In a real-life rags to riches story (almost), Kyle Bridgan went from being laid off to creating a top-rated home remodeling company called Noble Solid Service, which now generates over $400,000 per month! In the video below, Kyle outlines 6 steps to creating a successful remodeling business and gives important tips and advice from his journey from working as a marble mason and being let go in 2016/17 to launching his own company and hitting $400K per month with just four employees. He outlines his approach to marketing, managing projects, the sales process and other valuable pointers that are aimed at helping others become successful in their remodeling business ventures.
6 Steps To Creating a Successful Remodeling Business
Based on Kyle’s experience and advice, here are 6 vital steps to creating a real estate business as successful as his:
Step 1: Build A Strong Foundation 🏠
A strong foundation is the key to creating a business that can weather any storm, even if you start small. Businesses that are centered around real estate often have to adapt to the changes in interest rates and the economy, so a strong foundation will help your business stand the test of time.
Kyle began by selling remnant countertops and gradually expanded his services. Even if you start with a niche, you can scale over time by focusing on a few key areas first. The key lesson from Kyle here is to start small with a specific remodeling service, master it and then expand your services as you experience an increase in demand.
Step 2: Lean Into Subcontractors ⚒️
The temptation with new businesses is to hire a large team of in-house employees to do the jobs required, but Kyle advises against this. He believes that outsourcing to subcontractors, instead of hiring in-house employees, is a great way to keep costs down and get specialized tasks done well.
Kyle advises building a reliable network of subcontractors to take care of the tasks within each project, while you focus on managing the projects. Not having to perform any of the tasks yourself will free you up to make sure that each project is effectively managed according to the timeline and budget.
Step 3: Foster Valuable Relationships 🤝
One of the key aspects of building a successful remodeling business is fostering valuable relationships and networking with industry professionals. Kyle created strong relationships with real estate industry professionals such as realtors, who could refer clients to him, and essentially generate leads for his remodeling business.
Creating a referral pipeline through relationships with others in the industry, whether that be interior designers, investors who flip houses or realtors, connecting with potential partners in this way is a valuable method of finding clients.
Step 4: Refine Sales And Marketing Process 📢
Kyle emphasizes the importance of creating a strong sales and marketing plan early on. He advises focusing on these areas before diving into project management details. So, consider enhancing your sales and marketing skills, so that you can develop a repeatable and efficient sales process that builds trust with your clients and helps turn leads into clients.
Step 5: Set Yourself Apart 💡
Kyle sets himself apart from the competition by using fixed-price contracts. His clients appreciate this as they like to know the exact costs upfront. It’s a good way to find ways to stand out from the crowd and make your business unique.
The best way to do this is to focus on something that will increase transparency with your clients and build trust. People are more likely to repeatedly use a business that they can trust, so this is a key element to the success of your business over the long term.
Step 6: Embrace Technology 👩💻
Technology is improving at breakneck pace, and there are often new programs and tools being released. Embracing technology is a vital component of creating a successful business that can keep up with the fast-paced environment which we live in.
Kyle uses CRM systems and project management software to manage multiple jobs effectively, and communicate with customers easily. The takeaway from Kyle here is that it’s a good idea to keep up with the latest technology to speed up business processes and enhance communication. Combine this with a strong online presence, including SEO and social media, to attract and retain clients.
To calculate the After-Repair Value of a property once a remodeling project is complete, here’s a FREE calculator:
Kyle’s Vision and Philosophy
Establishing a solid vision for your business is part of creating a solid foundation. Kyle’s vision was to redefine the remodeling experience, creating a company that leads with integrity, transparency, and innovation in the Pacific Northwest’s competitive construction industry.
His goal was to eliminate the variables that occur in renovation and construction projects, where contractors provide initial estimates that end up increasing dramatically. Kyle experienced the effects of this firsthand, and his family suffered from this, so his mission was to create a more ethical business model and be transparent with clients about the costs upfront.
By integrating advanced project management tools and maintaining an active online presence, Kyle aims to bring a fresh, innovative approach to remodeling. He also believes in educating his clients, so that they can make informed decisions. To do this he provides detailed walk-throughs to explain the entire process to his clients.
About Kyle Bridgan and Noble Solid Services
Noble Solid Service is a full-service general contractor proudly serving Pierce County and the greater Pacific Northwest. Founded by Kyle Bridgan, a licensed carpenter and journeyman marble mason, the company brings decades of expertise to every project.
Kyle’s passion for home remodeling began at age 13 and led him to launch his own remodeling business in 2017. Since then, Noble Solid Service has grown into a trusted team with over 20 years of combined experience in residential remodeling.
With over 350 homes remodeled, the company is known for its dedication to transparency and customer satisfaction, earning a 4.9-star rating on Google and being recognized as Tacoma’s #1 remodeler.