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Fortitude at 50: Dave Knaub's Midlife Rebound (S1:E11)
Manage episode 431821540 series 3552967
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About David Knaub
David Knaub is the CEO and President of Flooring Foundation Corp, a leading company with deep roots in the flooring industry. Building on a legacy spanning three generations, David draws on his father's rich experience and influence to guide the business. Founded a decade ago, Flooring Foundation Corp has thrived under David’s leadership, expanding its reach and impact. David’s commitment extends beyond business success; he is equally dedicated to supporting underserved communities, reflecting his belief in giving back. His two sons are now actively involved in the company, ensuring the continuation of the family legacy and values.
Reference Links:
- Green Ridge Wealth Planning
- BobbyMascia.com
- Instagram - Bobby Mascia
- Instagram - Business Unchained
David Knaub's Social Media
Flooring Foundation Corp Social Media
Episode Highlights:
What does transforming a family legacy into a thriving business empire take? In today’s episode of Business Unchained, we sit down with Dave Knaub, a seasoned entrepreneur who has expertly built on his family's long-standing heritage in the flooring industry.
(03:51) "Taking that leap is the most rewarding thing in the world. If you're able to do it and get through the hump, it is better than any other way to practice your trade and leave your mark on society as owning your own business."- David Knaub
(35:17) “If it's in your DNA and you think you want to cross over from being an employee to an employer and being an entrepreneur, it is the best ever. The rewards are just as proportionately high.”- David Knaub
During the sit-down, Dave shares his journey, emphasizing the importance of delegation and surrounding oneself with top-tier talent. He reflects on the challenges of starting his own business, the influence of his father, and the lessons learned from sports. The conversation highlights the significance of trusting team members, maintaining open communication in a family business, and investing in quality professionals. Dave's story inspires aspiring entrepreneurs, illustrating the power of perseverance and strategic growth.
(27:41) "There's this law of reciprocation that seems to be out there. We don't do it for that reason; we do it because we genuinely want to do right by the other person."- David Knaub
This episode is a treasure trove of insights for anyone navigating the complex world of entrepreneurship, especially those involved in family businesses. From the importance of delegation to the value of investing in top-tier talent, Dave shares invaluable lessons from his journey. Let’s dive in!
In this episode:
- (00:41)- Introduction to David Knaub
- (04:37)- David's Journey and challenges starting a business
- (08:51)- The importance of work ethic
- (17:10)- The impact of delegation on business growth
- (21:03) - Motivations for starting his own business and involving his family
- (28:28)- Future vision for the business over the next five to ten years.
- (32:29)- Key pieces of advice and insights for those starting in business
- (35:15)- David’s parting shot
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