The building industry is experiencing a massive generational shift as younger leaders reshape businesses with new values and technological approaches, while facing the challenge of navigating rapid change.
• Jay Donnelly has grown Flanagan's Paint and Supply from one to five stores since joining his father's business in 2010
• Making friends is the foundation of the paint business – relationships remain central even as technology advances
• The millennial generation is approaching business ownership differently, prioritizing work-life balance
• Buying existing businesses is often smarter than "greenfielding" when entering the industry
• Industry associations like NHPA and buying groups provide crucial support and knowledge-sharing opportunities
• Inventory management remains a significant challenge for paint and hardware retailers
• Business opportunities are abundant regardless of market conditions when market share is still available to capture
• AI and new technologies should be implemented strategically to solve specific operational pain points
• Creating exceptional experiences for both customers and employees is essential for long-term success
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👉 What Is Grit Blueprint?
Grit Blueprint is a media and growth company for the building industry. We help ambitious businesses in the building materials and construction industries grow through visibility, storytelling media, and smart systems.
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