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Business Advice from 8 Remodeling Experts

Business Advice from 8 Remodeling Experts

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Each construction project brings unique challenges, the most common of those being delivering on time or staying within your budget. However, these challenges look different industry to industry and require years of experience to master correctly. As you look to grow your construction business, look for inspiration from some of the most popular renovation stars on the small screen. 
Mike Holmes, from the HGTV show Holmes on Homes, started his construction business at the age of 19 and went on to lead seven seasons of his hit show while running multiple businesses. 
Chip and Joanna Gaines from Fixer Upper, have almost single-handedly flipped the small town of Waco, Texas from a college town to a desirable travel destination. What started as a small remodel business grew to include home decor, furniture manufacturing, real estate investments, and now their own TV network. 
Although you aren’t hosting your own TV show, there are some valuable lessons to learn from the wild successes of these home renovation and real estate experts.  
This fun infographic dives into how each home remodeling personality approaches a new project and effectively grows their business. From start to finish, these renovation experts have a tip or two to share about tackling a transformation. 

  1. Get inspired from outside sources

It’s easy to replicate your bread and butter time and time again, but true innovation comes from branching out of your comfort zone. Travel to new destinations or study a new element of design to introduce something different to your next project. 

  1. Plan ahead

When tackling a huge project, it can be intimidating to get started. Don’t be afraid to sketch out a rough draft or completely unheard of ideas. Start from there and revise as you go. 

  1. Hire the right people

This may be a given, but it’s often the secret to success. Every position of your team should hold a motivated and skilled team member who believes in your work. 

  1. Make time to do the prep work

The time you take to plan and budget from the beginning will payoff much later. You’ll find you make less mistakes throughout the project when you have a well-thought out plan to start with. 

  1. Sharpen your skills

Even veteran construction executives can improve their skills. Attend conferences, workshops, or network with other thought leaders to stay in the loop on trends in your industry. 

  1. Stay within scope

Client asks can change quickly. Learning to handle expectations and budgets is a skill you’ve probably mastered but can be detrimental to the project when overlooked. 

  1. Don’t call it quits too soon

Knowing when to throw in the towel is another skill that takes trial and error to learn. Scrapping an idea is difficult, especially when you’re far into the project but learn when you can salvage something and when it’s time to jump ship. 

  1. Pride yourself on quality

Cutting corners may get the job done faster, but it won’t last for long. Quality means more to your reputation and business than any other aspect so make efforts to make it last. 
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