For four generations, the DiBara family has been involved in the contracting business for the influential people of Los Angeles. As of now, Matt DiBara is handling his family business, as the Construction Contractor for the rich and famous in LA, and helping his clients succeed in their goals.
Matt has expanded his contracting business a lot ever since he took the reins. His company, DiBara Masonry, is providing world class construction services to many popular people in the city, like DJ Diplo.
Starting of Cryptocurrency Trade
It was all thanks to DJ Diplo that led Matt DiBara to start dealing in Cryptocurrency. After the construction contract was completed, DJ Diplo approached DiBara to make payments in Cryptocurrency.
That was the starting moment when DiBara saw this as an opportunity to serve his clients even better. Most of influential people are now preferring crypto payments for many of their jobs. And Matt saw this as a perfect way to approach those clients and expand the business.
This is how he revamped his business and dived in the crypto trade industry as well.
Hesitations and Progress
But getting involved in cryptocurrency trade was not a one day task. Cryptocurrency is an infamous form of payment. Its volatility is also something which makes people think twice.
Yet, the fact that crypto payments are secure and keep the client information private, motivated Matt DiBara to give this a try.
DiBara shared, “I was initially deeply skeptical of cryptocurrencies, but I think that by so many other people having such confidence in crypto and blockchain, which kind of sits as the key backend piece to cryptocurrency, it restores a lot of consumer confidence.”
The benefits of blockchain surpassed all the hesitations Matt was facing earlier. The security and privacy of blockchain technology has been a big motivator for its popularity. And the fact that it is almost impossible to hack payments or client information through this medium gave Matt DiBara the much needed push.
Plus, this also made Matt DiBara’s USP in Business. No other contractors are offering crypto trade options. So this was a Unique Selling Point which Matt used to promote his business among the influential class. And not just them, many of his other clients also started seeing this as a new way to deal securely.
Despite all this, Matt believes that there is still a long way to go in order to fully incorporate cryptocurrency in the construction contract business. Even though crypto has numerous benefits, its complicated approach makes it sometimes harder for clients to understand. And that might work as a slight setback in his business if people are finding it difficult to embrace the new payment medium.
This hesitation can work both ways. While clients might find it difficult to hire contractors if they can’t understand the payment exchange system, contractors might also find it difficult to adapt to crypto trading due to their lack of understanding.
DiBara Masonry is still taking a step forward to success by embracing the crypto exchange payment system. And to give confidence to his clients, Matt Dibara even has started his side project – The Undercover Contractor. This is a podcast that aims to keep people informed about the corruption in contracting business and how they can get past it.
Matt DiBara’s book, “The Undercover Contractor: How To Avoid Getting F*cked By Your Contractor” is also helping people see the Construction Business in a new light.