Published On Feb 16, 2024
This is the toughest business turnaround we've had yet. Mike from Atta Boy Lawns had an employee embezzling over $50,000 from him and it put the business and Mike in a rally tough spot. Watch to the end where we catch up with Mike 2 months after our visit to see where he is at now.
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Chapters:
00:00:00 Intro
00:01:17 Employee Embezzles $50,000
00:05:01 Taking Loans to Get Out of Debt
00:09:16 How Employee was stealing
00:10:09 Best way to do Estimates
00:14:56 The Stress of Debt
00:22:06 How to Get out of Debt
00:25:59 Laying off Employees
00:28:20 Deferring Debt Payments to Bank
00:29:29 Improve Close Ratio
00:32:24 Failing Business Reality
00:34:54 2 Months Later...
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