In this episode, Steve Larosiliere interviews Jamie Stebenne, owner of JPS Construction and Design, as he shares the journey of starting and growing his construction business. Jamie discusses how he entered the industry, the niche he carved out in high-end residential projects, and the crucial role that design plays in his work. He also delves into the challenges of project management and the strategies his team employs to improve efficiency. Jamie provides insights on leadership development, effective client communication, and recognizing the early signs of a project going off track. Additionally, he highlights the importance of building strong relationships and leveraging word-of-mouth referrals to acquire new clients. Jamie also shares his future plans, which include expanding the business into property management and interior design.
Takeaways
- Finding a niche in high-end residential projects can help sustain a construction business during economic downturns.
- Design is a crucial aspect of construction, and having a team with a background in architecture can set a company apart.
- Efficiency in project management can be improved through the use of technology and clear communication with clients.
- Word-of-mouth referrals and building relationships in the community are effective ways to attract new clients.
- Expanding into related businesses, such as property management and interior design, can provide additional revenue streams and support the core construction business.
Chapters
00:00 Introduction and Background
02:00 Starting and Growing the Business
06:02 Improving Efficiency in Project Management
10:00 The Role of Design and Client Communication
14:18 Challenges and Signs of a Project Not Going Well
16:52 Acquiring New Clients and Projects
20:14 Expanding into Related Businesses
24:43 Current State of the Business
27:06 Leadership Development and Motivation
28:14 Advice for Starting Over and Marketing Strategies
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