How to Turn a Family Business into a $50 Million Empire | Creators one on one with Steve Lagomarsino

In this episode of the Creator's One-on-One Show, hosted by Victor Pena of Omni Print International, we sit down with Steve Lagomarsino, President of TRC Electronics. Steve shares his incredible journey of transforming a small family business into a $50 million enterprise, offering invaluable insights into leadership, entrepreneurship, and business growth.

Topics covered in this video include:
Steve's experience in acquiring and exiting his grandfather and father from the business
The importance of clear and transparent communication in family-run businesses
Investing in oneself for personal and professional development
Adapting to technological advancements like AI and automation
Strategies for maintaining profitability and driving revenue
Practical advice for business owners feeling overwhelmed

Whether you're a seasoned entrepreneur or just starting out, Steve's insights on leadership and innovation will inspire you to take your business to the next level. Don't miss the most impactful lessons shared towards the end of the video!

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*Follow Steve Lagomarsino:*
[Instagram](  / stevelagsunfiltered  )
[Podcast: Steve Lags Unfiltered](https://www.stevelagsunfiltered.com)

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[Instagram](  / omniprintintl  )
[Facebook](  / omniprintinternational  )
[Website](https://www.omniprintonline.com)

Contents of video
0:00 Introduction and Opening Remarks
0:20 Guest Introduction: Steve Lagam Marino
1:15 Steve's Background and Business Journey
3:45 Building and Leading a Family Business
7:30 Importance of Transparent Communication in Family Business
10:00 Lessons Learned from Steve’s Father
12:30 Key Components for Running a Profitable Business
16:45 Innovation and Adaptation in Business
21:00 Developing Effective Leadership Skills
23:45 Aligning Business Goals with Personal Goals
27:00 Navigating Emotional Challenges in Leadership
31:00 Transitioning from Employee to Business Owner
36:00 Tactical Steps to Delegate and Scale
39:45 Importance of Marketing and Funnels
44:15 Utilizing Technology and AI in Business
48:00 Providing Added Value to Clients
50:30 Closing Remarks and Final Insights

#Leadership #Entrepreneurship #BusinessGrowth #Innovation #FamilyBusiness #SteveLagomarsino #VictorPena #CreatorsShow #OmniPrintInternational