The Construction Leading Edge Podcast

EPISODE 249: Should you set company goals by yourself? What happens when a business acquisition goes wrong? How can a lack of SOPs kill a job instantly? How is Jeremy Flaten, owner of Jerco Construction, actually getting young people interested in the skilled trades? What you'll take away from this construction podcast episode with Jeremy Flaten, owner of Jerco Construction: One of the greatest perks of being a business owner that might surprise you. How Jeremy uses hockey to get young people in the skilled trades. Why you should never set goals by yourself. How Jeremy is using Execution Plans to create a path to success with his team. How to use social media, even if you hate social media. How a business acquisition went wrong, and what Jeremy learned from it. The business case for a clean jobsite. What happened when Jeremy's team started putting systems in place. Not having SOPs can kill a job instantly. If you're not trying to better your business every day, you shouldn't be in business. Running a business is like coaching in real life. How life is different after working in our coaching program. 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 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 Jeremy Flaten: Facebook - https://www.facebook.com/JerCoConstruction Instagram - https://www.instagram.com/jerco2008/ Youtube - https://www.youtube.com/channel/UCP3T9cmOLxa9ylTcfVx97qw

EPISODE 248: Here's what you'll take away from this construction podcast episode with Brady Fry, owner of Fry Classic Construction in Nashville: What's better than timely communication? How his experience in the music industry helped him deal with construction issues. How to pave a wide path to success for your team. Why Brady strategically stopped using the word "estimate." Don't negotiate against yourself during a project. There are no casual conversations with clients. Talent wants to be on a winning team. The first person guy to get mad usually loses. Figuring out the people is a lifetime endeavor. How important psychology is to being a business owner. Why a really talented person may not want to start their own business. The virtuous cycle of hiring talented people. 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 3 Questions To Get Paid for Estimates: Don't write up another free estimate until you watch this free training video - www.buildermasterclass.com/script How to connect with Brady Fry: Instagram - https://www.instagram.com/fryclassicconstruction/ Website - www.fryclassicconstruction.com

EPISODE 247: What you'll learn about in this construction podcast episode with Todd Dawalt and our Director of Customer Success, Leyah Valgardson: Top 5 fears you'll need to push through to grow your business. How business owners tend to get in their own way. Are you "shoulding" all over yourself? Harmony vs. Balance. Practical tips to stop screwing yourself over. What's in it for you in the Systematize Your Construction Business program. 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 Delegate to Elevate: Free ebook from Belay Solutions - https://resources.belaysolutions.com/edge

EPISODE 246: How do you feel about the amount of hard earned money you pay to the federal government in taxes? If there was a federal program designed to reduce your tax liability, but you didn't know about it, would you want to take advantage of it? This episode is about overpayment recovery and will pull the curtains back on federal tax credits that could be available to you. Credits that a lot of CPA's don't know about, or won't dig into. Tax credits that a lot of small and medium sized construction businesses are taking advantage of. In this construction podcast episode, you'll hear my interview with Justin Rupple, a Tax Incentive Specialist answer a few questions, including: What are some of the little known tax credits that are available to construction business owners? How much money is being left on the table every year by the average construction business? Why is it that a lot of CPAs don't know about, or go after these tax credits? Who are some of the construction businesses who have recovered their overpayments, and how much did they get back? How does the process of recovering your overpayment work, and what's the first step? What is this tax credit program, and why does it exist? What is the biggest reason most small businesses miss out on these tax credits? Resources mentioned in this construction podcast episode: Take the first step to recover your tax overpayments - www.constructionleadingedge.com/recover Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout

EPISODE 245: What you'll learn about in this construction podcast episode: If you're delegating tasks, what you should be delegating instead. How to use the DOA concept to speed up decision making What can cost more than a wrong decision One of the myths that needs to be debunked about delegation Why you should divorce communication and accountability The 5 levels of delegation What good delegation will allow your team to find, that's probably been there all along A lesson from a 1990's hip hop song 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 CompanyCam - The photo app every contractor needs - https://companycam.com/cle

EPISODE 244: What you'll learn about in this construction podcast episode: The "second set of eyes" concept. Advice for second generation business owners. What is exponentially more important in a family business. How a train is always failing. Why and how to depersonalize failure, and even celebrate it. Problems caused by having the company vision and process locked away in his head. When the best way to be profitable is not to focus on profitability. The "Flex Track" and the problems it can solve for you. 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 CompanyCam - The photo app every contractor needs - https://companycam.com/cle How to connect with Mikhail Gannage: Company website - https://www.gannageconstruction.com/ Facebook - https://www.facebook.com/gannagedesignconstruction Instagram - https://www.instagram.com/gannageconstruction/

EPISODE 243: "Why won't my team take ownership and solve problems on their own? Why does every problem land back in my lap?" You could be surprised to find out what (and who) the real problems are. What you'll learn about in this construction podcast episode: The real reasons your team may not be taking ownership and solving problems on their own. How you may be your own worst enemy. The question your team desperately wants an answer to. What, Why and How: Which should you focus on, and which should you stay out of. The danger of having a specific mindset. Resources mentioned in this construction podcast episode: Delegate to Elevate: Free ebook from Belay Solutions - https://resources.belaysolutions.com/edge Get Out of Your Business: Make it Run Without You This Year -Free online training workshop - www.constructionleadingedge.com/getout

EPISODE 242: What you'll learn about in this construction podcast episode with Levi Benkert, Founder/CEO of Harbor Capital: Levi's advice if you need to hire someone smarter than you. What he learned from being a production homebuilder when 2008 hit. Why he focuses on buying real estate and avoids building it. The difference between Just in Time and Just in Case delivery, and the impact on industrial real estate. Why "I have no idea what's going to happen next" is a great approach to the future. The business case for extending the space between stimulus and response. What happens when you take ownership for problems. How to prepare for a Black Swan event in your business. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year - www.constructionleadingedge.com/getout CompanyCam - The photo app every contractor needs - https://companycam.com/cle How you can connect with Levi Benkert: Company website: www.harborcap.com Twitter: https://twitter.com/Levijameshere

EPISODE 241: What is the Law of Compensation? How do you know if you're even solving the right problem? What if you don't even understand what you're disagreeing about? Are you about to start a business that's a waste of time? What if you're about to lose a good employee but you could avoid it? In this episode you'll learn one of the most important questions you can ask in 8 crucial situations. In this episode you'll learn about 8 situations you may want to ask this question: "What the #$%& is the REAL problem?" When you find yourself in any sort of disagreement or negotiation If you're planning to start a business. If you want to make more money as an employee. Why you want to ask it when you're selling. Problems you can avoid when you think you have an employee performance issue. A few situations you may be dealing with, where the real problem isn't so obvious. You'll also learn about the Law of Compensation. Resources mentioned in this construction podcast episode: CompanyCam - The photo app every contractor needs - https://companycam.com/cle Apparatus Contractor Services: Offload Your Bookkeeping Headaches - www.goapparatus.com 3 Questions To Get Paid for Estimates: Don't write up another free estimate until you watch this free training video - www.buildermasterclass.com/script Get Out of Your Business: Make it Run Without You This Year: Free online training workshop - www.constructionleadingedge.com/getout

EPISODE 240: Here's what you'll get out of this construction podcast episode: 3 things that determine how much your business is worth to an investor. How long should you expect to stick around after you sell your business? Why you should never list a price on your business. Who actually determines what your business is worth? Who is willing to pay a premium to buy your business? The one surprising thing you need to know when you go to market. Biggest mistake owners make when they try to sell it. A few things to look at when considering a buyer. Benefits of putting your business on the market the moment you're thinking about selling. When you should start thinking about your exit strategy. #1 thing to increase the valuation. Constructive criticism is self love. #1 mistake to avoid when selling. When you need to make sure and maintain focus when selling your business. Resources mentioned in this construction podcast episode: Get Out of Your Business: Make it Run Without You This Year - www.constructionleadingedge.com/getout CompanyCam - The photo app every contractor needs - https://companycam.com/cle Schedule a Strategy Call with Todd's Team - www.constructionleadingedge.com How to connect with Kimia Shadrokh of EBIT Associates LTD: Company website: www.EBITassociates.com Email: kshadrokh@ebitassociates.com