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The Side Hustle Show
610: How a Teenager Built and Sold a 6-Figure Lawn Care Business
May 23, 2024
Jack Fleming, a young entrepreneur, shares how he started and sold a 6-figure lawn care business at 19. Topics include marketing, hiring, scaling, and setting up for a successful exit. Insights on managing a team, profit margins, online presence, and transitioning to a business owner mindset are covered.
57:23
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Quick takeaways
- Transitioning from personalized service to a multi-employee approach is crucial for business growth and scalability.
- Implementing digital tools and systems enhances operational efficiency and accuracy in managing various aspects of the business.
Deep dives
Transition from Solo Service Provider to Agency-Type Business
As the business evolved from a solo middle school operation to a structured agency, challenges like customer reactions to different workers emerged. Mrs. Smith expressed disappointment when someone other than Jack showed up, highlighting the transition from personalized service to a multi-employee approach. Hiring friends and gradually integrating other employees and crew managers facilitated the growth while aiming for a 40% margin on construction projects ensured profitability and scalability.
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Discover
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