🚀 In this video, I sit down with Shawn Wilson, CEO of BuildDirect ($BUILD.V), to dive into the company’s strategy for scaling revenue, improving profitability, and navigating the competitive North American flooring market. 🏠💼 From Pro Centers to e-commerce, Shawn shares insights on balancing short-term performance with long-term vision, tackling supply chain challenges, and leveraging innovation to capture a larger market share. Whether you're an investor, entrepreneur, or just curious about the flooring industry, this interview is packed with valuable lessons and behind-the-scenes strategies! 🌟📈
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Legal Disclaimer: Not Financial Advice
The information provided in this interview is for informational and educational purposes only and should not be considered legal, financial, or investment advice. I am not a financial advisor, and nothing discussed should be interpreted as a recommendation to buy, sell, or hold any financial asset or security.
Additionally, I do not promote any stocks, investment opportunities, or financial products. I have not received any compensation, payment, or incentive—financial or otherwise—for participating in this interview.
Always conduct your own research and consult with a qualified professional before making any financial or investment decisions.
Time Stamps:
00:00:00 Intro
00:01:15 Profitable Growth
00:03:22 Growth Drivers
00:04:30 Reducing Debt
00:05:55 Motivations for Joining BuildDirect
00:10:00 Capital Raise? Dillution
00:13:06 How do Pro Centers complement E-Commerce?
00:15:50 Organic Growth vs Acquired Growth
00:19:34 What are Pro Centers?
00:25:25 Differentiation, Competitive Advantage, Competition
00:35:30 Expanding into Adjacent Markets
00:41:02 What about the construction cycle?
00:45:00 Tariffs
00:48:17 Acquisition Pipeline
00:52:10 Childhood
00:55:00 Favourite Mistake
00:59:20 Fears
01:00:00 Hobbies
01:03:20 Checking Stock Price
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