Joseph Rizzuto Business Advice
Joseph Rizzuto Properties manages several businesses in different industries and with several different properties around the country. Rizzuto has managed properties and participated in several home improvements of dilapidated properties that have had a positive impact in low-income communities. I have several partnerships and investments in other industries as well.
1. Where did the idea for company come from?
It came out of what I was already doing, and had a great deal of success in this field.
2. What types of individuals are successful here?
They are positive and honest, hardworking people and they obsess over attention to detail.
3. What’s your company culture like?
It’s fun, but it’s intense. Everyone has 100 things going on at once and there’s a lot of autonomy.
4. What is the single largest problem facing the organization today?
Growth, scale, market share. Every real estate investor wants to see his name in lights in New York City.
5. What has been the top accomplishments of the organization over the past year?
We continue to stay cash flow positive. We continue to impact Tri-state communities for the better with the work on dilapidated homes and those kinds of improvement projects.
6. What can you tell me about your organization’s plans for new services, products, or plans for growth?
Diversifying our portfolio while continuing to do all of the things we’re good at. Those are the keys to our success.
7. What are the most important personal satisfactions working with the organization?
Getting to a point where we know what we’re doing in our industry and we can help and support others is great. We are able to do what we do very well, so there’s the problem-solving component that feels very rewarding. I feel like there isn’t really a puzzle we can’t solve.
8. How does your company differ from your competitors?
I think I’m very responsive and connected. I work with great people to help me achieve the best results.
9. What types of volunteer work and community service does the organization encourage?
We have a scholarship available for high-achieving students that helps them with college tuition costs.
10. How is this industry affected by the economy?
It’s up and down. It’s the marketplace. You try to have enough good investments that when any industry fails or is impacted by market forces, you’re not closing down everything.
11. What is the ideal experience for a customer/client?
They come back, and they recommend us to others.
12. Can you share some career advice to others?
There’s probably something you’re really good at that people are willing to pay you for. Do that on the side until you can do it full-time.
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