Thread by @LiamKircher

25 Years Old Making 55k/month from Scrubbing Toilets.

Generating life-changing cash flow at a young age is 100% possible.

The cleaning industry lives under the radar with how lucrative it can be.

🧵

1/ I will break down some key things in this industry: typical expenses, revenue/margins, and customers.

The format of how you can run a residential cleaning business is up to the business owner. There are many different formats.. but...

2/I believe mine is the best and gives you the ability to scale fast and bringing in instant cash flow.

I use all contractors- Individuals, as well as companies.

I try to cut down as many expenses as I can within my business and create as much profit and cash flow as possible.

3/ I have zero assets or equipment under my business and all I care about is CASHFLOW. I am in this industry to make money and use that cash flow as leverage to start other businesses ventures.

My only expenses: Marketing, Hiring/Recruiting, and Operations

See.... that is it..

4/ IMO that is much better than some heavy asset business with trucks breaking down every day and trying to manage cash flow because you are constantly replacing equipment.

ALRIGHT! Now customers!

Are they hard to get? NO, not at all.

It's the easiest thing around...

5/ I have cut my marketing budget to $140/month and use simple google ad campaigns to get daily leads.

In addition, I am no SEO or marketing wiz... I follow Google Ad campaign instructions and post them. It works, trust the algorithm.

People do not care about...

6/ who you are or what your branding looks like, they just want their pain relieved and that is a dirty home they want to be cleaned.

Revenue? What does it look like?

I am averaging 55k/month with an average of 30% net margins.

This industry is lucrative and...

7/ the barrier to entry is low in this industry which creates a great opportunity.

They are sole props that simply are just working inside the business and just trying to make a couple of bucks.

This is amazing news!!

Take advantage of this old-school dated industry.

8/ You can leverage automation through great CRMs as well as outsourcing to Virtual Assistants.

Using companies like:
@GetJobber & @OnlinejobsdotPH

Also...

Upsells in this industry can be HUGE revenue boosters.

9/ IMO, you need to be thinking of cleaning just like plumbing or any other home service provider.

Customers are calling you and have a pain point they are willing to pay good money to fix.

So take advantage of that and charge accordingly.

10/ Examples:

Same Day/Last Minute cleaning fees - Charge a $100 extra - People will pay they just want the job done and done well.

Additional Service Add ons (fridge cleaning or oven cleaning)

11/ Starting a cleaning residential cleaning business literally could take 1 week and an upfront cost of around $2,000.

$2k upfront with the opportunity to be making 55k/month in a couple of years.

This is a no-brainer for someone young that has very little capital.

If you are looking for young entrepreneurs to connect with, join @SullyBusiness, @SqueegeeGod, and me in our Young Bootstrappers Discord community!

We have over 1k members!!!

discord.gg/MJW9F6ESry