Contractor Millionaire

Manny Tejada

Each episode features a guest in the home services industry, sharing their personal journey and the challenges they've overcome to get to where they are. This is a very conversational podcast and we do not stick to a pre-written script. We keep it real!

  1. NOV 18

    Top 3 Tax Mistakes Landscapers Make That Costs Them $1,000's - Jim Flauaus and Manny Tejada

    In this episode of the Contractor Millionaire Podcast, host Manny Tejada and tax strategist Jim Flauaus discuss the top mistakes landscapers make regarding taxes and how to avoid them. They emphasize the importance of proactive tax planning, year-end strategies for savings, and the significance of choosing the right business entity. Jim shares insights on bonus depreciation, maximizing deductions on equipment purchases, and navigating tax breaks legally. The conversation also touches on transitioning from business income to home ownership and the financial strategies that can help landscapers thrive. You can contact Jim Flauaus here: Contact Link: https://tinyurl.com/contactanchorman Website: https://anchoraccountingandtax.com IG: https://www.instagram.com/anchor_tax FB: https://www.facebook.com/IRSProblemSolver LinkedIn: https://www.linkedin.com/in/jimflauaus TikTok: https://www.tiktok.com/@anchor_man1 You can contact Manny Tejada here: Website: https://landscapemaverick.com IG: https://www.instagram.com/landscapemaverick FB: https://www.facebook.com/LandscapeMaverick LinkedIn: linkedin.com/company/landscapemaverick Takeaways - Landscapers often neglect proactive tax planning, leading to missed savings. - Choosing the right business entity can significantly impact tax liabilities. - Bonus depreciation allows for immediate write-offs on equipment purchases. - Year-end strategies can lead to substantial tax savings if implemented correctly. - Setting aside a percentage of income for taxes can prevent cash flow issues. - Prepaying expenses can help maximize deductions for the current tax year. - Understanding the difference between tax preparation and tax planning is crucial. - Navigating tax breaks legally is essential for business owners. - Investing in real estate can provide additional tax benefits. - Consulting with a tax professional can help tailor strategies to individual business needs. Chapters 00:00 Introduction to Tax Strategies for Landscapers 01:38 Common Mistakes Landscapers Make with Taxes 07:06 The Importance of Proactive Tax Planning 11:20 Year-End Strategies for Tax Savings 19:48 Choosing the Right Business Entity 23:49 Understanding Tax Breaks and Incentives 25:48 Bonus Depreciation Explained 26:06 Understanding Depreciation and Tax Benefits 29:32 When Not to Take Full Depreciation 33:36 Exploring the Big Beautiful Bill 36:22 Strategies for Accelerating Expenses 41:11 Transitioning to Home Ownership as a Business Owner If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    47 min
  2. The Structure of a $20 Million Landscape Company - Justin White - K&D Landscaping

    11/15/2024

    The Structure of a $20 Million Landscape Company - Justin White - K&D Landscaping

    In this episode of the Digital Toolbox Podcast, host Enmanuel Tejada interviews Justin White, CEO of K&D Landscaping, who shares his inspiring journey from taking over his family business to achieving remarkable growth. They have grown from $1M to over $20M per year over the last 10 years! Justin discusses the importance of organic growth, effective marketing strategies, and building a strong workforce. He emphasizes the need for a solid organizational structure and the role of a CEO in a growing company. The conversation also touches on private equity insights and Justin's vision for the future, including the launch of the JW Group community for landscapers. Justin's Instagram: https://www.instagram.com/justinwhitekdceo/ JW Group Website: https://www.jwhitegroup.com/ K&D Landscaping Website: https://kndlandscaping.com/ Takeaways Justin took over his family landscaping business at 25.The company grew from $1 million to $20 million in revenue.Organic growth was achieved through effective marketing and hiring.Cultural fit is crucial when hiring key positions.The importance of having a clear vision for the future.Building a strong workforce is essential for success.Systems and processes need to be documented and accessible.Private equity can impact company culture and operations.Community building is vital for landscapers to share knowledge.Continuous improvement is necessary for long-term growth. Chapters 00:00 Introduction to the Digital Toolbox Podcast 01:12 Justin White's Journey in Landscaping 03:41 Rapid Growth and Business Strategy 08:42 Overcoming Personal Challenges and Finding Purpose 13:32 Transitioning to Business Leadership 21:59 Service Offerings and Market Expansion 24:36 Marketing Strategies and Inbound Leads 29:57 Building a Strong Workforce 35:42 Organizational Structure of a $20 Million Business 39:45 The Role of a CEO in a Growing Company 53:56 Vision for the Future and Private Equity Insights 01:04:41 Hiring Strategies for Key Positions 01:10:34 Launching the JW Group Community Keywords landscaping, business growth, marketing strategies, leadership, private equity, community building, organic growth, service offerings, workforce management, CEO insights If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    1h 13m
  3. Reverse Engineering Business Goals for Growth - Edwyn Kumar - Ultra Team Development

    11/03/2024

    Reverse Engineering Business Goals for Growth - Edwyn Kumar - Ultra Team Development

    In this episode of the Digital Toolbox Podcast, host Manny interviews Edwyn Kumar, a business coach and consultant. Edwyn shares his background and expertise in helping small to medium businesses grow and scale. He emphasizes the importance of specialization and delivering a high-quality product or service. Edwin also discusses the operational side of business, the need for strategic decision-making, and the value of forming strong relationships. Edwyn provides insights on scaling a business and the critical role of networking and partnerships. In this conversation, Edwyn shares valuable insights on growing a business in the home service industry. He emphasizes the importance of building a strong network and finding ambitious individuals to grow with. Edwyn also discusses the need for efficient business structures and the concept of integrated development. He challenges the idea of not working with family and highlights the importance of trust and communication within a team. Edwyn provides practical advice on scaling a business, optimizing operational logistics, and prioritizing the right areas for growth. Edwyn's Contact Details: Website: https://ultrateamdev.ca/ LinkedIn: https://www.linkedin.com/in/edwyn-kumar/ Instagram: https://www.instagram.com/ultrateamdev   Takeaways Specialize in a specific area or service to dominate a marketDevelop operational structures that support your core product or serviceFocus on business development and personal branding to scale your businessBuild strong relationships and network with others in your industryConsider partnerships and collaborations to expand your offeringsReverse engineer your business goals to determine the necessary steps for growth Building a strong network and finding ambitious individuals to grow with is crucial for business growth.Efficient business structures and integrated development are key to scaling a business.Working with family can be successful if there is trust and effective communication.Optimizing operational logistics and prioritizing the right areas for growth are essential for scaling a business. Chapters 00:00 Introduction and Background 07:26 Specialization and Delivering a High-Quality Product 16:03 Operational Structure and Strategic Decision-Making 21:08 The Value of Forming Strong Relationships 25:42 Networking and Partnerships for Business Growth 30:08 Scaling a Business through Business Development 33:56 Reverse Engineering Business Goals for Growth 41:49 Does It Have Legs? 48:09 Focus on the Right Things 52:28 Prioritizing Your Top Priority 56:47 Responsibility, Authority, and Accountability 01:02:45 Color Code Your Schedule Keywords business growth, scaling a business, specialization, operational structure, strategic decision-making, forming relationships, networking, partnerships, business growth, home service industry, network, ambitious individuals, business structure, integrated development, working with family, trust, communication, scaling a business, operational logistics, growth priorities If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    59 min
  4. The Foundation of a Multi Million Dollar Hardscape Business - Anthony Mann Jr. - The Anthony Group

    10/12/2024

    The Foundation of a Multi Million Dollar Hardscape Business - Anthony Mann Jr. - The Anthony Group

    In this episode of The Digital Toolbox Podcast, host Enmanuel Tejada welcomes Anthony Mann Jr., a seasoned professional in the hardscape industry. They discuss Anthony's journey from his early days in landscaping to becoming a successful entrepreneur. The conversation delves into the importance of health and fitness, particularly through the 75 Hard program, and how it has transformed Anthony's life and business. They explore the nuances of the hardscape industry, emphasizing quality, client relationships, and the significance of mentorship for the next generation of contractors. Anthony shares insights on project longevity, the challenges of commercial work, and the profitability of snow services. The episode concludes with a discussion on the upcoming coaching and mentorship initiatives aimed at empowering young professionals in the industry. Takeaways The 75 Hard program significantly impacted my business growth.Health and fitness are crucial for mental clarity and business success.Building strong client relationships is key to long-term success.Quality and details matter in every project we undertake.Mentorship is essential for the next generation of contractors.Transitioning from residential to commercial work requires strong relationships.Snow services can be more profitable than hardscaping.Every job is unique and requires a tailored approach.Trust and integrity are vital in the contracting business.Continuous learning and adaptation are necessary for success.  Chapters 00:00 Introduction to the Podcast and Guests 03:03 Early Life and Career Beginnings 06:03 Transitioning to Business and Marketing 09:13 The 75 Hard Program and Its Impact 11:54 Health Transformation and Lifestyle Changes 15:04 Business Growth and Coaching Influence 18:07 Hardscape Industry Insights and Innovations 20:52 Project Longevity and Quality Standards 24:07 Building Relationships and Client Trust 27:03 Commercial vs. Residential Work 30:09 Snow Services and Operational Strategies 33:13 Mentorship and Coaching Future Plans If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    1h 19m
  5. Maximizing Profitability through Waste Reduction and SOP's - Kevin Scott - Muskoka Landscapers

    09/21/2024

    Maximizing Profitability through Waste Reduction and SOP's - Kevin Scott - Muskoka Landscapers

    Summary In this episode of the Digital Toolbox Podcast, Enmanuel interviews Kevin Scott, owner of Muskoka Landscapers, for the second time. They discuss the high-end landscaping projects they work on in Muskoka, Canada, which cater to wealthy clients from around the world. Kevin shares insights on how they focus on improving their net profit by eliminating waste and increasing efficiency. They use various software tools like Google Drive, 4x4, QuickBooks, and To Do List to streamline their operations. Kevin also emphasizes the importance of training, consistency, and communication in reducing waste and maximizing profitability. Kevin Scott discusses the tools and systems his company uses to streamline operations and improve efficiency. He emphasizes the importance of standard operating procedures (SOPs) and how they help create accountability and provide clear guidelines for employees. Scott also introduces his upcoming project, the Wealthy Landscaper, a community and platform for landscape entrepreneurs to share information and learn from industry leaders. The platform will offer templates, SOPs, and interviews, and will have an accelerator program for those looking to expedite their business growth. Takeaways Muskoka Landscapers specializes in high-end landscaping projects for wealthy clients in Muskoka, Canada.They focus on improving their net profit by eliminating waste and increasing efficiency.They use software tools like Google Drive, 4x4, QuickBooks, and To Do List to streamline their operations.Training, consistency, and communication are key in reducing waste and maximizing profitability. Standard operating procedures (SOPs) are essential for creating accountability and providing clear guidelines for employees.Using tools like Google Drive and project management software can help streamline operations and improve efficiency.The Wealthy Landscaper is a community and platform for landscape entrepreneurs to share information and learn from industry leaders.The platform will offer templates, SOPs, and interviews, and will have an accelerator program for those looking to expedite their business growth. Chapters 00:00 Introduction and Background 03:17 Creating High-End Landscaping Projects in Muskoka 08:03 Maximizing Profitability through Waste Reduction 10:03 Streamlining Operations with Software Tools 13:18 The Importance of Training, Consistency, and Communication 24:27 Streamlining Operations with Standard Operating Procedures 29:38 Introducing the Wealthy Landscaper: A Community for Landscape Entrepreneurs 45:13 Tools and Systems for Efficiency in the Landscape Business Keywords landscaping, Muskoka, high-end projects, waste reduction, efficiency, software tools, training, consistency, communication, profitability, landscape business, standard operating procedures, efficiency, systems, Wealthy Landscaper, community, platform, templates, SOPs, accelerator program If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    45 min
  6. 0 to 1 Million in 12 Months with Luxury Landscaping - Jacob Farling - ORO Landscape

    09/12/2024

    0 to 1 Million in 12 Months with Luxury Landscaping - Jacob Farling - ORO Landscape

    Summary Jacob Farling from ORO Landscape shares his journey from high school to dropping out of college and starting his own landscaping business and reaching over 1 Million in revenue. He talks about his early experiences mowing lawns and the challenges he faced in school. Jacob discusses his foray into real estate and the lessons he learned from a tough mentor. He then shares how he landed his first landscaping job and the obstacles he overcame to complete it successfully. Jacob's story is a testament to his determination and willingness to take risks in pursuit of his entrepreneurial dreams. Jacob shares his journey of starting his landscaping business, from taking on his first big job to selling his lawn care business and going all-in on landscaping. He emphasizes the importance of learning from experience and being willing to take risks. Jacob also discusses the role of coaching and mentorship in his success, particularly his experience with Chase Gallagher. He highlights the challenges he faced, including door knocking in the winter and dealing with rejection, but emphasizes his determination to keep pushing forward. In this conversation, Jacob shares his experience starting and growing his landscaping business. He emphasizes the importance of taking action, learning from mistakes, and constantly improving. Jacob discusses the role of sales and marketing in his business, as well as the value of providing excellent customer service. He also talks about the challenges he has faced and the hate he has received from others in the industry. Jacob offers advice for aspiring landscapers, including the importance of having a website, door knocking to find clients, and reaching out to your social network. He also announces his upcoming coaching program and the opportunity for three students to learn from him. Get in Touch with Jacob: Instagram: https://www.instagram.com/jacobfarling/ Website: https://orolandscape.com/ Jacob's Recent Magazine Feature: https://issuu.com/trishaventker/docs/denver_spring_2024/18 Chapters 00:00 Introduction and Background 03:33 High School and Early Entrepreneurial Ventures 08:50 College and the Decision to Drop Out 18:04 Returning Home and Starting a Landscaping Business 24:06 Taking Risks and Learning from Failure 26:21 Landing a Major Landscaping Job 29:22 Overcoming Challenges and Building Strong Client Relationships 30:52 Starting with a Cracked Footer 33:02 Realizing the Potential of Landscaping 35:39 Taking the Leap and Dropping Out of College 39:35 Finding Inspiration and Rebranding 49:08 Door Knocking and Landing the First Big Job 59:08 Coaching and Going All-In on Luxury Landscaping 01:06:26 Persistence and Overcoming Rejection 01:06:38 Taking Action and Learning from Mistakes 01:14:51 Providing Excellent Customer Service and Constantly Improving 01:19:06 Facing Challenges and Overcoming Hate 01:20:27 Building a Strong Online Presence and Finding Clients 01:24:48 Joining Jacob's Coaching Program for Personalized Guidance If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    1h 35m
  7. Taking Calculated Risks and Learning from Experience - James Doyle - Innovative Lawn and landscape

    08/23/2024

    Taking Calculated Risks and Learning from Experience - James Doyle - Innovative Lawn and landscape

    In this conversation, James Doyle, owner of Innovative CT, shares his journey from being a troublemaker in high school to starting his own landscaping business. He talks about the mentors who helped him stay in school and find his path. James discusses how he started his business, focusing on excellent presentation and using social media to showcase their work. He explains their approach to lawn maintenance and their specialization in communal living and condo association maintenance. James also discusses their hardscape projects, including drainage work and land management. He shares the story of a large-scale disc golf course project they worked on. In this conversation, James Doyle discusses the challenges of a landscaping project, the process of acquiring another company, and offers advice for aspiring landscapers. He emphasizes the importance of having a strong support system, trusting your team, and investing in key players. James also shares his personal journey of self-improvement and the benefits of surrounding yourself with high-performing entrepreneurs. He encourages entrepreneurs to take care of themselves and prioritize their well-being. Innovative CT Website: https://innovativect.com/ Innovative CT Instagram: https://www.instagram.com/innovativelawnandlandscapellc/ takeaways Having mentors and support can make a significant impact on a person's life and help them find their path.Using social media as a portfolio can help showcase your work and attract customers.Focusing on excellent presentation and professionalism can set a business apart.Specializing in a niche market, such as communal living and condo association maintenance, can lead to long-term contracts.Taking calculated risks and learning from experience is essential for business growth.Delegating tasks and trusting employees is crucial for working on the business rather than in the business.Hardscape projects, such as drainage work and land management, can be profitable and require specialized equipment and skills.Large-scale projects, like the disc golf course, can provide unique opportunities for growth and long-term relationships with clients. Having a strong support system, such as a supportive spouse, is crucial for success in entrepreneurship.Investing in key players who bring value to your company can lead to growth and success.Surrounding yourself with high-performing entrepreneurs can push you to achieve more and improve your mindset.Taking care of your physical and mental well-being is essential for long-term success in entrepreneurship.Trusting your team and empowering them to make decisions can lead to better outcomes and growth for your business. Chapters 00:00 James Doyle's Background and Introduction 05:12 From High School Troublemaker to Business Owner 13:11 Building a Brand and Showcasing Work 15:31 Specializing in Communal Living and Condo Association Maintenance 24:35 Hardscape Projects: Drainage Work and Land Management 25:30 The Disc Golf Course Project: A Unique Opportunity for Growth 26:15 The Challenges of a Landscaping Project 27:34 The Process of Acquiring Another Company 35:14 Advice for Aspiring Landscapers keywords landscaping, business, mentors, high school, troublemaker, starting a business, excellent presentation, social media, lawn maintenance, communal living, condo association, hardscape projects, drainage work, land management, disc golf course, landscaping, acquisition, support system, team, self- If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    43 min
  8. Problem-Solving Mindset as a Landscape Company Owner - Vinny Machado - Maple Tree Landscape

    08/09/2024

    Problem-Solving Mindset as a Landscape Company Owner - Vinny Machado - Maple Tree Landscape

    Vinny Machado, owner of Maple Tree Landscape, shares his journey from Brazil to the United States and his path to becoming a successful landscaper. He started his landscaping career working for a company and eventually decided to start his own business. Vinny initially used creative marketing strategies, such as putting flyers in newspapers, to attract his first clients. Over time, he learned the importance of business coaching and implementing new strategies to scale his business. Today, Vinny's company has 15 employees and generates close to two and a half million dollars in revenue. Vinny Machado shares his insights on growing a successful landscaping business, emphasizing the importance of knowing your worth, providing excellent customer service, and continuously improving. He discusses the strategies he uses to streamline operations, such as using CRM software and creating videos to communicate with employees and customers. Vinny also highlights the value of offering additional services, like 3D designs and power washing, to differentiate his business from competitors. He emphasizes the need for problem-solving and a positive mindset when dealing with challenges. Vinny's advice for aspiring landscapers is to start small, work hard, and gradually increase prices as the business grows. Takeaways Starting a landscaping business requires hard work and dedicationCreative marketing strategies can help attract clientsInvesting in business coaching and learning new strategies is crucial for growthSetting minimum pricing standards can help increase profitabilityImplementing new ideas and being open to change is essential for scaling a business Start small, work hard, and gradually increase prices as your business grows.Invest in CRM software and use it to streamline operations and improve communication with employees and customers.Offer additional services, such as 3D designs and power washing, to differentiate your business and provide more value to customers.Emphasize problem-solving and a positive mindset when dealing with challenges.Focus on continuous improvement and always strive to be better. Chapters 00:00 Introduction and Background 03:03 Starting a Landscaping Business 09:00 Creative Marketing Strategies 15:52 The Importance of Business Coaching 19:06 Scaling the Business 23:13 Setting Pricing Standards 25:21 Implementing New Ideas 26:23 Establishing Prices and Closing Deals 29:40 Streamlining Operations with Video Communication 34:24 Differentiating the Business with 3D Designs 37:07 Focus on a Specific Area to Make More Money 39:25 Offering Additional Services: Deer Repellent and Power Washing 45:01 Work-Life Balance and Structuring the Day 49:07 Starting Small and Knowing Your Worth 53:53 Continuous Improvement and Increasing Prices 55:21 Conclusion keywords landscaping, entrepreneurship, business coaching, marketing strategies, scaling a business, landscaping, business growth, customer service, CRM software, additional services, problem-solving, positive mindset If you are in need of branding or marketing help for your landscape or hardscape company, book a FREE 1 on 1 call with me here: https://calendly.com/landscapemaverick/discovery-call

    55 min

About

Each episode features a guest in the home services industry, sharing their personal journey and the challenges they've overcome to get to where they are. This is a very conversational podcast and we do not stick to a pre-written script. We keep it real!