44. How to Start a $450K/Month Epoxy Flooring Business

10/31/22 • 43 min

1 Listener

How much money and experience do you need to start an epoxy floor coating business? Brandon Vaughn invested $45,000 to start Wise Coatings in 2021. Now, he has 8 locations bringing in a total revenue of $450,000 or more every month with 15-25% profit margins, and he’s talking to UpFlip to share how he did it.

Brandon started Wise Coatings as an experiment. He wanted to see if someone could start a business without spending a single day working in the field. Instead, he focused on setting up smart systems, hiring a great team, and marketing the business to bring in more customers. So far, his experiment has proven a success, and he’s built a scalable garage floor coating company with huge revenue potential as a result.

Of course, no business is perfect all the time. We’ll hear what Brandon has struggled with as he’s grown his business, what mistakes he made early on, and how he corrected those issues to get Wise Coatings back on a profitable track. He’ll share his successes, too, and how he has used his expertise with business systems to set up his garage floor epoxy business for fast growth from day one.

Resources

https://bit.ly/3NMRt1P Take Brandon's course in UpFlip Academy

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

On Youtube
On Instagram
On Facebook
@UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!

Resources

https://bit.ly/3NMRt1P Take Brandon's course in UpFlip Academy

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

On Youtube
On Instagram
On Facebook
@UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!

Previous Episode

43. $30K/Month Passive Income on Amazon: How He Did It

Ryan Hogue made his first sale on Amazon in early 2017. Five years later, he has scaled it to an average revenue of $30,000 per month with 25% to 30% profit margins and added a print-on-demand aspect to his Amazon FBA business—impressive numbers for any business, and especially so because it’s passive income.

On this episode, Ryan shares his advice on how to start an Amazon FBA business with 7-figure revenue potential. He’ll talk through the steps of setting up this kind of business, what systems you should put in place to make your business scalable, and how he uses automation and other tools to maximize the value he gets from every hour he invests into his Amazon store.

Selling products isn’t Ryan’s only revenue stream. He also sells online courses in the Ryan’s Method Passive Income School that teach others how to run an Amazon business. We’ll find out how these multiple income streams helped grow his business, along with other tips for how entrepreneurs can make more money without sacrificing their free time. If you’re thinking about becoming an Amazon seller, this episode will be a game-changer for you!

Resources

https://bit.ly/4f1tfN9 Take Ryan's course in UpFlip Academy

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

On Youtube
On Instagram
On Facebook
@UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!

Next Episode

45. How to Hire the Right Way for Your Small Business

A strong team is crucial for business success—but how do you hire the right people to build that team? Workology founder Jessica Miller-Merrell knows the answer, and in this episode she shares her hiring and human resources expertise to explain how to hire the best people for your business.

Workology was founded in 2005 as an HR resource destination for small business owners. Since its founding, the site has twice been listed among Forbes Magazine’s top recruitment resources. They’ve helped nationally-known companies like Whole Foods, Home Depot, and AT&T optimize their talent acquisition and management processes. Along with her paid consulting work, Jessica shares her insights for free on the Workology Podcast, one of the best team-building knowledge resources in the business podcast world.

In this episode, Jessica talks through the steps of how to attract and retain top talent in a small business. You’ll learn where to find talent, how to identify the best candidates, and how to manage that team once you’ve built it to keep them engaged so your business gets the full benefits of their skills.

Resources

https://bit.ly/3C0Mt7d Get 500 free business ideas
Workology - Learn about Workology

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

On Youtube
On Instagram
On Facebook
@UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!