Many consumer goods are manufactured in factories. Houses are starting to be built off-site, too.
Andrew Weinreich, a serial entrepreneur and contributor to Forbes, says that compared to traditionally built structures, modular and factory-built homes are easier to customize, and faster and less complicated to construct.
There are two types of approaches to factory-built homes: kit builders, who haul pre-cut and pre-sized material and build a house on site, and modular builders, who assemble houses in a factory before shipping them in full to their destination.
Weinreich pondered the future of factory-built homes and waits for a forward-thinking innovator to take the homes to the next level.
Over the past 20 years, I’ve found that the disrupters of the biggest industries have been people with no experience in the industries they were disrupting, such as Steve Jobs, Elon Musk, and Jeff Bezos. If there was going to be a massive disrupter, the next global behemoth in this space, I thought it likely to be founded by a technologist.