In this first ever Fibrenew Podcast, Matt Schmidt shares stories and insights on how he transformed his business from a once cash-poor operation to one that consistently does $28,000 - $30,000/month in revenue. He talks about the way he has set up his business to be diversified across multiple markets and how that relates to his monthly cashflow.
Key take aways from this conversation:
- scheduling work for maximum efficiency and profit
- hiring an upholsterer and how he works that service into his business
- moving into a shop and later buying his own building from which he runs his business
- how he first 'got in' to medical facilities, restaurants and furniture stores
- how doing small jobs every day leads to bigger things (hitting singles and doubles)
- always be learning and applying new ideas to the business
- getting over fear and developing the ability to take risks in order to grow the business
We hope you enjoy!
