Mike Tester, founder of Tester Construction Group, shares his journey in the construction industry and the growth of his company. He discusses the challenges and successes he has faced, the importance of culture and teamwork, and the impact of technology on the industry. Mike also provides insights into his daily habits and work-life balance, as well as advice for entrepreneurs starting their own businesses. He emphasizes the need for experience and dedication, and the rewards of building a successful company.
construction, Tester Construction Group, Mike Tester, Philadelphia, Florida, business growth, technology in construction, project management, construction challenges, company culture, entrepreneurship, daily habits, business lessons, construction industry, hiring, COVID-19, leadership, personal growth, work-life balance, opportunities
Mike Tester has overseen the construction of over 5,000 apartments.
He transitioned from architecture to construction after realizing his passion for building.
Tester Construction Group was founded in 2017, focusing on Philadelphia and Florida markets.
The company started with small projects like duplex renovations in North Philly.
Tester Construction has grown to about 50 employees across two states.
Florida operations focus on luxury single-family homes and commercial projects.
Challenges in construction include pricing and labor market issues.
Company culture and employee engagement are key to retaining talent.
Technology like Procore is used to streamline operations and improve efficiency.
Mike emphasizes the importance of giving employees exposure to various aspects of the business.
Maintaining a work-life balance is crucial for personal well-being.
Hiring the right subcontractors is essential for business success.
Understanding financial statements is vital for entrepreneurs.
There is a growing demand for skilled tradespeople in the construction industry.
Experience in the field provides a solid foundation for starting a business.
Building a strong company culture requires in-person collaboration.
COVID-19 highlighted the importance of team cohesion and communication.
Daily habits can significantly impact overall productivity and success.
Entrepreneurs should seek mentorship and learn from others' experiences.
00:00 Introduction and Background
02:49 Early Career and Starting Tester Construction Group
06:09 First Projects and Growth of Tester Construction Group
09:55 Challenges and Successes in Building the Business
15:13 Adapting to Technology in the Construction Industry
24:58 Daily Habits and Work-Life Balance
30:06 Lessons in Business and Hiring Practices
35:01 The Impact of COVID-19 on the Construction Industry
39:48 Advice for Entrepreneurs Starting a Business
42:57 Closing Remarks
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