Building a Multi-Million Dollar Flooring Business: Ted Christoff's Secrets to Growth
Season 2, Episode 6, Jul 12, 2023, 02:17 PM
Ted Christoff, co-owner of Christoff and Sons Floor Covering, Inc, shares his inspiring journey from a family-owned restaurant to building a thriving flooring business. Through hard work, innovation, and a focus on customer service, the business experienced exponential growth. Ted emphasizes the importance of education, dedication, and grit in the entrepreneurial path. He also discusses the significance of organization, continuous learning, and investing in employees for creating a welcoming environment. Ted further highlights the impact of mentorship on personal and professional growth, and how seeking guidance can lead to entrepreneurial success.
Key Points
Key Points
- The journey of the business involved overcoming obstacles, adapting to challenges, and embracing growth opportunities.
- Always be curious and never stop learning about your industry.
- Take calculated risks to expand your business.
- Create structure and responsibility within your organization.
- Seek out mentors, both within your family and in the community, to gain valuable insights and guidance.
Best Quotes
On Legacy: "I think our family and what we leave behind with our legacy is something very important."
On Getting Paid: "Here's how you get paid at the end of the week, you open up the drawer and if there was money in it, you get to split it."
On Selling: "Selling is really solving problems for people. And that I like doing."
On Networking: "You'd be surprised how open people are in the community to meeting with you if you show an interest and ask really good questions."
Entrepreneurial Leap Resources
On Legacy: "I think our family and what we leave behind with our legacy is something very important."
On Getting Paid: "Here's how you get paid at the end of the week, you open up the drawer and if there was money in it, you get to split it."
On Selling: "Selling is really solving problems for people. And that I like doing."
On Networking: "You'd be surprised how open people are in the community to meeting with you if you show an interest and ask really good questions."
Entrepreneurial Leap Resources
Connect with Ted Christoff