Building Scale
We interview successful Architecture, Engineering, and Construction (AEC) business leaders to learn how they use people, processes, and technology to scale their businesses.
Gary Cosmer - LOVETT
On this episode Gary Cosmer of LOVETT shares with us his journey from being in the private equity space to becoming a partner and the CEO of the iconic brand - LOVETT. He discusses how he implemented advanced manufacturing concepts into his construction business. Gary also shares his expertise with M&A. This includes opportunities companies can look for as well as ways to avoid the pitfalls that many business owners find themselves in when they are going through their first few acquisitions.
Key Points
- Gary Kosmer joined Lovett due to the company's strong branding presence in the community, where even those unfamiliar with its services recognize the value of its brand.
- Gary emphasizes the importance of patience and observation over immediate action, sharing that success in both business and drag racing comes from making small, incremental improvements rather than seeking large, dramatic wins.
- Despite the challenges, Gary advises that consistent, small improvements lead to greatness, and setbacks should not discourage one from continually pushing forward.
Chapters
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| 3:10 | |
| 3:57 | |
| 4:58 | |
| 5:38 | |
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| 6:20 |
Transcript
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