#30: Scott Sedam: PART ONE - 10 Lessons From Last Downturn vs. COVID-19 Situation

As I get ready to wrap up my first season of the Sticks and Bricks Podcast, I am so excited to offer a two-part interview series with a well-known thought leader in the Home Building Industry. For as long as I can remember, I always gravitated to the writing and wisdom of Scott Sedam in the articles he wrote in Professional Builder and other industry publications.

Scott is the owner of True North Consulting – and – he’s been helping home builders improve operations for such a long time. I held on to an article that he wrote in October of last year that reviewed 10 Lessons Learned from the last downturn.

In that same article, there was talk of an economic slowdown looming in the first quarter of 2020. The coronavirus showed up instead – and – the effects of it have been felt by many across the world.

I thought it would be interesting to take the 10 Lessons listed in that article and see if and/or how they related to the current situation. Scott’s long tenure in this industry with some of the greatest home building legends leads to some interesting stories and advice in this interview.