May 25, 2023

83. The 5 Stages Of Decline For A Building Company With Russ, Sky & Andy

49 minutes

Professional Builders Secrets brings you an exclusive episode with Co-founders of the Association of Professional Builders Russ Stephens and Sky Stephens, along with APB’s Head Coach, Andy Skarda. Throughout this episode, the trio delve into the 5 stages of decline of a building company, and what you can do to salvage a building company in decline before it’s too late.

INSIDE EPISODE 83 YOU WILL DISCOVER

The stages of decline in a building company

How to pivot and make a change if your companies in trouble

The key factors that cause a building company to decline

When it’s too late to salvage a declining company

Proactive things builders can do to prevent and prepare for financial hardship

And much, much more.

Listen to the full episode to learn if your building company is in a state of decline and the actions you can take to revitalise it.

ABOUT RUSS STEPHENS

Co-founder of the Association of Professional Builders, Russ is a data analysis expert who has introduced data-driven decision making to the residential construction industry. Russ is also a proud member of the Forbes Business Development Council.

Connect with Russ: linkedin.com/in/russstephens

ABOUT SKY STEPHENS

Co-founder of the Association of Professional Builders, Sky specialises in taking complex business strategies and converting them into actionable step-by-step guides for building company owners. Sky is also a proud member of The National Association of Women in Construction and the Top 100 Women in the broader construction sector.

Connect with Sky: linkedin.com/in/skycheristephens

ABOUT ANDY SKARDA

Head Coach at the Association of Professional Builders, Andy specialises in helping business owners in the building industry identify and implement the skills and systems they need to be successful, without needing to go back to school. Or more importantly, without going bust.

Connect with Andy: linkedin.com/in/andy-skarda-92a6875/

TIMELINE

1:57 The clear signs a building company is in decline

7:36 Building company owners are usually in denial when their business is in decline

10:23 Is it possible to salvage a declining building company?

12:27 When is it time to cut your losses?

15:28 Avenues to pivot and make change when you know your building company is in trouble

21:14 Key factors that end up making a building company struggle

23:42 Proactive actions builders can take to prevent and prepare for financial hardship

LINKS, RESOURCES & MORE

APB Website: associationofprofessionalbuilders.com

APB Rewards: associationofprofessionalbuilders.com/rewards/

APB on Instagram: instagram.com/apbbuilders/

APB on Facebook: facebook.com/associationofprofessionalbuilders

APB on YouTube: youtube.com/c/associationofprofessionalbuilders

Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets

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By Association of Professional Builders

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