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Industry InsightsStone & Tile Events

Best Business Practices for Fabricators Post-Pandemic

Tom Shay, a fourth-generation small business owner, shares tips on how to operate a business after the shutdown

By Jennifer Richinelli
image00001.jpg
Photo by Jennifer Richinelli
January 31, 2023

During a breakout session at Total Solutions Plus (TSP) this fall, which was held at the Hyatt Regency Indian Wells Resort & Spa in Indian Wells, CA, fourth-generation small business owner Tom Shay discussed how to conduct business post-Pandemic. “Business continues to change,” he said. “We do not play by the same rules we use to.”

Shay went on to say there is a need to change because everyone is different now. “We had to learn to do things differently because we were shut down,” he said. “We had to learn how to adapt.”

With that concept in mind, Shay asked the crowd, “Why would you go back to what you did in 2019?” “Your customers’ way of thinking has changed,” he said. “You cannot just grow your business for the sake of it. You have to have a plan.”

Shay shared a story about his friend who told him he was “riding along with the economy,” when Shay had asked him how his business was faring. “I said to him, ‘You understand that as much as you have been bragging about riding along with the wave; your wave is like that in the ocean. When it comes to the shore, the wave dies down and it is over and done with. That is how you are facing what is going on with the economy right now?’”

Those whose business received a significant boost from what occurred need to keep the momentum going, according to Shay. He said there are several questions to ask yourself: What am I doing with it? What am I changing in my business and the way that I am doing things to say this wave is going to continue? How am I going to make it continue?

“The pandemic has lost the big effect that it had on people, but they still have changed in the way they act and do,” said Shay. “When our business has gone up that much, it is not a sign that we are all of a sudden a better business operator. We just rolled along with what happened with business and the sad part is the person who realizes something happened but doesn’t do anything to say I am going to find a way to continue this [won’t succeed]. This is all because customers are interested in something different than they were before.”

Shay instructed the audience to consider how they can capitalize on the “wave.” To continue to move forward with a successful business, owners need to figure out how to capture the trend and relate it to their own business.

KEYWORDS: Best Business Practices Post-Pandemic Tom Shay

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Launching her career with BNP Media in 1996, Jennifer Richinelli is the Editor-in-Chief of Stone World, a leading publication serving the global stone and tile industry. With a strong background in journalism and trade publishing, she oversees the magazine’s editorial direction, delivering in-depth coverage of industry trends, innovative technologies, architectural applications and breaking industry news.

Throughout her career, Jennifer has built a reputation for connecting industry professionals with valuable insights, highlighting the work of fabricators, designers, architects and other industry leaders. Known for her thoughtful editorial voice and commitment to quality content, Jennifer continues to play a vital role in shaping conversations within the stone industry while fostering a platform that celebrates craftsmanship, innovation and design excellence.

In 2010, the Spanish Ceramic Tile Manufacturers’ Association (ASCER) awarded Jennifer with the International Journalism Award for her extensive coverage of the Spanish tile industry. Additionally, she was the recipient of the 2026 Coverings Champions People’s Choice Award.

email: richinellij@bnpmedia.com | office: (201) 245-5204

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