Money Issues

Gearflow brings the construction industry together with its online marketplace full of equipment and parts


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It's 2020, everything is supposed to be online..and you'll still be surprised how many functions of our society are still on the outside looking in at E-commerce. Construction, an essential business these days, is no exception and Ben Preston and his cofounder Luke Powers saw a huge opportunity to address a major problem for contractors all over. His company, Gearflow, is an online marketplace for constructions equipment and parts. Typically contractors have to go to all different suppliers and sites to what Ben Preston calls "an information blackhole". When they realized that about 80% of the equipment suppliers were independently-owned businesses, the foundation for Gearflow - bringing all these suppliers under one umbrella - was set. Ben joins Scott to talk about the state of construction, injecting E-commerce into a fragmented industry and how the effects can impact real estate.
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Money IssuesBy Scott Kitun

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4.8

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