Episode 107: On this episode of Pursuit of Profit, Cliff talks with Mike Pearce, chief development officer of Renew Medic. We are diving into the $66 billion restoration industry. Born out of Service Masters' Furniture Medic brand, Renew Medic focuses on one of the most expensive and overlooked areas of the house - kitchen cabinets. Using their proprietary process, they save insurance companies and their clients time and money. The item 19 is 7 figures while only operating 5 days a week.

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Timestamps:

00:00 - Intro

01:50 - History of Renew Medic growing from Furniture Medic

06:48 - Why Renew Medic focuses on cabinetry?

12:26 - Marketing focus

21:43 - Why large territories?

28:43 - Franchisees vs corporate stores

31:07 - Goal for franchisees

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Links:

Renew Medic

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Welcome to "Pursuit of Profit," the raw and unfiltered podcast where Cliff pulls no punches to guide aspiring entrepreneurs, business owners, and franchisees on their journey to create wealth, financial abundance, and ultimate personal growth. If you're seeking sugar-coated advice and constant reassurance, this podcast may not be for you. But if you crave unapologetic honesty and a dose of tough love, then you've come to the right place.