Builders Torque

In today's episode I talk about the data that we need to be keeping a very close eye on to ensure that our business remains profitable. Builders often, when we are busy, close our eyes and hope for the best, but this busy period is busy for a different reason, so don't leave it to late to recognise the warning signs

Here are some highlights from today's episode

01:03 Don’t was your time on the things that won’t move your building business forward first

02:10 How do you stay motivated in you building business when your world is spinning out of control

02:49 Are we actually making any money?

6:06 This will take you down in you building business if you don’t keep it top of mind

08:57 This will reduce your anxiety and that record playing in your head of “are we making money?”

09:22 Start working smarter in your building business to survive in the current environment

In todays episode I discuss the life of a builder and the ones that work beside builders and how I can fill the gap.

Here are some highlights from today's episode

01:35 There is not a lot of support for builders to rear how to their business

02:39 There us a gap and who will stand in it for your building business

03:38 My secret $50k credit card debt

04:46 There are other options

05:50 Have you had to have this difficult conversation with your other half?

06:49 We can just walk away from it all, but will we?

07:30 You can have systems and processes, but it mostly comes down to us

08:05 I was looking for someone to meet me where I was at

09:11 Why was I uncontrollably crying

10:16 You need to define what you see as business success, not what others define it as

10:54 There is just no controls or dashboard, its not till you get to do or die

11:45 No one listens to your definition of success

12:25 How do you find your sweet spot in your building business

In todays episode I will talk about uncovering your 3 biggest opportunities in your Building Business

Here are some highlights from today's episode

00:25 We often know our building business is broken

01:29 Every business is owned and designed by you, and you are different to me

02:37 Disengage from what is not serving you in your building business

03:48 Is the slope you are on getting steeper

04:28 The building industry is currently working in an environment where every dollar counts

05:27 You need to put your hand up

05:42 Does your superpower lie in building business or building

06:00 Do you need to renovate your building business is it fit for purpose

06:47 If you’re not following the right path, you won’t get the outcome you deserve

07:24 It’s all about efficiency, control, motivation and railing down your system

07:37 How using a temporary fence can help your building business

09:21 How can you harmoniously arrange your building business?

11:24 Sometimes you can’t see it till someone points it out

2021 has been an unprecedented year in the Building Industry, price increases, delay, material shortages and when will it end?

Here are some highlights from today's episode

00:39 You all deserve a big rest

01:48 I want to be in by Christmas

02:56 An unprecedented year in the building industry

03:58 We typically start the year quietly but not 2021

04:50 The enormity of 2020 started to rear its ugly head

05:58 They extended the tight timeframes for home builders

06:24 I clearly remember his words “There is no way it will take that long to get a home started”

06:47 The labour force reduced, and the prices went up

08:15 March 2021 – Struggling to supply timber

09:15 Truss plants booked out till January 2022

10:31 Steel going up 40% in January 2022

11:47 How can you plan to build a home without a timeline?

12:13 What can we do to protect our building business?

13:01 Have you had the difficult conversations with your building clients?

In this weeks episode I will talk about the difference between growing and scaling. These days there is a lot more ways you can scale your business than ever before leading you to more profits and time

Here are some highlights from today's episode

00:29 What does bigger actually mean?

01:26 What are the obstacles along the way to reaching your goals?

01:54 Do you go big or go home?

02:20 Builders typically grow their business by the seam of their pants

03:23 Can you afford the support you need to grow your building business?

04:42 What’s the difference between growth and scaling your building business?

05:54 Do you feel like your building business is out of control?

06:54 Have you got your building business to a point where you can increase your pricing?

07:48 How can you grow without accumulating a high number of overheads?

08:20 Scale individual aspects of your business

09:03 Stick to your differentiations

On today's episode I will be talking about the different levels of human needs and what we can do to push to the higher levels.

Here are some highlight from today's episode

00:18 Change who we need to become

01:19 Break the stigma and ask for support

02:06 We need to support each other

02:33 Hierarchy of human needs

03:09 Motivation changes as our needs are met

03:53 What needs do we have to meet to survive

04:50 Have you felt like you’re not worthy?

05:46 We just want to belong and to be accepted

06:32 Have you found a group you feel like you belong too?

07:00 You aren’t alone in your building business

08:17 You want to feel like your achieving

09:28 People are looking for security

09:58 Keep pushing higher

11:22 You need to be more open and vulnerable

11:42 What do you need to do to get your goals quicker

12:28 Do you have another self that stops you

13:30 If you aren't ok, reach out

On today's episode I talk about the allusive work/life integration

Here are some highlight from today's episode

00:51 Work/life integration - how can you have it?

01:54 Who do you need to be to serve your clients

02:53 You still have to get your hands dirty

04:50 Are you doing this?

06:15 Do you need more support?

07:56 You need a custom plan for your building business, just like your client want for their homes

09:42 Why would you concentrate on marketing when your flatout in your building business

In today's episode we will talk about what effects under capitalisation can have on your building business

Here are some highlights from todays episode

00:42 Do you have enough cash in your building business?

01:21 What the government & clients see as an issue in your building business

02:36 Do you understand the startup costs of a building business

04:00 How important are trade accounts to your building business

05:21 How well did you plan your building business when you started, this can affect you for years

09:02 Are you prepared to lose your home?

09:59 If we have the info we wouldn't have to battle so much in our building businesses

11:13 What these 4 month delays are doing to our building businesses

12:30 How understanding the data and timing can help your building business

13:41 Are these costs really necessary in your building business

In todays episode I will talk about poor financial management and what leads to this in the building industry

Here are some highlights from today's episode

00:42 If you don't have control of your finances, you don't have control of your business

02:01 Are you focusing on the past in your building business

03:03 Do you have the ability to see the future of your building business

04:11 What entering supplier invoices in every day can do for your building business

05:21 Are you still functioning with the basics in your building business. Is this causing you to fail

07:02 Do you see the patterns in your building business

08:39 The benefits of forecasting your income in your building business

09:38 Are you letting fear run your building business

10:42 Only you can decide what works best for your building business

11:43 The banks are only interested in protecting their asset, not your building business

12:22 Do you have enough forecasted cash flow in your building business

13:31 Is using invoice factoring in your building business a red flag for your clients?

14:47 Is low productivity affecting your building business?