Mon, 24 April 2023
EPISODE 285: Are you part of or considering joining a family construction business? Do you find it hard to handle a family partnership? Our guest for today has learned it the hard way. In this week's episode, Systematized Your Construction Business (SYCB) coach, Monish Khadye, sits down with construction business owner and SYCB mentee Jake Lewendal. Jake built Momentum Development after coming out from two business partnerships, one of which was a family partnership that took a toll on his family. Today, Jake shares some key learnings from his family partnership, the best practices when considering joining a family business, and a few crucial things you must do upfront when setting up a business partnership. He also talks about handling hard conversations and rejections, the positive ripple effects he has experienced in life and business after joining SYCB, and more. Let's jump in!
Key Takeaways: How Jake got into the construction world (03:16) The biggest shift that turned him from failure to success (08:57) How their family construction business broke down (15:24) On filling up the void with a business partner (21:20) Tips for people who are a part of or considering joining a family partnership (31:43) What he believes to be true in business that others find unconventional? (43:57) How Jake’s strengths became his weaknesses (45:56) Crucial questions to ask when starting a construction business (1:02:56) How to deal with rejection and build a rejection-proof routine (1:04:07) The main construction problems he had before joining SYCB (1:16:54) Most impactful things he learned from the SYCB program (1:25:13) How to systematize your construction business (1:42:39)
Additional Resources: - Schedule a FREE breakthrough session now with our team HERE - Learn how to get out of your business and make it run without you HERE - Visit Construction Leading Edge for more HERE
Connect with Jake Lewendal - Reach out to Jake by sending your email to jake@momentumdevelopmentmt.com - Follow or DM Jake on Instagram HERE - Follow Momentum Development HERE -- The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time. Follow us on your favorite podcasting platform so you never miss an episode!
|
Mon, 17 April 2023
EPISODE 284: Do you feel like you don't get anything out of your team meetings? What happens if your meetings continue to be ineffective? General Stanley McChrystal, a retired U.S. Army general and book author, cracked the code on how meetings helped them win the war on Al Qaeda. In this week's episode, we'll talk about the best practices when conducting team meetings and how you can apply them to your construction business so you can make it run without you. Today, you'll also learn the connection between good team meetings and the culture of accountability, the ripple effects of ineffective meetings, and a success story from a construction business owner who's started implementing the strategies you’ll be learning today. Let's jump into it!
Key Takeaways: The operations and intelligence brief (02:47) Teaching people how to think vs. telling people what to do (05:54) You don't have time to wait for the 100% solution (09:11) The benefits of using empowered execution (11:58) Common issues with meetings (16:19) What are the ripple effects of ineffective meetings? (20:48) Best practices for construction team meetings (22:54) Three crucial systems to run effective team meetings (32:36) How to accelerate your results (35:26) David Hopkins' Systematized Your Construction Business (SYCB) success story (40:57)
Additional Resources: - Schedule a FREE breakthrough session now with our team HERE - Learn how to get out of your business and make it run without you HERE - Visit Construction Leading Edge for more HERE -- The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time. Follow us on your favorite podcasting platform so you never miss an episode!
|
Mon, 10 April 2023
EPISODE 283: Are you stuck in the day-to-day operations of your business? Do you worry that your business wouldn’t be able to run without you? Then I have two things for you - communication and delegation. In this week's episode, I want to share communication and delegation hacks to help you get out of operations so you can truly operate as a visionary. Listen in as I talk about the leading dominoes that will improve your organization's operational process, how to effectively communicate and delegate to your team, and a Systematize Your Construction Business (SYCB) success story featuring Andy Shelton of Birch Home Builders. So if you're a construction business owner looking to systematize your business and make it run without you, tune in now. You don't want to miss this!
Key Takeaways: Are you a Trevor or a Logan? (02:40) Your brain is probably the root cause of communication problems (05:24) The Forgetting Curve study explained (07:10) Why you need to communicate less? (10:22) What is asynchronous communication? (13:06) How to effectively train your team (17:01) Think differently about delegation (23:24) How to delegate to your team (24:55) The five levels of delegations (30:22) A quick recap (34:06) Systematize Your Construction Business’ (SYCB) success story (40:04)
Additional Resources: - Want to learn more about what you could achieve with our SYCB program? Check out these success stories HERE - Schedule a FREE breakthrough session now with our team HERE - Learn how to get out of your business and make it run without you HERE - Visit Construction Leading Edge for more HERE -- The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time. Follow us on your favorite podcasting platform so you never miss an episode!
|
Mon, 3 April 2023
EPISODE 282: How do successful construction business owners get out of a slump? What do you personally do when things aren't going well? Most of us would tend to focus on the negative things and just go into a downward spiral trend. In many cases, we start spouting off self-fulfilling prophecies, which eventually get worse as they happen. So in this week's episode, I want to share how great entrepreneurs think about adversity and how they overcome it. I talk about the Stockdale Paradox, how to get control of the story you’re telling yourself, what a mental hygiene exercise is, and some proven strategies for turning trials into triumphs. Tune in now to learn more!
Key Takeaways: What most of us would do when things don't go well? (01:12) There are no good or bad things (03:59) Separate observable facts from the story you're telling yourself (05:59) Detach from what’s going on in your head (06:42) Cultivate the habit of gratitude (07:45) Control the controllables (08:52) Reframe the situation (10:09) The Stockdale Paradox explained (12:39) Take extreme ownership of the situation (17:00) The catastrophizing strategy (19:03) How to do a mental hygiene exercise (20:53) Episode wrap-up (23:13)
Additional Resources: - Schedule a FREE breakthrough session now with our team HERE - Learn how to get out of your business and make it run without you HERE - Visit Construction Leading Edge for more HERE
Books Mentioned: - Good to Great by Jim Collins - Think and Grow Rich by Napoleon Hill - The Obstacle is the Way by Ryan Holiday -- The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time. Follow us on your favorite podcasting platform so you never miss an episode!
|