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Speaker 2 | So that's maybe an illusion that people have, and if it is making money, then the purchase price is a lot more. It's like, okay, yeah, even if you did make money for those two years, you're paying that down, and now you're making your first money in year three. Is there anything else you've taken just from the experience of buying a company that you would share with someone who has | |
Speaker 1 | So that's maybe an illusion that people have, and if it is making money, then the purchase price is a lot more. It's like, okay, yeah, even if you did make money for those two years, you're paying that down, and now you're making your first money in year three. Is there anything else you've taken just from the experience of buying a company that you would share with someone who hasn't gone through this, because I talk to people from time to time who are considering buying a business. My advice is always no, but as someone who's been through it, what other advice or what other considerations would you tell people to think about who are looking at start or buy? |
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https://www.servycer.com/episode/cdwfuwjj-r8/?t=125
Mathew runs a painting company in British Columbia.
He tripled his business in just one year—without doing any extra marketing, taking on one-off jobs, or moving into commercial work.
In 2023, he was around $300K.
In 2024, he’s on track to hit $900K in production.
In 2025, he’s set to reach $1.3M.
Even better, he’s working fewer hours and has more time to enjoy life.
So, what’s his secret?
Mathew let go of limiting beliefs that were holding him back.
When I asked him what his biggest breakthrough was, he said, “I stopped thinking of painters as a problem.”
Like many painting contractors, Mathew used to believe hiring painters would only add more stress.
He thought, “They won’t paint as well as I can”, or “They’ll just bring more headaches.”
But once he let go of that limiting belief, everything changed.
The result? He tripled his business and cut his work hours in half.
And that wasn’t the only shift he made. Mathew implemented several key changes that have him on track to hit $1.3M next year—all without increasing his marketing budget.
On the podcast, he breaks down:
His #1 marketing source that’s bringing in top-quality leads at super-low cost.
Some of the different limiting beliefs that held him back from growing his painting business.
Where he’s finding skilled painters to handle his jobs.
The business book that helped transform his mindset and his company.
The challenges he faced finding the right painters (it didn’t work out the first few times).
How he grew sales without spending more on marketing.
The limiting beliefs that used to hold him back.
And much more.
If you’re doing between $200K to $500K a year in your painting business, this episode is for you.
Don’t miss it!