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How to Build on the Past and Innovate Your Business [Podcast]

August 13, 2021

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Matt Minor
Written By
Matt Minor
Topic
BuiltBy

One of the biggest risks for long-standing home improvement businesses is the inability (or unwillingness) to innovate.

Without innovation, businesses become stagnant โ€“especially today. Just compare the turnover rate for companies in the S&P 500 from 1950-1990 and from 2000 - 2021.

On today's #BuiltBy, I got a chance to chat with Jeremy Owens, Owner @ 3 Generations Improvements and CEO/Founder of US Construction Zone.


Watch ๐Ÿ‘†๐Ÿป or listen ๐Ÿ‘‡๐Ÿป:

 

In this episode, Jeremy and I discuss:

๐Ÿ•ฐ Jeremy's experience of taking over a business that his grandfather and father started

๐Ÿ“ˆ The aspects from the earlier stages of the business that helped 3 Generations continue thriving.

โšก๏ธ How Jeremy innovated the company's marketing focus

๐Ÿ’จ Jeremy's ideas around hiring a team to stay lean and agile

๐Ÿค His thoughts on in-person referrals vs. online reviews.

๐Ÿ†The number one tip he'd give to anyone in the industry right now.

 

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