SBP#30-Building a Referral-Only Construction Business | Matt Howard, Scoma Construction Services

Matt Howard, owner of Scoma Construction Services, joins the Stay Broke Podcast to share how he built a successful remodeling business without relying on marketing.Starting in college while pursuing a business degree, Matt worked in construction on the side before fully committing to the trade. After navigating the ups and downs of the 2008 recession and trying commercial contracting, he ultimately found his path in residential remodeling.Matt explains how he grew his business organically through word of mouth, beginning with real estate punch list jobs and scaling into kitchens, bathrooms, additions, and outdoor spaces.We also discuss the importance of systems, hiring your first employee, and what it takes to transition from working in the business to working on it.