Beverley Raphael
South Florida CEO, Women in Business, May 2004
One industry with an obvious male bias is construction. But that didn't
stop Beverley Raphael, CEO of RCC Associates, from more than tripling her
building firm's revenues since taking over six years ago.
When Beverley Raphael's husband died suddenly six years ago, the
mother of two found herself at a crossroads. She had inherited RCC Associates
Inc., a Deerfield Beach-based general contracting firm founded by her late
husband Richard. And with family, friends, employees and the firm's
customers closely watching, Raphael – who had run her own fashion
industry business for 15 years, but who had no construction experience – had
to decide whether to sell the business, hire someone else to mange it or
step into her husband's shoes to run it herself. All while grieving.
"My first feeling was that l wanted to understand what it was that l was
really left with," says Raphael. "l also wanted to get a feeling
for what the company wanted, because most of the people had been here for
many years." In the months that followed, Raphael became a student
of the construction business, while operations continued under the managers
Richard had previously put into place. Against the advice of friends and
trusted advisors, and refusing to take the easy way out by accepting an
offer to see RCC, Raphael stepped up and took the helm in 1999.
"
Beverley really didn't have any understanding of the construction
business," says Stuart Sobel, a long-time family friend, and an attorney
with Siegfried, Rivera, Lerner, DeLaTorre & Sobel PA in Coral Gables,
which represents RCC. "There were vultures swooping around, trying
to pick the skin and bones of the business, but something made her resist.
She was the quickest study I've ever seen." And how. Since taking
over, Raphael has not only grown the business, but has diversified it.
She forecasts revenues this year of $55 million, up
from $17 million the year she took over.
To get there, she first had to overcome the doubts of customers and subcontractors,
who were concerned about her lack of experience. "My advisors felt
that the business would collapse within a year because the rainmaker – Richard – was
no longer there," she says. But Raphael's flair for design helped
her propel RCC into a new niche, one in which she is the rainmaker. Instead
of focusing just on high-end
residential interiors, as it had before, the company now earns 50 percent
of its revenues from constructing restaurant interiors; the Cheesecake
Factory, Capital Grille and Tommy Bahama Café are among its long
list of clients. "She has become well known in a market that Richard
barely scratched," Sobel says. "All the restaurants she builds have
her special touch."
Raphael also faced down the challenge of being a female CEO in a male-dominated
industry. She recalls visiting a job site at City Place in West Palm Beach
wearing jeans, boots and a baseball cap soon after she took control of
the company. A subcontractor saw the attractive blonde and, assuming she
was a worker's girlfriend or wife, talked down to her. Once he learned
she was the owner of the general contracting company – and his boss – his
attitude changed. "Even though l was dressed in appropriate work
clothes for the project, he still considered me a woman first, not the
owner of the project," Raphael says. "I think I've gained the respect of
the men we work with since, but it didn't come easily."
RCC now has 64 employees and is licensed in 17 states; Raphael is aggressively
pursuing new opportunities, especially in Las Vegas, where the company
has been operating for three years. "RCC has only gotten better," says
Rich Vaughan, vice president of construction for The Cheesecake Factory
Restaurants Inc. in Calabasas Hills, Calif. He has worked with the firm
for 10 years."
The professionalism is really what stands out now
and l think Beverly has a lot to do with that." ---- Robyn A. Friedman
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