Master focus on your construction business! In the Episode " I’m the Gaffer, host Gavin Coyle dives into the importance of staying focused on your core services and avoiding distractions like unrelated add-ons (e.g., CCTV for electricians). Learn how branching out can confuse staff, damage your brand, and risk safety, especially for SMEs. Gavin shares strategies, such as strategic partnerships and the power of a living business plan, to guide growth without losing your lane. Subscribe and like to join the community, and drop your thoughts below!
Key Points:
Gavin discusses the pitfalls of diversifying beyond core skills, the value of partnerships, and the necessity of a business plan for SME construction owners.
Episode Highlights:
00:10–Intro: Gavin introduces the focus on construction
00:40–Example: Electricians adding CCTV and the risks
01:10–Impact: Confusion in paperwork, systems, and language
01:40–Risks: Brand damage and health/safety issues
02:10–Challenge for SMEs: Staying focused on strengths
02:39–Gavin’s example: Pressure to add site managers
03:09 – Complexity: Learning new roles and industries
04:05–Equipment and training challenges
05:02–Strategic partnerships as an alternative
05:31–Clear client contracts to avoid confusion
06:00–Risks of unreliable partners damaging reputation
06:57–Long-term vision: Potential company amalgamation
07:27–Example: Carpentry vs. roofing conflicts
07:56–Capacity limits and cultural consistency
08:24–Walking away from tempting contracts
08:53–Evolving with a business plan over time
09:22–Benefits of SWOT analysis and regular reviews
10:20–Offer: Free business plan templates
10:48–Insights from business planning (e.g., cashflow issues)
11:15–Using data for pricing and target adjustments
11:45–Warning: Diversion can destroy SMEs
12:15–Value of staying in your lane for reputation
12:44–Outro: Subscribe, like, and stay tuned
For more information about anything in this episode, head to https://www.gavin-coyle.com/
I'm The Gaffer, hosted by industry expert Gavin Coyle, is the essential podcast for construction people, offering insider insights, expert interviews, and actionable strategies to blueprint unprecedented success in the dynamic world of construction. Whether you are still ‘on the tools’, just getting started, a seasoned site manager focused on large-scale project management, or a fast-growth building industry entrepreneur/developer, this podcast is for you.
Gavin's guests, ranging from influential thought leaders to boots-on-the-ground practitioners, share their stories, successes, and failures, and offer invaluable lessons and tips, allowing you to have a 360-degree view of the construction landscape. This podcast is a must-have shared learning space for any person looking to achieve success in the building industry.
As a construction person, this podcast is your go-to source for navigating the complexities of the construction industry, where success is not just built; it's crafted with precision, passion, and the right knowledge.
I’m The Gaffer, available on:
Apple https://bit.ly/ImTheGaffer
Spotify https://bit.ly/ImTheGafferSpotify
YouTube https://www.youtube.com/@gavincoylesafety
