It’s no secret that businesses in every industry were caught off guard when the COVID-19 pandemic hit in 2020. For entrepreneurs, the economic upheaval meant scrambling to keep their new businesses afloat while in-person services ground to a halt.
While the early days of the pandemic are behind us and companies have begun to adopt new business models to reach digital audiences, there is still a lot to learn from the startups that survived the economic crisis. Construction startups in particular are a great place to turn for entrepreneurs seeking business advice.
Construction startups operate in an industry known for resisting technological advances and large-scale changes. This has made it difficult for startups to find buyers for new technologies and innovations that could change the way construction companies operate. However, many new construction startups have overcome these challenges by adapting to meet industry demands and working with experts to achieve success.
Check out the infographic below to discover key business lessons entrepreneurs can learn from startups transforming an industry historically resistant to change.