DON’T Start a Business! (Here's an Easier Alternative)

Sign-up for Rakuten and get a $30 sign-up bonus: https://www.rakuten.com/r/ADMIN8686 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. Start your own painting business with our FREE quick-start training 👉 https://learn.upflip.com/how-to-start-a-painting-business-masterclass OR… 🎓 Join UpFlip Academy to “copy-paste” the top million-dollar service businesses you can start in weeks and profit from in months - https://links.upflip.com/academy-yt More UpFlip Official Resources: 📕 FREE access to 137 Most Profitable Businesses - https://go.upflip.com/137-business-ideas 🎙️ Follow the UpFlip Podcast - https://links.upflip.com/podcast-yt 📩 Join the UpFlip Newsletter - https://links.upflip.com/newsletter-yt 👉 Own a Spray-Net Franchise - https://bit.ly/48jAsFU 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