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UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: David Kent @ KentKleen on November 30, 2013, 06:34:11 pm

Title: Residual Income
Post by: David Kent @ KentKleen on November 30, 2013, 06:34:11 pm
My goal, at the end of the next 5 years is exactly that! Residential Window cleaning is the tool to get me there! I lovve window cleaning!
Who else?
Title: Re: Residual Income
Post by: David Kent @ KentKleen on November 30, 2013, 06:36:39 pm
Residual income is also known as passive or recurring income and is different from a regular wage that's based on the number of hours invested in a particular job. Residual income continues to generate itself even after the work has been completed. Such income helps you earn more while working less as it continues to pay recurrently for work done once.
Title: Re: Residual Income
Post by: James Bulton on November 30, 2013, 07:39:06 pm
I find cleaning window a tad boring. but it is the easiest way to earn money.
Title: Re: Residual Income
Post by: David Kent @ KentKleen on November 30, 2013, 08:39:26 pm
86 views and yet only 1 comment.
Interesting.
86 must be happy to be on the tools the rest of there window cleaning days.
Very interesting.
Title: Re: Residual Income
Post by: Simon Mess on November 30, 2013, 08:44:51 pm
Interesting?, you jest, surely?.

I clean windows, it isn't a particularly interesting way to earn a living, but it provides a living and pays the bills!
Title: Re: Residual Income
Post by: David Kent @ KentKleen on November 30, 2013, 08:48:51 pm
Keep up the good cleaning Simon.
Title: Re: Residual Income
Post by: PoleKing on November 30, 2013, 08:49:29 pm
86 views and yet only 1 comment.
Interesting.
86 must be happy to be on the tools the rest of there window cleaning days.
Very interesting.

getting some shares would do the same thing
Title: Re: Residual Income
Post by: David Kent @ KentKleen on November 30, 2013, 08:50:00 pm
Anyone? or is it too deep for a sat night?
Title: Re: Residual Income
Post by: Simon Mess on November 30, 2013, 08:54:59 pm
Keep up the good cleaning Simon.

Why thank you for your kind words of encouragement o great one
Title: Re: Residual Income
Post by: David Kent @ KentKleen on November 30, 2013, 08:56:53 pm
No problem Simon.
Whats your 5 year goal if you dont mind me asking?
Title: Re: Residual Income
Post by: Spruce on November 30, 2013, 09:53:30 pm
Anyone? or is it too deep for a sat night?

Hi Dave. You have stepped onto a higher plane. Please explain what you mean in simple terms so I can understand.  ;)

Thanks.

Title: Re: Residual Income
Post by: C o z y on November 30, 2013, 10:43:59 pm
Ah, the 5 year plan etc. MLM starter line. "Are you looking to do more" etc etc. So what's the line mate? Residual income from MLM? What do you sell?
Title: Re: Residual Income
Post by: PoleKing on November 30, 2013, 10:45:49 pm
Ah, the 5 year plan etc. MLM starter line. "Are you looking to do more" etc etc. So what's the line mate? Residual income from MLM? What do you sell?

Proper lols.

Busted Kenty!
Title: Re: Residual Income
Post by: David Kent @ KentKleen on November 30, 2013, 11:42:34 pm
Not a mlm in sight!
residual income from window cleaning!
Title: Re: Residual Income
Post by: Ian101 on December 01, 2013, 08:04:24 am
does interest from a lottery win count ? I did buy the ticket with money earned cleaning windows.
Title: Re: Residual Income
Post by: mick hay on December 01, 2013, 11:44:18 am
windows are my residual (basic wage) and UPVC, conservatory cleaning are my bonus'.
The bonus' are near on equalling my residual now.

I promised myself i would never employ or go VAT reg, unfortunatley, it may have to happen due to the bonus'.  ;)
Title: Re: Residual Income
Post by: C o z y on December 01, 2013, 11:45:39 am
Not a mlm in sight!
residual income from window cleaning!


OK, get to the point. What are you selling?
Title: Re: Residual Income
Post by: steve123 on December 01, 2013, 12:03:23 pm
My 5 year goal is to be sat on a beach somewhere hot with a tall leggy blonde serving me cool drinks whist fanning me with a palm frond.
My income will be coming in steadily allowing me to enjoy all the good things in life.

But no doubt I will still be wrapped up against the cold whilst pushing a pole up and down to clean Mrs Jones windows while she scowls at me from the other side of the glass, dressed in her long house coat and her rollers in.

I will then knock for my measly 5 quid and act grateful that she allows me to work for the cost of today's beer and fAgs.

oh happy days   :)  
Title: Re: Residual Income
Post by: PoleKing on December 01, 2013, 12:13:44 pm
My 5 year goal is to be sat on a beach somewhere hot with a tall leggy blonde serving me cool drinks whist fanning me with a palm frond.
My income will be coming in steadily allowing me to enjoy all the good things in life.

But no doubt I will still be wrapped up against the cold whilst pushing a pole up and down to clean Mrs Jones windows while she scowls at me from the other side of the glass, dressed in her long house coat and her rollers in.

I will then knock for my measly 5 quid and act grateful that she allows me to work for the cost of today's beer and fAgs.

oh happy days   :)  

Someone I used to work for tried that.
5 years working his conkers off. Gave himself a heart attack.
What's he do now?
Simpler life and wfp's 2 easy days a week.

Not saying it can't be done but who would you want to?
A little work is nice.
Title: Re: Residual Income
Post by: David Kent @ KentKleen on December 01, 2013, 04:46:09 pm
Why not have a fleet of vans all working for themselves under your 'banner' so too speak, all paying you a comission because you have done all the initial hard work, ie building your brand, good reputation, marketting techniques and supplying them with there customers.
Who seriously wants to be cleaning windows till they retire?

Before you all start saying dont be daft why would anyone do that? Surely they would start up there own business from scratch!
This is a fair comment, many on here would not dream of buying into a franchise set up, but guess what, thousands out there will and do, so many people want the flexibility of been self employed but are too scared to take the plunge. Franchising offers them a form of security.

I would seriously recommend all serious window cleaning business builders to consider the 'Franchise' route for building a great business and a very nice 'residual' income that you will recieve long after you have layed your pole down from its last clean.

Hope this sheds some light onto the title of this post.
Happy cleaning!



 
Title: Re: Residual Income
Post by: koopmaster on December 01, 2013, 04:58:57 pm
I think I am on the same wavelength but I don't want to franchise.

My 5 year plan now is to expand to 1500 customers with 2 vans and stop working (cleaning) I want to do the paperwork and run my company not do the work. 

2 years have gone by,  last year I started and worked like mad, this year was my "easy" year.  I just cleaned and basically didn't advertise. 
2014 and 2015 are going to be my 2 busy years,  60 0000 leaflets and canvassing. 

I want to move from 300 customers to 1000 in the next 2 years.

Oh and I will do it because that's my goal - I know I can and there's not much stopping me now. 



Title: Re: Residual Income
Post by: David Kent @ KentKleen on December 01, 2013, 05:03:58 pm
sounds like you know where your heading Koopy!! Good on you!
Title: Re: Residual Income
Post by: roundbuilder on December 01, 2013, 05:25:15 pm
I think I am on the same wavelength but I don't want to franchise.

My 5 year plan now is to expand to 1500 customers with 2 vans and stop working (cleaning) I want to do the paperwork and run my company not do the work. 

2 years have gone by,  last year I started and worked like mad, this year was my "easy" year.  I just cleaned and basically didn't advertise. 
2014 and 2015 are going to be my 2 busy years,  60 0000 leaflets and canvassing. 

I want to move from 300 customers to 1000 in the next 2 years.

Oh and I will do it because that's my goal - I know I can and there's not much stopping me now. 




Thats exactly what i did in 18 months, went from 300 crap all over the place customers to 1100 well priced compact customers..
I originally only wanted 600 customers but just carried on untill i couldnt take on any more work without buying another van.
Look forward to hearing your journey to the end result.
It will most defo be worth it for you.
Title: Re: Residual Income
Post by: PoleKing on December 01, 2013, 05:38:18 pm
Why not have a fleet of vans all working for themselves under your 'banner' so too speak, all paying you a comission because you have done all the initial hard work, ie building your brand, good reputation, marketting techniques and supplying them with there customers.
Who seriously wants to be cleaning windows till they retire?

Before you all start saying dont be daft why would anyone do that? Surely they would start up there own business from scratch!
This is a fair comment, many on here would not dream of buying into a franchise set up, but guess what, thousands out there will and do, so many people want the flexibility of been self employed but are too scared to take the plunge. Franchising offers them a form of security.

I would seriously recommend all serious window cleaning business builders to consider the 'Franchise' route for building a great business and a very nice 'residual' income that you will recieve long after you have layed your pole down from its last clean.

Hope this sheds some light onto the title of this post.
Happy cleaning!



 

Fair point.
Personally I hope never to retire.
Like I said, a little work does you good.
Title: Re: Residual Income
Post by: James Bulton on December 01, 2013, 09:24:55 pm
Counting the cash is not a retirement. Its a pleasure.
Mr Kent clean there are a lot of windies who are happy to keep thinking small on this forum so please don`t go over there heads it might be to demanding to venture further up to the world of achievement".Lets just keep it as it is" IS THE ORDER OF THE DAY for so many.Lets not complicate matters. ;D ;D ;D ;D
Title: Re: Residual Income
Post by: David Kent @ KentKleen on December 01, 2013, 09:49:01 pm
James, In the words of Duncan 'Im In' I like your thinking. Keep up the good work ;D
Title: Re: Residual Income
Post by: windowswashed on December 02, 2013, 06:06:46 am
Post something on the internet and get sponsorship, that's the only real way of getting paid for doing nothing
Title: Re: Residual Income
Post by: Total shine cleaning services on December 02, 2013, 10:41:00 am
my five year plan is to have a number of vans out there, we are delving into other products and services and will continue to grow, since taking on my first employee I've already cut my window cleaning duties down (first cleans and commercials only)  and I'm working hard at new ventures, my first hurdle is vat once I get over that threshold I won't stop till I have 3-4 vans then will take the franchise route for other areas, im 44 now and I'm aiming to be quite static by the time I reach 50

Graham
Title: Re: Residual Income
Post by: landy2 on December 02, 2013, 01:24:27 pm
Hello David but I think you are talking nonsense. , if you are a window cleaner you will be cleaning windows day in and day out , get your head out of the clouds .
Title: Re: Residual Income
Post by: Ian Lancaster on December 02, 2013, 01:36:53 pm
Hello David but I think you are talking nonsense. , if you are a window cleaner you will be cleaning windows day in and day out , get your head out of the clouds .

No he isn't
Title: Re: Residual Income
Post by: SunShineCleaning on December 02, 2013, 02:54:37 pm
If you believe you will be in the same position in 5 years time you will as you won't see any opportunity as such.

If you believe you can advance in some small/large way you will see every opportunity that presents itself.

Zuckerburg invited 5 people to his room when he had an 'idea', only 2 attended.

The most expensive thing in life is a missed opportunity.
Title: Re: Residual Income
Post by: David Kent @ KentKleen on December 02, 2013, 06:44:09 pm
Thanks for the constructive comments.

My current position.

I have been lucky to have 2 great guys (one the brother in law and the second a good friend) start up and work for themselves under my name. They organise when they work, collect there money in, run there own vans and equipment. The first of these has worked for a year and the second just over 2 months.
I have give up some of my immediate income in suppling these with work over the past year or so for a longer term financial security.
I am putting another 2 vans on the road in 2014 using the same system.

Employing IMO has to many problems and stress.
I as I said earlier have been fortunate to find 2 good guys and will be purchasing the Mr Lancaster system in the new year ready for the next 2 vans (make sure I am protected). (Sorry a year later than i thought Ian but will be in touch early January)

Residual income here I come.  ;D
Title: Re: Residual Income
Post by: ♠Winp®oClean♠ on December 03, 2013, 08:26:02 am
Or better still, invest your time & money in something else other than window cleaning & make some proper money!! ;D
Title: Re: Residual Income
Post by: David Kent @ KentKleen on December 03, 2013, 04:30:13 pm
Like what?
Title: Re: Residual Income
Post by: PoleKing on December 03, 2013, 06:17:20 pm
Like what?

I hear coke has a good mark up.