In this conversation, Josh Young discusses the challenges and successes in the commercial construction industry, focusing on business growth, leadership, and the impact of private equity. He explores the importance of pushing team members to exceed their limits, learning from mistakes, and the complexities of navigating the commercial landscape. The discussion covers strategizing for scaling businesses, restructuring profitability for sustainability, and maximizing productivity through effective time management. The conversation also delves into the role of technology and AI in business operations, the future of autonomous vehicles, and the need for education and apprenticeship programs in trades to bridge the talent gap.
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Show Notes:
- 00:00 Transforming Challenges into Opportunities
- 09:57 Navigating Growth and Leadership
- 20:00 The Role of Private Equity in Business Success
- 26:42 Performance Pay System Insights
- 28:09 Customer Experience and Upselling Techniques
- 29:46 Building Trust and Relationships in Business
- 31:07 The Importance of Networking and Support Systems
- 33:51 Choosing the Right Circle for Growth
- 35:30 Exploring New Markets and Business Opportunities
- 37:43 Revenue Goals and Business Planning
- 39:12 The Importance of Profitability in Business
- 40:56 Lead Generation Strategies
- 42:31 Time Management and Productivity
- 45:20 Leveraging AI in Business
- 47:23 The Future of Autonomous Vehicles
- 49:06 Long-Term Business Strategies
- 52:54 Addressing the Skills Gap in Trades