PHOTO: IMAGEDB/ISTOCK / GETTY IMAGES PLUS/GETTY IMAGES
As an entrepreneur, one of the most satisfying things that happens is when you get an “aha” moment — when you figure out something that will help your company run smoother, tighter and better financially.
After owning and operating my own business for many years, I had several aha moments, including:
- Switching my clients from bimonthly to quarterly.
- Creating personalized service agreements for all our initial services, as well as for recurring services.
- Switching from using power sprayer rigs to using backpack sprayers.
- Eating turkey sausage instead of pork sausage.
- When I finally realized that Earth, Wind & Fire were singing “Say, do you remember?” instead of “Suddenly, you’ll remember” in their 1978 hit, “September.”
Now that I have sold my business and am consulting, I get a thrill from an owner saying, “Ohhhh, that makes sense!” Over the past 12 months, there have been several significant moments with the four mentees who participated in our “Start-up” articles this year. As we wrap up 2024, let’s take one more look at our four companies.
Marcus Richardson
Marcus Richardson, Finally Pest Control, Fishers, Ind.
2023 = $382,000
2024 = Goal was $490,000; November projection is $500,000
2025 = Goal is $650,000
Aha moment: Pursuing the residential pest control market instead of focusing on just commercial accounts.
Zach Bernstein and Kiki Uher
Zach Bernstein and Kiki Uher of Bugsy’s Pest Solutions DeLand, Fla.
2023 = $333,000
2024 = Goal was $400,000. November projection is $430,000
2025 = Goal is $600,000
Aha moment: Hiring the right people and firing ineffective people. The hard truth is that we must hire and fire with our brains, not our hearts.
Gabe Seymour
Gabe Seymour of Pest Patrol, Portland, Ore.
2023 = $406,000
2024 = Goal was $525,000. November projection is $680,000
2025 = Goal is $1 million
Aha moment: Not giving away too much to clients. We worked on upselling rodent services, and the results have been incredible.
Joseph Nguyen of Habitat Pest Solutions, Ramsey, Minn.
Joseph Nguyen
2023 = $110,000
2024 = Goal was $220,000. November projection is $290,000
2025= Goal is $500,000
Aha moment: Getting organized. We worked to create service agreements and finalize standard operating procedures (SOPs).
It has been a fun year for my mentees. Bernstein, Nguyen and Seymour became new fathers in 2024. Richardson won a prestigious award from Indiana for his pest control prowess. Bernstein has been making incredible money via attic insulation, while Seymour has been doing the same in crawlspaces.
When running a business, you’ll have some low points along with your victories. While Nguyen hit a home run with his first-ever hire, his car got hit by another driver. The other three had to terminate underperforming employees.
Goals for 2025 include:
- Seymour wants to perfect his attic insulation services and hire an office staff member.
- Bernstein is looking to eliminate lawn care services so he and Uher can become laser-focused on general pest control.
- Richardson wants to hire another tech in 2025 and possibly offer health insurance to his employees.
- Nguyen wants to scale back on his wildlife services and focus on general pest control. He also wants to continue his networking efforts.
So, Start-up Stories 2.0 is in the books, and I have great news! I have been 9-for-9 mentoring start-up businesses since we started this project two years ago. Thankfully, I haven’t screwed up and put anyone out of business yet.
Next month, we are going to introduce the next wave of entrepreneurs who have agreed to let us all peek into their operations. Have a blessed finish to 2024 and good luck in 2025. pmp
Schopen is founder of Schopen Pest Solutions and RV There Yet Pest Consulting, Bartlesville, Okla. You can email him here.
<p>The post 2024 start-up stories in review: A year of ahas and accomplishments first appeared on Pest Management Professional.</p>
from Pest Management Professional https://www.mypmp.net/2024/12/18/2024-start-up-stories-in-review-a-year-of-ahas-and-accomplishments/
Sacramento CA