Business and Investing11 Jun 2023

How Would You Scale a Building Company?

EP 116:

My father was a carpenter. Inspired by him, I took up the tool and spent 7 years as a plumber before I ventured into business.

So, believe me, I can totally see how tough it is to navigate this industry.

But when I was a tradesman, I didn’t see the benefits…
Fortunately, I’m here to share what I would do differently! ☺️

In this week’s podcast episode, Grant and I are breaking down how we would scale a building company.

Tune in to the full episode now!

Episode Highlights:
00:00 Welcome to Business and Investing
06:07 Challenges in the trades industry
10:00 Getting to know the people in trades
12:59 Looking into the demand for work
17:57 Derisking your cash flow cycle
21:07 The importance of referrals and marketing
24:42 Leveraging your skills as a tradie
28:05 What are the risks you should avoid in trades?
33:22 Exploring the potential of prefab houses and second dwellings
45:10 Funding your building services
51:38 Scaling your building company

If you enjoyed this episode, be sure to subscribe, tune in, and share this podcast!

Resources:
○ Business and Investing Website: https://www.businessandinvesting.com/
○ EP 109: How Would You Scale a Web Design Agency? https://businessandinvesting.com/ep-109-how-would-you-scale-a-web-design-agency/

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DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.

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