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The First $25M are the Hardest

The First $25M are the Hardest

  • John Wisenbaker
  • Wisenbaker Builder Services

I went to work for my father’s company, Wisenbaker Carpet, in 1991, 21 years after he and his brother had founded it. I had my fresh new college degree in Industrial Distribution, and I was ready to make an impact. In my first stint with Wisenbaker, after learning the business, I piloted new programs and initiatives, and we grew, over seven years, from a $25M company to a $75M company. I felt pretty good about my accomplishments. But it wasn’t until I embarked on my next venture, outside of Wisenbaker, that I learned a humbling lesson: the first $25M are, in fact, the hardest.

My father and his brother founded Wisenbaker Carpet in 1970. As a kid, during the years when they were growing slowly, I worked in the company in the summers doing a lot of different jobs, from working in the warehouse, to driving a forklift, to installing carpet and learning the trade. By the time I came back to work full-time for my father after college, I had a sense of the business, along with newly minted business skills and a pretty good understanding of industrial distribution and installation. I was ready.

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