🔄 Pivoting in Crisis: Navigating a market crash led Peak Demand to strategically shift from traditional energy staffing to renewable energy, proving the power of adaptation during challenging times.
⚡ Sustainable Growth: The renewable energy sector faces a workforce shortage, particularly in skilled roles due to rapid expansion, underscoring the need for training, education, and attracting mid-career professionals.
💼 Entrepreneurial Journey: Transitioning from employee to business owner requires mastering financial literacy and understanding metrics, while encouraging aspiring entrepreneurs to start small and gradually build momentum.
In this episode 159 of "Failing to Success", Jon Semingson, Managing Partner of Peak Demand, shares insights into successfully pivoting during the financial crisis and establishing a niche in renewable energy staffing. Highlighting the industry's labor shortage, he discusses the challenge of attracting skilled professionals and the crucial role of training. Jon also delves into his entrepreneurial journey, emphasizing the significance of financial literacy and advising aspiring business owners to initiate their ventures with small, calculated steps.
Timestamps:
00:00:00 Intro
00:00:21 Pivot in Crisis
00:03:18 Labor Shortage
00:06:33 Jumping into Entrepreneurship
00:08:42 Contact Jon
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