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- #130: Chad Hall, Founder and CEO of Remodelmate, a Managed Marketplace for Bathroom Renovations, on Customizing and Simplifying Bathroom Transformations
#130: Chad Hall, Founder and CEO of Remodelmate, a Managed Marketplace for Bathroom Renovations, on Customizing and Simplifying Bathroom Transformations
Chad moved to the DC area for school, attending the University of Maryland, College Park, where he was a D1 collegiate decathlete in their Track & Field program. He began his post-collegiate career in the residential remodeling industry, and noticed that it typically took 6 people and multiple touches from each person to help one customer renovate a bathroom. He understood what may have worked 70+ years ago, just doesn’t work today. The renovation process needed, well…a renovation. At LivingSocial, Chad experienced the drive and pace of an internet startup environment firsthand. He was now ready to combine his knowledge of the remodeling industry, his experience in the online marketplace, and his vision for a more efficient customer journey.
Thus he founded and is now CEO of Remodelmate, a managed marketplace for bathroom renovations. Homeowners get plans, permits, materials, and book labor through their site and the entire process is managed by a project concierge to make sure renovations finish on-time and on-budget. Backed by Revolution's Rise of the Rest, CoVenture and prominent angels.
Connect with Chad Hall
Some of the Topics Covered by Chad Hall in this Episode
Why and how Chad started Remodelmate
How Chad went about finding his target market
Why he made the decision to stay local to Washington D.C. for now
How Chad used Remodelmate's first bathroom to prove his concept
Mistakes Chad made as he navigated digital marketing
How Chad and his co-founder managed funding as they started the business
Raising half a million dollars through angel investors and how they spent those funds
How they decided what positions they needed to hire for
Mistakes and challenges as Remodelmate grew and how to beat the competition
Figuring out what to standardize and which elements to make customizable
How Chad approached pricing strategy
Growing the company revenue 4x
How Remodelmate is faring through COVID-19
Chad's book and software recommendations
Chad's biggest lesson for entrepreneurs, about making decisions
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