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Lecture: Insights from 18-Year-Old Chase on Growing a Successful Pressure Washing Business
Jul 26, 2024
Insights from 18-Year-Old Chase on Growing a Successful Pressure Washing Business
Introduction
Chase's Revenue
: $12,000 a month on average
Annual Revenue Target
: $150,000
Business Start
: 1.5 years ago
Business Name
: Wizard Wash
Getting Started
Motivation
: Desire to work for himself
Reason for Pressure Washing
: Low investment, quick to start, enjoys working outside
Initial Investment
: $3,000 - $4,000 from a job at a pizza place
Spent on equipment, marketing, and logo
Used low-budget marketing (flyers, local advertising)
Challenges Faced
Pricing
: Understanding bid rates and adjusting prices
Initially low prices with a high close rate
Now targeting lower close rates but higher prices to increase profitability
Marketing Consistency
: Continuous marketing is crucial
Mistake: Stopping marketing while busy with work
Learning and Integration
: Reaching out to mentors and leveraging free resources like Facebook groups or forums
Practical Tips for Starting
Zero Money Start
: Get a job first to save money for initial investment
Equipment Needed
:
Pressure washer (~$1,800 - $1,900 each)
Surface Cleaner
Additional accessories (hoses, chemicals)
Initial Steps
:
Create a professional look with branding (logos, wrapped vehicles)
Utilize free marketing platforms: Facebook, Google My Business, Nextdoor
Customer Acquisition
: Personal ongoing projects can attract neighbors and local clients
Business Operations
Service Types
: Pressure washing (houses, roofs, fences, driveways) and paver sealing
Workflow Management
: Using Market software ($30/month) for estimates, invoices, scheduling, and revenue tracking
Building Reviews
: Directly asking for reviews post-service, follow up with texts
Branding
: Unique, noticeable truck wraps and logos to stand out
Key Skills and Approach
Technical Skills
: Understanding surfaces to clean them effectively without causing damage
Sales Skills
: Building confidence, learning from mentors, and actively seeking knowledge from experienced professionals
Future Goals
Expansion
: Hiring part-timers, extending services, and eventually adding a second vehicle
Revenue Target
: $400,000 in the following year
Marketing Tactics
: Use of mailers and flyers, continual investment in branding and visibility
Advice for Aspiring Entrepreneurs
Mentorship
: Seek guidance from experienced professionals
Mindset
: Take the first step despite fears, persist through initial challenges
Customer Service
: Professional appearance, responsive communication, and transparency with clients
Financial Management
: Monitor margins, cautious investment in marketing
Conclusion
Chase's Success Mantra
: Face fears, commit to marketing, and continually learn and improve
📄
Full transcript