Disrupting the Construction Industry by Modernizing Manufacturing with Damion Lupo
Innovation has been relatively stagnant in the construction industry, except for the nail gun, over the past 75 years. FrameTec is a company leading the charge for a shift to enhance efficiency and reduce waste. On today's episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Damion Lupo, the Chief Investment Officer of FrameTec. With over 30 years of experience owning numerous companies and personally acquiring more than 150 properties across seven states, Damion is a seasoned real estate expert. Through FrameTec, he spearheads efforts to modernize manufacturing processes and revolutionize construction.
Jonathan and Damion begin their conversation by exploring how FrameTec is shaking up construction, the niche it's addressing, and the mixed reactions it's generating—from excitement to panic. Damion reflects on the lessons he learned from losing everything during the 2008 crash, the importance of patience, and sharing strategies to sidestep major investing mistakes. He emphasizes finding trustworthy mentors, avoiding the fear of missing out (FOMO), and embracing hard work. Damion also offers thoughts on the ambitious scope of FrameTec, illustrating how it’s poised to change real estate and tackle challenges within the industry.
Damion elaborates further on the following:
Having a mission-based career brought greater success than one based solely on money. Money became a side effect of the greater mission.
You can achieve anything if you possess patience and focus and are willing to work.
FrameTec is turning the construction world upside down by solving the framing problem, reducing waste, and offering speed, efficiency, and quality.
The trades offer limitless opportunities if you are willing to learn, dig into the details, and provide excellent customer service.
Damion Lupo’s vast experience in real estate gives him a unique perspective on the industry as a whole. With the lessons he’s learned, he hopes to guide others toward success.
If you want to learn more about Zen and the Art of Real Estate Investing Podcast, check out http://www.trustgreene.com/podcast/zen/131 .