Business View Magazine | February 2021

71 BUSINESS VIEW MAGAZINE FEBRUARY 2021 That creates some interesting challenges. But I’d say one of our advantages over some of our competition is we’ve built on such extreme lots that they don’t bother us. A lot of other builders will look at those lots and say, ‘This isn’t a flat lot. I can’t just do a typical crawlspace.’ They get skittish, whereas we’ll say, ‘We’ve built on worse.’ We’re not afraid to build on anything at this point.” Bold Contruction’s success also relies upon successful vendor partnerships. “In order to have success in our market, we need strong partners,” says Dell. “And those partners range from buying from a single store location, like Fitch Lumber, to buying from the largest supplier of roofing materials in the country, ABC Supply.” These two suppliers epitomize Bold’s philosophy of working with different vendors that can cater to specific needs. “We try to get the best of both worlds,” says Ehrenfeld. “Fitch Lumber is a family-owned business that is more than 100 years old. They’ve built their business on exceptional service. But, we also need large suppliers, like ABC Supply, that can get us volume pricing on more common building materials, like roofing supplies.” Because Bold Construction operates in one of the most desirable markets in the country, a big constraint on their business has been the lack of land supply. While they’re constantly on the look-out for new land opportunities for their clients to build on, Ehrenfeld confesses he’s comfortable at the scale the firm is currently dealing with. “I’m big on progress and continual improvement, but I’m also very happy with where we’re at currently,” he admits. “Eventually, we’ll reach a point where we’ll feel we’re as big as we want to be, and if our leads exceed our capacity, we’ll have a waitlist to solve that. For now, we’ll continue to work within our limits, handling a restricted number of $1-$3 million custom homes per year. We’ve been building custom homes for more than 20 years, and we keep improving and learning every day. That’s how we prefer to measure our professional growth.” BOLD CONSTRUCT ION