The Construction Leading Edge Podcast

Todd Dawalt
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Aug 31, 2022 • 45min

Are You Headed for a Tipping Point? | E259

EPISODE 259: Is your business headed for a tipping point? Are you personally approaching a tipping point? Over the next few minutes you're going to go through our 12 point assessment to help you find out. What you'll take away from this construction podcast episode: What does it look like when you hit a tipping point in your business? A 12 point assessment to determine if you or your business is approaching a tipping point. How Starving Horse Syndrome shows up. Symptoms that your team could be in a red line condition. Some examples of stress-induced health issues I've discussed with construction business owners recently. What the stress of your business could actually be doing to your family. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com Hover - Accurate measurements, collaborative design tools, and dependable estimates are all ways HOVER helps you serve your customers better and improve your operations to grow your business. https://hover.to/
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Aug 22, 2022 • 33min

Designed to Fail: Why 80% of Construction Businesses Have No Value | E258

EPISODE 258: Why do 80% of construction businesses have zero terminal value? How are they designed to fail? What are some lessons from IBM and old iPhones? What can you do to avoid spending 30 years building something you can't let go of? What you'll take away from this construction podcast episode: Why 80% of construction businesses will never sell. An example of a very profitable construction business that was designed to fail. How a business can be like a hostage situation. A few indicators that your business is a victim of planned obsolescense. How your business will be valued when you try to sell it. 3 reasons IBM was successful. What "right to left thinking" looks like for big picture strategic planning. 6 mistakes to avoid so you don't spend the next few decades building something that's unintentionally designed to fail. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com Hover - Accurate measurements, collaborative design tools, and dependable estimates are all ways HOVER helps you serve your customers better and improve your operations to grow your business. https://hover.to/
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Aug 15, 2022 • 59min

The 8 Hour Work Week: How Monish Khadye Did It | E257

EPISODE 257: What you'll take away from this construction podcast episode: Is it possible to run a construction business that doesn't consume your life? Is it possible to own a business and work less than 40 hours a week? You may be surprised at how many hours Monish Khadye is working on his business now. Why he hated his business in May 2021. The mindset change you need to be prepared for if you want to change your business. The before and after pictures of his business. How he changed his mind about growing his business. The most impactful systems that gave him the most bang for the buck. Some of the unexpected side effects of systematizing his business. Why he has joined our team as a coach to help others systematize their business too. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com Hover - Accurate measurements, collaborative design tools, and dependable estimates are all ways HOVER helps you serve your customers better and improve your operations to grow your business. https://hover.to/
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Jul 18, 2022 • 58min

Repossess Your Time with the CEO Schedule | E256

EPISODE 256: Your time is one of your company's most valuable resources. How are you being robbed of time, what is "sanctioned procrastination," and how do you take back control of your time? What you'll take away from this construction podcast episode: Three strategies to take back control of your time. Sanctioned procrastination, and how you might be guilty of it. Four things that are robbing you of your time. A few myths about time management. How to use batching to wrestle control of your time back into your hands. The person who is really to blame for your productivity. The connection between your calendar and anxiety. The problem with the question, "You staying busy?" Why your team is counting on you to use your time wisely. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com Hover - Accurate measurements, collaborative design tools, and dependable estimates are all ways HOVER helps you serve your customers better and improve your operations to grow your business. https://hover.to/ Delegate to Elevate: Free ebook from Belay Solutions - https://resources.belaysolutions.com/edge
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Jul 11, 2022 • 54min

Side Effects of a Poorly Designed Organization & Starving Horse Syndrome | E255

EPISODE 255: Is the chaos on your projects and frustration with your team a result of unclear roles and responsibilities? What are the ripple effects on your team, customers and trade partners? What are some unexpected good side effects of a good organizational design? What you'll take away from this construction podcast episode: The symptoms of unclear roles and responsibilities in an organization. Starving horse syndrome, and how it shows up. The ripple effect of unclear roles and responsibilities on company culture and your customers. What happens when your customers lose confidence. One reason you may never be able to sell your business. What happens when a business gets small again, according to the book The E-myth. The unexpected side effects of doing the work to create your Accountability Chart. What it could look like when you design your organization for the future. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com
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Jul 4, 2022 • 1h 19min

Forgetting What You Know and Hitting the Reset Button with Phil Coe | E254

EPISODE 254: Phil Coe voluntarily hit the reset button on his residential renovation business recently. Why did he do it, and how did it work out? How has his perspective on his business changed in the past few months, and what did he do to achieve that? What you'll take away from this construction podcast episode with Phil Coe, owner of Revision Built, a residential renovation company in Ottawa, Ontario. How he knew he needed to hit the reset button on his business. Building relationships is more important than the bottom line. When it's time to forget what you already know Keys to working with trade partners and the success he's experienced. The connection between your customer's problems and your ability to charge a premium Phil's advice for you if you're thinking about hitting the reset button Commercial work can be a race to the bottom The problems he was facing that led him to join our coaching program, and the results he's experienced His biggest lesson from a few decades in the business The brilliant way he uses his Airbnb townhouse Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com How to connect with Phil Coe and Revision Built: Company website - http://www.revisionbuilt.com Instagram - https://www.instagram.com/revisionbuilt/
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Jun 27, 2022 • 60min

How to Get a Check from the IRS for Your Employee Retention Credit with Catherine Tindall | E253

EPISODE 253: How to Get a Check from the IRS for Your Employee Retention Credit with Catherine Tindall Catherine Tindall is an entrepreneur, CPA and partner with Dominion Enterprises. She specializes in advanced tax reduction and is an expert on the employee retention credit, which is what this episode is all about. What's in it for you? If you own a business, work for a business, or know someone who owns a business, this episode could be worth a lot of money. What is the Employee Retention Credit, and why does it exist? How the Employee Retention Credit is different from PPP or EIDL. How to determine if you might qualify. Some common misconceptions about ERC. A few case studies of businesses that received substantial checks for the ERC. The deadline when the Employee Retention Credit will go away. Resources mentioned in this construction podcast episode: See if you qualify for the Employee Retention Credit - https://dominiones.com/ Get Out of Your Business: Make it Run Without You This Year - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com
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Jun 22, 2022 • 1h 8min

Constraints Make You More Effective & Using Marketing as a Lever with Spencer Powell | E252

EPISODE 252: Are you wasting marketing dollars? How can you use your website as a "lever" to automate your sales process? What's the 80/20 on marketing activities you should be focused on now, even if you're busier than ever? Listen to my conversation with Spencer Powell to learn all that and more. What you'll learn about in this construction podcast episode with Spencer Powell: Using marketing as a lever for adjusting lead flow. What you could be wasting your marketing dollars and energy on. How people really find you online. The 80/20 on marketing activities, and the question you need to answer first. What you can focus on now to strengthen your position during the next downturn. The biggest group of people you want to market to, that no one else is talking to. How to use lifestyle content to build relationships with future clients. How to use your website during the sales process. How can busy construction business owners leverage automation? How to say "No" gracefully. How creating constraints can make you more effective. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year - www.constructionleadingedge.com/getout Apply to Work with Todd Dawalt's Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Delegate to Elevate: Free ebook from Belay Solutions - https://resources.belaysolutions.com/edge Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com How to connect with Spencer Powell: Builder Funnel Website: https://www.builderfunnel.com/ Builder Funnel Radio Podcast: https://www.builderfunnel.com/builder-funnel-radio
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Jun 6, 2022 • 55min

Red Flags You Could Be Overpaying for Workers Comp & How to Get Your Money Back with Scott Priz | E251

EPISODE 251: How do you know if you're getting overcharged for your workers comp premiums? If you are 100% happy with the checks you're writing for workers comp, and feel great about how much you're paying…you should probably skip this episode. What you'll take away from this construction podcast episode with workers comp overpayment recovery specialist Scott Priz: There's a 30% chance you're getting overcharged for workers comp, and what to do about it. What a "shock" audit can look like, and how it could bankrupt you. Some of the pitfalls to watch out for that can create gigantic increases in premiums. How insufficient documents open the door to insurance companies doing what they want. Red flags that you could be getting overcharged. The two most common reasons contractors get overcharged. (Time tracking) The biggest errors made during an audit, that you need to know about. A few things your insurance company is allowed to do to you if you don't cooperate. The importance of your experience modification factor, and how to get it lowered. One way your experience modification factor can prevent you from bidding on work, and in extreme cases put you out of business. How to get your hard earned money back. Resources mentioned in this construction podcast episode: Contact Scott and our overpayment recovery partners - www.constructionleadingedge.com/recover Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Apply to Work with Our Team to Systematize Your Construction Business: www.constructionleadingedge.com/apply Delegate to Elevate: Free ebook from Belay Solutions - https://resources.belaysolutions.com/edge Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com
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May 31, 2022 • 1h 5min

How Navy SEALS Would Build Houses, Mantras & Attacking the Housing Shortage with Garrett Moore | E250

EPISODE 250: Garrett Moore is a former Navy SEAL, and the founder of Agorus, a company tackling the housing shortage, the labor shortage and using software and robotics to build houses in days instead of months. Here's what you'll hear about in this construction podcast with Garrett Moore: How would a team of Navy SEALS build 500 houses. Misconceptions about being a NAVY SEAL. The biggest killer of teamwork. Amateurs train until they get it right and how pros train. How the Pareto principle applies to skilled trades training. Commander's Intent and how you can use it. The North Star principle. Being stubborn on vision flexible on details. Risk avoidance vs. ownership, and which one creates a low trust environment. Trust allows decentralized command. Who goes first with trust? Why mantras are effective, and a few good ones to remember. What's better than carrots and sticks? How being lukewarm hurts culture. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout Systematize Your Construction Business Results Program - Apply to work with us: www.constructionleadingedge.com/apply Raken - Get the data you need to build better projects with an app your field crews will actually use - https://www.rakenapp.com How to connect with Garrett Moore, founder of Agorus: Company website: https://agorus.com/ LinkedIn: https://www.linkedin.com/in/-garrettmoore-/

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