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Get Profit First for Commercial Construction--OUT NOW!

ℹ ABOUT THIS EPISODE

Are you a contractor struggling with cash flow? Join Wade and Stephen as they discuss the launch of 'Profit First for Commercial Construction,' Wade's transformative book tailored for the construction industry.

Learn practical financial management strategies that are simple yet powerful to turn your business around. Hear real-life stories, insights on implementing the system, and the significant impact it can have on your profitability and sustainability.

The book is available now on Amazon, with special launch price of $2.99 for the Kindle edition. Don't miss out!

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⌚️ In this episode:

• 00:12 Launching Profit First for Commercial Construction
• 00:46 The Ultimate Book for Contractors
• 01:11 The Realities of Profit First
• 06:50 The Emotional Journey of Writing the Book
• 07:16 Audiobook and Future Plans
• 18:43 Understanding Job Costs and Overhead
• 19:45 The Importance of Cash Flow
• 20:42 Implementing the System: First 90 Days
• 23:34 Long-Term Benefits and Financial Freedom
• 26:02 Conclusion: A New Way to Run Your Business

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

Send us a text

🔗 LINKS

Visit the episode page at for more details and a transcript of the show.

Take the FREE Construction Company Health Evaluation

ℹ ABOUT THIS EPISODE

Join Wade and Stephen as they delve into whether it's better to expand your reach or narrow your focus to boost profits. They discuss the pros and cons of both strategies, using compelling analogies and real-world examples.

Learn how to assess your own business, understand market shifts, and decide whether to specialize or diversify. This episode is perfect for contractors looking to enhance their business strategy and find sustainable success.

Subscribe to get notified as soon as new episodes go live.

⌚️ In this episode:

• 00:39 Initial Reactions: Narrowing Down vs. Branching Out
• 01:53 The Power of Specialization: Pros and Cons
• 02:34 Strategic Paths: Niche Down or Branch Out?
• 02:47 Real-World Examples and Analogies
• 04:42 Balancing Risks and Rewards
• 06:52 Economic Shifts and Market Adaptation
• 18:08 Hybrid Models and Smart Growth

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com

Send us a text

🔗 LINKS

Visit the episode page at for more details and a transcript of the show.

Take the FREE Construction Company Health Evaluation

ℹ ABOUT THIS EPISODE

In this eye-opening episode, Wade and Stephen delve into a critical issue that many business owners face: being their own worst enemy. They discuss how contractors may unintentionally become bottlenecks in their own businesses, and share practical ways to identify and overcome these obstacles.

Through real-world examples and 20 actionable tips, this episode aims to help business owners step back, delegate effectively, and build systems that don't rely solely on them. Whether you're a seasoned contractor or just starting out, this episode offers invaluable insights to help you scale your business and achieve greater work-life balance.

Subscribe to get notified as soon as new episodes go live.

⌚️ In this episode:

• 01:00 Understanding the Bottleneck Concept
• 01:23 Real-Life Examples and Self-Realization
• 02:40 Recognizing the Signs of Being a Bottleneck
• 04:12 Delegation and Trust Issues
• 05:34 The Importance of Taking Breaks
• 07:31 Hiring, Firing, and Employee Management
• 09:44 Building Effective Systems and Processes
• 15:57 Staying in Your Lane: Focus on Core Tasks

Join the Profit First for Construction community!

Find all episodes and related links at ContractorSuccessForum.com.

Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com