How a Third-Generation Family Business Scaled Past $100M — Featuring Steve Sheinkopf
Release Date: 05/06/2025
The 8-Figure Product CEO
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Randy Covington has been building businesses the old-fashioned way—through grit, long-term thinking, and putting people first. In this episode, we dive into his journey scaling a multi-generational family business into a $100M+ sales machine. Randy shares what it takes to transition leadership across generations, how to keep culture alive while growing, and why staying patient can often beat chasing shortcuts. You’ll hear about: 🟡 The lessons from decades in consumer goods 🟡 How to manage family dynamics without killing the business 🟡 Why clarity and patience are often underrated...
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🚨 From Flipping 100+ Homes to Building a 7-Figure Empire (with Credit) 🚨 Most people see credit as debt. Brandon Elliott sees it as leverage. He didn’t start with money. He didn’t have investors. But he’s flipped over 100 homes, scaled a real estate portfolio across 4 states, and built a 7-figure brand helping others break free from financial stress. In this episode, Brandon breaks down: ✅ How he used credit to fund real estate deals (without hard money) ✅ The “velocity strategy” that turns flips into cash flow and long-term wealth ✅ Why most founders build too...
info_outlineIn this episode of The Eight Figure Product CEO, Luke Peters interviews Steve Sheinkopf, CEO of Yale Appliance. Steve shares the real story behind scaling a third-generation family business to over $100M in revenue, leading with innovation while staying rooted in tradition.
You’ll hear about:
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Building a modern brand inside a legacy business
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Lessons from running a 250+ person team in a competitive market
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How digital marketing and service innovation drove Yale’s growth
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Balancing operational excellence with long-term brand equity
If you're a founder, family business owner, or scaling operator—this episode is packed with practical wisdom you can put to work.