The Construction Leading Edge Podcast

EPISODE 222: Here's what you're going to get out of this construction podcast episode:

  • Creating a trust based organization, and how conflict helps create trust.
  • How Reconstruction Experts has scaled to over $100 million in a short time.
  • What are some common mistakes businesses make when trying to scale up?
  • How important are systems and processes to scaling up, and why?
  • Why do some people leave when you implement processes?
  • What are some key differences between the CFO role and the CEO role, and what advice would you offer to someone who wants to make that transition?
  • Rich's favorite failure.
  • We go deep into the process of implementing systems and processes in your business. Where do you start? How do you get your team to implement it? What mistakes should you avoid?

Resources mentioned in this construction podcast episode:

3 Minute Survey for the Builder Mastermind Group - https://buildermasterclass.com/mastermind

3 Questions to Help You Get Paid for Estimates - https://buildermasterclass.com/script

Apparatus Contractor Services - Bookkeeping, financial reporting and payroll service for contractors - https://goapparatus.com

How to connect with Reconstruction Experts:

Website: https://www.reconexp.com/

Instagram: https://www.instagram.com/reconstruction_experts/

FB: https://www.facebook.com/ReconstructionExpertsInc/

Twitter: https://twitter.com/reconexphq

 

Direct download: Construction_Leading_Edge_221_Rich_Whitten_MIX.mp3
Category:general -- posted at: 5:00am EDT

EPISODE 221: John Warrillow is an expert in the mechanics of selling a business. He's helped thousands of business owners build and harvest the value of a business, and his written several books on the subject.

Here's what you're going to learn about in this construction podcast episode:

- Why most construction businesses are unsellable, and what to do to fix it.

- What is TVR?

- Trojan Horse effect of a subscription model.

- The "Freedom Point", and how it relates to the right time to sell your business.

- What John calls the "Pull Factor" and why it's important if you're planning to sell...or even retire.

- Disastrous mistakes to avoid when selling a business.

- Due diligence you should be doing as the seller.

- Clauses to watch out for during a transaction.

- I asked John what the #1 thing sellers do to sabotage themselves.

- The question you don't want to answer during the negotiation.

- Why the value of your business is in the eye of the beholder.

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

Connect with John Warrillow and get some of his resources - https://learn.builttosell.com/construction

 

Direct download: Construction_Leading_Edge_221_John_Warrillow_MIX.mp3
Category:general -- posted at: 5:00am EDT