In this episode of Ask Annissa, Annissa Coy responds to a question from a restorer who disposed of contents on a non-salvageable list and now is dealing with an unhappy homeowner. She clarifies how they can avoid going through this in the future.
What does the Restoration Industry Association have planned for the new year? We invited CEO Kristy Cohen, President Mark Springer, President-Elect Katie Smith and Restoration Advocate Ed Cross to share the many fresh RIA initiatives in the works.
As a business owner, you have to keep your eyes on the numbers. But as a leader, the most powerful choice you can make is to put joy first. Your customer’s joy. Your team’s joy. And above all, your own joy. Because a fulfilled leader is an effective leader.
We must resist the subconscious urge to hire people in which we see ourselves — the full gamut of self from physical appearance to hard skills — and instead, map talent acquisition strategies to our deficiencies. This begins with an objective evaluation of your teams’ strengths and weaknesses, and from their hiring to resources that fill the empty spaces on your mantle.
In this installment of “7 Lessons Learned from $500 Million in Restoration Transactions,” Gokul talks about identifying what is important and understanding the leverage you have as you sell your business.
Annissa Coy answers a question she’s never been asked before: “Would you ever use clean bric-a-brac heavy clean, high density line item…?” In her response Coy shares her approach to efficient billing.
Gokul Padmanabhan predicts the tidal wave of restoration mergers and acquisitions will continue for the next four to five years as more Baby Boomers look to retire and sell their businesses. However, he sees a big opportunity gap that not enough restoration business owners are seizing on.
Lisa Lavender's passion for “checking your work,” on an individual and company level, comes from the consequences she has observed when this discipline is lacking. Here, she offers ideas for creating a culture of minimal errors.
Annissa Coy discusses pre-communication with adjusters, before the job is complete and the invoice is sent. She also explains why she does not prioritize communication with third parties during review.
Joining a new industry is humbling. Being an outsider in an environment teeming with insiders who’ve been engrained for years and know it like the back of their hand is humbling. But to flip challenge into opportunity, I believe that just as growing up in this industry or spending decades here brings irrefutable value, an outside-in lens does.