Ep124 Jeff Godby Godby Home Furnishings

In this episode of the Default Profitable Podcast, host Matt Nettleton speaks with Jeff Godby, owner of Godby Home Furnishings, about the journey of running a family-owned business. Jeff shares insights on transitioning leadership, the importance of company culture, and the challenges of maintaining profitability in a competitive market. He emphasizes the value of showing up, taking risks, and treating employees well, while also discussing the significance of community support and the realities of entrepreneurship.

takeaways

• Jeff Godby is the second-generation owner of Godby Home Furnishings.
• The business started with a $5,000 investment and has grown to $40 million in sales.
• Transitioning leadership in a family business can be challenging but necessary.
• Company culture is crucial for employee retention and satisfaction.
• Showing up consistently is key to business success.
• Profit is essential for sustainability and should not be viewed negatively.
• Community involvement is important for local businesses.
• Hiring trustworthy employees allows for effective delegation.
• Navigating external challenges is a significant part of running a business.
• The American dream is alive through entrepreneurship.

You can learn more about Jeff at his ompany website https://www.godbyhomefurnishings.com/