C. David Moody Jr.: From Humble Beginnings to Construction Magnate

C. David Moody Jr., a Howard University alum with a Bachelor of Architecture degree, has been a prominent figure in the construction industry since 1987. Leading C.D. Moody Construction, an Atlanta-based venture, Moody’s journey is a testament to perseverance and strategic financial management.

Early Career and Launch of C.D. Moody Construction

Before founding his company, Moody gained valuable experience as a staff architect and field engineer at Bechtel Power Corp. In his early 30s, he decided to take a leap of faith and start his own business. With a small team of three and minimal capital, Moody and his wife borrowed a couple of thousand dollars to get C.D. Moody Construction off the ground.

Turning Down Michael Jordan

In a surprising revelation, Moody once turned down an investment offer from NBA legend Michael Jordan. At the time, Moody was focused on maintaining control over his company and was not interested in bringing on stakeholders.

Financial Wisdom and Growth

Moody credits his financial prudence to advice from his father, a professor and later vice provost at the University of Michigan. “My dad grew up in the depression, and things were tight. He always taught me to save, even if it was just $10,” Moody shared. This mindset helped him reinvest earnings back into the business, ensuring its growth and stability.

Achievements and Milestones

Over the years, C.D. Moody Construction has significantly improved its financial positioning. The company has landed prestigious clients such as Disney and Home Depot and has been involved in major projects like the Olympic Stadium, Morehouse College Leadership Center, Turner Baseball Field, and Philips Arena. From an initial revenue of $1 million annually, the company has scaled to an impressive $70 million annually.

Legacy and Impact

By 2020, C.D. Moody Construction had completed over 200 commercial projects valued at nearly $3 billion. Moody’s story is not just about business success but also about the importance of financial discipline and the impact of sound advice.

I hope this captures the essence of C. David Moody Jr.'s inspiring journey! If you need any adjustments or additional details, feel free to let me know.

Source: Afrotech.com