Doylestown, PA
Established in 1982, TRC Electronics, Inc. is a privately owned company located just outside of Philadelphia in Doylestown, Pennsylvania. The company specializes exclusively in power supply products and operates as a leading franchised distributor. TRC Electronics aims to have a positive impact on their clients and their team members personally, professionally, and financially. Their goal is to assist their clients in winning in the marketplace.
No steady growth pattern, fluctuating between breakpoints.
No steady growth pattern, fluctuating between breakpoints.
Plateaued at $30 million—no idea on how to take his business to the next level.
Didn’t know what he was missing or where to even look.
Unstable financials, disorganized bookkeeping.
No financial modeling or plan in place to support the growth of the business.
No marketing strategy, poor quality leads, and losing more and more money every day.
Lack of good leadership, unable to develop and duplicate top performers.
No reliable and credible consultant with the right experience.
Increased revenue by 33.3% within first year of working with the CV.
Went from $30 million to $40 million in revenue in 2021.
Increased their revenue by another 25% in 2022, closing out the year at $50 million.
Under Brandon’s mentorship, Stephen increased his own belief lid of what’s possible, striving to accomplish goals he never once thought possible.
Refined leadership skills and now understands how to develop a team of leaders within his organization.
Refined leadership skills and now understands how to develop a team of leaders within his organization.
Uncovered a data-driven and proven way to hire, align, develop, positively shaping the organization’s culture.
Went on to partner with Grant Cardone, Brandon Dawson, and Cardone Ventures.
Revenue |
Profit |
| 2019 |
|---|
| $35.7 M |
| $3.2 M |
| 2020 |
|---|
| $32.8 M |
| $807 K |
| 2021 |
|---|
| $40.2 M |
| $4.8 M |
| Projected 2023 |
|---|
| $55.4M |
| $8.4M |
| % Growth 2019 -2022 |
|---|
| 35% ↗ |
| 44% ↗ |
Cultural alignment with employees
Increased operational effectiveness for sales team and onboarding processes
Implemented PPF process to inspire employees and drive the business forward
Invested $3.75M in Cardone Capital
At Cardone Ventures, we believe that success is the result of hard work, education and persistence. Examples given should not be considered typical and there is never a guarantee of results. Information provided is educational in nature and is not legal or financial advice. By using this website or any related materials you agree to take full responsibility for your own results, or lack thereof. Our team is here to support you, but you should always do your own due diligence before making any investment or taking any risk. Success is your duty, obligation and responsibility.
(503) 536-0997
18851 NE 29th Ave Suite 1000, Aventura, FL 33180
16435 N Scottsdale Rd ste 440, Scottsdale, AZ 85254
4800 N Scottsdale Rd Ste 5500, Scottsdale, AZ 85251
(503) 536-0997
18851 NE 29th Ave Suite 1000, Aventura, FL 33180
4800 N Scottsdale Rd Ste 5500, Scottsdale, AZ 85251
16435 N. Scottsdale Rd Ste 420, Scottsdale, AZ 85254