The Construction Leading Edge Podcast

EPISODE 219: What you're going to hear about in this construction podcast episode with Kevin Oakley of Doyouconver.com: - How to avoid "selling yourself into bankruptcy." - Why advertising has zero momentum. - Tips on talking to your customers about problems caused by material delays and price increases. - What's happening with the Build to Rent market. - The most interesting trends Kevin is seeing with builders across the country right now. - Why now is a good time to pace yourself, no matter how badly you feel like you need to grow. - Some of the biggest mistakes many contractors are making, that you want to avoid. Resources mentioned in this construction podcast episode: STRUXI Labor Productivity Software - https://struxi.com 3 Questions to Help You Get Paid for Estimates - https://buildermasterclass.com/script Mastermind Group for CoConstruct Users- https://buildermasterclass.com/cogroup Schedule Your Strategy Call with Todd Dawalt - https://buildermasterclass.com/apply How to connect with Kevin Oakley: Company website: https://www.doyouconvert.com/ Linkedin: https://www.linkedin.com/in/kevinoakley/ Twitter: https://twitter.com/koakley81

EPISODE 218: How did a moped accident set Connor Crook up for success? Why did an attorney buy a toolbelt company, and why is having an audience such a great idea? What you'll hear about in this construction podcast episode with Connor Crook, CEO of Diamondback Tool Co.: - Why should a business create an audience, and how do you go about building that audience? - Connor's process for creating new products, and why you might want to try it. - How do you know when to say no? - Some bad jokes about being an attorney with the last name Crook, and how he ended up owning a toolbelt business. - They Diamondback is doing about helping the skilled labor shortage. - The difference between IG and LI marketing - How a moped accident changed his life and set him up for success. Resources mentioned in this construction podcast episode: STRUXI Labor Productivity Software - https://struxi.com 3 Questions to Help You Get Paid for Estimates - https://buildermasterclass.com/script Mastermind Group for CoConstruct Users- https://buildermasterclass.com/cogroup Schedule Your Strategy Call with Todd Dawalt - https://buildermasterclass.com/apply How to connect with Connor Crook: Diamondback Tool - https://toolbelts.com/ Instagram - https://www.instagram.com/diamondback.toolbelts/ LinkedIn - https://www.linkedin.com/in/connor-crook-bb82b110/

EPISODE 217: What you'll learn about in this construction podcast episode: - Four steps construction business owners need to take in order to create financial freedom. - Four situations many contractors are stuck in, that you want to avoid. - How to get in the driver's seat with your cash flow. - The difference between insights and information. - Biggest mistakes that lead to "impossibly priced" projects that have no chance of profitability. -Where to start if you have plenty of work and your jobs are profitable, but not enough money in the bank. - Why cash flow problems aren't really problems. Resources mentioned in this construction podcast episode: How to Drive Your Cash Flow - https://buildermasterclass.com/drive Construction Financial Masterclass - https://buildermasterclass.com/cfo

EPISODE 216: Kyle Little is the COO of Sherwood Lumber, one of the largest lumber distributors in the US. What you're doing to get out of this construction podcast episode: - What's going on behind the scenes of skyrocketing lumber prices...that most people don't know? - How the fallout from 2008 connects to what's going on now. - Is this the new norm with lumber prices? - Is there a bubble coming? - What does the supply chain working itself out look like? - How can developer or contractor lock in price for a project in a year? - Transitioning leadership to a new generation - What does the future of the lumber prices look like from Kyle's perspective? - What is Sherwood Lumber doing to help address the problem with lumber prices? Resources mentioned in this construction podcast episode: STRUXI Labor Productivity Software - https://struxi.com Apparatus Bookkeeping Service - https://goapparatus.com Construction Financial Masterclass - https://buildermasterclass.com/cfo How to connect with Kyle Little: Company website - https://sherwoodlumber.com/ LinkedIn - https://www.linkedin.com/in/kyle-little-71547837/

EPISODE 215: What you'll hear about in this construction podcast episode: - 3 DNA statements at Western Allied. - Keys to successful transition of leadership from one generation to the next. - One of Angie's favorite failures, and what she learned about rolling out a new process. - One thing that surprised her about being CEO, and her top priorities in that role. - Unconscious biases. - Angie's advice to young women who want to move into senior leadership. - The difference between diversity and inclusion. - A summer camp she's running to get young people into the trades. - Why helping your competitors get better is good for you. How to connect with Angie Simon: Company website - www.westernallied.com SMACNA - www.smacna.org Let's Talk Shop Podcast - https://podcasts.apple.com/us/podcast/lets-talk-shop/id1462173868 Resources mentioned in this construction podcast episode: STRUXI Labor Productivity Software - https://struxi.com Apparatus Bookkeeping Service - https://goapparatus.com Construction Financial Masterclass - https://buildermasterclass.com/cfo

EPISODE 214: Mike is the CEO of MaterialsXchange, the digital marketplace to buy and sell wood products, bringing e-commerce efficiency to the process. What you'll hear about in this construction podcast episode: -What's going on behind the scenes of skyrocketing lumber prices...that most people don't know? - How John Deere was going to wreck the economy. - The difference between a supply web and supply chain. - Where's all the money going? - What does the future of the lumber prices look like from Mike's perspective? - Difference between a supply web and a supply chain. - Mike explains what he means when he said, "When there's this much money laying around, someone's going to come pick it up." - Democratization of the market, and what it means. Resources mentioned in this construction podcast episode: STRUXI Labor Productivity Software - https://struxi.com Apparatus Bookkeeping Service - https://goapparatus.com Construction Financial Masterclass - https://buildermasterclass.com/cfo How to connect with Mike Wisnefski: Company website - www.materialsxchange.com LinkedIn - https://www.linkedin.com/in/michael-wisnefski-6b32b57/

EPISODE 213: What you'll hear about in this construction podcast episode: - Why Margaret Whelan says we have a process constraint, not a labor constraint. - What's going on with the build to rent product. - How to be a thought leader. - Creating demand vs. adding to supply. - The builders who are disrupting housing. - The best career advice Margaret received. - Why some of the biggest homebuilders aren't really homebuilders. - Why successful builders build every house twice -The biggest risk to the homebuilding industry right now? - What are some things going on at the macro level of the housing industry Margaret is most interested in? -The biggest opportunities builders should prepare to jump on over the next few years. - Autopsy accounting - What you need to do if you want to sell your business. How to connect with Margaret Whelan: Company website - https://www.whelanadvisoryllc.com LinkedIn - https://www.linkedin.com/in/whelanmargaret Resources mentioned in this construction podcast episode: STRUXI Labor Productivity Software - https://struxi.com Apparatus Bookkeeping Service - https://goapparatus.com Construction Financial Masterclass - https://buildermasterclass.com/cfo

EPISODE 212: Ward Schraeder is a venture capitalist who has done bankruptcy turnarounds on 30+ businesses. He's a real estate developer and most recently, host of the HGTV show Bargain Mansions Here's what you're going to get out of this construction podcast episode: - Common factors among 30+ businesses in bankruptcy he was tasked with turning around. - The one reason that led him to shut down more businesses than anything else. - How he analyzes a business venture right off the bat. - How he accidentally became a TV personality. - Failure might be a myth. - What he's learned from working with people in the TV business. - Most common mistakes he sees contractors making. How to connect with Ward Schraeder: Website - https://wardschraeder.com/ Instagram - https://www.instagram.com/wardschraeder/ Vaya Space Rocket Company - https://www.vayaspace.com/ Brookfield Assisted Living in Arkansas - www.brookfieldseniors.com Resources mentioned in this construction podcast episode: GoSite: Take Control of Customer Reviews - https://www.gosite.com/podcast Approval: Get Paid Faster Based on Project Milestones - https://www.withapproval.com Construction Financial Masterclass: Master the financial side of the business - https://buildermasterclass.com/cfo 3 Questions to Help You Get Paid for Estimates: https://buildermasterclass.com/script

EPISODE 211: Here's what you're going to get out of this construction podcast episode with Russ Little, of Jones Lang LaSalle: - Why "Coopetition" is better than competition. - How and why to get started with "relationship mining." - One common mistake to avoid when you start working with a new client... or change jobs. - Some changes Russ would suggest to contractors who want to be more successful. - The most challenging aspects of working inside large client organizations. - One particularly difficult employee Russ managed the most difficult situation he caused for Russ. - How an apparent failure turned out to be a setup for later success. - Red flags that tell you it's time to have a talk with an employee. Resources mentioned in this construction podcast episode: GoSite: Take Control of Customer Reviews - https://www.gosite.com/podcast Approval: Get Paid Faster Based on Project Milestones - https://www.withapproval.com Construction Financial Masterclass: Master the financial side of the business - https://buildermasterclass.com/cfo 3 Questions to Help You Get Paid for Estimates: https://buildermasterclass.com/script How to connect with Russ Little: LinkedIn: https://www.linkedin.com/in/russ-little-1a60b44/ Company website: www.us.jll.com

EPISODE 210: Here's what you're going to get out of this construction podcast episode with Justin Bride of Ascent Contracting: - The difference between commercial and residential construction, and what each can learn from the other. - The importance of preconstruction in the residential construction industry. What happens when it's NOT done well? - How to market to architects and build relationships with them. - How Justin and his team get referrals from clients. - One specific red flag Justin looks for when talking to prospects. - One thing he focuses on showing homeowners and architects, so he can ignore his competition. - One key to a successful project that is often overlooked. - What Justin believes the role of the general contractor to be, which might surprise you. - A couple of things he feels like his company has cracked the code on. Resources mentioned in this construction podcast episode: GoSite: Take Control of Customer Reviews - https://www.gosite.com/podcast Approval: Get Paid Faster Based on Project Milestones - https://www.withapproval.com Construction Financial Masterclass: Master the financial side of the business - https://buildermasterclass.com/cfo 3 Questions to Help You Get Paid for Estimates: https://buildermasterclass.com/script How to connect with Justin Bride: Company website - www.ascentcontractinginc.com Instagram - https://www.instagram.com/ascentcontractinginc/ Facebook - https://www.facebook.com/ascentcontracting