During his college years, Matt Powell’s definition of success was shaped by the fast-paced world of Wall Street, where he immersed himself in the art of selling family businesses. The emphasis was always on the numbers: how to streamline, cut costs and maximize profits for the next big deal.
But as Powell delved deeper into this world, he began to see its limitations. The relentless focus on doing more with less made people miserable, and the human aspect of business was lost in the pursuit of short-term gains. After five years in this environment, he realized he wanted something more meaningful.
During this period of reflection, Powell called his grandfather, expressing his desire to be part of something that truly cared for its people. This pivotal moment brought him back to his family business, where he saw the opportunity to lead with a different approach – one that values long-term success, human flourishing and the creation of a positive workplace culture.
“Under Matt’s leadership, the family business has flourished, becoming a place where employees, customers, and stakeholders feel valued and inspired,” said his staff. “His journey from Wall Street to becoming a fourth-generation leader in his family business is a testament to his belief that the true measure of success is found in the people you work with and the time you spend together.”
At Century Companies, success is measured in centuries. Since 1917, the firm’s longer time horizon has lifted the company off the conventional treadmill of success and on a journey of significance, putting people first, then profits. Its vision is to become the most trusted specialty contractor for safety and security.
The results of Powell’s leadership are tangible. Under his guidance, the company has experienced impressive growth. The top line has quadrupled, and the bottom line has grown tenfold. Just two years ago, the company operated out of four locations with limited technology, relying on typewriters and mail-in timecards. With Powell at the helm, the organization has transformed into an industry leader, embracing advanced technologies like SQL databases and CRM systems.
Powell’s influence extends beyond financial metrics; he has created a culture where every team member feels valued and invested in the company’s success. According to his staff, his leadership is defined by his ability to bring out the best in those around him, his vision for the future, and his unwavering commitment to the values that have guided his family business for generations.
“The greatest form of leverage as a leader is to learn from those who have come before us,” said Powell.