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In Part 3 of Our 5-Part Series: "The Business of Being a Contractor" Jon & Joe discuss the critical logistics that have to be addressed prior to mobilization and beginning the actual building process. They discuss the "Permitting Process", "Site Prep and Soil Testing", and "Subcontractor Procurement". This is a pivotal step in finally turning the all lights green and commencing construction. Follow along and learn key insights into each of these critical steps.
Chapters
00:00:00 Introduction
00:38:14 The Permitting Process
08:36:09 Site Prep & Soil Testing
14:32:29 Subcontractor Procurement
Hashtags
#generalcontractorsbatonrouge #theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
general contractors baton rouge, commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Learn crucial insights into the permitting process, learn not only who typically handles the permitting process in commercial construction but why they handle it.
* Learn when soil testing goes form a maybe should to a requirement. Learn why soil testing is so important to the success of the entire project and finally, l4arn how soil conditions can affect the project's feasibility and how to have a contingency plan for when unexpected conditions pop-up.
* Learn the important aspects of when and how to procure the right subcontractors for the job.
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In Part 2 - Episode 17 Jon & Joe discuss the next step in cultivating a lead into a client that is going to execute building their project. Among other things the highlights include: Developing the Working Budget, Contract Signing and Legal Protections, and Design Team Assembly. The points covered in this episode are going to level-up your game as a contractor in how you prepare a convincing proposal that will help you close the deal and cultivate the client to feel prepared and want to move to the next step in the process. Also, don't forget you can find the corresponding article to this podcast episode on LinkedIn here: https://www.linkedin.com/feed/update/urn:li:activity:7351607975213453312
You can also register your interest in attending our Mastermind this fall in Baton Rouge for anyone interested in investing in commercial real estate development, either on a small scale or a macro-scale it doesn't matter this 4 hour workshop featuring speakers from the commercial real estate space, the commercial lending space, the architect space, and the general contracting space, followed by a panel discussion and live Q & A. Follow this link to register, it doesn't cost a dime! https://forms.gle/3J8ePFeLtM12983H6
Chapters
00:00:04 Out Take of Jon & Joe Cutting Up
00:00:49 Introduction to Episode 17
00:01:50 Developing a Working Budget
00:03:54 Jon Talks About When to Walk Away from a Project
00:05:37 Jon Discusses the Practice of Value Engineering
00:08:20 The Guys Discuss Contracts & Legal Protections
00:13:36 Jon's POV Where He Discusses the Planned Workshop for CRE Construction - Investing
00:14:54 Bringing Together the Design Team
00:22:35 Jon Talks About the Benefits of Being Able to Sync the Budget with the Design
Hashtags
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Learn some key aspects of building a working budget and why it is so important to do as opposed to a one and done approach.
* Learn why Jon says it's okay to walk away from a project at this stage and sometimes why it is the smartest thing you can do.
* Learn the basic principles about the practice of value engineering.
* Learn the basics about the importance of signing contracts and having legal protections in place.
* Learn about bringing together the design team.
* Get insight into why being able to sync the budget with the design is best practices.
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In Episode 16 Jon & Joe take a closer look at Lead Gen & Client Acquisition for contractors. This episode is key for anyone considering becoming a contractor because lead gen can be challenging for contractors due to the nature of the type of a service related business, contracting for the construction trades is. Jon & Joe cover lead gen and client acquisition, preliminary client consultation, proposal development. This is a must watch for every aspiring contractor or construction management student.
Jon also announces in his ad roll that Kelly Construction Group is putting together a commercial real estate development Mastermind tentatively planned for the fall of '25, you are invited to register your interest so we can plan the event and make sure the information you may be interested in is provided. Just follow the link here: https://forms.gle/HvYdZYmJVNge6Lch7
Chapters
00:10:15 Introduction to Part 1 of the 5 Part Series - The Business of Being A Contractor
00:54:29 Lead Generation Section 1: Referrals
03:46:13 Lead Gen Section 2: Digital Marketing
11:12:06 Lead Gen Section 3: Professional Networking
14:43:07 Jon Announces Commercial Real Estate Developing Mastermind
16:02:05 Prospective Client Consultation
22:30:18 Client Acquisition and Proposal Development
26:17:13 Joe Recaps Part 1
Hashtags
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Learn how to develop leads and acquire clients in a challenging industry.
* Register your interest for learning how to get involved in commercial real estate development.
* Learn how to coach or consult a potential client.
* Learn how to develop a proposal that will lead to client acquisition.
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In Episode 15 Jon and Joe discuss the business framework of being a contractor from lead generation and client acquisition to project delivery and client relationship management. This is the 'big picture' view of what will be a five - part series where they will do a deep dive into all five pieces of the process. Don't miss this thumbnail sketch of what it means to be a contractor.
Also, Jon delivers his first ad roll/POV and announces the plan to put together and host a masterclass-workshop on commercial real estate investment and development, follow the link here to get on the list and register your interest so you don't miss out: https://forms.gle/NdGkdUFakkpBhncj7
Chapters
00:00 Introduction
01:40 Jon Describes Part 1 - Business development and Client Acquisition
05:22 Jon Explains Part 2 - Project Planning and Preparation
08:34 Jon Talks About Part 3 - the Pre-Construction Phase
13:35 Jon and Joe Talk About Part 4 - Construction Execution
14:47 Jon's POV About the Planned Workshop/Masterclass On CRE Investment and Development
19:05 Now Jon and Joe Talk About Part 5 - Project Completion and Beyond
28:42 Joe's Closing Statement
Hashtags
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Learn what the 'Big Picture' framework is when it comes to becoming a successful contractor.
* Learn about the 5 - part series the team is going to explain beginning with part 1 business development and client acquisition.
* Learn about part 2 what is involved in project planning and preparation.
* Learn about part 3 the logistics and due diligence involved in pre-construction planning.
* Learn about part 4 and what it takes to finally be ready to go to the construction phase.
* And finally in part 5 learn about how to close-out a project and manage your client's expectations around warranty coverage.
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In episode 14 Jon & Joe talk about how important it is to 'Qualify' your subcontractors prior to working together on a project. They discuss two external forces that are applying downward pressure on margins in the construction industry that are making it even more important to make sure your subcontractors are up for the job. They then discuss the 'why' and the 'how' to qualifying your subs and making sure you have the best chance for being successful.
Chapters
00:00 Intro
01:04 Joe Discusses 2 Major External Forces in the Market
06:11 Jon Talks About the 'Why'
15:24 Jon Talks About the 'How'
25:34 Jon Gives Some Insight that Was Hard Won
27:08 Joe Responds to Jon's Insight
Hashtags
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* You'll learn what external forces exist in the commercial construction market that are making it even more important to qualify your subcontractors and protect your margin.
* You will learn 'Why' qualifying your subs is important, things like protecting your reputation, keeping on good terms with your bonding agent, and staying profitable among other key points.
* You will also learn 'How' to qualify your subs, the steps you need to take to be thorough and ensure your chances for success.
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In Episode 13 Jon & Joe discuss some of the challenges to becoming a General Contractor. They discuss licensing requirements, managing risk, bonding, and some of the opportunities that await those that take the journey to becoming a GC.
Chapters
00:00 Spoof Intro and Out-Takes
02:45 Licensing Requirements
07:19 Risk Management
10:35 The Bonding Process
17:45 The Opportunities That Exist for Those that Make the Effort
30:00 Relationships Matter
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Learn about the challenges that come with the licensing process.
* Discover real world issues that come up once you have a license.
* Find out how important the role of insurance and bonding is in the general contracting profession.
* Learn about the pay-off once you have your license and insurance and can begin to bid and perform work.
* Be reminded that relationships matter even after you have a license to continue to grow your business and succeed.
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In this episode Joe interviews Jon about what he thinks makes a great subcontractor. Jon pulls on his years of experience in the commercial construction industry and offers his insight through the many layers that make up the relationship between a General Contractor and a subcontractor once they have collaborated for a commercial construction project.
Chapters
00:00 Introduction to Episode 12 What Makes a Great Subcontractor
01:56 Jon Touches On the Impact and Importance Involved In the Relationship Between a Subcontractor and General Contractor
03:15 How the Relationship Starts at the Bidding Process
06:32 When Entering the Contract Phase With a Subcontractor-Submittals, Schedules, Shop Drawings
17:45 Once On the Jobsite What are the Expectations?
24:51 The Difference Maker - When Problems Arise
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Insight into the impact a subcontractor can have on a General Contractor's reputation.
* How important a subcontractor's ability to communicate clearly as early as when a request for a quote has been received from a GC.
* The critical nature of a subcontractor's ability to perform the necessary administrative requirements once they have received a contract.
* The expectations for a subcontractor to conduct their business professionally once the work has begun on site.
* What really separates a great subcontractor from a mediocre subcontractor - how they handle problems when they come up.
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In Episode 11 Jon & Joe Discuss An Alternative Method for Interviewing and Hiring Talent. If you need to hire and are concerned about not being able to choose the right applicant this method is the answer to that concern. With this interview process you can see the potential hires in several different "modes" in the course of a few key steps and be equipped to make a more informed choice than you can with the traditional way of interviewing and hiring talent. You're not going to want to miss this value filled episode!
Chapters
00:00 Introduction to a New Method for Interviewing Talent
02:00 Jon Tells How He Was Introduced to This Method for Interviewing
03:02 Jon Explains How His Business Coach Told Him He Needed to Hire Staff In Order to Grow His Business
03:41 Jon Reveals the Interview Style As a Group Interview
04:16 Step 1 - Place an Ad
05:01 Step 2 - Schedule Group Interview
05:44 Jon Describes the Group Interview Process
07:26 Step 3 - Job Shadow Day for Selected Candidates
08:14 Step 4 - Final Interview
10:29 Jon Asks Joe About His Thoughts On the Process
11:08 Joe Asks Jon for More Details About each of the Steps of the Process
12:35 Jon Talks About an Exceptional Experience During a Group Interview
15:52 Jon Explains Exactly What He's Looking for In a Group Interview
19:15 Jon Explains Exactly What He's Looking for On the Job Shadow
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Discover a new and innovative way to interview and hire talent.
* Get insight into what the process of the "Group Interview" looks like.
* Listen to real accounts of how applicants responded to the process.
* Learn how this process yields a superior result as seen by lower turnover rates and higher employee satisfaction rates.
www.kellyconstructiongroup.com
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In Episode 10 Jon and Joe discuss 3 types of construction contracts that are commonly used in the construction industry. The contract types include Negotiated Contracts, Cost-Plus Contracts, and Lump-Sum Contracts. Negotiated contracts are contracts that are agreed upon by both the project owner and the contractor early on in the process, many times as early as the conceptual and design phase. Secondly there are Cost-Plus Contracts, most commonly used when the scope of work can not be easily defined or construction drawings are minimal. Lastly, are Lump-Sum Contracts, probably the most common type of contract in the industry where there is a stated price and the contractor agrees to complete the scope of work for the stated amount.
Chapters
00:00 3 Types of construction Contracts
00:36 Introduction to 3 Types of Contracts
04:24 Deep Dive-Negotiated Contracts
09:48 Deep Dive-Cost-Plus Contracts
16:45 Deep Dive-Lump-Sum Contracts
21:22 Recap and Outro
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Introduction to the 3 most common types of contracts in the construction industry.
* Learn about Negotiated contracts, the pros and cons and when to use them and when not to.
*Learn about Cost-Plus contracts, the pros and cons and when to use them and when not to.
* Learn about Lump-Sum contracts, the pros and cons and when to use them and when not to.
* Understand why there are three types contracts and how they serve a specific purpose.
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In episode 9 Joe interviews Cameron Plumer, a project manager for Kelly Construction Group. Find out why Cameron decided to pursue a career in project management, what he finds satisfying about the construction industry and what keeps him coming back for more day after day. Those that are interested in becoming a project manager in the construction industry can gain valuable insight into the daily tasks associated with the role, the complexity of decision making, managing a variety of personalities and professions, and being the "bridge" that connects them all with a view to delivering a quality project to stakeholders.
Chapters
00:00 Meet Cameron Plumer - PM for Kelly Construction Group
03:16 A Typical day In the Life of A KCG Project Manager
10:45 A Standout Project to Remember
12:25 Managing Teams & Project Owners
18:14 What Separates a Great PM from a Good PM
21:25 Keeping Positive Under Pressure
28:49 How KCG Culture Shapes Relationships In the Field
33:55 Tech Management Tools
40:51 What Would You Be Doing If You Weren't A PM
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Get real world explanation about what a typical day looks like as a project manager in the construction industry.
* Find out what it is like to manage relationships with project owners and subcontractors simultaneously.
* Learn how to stay calm and positive when under pressure.
* Learn how a great culture at the office affects how the PM handles both project owners and subcontractors.
From the publisher's feed
Jon Kelly and Joe Nortrup of the Kelly Construction Group have fun while discussing business insights, some that center around the operations at the Kelly Construction Group, but also insights that…