Saturday, February 17, 2024

How Steve Barbarich Built His Name as a Stand-Out Businessman

 Have you ever considered starting a business thinking that you can get away from your nine-to-five job? Perhaps, generate employment and provide for different families? Or maybe, just do your own thing and be free. That was the plan for Steve Barbarich when he decided to stop working for a company as an engineer.

A graduate of Harvey Mudd College, he felt stuck working for different companies designing products sold online. He realized that if he learned how patents work, he could build his products and sell it under his company. Unfortunately, it wasn't exactly easy. There were challenges along the way including bad reviews about his company and even about himself. He was accused of running a scam, and he had to spend more just to redeem himself.

Today, Steve Barbarich San Diego Airbnb management and his vacation rental platform are some of the things that he is known for. He managed to recover from the bad reviews by taking important steps. This includes clearing his name, providing refunds processing returns, and also being consistent. 

Businesses could learn a thing or two from Barbarich and his experiences. Here are some things that startups could pick up from his journey. 

It Takes Time to Develop a Good Product 

The first thing that you have to realize is that it takes a lot to develop a product. Aside from funding and efforts, you also have to realize that it takes a lot of time to have a good product that is most likely going to get support from your market. The biggest mistake that Barbarich made was to take matters into his own hands, thinking that he had a short deadline. While it is true that there are competitors that are also making their products, you should never compromise on quality. 

Mistakes May Happen 

Next, business owners should realize that mistakes can happen every now and then. While mistakes happen regularly, it is important to learn from them and avoid making the same mistakes again. In addition to this, you also have to have a plan if you are facing a crisis. A crisis can be alarming and could destroy your reputation. 

Steve Barbarich had difficulty recovering because he initially didn't have the manpower to reply to all emails. Overwhelmed by the complaints and the number of emails that he needed to answer, he started to hire additional people for the job. Here, they responded to every angry email and explained how the company is doing its best to resolve the problem. 

Consistency is Key 

Now, Steve Barbarich is known in different niches. He now has an Airbnb management company plus his own vacation rental platform. If you’re wondering how he did it, it was because of his consistency in terms of creating the best product and service to his customers. He realized that having your own business is more than just an 8-hour job. Here, you will have to deal with different individuals from employees to customers. 

Planning to start a business? Maybe, you are looking to follow Steve Barbarich’s footsteps. Remember that it can be a stressful spot that requires a lot of work.