Double Your Pricing // Paul Gardner of Sign Enterprise

In this episode we sit down with Paul Gardner, the entrepreneurial force behind Sign Enterprise. With over two decades in the sign industry, Paul shares his journey from a young enthusiast in vinyl graphics to a successful owner of multiple sign companies. His insights into business growth, innovative strategies, and maintaining work-life balance are invaluable for anyone in the industry.##-##This episode is sponsored by:GCI Digital Imaging - Your partner for large/grand format trade printing. Known for their exceptional customer service, GCI Digital Imaging is the go-to for banners, coroplast signs, vehicle wraps, and other digitally printed graphics. Discover more in Episode #9 or visit https://gci-digital.com.##-##Key Points Discussed:- Paul's Origin Story: Starting as a teenager fascinated by vinyl graphics, Paul's early experiences in the sign business laid the foundation for his future entrepreneurial ventures. His purchase of a local sign shop marked the beginning of his journey in business ownership.- Growth and Acquisition: Paul discusses his strategy of acquiring struggling sign businesses, transforming them by implementing new systems, focusing on employee quality, and enhancing operational efficiency.- Pricing Strategies: A pivotal shift in Paul's business approach was understanding the value of his service and adjusting his pricing model. He emphasizes the importance of not basing prices solely on industry averages but on the value delivered to clients.- Diversification of Ventures: Paul shares insights into how his ventures in landscape lighting, Christmas light installations, and other industries complement his sign business. He highlights how ideas from different sectors can revolutionize traditional business models in the sign industry.- Challenges and Solutions: Paul candidly discusses various challenges, such as change orders and unforeseen job complexities. He stresses the significance of clear communication and contractual agreements to manage client expectations and maintain profitability.- Business Management and Work-Life Balance: Paul talks about the importance of building a business that can operate independently of the owner, allowing for a better work-life balance and opportunities for further growth.##-##In this episode...00:00 Intro00:38 Sponsor01:33 Catching up04:02 Welcoming Paul Gardner04:40 Paul's backstory in the sign business10:50 Growth and acquisitions in Sign Enterprise13:10 Innovations in pricing strategies15:30 Diversification into related ventures19:33 Overcoming challenges in sign installation25:40 Insights into effective business management28:40 Communication strategies for client satisfaction38:26 Balancing work and personal life40:32 Paul's approach to employee training and retention43:30 Leveraging cross-industry ideas47:10 Future plans for Sign Enterprise51:30 Paul's perspective on emerging technologies in the industry55:30 Advice for upcoming entrepreneurs in the sign industry57:45 Closing thoughts and future directions for the podcast##-##Ready to systemize and scale your shop?Start by creating your free account on the Better Sign Shop platform at https://my.bettersignshop.com/##-##Are you a sign or print shop owner?Join the Better Sign Shop Community - our exclusive Facebook group for shop owners and managers. Connect and learn from peers at https://www.facebook.com/groups/bettersignshopmastermind.Interested in being a guest on the show or have questions for our team? Reach out to us at [email protected].