610: How a Teenager Built and Sold a 6-Figure Lawn Care Business

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 23 May 2024

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

$70k in profit at age 19? Not bad for a summer business. Jack Fleming started his lawn care journey with just one lawn mower, knocking on his neighbors' doors. He grew Yard Boyz to generate tens of thousands in profit, allowing him to pay for college debt-free, before selling the business for a six-figure sum. In this inspiring episode, we cover: marketing a local service collecting reviews and protecting your reputation hiring and scaling setting the business up for a 6-figure exit Full show notes: How to Start a Lawn Care Business: $70k in Profit at 19 Your Listener Bonus: 101 Service Business Ideas Sponsors: Ladder – Get instantly approved for term life insurance—no doctors, no needles, no paperwork! Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post! Squarespace – Start building your professional website today! Hertz – Save at least 20% every time you rent a car with Hertz Business Rewards!

Transcript

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0:00.0	How a middle schooler started a business that eventually made 70 grand in profit in one year and then ultimately had a six figure exit at just 21 years old.
0:11.0	What's up, what's up Nick Loper here? Welcome to the Side Hustle Show, part of the
0:14.6	entrepreneur podcast and network. It's the business podcast you can actually apply. We're not talking
0:19.2	software today. We're not talking viral apps. We're not talking venture capital. We're talking lawn mowing. Yes, simple, local,
0:26.4	low overhead, strong margins. Incredible story for you today. I know it'll inspire a lot of
0:30.8	people to go out there and take action from mud labs
0:34.3	courses.com and formerly of Yard Boys Jack Fleming.
0:38.6	Welcome to the Side Hustle Show.
0:40.1	Thanks Nick. Thanks so much for having me and I'm really excited to talk, share my experience and a lot of the funny and sad and crazy stories along the way.
0:48.0	You bet it's been a cool journey so far and I know you're just getting started in the world of business.
0:52.0	But stick around, you're going to learn how Jack got its first customers,
0:55.2	grew the business so it wasn't relying on him cutting all the grass
0:58.1	and ultimately sold it for a six figure sum.
1:00.6	Talk about giving yourself a great financial foundation at a young age.
1:04.4	That's a real magic strategy of working for cash flow plus equity in the business.
1:09.3	Now you might not be interested in lawn care and I get it that's cool but you can still apply some
1:13.2	of Jack's broader strategies to whatever niche you choose that's why I put together
1:17.0	this week's listener only a bonus it's my big list of a hundred and one service
1:20.9	business ideas to get those creative juices flowing you can go download that 1st
1:24.6	service business ideas to get those creative juices flowing.
1:24.0	You can go download that for free at the show notes for this episode.
1:27.2	This follow the link in the episode description and you'll get right over there.
	...

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