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LinkedIn: https://www.linkedin.com/in/brettgrendahl/

Website: https://www.builtdata.io/

00:00 Introduction and Background 06:11 Shortage of Skilled Craft Labor 24:54 Impact on the Housing Market 31:25 Addressing Inefficiencies in Construction 37:13 Build Data's Solution for Field Workers 45:24 The Future of the Construction Industry Summary

Brett Grendahl, founder of Built Data, discusses the challenges and opportunities in the construction industry. He highlights the importance of skilled craft labor and the need to attract more people to the trades. Grendahl shares his own experience in the construction industry and explains why he transitioned to building Built Data. He also addresses the labor shortfall in the industry and the need to improve the working conditions and training for laborers. Grendahl discusses the rising costs in construction and the impact of labor and material shortages. He also explores the state of the housing market and the challenges of generational changes in the workforce. Build Data aims to bring modern support to the construction field by providing a unified platform for communication and information sharing. The construction industry is highly disconnected, leading to inefficiencies and frustration for workers. Build Data's solution allows laborers to easily communicate their needs and receive the necessary support. The company's goal is to reduce wasted labor and improve productivity in the industry. While the construction industry may be resistant to change, there is a growing demand for digital solutions and modernization. Build Data envisions a future where construction is digitally native and highly collaborative.

Takeaways

The construction industry is facing a labor shortfall, particularly in skilled craft labor, which is constraining productivity and impacting the ability to complete projects.

There is a need to attract more people to the trades and improve the perception of construction as a rewarding career path.

Labor wages have been increasing due to the labor shortage, and talented laborers can command higher pay.

The rising costs in construction are influenced by labor and material shortages, as well as disruptions in the supply chain.

The housing market is experiencing constraints in both supply and demand, with low inventory and affordability challenges.

Generational changes in the workforce, such as the adoption of technology and different attitudes towards work-life balance, are impacting the construction industry and require adaptation and effective communication strategies. The construction industry is highly disconnected, leading to inefficiencies and frustration for workers.

Build Data aims to bring modern support to the construction field by providing a unified platform for communication and information sharing.

The company's goal is to reduce wasted labor and improve productivity in the industry.

There is a growing demand for digital solutions and modernization in the construction industry.