tim pace
Business Model, Theory of Change
Our current business model operates mainly on a Costs plus Percentage Fee basis. As a Builder/Developer, our company provides a complex service that ranges from site selections, financing, architectural and engineering design, feasibility analysis, construction, and, at times, property and asset management. Our potential market size is greater than we can envision for our company. The key levers for growth will be capitalizing on the existing opportunities (annual projects exceeding $50M in our state alone) by scaling wisely through team growth (adding employees), further developing key network relationships that drive deal flow, and focusing intently on understanding our clients' needs better than our closest competitors.
Biggest Organizational Needs
Why? We constantly wrestle with the battle of pursing growth initiatives versus turning down opportunity, yet trying to be content with current capacity. We've felt led by the Lord to not trade any more "time for task". So, when operating at personal max capacity daily, we feel any growth must and should come through one or two processes: either simplification (i.e., tearing something down in order to rebuild in its place) or through delegation of responsibility to free more personal margin and capacity, which will re-direct current energies while maintaining and increasing productivity.
Redemptive Opportunity
We believe that by serving the needs of clients from a place of humility, empathy, and expertise in craft will continue to distinguish our company from others. We primarily serve health care providers. If the experience and end use product don’t translate to adding higher value to our clients, then their patients or staff suffer. Based on feedback from client's, sale reps, and brokers we've worked with, we believe our existing build product sets us apart already. The way to capitalize on market share is to strengthen our complementary services; mainly financing and investment/lease options. By simplifying the process and removing as many hurdles out of the building/development process as possible, our perceived value to our clients is exponentially higher and the financial value to our company can be realized through increased profits. It's a win-win.
Our company has a special interest in creative collaboration and actively seek equity positions and investment opportunities both for and alongside our clients helping many of them also become real estate partners in lieu of tenant/operators.
FELLOW BIO
Education:
BS in Construction Management Technology from Oklahoma State University Graduated 2004
Career History:
2004-2009 Employed in commercial construction in OKC for multiple firms as Project Manager.
2009-Present Self-Employed at Owner/President of TPC Construction Inc. We are a commercial GC primarily focusing on commercial projects in the $0-$5M range, with a special focus on medical and dental. The company thrives on providing high quality and timely completion of projects. Our success is referral based so our key objective is customer services and high end results. Maintaining low overhead our company has been able to maximize profits while keeping prices competitive or even lower than our competition.
Personal History:
I am married to my high school sweetheart who I met in 2000. We have known each other for 21 years and celebrated our 16th wedding anniversary this year (2021). Together, we have four children, two girls and two boys, ages 5-11. My wife and I homeschool our kids. We love spending as much family time together as humanly possible! We enjoy traveling, the lake, and generally being outside and in nature together daily. We are members of Council Road Baptist Church. Our personal hearts for ministry lie at home with our family along with my wife and I both dedicating time independently to men’s and women’s groups we co-lead regularly with other close friends and mentors