How to Start $3,000/Week Painting Business

  Рет қаралды 108,237

6 Figure Revenue

6 Figure Revenue

Күн бұрын

We got to talk to Tim Oliphant who started his entrepreneurship journey with a painting business! He has worked solo for the past 10 years earning over $100K a year with full time work. Tim talks about paint tools, advertising, marketing, sales, advice and much more! Please check out Tim's info below!
Tim's links:
Website: www.timoliphant.com
Instagram: / tim_oliphant
KZfaq: / timoliphant1
Painting Equipment:
www.amazon.com/shop/woodworkcraft
Instagram:
/ extramediumstuf
Subscribe!
‪@6FigureRevenue‬

Пікірлер: 195
@Ecofriendlymemez
@Ecofriendlymemez Жыл бұрын
I’m starting my own painting business as I truly find it relaxing and peaceful. I’m also tired of selling my talent to get another person rich. Time to focus on my growth 🤞
@Onesmus_Musyoki
@Onesmus_Musyoki Жыл бұрын
Hello
@curttaylor7841
@curttaylor7841 Жыл бұрын
You and me both
@Analangus
@Analangus Жыл бұрын
Same here. Good luck!
@Elwooddudes
@Elwooddudes Жыл бұрын
I’m in the same boat as you guys
@uprih
@uprih Жыл бұрын
Did you do it?
@dakotasullivan
@dakotasullivan Жыл бұрын
I've been painting for years, talked to a contractor at a job and now I'm doing my first solo job 9200 bid 7800+ profit.
@6FigureRevenue
@6FigureRevenue Жыл бұрын
Thats awesome to hear!
@austinwills8682
@austinwills8682 Жыл бұрын
Damn commercial or residential
@joeloretto
@joeloretto Жыл бұрын
Can you please help in that sense as to how you’d approach
@jordanroyal5050
@jordanroyal5050 Жыл бұрын
nice,congrats my guy keep going
@dalexandramidy7814
@dalexandramidy7814 Жыл бұрын
How do get clients ?
@ElitePainting_EpoxyCoatings
@ElitePainting_EpoxyCoatings 10 ай бұрын
Love it!! 👏👏 Painting business owner here. In our 3rd year of business. 1st year I was completely solo. 2nd year brought on employees. Now for the 3rd year I've taken myself completely out of the field and off the brush. On track to finish this year out at $500k revenue with a 40% Gross Profit Margin.
@DoSterling
@DoSterling 8 ай бұрын
Can you share some advice I’m starting my own solo at the moment but don’t have no idea about pricing, tools llc
@ElitePainting_EpoxyCoatings
@ElitePainting_EpoxyCoatings 7 ай бұрын
@DoSterling Pretty much spent the 1st year solo just building our reputation, collecting 5 star reviews, posting on all socials. For tools, I just bought what was needed for specific jobs as we needed and built that up slowly. Keep pushing man, you can do it
@DoSterling
@DoSterling 7 ай бұрын
@@ElitePainting_EpoxyCoatings thank you for getting back to me I lost all my money and family savings in the stock market this year trading options and I’m trying to get out of the hole by doing what I used to do in the past. Thank you so much for the encouragement man I appreciate it
@SRC503
@SRC503 7 ай бұрын
@@DoSterlinghang in there man. I’ve lost a lot of money too trying to day trade and it’s not for me at all
@user-mx4xw5tw6q
@user-mx4xw5tw6q 7 ай бұрын
How do you take on somone els and make a profit with out rising your prices ?
@jacktoledo8786
@jacktoledo8786 Жыл бұрын
My dad has been a painter for about 30 years now. My uncles (his younger brothers) are all painters as well. Ive work with them on & off throughout the years gaining experience & now that I’m in my mid 20’s i decided to pursue the family business. I’ve came to the realization that it will be an easy start up for me since my pops already has tons of connections that he can pass down to me. Wish me luck.
@6FigureRevenue
@6FigureRevenue Жыл бұрын
you got this!
@SRC503
@SRC503 Жыл бұрын
Awesome man
@DevinBird2753
@DevinBird2753 Жыл бұрын
That’s Awesome
@mrclassix3599
@mrclassix3599 Жыл бұрын
Same here broski, Been working with my dad since I was kid during summer and started working at age 18 now I’m about to be 21 and going to start off a business with my dad since he haves more experience than me and got connections also so already in a good start
@DeadendMent
@DeadendMent 11 ай бұрын
Holy shit. Im in the same exact position right now. I own a mobile detailing biz but this family painting biz is a great opportunity as well. Thats the dilemma at the moment, which to put my focus on. Your opinion would be valuable if you care to share!
@lucianbonas6566
@lucianbonas6566 Жыл бұрын
This is probably the best video I've come across. Great job at putting questions
@PoisonJarl71501
@PoisonJarl71501 10 ай бұрын
I paint often as a contractor and I feel this guy. We operate the same way in the fact we won’t hire and deal with flakes and have high work standards. It’s rough. What a talented artist too!!
@Mittenoutdoors269
@Mittenoutdoors269 Жыл бұрын
Just wanted to stop by and say thanks so much for this video! Alot of great tips and ideas here.
@SummitCityPaintCo
@SummitCityPaintCo 8 ай бұрын
Very underrated video. Thank you guys for your time! Tons of gold in there
@ImperialPaintingTV
@ImperialPaintingTV Жыл бұрын
Perfect video for a one man shows !! Love it ✊🏾
@wakalmercedesreyes1865
@wakalmercedesreyes1865 11 ай бұрын
Thank so much both of you , one the best business advice in field, given from the heart straight to the point, great experience and great two man god bless both of you.
@elementswithdesign
@elementswithdesign Жыл бұрын
We love our business when it comes to painting! We had a similar upbringing.
@pdtenn6829
@pdtenn6829 Жыл бұрын
Very informative. I’m looking to run my own interior painting company. I was a painter on a contracting crew and fell in love with the work.
@johnnyyak515
@johnnyyak515 Жыл бұрын
Answer your phone or pay someone to answer the phone every time. Do not underbid for any reason. EVER. Your new job is a salesman. The entire gig is selling. Understand those 3 and you will be succesful. ❤
@swere1240
@swere1240 29 күн бұрын
i loved painting to until i started working commercial jobs lol that sucks all the fun out of it instantly with all the smooth walls in semi gloss paint electrical conduit and firedoors you have to do. had to paint by hand once 900 feet of bare conduit because the electricians claimed they were done so we sprayed the ceilings and then after all the lights fiberoptics and all the crazy stuff was ran came back and ran abunch of bare conduit that would had to do by hand. was a nightmare.
@johnnyyak515
@johnnyyak515 Жыл бұрын
Starting a painting business is becoming a full time salesman. Be clean. Answer your phone. And don’t underbid for any reason whatsoever no matter what EVER!!! This is also goes for every single service business ever started. Landscaping, cleaning, carpentry, nails, hair, plumbing. Don’t matter all the same. The winners all do the same thing.
@jamesadamgleason9471
@jamesadamgleason9471 4 ай бұрын
Im new and will certainly underbid at first. Its a simple business tactic when you have no rep
@eoleol4750
@eoleol4750 Жыл бұрын
Good Job to the interviewer and the subject. Very helpful.
@ishaqkhodor1388
@ishaqkhodor1388 Жыл бұрын
His art studio is so cool does a great job!! Both in the field and out
@fernrockhp2154
@fernrockhp2154 6 ай бұрын
My respects to this brother what a humble human being thanks for the information
@Explorewithkayla
@Explorewithkayla 8 ай бұрын
I am a girl who wants to start my own business ❤ of painting
@berusbogzniszczenia4359
@berusbogzniszczenia4359 4 ай бұрын
Good luck. I doing really good job... I tell true is very difficult get job for properly money...
@SRC503
@SRC503 Жыл бұрын
Great interview man. Lots of relevant questions
@levdragilev841
@levdragilev841 Жыл бұрын
Awesome video Thanks a lot to Tim !!! Great info and amazing art
@davescustompaintingllc
@davescustompaintingllc Жыл бұрын
Awesome video. Love this info!
@Magradd
@Magradd Жыл бұрын
I’m also in Michigan so this is comforting
@renostubbs8504
@renostubbs8504 Жыл бұрын
I am a one man crew just starting off, and this is a beneficial video . Thanks man
@painterprenuer
@painterprenuer 7 ай бұрын
how are you going to get customers?
@renostubbs8504
@renostubbs8504 7 ай бұрын
@@painterprenuer how do you mean
@Duze_808
@Duze_808 Жыл бұрын
humble beginnings brother! im in the exact boat as you in this vid!
@ROOSTERpaintApplications
@ROOSTERpaintApplications Жыл бұрын
This is the most informative video I’ve found!
@raymundogarzon9666
@raymundogarzon9666 Жыл бұрын
Thanks he is very good guy God bless him
@jeremiahsanders1103
@jeremiahsanders1103 7 ай бұрын
What a skilled guy! Hope him the best in his art career!
@curttaylor7841
@curttaylor7841 Жыл бұрын
Thanks for this info thank you
@JustTheGuy37
@JustTheGuy37 10 ай бұрын
If he only charges 75/hr that is super cheap, at least for my area. And for owning your own business. Sure it is decent to cover the basics but not to get well ahead in life. I charge 250-700 plus per hour, The most I have ever made in one day is around 4k. Never charge by the hour.. Charge by the project... If you want to make good money at anything you do, you have got to get very efficient at it. If you are not you will make a lot less. I made about 3k a week when I first started painting 20 years ago.. I try to make $1,000 a day minimum. Average is 2k a day. Will be making more videos for my channel, just started not long ago on here.
@orbiebibbee2998
@orbiebibbee2998 10 ай бұрын
This is guy is awesome ! best painter I've ever seen on You Tube! Funniest part is he's trying to quit. Thats when you know he's good. Painting professionally since 1986 still trying to quit...
@babydii3487
@babydii3487 8 ай бұрын
Thank you guys so much 💯💯💯
@tolaisolia8743
@tolaisolia8743 Жыл бұрын
I've worked with painting contractors and they've told me that they have also been ripped off by a few clients that's why you should always get a down payment or something first get them to pay half and the rest later
@erikl7909
@erikl7909 Жыл бұрын
Definitely we collect 40% deposit to schedule
@unapprovedtruth7116
@unapprovedtruth7116 Жыл бұрын
​@@Yo_666 it's highly not. Whatever the client agrees to is a sealed deal once it's on the board. 🖋️ 💯
@johnnyboi743
@johnnyboi743 Жыл бұрын
Starting my journey. Been working with my pops for a year and on my way to get my contractors license
@jordanmccarley629
@jordanmccarley629 Ай бұрын
I appreciate this, thank you.
@chicfini
@chicfini 9 ай бұрын
I enjoy this honest interview🤝🏿👌🏿👍🏿
@skyhawaii5446
@skyhawaii5446 Жыл бұрын
Great Interview. Tim exudes with skills that are rare in the professional painting industry.
@KevinCleghorn
@KevinCleghorn 25 күн бұрын
Professional is defined by qualifications 🤷‍♂️
@skyhawaii5446
@skyhawaii5446 25 күн бұрын
@@KevinCleghorn Could not agree with your more. I have 1 foot on the shovel and 1 foot in the grave after 40 years of experience. What you and I do for a living aint easy. For those who think it is, they will change their mind after a day of working with us.
@farbwerker7431
@farbwerker7431 3 ай бұрын
Wow...being a one man painter my self here in Bavarian Germany for 10 Years, i thought it is much different to the US. But it isnt. Really cool Video. Thx Tim!
@gageirwin7206
@gageirwin7206 3 ай бұрын
I have the transit connect van 2013 much better space wise then that still could be bigger but it works for me and it's very low to the ground easier to lift up the big 840 in there
@Prettyridiculous
@Prettyridiculous Жыл бұрын
Ty for this
@justincowles
@justincowles Жыл бұрын
Get Drip Jobs for your CRM. Great Video. A lot of good info. Thank you for sharing!
@ExecutiveZone1
@ExecutiveZone1 8 ай бұрын
I dont know how I came across this video, but it was very helpful and the questions you asked related well to the topic and are things I wanted to know but wouldn't have thought to ask. Thank you. (by the way you forgot to sensor the number on the paper flyer) lol
@days_hadd
@days_hadd 2 ай бұрын
I just started at a new company 2 days ago... helped my grandfather on a few jobs when I was way younger... didnt realize how much actually goes into it... Excited to start this new opportunity. Any words of advice would really help! Thanks!
@zhighsmith
@zhighsmith 6 ай бұрын
Great Interview!🙂
@davidwebster4318
@davidwebster4318 9 ай бұрын
Really great video super helpful 10/10
@6FigureRevenue
@6FigureRevenue Жыл бұрын
Thank you to Tim for your time! Go check his amazing artwork! And comment below what business you are starting!
@TimOliphant1
@TimOliphant1 Жыл бұрын
Thanks so much for the opportunity!
@SRC503
@SRC503 Жыл бұрын
@TimOliphant1 your realism is really good. Definitely, can become a top end tattooer
@adolforodriguez2889
@adolforodriguez2889 Жыл бұрын
How do you get into bids ? I need advice thank you
@Starskinny
@Starskinny Жыл бұрын
What company do you get your liability ins from They want me to pay 1500 a year where I live
@MohamedElmorsy-yc9nx
@MohamedElmorsy-yc9nx Жыл бұрын
I love paint work and I hope to join
@rosalinda612
@rosalinda612 Жыл бұрын
Hes an amazing artist!
@kennethwyant9813
@kennethwyant9813 Жыл бұрын
This guy must be in the Grand Rapids, mi area. I see his signs all the time.
@Patriot4TheTree
@Patriot4TheTree Жыл бұрын
Loved this dude in Deadwood, too.
@gianthills
@gianthills 8 ай бұрын
That ladder is meant primarily for stairs
@heididay9579
@heididay9579 15 күн бұрын
I’m 38 years old and my name is Heidi Day and I just realized I know how to paint and I know how to paint really well and I would like to get me a business going? Thank you for your information. God bless and have a wonderful day. I hope you get to read this.
@eddiebyrns7841
@eddiebyrns7841 8 ай бұрын
I hate painting cabinets too but it pays well I only do them in shop tho so demo restore then reinstall all of it pays
@GrowwithmebySarahNicole
@GrowwithmebySarahNicole Жыл бұрын
I’m def following him
@sthomas7211
@sthomas7211 Жыл бұрын
Learn how to patch and repair drywall properly. This will help with the quality.
@dalexandramidy7814
@dalexandramidy7814 Жыл бұрын
Hi my husband just started his but can’t find clients , how do you get clients?
@damonredmond6266
@damonredmond6266 3 ай бұрын
Need to know more.
@ismailatouray2851
@ismailatouray2851 Жыл бұрын
I have 14 years experience in painting business but now am about to open painting company need your prayers please
@drewmonroe4641
@drewmonroe4641 10 ай бұрын
Why is his number blocked on van but if u type his name in on internet number shows up
@muffinsmuffins8074
@muffinsmuffins8074 7 ай бұрын
20:29 $1,000 for two bedrooms, $100 in paint $900 labor. Two days or less
@ToriMarieGalaxy
@ToriMarieGalaxy 6 ай бұрын
How do you guys find jobs? We have a licensed and insured company but have a hard time finding jobs. Things like angi list seem like a trap. Any help would be amazing!
@lilonenps
@lilonenps 10 ай бұрын
I’m a painting contractor . I have 8 years experience, and I became a contractor 6 years ago. I make 240+ profit a year.
@6FigureRevenue
@6FigureRevenue 10 ай бұрын
Where are you from? Interested in being in a video?
@tomg6498
@tomg6498 Жыл бұрын
I would like to see his business books. Solo painter that doesn't work full time, and rolls out paint, making 6 figures by volume is questionable.
@TimOliphant1
@TimOliphant1 Жыл бұрын
If you quote projects at around $3k a week, it takes 33.3 weeks to reach $100k ;)
@Mitchellnuno
@Mitchellnuno 7 ай бұрын
I had my own headache, (need to be a drunk to be a painter) business… transitions to gutters best thing I ever did
@jethenderreddy
@jethenderreddy 10 ай бұрын
Good one 👍
@TahirKhan-vf9mq
@TahirKhan-vf9mq 10 ай бұрын
Painting experience 11 years working in Saudi Arabia
@sandeeparya7944
@sandeeparya7944 10 күн бұрын
"After leaving my business management job due to a conflict, I faced significant challenges supporting my two daughters. However, I started a painting business, and through hard work and dedication, I am now a successful contractor with a team of 10 workers. We are currently handling three four-star hotel projects." My turnover also increased
@2Boarknot2B
@2Boarknot2B 2 ай бұрын
This is a good small business model for a local who does very small projects within the immediate neighborhood. A base of ten or twelve locals in a suburban neighborhood with family houses can be profitable from word of mouth, reasonable prices, and reliability. But it's a very specific set of circumstances. Homeowners can be notorious for wanting more work than what was under contract, won't pay for extras and sometimes will hold out final bulk payment because they know a small business can't afford to go to court. So relationship with the clients is everything on this level. The other thing is that if you're working alone and sometimes with a helper you can only do this kind of work into your fifties. Injuries or health issues will put you in the red real quick. Finally there is a lot of down time with interior and exterior house painting. You're really busy only six months out of the year.
@KevinCleghorn
@KevinCleghorn 25 күн бұрын
Busy in UK for 11 months a year only exception is December 🤷‍♂️
@KYLE-zo4bm
@KYLE-zo4bm Жыл бұрын
a really advertisment for his art
@McNateDoggYT
@McNateDoggYT 8 ай бұрын
How you only pay $25 a year for your LLC please explain?
@beshebabarnes3004
@beshebabarnes3004 Жыл бұрын
What liability company do you use?
@user-dt6ki8kx4q
@user-dt6ki8kx4q Жыл бұрын
Hello Dear Sir ,Am intressting painting work with you,,am working Painting work since 2008 Am from Pakistan,,how is poosible....??plz
@mr.mikesart7111
@mr.mikesart7111 10 ай бұрын
Almost 30 years painting 9 inch out of a clean 5 gallon bucket. No screen You cant out pace us with the setup shown Sleeves should be replaced after every 50 gallons /per large job. Basically if you roll a whole house, it should be replaced Otherwise your 3/4 becomes a 1/2 Then that 1/2 becomes a 1/4. You end up beating yourself up production wise not replacing For walls
@chrisgoosebrooks638
@chrisgoosebrooks638 Ай бұрын
I’ve never seen a professional use paint trays… use bucket grids, I replace naps and brushes after each job. On occasion multiple brushes per job. I’m not big on stretching out a $9 nap. With what I charge it’s not even worth me spending time cleaning a nap
@AllHomePainting
@AllHomePainting 8 ай бұрын
I hope he has more than just the LLC and liability. Contractors license or at least a business license to run a business is required you would think.
@theone8173
@theone8173 6 ай бұрын
Considering this now in LA.Anyone in the area considering the same?
@painterprenuer
@painterprenuer 7 ай бұрын
anyone using marketing to get a consistent flow of painting jobs?
@petroart
@petroart Жыл бұрын
As an artist running a solo painting business for many years, this was a great vid! But $3k/week? Thats $75/hr for a 40 hr work week...are painters really making that much on the regular? I charge $45-50/hr and always wonder how I compare to the other paint contractors. Any thoughts?
@joeloretto
@joeloretto Жыл бұрын
How you come about to your clients to charge them that much
@TimOliphant1
@TimOliphant1 Жыл бұрын
While $75/hr (my current goal rate) may seem like it's on the higher side, consider comparing that to a larger painting company with tons of overhead. Many times customers get multiple estimates yet I've still gotten the project. Sometimes they've even told me I was the priciest but they want quality. A little more about my journey...My first year working for myself, I aimed to make $25 an hour (this was 2011). That was double what I was previously paid working for a large painting company that I knew was charging $40-45/hr (but paying me only $12). As I got more solo work, specifically referral work, I gradually increased pricing. As I got more experience, I learned which projects tended to make more and prioritized those. Most importantly, is getting into neighborhoods that, simply put: have money. If a house is worth $800k, their budget for painting (and willingness and ability to pay) will be far greater than a house worth $150k. Also, 15 years into painting, I can accomplish about 3 times the workload in a day than I could early on. If you're making around $50/hr as a painter, I'd say your doing way better than most! Last, I should point out that I don't work anywhere near a 50 week work year, as my style of working 110% burns me out. If you're staying relatively busy, consider quoting higher end projects a bit higher. You might be pleasantly surprised at the results! Good luck my fellow artist!
@jgg204
@jgg204 Жыл бұрын
Talk to your Sherwin rep. I get Duration for $40/gal
@GlobalPainters
@GlobalPainters 4 ай бұрын
I am also a painter in Ghana... please I would like to work with you
@PKalsiArt
@PKalsiArt 10 ай бұрын
I'm trying to grow my art business but I must admit I'm reluctant to spend on ads because I think I'm not going to get any interest
@besthomesdfw5391
@besthomesdfw5391 Жыл бұрын
Wow! Can you please share me the company whose providing you the liability insurance for $500 a year? I'm in Texas and the cheapest quote I got is $300 per month 😢 thanks in advance!
@TimOliphant1
@TimOliphant1 Жыл бұрын
Oh wow! I'm with Acuity Insurance. (Keep in mind I'm just a one man crew.)
@besthomesdfw5391
@besthomesdfw5391 Жыл бұрын
Yes, I only selected interior painting with 2 employees, no workman's comp and $300 per month. The company is called Next insurance in Dallas, TX. I'm glad to learn from you all here 😃
@Clint.Abrams
@Clint.Abrams 5 ай бұрын
STUD 👏🏼💯
@thayshamartinez5666
@thayshamartinez5666 8 ай бұрын
This is great I love this
@colourgrouppainting4281
@colourgrouppainting4281 9 ай бұрын
Benjamin Moore products are far superior ... but cheap painters use SW because the give %40 discount
@estherawino4924
@estherawino4924 11 ай бұрын
can i get a job as a assitate to you i have every documete
@MaxwellPainting
@MaxwellPainting 7 күн бұрын
Two very nice guys, glad this video is out here but i'm 3 months into business and pretty much not a single helpful thing in this video
@bluegrassdanq
@bluegrassdanq Жыл бұрын
I work alone and charge $30 an hour rather than quoting. Am I not charging too little?
@the-chris-show
@the-chris-show Жыл бұрын
yes and you shouldn't be charging per hour
@tylergreen827
@tylergreen827 Жыл бұрын
Charge more, maybe by the sq ft. Plus some
@alexvidal89
@alexvidal89 Жыл бұрын
You need to be charging way more lol 30 an hour is hurting you big time... anything goes wrong and your done for profit.
@rrck6610
@rrck6610 Жыл бұрын
$30 an hour isn't a business rate, it's a wage.
@santosramirez2195
@santosramirez2195 Жыл бұрын
I live in a relatively small town and I charge $50 per guy on the job site. If I do a job alone I charge minimum $75. As far as material if you have a company discount you charge original price to customers if not try 15% of original price if you buy
@paintwesley
@paintwesley Жыл бұрын
A good brush is about 25 to 30 now haha
@SannaFatty-gf1ot
@SannaFatty-gf1ot Жыл бұрын
Am ready to join with you I
@blakewilkerson9695
@blakewilkerson9695 9 ай бұрын
I’d fire him as soon as he pulled out the trays lmao😂
@edwinlozada9334
@edwinlozada9334 2 ай бұрын
How hard to be a one man painter
@jackwardley3626
@jackwardley3626 Жыл бұрын
i dont see how its possible to make £ 2,300 a week as a painter by yourself every job he goes on must just need painting without very little prep and every customer a millionaire
@rogermenjivar1438
@rogermenjivar1438 2 ай бұрын
I'm pretty sure its not legal to put mail in peoples mail box.
@johnnycarlisle2260
@johnnycarlisle2260 Жыл бұрын
Dudes pants are way to clean lol.
@Stargazing1108
@Stargazing1108 9 ай бұрын
I haven't read thru the comments so forgive me. Is this George to the rescue's brother?
@JDB61698
@JDB61698 7 ай бұрын
Corona brushes over purdy all day
@rajeshmorya4435
@rajeshmorya4435 4 ай бұрын
I am intrdyd haus pynteg GOp iam saudi arbea 10 eyr exprync
@sgtrickards5683
@sgtrickards5683 2 ай бұрын
Why do painters wear white clothing?
@i.am.ronin.
@i.am.ronin. Ай бұрын
It's the most common color to be used on the job. White, grey, and beige
@JPROP-vb7sv
@JPROP-vb7sv Жыл бұрын
Real painters don't use trays bro
@LafayetteWrestler
@LafayetteWrestler 4 ай бұрын
What do they use?
@nathanmichael8352
@nathanmichael8352 4 ай бұрын
And you’re really dumb for saying that. Every good painter uses trays and buckets.
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