Robert Eisenstadt
speaker
116 appearances
1 recordings
1 series
first heard May 2025
last heard May 2025
Robert Eisenstadt’s voice in public audio — every appearance, attributed to the second.
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Appearances
And I tell everybody, I'm like, dude, whatever you start doing, it's probably not going to be what you end up doing. You just got to start learning some lessons and you'll, you know, you'll adapt and transition. Yeah. And so I called him back up. I said, hey, give me your boss's phone number. Got a hold of him. Went and bought like a whole truck and truck mount, box truck, no air conditioning.
And I told my buddy, I said, hey, quit your job. Come teach me how to clean carpet. I'll guarantee you a paycheck of 800 bucks a week. And we'll try and figure this out. That lasted, I don't know, maybe like seven or eight months until I went broke. Cause I had no, I had no money coming in. I didn't know how to run a business. I had no idea what I was doing.
So I had, you know, my friends or whatever would pay us to do their house, you know, just to kind of help us out or whatever. But I mean, I'm knocking doors left and right. Nobody's doing anything. You know, I'm trying to get into apartments, all this stuff. And so it got to a point where it was like, I either need to shut down my business and go get a job.
Yeah. But again, you know, young, dumb, naive.
It took me a long time to learn that. Thankfully I did, you know, by hiring coaches and mentors and all that stuff. Um, but yeah, so I went broke paying him and it was basically either shut down my business and go get a job or I have to let him go either way. He was good. He was losing his job. Thankfully he was super cool with it. We're still friends.
He just went back to his job that he had previously. And I just started knocking doors as hard as I could.
I probably knocked the door here at some point because I was going to real estate and property management companies. My thought process was how can I get the most amount of work with the least amount of visits as possible? Sure. Right. So property management companies, apartment complexes, those kind of things.
And so I went, got on with a couple of property management companies, started cleaning carpets until I got to like a thousand bucks a day. And I was like, all right, like I'm doing now I'm feeling better. I'm doing okay. Like my bills are paid, whatever. But then life happens, I had a baby, and then I started going broke again.
It wasn't that I was losing business, it's just my lifestyle increased. I had a child I had to care for and all this stuff. And so I went to one of the property management companies and I said, hey, I literally can't pay my rent this month. Do you have anything I can do? And the license, the business license that I had was an R25, which is a handyman license.
And it was like right place, right time. The property management company had a work order sitting on their desk. It was $2,200. And she goes, well, if you have a handyman license, you can go do this job. Our handyman just flaked. I was like, yep. Took the work order, went and maxed out my credit card at Home Depot, got all the materials, worked in that house all night, and made the $2,200.
And I was like, maybe I have something here, you know? So we started working on properties, getting them ready to rent again, you know? You know a lot about it. Yeah, sure.
It's called a business, what you're doing. So paint, drywall, tile repairs, carpet cleaning. Then we added on maid services. That was a joke. just anything I can get my hands on. Right.
How'd you do it? The lesson comes. The lesson comes.
Trust me. The lesson comes. Uh, my buddy calls me one day and he goes, Hey, we fired our pressure washing contractor. Do you want the contract? Sure. Went out and bought a $15,000 pressure washer. No idea what I'm doing again. And started cleaning these gas stations. Just started learning. YouTube University definitely helped me that time. Started learning, started learning.
So I'm cleaning carpets during the day, working on houses during the day. And then I'm out pressure washing gas stations all night. I'm working myself to death. and fast forward, you know, quite a few years, this went on a few years. My wife, again, I'm so busy. I have no time to pay attention to anything. I'm trying to, you know, run all this stuff.
I have at this time, I have probably eight or nine trucks out on the road. We're doing bathroom remodels, all this kind of stuff. My wife goes through my books without me knowing I was losing $20,000 a month. And I had absolutely no idea. Whoa. There was so much money coming in and so much money going out. I didn't even know how to read a PNL. Where were you leaking money? Um, materials, fuel.
I just, I just, I wasn't running a business efficiently. I was overpaying on labor. Insurance was crazy. There was not just one thing. Right. And so, um, She was like, you need to figure this out fast. But it was, it was like a constant game of robbing Peter to pay Paul credit cards. Right. So like everything that I was doing was pretty much on net 30 or net 45.
So I'd get paid from those jobs, go pay off my credit card and then use that credit card to go fund the next job. Yeah. And so it was just that constant game. But there was money coming in and going out all the time. It felt like I had money. Yeah, I didn't. Right. And so just in 2020, end of 2021, we shut everything down to just focus on pressure washing.
And this is where that go deep or go wide thing kind of funnels in. Right. Uh, I only had that one account, which was at that time, eight stores because they had acquired two more. And so it was like probably close to $7,000 a month. I was like, okay, I can live off this. Like I'll figure it out. And so that was three, four years ago, and now.
The CPA, hiring a good CPA and a good bookkeeper to reconcile my books does wonders because now everything is broken out.
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