Wise Coatings brought in more than $100,000 in revenue within the first four months after it opened in 2021. How did this epoxy garage floor business grow so quickly? Founder Brandon Vaughn shares the answer in this interview!
Brandon has built something extraordinary at Wise Coating, and you could become his partner! He is offering UpFlip viewers an exclusive discount on the start-up fees! Learn more about this great opportunity by visiting this link: https://bit.ly/WiseUpflip
Brandon had some experience with growing a business before he started Wise Coatings. He grew his previous service business to 70 employees in six seasons, an experience that taught him the importance of systems, hiring, and marketing. He put that expertise to use when he started his new epoxy flooring business, quickly scaling it to nearly $500,000 a month in revenue with profit margins up to 25%, a very impressive return on his $45,000 start-up investment.
It may be hard to believe from those numbers, but Brandon actually started Wise Coatings as an experiment. He wanted to show that it was possible to grow a business without spending any time in the field or answering sales calls. Instead, he focused on building scalable systems and perfecting his marketing. His experiment has proven to be a resounding success, though not without its bumps along the way.
Heโll share the biggest challenges he faced growing Wise Coatings, along with how he overcame those difficulties in this interview. Youโll hear what worked well too, of course, including the must-have systems for an epoxy business and how he built the phenomenal team thatโs let him focus on growing the business rather than spending all his time at job sites.
This video isnโt just for folks who want to start an epoxy floor business. Anyone who wants to start or scale a service business will learn a lot from how Brandon developed his systems and brings in customers.
If youโre looking for more actionable advice, make sure you check out these past interviews:
How He Started a $60K/Month Epoxy Flooring Business โบ
https://www.youtube.com/watch?v=tU33b8tg4bc
Starting a $1.2M/Year Shed Building Business โบ
https://www.youtube.com/watch?v=S1z9ulIh7QU
Resources
https://wisecoatings.com/ โ Find out more about Brandonโs business at their website
https://www.upflip.com/blog โ Advice on how to start and grow a business
https://www.upflip.com/podcast โ Check out our podcast
https://godunzo.com/ โ Dunzo software
https://www.conquernow.com/ โ Financial workshops hosted by Brandon
https://www.housecallpro.com/ โ Workflow app for home improvement businesses
https://quickbooks.intuit.com/ โ Financial management software used by many small businesses
https://www.sortly.com/ โ Inventory management app
https://www.fleetio.com/ โ Fleet management and maintenance software tool
https://forcebymojio.com/ โ GPS fleet tracking software
Timestamps:
00:00 โ Start
00:43 โ Introduction and job site
02:29 โ Biggest challenges
04:47 โ Equipment discussion at JonDon
06:21 โ Sales process
08:17 โ Startup budget
09:20 โ What is a franchise?
10:18 โ Break even point
11:11 โ Why join a franchise
12:57 โ Branding
14:36 โ How many franchises
16:31 โ Profit margins
17:15 โ Equipment discussion
18:26 โ Financial tools and software
19:54 โ Early struggles
21:57 โ Tools and software
23:27 โ Mixing the floor coating
24:42 โ What you wish you wouldโve known
25:38 โ Blitz questions
28:02 โ Tour of the store
29:30 โ What makes Wise Coating different
31:02 โ Customer experience
32:54 โ Employees and hiring
33:53 โ Gift cards
35:44 โ Leasing vs. buying
37:21 โ Role of the business owner
38:55 โ Yard signs
39:48 โ Equipment parts
41:24 โ Coaching with Conquer
42:44 โ Core values
44:47 โ #1 advice for floor coating businesses
45:29 โ Outro
#epoxyflooring #epoxy #epoxygaragefloor
source
We at UpFlip are excited to present you with the opportunity of becoming Wise Coating Franchise owners! Brandon has built something very extraordinary at WIse Coating, and you could become his partner! He is offering UpFlip viewers an exclusive discount on the start-up fees! Learn more about this great opportunity by visiting this link: https://bit.ly/WiseUpflip
Hey, what's the link to Dunzo app?
@innovationpolish in Ottawa check us out
Please do an interview with a powder coating company!
great video you should do one on mushrooms
IS it possible to do epoxy floor during the winter? If someone can answered me, Im from Canada,
Quebec. Thanks
I am a small coating company in Pennsylvania. I use moisture vapor barrier epoxy as my standard basecoat. How does your polyaspartic basecoat hold up to possible moisture?
I love how indept you guys go into each business!!! You guys get better and better each video. If I could suggest a business to view it would be โauto film Specialistโ owned by mike norg 1million dollar business and very humble guy
Trying to find the dunzo software as well. Doesnโt come up on google and not in the resource list. Keep us posted!
You might want to blur the person's name and address at 19:00
Great video. Tons of great info in here if youre starting youre own business
The podcast with this guy was definitely a great listen
Very inspiring!
Tell me why business super duper reminds me of them prymid schemes back in the days? Just more legit and up to date.
So enthusiastic person๐๐ชโ
Very informative video, great business too!
Who manually clears out the garage if all homeowners stuff/junk? The employees or huge discount if homeowner does it etc
This video makes me more to start my own business thx ๐ ๐๐
we need online course of expoy
Such a good channel, you guys get into great detail.
Not saying they do but alot of successful companies like this pay shit to employees.
Geez, every system Brandon teaches in his ags conquer program he uses in his own brand. He's a genius. Automate. Grow. Sell.
way too cheap, i charge 30k per day
Thank you Paul and UpFlip crew for letting us host your visit!! I had a blast spending the day with you ๐ช๐ฝ Keep making life changing content!! ๐ฅ
Great video. Anyone got a dunzo link to learn more about their system?
do you have office in texas
Great video as always!
Are they coming to Canada. Can we buy frenchie in Canada.
Wow, very well produced video. Great content
Please do a window tinting business next!
<Great video. you've remind me of what someone once saidโค Making money is an Action, keeping money is behavior, Growing money is Knowledge. I once attended seminar and ever since then i been waxing strong financially, and i most tell you the truth>
Who did he use for the vehicle branding and leasing?
Does anybody have an answer to that?
Wow, came here looking for a floor, now I want a franchise.
Fantastic video. Great questions and great flow! Thanks so much.
This was great, loved the automation and high level ownership vs operations