Running a Painting Business | Why People Fail Starting & Building a Painting Business
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- เผยแพร่เมื่อ 5 ก.ย. 2024
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Ive been in this business for 5 years. Some days I feel like giving up but most days I feel thankful that I can make in one day what others make in a week.
You might want to check out my training course - should help you have some easier days (and avoid those days that you want to give up!) www.paintingbusinesspro.com/course
But also - challenge is part of business. Keep at it my friend! Just make sure you are learning from mistakes and improving. That adds up over time!
This guy is amazing! Bless him and no wonder he is so successful!
Thanks! Still a lot of work to do. I'm still always learning.
he really is
I’m so happy to have found you! I ran a large commercial and residential painting company for an absent out of state owner. I didn’t know he was going to be absent and scared every time there was a mistake. I learned from all of my mistakes and moved forward. Mistakes are just a lesson on the next project. The owner unfortunately did not understand this and just kept making the same mistakes over and over. I eventually left and started my own company. I sold my house and out 40k into it. It’s been a year now and I’m on my way 🙌🏻💪🏻. I pride myself on keeping my word and exceeding expectations. I really enjoyed your video, thank you so much.
Awesome Jessica!
Great stuff. Especially the part about going 30 plus estimates and 0. Its so much easier for someone to just quit instead of moving forward but its better to continue getting closer to a' yes you got the job'
This message was great! He tapped into more than jus running a business, these are day to day life lessons here lol. This guy need a TED Talk.
Thanks!
7:00-9:10 I’m not even in the painting business YET. But you’re definitely talking about my lawn care business. 👍👍
Haha. Nice.
Your a really awesome teacher. Im a third generation painter/refinisher in Detroit. I get frustrated with false information online from "painters" and "experts" in this field. All your videos have been consistent and truthfully I've learned from some of your videos . TY
Thanks man. Glad to hear it!
So true Eric, been in business 9 years and it's a learning experience.
Thank you brotha! Still inspiring years later!!!
Thanks!
Men thank you so much, I’m 7 years in business and still going for it!!
You got it!
Eric, I been following you for a while now and I even bought some of your training material. This is by far the best and more critical video you have made. If I had had this advice when I started my painting company, I would have saved myself about five years of painful experiences. Keep up the good work comrade.
That's great man. Thank you! Glad you liked it. You keep up the good work as well!
I’m 22 years old and this business is awesome
I needed this video.. In my second year and made so many mistakes.. and tempted to quit and get a job.. but I will continue to go on... This business just like any business will wear you down mentally and it hurts... but I keep learning and going on.
As long as you learn from every mistake and don't make the same mistakes twice ou can only go up from where you are.
You've got an excellent way of making your message crystal clear. The "not chasing money" aspect is 100 percent correct. In our junk removal business we were good at that. Like you after a few years when we were making pretty good money we took on some new construction clean up work. Didn't know how to price it so we priced it what everyone else did. Lost $40,000 in six weeks... Embarrassing as hell but we learned from it and have never made a similar mistakes since.
Usually you have to learn that lesson the hard way!
Great advice. Well done. You really need to want to succeed in order to have a successful painting business. Be honest, do great work, and learn from your own mistakes. Bless all the luck you can get.
💪💪
Very helpful. Ty for the experienced advice. Would love any related videos
You got it man. There are a bunch of videos on the channel. Just go to the Painting Business Pro channel, go to videos, and there are a ton. Check out whatever interests you most!
Best how to video I've seen on TH-cam.
Thanks Amanda!
LOVE the honesty.
Very well said brother. Ill definitely start watching your videos. Thank you.
Thank you...very informative..after having a small, residential cleaning business for the past 16 years, I want to start a panting business but I only wanted to do exterior re-paints...I was told that I would have to do interior as well but as a new painter starting out I wanted to minimize my risk and failure by only doing exterior which like you said, is pretty hard to mess up and if I do, it's not a catastrophe such as an interior could be...Thank you for confirming my idea....
You got it!
A caution about exterior, especially unpainted concrete patios. None of my jobs failed. However, some re-paint jobs I had to turn down because of peeling paint. Here is why I succeed when others fail, With the people that had peeling paint I asked, "did the painter start in the mourning and did he check the moisture level before starting?'. I would hear yes, they started in the mourning what do you by moisture level? Concrete retains a certain amount of water. It can look dry but if it rained the night before, it could have too much water in it. After you paint, that water still needs to evaperate and it will do so destroying your paint job. Also, concrete needs to cure. Concrete needs about 6 months curing time because of thee water used to make it. But thats in Florida, you're in Arizona with less humidity.
RE: not the catastrophe such as interior: I painted a home, I was new and unlicensed. The house next door was being done by about 6 workers by a contractor, licensed and insured. I stopped by 6 months later to see if everything was copacetic. My job was good except on small area of a few inches of cedar that I failed to used an oil primmer (cedar wood needs an oil based primer). The house next door was peeling everywhere. The trim, the siding, the doors. It was obvious from 30 feet away. CATASTROPHE
I will start watching your videos for sure. I know how to paint. Now I need to know what it takes, the financial, managerial, how to hire ect. As a grandson of a coal miner, with no entrepreneurs in my family, retired Correction Officer with a pension, it is time to learn and make it happen. I don't even really know quick books yet, but I got my application for my licence and EIN number and ready to take the tests needed in Florida yet I know I got a long way to go and a lot of learning to do.
Glad to help Jimmy! The video at the top of this website below will give you a great introduction on how we train painting contractors on everything business related :)
paintingbusinesspro.com/pbp-training-program
That's the most direct path to learning everything needed to build your company!
Thank you man really need to hear this I've been working on my own company for a 1 year in and I average two or 3 jobs a months but has slowed down but I havnt QUIT and won't 🔪😁😁 at times I think if it's worth it or not or if I good enough and it's all about commitment and patience
Don't quit for sure. Use my videos. As soon as you're able to, join the PBP Training Program. We'll help you grow your business faster than you can imagine.
it's actually like this in every business. I appreciate the tip now that im starting a new business myself for the first time.
Great teaching, advice, recommendations , ect... thanks!
your videos are great and i appreciate them. i am a great painter but never learned much about the buisness side of things until now. thanks again man
You got it man! Glad you found the channel! We're all about the business side of this business here!
Please do a video on how to quote the jobs. Or send the link if you already have please! Keep up the awesome work man thank you! You're a great instructor
Check the channel. I have a few videos on estimating on there. Or just search for it.
Thanks Eric. These are great 👍 tips for a new business
i would love to know how it costs 55,000 to do any painting job, seriously. in terms of materials and labor i cant wrap my head around you bidding 40 grand and it actually costing you 55 grand to complete. thanks for the video man
dutch dettweiler I believe I’m referring to a commercial job in this video. Commercial Jobs get a lot bigger than $40-50k too!
dutch dettweiler commercial Jobs that’s how.
Thank you for your advice you are the best. What ever you have said it's all tru you just make me get up and do better in this life!
I love it man! Thank you! Onward and upward!
My question is, if you are doing so well painting why make a business that helps your competition?
This industry is many many billions. I don't need it all to myself. I train the competition, but I'm also way ahead of the competition. It'll be hard to catch us. Also, we acquire partnerships with some of our top members and become business partners with them! It's a win all around.
I mean no painting business can cover every town, city, and state. I’m actually moving to a town soon that is fairly big but has no drywall or painting for 3 hours in every direction. I decided early on in my business that I didn’t want to be in competition with all my old bosses who I respect, so I’ve been taking steps to go somewhere else like the town I mentioned. Won’t tell you the name though haha I want the monopoly
The only problem is finding good subcontractors that will work for cheap most of the good painters either want too much or are already running their own company.
There are TONS of good subcontractors out there. You just have to be the person they want to work for... Because you have more consistent work, you pay better, and you treat them better. If you're the best person to work for, you get the best crews.
A lot of painters are sole traders who can't or won't find work for themselves. If you have consistent work and even if paying below average wage they will appreciate you finding the work.
This is all great advice. And I've been on the right track. But you don't discuss how to attract those right employees in today's job market. I can't find, even good painters. I'm great at customer service, quality, estimating and winning %85+. I'm a no excuse guy and have looked at what I can do better and tried. But no success. I've done the advertising on several media sites, word of mouth and agencies.What can I do?
We cover everything in detail in our training program. I don’t go into everything on TH-cam. Once you know the whole hiring system, you’ll get results. And if you don’t we would then troubleshoot which part of the process you’re missing the mark on and fix it.
Absolutely wonderful and highly useful content Eric thank you!
Great video bud. Loved the content very knowledgeable and helpful.
So I have a very good job but want to go back in business. I’m trying to drum up work while still working
Good plan. Make it happen!
Erick thank you for your content and lessons. They have been Great Help to the start of my business. God bless you men. Happy new year.
Hello sir I'm on that business it's been 1 year and I don't have any contract so what I have to do to succeed i did everything and the customer told me your price is to high they want for free and by the way I like your channel. Thank you and God bless you
Very helpful thank you
Legend
🔥
Eric your amazing I can't thank you enough for all the videos , the course and all the help ✌
Thank you.
Awesome information! Thank you
Great video!
👍
Im about to get my c33 license and you’re really helping me out man, thank you!
Do you have any videos showing differences between paints and recommendations we should give to customers such as sheens for trims, stucco, crown molding and base boards with pros and cons?
No I don't because that's best done through your local paint store and paint rep. There are also plenty of other people on TH-cam teaching that kind of stuff. I'm the business guy.
Thank you sir! Reminds me of game cocks....they never quit!
I get what you are saying and you are mostly. right, let me ask you the most important thing in this whole thing, HOW DO YOU GET ALL THOSE LEADS TO ESTIMATE????, you need a LOT of money to start!!! and a lot of money to keep it going until you see Profits with advertising taking a big chunk out of it. You are talking as if Clients were so easy to get. I have been in this business for 30 years, now, it seems only the large companies are the ones getting the jobs, otherwise you are competing with rediculous competition!!!
That's what I teach in my course. Some of your assumptions are wrong. Just because you've been in business 30 years does not mean you know everything. This is not an attack, just the truth. I teach a lot of small businesses to get a lot of leads right when they start their business WITHOUT fronting a lot of money up front for advertising.
Some ways we do that: lead services, door to door, and networking. These 3 avenues can generate a lot of leads really early on. I have students who do over $500k in business in their first year, without a lot of money up front. This is exactly what I teach in my training programs.
Great videos, I am wondering if you might have information to share with a young man who recently started a painting business, he seems to "chase the money", under promises the amount of time a job should take IE: (4 days, when its clearly 7 or 8) then blames his workers, and says yes to most anything asked of him, leaving his employees to do jobs they are not really qualified to do. A video dealing with these types of issue would be awesome.
Find someone else to work for - that would be my suggestion. It's hard to coach or change people who don't want to.
@@PaintingBusinessPro thanks, I actually do not work for him, I know him, and have been trying to get him to see clearly on his mistakes. Appreciate the response, again great informational videos. Have a good one.
I learn a lot from this video 💯🙏🏾💯🙏🏾
Great Information thank you!!!
A man who makes excuses, is seldom good for anything else. - Benjamin Franklin
a most informative video ever!!!
Excellent video.
Thank you!
Great video. I will implement all these stratagies into my business. Thank you.
#RENOVATIONSWITHCHARLES
Great!
Thanks bro
What exactly is failing? You said you lost 1000s of dollars on bigger projects? What do you mean to do projects you can afford failing? Explain the consequence. Losing 1000s?
If you are doing a $40,000 project, it could cost you $20k-$40k to do the job and you might not get paid for 6-8 months. You could even lose more than that. If you can't afford this kind of "failure" don't do the project.
Smaller jobs have smaller consequences. Keep it simple at first. Don't chase money.
Does that clarify?
Thanks for your quick response @@PaintingBusinessPro
Okay Eric. What do you do in the winter months if you only do exterior??? Lol
Travel. Spend time with friends and family. Relax. Sleep.
And also spend a little bit of time really preparing for the upcoming year, updating our business systems, doing year end meetings, etc...
We don't set weekly goals. We set annual goals. We don't fight against the seasons. There just isn't nearly as much work happening during winter.
You can work 40 hours a week in December to make the same amount of money that you make in 10 hours a week in July. So we just focus on working a little harder when "the getting is good" and chill out when it's not.
@@PaintingBusinessPro ok so how do you keep you sales / production manager busy then. Or do they go on unemployment for the winter months?
Eric, what do you tell customers when they ask you to do interior work but you only use exteriors? Also, you mention sales alot. Do you have any good sales book recommendations for us?
We do interior now. For the first 3 years we focused almost exclusively on exterior. We also only got leads for exterior, mostly from door to door. So it was more about selecting our leads and how we got leads than turning customers down.
I don't have a great sales book recommendation, unfortunately! We cover the entire sales process in our business training course though. So if you are running a business, I'd strongly recommend it! www.paintingbusinesspro.com/course
Hi Eric Is spraying cost effective?
Yes. We spray everything exterior. Only spray interiors if they are empty though.
Thank you
You're welcome
My excuse is that I can't find good people to help me work
How do you lose that much on the big jobs hotel jobs? Is it because of low bidding and extra material?
Look up wes Watson, check your tone
My community is cheap, very few pay my rate.
Excuse is it?
Ask the following...
Pizza hut
Little Cesar's
Cost cutters
Godfathers
Chevy dealer
Ford dealer last 10 years then is sold
Advance auto parts
Wonder what excuses they used.
If that's working out for you, stick with it. Or you could find a way to improve. The choice is yours my friend! I'm not saying there isn't VALIDITY in excuses... I'm just saying that those excuses are not going to help you be successful.
What happens when the painter is a female?
Great Information &! Thank you!!!
You got it!
Thank you.