Pool Construction Manufacturing

Brent suggests starting a business in construction or home services, specifically highlighting swimming pool construction as an example. The idea focuses on entering industries with natural barriers to entry and less competition from wealthy hobbyists.

Key Points:

  • Target Industry Selection:

    • Focus on construction or home services space
    • Choose industries where wealthy individuals don't typically compete
    • Look for businesses with physical, demanding work that naturally deters casual entrants
  • Business Model Strategy:

    • Partner with existing small companies that have infrastructure and systems in place
    • Apply modern technology to improve efficiency
    • Develop scalable billing and sales models
    • Build beyond single geography
  • Competitive Advantages:

    • Enter markets with natural selection bias against them
    • Example: Swimming pool construction in hot climates
    • Focus on industries requiring technical expertise and physical labor
    • Build moats through systems and scalability
  • Growth Approach:

    • Start with existing infrastructure
    • Implement replicable models
    • Scale gradually over time
    • Focus on efficiency through technology
09:24 - 09:40
Full video: 53:06
BB

Brent Beshore

Founder and CEO of Permanent Equity, specializing in acquiring and operating small businesses. Author of "The Joys of Compounding" and contributor to various business and finance publications.

Featured on business podcasts and in articles on private equity and business strategies.

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