Scaling Through the Labor Shortage: Krystal Amos on Construction, AI, and Business Acquisitions
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In this episode of the Builders Bible podcast, Krystal Amos discusses the challenges faced by small construction businesses, particularly in finding skilled labor. She shares insights into her work with Growth Bridge Partners and their approach to acquiring and scaling businesses like Windowfellas. The discussion also covers the integration of technology and AI in operations, current successes and struggles at Windowfellas, client acquisition strategies, and the hiring process. Krystal emphasizes the importance of passion in entrepreneurship and the rewarding nature of working for oneself.
Takeaways:
- Finding skilled workers is a significant challenge in construction.
- Growth Bridge Partners focuses on acquiring smaller businesses to scale them.
- Implementing technology and AI can streamline operations and improve efficiency.
- Customer service and referrals are key to client acquisition.
- Hiring practices need to adapt to find the right talent.
- The journey of acquiring Windowfellas involved creative financing solutions.
- Saying yes to more jobs has doubled the business's revenue.
- AI can enhance productivity without replacing jobs.
- Passion for work is essential for success in entrepreneurship.
- Working for oneself can be more rewarding than traditional employment.
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