Welcome to the Builders Ladder. This is a podcast for residential building owners who want to fast track their results and create a well-systemized business that can free up their time, make more profit and get their team performing at the highest level.
This week we are putting the spotlight on our MEMBER INTERVIEW, Mr. Ben Coultish. Ben has made massive improvements to his business and is now working the numbers (finances) and margin are aligned with the goals.
OVERVIEW:
Cedar Ridge Construction has been around since 2013 Focus on new single-family homes and also worked on duplex projects in the past. He shared some of his wins, journey, and helpful tips.
Check out his journey so far
BEFORE TPB
Didn’t have any background in construction. Ben used to be a firefighter paramedic
Decided to be a builder in 2013 and started in property management working with investors and corporate clients
Started with building new homes with guaranteed leases
AFTER TPB
When he was a firefighter he know everyone but when he started building people in the community started to see him as a threat. He didn’t have the right people to give him advice and he can rely on
He needed to learn the systems within the industry, best practices, and the direction he should be led to
Ben had a better understanding of the “Working in the business vs working on the business” concept
Mindset shift, PSR mindset
Making better progress and better manager the people, business, system and better prepared in handling issues
Sets and achieves goals better goals: 24 homes in 3 communities
He has a work-life balance, has more time for his loved ones, and is off on weekends
GOAL
The company signed a deal as a developer to a 28 home project. They are assigned to build the roads services and to also sell - they already have a guaranteed sale with the city at occupancy and at their margin.
Take the business to the next level as a developer
Just hired a foreman, and will hire more team members as more opportunities are continuously coming in
Close another 24 home deal by next year in 3 different locations
https://www.facebook.com/groups/TPBmember: https://www.facebook.com/TheProfessionalBuilder
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