Small Business Spotlight–Total Tech, LLC
San Diego Business Journal
(January 15, 2007)
As founder, president and chief executive officer, Kenneth
Hamilton runs Total Tech LLC, a 2-year-old Kearny Mesa company
with revenues of $1.25 million last year.
And he has tough love to thank for it.
Hamilton, 44, spent more than 17 years working for “the
man” in corporate America before mustering up the courage
to start his own network security company.
Like countless small-business owners before him, Hamilton
struggled with giving up a steady paycheck. That is until
one day when an entrepreneurial friend put everything into
perspective with one gut-wrenching comment — “You’ve
been institutionalized.”
“I was very upset by that at first,” Hamilton
said. “In fact, I said I got to go and walked away.”
After some thought, Hamilton said he began to realize his
friend was right. He had become programmed to expect a paycheck
every two weeks and to follow the rules his company set forth
with little to no personal risk to himself. He’d followed
the crowd and put his livelihood into someone else’s
hands for far too long.
After the epiphany, Hamilton picked up the phone and called
his friend.
“I apologized first and thanked him second,” he
said.
Armed with newfound courage, Hamilton launched his company
in 2004, working with other businesses to secure their computer
network systems.
While successful now, Hamilton admits to having more questions
than answers in the beginning.
“I was really driven by fear in starting the business
initially because I only had so much startup money and I knew
once that was gone, that was it,” Hamilton said.
VITALS
Name: Kenneth J. Hamilton.
Titles: President, chief executive officer.
Company: Total Tech LLC.
Company address: 3914 Murphy Canyon Road,
A-126, San Diego.
Company phone: (858) 433-9735.
Year founded: 2004.
Prior business experience: Entrepreneurial
executive with more than 17 years’ experience managing
technical, professional service sales for startup and established
technology companies.
Average hours worked weekly: 60.
Source of startup capital: Personal savings.
2006 revenue: $1.25 million.
2005 revenue: $140,000.
Number of employees: Three (plus several
outside contractors).
Web site: www.1totaltech.com.
BACKGROUND
Birthplace: Springfield, Ohio.
Education: Bachelor’s degree in business
management.
Age: 44.
Current residence: Scripps Ranch.
Family: Wife, Jennifer, & son, Troy,
16.
Hobbies: American history, blues guitar (when
I have time) and running.
JUDGMENT CALLS
Reasons for getting into business: Had a
desire to leverage my industry knowledge and my ability to
build relationships so I can set company direction.
How I plan to grow the business: Continue
to build relationships. Hiring the right people. Applying
our technology and experience to under-served markets. Continuing
to differentiate Total Tech in a competitive market by offering
a high level of service.
Biggest plus of business ownership: Having
the opportunity to create the organization, from casting a
vision to hiring the right people.
Biggest drawback: Not being able to spend
as much time with my wife and family.
Biggest business strength: Relationship building
and risk taking.
Biggest business weakness: Impatience.
Biggest risk: Not owning the intellectual
property that our company depends on (but we are solving that).
Smartest business decisions: Not giving up
ownership of the business. Hiring the right people.
Biggest business mistake: Selling a product
or service that didn’t fit within the core business.
Toughest career decision: Going from the
corporate world to starting my own business.
Biggest ongoing challenge: Building awareness
in a competitive market space. Developing our own intellectual
property and making it a more significant contributor to the
business.
The most important part of my business: Satisfied
customers who refer us to other customers.
My business works best when: We align our mission and goals
of the company with the customers’ needs.
Best way to stay competitive: Staying strategic
and tactical at the same time. Utilizing the right tools and
efficiencies to maximize profitability. Building a strong
infrastructure. Always asking what’s next. Having the
tools in place to be operationally sound.
How I measure success: Quantitatively —
meeting revenue and profitability goals. Qualitatively —
measuring and reporting on customer satisfaction.
GOALS
Goals yet to be achieved: One hundred percent
revenue growth for the next two years, continually identifying
new markets.
My five-year business plan: Establish managed
security for small- to medium-sized businesses. Branding Total
Tech as the security-solutions expert.
I would sell my business only if: If I were able to accomplish
the key goals that I have set for the company and selling
it would offer me the opportunity to take on bigger challenges.
And execute on other entrepreneurial ideas.
Guiding principles I will continue to follow:
Hiring the best and most talented people. Our success is predicated
on providing network technology solutions for our customers.
We need to meet or beat their expectations and be open to
new ideas, new ways of doing things and other challenges.
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