Painters Academy

Brandon Lewis

Painters Academy with Brandon Lewis equips painting contractors with the little-known marketing, sales, management & operations strategies needed to achieve next-level success in personal income & quality of life. Learn more at www.PaintersAcademy.com

  1. The Secret to Recession-Proofing Your Business: Lessons from a 40-Year Vet

    3D AGO

    The Secret to Recession-Proofing Your Business: Lessons from a 40-Year Vet

    In this episode of from Ladder to Legacy Tara and Tom host an interview Walt Dykes, owner of D&D Decorating in Brunswick, Georgia, as he reflects on his 40-year career in the painting industry and discusses the next chapter for his company: transferring leadership to his sons.   Walt talks about his early Career and Entrepreneurship - Walt started his own business at age 25 after getting laid off from a job as an iron worker. He secured his first major project for $42,000 by cold-calling a superintendent at a local construction site. Having grown up in poverty with four brothers, Walt developed an intense work ethic early on, taking on carpentry side jobs even while working long hours as an iron worker.   He talks about Scaling and Diversifying the Business - After growing to 33 employees in the first year, Walt expanded by purchasing a paint store, but later closed it to focus solely on contracting.  To manage the volatility of the industry, Walt significantly scaled his business by moving into specialty coatings (liquid siding) and later walk-in bathtubs.  During the recession, he employed over 120 painters in his local area before the market dried up, forcing him to adapt. Walt also shares his Legacy and Succession Planning - Walt is now focusing on the succession plan for his two sons, Devin and Dylan.  Devin has been training by running a smaller satellite painting business, demonstrating strong leadership by remodeling their new building himself.  Walt is actively mentoring them on business systems, financial numbers, and leadership, aiming to tighten up operations for the next generation. Key Advice - Don't worry about overcharging: It's better to fail from charging too much than to go broke from charging too little.  Seek education early: Don't try to navigate the industry alone; take advantage of coaches and professional resources.

    34 min

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Painters Academy with Brandon Lewis equips painting contractors with the little-known marketing, sales, management & operations strategies needed to achieve next-level success in personal income & quality of life. Learn more at www.PaintersAcademy.com

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