Brickonomics: 101 - Why Most Builders Stay Small (and How Some Build Businesses That Last)
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Why Most Builders Stay Small (and How Some Build Businesses That Last) In the inaugural episode of Brickonomics. We explore the challenges faced by local general contractors and uncover why many remain small-scale operators while others build sustainable businesses. Drawing from personal experiences and lessons learned from various stages of growth, we discuss how the real bottleneck isn't effort but a lack of structured systems. From observing his father's struggles in residential construction to working with a successful property management company, the host illustrates the importance of intentional business design. Highlighting the significant role of sales, marketing, HR, finance, admin, and operations, this episode lays the groundwork for future discussions on how to build enduring businesses that go beyond mere survival.
00:00 Introduction: The Plight of Local Contractors
01:43 A Personal Journey: From Firefighting to Construction
03:29 Learning from Business Success in Chicago
05:08 Revamping the Family Business
07:54 Founding a New Company with Better Systems
11:03 Navigating Growth and Challenges
12:04 The Impact of COVID-19
14:01 Redesigning the Business for Sustainability
14:39 Key Business Functions: Sales, Marketing, HR, Finance, Admin, Operations
17:24 Conclusion: Building Businesses That Last
