How Your Construction Background Shapes Your Success
Manage episode 442912698 series 3314227
In this episode, we explore how your construction background can significantly shape the success of your company. Whether you come from a large corporation or a small hands-on business, your experience plays a key role in managing operations, handling finances, and growing your business.
We share real-world examples and discuss how different backgrounds affect the approach to building a successful construction company. Perfect for contractors considering entrepreneurship or looking to refine their management style.
Topics we cover in this episode include:
- 00:00 - How construction experience influences business success.
- 00:18 - The Influence of Large vs. Small Company Experience
- 01:00 - Setting Up Systems and the Mindset for Success
- 02:30 - Real-Life Examples of Contractors Transitioning
- 04:15 - Understanding Costs and Overhead
- 06:00 - Balancing Experience and Expectations
- 08:00 - Key Takeaways and Advice for Starting a Construction Business
LINKS
Visit the episode page at https://carpentercpas.com/background for more details and a transcript of the show.
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FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
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