#048 - What’s the Future of the Painting industry? (w/ Nick Slavik & Theodore Vairaktaris)

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Three painting business owners.

Three different journeys.

One common goal.

Building better businesses.

In this episode of the Business Course Podcast, Tas sits down with Theo and Nick to talk about what they're seeing in the painting industry, the lessons they've learned along the way, and what separates businesses that grow from those that stay stuck.

No scripts.

No filters.

Just real conversations between people who have spent years in the industry.

Sometimes the biggest breakthroughs come from hearing a different perspective.

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Timestamps:

00:00 Introduction & Welcoming Nick Slavik to Australia

01:55 Why painters around the world have the same challenges

03:03 The value of industry events and networking

04:58 Morning routines, discipline & setting yourself up to win

10:04 Why more non-painters are entering the painting industry

13:13 How social media transformed painting businesses

15:13 Breaking the "secret keeping" mentality in the industry

17:15 Why innovation attracts the next generation of business owners

20:33 The future of the Australian painting industry

22:17 AI in painting businesses: Opportunity or threat?

24:07 The shocking pricing mistakes painters make

28:44 Why most painters struggle with pricing

31:29 How the PCA became a global force in the industry

34:52 Marketing vs Labour: The changing business landscape

38:30 Why small businesses shouldn't blame the economy

42:22 Growing market share during difficult times

46:14 Employees vs Subcontractors: The big debate

51:28 Why subcontracting can create better business outcomes

58:30 How employee expectations have changed over generations

01:00:21 Building a culture people actually want to be part of

01:01:53 Final thoughts & wrap up

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