/year Landscaping Business is DROWNING in DEBT!

6 Jun 2025 · 55 min
54:42

Luke Dickerson's $1.7M landscaping company in Dayton is bleeding money despite solid revenue, plagued by theft, turnover, and customer complaints. Mike Andes identifies broken trust and weak leadership as the real problem, then walks through a turnaround plan: radical humility, an all-staff meeting, removing surveillance cameras as a gesture of good faith, and rebuilding from there.

Questions this video answers

Approximately $1.7 million per year.

About 12 employees in the field (plus an office manager and part-time shop person).

Accounts receivable reported as over $100,000.

About 19% EBITDA last year.

Approximately $52,000 of credit card debt (noted alongside cash in bank ~$50,000).

Chapters

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