Fraser Patterson's guest appearances

Fraser Patterson

Outlier On Air | Founders, Disruptors, & Mavens

Information Morning - Cape Breton

Real Estate Is Your Business - a real estate technology podcast

Neil Patel

Christopher Lochhead

Vasavi Kumar

Laura Roeder

Richie Norton

Seth Talbott

Ruth King

Ryan Michler

Peter Gould

Tom Schwab

Cynthia Johnson

Chris Brogan

Andy White

Jason Zook

Austen Allred

OwlTail

We launch a series of our patented Popcorn interviews... this time with Victoria County councillors. You'll meet the members of municipal council in a different way. First up, its long-time councillor for District 5, Fraser Patterson.

Popcorn Interview:  Fraser Patterson, Victoria County District 5

Transforming home remodeling into a safe and hassle-free process… Fraser Patterson, Founder/CEO of Bolster (a soup to nuts renovation platform built atop a powerful new process. offering the best architect and general contractor for your home renovation project and together use a suite of budget &amp; project management tools) joins hosts Thomas Kutzman and Scott Pollack in the MouthMedia Network studios powered by Sennheiser. Presented by Prevu. Traditional vs. marketplace, from online selection to a detailed call, and catering to flexible needs Patterson reviews marketplace vs. traditional approaches. Traditional involved finding a contractor – a marketplace model can do a disservice to homeowner, not trying to solve the problem downstream but instead solving a matchmaking need; with the model aggregating demand and selling leads to professionals, creating a competitive environment bad for service people and with the homeowner getting less info. How Bolster is different, overcoming the usual Illusion of choice in marketplace. Consumers get direct matches, better than just a marketplace. How Bolster knows what a homeowner wants from an architect or contractor, allowing the homeowner to identify online and auto select in a qualification process, discovering things they need to know about their project, then jumping on a detailed call with specialist. How Bolster offers a wide range of opportunities and types of jobs and contractors. The opportunity to cater to several types of needs: flexibility of scope of work and budget, with others on a fixed budget but flexible on scope, and then those with strict scope of work but a more flexible budget. And, how it all comes down to educating the consumer. Cost overruns, reality shows, and saving real money Examining the average cost overrun of 60% in NYC, which is usually not planned for. How one can probe in advance, slowing down before construction begins, getting the right info. How, if done properly, constructions can be very plug and play, and how with Bolster across projects they boast a mere 0.1 % cost overrun, which Bolster absorbs. How most consumers can’t enjoy results emulating construction-themed TV reality shows, and how Bolster can save the average homeowner $59k/project as well as time. Yorkie Bars, a price guarantee, and scaling nationally A special snack offering of Yorkie Bars, how Patterson started as a carpenter, and has a mathematics degree. Direct/indirect costs of builds, and a detailed review of all of the elements of the construction process and budget. The importance and desire for transparency and Bolster’s cost guarantee, thanks to their insurance partners. How Bolster offers what can be seen as a full-stack experience, and the offer of a best price guarantee. The plan for scaling nationwide, news of recent major acquisition, and following a calling to solve this problem by building this business.See omnystudio.com/listener for privacy information.

Transforming home remodeling into a safe and hassle-free process… <a href="https://www.linkedin.com/in/fraserpatterson" rel="noopener nofollow" target="_blank">Fraser Patterson</a>, Founder/CEO of <a href="https://bolster.us" rel="noopener nofollow" target="_blank">Bolster</a> (a soup to nuts renovation platform built atop a powerful new process. offering the best architect and general contractor for your home renovation project and together use a suite of budget &amp; project management tools) joins hosts Thomas Kutzman and Scott Pollack in the <a href="http://mouthmedianetwork.com" rel="noopener nofollow" target="_blank">MouthMedia Network</a> studios powered by <a href="http://sennheiser.com" rel="noopener nofollow" target="_blank">Sennheiser</a>. Presented by <a href="http://prevuapp.com" rel="noopener nofollow" target="_blank">Prevu</a>. Traditional vs. marketplace, from online selection to a detailed call, and catering to flexible needs Patterson reviews marketplace vs. traditional approaches. Traditional involved finding a contractor – a marketplace model can do a disservice to homeowner, not trying to solve the problem downstream but instead solving a matchmaking need; with the model aggregating demand and selling leads to professionals, creating a competitive environment bad for service people and with the homeowner getting less info. How Bolster is different, overcoming the usual Illusion of choice in marketplace. Consumers get direct matches, better than just a marketplace. How Bolster knows what a homeowner wants from an architect or contractor, allowing the homeowner to identify online and auto select in a qualification process, discovering things they need to know about their project, then jumping on a detailed call with specialist. How Bolster offers a wide range of opportunities and types of jobs and contractors. The opportunity to cater to several types of needs: flexibility of scope of work and budget, with others on a fixed budget but flexible on scope, and then those with strict scope of work but a more flexible budget. And, how it all comes down to educating the consumer. Cost overruns, reality shows, and saving real money Examining the average cost overrun of 60% in NYC, which is usually not planned for. How one can probe in advance, slowing down before construction begins, getting the right info. How, if done properly, constructions can be very plug and play, and how with Bolster across projects they boast a mere 0.1 % cost overrun, which Bolster absorbs. How most consumers can’t enjoy results emulating construction-themed TV reality shows, and how Bolster can save the average homeowner $59k/project as well as time. Yorkie Bars, a price guarantee, and scaling nationally A special snack offering of Yorkie Bars, how Patterson started as a carpenter, and has a mathematics degree. Direct/indirect costs of builds, and a detailed review of all of the elements of the construction process and budget. The importance and desire for transparency and Bolster’s cost guarantee, thanks to their insurance partners. How Bolster offers what can be seen as a full-stack experience, and the offer of a best price guarantee. The plan for scaling nationwide, news of recent major acquisition, and following a calling to solve this problem by building this business.See <a href="https://omnystudio.com/listener" rel="nofollow" target="_blank">omnystudio.com/listener</a> for privacy information.

005 – Fraser Patterson of Bolster – Constructing a Full Stack Experience

"If you have a great idea, shout it from the rooftops and convince everyone it does work." - Fraser Patterson About: Fraser Patterson- Founder and CEO of Bolster Bio: He’s been a carpenter and award-winning general contractor in the U.K.; a guest lecturer in entrepreneurship and business incubator executive at Centro, an architecture and design university in Mexico; a mentor to various startups for Endeavor, a global non-profit that supports high-impact entrepreneurs in emerging markets and the founder and C.E.O. of OnisVida, a company that helps homeowners manage their remodeling projects with finance from Infonavit, Latin America's largest mortgage lender. Overview: Fraser is an innovative carpenter who is transforming the home remodeling space. With a background in math and physics, Fraser is changing the lives of homeowners and contractors for good. Highlights:Background: Fraser began working as a carpenter in Scotland, while also studying math and physics. During this time in his life, he continually thought there had to be a better way to remodel. Eventually, Fraser became a general contractor, grew very quickly, won Ikea as a strategic partner, won numerous awards, and then the economy crashed in 2008. From there, Fraser moved to Mexico and was offered a position teaching entrepreneurship at the Architecture and Design University in Centro, Mexico. While there, Fraser suggested starting a business venture for these students and met with the head of endeavor at Mexico who then got involved in helping Fraser start this business venture. Then, one day, Fraser got a call from the Mexican government asking if he could help solve the remodeling process. With the help of Infonavit (Latin America´s largest mortgage lender) Fraser was able to implement Mexico’s first home remodeling insurance platform in partnership with Infonavit , HSBC Mexico and Aserta. After proving to be successful, Fraser decided to take this idea to the U.S. and started Bolster with his co-founder Ana. What is Bolster: Bolster is a start up company in the home remodeling space. They've invented the first affordable performance bond for small construction projects. They provide the consumer with the contractor who has been vetted by them, and backed by an insurance company that literally guarantees they will finish the project according to the terms of the contract. And if, for any reason, that contractor fails the insurance company will find another contractor and make up the financial difference of bringing on another contractor. The process to vet a new contractor only takes about 24 hours. Bolster is completely in charge of handling all the paperwork/contract for the consumer's project. Challenges: It has been tough for Fraser's company to acquire the market here in the U.S. He's had to heavily educate the market (contractors and homeowners) because Bolster is such a new idea. Consumers tend to think that the idea of their contractor being backed is almost too good to be true. Acquiring the Market: Initially, what the company did was partner with the American Institute of Architects, but it didn't produce the results that Fraser was looking for. Then, they tried going through real estate agencies, which was mildly successful. Bolster did receive a lot of press but there were complications with the overflow of people reaching out and they struggled with capturing and nurturing their audience. They soon came to realize that by helping the contractor sell the product themselves, it gave Bolster and the contractors a great advantage in competition. Team Size: There are about 5 people who work closely with the company, but Fraser does not want to grow the company size until he is confident in scaling it successfully. He's been there before: believing in a solution to the problem, but then finding out that the market/sales approach was wrong which caused them to back-pedal. Fraser is more focused on helping the market first and winning contracts before he increases the company size. End Game: Fraser really sees Bolster as the remodeling solution for the contractor from end-to-end. He wants to help contractors market themselves, give them back-end tools, measure their performance, and essentially turn them into super contractors. He also wants to be able to set up individual sites for contractors with a back office to help manage their customers. Fraser wants to become the brand for the contractor more than a brand for the consumer. Advice for Entrepreneurs: Assume your idea is wrong. Go out, analyze your market, and gather the data for your product. If you can test your assumptions in a light way (more than just surveys, and talking to people) you will have a much better idea of the potential of your company. It's important to go out and help your potential customers, figure out what their pain points are, learn how you can help them, and then help them create a service from it. Subscribe to the Outlier Newsletter: Click HereConnect With Fraser:Website | @GetBolster | @FraserPatterson | LinkedIn | About.meIf you enjoy Outlier On Air, please Subscribe &amp; Review on iTunes or Stitcher Sponsors: sourceBOLD NEED A DEVELOPER?

"If you have a great idea, shout it from the rooftops and convince everyone it does work." - Fraser Patterson About: Fraser Patterson- Founder and CEO of <a href="http://www.getbolster.com" rel="nofollow" target="_blank">Bolster</a> Bio: He’s been a carpenter and award-winning general contractor in the U.K.; a guest lecturer in entrepreneurship and business incubator executive at <a href="http://www.centro.edu.mx" rel="nofollow" target="_blank">Centro</a>, an architecture and design university in Mexico; a mentor to various startups for <a href="http://www.endeavor.org" rel="nofollow" target="_blank">Endeavor</a>, a global non-profit that supports high-impact entrepreneurs in emerging markets and the founder and C.E.O. of OnisVida, a company that helps homeowners manage their remodeling projects with finance from <a href="http://portal.infonavit.org.mx/wps/wcm/connect/infonavit/inicio" rel="nofollow" target="_blank">Infonavit</a>, Latin America's largest mortgage lender. Overview: Fraser is an innovative carpenter who is transforming the home remodeling space. With a background in math and physics, Fraser is changing the lives of homeowners and contractors for good. <a href="http://outliermagazine.co/wp-content/uploads/2015/04/fraserpatterson_1380996232_63.jpg" rel="nofollow" target="_blank"></a>Highlights: Background: Fraser began working as a carpenter in Scotland, while also studying math and physics. During this time in his life, he continually thought there had to be a better way to remodel. Eventually, Fraser became a general contractor, grew very quickly, won Ikea as a strategic partner, won numerous awards, and then the economy crashed in 2008. From there, Fraser moved to Mexico and was offered a position teaching entrepreneurship at the Architecture and Design University in Centro, Mexico. While there, Fraser suggested starting a business venture for these students and met with the head of endeavor at Mexico who then got involved in helping Fraser start this business venture. Then, one day, Fraser got a call from the Mexican government asking if he could help solve the remodeling process. With the help of Infonavit (Latin America´s largest mortgage lender) Fraser was able to implement Mexico’s first home remodeling insurance platform in partnership with <a href="http://portal.infonavit.org.mx/wps/wcm/connect/infonavit/inicio" rel="nofollow" target="_blank">Infonavit</a> , HSBC Mexico and Aserta. After proving to be successful, Fraser decided to take this idea to the U.S. and started Bolster with his co-founder Ana. What is Bolster: Bolster is a start up company in the home remodeling space. They've invented the first affordable performance bond for small construction projects. They provide the consumer with the contractor who has been vetted by them, and backed by an insurance company that literally guarantees they will finish the project according to the terms of the contract. And if, for any reason, that contractor fails the insurance company will find another contractor and make up the financial difference of bringing on another contractor. The process to vet a new contractor only takes about 24 hours. Bolster is completely in charge of handling all the paperwork/contract for the consumer's project. Challenges: It has been tough for Fraser's company to acquire the market here in the U.S. He's had to heavily educate the market (contractors and homeowners) because Bolster is such a new idea. Consumers tend to think that the idea of their contractor being backed is almost too good to be true. Acquiring the Market: Initially, what the company did was partner with the American Institute of Architects, but it didn't produce the results that Fraser was looking for. Then, they tried going through real estate agencies, which was mildly successful. Bolster did receive a lot of press but there were complications with the overflow of people reaching out and they struggled with capturing and nurturing their audience. They soon came to realize that by helping the contractor sell the product themselves, it gave Bolster and the contractors a great advantage in competition. Team Size: There are about 5 people who work closely with the company, but Fraser does not want to grow the company size until he is confident in scaling it successfully. He's been there before: believing in a solution to the problem, but then finding out that the market/sales approach was wrong which caused them to back-pedal. Fraser is more focused on helping the market first and winning contracts before he increases the company size. End Game: Fraser really sees Bolster as the remodeling solution for the contractor from end-to-end. He wants to help contractors market themselves, give them back-end tools, measure their performance, and essentially turn them into super contractors. He also wants to be able to set up individual sites for contractors with a back office to help manage their customers. Fraser wants to become the brand for the contractor more than a brand for the consumer. Advice for Entrepreneurs: Assume your idea is wrong. Go out, analyze your market, and gather the data for your product. If you can test your assumptions in a light way (more than just surveys, and talking to people) you will have a much better idea of the potential of your company. It's important to go out and help your potential customers, figure out what their pain points are, learn how you can help them, and then help them create a service from it. Subscribe to the Outlier Newsletter: <a href="http://ctnuv6hz.megaph.com/?embed=true#.VP_hNxUYZmY.twitter" rel="nofollow" target="_blank">Click Here</a>Connect With Fraser: <a href="http://www.getbolster.com" rel="nofollow" target="_blank">Website</a> | <a href="https://twitter.com/getbolster" rel="nofollow" target="_blank">@GetBolster</a> | <a href="https://twitter.com/fraserpatterson" rel="nofollow" target="_blank">@FraserPatterson</a> | <a href="https://www.linkedin.com/pub/fraser-patterson/77/b77/687" rel="nofollow" target="_blank">LinkedIn</a> | <a href="https://about.me/FraserPatterson" rel="nofollow" target="_blank">About.me</a>If you enjoy Outlier On Air, please <a href="https://itunes.apple.com/us/podcast/id773017934" rel="nofollow" target="_blank">Subscribe &amp; Review on iTunes</a> or <a href="http://www.stitcher.com/podcast/outlier-on-air" rel="nofollow" target="_blank">Stitcher</a> Sponsors: <a href="http://lp.sourcebold.com/outlier-offshore-software-developers/" rel="nofollow" target="_blank">sourceBOLD</a> NEED A DEVELOPER?

188: Fraser Patterson - An Innovative Approach to Remodeling