Ben Carty founded Boom Build, a residential construction company based in Sydney. They specialize in home renovations, ranging from around half a million to a million dollars in size.

THE MISSING POINT

Ben had his own challenges before joining the program, particularly with regards to running the business blindly from a financial point of view.

“I had a lot of ambiguity, as well as knowledge and insight into all things financial; I knew how to issue a quote and an invoice. But I had no idea how to forecast cash flow. As simple as that sounds, I had no idea how to predict a job pipeline. I couldn’t accomplish it because I didn’t have a structure in place. So, from a financial point of view, I was basically running the business blindly.”

THIS HAS LED BEN TO BEGIN LOOKING FOR A BETTER WAY.

“It all started with a conversation with my accountant, who basically suggested that I do certain things in order to better prepare myself, be more organized, and plan for future financial situations. I simply didn’t understand what they were talking about. They sort of said that I need to look for someone who can get into the business, look around, and help put up processes to guide me or recommend things. That’s how we discovered Aureus.”

True enough, he enrolled in the Wealth Accelerator Program and quickly realized the gaps in his knowledge of how to run his business effectively in terms of finances.

THE 3 BIGGEST BENEFITS BEN GOT FROM THE WEALTH ACCELERATOR PROGRAM
  1. Clarity on His Goals
  2. Ways to Achieve Those Goals
  3. Updating Current Structures
THE GREATEST VALUE

With all of this newfound focus, Ben has been able to spend more time on other important tasks and projects within the business.

“It’s given me a lot of time to focus on other areas of the business that were being neglected, which has proven to be increasingly valuable to the business”

SO, WHAT DID THE PROGRAM DO TO BOOM BUILD?

He now operates his business with more confidence than ever before thanks to the lessons he gained during the program. Knowing how to focus on the things that mattered most helped him run the company more efficiently.

“I’ve figured out how to draw a line and figure out what the company needs to accomplish, what it needs to look like, and if it’s going to be profitable. Simply put, being able to hire more personnel and purchase new tools or equipment that we require. It’s just given me a lot more clarity, understanding, and confidence when it comes to tendering for new projects, and it’s shown me that tweaking the margin in some areas may result in a substantial profit down the road. It’s just been a time of learning for me, which is exactly what I needed.”

WHAT CAN BEN SAY TO OTHER BUSINESS OWNERS WHO ARE OUT THERE CONSIDERING THE WEALTH ACCELERATOR PROGRAM?

“I’ve waited nine years for this. And I wonder as to what difference it would make if I jumped sooner. It’s been great for me to see results as quickly as I did in just a month. I believe that someone must make an investment. You’re in business to make money and if you’re not well educated in that area like I was, you need to surround yourself with people who are, which is exactly what I’ve done. If you’re in the same boat as me, I believe you should take advantage of the opportunity to seek assistance and guidance from others.”

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