How He Started a $60K/Month Epoxy Flooring Business

Video Description

Corey Emonds took time off from his business and invested $60,000 to start his epoxy garage floor business. Now, it averages $70,000 a month and growing, with impressive 20% margins even with a full team of employees–and they’re only a year in! Find out his secret to fast growth in this episode. This video is sponsored by National Business Capital, the quick and easy way for entrepreneurs to secure financing for their business. See what you qualify for here: http://nationalbusinesscapital.com/UpFlip Corey started off in the power washing industry, and it was talking to those customers that made him decide to open an epoxy flooring business. He took time off from his business to master the process and complex science of concrete coatings, bringing that knowledge back to his team to ensure consistent quality with every floor they install. That time spent learning paid off, and many of Northwest Concrete Coatings’ new business today is referred from satisfied customers who love their new garage floors. Along with his knowledge of the craft, Corey’s marketing expertise and emphasis on business systems have helped him grow Northwest Concrete Coatings quickly. He shares how he systematized his operations to create a seamless, smooth workflow for his teams, and why it’s crucial for a business to have replicable, measurable systems. We’ll also find out what tools he uses to run and market his business and how he’s created an exceptional customer experience. 🔗 UpFlip Official Resources 🎓 Start or scale your business with the UpFlip Academy - https://links.upflip.com/academy-yt 📕 FREE access to ‘137 most profitable businesses’ - https://links.upflip.com/137-business-ideas-yt 🎙️ Follow the UpFlip Podcast - https://links.upflip.com/podcast-yt 📩 Join the UpFlip Newsletter - https://links.upflip.com/newsletter-yt 👉 Check out Corey’s business - https://www.nwconcretecoatings.com ⭐ Tools & Services We Recommend Best AI-Powered CRM 👉 https://www.upflip.com/go/go-high-level-crm Save $$ on your auto insurance bill 👉 https://secure.moneymatchup.com/2YXbmn Best business checking accounts (FREE) 👉 https://secure.moneymatchup.com/1YKrOV Looking for Business Loans? 👉 https://secure.moneymatchup.com/LV233y Set up a Shopify Store for FREE 👉 https://secure.moneymatchup.com/GWvVrk Set up Quickbooks for your business (DISCOUNT) 👉 https://secure.moneymatchup.com/0rLCuX Stuck in debt? 👉 https://secure.moneymatchup.com/yoXaZn Set up payroll with ADP 👉 https://secure.moneymatchup.com/HT5vef Timestamps: 00:00 - Intro 00:46 - Meeting Corey 02:05 - Equipment 03:39 - Where to Get Training 04:36 - How to get your First Customer 05:38 - Startup Costs 06:43 - Visiting a Job Site 08:31 - Installing a Floor 10:24 - Cash or Financing for Equipment 12:59 - Getting Customer Referrals 14:28 - Why They Use Flake Coating 15:28 - Equipment Walk-Through 16:53 - Training and Knowledge Resources 17:45 - Typical Profit Margins 18:57 - Why Systems are Important 21:21 - Fan Blitz 23:51 - Employee Pay 26:25 - Monthly Expenses 28:24 - Hiring Process 31:00 - Monthly Ad Spend 32:53 - 4 Pillars of the Business 33:49 - Sales Manager Interview 36:00 - Flooring Material Walk-Through 37:17 - Mentorship and Business Coaching 38:23 - Business Books and Blinkist 39:10 - Sales Compensation 40:02 - Managing Finances/Profit First 41:06 - #1 Advice for Entrepreneurs 41:58 - Outro #epoxyflooring #epoxy #epoxygaragefloor