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Profitable Painter Podcast

Mike Gore-Hickman: Scaling a Painting Business from $500k to $2 Million and beyond

October 20, 20232 min read

October 20, 2023

Season 1, Episode 21

Description:

Strap yourself in and prepare for a deep dive into the world of painting businesses as we chat with Mike Gore-Hickman, founder of PainterGrowthcom and revered contractor coach. Discover how Mike broke all the rules to scale his student painting business from a $500,000 venture to a $1,000,000 empire. Experience his journey from challenging the status quo to creating a unique business model, and glean insights into how hiring a production manager can revolutionize not just your business, but your life too.

We then shift gears to discuss the enigmatic three-tiered compensation structure Mike devised for his production manager. With low, medium, and high-risk reward options, each level has been crafted to encourage quality and efficiency. Mike enlightens us on the critical role coaching plays in achieving success, in both the realm of sports and business. A unique perspective that draws parallels between two seemingly different fields.

As we progress, we tackle the daunting task of hiring and incentivizing sales reps, a crucial facet of scaling any business. We help you navigate through the intricacies of identifying the dual skills required for the role - estimating and sales. Uncover various ways to incentivize selling profitable jobs and learn how to overcome friction points when bringing a salesperson on board. With a wealth of practical advice on the financial and tax aspects of operating and scaling a professional painting business, this is an episode you won't want to miss! So tune in, and harness the power of Mike's industry wisdom to propel your business to new heights.

Want to learn more from Mike Gore-Hickman? Check out these FREE resources below:


EXCLUSIVE: Schedule a Call with Mike Gore-Hickman where he'll give you a customized plan for scaling your painting company by at least $30k/mo in the next 90 days - GUARANTEED. 

Subscribe to the Profitable Painter Podcast

scaling your businessfrom $500kget to $2 million and beyondscale your painting businessmike gore-hickmanbookkeeping for painters
blog author image

Daniel Honan

Daniel Honan is a former painting business owner and military intelligence officer with an MBA and a degree in Accounting. He's been in your shoes. Everything from cold calling for estimates, in-home consults, managing crews, to running payroll. With his accounting, intel, and painting industry experience, he's put together a back-office system to help painting contractors crush it by helping them know their numbers and what they mean, save big in taxes, and streamline and automate their processes to save time and money.

Back to Blog
Profitable Painter Podcast

Mike Gore-Hickman: Scaling a Painting Business from $500k to $2 Million and beyond

October 20, 20232 min read

October 20, 2023

Season 1, Episode 21

Description:

Strap yourself in and prepare for a deep dive into the world of painting businesses as we chat with Mike Gore-Hickman, founder of PainterGrowthcom and revered contractor coach. Discover how Mike broke all the rules to scale his student painting business from a $500,000 venture to a $1,000,000 empire. Experience his journey from challenging the status quo to creating a unique business model, and glean insights into how hiring a production manager can revolutionize not just your business, but your life too.

We then shift gears to discuss the enigmatic three-tiered compensation structure Mike devised for his production manager. With low, medium, and high-risk reward options, each level has been crafted to encourage quality and efficiency. Mike enlightens us on the critical role coaching plays in achieving success, in both the realm of sports and business. A unique perspective that draws parallels between two seemingly different fields.

As we progress, we tackle the daunting task of hiring and incentivizing sales reps, a crucial facet of scaling any business. We help you navigate through the intricacies of identifying the dual skills required for the role - estimating and sales. Uncover various ways to incentivize selling profitable jobs and learn how to overcome friction points when bringing a salesperson on board. With a wealth of practical advice on the financial and tax aspects of operating and scaling a professional painting business, this is an episode you won't want to miss! So tune in, and harness the power of Mike's industry wisdom to propel your business to new heights.

Want to learn more from Mike Gore-Hickman? Check out these FREE resources below:


EXCLUSIVE: Schedule a Call with Mike Gore-Hickman where he'll give you a customized plan for scaling your painting company by at least $30k/mo in the next 90 days - GUARANTEED. 

Subscribe to the Profitable Painter Podcast

scaling your businessfrom $500kget to $2 million and beyondscale your painting businessmike gore-hickmanbookkeeping for painters
blog author image

Daniel Honan

Daniel Honan is a former painting business owner and military intelligence officer with an MBA and a degree in Accounting. He's been in your shoes. Everything from cold calling for estimates, in-home consults, managing crews, to running payroll. With his accounting, intel, and painting industry experience, he's put together a back-office system to help painting contractors crush it by helping them know their numbers and what they mean, save big in taxes, and streamline and automate their processes to save time and money.

Back to Blog

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