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.
(0:00) Introduction to the podcast, hosts and guest Gary Cosmer
(1:14) Journey to Lovett: Gary's backstory and partnership with Dale
(2:30) Key insights: Importance of branding in AEC industry and advice to younger self
(3:10) Decision-making: Importance of patience and observation
(3:57) Business analogies from drag racing
(4:58) Business success: Shaving off tenths of a second
(5:38) Closing remarks and invitation for future participation
(6:15) Contacting Gary Cosmer: Final thoughts and details
(6:20) Podcast closing and call to action