{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Grit Factor Podcast w/ Karl Jacobi","title":"Nearly Went Bankrupt Three Times, Now Chasing Twenty-Five Million with Chris McManus","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/e49b2b2f\"></iframe>","width":"100%","height":180,"duration":3425,"description":"Episode Summary\nChris McManus graduated high school, skipped college, and put grass in the ground because it was flexible enough to keep racing motocross while he figured out what else to do. He was not building a company. He was buying time. Then one Sunday afternoon in Pennsylvania he worked fifty hours that week and got smoked at the racetrack and cried the whole way home in his van and knew. He sold the bikes, the van, the gear, all of it. And turned back to the little landscaping operation that had been snowballing while he was not paying attention.\nWhat followed was seven years of building GC Landscaping from nothing into a multiple seven-figure operation, picking up trade licenses along the way, stacking a real estate company on top, and now chasing a twenty-five million dollar valuation with two or three more locations on the horizon. But the version of that story that does not make the highlight reel includes the acquisition that nearly broke him. He doubled the size of the company overnight buying a competitor doing a million in revenue. Then the bank backed out of the SBA refinancing they had promised.\nThen he underbid a major project by eighty thousand dollars. Then another project was mismanaged and the customer left a thirty-five to forty thousand dollar balance unpaid. All in the same month, sitting on top of a large debt service from the acquisition that had already wiped out his cash reserves. Then he went to the Caribbean with his wife and came home to find out five of his six managers had walked or been walked out while he was gone.\nChris was twenty-three years old. He did not have a plan B. He called a few customers, apologized for the delay, and went back to work.\nThat stubbornness is not recklessness. It is a philosophy that was drilled into him on a dirt bike from the age of eight: you crash, you get back on, you go again. Not because you feel ready. Because there is no other option that makes sense. And every time things have gotten that...","thumbnail_url":"https://img.transistorcdn.com/bvg3em96AOxVPLqwVao5_m5h-Qdbm8H6_VrYU8WT40M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yZGQ2/MDBlNjNiYWJmZTM5/NjczNjA3OTA5OGJk/YjFhZi5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}