DON’T Start a Business! (Here's an Easier Alternative)
发布时间 2024-10-21 17:00:46 来源
摘要
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Chris Lawhead has been a serial entrepreneur since the 4th grade and has started various types of businesses over the years. After watching a video on UpFlip featuring the house painting company Spray-Net, Lawhead had the business motivation to expand his entrepreneurial portfolio by becoming a franchisee of the new endeavor.
The wild part? Even though Chris is new to this particular small business, he started generating over $70K in revenue per month after only two months. And this number is expected to increase exponentially as he continues to scale.
Before jumping into starting a business in the house painting industry, Chris dabbled in real estate, apartment syndications, private equity, and a few other trades. Having been exposed to prior real estate projects, entering the house painting market was an easy transition.
In this episode, learn all about how to start a business with necessary funding, how to attract customers quickly, and the power of overcommunication in a business. Chris also explains how to properly hire, retain business motivation, and meet future demands of a company.
Resources:
Own a Spray-Net Franchise: https://bit.ly/48jAsFU
Join the UpFlip Academy: https://bit.ly/3BPUSdr
Timestamps:
00:00 - Start
01:35 - Cost of services
02:56 - A lucrative industry
03:21 - Spray-Net’s instant appeal
03:59 - Painting aluminum siding… permanently!
04:36 - Background in painting
04:55 - A unique job site
05:16 - Franchise route for bigger wins
06:21 - Meeting Peter (in a spray booth!)
08:25 - Revenue and margins
09:39 - Funding the startup
10:31 - Securing franchise funds
10:53 - Attracting customers quickly
13:06 - Live customer service (on loudspeaker!)
15:04 - Conversion and close rate
15:32 - Fan blitz
17:27 - Pricing system
17:57 - Sales tactics that work
18:42 - The biggest sales hurdle
19:50 - Interior vs exterior services
20:15 - Marketing as a franchisee
21:13 - The blue-collar advantage
22:15 - A ton of surprises
23:41 - Revamping the classics (through paint!)
24:25 - The power of overcommunication
25:38 - Systems for maintaining quality work
27:06 - Hiring and keeping top talent
28:11 - Make mistakes and solve anyway!
29:01 - Science behind “Liquid Roof”
29:51 - Difference between the “successful” and “unsuccessful”
30:14 - Traits of a serial (successful) entrepreneur
30:57 - “No such thing as failure….only feedback”
31:29 - A day in the life of a franchisee
32:16 - The most rewarding aspect of the business
32:45 - Success is for everyone
33:12 - From 9-to-5 to full-time entrepreneur… How?
33:47 - Managing growing pains
35:17 - Leadership style
37:09 - Debunking franchise myths
38:53 - An investor or a builder?
39:29 - Embracing stress (the good kind!)
40:12 - Mastering effective multi-tasking
40:52 - The “productive” obsession
41:27 - Maintaining a healthy partnership
41:57 - Selling a need customers don’t know (yet)
42:48 - Conquering seasonality
43:18 - No need for adaptive marketing?
44:55 - The “boring” routine for success
45:35 - Advantage of patents
46:35 - Developing risk tolerance
47:19 - Book recommendation
48:03 - Outro
#business #smallbusiness #startingabusiness
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