Posted in Blog

The Attraction To Creating A Heating, Ventilation & Air Conditioning Services Company

When one fabricates an idea in their mind to create a company and they have the passion and drive to build something great that is beyond just a job for themselves, it can become a true story of inspiration. This applies to any kind of business, and especially for home service oriented companies. Where an owner realizes the potential of what he can do with a new business by understanding the concepts of marketing in a unique manner and combining it with quality work and great customer service, it is a recipe for endless success. Despite what some proprietors may say about earning potential, this article states it is basically unlimited.

Current Status of Most HVAC Service Companies

The mantra of starting a company to become an owner and operator that perpetually is the guy spinning wrenches needs to come to a close. Usually the reasons behind staying at this level make no logical sense and stem from egotistical thoughts – they say:

    • “Oh, customers want the owner on site”
    • “No one can do this job better than me!”

The list goes on forever. These excuses are all false, and they are simply that, an excuse to look beyond solving the actual problem and usually this person will drown their sorrows in alcohol each evening to mask the problem. The real problem is that these company owners are not seeing the full potential of their business because they have tunnel vision that is hyper focused on these excuses.

Unlocking The Full Earning Potential With A Plan

Once the fog has been wiped off the lens of the an owner who realizes their dream can be manifested, the next step is the work to make it happen.

A testimonial of proof with these actions in play comes from a contractor that offers air conditioning repair Brooklyn Park, MN, they wrote out their plan, and by plan it refers to basic calculations for goals they want to achieve. This does not involved a sixty page powerpoint presentation that most would assume a business plan entails. It involves taking a couple hours and figuring out what you want in life, long term financial security is usually at the top of every business owner’s list.  Then writing it down and placing the numbers in a spreadsheet and working backwards from the top to see how much must be earned daily to make it happen. 

Start with the massive goal, let’s say $3M liquid cash accumulated through earnings with the business and then the eventual sale of the business. Then you simply work backwards. If you are able to sell your business after 7 years of ownership by putting together the proper management protocol for growth, let’s say you are able to sell it outright and clear $2.5M after any debts the business may have is paid off. This means you’d additionally need $500,000 that was earned post tax through the business over those 7 years. For the first 2 years you don’t take a salary and work nonstop. This means at year 3-7 you’d need to take in $100k post tax and stash away while continuing your growth.

Work how the rest of the world (the 99%’ers) won’t, and then after 5-7 years of that you will have the ability to live how those 99%’ers never will and could only dream about. That is where the old saying of “entrepreneurs are willing to work 80 hours a week to avoid working 40 hours per week” comes into play, however this statement is only true when the right series of actions are taken upon by working diligently to delegate and scale. The part of “avoid working 40 hours per week” comes when that entrepreneur has millions in cash after those years of grinding and has those millions invested into low risk investments and earning him 5%-10% yearly without more than a couple hours per week of managing his time. Allowing him to choose how he wants to spend his time – he could sit on the beach, travel or start another company, perhaps an online education company of how he executed the exact methodology of how he arrived at his current financial position.

Posted in Blog

Is Lawn Care The Best Business To Start?

When anyone has the desire to start a business, the first ones that come to mind for most are the most widely known – restaurant, construction, open a franchise, lawn services, even a lemonade stand comes to mind. Others may mention consulting services, or coaching. The amount of business models out there are truly endless. Today we want to discuss the yard services company, which is not limited to just cutting grass like some may believe.

The Earning Potential of Lawn Service Companies

The folks are generally the people that look down upon this business model, while they are few and far between, but it is usually from their corporate drone cubicle where they might make that measly $50,000 per year salary at the expense of sixty hour work weeks. These people are usually miserable individuals who are the personality type that thinks they know everything about the world, and while they may be well educated and know a lot, they have not executed on anything. Meaning they have not taken the entrepreneurial risk beyond buying themselves a laptop so they can sit on forums like reddit and comment their worthless opinion on YouTube.

The Highest Earning Landscape and Lawn Company is Over $2 Billion!

Here’s the bottom line, if you are a person who has any interest in a lawn or landscape related business, the earning potential is essentially no limit. As shown in the Lawn and Landscape Magazine Top 100 Landscape Companies list of highest earners. These are voluntary entries to be placed onto this list, as revenue data for private companies is not shown publicly.

Take that guy who is sitting in his office miserable but making $50,000 per year, looking down upon the young hustler out there grinding with his landscape or lawn care company. To say that a seasoned lawn care entrepreneur who puts systems in place to automate his business can easily rake in $100,000 PER MONTH (profit that goes to the owners pocket, less taxes of course) while maybe working a couple days per week. As long as they put the right protocol and management personnel and systems for the entire operating procedure of a company, it is absolutely doable.

You will encounter naysayers and doubters though.

“Do not let a doubter say otherwise – especially the doubters a young or new entrepreneur will encounter within the green industry.” – Local Outdoor Services owner, a provider of lawn care in Dallas, TX.

Many of these doubters are yard care and landscape company owners who reach a level of mediocrity in their business, meaning their basic needs are covered and they maybe can afford some toys for fun on the weekend, but they either don’t understand or they place fear on, the investment of growing their company, because it frankly is daunting. But is it worth the work and financial risk? Is earning even $10,000 a month on “near autopilot” worth it? These businesses are not going anywhere, and a well managed business can easily provide income for years to come. How about $50,000 per month? Or step it up the 6 figures per month rate, it is all possible and with a ton of effort, focus, working smart and hiring the right people and ensuring your employees and clients are treated right.

This video delves more into the process of taking a lawn and landscape business and growing it to the 6 figure range.

Posted in Blog

What Are We All About

The World Class Fabrication Association (WFCA) is all about sharing tips and tricks for creating things. Not just fabrication in the sense of welding or creating things made of metal but creating anything great. A great architectural design of a home or backyard, building a great business, doing something historical and so much more. The list of content we want to share derives from the discussions during our weekly meetings, so expect content to be posted frequently. We share this content so we can share the helpful insight our members provide.

Our range of content ranges across several industries as we have contributors and business owners in our group from dozens of industries including:

  • Real Estate
  • Financial
  • Tax
  • Law
  • Contractors of all kinds – lawn, landscape, deck, remodeling, plumbing, siding, roofing, painting, HVAC and more
  • Design and Architectural
  • Restaurateurs
  • Cleaners and Janitorial
  • Fitness and Dietitians
  • Supplement and Food
  • Consulting
  • Professional Services
  • Retail Stores
  • Wholesale Distribution

Those are just a few of the industries that our many members work and own companies in. With all that, be on the lookout for the new content coming your way and be sure to bookmark our website so you can check back easy to see our updated posts!