The Company Next Door
In this show I have the opportunity to sit down with hundreds of small business owners and help tell their story. We spend less time talking about profits and revenue and more time about how the business came to be, what got them started, why do they do what they do, and what keeps them going. This show is focused on small businesses in Utah but I may one day branch out to other states.
The Company Next Door
Steve Castellano: ANS Construction (South Jersey/Philly)
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Ete AhPing
Today Ete sits down with Steve Castellano of ANS Construction.
About Steve
- Owner of ANS for 34 years
- Born and raised in South Philly
- Married to Cheryl for 24 years
- Father of 2
- Serial Entrepreneur
- Member of the LDS church
What helped him get to where he is today
- Accepting jobs he didn’t even know how to do...yet. (6:34)
- Partnering with people who could do the job. (7:23)
- Passion for building business. The drive to “conquer the world.” (10:07)
- Focusing on small jobs. (10:20)
- Loving the chance to work on new problems every day. (12:40)
- Building trust in customers. “Most of my customers ask for the price after I'm done the job.” (15:20)
- Believing in himself: “I always knew that I was willing to go out and work for it...I wasn't worried about it.” (17:27)
- Knowing the legacy he wants to leave behind: “He did what he said he was gonna do and most of the time he gave you more than he promised you.” (44:16)
- Thriving on stress: “I love the stress. If you ask my wife, she'll tell you, I'm not happy if I don't have it. I thrive off it, it keeps you sharp.” (46:39)
- Faith: “Have God in your life. Yeah. Rely on God. Rely on Christ.” (53:13)
Memorable learning experiences (mistakes) and hard things along the way
- Learning to bid jobs: “You lost a lot. You learned a lot.” (12:05)
- Dealing with a franchise owner who “would rather see a store close, or the store suffer than to be wrong.”(35:38)
- The client who almost made him walk away: “I told her husband, I cannot deal with your wife anymore. She's, she's brutal.” (45:01)
- Burnout (and the fix). (50:10)
- Learning to reign in his ego: “Yeah, in my younger days, if I got an argument with a customer, they owed me money, you know, I thought it was cool to tell them, you know, keep the money, I don't need it. I got plenty.” (51:49)
Major Insights
- “The bigger the job, the bigger the risk, the smaller jobs, the smaller the risk.” (10:07)
- Forget references. The question is, “How long have you had your phone number?” (14:29)
- “...In today’s world...if you cheat somebody, they’re gonna know it.” (15:20)
- Find a “small” but meaningful way to signal to customers you care about the job you’re doing. (16:20)
- Diversify. (18:44)
- Lose the ego: “Whoever knows the most in the room is the smartest guy in the room, and they should take the lead.” (23:10)
- Sometimes you need to fire customers. Maybe a lot of customers. (24:22)
- Develop a gut : ) “I use my gut a lot...I read people.” (26:30)
- Concentrate on making happy customers even happier. (27:02)
- Be the guy in “I got a guy.” (27:35)
- Stop wasting time. Prepare. (28:10)
- Success = “wanting to go to work instead of having to go to work.” (51:08)
- Franchises: make sure you do this. (39:51)
Miscellaneous Good Stuff
- Growing up with 50 houses on his block, knowing all his neighbors, playing on asphalt fields (:54)
- Steve admits to lying. At least twice. (6:54)
- Maybe the best business ever: “I got to sit at the bar and drink a couple of beers for free. And I got to make money while I was hanging out with my friends. Yeah, I got to watch the sports I got to play pool in the back. And I was making money.” (19:54)
- This list of jobs and businesses: dealer in Atlantic City casino, selling sneakers, working in Philly City Hall, working for a contractor, doing kitchens and bathrooms for Sears, his own construction company, opened a kitchen at a bar, ran a lawn company, real estate investment, partner in a soft pretzel store franchise.