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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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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com