Reader’s Digest:
Ginny Jones started Kinetic Electric Group by tapping the family bank.
To start her electrical contracting business, Ginny took $75,000 out of her family’s savings and used her credit cards.
Over the following months her staff grew from three employees to 45. In their first year, they did $1.875,000 in gross revenue.
She told me, “It’s been very fast growth, but at the same time it’s been hard. My husband just looks at me and says, ‘If it’s going happen, it’s going to happen. Don’t worry about it.’ He keeps me in check. But I still worried!”
Ginny is very straightforward about her advice for starting a business, “It’s recognizing that a lot of others have done started businesses and you can do it too. Yes, you’re going to face adversity and that kind of thing, but just get over your fear.”
“I believe in transformational leadership and really empowering the people who work for me to take on more leadership roles. And that’s really how my company’s evolved and gotten better. We just have a lot of really good people and we’re doing so great things.”
“The other thing is women are always scared to mention they want to make money. I read this all the time–’Oh I want to have a business, have a purpose.’ That’s great. But the whole reason you have business is to make money. Period!”
Ginny currently has has 51 employees, six of which have been added in the last six months. Her business is going strong.
Photo by KINETIC ELECTRIC GROUP, LLC.