$4M/Year... Easiest Yet Most Overlooked Business?!

  Рет қаралды 133,323

UpFlip

UpFlip

Күн бұрын

Пікірлер: 112
@UpFlip
@UpFlip 5 ай бұрын
Start, build, and grow your business with guidance not guesswork: bit.ly/3xWUBnB
@HoutonResidentialPainters
@HoutonResidentialPainters 3 ай бұрын
This guy is an honest man, he deserved everything he accomplished for 1 single reason he shares his technic of success he will grow even more, keep doing things the same way .
@UpFlip
@UpFlip 3 ай бұрын
His willingness to be transparent and help others is likely to lead to even greater growth in the future. 🙏
@eezy251able
@eezy251able 3 ай бұрын
Great video with some awesome questions and answers! What I've noticed about you guys in the states is the amount of woodwork and exterior cladding you have, which ultimately creates a lot of potential exterior painting jobs. Here in the UK its mostly brick/stone, therefore its mostly the render that gets painted.
@Mike_Wazowskii7
@Mike_Wazowskii7 5 ай бұрын
It might be small but those spraypaint transitions really are a nice touch
@lukestoolbox
@lukestoolbox 5 ай бұрын
can't thank you enough for your content you put out!! actually just started my youtube channel because of you :D
@paul.bulanov
@paul.bulanov 5 ай бұрын
Thank you Luke, let's go and execute after watching!!
@jayfrancis937
@jayfrancis937 4 ай бұрын
This guy has his shit together! I’m 20 years in business and he inspired and taught me !
@Brandongriffin1980
@Brandongriffin1980 4 ай бұрын
@@jayfrancis937 Thanks for the love! I’m glad to hear the video inspired you 😊
@TitaniumNonStick
@TitaniumNonStick 5 ай бұрын
Just stumbled on your content today. It is amazing.! Lots of value thank you.
@owendavilmar
@owendavilmar 5 ай бұрын
Best channel i ever seen thank you for your hard work u really changing how i think 💯🙏
@Jackmagee199814
@Jackmagee199814 5 ай бұрын
As a residential painter, I am barely netting 10% as the highest in my market... I have got to get my costs of good sold under control... I think there are some pre-caution and prep items that I can forego to bring that delta down substantially. My pricing is about as high as it can get. We are consistently the highest price and my gross profit still struggles to be 40%.
@Brandongriffin1980
@Brandongriffin1980 5 ай бұрын
Thanks for sharing where you're at! Getting costs of goods sold under control could definitely be a factor for increasing your net profit 👊
@BM_100
@BM_100 5 ай бұрын
40% gross profit is actually really good compared to other industries (food, grocery, restaurants, commodities, etc.)
@rizkisetia6538
@rizkisetia6538 5 ай бұрын
I owned painting business myself, I don’t have problems with 30 minimum profit. My target area is high end residential. With bringing high quality craftsmanship and best customer service you can make great profit. Good luck!!
@mluz1916
@mluz1916 3 ай бұрын
You have to work with a third party to get those contracts with apartments that's a bit trickier
@lyndastarwriter
@lyndastarwriter 4 ай бұрын
Smart man....beautiful family, too. Blessings your way....
@Brandongriffin1980
@Brandongriffin1980 4 ай бұрын
@@lyndastarwriter Thank you!
@sutats
@sutats 5 ай бұрын
He has a strong foundation on human understanding to foster great relationships with both customers and employees.
@UpFlip
@UpFlip 5 ай бұрын
Absolutely! His knack for understanding and connecting with people really sets him apart. 🙏
@Brandongriffin1980
@Brandongriffin1980 5 ай бұрын
Thank you 🙏 It really is all about fostering great relationships!
@markdickinson-pd4ip
@markdickinson-pd4ip 4 ай бұрын
Thank you! Great channel!👍🏻✌🏻🇨🇦
@Daniel-gs8xu
@Daniel-gs8xu 3 ай бұрын
I've been in the automotive repair industry and quite frankly, I'm burnt out of this industry. I really like painting and have some personal paint jobs at home but would like to get into it full time. The problem is, i don't know how or where to start. Any help from anyone would be amazing! Thank you UpFlip for the amazing content!
@Brandongriffin1980
@Brandongriffin1980 3 ай бұрын
I can totally relate to feeling burnt out and wanting to start your own business! There are some tips in this video for people who want to get into the painting business around 23:27 😊
@DAVID-jf8tj
@DAVID-jf8tj 5 ай бұрын
Can you make a video on how to get started in the roofing business?
@brushmasterspaintingfranchise
@brushmasterspaintingfranchise 5 ай бұрын
Nice video! Brandons sops and numbers are spot on. same as us. good work brother!
@UpFlip
@UpFlip 5 ай бұрын
Thanks so much! Brandon's really nailed it. 💪
@brushmasterspaintingfranchise
@brushmasterspaintingfranchise 5 ай бұрын
@@UpFlip absolutely. He’s doing good work.
@Brandongriffin1980
@Brandongriffin1980 5 ай бұрын
Thank you very much!
@BucketListMo
@BucketListMo 5 ай бұрын
This channel is awesome!!!!!
@isidorsiskos2598
@isidorsiskos2598 4 ай бұрын
It would be great to know who are Brandon's influencers and coaches that helped him make the big leap in his business. You showed a picture of someone but no name. I want to make sure I reach out to those people. Also, I did not find a Painter's class in your academy. Thanks!
@Brandongriffin1980
@Brandongriffin1980 4 ай бұрын
My coach in the photo is Eric Barstow. He is the founder of Painting Business Pro. There are some great people that helped me over there😃
@tioraytm
@tioraytm 5 ай бұрын
I knew a guy that ran over 50 painting teams that contracted to his business. This guy has a similar set-up. The guts of their business is if the contracting team didn't do the job to his satisfaction, then he would send in another team to finish the job and the new team would get paid for the job. That was the deal, and it gave the business owner ZERO risk in that area of his business. Getting the full payment for the job was about the only real risk his business had. I hope this is still something that works in your area of the world. This story is from a business in Melbourne, Australia, back in the early 90's.
@ericlewis6404
@ericlewis6404 4 ай бұрын
Can you share more on this?
@tioraytm
@tioraytm 4 ай бұрын
@@ericlewis6404 I don't remember much more. He had 3 people that did the quotes. Back in those days each suburb or couple of suburbs had it's own local newspaper that he advertised in. Home customers tended to be more reliable in paying compared to commercial customers. Back then almost all painters did an apprenticeship, I have no idea what were the qualifications of the guys he used. All I know is of all the teams it was a mixed bag of different sized and experienced guys. I do remember that the business would supply the paint but I don't know about the quality of the paint. I assume Delux paints were used as they are the industry standard in Australia but they may have also quoted on a cheaper brand as the customers were all domestic and some may have wanted a cheaper choice. I forget if the paints were delivered to site or the painting teams picked them up from the business but I think it was site delivered. Melbourne is the geographical size of LA so it's a huge area. The guy ran the business from his home. I think he also had an office worker/s but I don't remember clearly. That's about it. Hope some of that info helps.
@roddymoore99
@roddymoore99 4 ай бұрын
Great vid
@UpFlip
@UpFlip 4 ай бұрын
Appreciate the support! ☺️
@TsetsiStoyanova
@TsetsiStoyanova 2 ай бұрын
That’s a very tight fit in that conference room!
@SamsonOhsem
@SamsonOhsem 5 ай бұрын
Very inspiring. I love this very informative channel 👍🏻
@UpFlip
@UpFlip 5 ай бұрын
Thanks a ton! We’re so glad you’re finding our content inspiring. 👍🏻
@Captain_911
@Captain_911 5 ай бұрын
UpFlip #1 ❤❤❤
@traderz4788
@traderz4788 5 ай бұрын
I wish I had a boss like that, everyone I've had is polar opposite of this guy 😅
@dejay7394
@dejay7394 5 ай бұрын
Shoutout to Raleigh 💪🏾
@UpFlip
@UpFlip 5 ай бұрын
🙌
@Brandongriffin1980
@Brandongriffin1980 4 ай бұрын
@@dejay7394 🙌
@wellardme
@wellardme 5 ай бұрын
The most important aspect of the painting business here is that AI won't touch it. So this one will be well established when faecal matter hits the fan very soon. I'm in the linguistics business and this year alone 80% of translators have been fired because of AI.
@demetriuslockhart2296
@demetriuslockhart2296 5 ай бұрын
Great video. Hiring independent contractors has more cons than pros in my opinion. When it comes to contractors you have limited amount of control which might affect the quality of the work. Also there is no incentive to the best job possible. A big pro is saving money on payroll taxes, this factors into healthy profit margins.
@UpFlip
@UpFlip 5 ай бұрын
Great points! Balancing control and cost is key when deciding between hiring independent contractors or employees. Thanks for the insights! 🙌
@ibcrootb
@ibcrootb 4 ай бұрын
From my experience the 1 pro that makes it worth it is they are motivated to get the job done. An employee doesn't get paid more the faster he/she works. Also he said there was an incentive for 5 star reviews which great advice I had not heard of before.
@RoughneckSportsCards
@RoughneckSportsCards 2 ай бұрын
Where do you find a paint business coach?
@lyndastarwriter
@lyndastarwriter 4 ай бұрын
I think your biz name is awesome; I like the logo, simple name...PLUS when you're incorporated or an LLC, it's advised by pundits not to use your name. Thus, you can rest easy....
@Brandongriffin1980
@Brandongriffin1980 4 ай бұрын
@@lyndastarwriter Thank you for the positive feedback! I appreciate really it.
@UpFlip
@UpFlip 4 ай бұрын
Thanks for the feedback! It’s true, using a simple name and staying away from personal names can be a smart move for business structure and branding.
@Brandongriffin1980
@Brandongriffin1980 3 ай бұрын
@@lyndastarwriter Thank you for the great feedback!
@freshbarofsoap
@freshbarofsoap 4 ай бұрын
Great video! Your content and presentation is so good, please consider not using background music, which can sometimes distract/detract.
@UpFlip
@UpFlip 4 ай бұрын
Thanks for the feedback! We'll definitely consider adjusting the background music to make sure it enhances rather than distracts from the experience. 🙏
@Sol_Enterprise
@Sol_Enterprise 4 ай бұрын
who is the business coach that you used?
@Brandongriffin1980
@Brandongriffin1980 3 ай бұрын
Eric Barstow is one of my coaches 😊
@surajrayz
@surajrayz 5 ай бұрын
When the opportunity cost of getting in to a business is so low, wouldn't there be more competition? I guess it's the word of mouth and the ratings that help. Also this business is catered more towards the rich because the middle and lower class would probably paint their own house/apartments
@Fortunatefinishes
@Fortunatefinishes 5 ай бұрын
Very very wrong. Dollar for dollar, painting gives you the most return on your money for any home remodel budget. That option makes more people available for all price ranges. The middle class pays very well actually.
@allenhong8434
@allenhong8434 4 ай бұрын
If competition is low you would likely just tell yourself “theres not a lot of people doing it so theres probably no money in it”. If there’s money, there will always be competition. Dont be afraid of it
@thepain321
@thepain321 5 ай бұрын
I’ve painted since the 90’s. When cash work was common. These days, getting a cash painting job is much more difficult. People want tax ID. They don’t want to pay cash so often. When you’re not a business some owners try to get your SS number to claim you as an employee and take taxes. It’s just not worth the hassle. Prior referrals don’t make much different. They don’t care how good you are. People want to be involved with a business even if it costs triple the price. But when doing it as a business you need to figure out how to do all the paperwork and keep records. It becomes too much for a person that just wants to do a service, get paid, move on.
@Cooliofoolio189
@Cooliofoolio189 5 ай бұрын
I’m dealing with that right now
@chuckgood3972
@chuckgood3972 5 ай бұрын
It's true. Business isn't for everyone. I'm in my 3rd year of my pressure washing business and I'm making more money than ever but I'm kind of miserable. No free time. The stress with the responsibilities you mentioned. Realizing that if I want to delegate stuff out that means hiring people which is even more stressful. I've had to think about if business is really for me now that I know what I'm getting into. I could take a pay cut and work for someone else and be happier I think. However, I'm going to stick with it. I didn't build this over 3 years to quit now. It's just that next step is SO hard and SO much work. Money doesn't motivate me to put in that work. I like free time. So, I've got to think of something to motivate me.
@Cooliofoolio189
@Cooliofoolio189 5 ай бұрын
@@chuckgood3972 did you pay for insurance and bond and all that?
@AndyNC
@AndyNC 4 ай бұрын
Being good in what you are doing and running a business are two different things. It might be a hassle with all the paperwork, but in the end you can make more money with it on the long run then just day by day cash jobs. People want insurance and liability because a lot of cash workers come to take the initial payment and never come back. Or they mess up your house with no insurance. Do it the right way. It will pay you way more than searching for cash jobs.
@roddymoore99
@roddymoore99 4 ай бұрын
That's why they keep "hiring" illegals....to pass on the liability keeping the profit. I'll challenge anyone to open their books. Talking is cheap, even a parrot can do it.
@bobbyw1074
@bobbyw1074 4 ай бұрын
Awesome video. How do you guys find and get these guys to come on?
@UpFlip
@UpFlip 4 ай бұрын
Glad you enjoyed the video! We’re always on the lookout for inspiring stories and people willing to share their journeys. 😉
@warrenlowe676
@warrenlowe676 4 ай бұрын
Subcontracting is a no go
@YuryBadanin
@YuryBadanin 4 ай бұрын
$ 20 000 for this job ? Hard to believe .... 3:44 I work as a painter in Vancouver for almost 30 years, we charge for home like this no more that $ 9 000. We provide labor and material, Superpaint.
@Brandongriffin1980
@Brandongriffin1980 4 ай бұрын
Thanks for your feedback! Pricing can vary for each project depending on how each business calculates their labor and material costs. It’s hard to understand an exact price without knowing the scope of work and measuring and building an estimate. We price our jobs using production rates to be accurate for our clients and our team. This helps to avoid surprise costs once the job is in progress. This project included the main home, a guest home, decks and the inside screened porch. There was a lot of prep work, drastic color changes and multiple coats of Sherwin Williams Duration and Emerald to get the price.
@ericlewis6404
@ericlewis6404 4 ай бұрын
@@Brandongriffin1980Hey did you hire a painting business coach? Or work with an experienced painting owner and paid them to mentor and train you on the business aspect?
@Blessed2024.
@Blessed2024. 4 ай бұрын
9000 is a cheap price I have a lot smaller house less complicated to paint. I got like 10 bids. The average price was $3800.
@floridaregisteredagent8894
@floridaregisteredagent8894 5 ай бұрын
Give kudos to his wife.
@niasteadley
@niasteadley 5 ай бұрын
Amen! Behind (most) successful men, there’s a woman or wife who believed in him, encouraged him, and helped him find the tools (or ideas) he needed to succeed!
@downey416Toronto
@downey416Toronto 5 ай бұрын
good content
@UpFlip
@UpFlip 5 ай бұрын
Glad you found it helpful! Hope what you learn here helps unlock a new level of success! 🚀
@downey416Toronto
@downey416Toronto 5 ай бұрын
@UpFlip thank you so much!! I will be doing BIG business one day soon! have a great day
@prodbyfn677
@prodbyfn677 5 ай бұрын
If they only charged 20k for that job and used 5 subs they have to be paying like $20/hr. No way I would be licensed, bonded and insured getting paid $20/hr.
@drunksadlifter4645
@drunksadlifter4645 4 ай бұрын
He said his profit margin is 24% I think he’s paying them a bit more than $20 p/hour
@djscarecrows7702
@djscarecrows7702 4 ай бұрын
McDonald's pay 20$ now a days
@legendarycinematics3091
@legendarycinematics3091 4 ай бұрын
Why you hating bruh he’s obviously doing it 💀
@Wendaiko-jf6et
@Wendaiko-jf6et 3 ай бұрын
In my first painter job without experience I was paid 18/hour straight cash. I'm pretty sure experienced painters earn at least 30/hour.
@gazaalley3862
@gazaalley3862 16 күн бұрын
Scientist mom, Dad was a salesman for a big company, uncle owned a construction business but he didnt come from a rich background? Perspective is a hell of a thing. Great video tho!
@swatski87
@swatski87 5 ай бұрын
Covid def helped with the growth....everybody need to get stuff done
@friendlybill6109
@friendlybill6109 4 ай бұрын
What’s an SOP?
@UpFlip
@UpFlip 4 ай бұрын
Great question! An SOP is a Standard Operating Procedure. It’s a detailed guide that outlines the steps needed to complete specific tasks correctly and consistently.
@EXOTICHOME1
@EXOTICHOME1 3 ай бұрын
wow good
@UpFlip
@UpFlip 3 ай бұрын
Thanks for the feedback!
@NguyenPhuc-bl2bg
@NguyenPhuc-bl2bg 5 ай бұрын
well - get 5 star and hundreds reviews is not that hard. Nowadays we have a service for google rating and reviews with cheap prices !
@UpFlip
@UpFlip 5 ай бұрын
It's crucial to rely on genuine reviews, whether positive or negative, not just for show but to enhance the business and ensure its long-term success.
@Wheelztotheworld
@Wheelztotheworld 5 ай бұрын
@UpFlip
@UpFlip 5 ай бұрын
We hope you enjoyed the video - thank you for watching! ☺️
@SunderBlue22
@SunderBlue22 4 ай бұрын
painting is not easy
@UpFlip
@UpFlip 4 ай бұрын
Painting is definitely a skill that takes a lot of practice and patience. It’s more challenging than it looks! 💪
@kevins5268
@kevins5268 5 ай бұрын
Better save your money for when Kamela gets elected in 2025. Painting is the first thing to slow down in economic downturn. My father in law had a painting bussiness for 40 years and he said first business to slow down in an economic downturn is painting.
@lh5567
@lh5567 4 ай бұрын
Stop it my guy business is good!
@Floridaluv
@Floridaluv 2 ай бұрын
🤣🤣🤣🤣🤣🤣🤣 farthest thing from true
@AhmetSafaKurt0
@AhmetSafaKurt0 5 ай бұрын
Dear UpFlip. I want to give Turkish language support to your videos. Please check your emails
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