John Riggin, a small business owner in the painting industry, seeks guidance on how to grow his business and achieve financial stability. He shares his challenges with hiring and marketing, as well as his desire to have more time for his health, family, and volunteering. John expresses his commitment to making changes and improving his estimating and sales skills. He also discusses the importance of creating a positive work environment and finding employees who share his values. Throughout the conversation, John seeks advice on various aspects of business growth and expresses gratitude for the impact the host has had on his mindset.
Recognize the need for change and growth in your business.
Invest in educational resources and events to gain new insights and strategies.
Create a positive work environment and hire employees who align with your values.
Implement effective marketing strategies and consider hiring a marketing company.
Improve your estimating, pricing, and sales skills to increase profitability.
00:00 Realizing the Need for Change
02:24 The Impact of Liftoff
03:22 Taking Steps to Grow the Business
07:56 Previous Marketing Efforts
10:50 Desire for Growth and Financial Stability
13:16 Lack of Clarity on Revenue
14:47 Hiring Employees with Shared Values
15:00 Creating a Positive Work Environment
16:47 Marketing and Hiring Strategies
18:49 Offering Employee Benefits
20:31 Balancing Workload and Management
21:56 Current Payment Structure
23:59 Considering LLC or Incorporation
26:30 Next Steps: Marketing or Hiring?
27:57 Improving Interviewing Skills
29:01 Transitioning from Painter to Manager
30:14 Handling Slow Periods
31:20 Finding a Marketing Company
32:06 Involving Spouse in Business
34:14 Taking Action on Business Growth
35:27 Updating Phone Number and Branding
36:12 Improving Website and Online Presence
37:40 Revamping Estimating and Pricing
39:31 Using Drip Jobs for Estimating
40:49 Determining Labor and Material Costs
41:45 Realizing the Importance of Job Costing
44:25 Improving Sales Skills and Closing Techniques
45:23 Using Technology in Sales Presentations
48:15 Considering Financing Options
49:48 Setting Long-Term Goals
51:36 Utilizing Samples for Cabinet Jobs
52:18 Expressing Gratitude and Closing