Cyprexx Services – make it pretty again
… Well, yes. Somebody must beautify the foreclosed residential properties before they go back into the marketplace. That’s everything from cleaning, repairs, flooring, lawn & pool services, etc. etc. etc. That’s what Cyprexx – a family owned business from Florida – decided to do back in 1999. And they did it pretty well.
From $150,000 in investments back in 1999, to almost $63 million in sales in 2008. From 6 employees to 260. Quite astonishing.
Their key to success? “The same, classic reasons for most business success: do your job well, work hard, be honest, keep trying, accept reasonable risks, and be ready when opportunity knocks.”
Well, it may be the same classic reason, but Cyprexx did all these things really well. And that is not easy.
Let’s pick one of their ingredients for success: let’s talk about reasonable risk taking. How many companies really accept taking any risks today? Risk taking sounds bold, exciting, “I-want-it-too” type of thing. But how many really go for it? The bigger a company grows, the lower its appetite for risk taking. You get the picture. It’s a fact.
Is your company stuck in the paper world, or is it moving like a cheetah?
January 23, 2009 at 8:51 AM
Thats true that no company now a days want to take risk. But it is very necessary to take risk if we will not take risk we can’t start any work. Taking risk and completing it confidently is necessary now in this competitive world.