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Today we are going to discuss the difference between construction accounting and regular accounting. They are not one and the same. By the end of this episode you’ll know a lot more about why they are different and why you should use construction accounting in your business.
00:01:18: Tech Tip of the Week: Mindmapping with Mindnode
00:04:02: Introduction of our guest Randal DeHart
00:06:15: What is the benefit of a construction accountant?
00:08:18: Does a bookkeeper need to be specialized?
00:09:49: What differentiates construction accounting from regular accounting?
00:12:24: Will construction accounting work for all the service industry?
00:13:27: What is Customer Persona?
00:17:52: How job costing and construction accounting can benefit the contractor.
00:21:52: Randal’s offer for accounting training
00:25:36: Randal offers 100%. off of his product – FREE
00:26:44: How to contact Randal DeHart and Fast Easy Accounting
00:31:05: Summary of the episode
00:32:43: Quote of the Week by Michael Gerber
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Today we are going to discuss why it’s important to set expectations, when you should start setting expectations when dealing with clients and your team, and finally the power of setting expectations for yourself.
**Links and Resources**
ScientificRemodelingSystem.com
AffluentContractor.com
Construction Professionals Forum - a closed Facebook group of Contractors, Remodelers, and Builders
Chapters:
00:01:29: David is getting old!
00:03:12: Tech Tip of the Week: The iPad Pro Pencil
00:07:35: Topic of the Day; The Amazing Power of Setting Expectations
00:07:54: Why set expectations?
00:08:56: When setting expectations, clarity is all important
00:09:27: When should you start setting expectations?
00:09:52: Increase sales by setting expectations
00:12:34: Repeat your expectations
00:13:07: Reinforcing expectations using visual aids
00:13:30: Setting expectations for your team
00:14:44: The importance of alignment
00:15:21: Empower your employees
00:17:04: Setting expectations for numero uno
00:18:20: Visualize your goals
00:18:34: Be specific about your goals
00:19:17: Reverse engineering your vision
00:20:22: The importance of meditation
00:21:06: What is meditation?
00:24:19: Summary of the episode
00:26:05: Quote of the week by Ralph Marston
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Today we are going to discuss what a 1st Day Checklist is, why you should be using one, and we’ll give you some ideas on how to create your own 1st Day Checklist.
**Links and Resources**
To get a Free 1st Day Checklist request a Demo of the Scientific Remodeling System
ScientificRemodelingSystem.com
AffluentContractor.com
Construction Professionals Forum - a closed Facebook group of Contractors, Remodelers, and Builders
Chapters:
00:01:32: Tech Tip of the Week: iPad Pro 12.9"
00:04:11: What is a checklist?
00:05:22: Why you should use checklists
00:05:58: The result of using a good checklist
00:07:59: Make a a 1st Day Checklist and use it
00:08:50: Make a habit of pausing before leaving
00:10:39: How long should a checklist be?
00:11:07: Always tweak your procedures
00:13:11: Get referrals DURING the project!
00:14:10: An offer for a free copy of our 1st Day Checklist
00:16:44: Summary of the episode
00:18:20: Quote of the Week
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Today we are going to have the great privilege to learn from, what I consider, a perfect model of a perfect contractor. Francisca Alonso is so much more than just an incredible designer and builder, as you’ll find out in this episode.
Francisca is, I think, a genius at her craft. She and her team have perfected the design-build system, and are a model company for any contractor that wants to better serve their clients.
Under her leadership, AV Architects + Builders has received Best of Houzz Awards in 2019, 2018, 2016, 2015, 2014, 2012. In addition to having also received the Best Contractor of Northern Virginia 2017 - Northern VA Magazine, AV Architects + Builders has been Featured in Home & Design Magazine, Washingtonian Magazine, Home & Design 100 Top Designers Portfolio, Modern Luxury DC Magazine, LUXE Interiors + Design Magazine.
**Links and Resources**
Scientific Remodeling System - Systems and Processes for Contractors
Affluent Contractor - Advanced marketing systems for contractors
Construction Professionals Forum - a closed Facebook group of Contractors, Remodelers, and Builders
AV Architects
Francisca Alonso’s book: Nesting for Empty Nesters: The Vacation Style Approach to Aging in Place. Use the coupon code AVARCH to receive a discount on your purchase on Amazon.
Synology - NAS Drive info
Drobo NAS Drive Info
Seagate Hard Drives
Show Notes:
00:01:53: Tech Tip of the Week: NAS Drives
00:07:36: Introduction of our guest Francisca Alonso of AV Architects + Builders
00:09:27: Francisca's Background
00:11:16: What differentiates AV Architects + Builders
00:12:28: Francisca's famous father - also an architect
00:15:01: The reason for her firm’s success
00:15:59: Further differntiation of AV Architects + Builders
00:17:20: Using technology to communicate with clients
00:18:41: Types of products they are working on currently
00:19:57: What has SRS meant to AV's business?
00:22:04: How to contact Francisca Alonso
00:22:36: Her book and a discount code
00:23:25: Aging population means better clients, more work
00:23:53: Her advice to contractors
00:26:11: Summary of the episode
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Today we are going to discover how to increase the efficiency of your production crew and staff, through the use of better processes and systems.
**Links and Resources**
Scientific Remodeling System: Systems and processes for contractors
Affluent Contractor: Construction marketing system
Remodel It - Rob Baugher
I/O Keynote Presentation
Show Notes:
00:01:56: Tech Tip of the Week: Googel I/O and the new Pixel phone
00:06:00: Introduction of Guest Rob Baugher
00:07:18: Rob Baugher Background
00:09:42: The Baugher Speed Process
00:11:34: How he created the faster process to build
00:14:18: Timelines and Schedules
00:16:32: The fast path to maximum profit
00:19:44: How to be the sole employee
00:24:51: Advice on improving your business
00:27:20: Cut your overhead
00:28:58: How long does it take to become efficient?
00:30:35: Rob Baugher's book
00:32:47: An offer for you the listener
00:33:37: How to contact Rob Baugher
00:34:04: Summary of the episode
00:35:31: Quote of the Week
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Today we are going to discuss some of the challenges our guest, Brian Hayes of Ohio Property Brothers, has faced, what his main focus is today, and how he is meeting those challenges.
**Links and Resources**
Scientific Remodeling System
Affluent Contractor
Ohio Property Brothers
Find all the uses of a speed square
Show Notes:
00:01:38: Tech Tip of the Week: Swanson Speed Square video
00:03:09: Introduction of Guest Brian Hayes
00:04:14: Brian Hayes' Background
00:06:59: The Main Focus of Ohip Property Brothers
00:08:05: The growing pains of Ohio Property Brothers
00:10:13: How does Brian differentiate his company?
00:11:25: Brian's experience as a Scientific Remodeling System member
00:15:33: What Brian would have done differently
00:16:29: What Brian likes best about SRS
00:18:27: What is the future of Ohio Property Brothers?
00:20:47: The Abundance Mindset
00:21:45: What is Contractor Conucopia?
00:23:06: The story of the racoon and a dog
00:24:52: How to contact Brian Hayes
00:27:25: Networking is great for business
00:28:46: Brian's Generous Offer
00:30:18: Summary of the episode
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In this session, our guest Mike Bruno, tells us about his many ups and downs on his journey to where he is today, a project manager for a very large construction firm. He has owned and operated several construction companies, and is now supervising multi-million dollar projects. He shares his techniques and processes with us, explaining his methods on how he handles a very large and complex workload.
**Links and Resources**
Small Business Consulting Group & Profit by Design Podcast
www.sbcgprofit.com
www.profitbydesignpodcast.com
The Scientific Remodeling System
Affluent Contractor
Michael Bruno Bio:
Having been in the building industry for over 27 years, Mike set out on a mission of helping contractors and entrepreneur with strategies for growing and sustaining more profitable businesses. Today Mike operates several side hustles -Small Business Consulting Group, Stone Creek Construction Group, and is a Co-host on the Profit By Design Podcast. In 2015, he also ventured into real estate development and investment. He is also employed by Hollister Construction Services where he manages corporate interiors, special projects, as well as projects relating to strategic a partner Saxum Real Estate.
Through the school of hard knocks, and by working with some of the best business coaches, mentors, and builder colleagues, Mike has mastered the ins and outs of running a businesses, and has become a sought-after industry speaker & consultant with his eyes set on sharing his knowledge and expertise to other entrepreneurs.
Show Notes:
00:01:28: Tech Tip of the Week: Fastenal vending machines
00:04:30: Introduction of Guest: Mike Bruno
00:05:47: Bruno's Journey
00:10:07: Mike's daily routine
00:14:02: What kinds of projects is Mike managing?
00:15:11: What does Mike use to keep up with all his projects?
00:16:46: How does Mike Bruno share his information with others?
00:18:44: What is the importance of logging activities?
00:19:31: What advice does Mike have for supervisors and owners?
00:20:05: Stick to the system!
00:22:03: Contact info for Mike Bruno
00:22:54: Summary of the Episode
00:24:09: Quote of the Week by Joy Gumz
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Today we have with us, Brian Fravel, Chief Marketing Officer for DaBella, a construction firm with 14 branches in 5 states, with plans for future expansion. Brian oversees all demand generation and brand building activities at the company. He has over 20 years of marketing experience in both B2C and B2B marketing.
He is a graduate of the UVA, a fellow Wahoo.
Prior to DaBella, Brian helped fuel the growth of Veelo, a software start-up, by overseeing marketing and customer success.
Earlier in Brian’s career, he held numerous global senior marketing roles at Intel in product marketing, brand management, and campaign development.
Resources:
Dabella
Scientific Remodeling System
The Construction Professionals Forum
Affluent Contractor Website
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Today we are going to discuss how you can get your brand in front of the right people, and be the contractor of choice in your city.
We would all like to be the dominant player in our field of expertise. We would like everyone to think of our business when they want some building or remodeling done.
David and Randall are going to show you how you can get in front of the right people and sell your services. Specifically, we are going to show you how to use social media to increase your leads, sales, and profit.
Construction Business Links:
Scientific Remodeling System
Construction Professional’s Forum
Affluent Contractor Website
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From the publisher's feed
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