Construction Genius

Mastering the flow of cash is the cornerstone of construction success – it's the key to bolstering your bottom line, fortifying your business, and achieving true peace of mind. Today's guest is Scott Peper, CEO of Mobilization Funding, who possesses extensive experience in assisting construction companies with their cash requirements. He discusses the essence of cash flow, its paramount importance, and the essential steps to enhance it within your organization. Drawing from his experience and expertise, he discusses several key areas that directly influence cash flow, profitability, and overall operational harmony. Scott also mentions his book, The Big Book of Cash Flow, and shares some exclusive sneak peeks such as the tools needed to control your cash flow. Join us on this transformative journey towards financial stability, increased profits, and an optimized business structure.

Building a financially strong construction business requires mastering job costing, strategic credit solutions, and effective communication between the field and the back office. But achieving this goal requires careful attention to every aspect of your financial management. In this episode, Timothy Wingate Jr., Founder and President of G+F Business and Financial Consulting, explores the world of construction accounting. Timothy shares his firsthand knowledge of the industry, discussing everything from managing your cash flow to strategic credit solutions. He explores crucial topics like calculating margins, securing loans/credit, and improving communication between the field and the office. As Timothy emphasizes, if you build it, you deserve to get paid for it. Tune in now and learn how to build a financially strong construction business.

As innovative approaches continue to find their way into the construction industry, extra care must be taken in integrating the latest technology into your projects. By doing a quick test for every pitch that you get, you can avoid tech mistakes and ensure the smooth flow of work. Eric Anderton chats with Scott Ellison who talks about the right way to embrace brand-new technologies without only considering speed but also quality and costs. Scott talks about the importance of empathy and collective wisdom in furthering the construction industry. He also shares about the fruits of going on a sabbatical, detailing his experiences of trying saltwater fly fishing. Construction Genius Book: www.ConstructionGeniusBook.com Have a leader who needs a coach? Contact Eric: www.constructiongenius.com/contact

Many are drawn to the CEO life, assuming it is a paradise. Although this position is indeed fulfilling career-wise, it comes with a long list of challenges. Eric Anderton chats once again with Michael Girdley, this time about the loneliness faced by every CEO. He discusses why they are usually the last to know about everything that happens within the team. Michael explains why CEOs should never call their companies a 'family' and the importance of getting support from an outside network. He also shares some techniques for conducting interviews and performance reviews. $500,000-$5m in revenue? Here's the ONE peer group you should join: www.joinscalepath.com How to do CEO Performance Reviews: https://twitter.com/girdley/status/1626570917001437187 Buy the ONE book every construction company leader must read: www.constructiongeniusbook.com

Change is constant in this world. In business, a change in leadership can greatly affect the business. How will you handle it if there's a need to make some changes? In this episode, Eric Anderton, the author of Construction Genius, dives into a comprehensive six-step roadmap for a seamless leadership transition. He also identifies the keys to effectively navigating leadership transitions. Eric highlights that in executing successful transitions, you must elevate people and establish them well in that new role. If you want your construction business to thrive during these changing times, tune in to this episode today! Interested in learning more about executive coaching with Eric? Book a time to chat with him here: https://10minuteswitheric.youcanbook.me Purchase Eric's book Construction Genius: Effective, Hands-On, Practical, Simple, No-BS Leadership, Strategy, Sales, and Marketing Advice for Construction Companies here: https://www.amazon.com/Construction-Genius-Effective-Hands-Leadership/dp/B0BKCQW11M

Lack of transparency, limited collaboration, and ineffective accountability can lead to miscommunication, inefficiencies, and hindered progress in construction projects. In this episode, Adam Stark, Co-Founder of Jet.Build, shares insights on tackling these challenges and transforming the construction industry. Drawing from his background in the Israeli Defense Forces (IDF) Special Forces and his construction experience, Adam covers the influence of military experience in construction, overcoming limitations of the military mindset, and developing effective project managers. Dive into this episode to discover valuable lessons and strategies for enhancing construction project management.

Finding the right people to join your team can be daunting, but it doesn't have to be. In this episode, Matt DiBara of The Contractor Consultants explores practical strategies to make your hiring process much easier and smoother to execute. He joins Eric Anderton to explain how to foster the right workplace culture to attract the appropriate candidates to your team. He offers tips on making the hiring process, especially in the construction industry, as efficient and streamlined as possible. Tune in and learn the best approach in revamping your recruitment, from automating certain tasks, establishing a clear timeline, to creating transparent communication channels.

Do you have a succession plan in place? How do you ensure that the right person is in the correct position? In this episode, Eric Anderton paves the way for Rick Chowdry, the President of Intech Mechanical, to share his step-by-step guide to crafting and executing a winning succession plan. Rick's priority is ethics, and the key to his success in business. He suggests that when looking for a potential leader, we should look at the intangibles, like character. Rick also looks at those individuals who value people and differentiates those who truly value people from those who are transactional to people. For a more in-depth discussion, tune in to this episode now! Purchase Rick's book: I Sh*t My Pants Again and So Did You. Purchase Eric's book: Construction Genius: Effective, Hands-On, Practical, Simple, No-BS Leadership, Strategy, Sales, and Marketing Advice for Construction Companies. Eric helped Rick's company, Intech Mechanical, with its succession planning. Click this link and read from Rick about his experience working with Eric. Are you a Construction company owner that's looking for outside help to build and/or refine your succession plan? Let's talk about how I can help. Contact me at my website. https://www.intech-mech.com/ https://www.linkedin.com/in/rick-chowdry-9116627/

Your reaction to crisis determines the path your business is heading. Today, Eric Anderton shares with us some tips to help us navigate crisis. The biggest mistakes most CEOs make are panicking and hero's syndrome. In this episode, Mark Brooks, the President of Permanent Equity, gives us a bird's eye view of the different ups and downs that companies go through in their existence. Mark also discusses how CEOs should be leading through crisis. When you get a cross-functional team and lay all the cards on the table with that team helps a lot in becoming more rational during a crisis. To know more about leading through crisis, tune in to this episode now.

For the past episode, we've been getting the consultant's perspective on mergers and acquisitions. Today, we'll have an insider's perspective. Jim Kaloutas, a commercial painting contractor that has grown through acquisitions for over eight years, shares with us how to go through a successful acquisition. Jim discusses the importance of nailing the culture, skill transference, and having an internal champion in an organization. This episode will go from theory to practice, so make sure you don't miss out. Click this link and buy the ONE book every construction leader must read: https://www.amazon.com/Construction-Genius-Effective-Hands-Leadership/dp/B0BHTRDY1T/ Restaurants: Frank's https://farmtofrank.com/ The New Deal Deli: https://newdealfruit.com/