Small Business Success Stories: Millions in 7 Years
Many of us are striving for that “million dollar idea”, that “million dollar baby” that will set us free. The media, however, makes success look literally like a one in a million, a “luck of the draw” sort of thing that happens basically overnight. This couldn’t be farther from the truth!
People who “strike it rich” work hard every day. Harder probably than you or me. Then again, anyone can work hard and not go anywhere. These people are focused on a very specific goal. They don’t watch TV all night long. They don’t spend money foolishly on lavish consumption. In fact most self-made millionaires you wouldn’t be able to pick out of a crowd of your average Joe’s. They invest, and invest, and invest until their flywheel gains momentum.
Successful Small Business:
Central Southern Construction
This small business, under the watchful eye of president Kelly Munoz, started with two people, and a short seven years later is a multi-million dollar company with 72 employees. Participating in the SBA’s 8(a) Business Development Program, she has landed a variety of government contracts for work which was her goal.
Kelly was born in Columbia and received a degree in Civil Engineering. After beginning her career she moved to Florida to do some general contract work with another civil contractor, as an estimator and project manager. With her experience on large projects such as the Panama Canal Expansion, it’s no wonder she was able to land a hefty federal contract in 2012 worth $1.5 million.
Since then she and the company have continued to focus on one specific niche at a time and building a reputation – in this case ranging from water/sewer related structure construction to highway, street, and bridge construction.
- Decide on your goal – make it as specific as humanly possible
- Break it down to small achievable steps
- Give it a reasonable timeline
- DO NOT GIVE UP
Don’t just be penny-wise throughout your life, driving around town looking to save a few cents on gas or a dollar here and there on a gallon of milk. Be dollar-wise, and time-wise! Invest in yourself. Invest in your business, and don’t be tempted to use your own personal savings.
Use a small business loan and take advantage of the leverage you have available to you right now to grow your company into something amazing your great-great grandkids will talk about one day!
