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Episode #73

Rebuilding Old Applications: How to Know When It’s Time to Replace Outdated Software

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In this episode of Tales from the Pros, Michael Georgiou and Eric Lawrence dive into a topic every growing business eventually faces — when to stop patching old systems and start rebuilding from the ground up.

Many organizations cling to outdated software because rebuilding feels risky — too costly, too disruptive, or simply too big to take on. But as Eric and Michael explain, the real cost often lies in holding on. Slow performance, fragile integrations, and technical debt can quietly drain resources and block growth.

Drawing from real client stories and years of experience helping businesses modernize their technology, they unpack how to recognize the warning signs, what an audit should uncover, and how to make the decision to rebuild with clarity and confidence.

If your systems are slowing you down, this conversation will help you see rebuilding not as failure — but as a chance to evolve, scale, and future-proof your business.


🎯 Highlights You Won’t Want to Miss

  • Why holding on to outdated systems costs more than rebuilding – 02:10
  • The fear of letting go: why companies resist modernization – 03:30
  • The three main paths after a system audit (stay, white-label, rebuild) – 07:30
  • Real-world examples of outdated tech still running critical operations – 10:45
  • The mindset shift every organization needs before a rebuild – 13:58
  • How rebuilds boost scalability, team morale, and long-term ROI – 18:12

🎧 Listen and Subscribe


🗂 Topics We Cover

  • How to tell when your tech is holding your business back
  • What a proper system or code audit should include
  • The hidden risks of technical debt and patchwork fixes
  • Signs your platform is past its prime — and what to do about it
  • How to evaluate rebuild vs. rework decisions
  • Why mindset and internal alignment are critical before rebuilding
  • The long-term benefits of modernization — from scalability to team morale

💡 Takeaways

  • Outdated software quietly drains growth and efficiency.
  • A rebuild is often the smarter long-term investment.
  • Conducting an audit helps you choose the right path — stay, migrate, or rebuild.
  • Modern platforms improve not just performance but internal collaboration.
  • Rebuilding isn’t about failure; it’s about creating a stronger foundation.
  • Mindset alignment across teams is crucial for a smooth rebuild.
  • Innovation requires letting go of what no longer serves your business.

⏱️ Chapters

00:00 Welcome and Episode Overview
01:38 Why Businesses Hold On to Outdated Software
04:57 The Fear of Rebuilding and What’s Behind It
07:34 The Three Paths After an Audit
10:16 Real Examples of Legacy Systems Holding Back Growth
13:58 The Mindset Shift for Modernization
15:59 Choosing the Right Partner and Internal Stakeholder
18:12 The Long-Term Benefits of a Rebuild
20:44 Closing Thoughts and Key Takeaways

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Meet The Host

Michael Georgiou is the Co-founder at Imaginovation and the podcast host of Tales from the PROS. As an entrepreneur and business leader, he is passionate about sharing stories that inspire innovation and growth.

Eric Lawrence is the Director of Growth at Imaginovation. As co-host of Tales from the PROS, he brings years of experience working directly with clients seeking software and application development solutions. His insights help businesses understand what to look for in a development partner and how to set projects up for success.

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iThumes reviews
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One of the best business podcasts! 🚀

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01/31/2022PanosGLuvsSpurs

I have listened to several business podcasts over the years and I have to say that Tales from the PROS is within my top three favorites. Michael does a GREAT job creating an authentic and real conversation and atmosphere with the amazing guests he has on the show. If you want to learn about the realities of business, insights on how to be successful, the power of storytelling, and how overcome the business struggles that life throws at us, then this podcast is for you. I highly recommend checking it out and be ready to learn and be inspired! 🎙🎯

Amazing insight!

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03/09/2022Tragic Windows lol

Michael is a great host and I really enjoy listening in on the conversations he has with business leaders. This podcast is great for anyone wanting to borrow ideas for their own business and looking to expand professionally!

An Educational Delight

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09/22/2021svm29977

This podcast presents fascinating insight into the world of business and entrepreneurship. I am in no way, privy to these topics and have found these interviews to be incredibly educational. Michael talks with trailblazers from all walks of the business world and I am here for it!!!

Love “Tales from the PROS”!

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09/07/2021ENFBusiness85

Michael Georgiou is a thoughtful and engaging host who chooses such a fascinating group of interviewees for his podcast! All of the thought-leaders, entrepreneurs, and business pros Michael invites on are exemplary in their fields and on the vanguard. I love listening to “Tales from the Pros” for inspiration and also a well- rounded and entertaining session. I highly recommend getting hooked on this podcast!

Mr podicast

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09/01/2021Chris Utke

Michael’s podcast’s are amazing and very inspiring. As his best friend I’ve seen the great times and the struggles of Michael building his company. He has put sweat and blood into his company and I couldn’t be prouder of him. These podcasts are great to see and anyone would be so lucky to be on it. Mike keep grinding and you are doing amazing things in life brother!!!

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