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%…”

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