Here’s a clip from our recent Restoration Rundown podcast interview with Gokul Padmanabhan (Restoration Brokers of America) where he discusses what separates the restoration companies that are successful vs. those that are not. This includes accounting, plan for market share and diversified revenue streams.
“So the folks, the guys and the gals that are generating, this what I called generational wealth, the top 5%, they have all learned accounting at some basic level. Correct? And they’re running their company with really, really clean books. So there’s one thing that they’re doing, correct? They always have a plan to go get market share and growth potential.
“So even though they’ve got, they’ve reached a high level, you know, maybe they got 10% of market share in their market, or maybe it’s 8%, which is pretty high, they still have a plan to take it to the next level. They all have growth potential, right? They all have diversified revenue streams. That means they’re not dependent on one person, one lead gen, one campaign to generate their revenues. Not in one, what I call lead gen pillar, doesn’t create more than 12 to 15%…”
Follow Restoration Brokers of America:
📌 https://sellmyrestorationbusiness.com/
📌 https://www.instagram.com/restorationbrokersofamerica/
📌 https://www.linkedin.com/company/sell-my-restoration-business/
📌 https://www.facebook.com/RBASells
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YOUTUBE👉 https://www.youtube.com/channel/UCshIPG8SIF5ctTDcvSbOADw
Spotify👉 open.spotify.com/show/2Dv2dN86o0VMh2hk9nikhO
Apple Podcasts👉 http://podcasts.apple.com/…/restoration…/id1601823477
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Benjamin Ricciardi is the founder of Ironclad Restoration Marketing, A digital marketing agency that specializes in the Restoration and Cleaning industry based in South Florida. Benjamin is the author of The No Bulls**t Guide to Internet Marketing for Restoration Contractors and hosts The Restoration Rundown Podcast, a podcast that is focused on everything related to marketing and owning a Restoration and Cleaning Business. Connect with Benjamin and Ironclad Restoration Marketing on social media for the latest tips and tricks on how to grow your Restoration Business.