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

This $500K Roofing Business is on the Brink of Collapse!

31 Dec 2024 · 1 min

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A short transcript excerpt from a YouTube video by Mike Andes titled "This $500K Roofing Business is on the Brink of Collapse!" (Dec 31, 2024). The clip records a candid conversation where participants report severe financial strain: $14,000 in short-term loans (described as monthly), inability to make upcoming payroll, threat of legal action, zero accepted estimates/sales, and a claim that the business needs roughly $80,000 per month to break even. The speakers also discuss personal problems (sobriety, surrendering to God) and legacy concerns; Mike Andes expresses worry about how these issues damage body, relationships, and business.

Questions this video answers

$14,000 (described as monthly)

About $80,000 per month

Zero accepted estimates (no jobs sold)

We're paying $14,000 in loans a.
Month, man. I might not be able to make payrolls the next Monday. He said he was pretty much gonna have the law involved if I don't pay. All this, all this crap back.
At square one again.
So we got 14,000 in like short term. It's killing us debt.
Nobody wants to mess with me because.
My credit like you have to be doing 80 grand a month just to break even. But so far we've got zero accepted estimates from that.
No jobs are getting sold.
And so why do we have him?
You most likely will.
Not stay clean if you don't surrender to God.
Sobriety is everything.
So I'm realizing I can't be a.
Hero and run a profitable business.
I want to leave them a legacy.
Regards the camera. Like I am concerned for you. Things start to break down. Body relationships, business that you know.
Yep.