Business for Builders Podcast
WHATSAPP MAX: +1.604.227.2115 EMAIL MAX: max@elitebusinessadvisory.com CUSTOMIZED COACHING WITH MAX: www.elitebusinessadvisory.com EBA SILVER BULLET ACADEMY: www.elitebusinessadvisory.com/academy Welcome to the Business for Builders podcast! Thanks for dropping by - I appreciate it! My name is Max and I am a carpenter and joiner by trade and a qualified residential home builder. I'm a thoroughbred entrepreneur and am the Founder of Elite Business Advisory (Business Coaching) and the CEO & Managing Partner of Smith & Sons Remodeling Experts North America. This show focuses on best business planning, strategic and operational practices to help you maximize your business profits and improve your lifestyle. It is built for those that own, or are involved in the construction sector running a general contracting or trade services business or even if you're an apprentice! Unfortunately, the availability of the very necessary business development, strategic planning and financial education isn't delivered well enough to trades to significantly reduce the failure rates world wide; which is 50% of new companies in the first 5 years. The priority as we learned our trade was the technical aspect of the trade, not necessarily the business and financial management and development of our business which markets and sells your skills. The Business for Builders podcast has been set up to provide business building information and insight for residential home builders, general contractors and trade operators who are looking to fill the gaps, remove the deficiencies and vulnerabilities in their business and build a high performance construction business. Our goal is to help you increase your business and financial intelligence whilst you continue to run your business. Subjects relating to Mindset and Self Improvement, Financial Management, Marketing (Digital & Local), Strategic Planning and Business Development are the focus because as construction practitioners, this is our blind spot! We know this business podcast will bring awareness and basic education and will help you improve all aspects of your business. Here's to your success...now let's go build a kick-ass business!! Cheers!!
Episodes
Sure, being on the tools is greatπ¨ β but the business side? Thatβs a whole different world. π
Today, Max talks about something most contractors donβt consider when they start trying to level up π.Β
If youβre unable to balance your time and resources, scaling up will be a real challenge...
Watch today's episode on YouTube --> https://www.youtube.com/playlist?list=PL76rc3DrCOMb7VM9icAOQmLodNCSZTfKf
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Is your business ready for the expansion you've always wanted? π₯
This week, Max walks through several expansion scenariosβcovering how to expand and how to run a stress test to see whether your business can handle it. ππ
Your business is always in one of two phases: consolidation or expansion. π
Watch this episode on YouTube --> https://www.youtube.com/playlist?list=PL76rc3DrCOMb7VM9icAOQm...
Business requires partnershipsβwith suppliers, subcontractors, and sometimes even a business partner. π
Today, Max discusses how to choose the right partner for you and your company to ensure a successful, long-lasting business relationship. π€
Everyone has their own idiosyncrasies, and thereβs a lot to consider before entering into a partnership! π‘
Watch today's episode on YouTube! --> http...
No one ever becomes a success overnight!Β
Today, Max breaks down the three phases that you and your business will go through on the journey to success.Β
Remember, business success isnβt a single event β itβs a continuous process of growth and improvement!Β
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π π Get Organized with JobTread β Start Your Free Trial!
π JobTread Signup: http://www.jobtread.com/invite?referralCode=max27
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How do you distribute and decide what to do with the cash that flows into your bank account? πΈ
Today, Max talks about how he manages the cash that comes into his account β and how to determine what portion goes toward expenses and what portion represents profit. π
If you donβt know how to properly manage the cash coming in from clients, you could end up with shortfalls that may be difficult to fix later. β οΈ
Is there really one thing you can do to turn your business around? π€
Today, Max shares three key strategies that can transform the sales department in your business. π¨
Sales cure everything β but what happens behind the scenes matters, even when the sales numbers look good. π
Watch it on the whiteboard: https://www.youtube.com/playlist?list=PL76rc3DrCOMb7VM9icAOQmLodNCSZTfKf
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π π Get Organized ...
Your business wonβt grow unless you do! π₯
Today, Max discusses the key to unlocking business growth and increasing profitabilityβfor both you and your company. π
Donβt miss these insights that could transform the way you lead and grow. π±
Watch it on the whiteboard: https://www.youtube.com/playlist?list=PL76rc3DrCOMb7VM9icAOQmLodNCSZTfKf
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π π Get Organized with JobTread β Sta...
Builders often hear the word βdepartmentsβ and think of large, corporate-style companies. But many overlook the fact that their own building companies need departments too!
Today, Max discusses 9 key departments and the activity metrics you should track to keep your business running smoothly and efficiently.
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π π Get Organized with JobTread β Start Your Free Trial!
π JobTread Signup: http://ww...
We often talk about keeping track of your numbers and metrics πβbut if you're not sure what some of the acronyms Max has mentioned in past episodes mean, don't worry! Today, weβre breaking them down for you. π
We're diving into 3 key acronyms that are directly tied to your marketing strategy and your profits π°. Letβs get into it!
Watch this episode on the whiteboard --> https://www.youtube.com/playl...
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π π Get Organized with JobTread β Start Your Free Trial!
π JobTread Signup: http://www.jobtread.com/invite?referralCode=max27
π‘ Important: Before signing up for the 30-day trial, email Paris Woolever to request her as your support manager. Sheβll help you get set up and maximize your trial!
π§ Email: paris@jobtread.com
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π‘ Important: Before s...
What is your processβfrom requesting bids from vendors to back-costing?
Today, Max walks through the workflow: from requesting vendor bids to analyzing project costs after completion.Β
Back-costing helps identify areas where you may have underquoted or gone over budget. Over time, it will improve your quoting and estimating accuracyβand boost your profitability!Β
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π π Get Organized with ...
If your employees are not trained and equipped with the skills they need for the job you hired them for and expect the highest level of performance from β they will leave, it's that simple.
Today Max discusses 8 key points he uses to ensure that employees are on-boarded and trained properly and equipped to do the job you have hired them to do.Β
Your business must run on systems, and those systems are driv...
If you're going to build a business, your leadership must be effective.Β
Today, Max dives into three core areas every leader must master: casting a clear vision , knowing when to close deals ,Β and resolving problems efficiently .
If your leadership is on point, you'll be able to delegate almost anything in your company β boosting efficiency and increasing your profit!Β
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π π Get Organiz...
It all comes down to your estimating.π₯Β
Are your project profits taking a hit πΈ because you donβt have the experience to accurately estimate different types of jobs?
Today, Max breaks down the 5 keys to help you estimate based on project size β plus a solid framework to get it done right. ππ οΈ
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π π Get Organized with JobTread β Start Your Free Trial!
π JobTread Signup: http://ww...
Selling and closing are two different things β did you know that? π€
Today, Max discusses when to sell, when to close, and why β±οΈ timing can have a massive impact on how many prospective clients you move from inquiry to commitment.π€
Thereβs a crucial point in your sales process where you must stop selling and start closing β and getting the timing right is what matters most! β
Houses were once built with hammers and a lot of elbow grease. Today, advanced tools make the job faster and easier. The structure remains solidβonly the system has evolved. π πͺ
Today, Max takes a deep dive into building systems that can support your business as it grows π. Technology changes everythingβit saves time β±οΈ and increases profit π°, even in construction! π·ββοΈ
Do you find yourself struggling to scale your business? One of these key areas might be the reason whyβ¦ π
ποΈToday, Max shares the core areas that drive momentum in your business πΌβοΈ
π When these areas have momentum, scaling and managing your business becomes much easier! π
Check out the whiteboard today --> https://youtu.be/j7YHeaYEZfI
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π π Get Organized with JobTread β...
Do you continue supporting your clients after construction is complete? π‘Β
Today, Max shares the 6 steps he follows to handle warranty claims and make sure his clients feel supported ππ
Warranty issues can happen β how you respond can build trust π€ and lead to your next referral!
https://www.youtube.com/playlist?list=PL76rc3DrCOMb7VM9icAOQmLodNCSZTfKf
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π π Get Organized wit...
Do you determine every detail of a projectβright down to the door handles and paint βbefore construction begins, or do you wing it and hope to come in under budget? πΈ
Today, Max discusses how he approaches selections, specifications, and pricing for your jobsβand how to do it as painlessly and effectively as possible for both you and your client π€.
Many builders rush to start construction to mainta...
What is the Process Triangle, and How Will It Help Your Business? πΊπ
Today, Max dives into the Process Triangleβa powerful tool that helps him negotiate better deals and streamline decision-making! π€πΌΒ
Whether you're managing teams, closing sales, or optimizing systems, understanding this concept can give you a strategic edge.
https://www.youtube.com/playlist?list=PL76rc3DrCOMb7VM9icAOQmLodNCSZTfKf
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