Learn While You Listen
It has been a huge year in construction, and similarly, it has been a huge year for The Quit Getting Screwed Construction Podcast! We went through our first rebrand, had some incredible and exciting guests, and even surpassed 10,000 listeners! With so much to celebrate, we wanted to look back at last year’s most popular episodes and find the action items in each to get you, our incredible community of listeners, on track for the new year. In this blog, we will learn about business management, mindset, acquisitions, contract negotiation best practices, and internal processes, so stick around!
Why Mindset Matters with Chris Dwyer
In this episode, our most listened-to episode of the year, Karalynn learns about the mastery of mindset with the master himself, Christopher Dwyer. Together they discuss the value of maintaining a forward-thinking mindset and keeping up with your mental health when running a business, especially in such a fast-paced, competitive industry! According to Chris, many of your shortcomings are likely due to beliefs you may not even realize you have.
In this essential episode, Chris talks about how breaking down barriers and reframing your relationship to finances, business management, hiring, internal culture, and more could be the answer to your construction company’s biggest hang-ups. Chris walks Karalynn through his mindset philosophy and even works through one of his exercises with her in the hot seat! This episode is a perfect resource for construction company owners who need a little help throwing out their “head trash” and setting their construction business up for success, starting from the top and working down and out.
Key Takeaways
- Success starts with YOU. Your company cannot thrive if you are not
- If you are not making money, it’s probably due to a belief you have. Time to debunk it.
- Awareness is the first step. Dig deep and find the root. Once you know what it is, you are halfway there.
- Trust your intuition. Your body contains tremendous wisdom. Listen to it.
The Subcontract: A Breakdown with Caroline Beaver
Subcontracts are a tricky topic, and every sub knows as much. Usually, subcontracts are one of two things: One, novel-sized documents full of convoluted legalese and dangerous provisions, or two, a few bare-bones pages with no protections whatsoever. In either scenario, the subcontractor is usually the one who gets screwed over.
In this episode, construction attorney Caroline Beavers breaks apart the problems with subcontracts today. Along with Karalynn, they discuss the importance of knowing what is in your construction subcontract before signing it, even noting that if you can’t understand your contract, it’s time to get a new one.
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According to Caroline, lots of fancy legalese does not mean you are protected. You should ALWAYS get your subcontract reviewed to ensure you understand it and know how to negotiate anything that could cause an issue. Additionally, be sure you fully review all the subcontract documents. This includes the scope, the prime contract, and any project specs you will be dealing with. Caroline emphasizes how easily folks can get screwed over by the paperwork they don’t think to check, reminding us of this and many other best practices when dealing with a subcontract. This episode is chock full of must-know information for subcontractors across the country, so be sure to tune in if you are a sub!
Key Takeaways
- Legal jargon does not equal a solid contract.
- Always read the contract or have somebody read it for you.
- You need to know all the playbooks involved in the process. Always ask for the “Prime Contract.”
- You’re not hired to do your bid. You’re hired to do the scope of the contract. Always review the scope.
Perfecting Your Processes with Suhaiba Neill
When it comes to running a construction company, processes professional Suhaiba Neill joins Karalynn to say that virtually nothing will do your business as much good as having solid systems in place. Suhaiba’s business focuses on making your company more productive by building processes that can save you from losing time, missing out on money, and running into miscommunications with your clients. Especially in such a service-oriented industry, the client’s perspective is important to consider if you want to leave a good impression and stay out of trouble.
Suhaiba’s mission is to set your team up with organizational systems and processes and make working on a project an incredible experience for all parties involved your team included. According to her philosophy, The Full Circle Business method, all aspects of your business are interconnected. They can either be connected in a positive way or a chaotic one. Suhaiba insists that when you ensure those aspects are aligned and are consistently useable, it’s easy to trust your team to deliver a great experience with reliable, time-saving results. This episode of The Quit Getting Screwed Construction Podcast is an essential foundational tool for any construction professional’s toolbelt.
Key Takeaways
- Saving time saves money, and processes are the number one way to save time.
- You need to be consistent to be profitable.
- Try it, track it, tweak it. Nothing is perfect the first time. Keep workshopping.
- Start somewhere. Do not put off organizing your business.
The Quit Getting Screwed Construction Podcast in 2023
These episode highlights are just the beginning, and the expertise shared within them could be what takes your business to the next level this year. So, what are you waiting for? With the new year getting into full swing, it is the perfect time to make some resolutions for your business and put some new habits into practice. Set your business up for success and take advantage of our chart-topping construction podcast as the resources to get started!
In Conclusion
Knowing how to protect yourself best is essential, especially when growing your business, and having a team to support you when you’re facing the potential of getting sued is a huge advantage. The Cromeens Law Firm team is here to help keep you out of the courtroom on the front end or help you win the fight inside of it. Contact us today and set yourself up for success with the support of a legal team.
This article is intended as a general educational overview of the subject matter and is not intended to be a comprehensive survey of recent jurisprudence, nor a substitute for legal advice for a specific legal matter. If you have a legal issue, please consult an attorney.
