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20-year-old looking to grow family business – Seeking advice on networking

Building Networks for Expanding a Family-Run Painting Business

Introduction

Stepping into the professional world with the aim of expanding a family business is both an exhilarating and daunting task. At 20 years old, I have already accumulated nearly five years of experience in my father’s solo painting venture, having started my hands-on learning journey at the tender age of thirteen. Now, I am dedicated to transforming our small operation into a sustainable, long-term career that can support our family. To achieve this, forging connections with industry professionals, especially those in real estate and property management, is crucial. Here, I share my strategy and seek advice, with the hope that experienced professionals can provide valuable insights.

Pitching Approaches

One of the foremost challenges I face is effectively initiating contact with potential collaborators. When reaching out to realtors and property managers, what strategies have proven most successful? For industry veterans, what manner of communication resonates with you when approached for business collaboration? Alternatively, for those experienced in outreach, I’d love to know what tactics have yielded fruitful partnerships.

Crafting Attractive Offers

It’s clear that merely expecting professionals to promote our services out of goodwill is unrealistic. Therefore, I’m keen on designing proposals that provide mutual benefits. What kinds of incentives are attractive to those in real estate? Is offering a commission on leads or a discount on completed jobs more effective? Insights on structuring such offers would be greatly appreciated.

Optimal Timing for Outreach

While this aspect might heavily depend on individual circumstances, I’m curious to know if there’s a generally preferable time of day for making cold calls or sending outreach emails. Understanding industry norms in communication can help in maximizing our efforts and ensuring that our messages are heard.

Business Growth and Personal Development

Beyond networking, my broader goal is to alleviate my family’s financial burdens and solidify our business’s foundation. In service of this aim, I am committed to continuous learning and professional growth. Any additional advice on business development, or personal growth in accumulating business acumen, would greatly benefit me.

Conclusion

If you’ve navigated similar challenges or possess advice from your professional experience, I would be deeply grateful for your input. Embarking on this journey with determination means harnessing every opportunity to learn and adapt for future growth. Thank you for considering my request for advice. Your insights could be pivotal in shaping the future of our family business.

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