Start-Up Costs 💰
How did you come up with the money to start your business? Did you save up or borrow to start your dream? Starting out, I used my own money to acquire the equipment needed. It kept the risk low while I navigated our first few years in business. Which path did you choose?899Views3likes6CommentsWin $250 for sharing your advice in The Home Service Community!
From December 11-18, ask or answer a question today for your chance to win one of four $250 gift cards—$1,000 in prizes! The giveaway closes on December 18, 2024. To be eligible to win you must live in the United States or Canada (with the exception of Quebec) and be over the age of 18. Click here to review the full rules of this giveaway. Winners have been announced here!762Views9likes56CommentsWhy do you think 4 out of 5 businesses fail and what are you doing to avoid joining the majority?
I personally have noticed that many times it is a talented individual who moves off to start their own business, but they lack financial education. Eventually, the lack of financial education comes up against the risk they have taken on (you don’t know what you don’t know) and they collide in a terrible mess that often costs them their dream. What are your thoughts??428Views7likes14Comments🌟 Feeling burnt out? You aren’t alone. Let's share, vent, & connect with Ask an Expert guest, Chanique Stewart 🌟
34% of entrepreneurs experience burnout—and home service pros are no exception! As a business coach and entrepreneurship influencer for over four years, I’m dedicated to helping other business owners succeed personally and professionally. 🚀 From Dec. 11 - 17, I want to use this opportunity to spark discussions about your experience with burnout. What strategies work or don’t work for you? Need feedback on your planning strategies and daily habits? Let’s create a realistic balance between your health and your work together. 🙌244Views5likes27Comments🌟 Facing Failure Head-On: An Honest Talk About Business Mistakes 🌟
Hey Business Owners, Have you faced business challenges you’re not sure how to overcome? Wondering how to avoid common pitfalls or bounce back stronger from failure? Failure is part of every business owner's journey—but it doesn’t have to define your future. Hi, I’m David Moerman, owner of Home Service Business Coach and Revive Services, and from January 15–21, I’ll be hosting this month’s Ask An Expert session. With 16 years of experience in the home service industry, I’ve made my fair share of mistakes. But those mistakes have helped me build thriving businesses, coach 330+ entrepreneurs, and generate over $6 million in revenue in the home service industry. Post your stories and ask your toughest questions—I’m ready to help! Let’s tackle failure head-on and turn it into a stepping stone for growth.💪 If you missed my session at Jobber Blueprint: Live, "Bouncing Back From Business Failures," check out upcoming events here: jobber.com/events.198Views4likes11CommentsFranchising Your Home Service Company
Playing in the 'major leagues' is not as hard you might think. Have you ever wondered how national brands grow & dominate their spaces? Franchising your home service company is a tremendous way to limit risk, add new revenue, grow with other people's money, give employees a REAL track of growth to dominate your space. I started using jobber in 2013 for my window cleaning company. I franchised it in 2020 and sold 13 locations in Ut, Az, Kansas & the midwest. (Now they all use Jobber) I'm obsessed with helping others do the same. Did you know that Home Service Franchises are the #1 most sought after franchise concept? It's true. I used to make fun of Fish Window Cleaning & other brands because their services were "sub-par" in my eyes. However - I realized, that just doesn't matter because the franchisor (Fish Corporate) has 350 locations & makes tens of millions, so who's really laughing? If you've ever thought about franchising your business this is the discussion for you!127Views3likes7CommentsThis Book Has Been Foundational For Me!
Alright, listen up. If you’re runnin’ a small business and haven’t read Michael Gerber’s The E-Myth Revisited, you’re missin’ out big time. This book’s a game-changer, no two ways about it. Gerber breaks down why most small businesses fall flat and how to dodge that bullet. And here’s the kicker: it ain’t about how good you are at your repairing something; it’s about how well you run the business. Gerber’s got this idea that every business owner’s got three jobs: The Technician – the doer. This is the one out there grindin’ it out, doin’ the actual work. You’re a plumber? That’s you fixin’ leaks. The Manager – the one keepin’ things in line. Schedules, budgets, makin’ sure everything’s runnin’ smooth. The Entrepreneur – the big thinker. The one lookin’ down the road, dreamin’ up where this business can go next. Problem is, most folks are stuck bein’ just Technicians. They’re good at doin’ the work but not so good at runnin’ the show. That’s why they end up exhausted, overwhelmed, and still strapped for cash. If you wanna run a solid business, you gotta stop tryin’ to do everything yourself. You need systems & processes, you need to be able to hand stuff off so the whole thing doesn’t fall apart if you’re not there. That means you gotta step up as the Manager and Entrepreneur, not just the Technician. It’s the only way you’re gonna grow and get outta the daily grind. The eventual goal is to be in Entrepreneur mode full time! There’s even an E-Myth Contractor version, but don’t jump there just yet. Start with the original. The basics are the same no matter what kind of gig you’re runnin’, and once you get those down, then you can see how it fits for your trade. The E-Myth ain’t just a book; it’s a playbook for people like us running a business.74Views3likes2Comments