Sumner Douglas is a serial entrepreneur and previous early stage focused VC. He is the driving force behind BoomStartup, a top 10 ranked accelerator. His previous founder roles include Saasuma, GlassView & Vutiliti.
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Guest Resource
Stack Homes – We build modular homes for modern life.
3 Value Bombs
1) Modular construction simply means factory-built homes. It means homes that are transported to the site and then installed on a permanent foundation.
2) Affordable housing and the housing crisis in general is one of the biggest crisis that we face. The modular home solution and factory-built, high quality and sustainable buildings can really solve one of the biggest issues that we face.
3) Start a new company in the market that was ripe for disruption. Modular homes really has the potential to largely disrupt the housing market and to solve a lot of the different problems that we’re facing.
Sponsors
HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!
ZipRecruiter: Get your job noticed by the best and brightest candidates – with ZipRecruiter! Go to this exclusive web address to try ZipRecruiter for free: ZipRecruiter.com/fire!
Show Notes
**Click the time stamp to jump directly to that point in the episode.
Today’s Audio MASTERCLASS: Move Over Wood and Nails, Stack Homes is Disrupting the Construction Industry
[00:57] – Pre Roll Sponsors
[1:29] – Sumner shares something that he believes about becoming successful that most people disagree with.
- You have to really not care what anybody else thinks about what you’re trying to accomplish and what your goals are.
- When it comes down to taking big entrepreneurial leaps and starting companies with really big ideas, you really need to really believe in yourself and focus on the goals of what you’re trying to accomplish.
[3:10] – What is Stack Homes?
- Stack Homes is a modular home building company that focuses on elegant designs with sustainability focus.
- Affordable housing and the housing crisis in general is one of the biggest crisis that we face. The modular home solution and factory-built, high quality and sustainable buildings can really solve one of the biggest issues that we face.
- We’re bringing a huge amount of technological innovation and integration into the building process so we can cut down on labor costs and improve the quality of homes that we’re producing for the marketplace.
[5:59] – The “AHA!” moment when Sumner realized Stack Homes had to exist.
- He was looking for something that could really change the world.
- He started to design these houses from a sustainability perspective and to create the way that we could build in the future and how can we meet the needs of affordable housing. How can we produce in mass scale.
[8:09] – A timeout to thank our sponsors!
- ZipRecruiter: Get your job noticed by the best and brightest candidates – with ZipRecruiter! Go to this exclusive web address to try ZipRecruiter for free: ZipRecruiter.com/fire!
- HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!
[11:38] – The benefits of modular construction.
- When it comes down to it, there are so many different benefits, one of which is the quality control, and another: a sustainability factors.
- Modular construction simply means factory-built homes. It means homes that are transported to the site and then installed on a permanent foundation.
- With modular construction, we’re held to a much higher set of standards.
- With modular construction, we’re able to build houses in a way that reduces our waste factor to sub 10% on each one of these bills.
- We’re building in a controlled environment and it enables us to improve the quality control and improve the materials that we’re using on the inside.
- With modular homes, we can build your home to completion in six to nine weeks.
[16:37] – What is being disrupted in the construction industry?
- The company was founded off the principles of Additional Dwelling Units.
- What we ended up doing was designing these floor plans that, not only could you use from an additional dwelling perspective, but you could also combine to create full scale custom homes.
- All of these different units are modular units and can be stacked on top of one another with walkways and breezeways. We can also create full-scale multifamily build.
[20:28] – Sumner’s key takeaway and call to action.
- You need to look at it as probably the most viable solution to solving one of the biggest problems we face.
- Stack Homes – We build modular homes for modern life.
[22:15] – Thank you to our Sponsor!
- HubSpot: HubSpot’s all-in-one CRM helps you automate tedious tasks, keep track of all your deals in one place, and make sure your whole team has access to the same data. Get started for free at HubSpot.com!
Killer Resources!
1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!
2) Free Podcast Course: Learn from JLD how to create and launch your podcast!
3) Podcasters’ Paradise: The #1 podcasting community in the world!