In this episode of Beers with Contractors, the hosts explore various strategies for growing and enhancing a construction business. With a guest appearance from Ty McBride, the founder and CEO of Preservan Wood Rot Repair, they dive into the concept of franchising in the construction industry.

They discuss the prerequisites for franchising and highlight how standard operating procedures, a well-structured P&L statement and a unique service can make a venture successful. McBride shares the beginnings of his business and the experience of almost losing it due to undertaking projects that were either too small or too large. He stresses the importance of staying in your professional lane to ensure success and sustainability.

00:00 Introduction and Casual Banter

01:05 Debate on Performance Reviews

01:21 The Importance of Regular Check-ins

02:17 The Problem with Traditional Performance Reviews

05:18 The Role of Performance Reviews in Employee Retention

05:57 The Power of Gallup's 12 Questions

11:44 The Journey of Creating a Franchise

17:48 The Importance of Alignment in Franchising

22:38 The Challenge of Attracting People to the Industry

24:34 The Importance of Training and Simplicity in Franchising

25:20 Maintaining Communication and Connectivity with Franchisees

26:16 The Challenges and Misconceptions of Franchising

26:47 The Importance of Transparency and Support in Franchising

28:17 Qualifying Questions for Potential Franchisors

29:23 The Importance of Unique Business Concepts in Franchising

30:44 The Challenges of Implementing New Ideas in Franchising

31:10 The Process of Testing and Implementing New Processes in Franchising

32:47 The Challenges of Rapid Business Expansion

33:34 The Qualifiers for Potential Franchisees

34:33 The Investment Level Required for Franchising

41:29 The Challenges and Lessons from Expanding Business Scope

43:45 The Importance of Staying in Your Lane in Business

45:28 How to Get in Touch with Preservan

46:33 Closing Remarks and Responsible Drinking Reminder

In this episode of Beers with Contractors, the hosts discuss strategies to develop and grow a successful contracting business. The conversation begins with the challenges of starting a construction business and the high failure rate in the sector. The hosts then have an in-depth conversation with the owner and CEO of a successful garage door company, who shares his journey from a troubled youth to a successful entrepreneur. He discusses several key topics including the value of seeking advice from others in a similar industry, the importance of overcoming failures, the benefits of attending networking events, the importance of connecting with smarter people, and the process of rebranding his company. Jeff also shares his experiences with Rotary and RYLA, a youth initiative he’s passionate about.

00:00 Introduction and Welcome

00:26 Casual Banter and Introduction of Personal Experiences

01:58 Discussing the Challenges of Starting a Business

02:24 Exploring the High Failure Rate in Construction Businesses

05:03 The Importance of Clear Vision in Business

05:41 The Role of Communication in Employee Satisfaction

07:59 The Journey of Starting a Business

09:20 The Struggles and Successes of Running a Business

09:42 Introduction of Guest and His Inspiring Story

10:43 Guest's Journey in the Garage Door Business

16:25 Overcoming Challenges and Achieving Success

20:36 The Importance of Seeking Help and Continuous Learning

26:18 The Importance of Collaboration and Support

26:33 The Journey of Rebranding

27:11 The Birth of Jolly Go: A Social Media Craze

27:28 The Challenges of Rebranding

28:50 The Power of Networking and Learning from Others

29:26 The Process of Rebranding: From Concept to Reality

31:05 The Impact of Rebranding on Business Growth

31:58 The Power of a Sticky Brand

34:10 The Importance of Networking and Continuous Learning

38:06 The Journey of Acquiring a Business

41:47 The Power of Community Service: Rotary and RYLA

46:28 Learning from Failures: The Rebranding Experience

50:02 Conclusion: The Journey Continues

Learn more about Jolly Goat at:

Website: https://jollygoatgaragedoors.com/

Podcast: https://www.jollygoatgaragedoorsrepairservicepodcast.com/

Facebook: https://www.facebook.com/garagedoor405

Youtube: https://www.youtube.com/@UC5px51hvffSSX6F33bCj5Ew

TikTok: https://www.tiktok.com/@jollygoatgaragedoors?_t=8ffCVOJvLqN&_r=1

Instagram: https://www.instagram.com/jollygoatgaragedoors/

This podcast kicks off with the hosts discussing their backgrounds, the concept of the show, and their hopes to discuss strategies and insider knowledge to elevate the contracting business. The conversation then proceeds to tackling key issues such as labor market challenges in construction and how platforms like Twitter could revolutionize job recruitment in the industry. They talk about the struggles of growing a business, the importance of hiring diversely, and the dynamics of a family-owned business. The hosts even briefly touch on books like 'Traction' and 'Built to Sell' as useful resources for business growth. Their guest, Sydney Blake, CEO of Vesta, highlights her journey in construction, the realities of scaling a business, and the concept of work-life integration.

00:00 Introduction and Welcome

00:24 The Journey to Starting a Podcast

00:51 The Role of Clothing in Representing the Contracting Industry

01:30 The Passion for the Contracting World

02:25 The Impact of Social Media on Job Recruitment

05:14 The Future of Hiring in the Construction Industry

06:08 The Evolution of Job Applications

07:12 The Role of AI in Documenting Our Lives

10:39 The Introduction of the First Guest

11:08 The Challenges and Rewards of Running a Family Business

24:45 The Importance of Diversifying Your Team

29:40 The Concept of Work-Life Integration

34:47 The Importance of Remembering Personal Details in Business

37:53 Conclusion and Final Thoughts

A preview of what is to come!