How To Stay In Business During A Crisis (Fred Loucks)

In this podcast, Fred Loucks, CEO of Dunn & Stone Builders, shares how he navigated running a company in the construction industry during the pandemic.

Not an easy task.

He talks about the process of buying the company and learning how to be a CEO.

Plus, he gives his advice on how to stay in business during a crisis. And how to build a company that people actually want to be a part of.

Learn more about Dunn & Stone Builders here: https://www.dunnandstonebuilders.com/

*Timestamps*
00:00 Introduction and Background
03:08 Implementing Supply Chain Management Strategies
07:59 Buying the Business
19:03 Navigating the Challenges of COVID-19
26:20 Dealing with Rising Construction Costs
29:27 Honoring Contracts, Even When It's Hard
37:44 The Mindset of a Business Owner
44:26 Taking Care of Employees and Building Trust
50:59 Transitioning from Survival Mode to Growth Mode
53:17 Buying Out a Co-Owner
55:02 Using Story to Build Better Processes
58:55 Creating a Positive Work Environment
01:03:59 Systematizing Processes for Efficiency
01:07:24 Putting Customers First

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