Welcome to Episode 3 of the new season of Construction Cashflow.

In this episode, I interview construction project manager, public speaker, mentor and coach Richard Stone.

Richard has over 30 years of experience in the industry and also runs a course on project management and compliance.

As well as knowing how to set up a project for success, Richard is very attuned to the human and mental health issues prevalent within the industry.

If you want to learn more and find those golden nuggets of information, to not only keep safe but protect your profit and your mental health, then this episode will be a must-listen.

If you'd like to find out more, here's how you can reach out to Richard:

https://linktr.ee/richardstone

https://richardmstone.co.uk/about-richard/

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The Construction Cashflow Podcast - New Episode With Penny Power OBE

Cashflow in construction, or in any business for that matter, is not just about finances it has very human consequences.

Slow cash flow in construction affects small businesses, especially subcontractor and supplier business owners and their families.

In this episode I interview Penny Power OBE, Public Speaker, Author of Business Is Personal, and Founder of Ecademy and The BIP 100 Club.

Penny will be revealing how she recovered from setbacks and trauma in both her business and personal life, how one's self-identity and truth are linked, the need for business communities to be personal first, building a business that aligns with your values and much more.

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Kevin is an expert on structured finance in the field of property investing.

He runs coaching and mentoring courses on finance strategies and is a renowned coach and mentor.

Kevin bought his first buy-to-let property back in 1983 and has many years of experience in property development and financing.

Kevin runs ‘The Ninja Investor Programme’ and ‘Recycle Your Cash’ Mastermind which helps property investors buy like cash buyers using creative financing strategies - and much much more!

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

The Vision: 

Our vision is to transform the construction industry by gathering and sharing inspiring stories, supporting supply chains, and imparting wisdom to drive success. We strive to improve cash flow, create regenerative communities for people and the planet, and foster a sustainable future for the industry.

The Mission: To inspire and motivate a culture of cashflow efficiency through the collective voice of those involved in the industry and to offer guidance and innovative solutions to empower construction supply chains to achieve financial success and care for the well-being of their employees and communities 

Find out how you can become a "Supporter' and to Join the Construction Cashflow Live Chat head over to the Construction Cashflow Community

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Hosted on Acast. See acast.com/privacy for more information.

With over 30 year's experience in infrastructure commercial roles and many of those years in senior roles the basics of doing the clever commercial 'stuff' should now be a given; it now gives me a sound base to approach some bigger issues that the industry faces when attempting to deliver contracts:

• I want to see the industry moving into a truly collaborative environment that uses the contract for good and win-win and importantly not used for ‘playing not to lose’.

• I also want the industry to move from ‘problem solving and reactive’ to a more ‘creative and innovative’ and thus proactive environment.

• I am absolutely passionate about bringing youngsters through; be it Graduates or Apprentices and am always looking at ways to do this.

It is the responsibility of the experienced industry leaders to approach these issues as it actually makes our job easier!

Me personally, I am an enthusiastic, tenacious and passionate hands on leader that to maximise results practices relationship building in all areas of role, from clients to supply chain to people, to this end I believe greatly in behavioural management and actively use this day to day.

Recent roles/achievements:

- In the last year transforming the Murphy commercial team into a professional and expert functional support unit for the business.

- A member of the circa £300m p.a. Southern Region Board reporting directly to the Executive Board.

- Over the last 5 years leading and managing the commercial aspect of a business unit and also being a business leader.

- Commercial and finance lead on the Highways England £1bn Huntingdon to Cambridge Road Improvement Scheme, a JV between 4 of the industries major contractors, requiring collaborative and behavioural techniques to bring the companies together.

- Bid lead for the Highways England £5bn Collaborative Delivery Framework; coming in first on a bid that was heavy on its behavioural assessment / scoring.

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Born in Birmingham in late Seventies Father was a QS and is now part time consultant, mother was an AAT Accounts Manager before she retired.

Since Birmingham I’ve led a rather nomadic lifestyle with work & careers, spending 5 years in Bristol, and then moving to Buckinghamshire before then moving to Hertfordshire & then Bedfordshire where I’m now very settled indeed.

My first job 11 washing up and bottling up in a local pub and I loved every minute.

As a young lad I also did labouring for a scaffolder, roofer, landscaper, several paper rounds, mucking out at stables, car washing and hay baling and domestic painting & decorating in the summer months all of which I loved as I’ve always had a strong work ethic and I could create value, and it also gave me connection to people I didn't get at school.

Left school at 16 did some time with John Laing’s before leaving.

I then worked on tools for several years as a fencing subcontractor with a small but tight team and also did my ONC in Building Studies at Luton College on self-funded day release which was tough, but I made some friends for life and learnt much. I then got job at Site Manager at TH Kenyon and rose to Operations Manager over a period of 8 years but resigned after an MBO failed. I also got divorced during this time

Was head hunted by a FCIMA Venture Capitalist to run a small £3mpa T/O business in London doing Block management and some social housing major projects which he’d purchased along with many other construction based business, which we turned into a great success until the banking sector fell out of love with Construction and caused it to fail through poor relationship management and aggressive accounting practices.

I then worked at a few different organisations, had some amazing times, made some amazing connections, mentored some very talented young team members and uncovered some very “interesting” goings on but never truly felt at home.

Then the Chairman of T H Kenyon invited me back in 2015 initially freelance to resolve some problem projects that they had on site and also procure some others which we went on to be nominated awards for. He then offered a Directorship which I accepted and again looked at MBO but following a large “Clash of values” I resigned after 2 ½ years

I was approached by the MD to join MCP Property Services but it became apparent my style and there’s differed, so I resigned and set up STONE Contracts 14 months ago to focus solely on Block Management Major Works Contracts, and the rest as they say is history.

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