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A Business with Your Back Against the Wall w/Norm Baldwin :: Ep 2 The Lyndsay Stafford Show
Manage episode 442805662 series 3604442
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Lyndsay sits down with Norm Baldwin, owner of Baldwin Family Flooring, to discuss starting a business with your back against a wall after working for someone else for 20+ years. They also discuss the need (or lack thereof) for college today.
Norm Baldwin, owner of Baldwin Family Flooring, shared his journey from starting at Cool Springs Paint and Decorating at 16 to founding his own business. He emphasizes the importance of community involvement, mentioning his support for local sports and publications. Baldwin's first year in business saw $1.5 million in revenue, achieved with a small team and a focus on cash flow. He highlights the value of hard work, discipline, and community connections. Baldwin also discusses the challenges of balancing business with family life and the importance of passion and integrity in entrepreneurship.
Highlights:
1:32 - Norm's Background and Business Journey
4:59 - Taking the Leap of Faith
8:30 - First Year Success (1.5 million!) and Business Growth
11:27 - Balancing Business and Family Life
16:59 - Advice for Aspiring Entrepreneurs
28:18 - Community Involvement and Business Philosophy
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Produced by Jim McCarthy and ItsYourShow.co
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