Episodes
Tuesday Mar 08, 2022
Episode 112: Growing a construction company by 400% in 10 years
Tuesday Mar 08, 2022
Tuesday Mar 08, 2022
In this week’s Property Magicians Podcast, we talk to Brinny Mphogo who was born in Thembisa and raised in Blairegowrie. In 2012 he started working with his dad in the construction company he founded - ABV Construction.
They focus on residential, retail and commercial buildings and he has been able to grow the business by 300-400% since taking over from his dad.
When he started in the business, all he knew was that he knew how to sell. He focused on getting clients because he knew that his dad knew how to service them.
A lot of the clients gave him a lot of opportunities because they knew his dad. The first project they did was a wall in Randburg and it ended up collapsing on the client’s Alpha Romeo. He learned a lot from that experience and started working with his dad on the site to learn about construction so he could learn how long things take and how to get things done well.
They have since become known in the business for being time conscious contractors.
There is a body that regulates contractors, where contractors are graded based on what they can handle.
He explains that when working with contractors, you need to have a good team in place: hier a quantity surveyor who will monitor the contract. The QS will also work closely with the architect. You should also look for a completion certificate, which tells you the number of jobs a contractor has finished.
Brinny is also a real estate investor - he owns land and property in different provinces in South Africa and they all have different uses.
This is another eye opening episode.
Tune in and let us know your comments.
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