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Nicole Timpanaro: All in the Family (S1:E15)
Manage episode 441929927 series 3552967
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About Nicole Timpanaro
Nicole Timpanaro is the CEO of Fortune Title, having taken over her family’s business from her father and quickly making her mark by doubling the company's revenue within her first year of leadership. Nicole's journey has been one of growth, resilience, and innovation as she honors her father’s legacy while carving her path in the industry. Beyond the office, Nicole is passionate about exploring the culinary world, with the goal of visiting all 50 U.S. states. Her ultimate dream? To purchase her own home in Italy. She is actively involved in numerous associations. Nicole's leadership extends beyond her business, as she remains a prominent figure in her community and industry.
Reference Links:
- Green Ridge Wealth Planning
- BobbyMascia.com
- Instagram - Bobby Mascia
- Instagram - Business Unchained
Nicole Timpanaro’s Social Media
Fortune Title Agency
Episode Highlights:
What if you could double your company’s revenue in just one year? What if taking over your family business wasn’t just about maintaining its legacy and propelling it to new heights?
In this episode of Business Unchained, Nicole Timpanaro, CEO of Fortune Title Agency, joins us to share her remarkable journey of transforming her family business. As a third-generation title professional, Nicole initially resisted joining the family legacy. Still, she found her calling after the birth of her daughter, leading her to take a more active role in the business.
[03:13] "I grew up in the title industry and wanted nothing to do with it, but life had other plans. Taking over the family business was a way to honor my past while forging my own path."-Nicole Timpanaro
Nicole discusses how she doubled revenue and expanded the company's national presence. She delves into the challenges of stepping into a leadership role, the value of networking with the American Land Title Association, and the importance of fostering a strong company culture. Nicole also reflects on the tough lessons learned, including how a betrayal by a trusted employee reshaped her leadership approach.
[08:44] "I negotiated with two of our search vendors that did the whole state, because at the time, we had 21 vendors, one for each county. So administratively, like, that's just a lot too. And I said, Okay, this is the pricing that I would like. And if you guys give me this pricing, I'll give you all of our work and just split it right down the middle, and that saved us $250,000 in one year."-Nicole Timpanaro
Her story underscores the power of relationships, company culture, and adaptability in business. Tune in for valuable insights on achieving growth and navigating the complexities of entrepreneurship.
In this episode:
(01:00) Introducing Nicole Timpanaro
(06:05) Establishing business processes
(11:05) Challenges in family business dynamics
(15:17) Diversifying revenue streams
(25:57) Character vs. behavior
(35:10) Future of Fortune Title
(36:37) Conclusion and contact information
18 episode
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