12 episodes

Tips and advice to run a successful construction business from three long-term industry professionals, Wade Carpenter, a construction CPA, Rob Williams, a profit strategist who owned and operated a large construction operation for many years, and Stephen Brown, a construction bond agent. All have unique, but complementary views and advice from each of their 30 years in the contracting industry. Their goal is to promote healthy, thought-provoking discussions and tips for running a better, more profitable, and successful company. Subscribe for new insights and discussion every week. Visit ContractorSuccessForum.com to view all episodes and find out more.

Contractor Success Forum Contractor Success Forum

    • Business
    • 5.0 • 5 Ratings

Tips and advice to run a successful construction business from three long-term industry professionals, Wade Carpenter, a construction CPA, Rob Williams, a profit strategist who owned and operated a large construction operation for many years, and Stephen Brown, a construction bond agent. All have unique, but complementary views and advice from each of their 30 years in the contracting industry. Their goal is to promote healthy, thought-provoking discussions and tips for running a better, more profitable, and successful company. Subscribe for new insights and discussion every week. Visit ContractorSuccessForum.com to view all episodes and find out more.

    Contract Provisions that Affect Cash Flow

    Contract Provisions that Affect Cash Flow

    If you tend to skim or skip reading contracts altogether, you need to listen to this episode. Rob, Wade and Stephen discuss the various provisions that can have sometimes catastrophic effects on your cash flow.

    We discuss why it's important to pay attention to the terms of the contract, which provisions have the most impact on cash flow, and what can happen if you're not familiar with the payment terms or other provisions.

    Visit the episode page at contractorsuccessforum.com/provisions for more details and a transcript of the show.

    Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
    Find all episodes and related links at ContractorSuccessForum.com.

    FIND US ONLINE
    Rob Williams, Profit Strategist | IronGateESS.com
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | McWins.com
    Ready to take a deeper dive into how you can get more out of your business and the habit science behind our behaviorally-based cash management system? Visit http://bit.ly/CSFCPP for $10 off of the upcoming seminar, Constructing Permanent Profitability. Find out more at PermanentProfit.com. 

    • 21 min
    Using Profit First to Build a Healthy Company

    Using Profit First to Build a Healthy Company

    This week we're following up on our Profit First-focused episodes with Mike Michalowicz and Ron Saharyan and expanding on a few of the subjects we wanted to clarify, like why taking your profit first is less about being wanting to take more out for yourself and more about keeping your company healthy long-term. We also cover how we define profit, what exactly the Profit First system says to do with that profit and our approach to paying off debt. If you have more questions about Profit First after listening to our recent episodes, don't miss this one! 

    Visit the episode page at contractorsuccessforum.com/healthy for more details and a transcript of the show.

    Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
    Find all episodes and related links at ContractorSuccessForum.com.

    FIND US ONLINE
    Rob Williams, Profit Strategist | IronGateESS.com
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | McWins.com
    Ready to take a deeper dive into how you can get more out of your business and the habit science behind our behaviorally-based cash management system? Visit http://bit.ly/CSFCPP for $10 off of the upcoming seminar, Constructing Permanent Profitability. Find out more at PermanentProfit.com. 
    Ready to take a deeper dive into how you can get more out of your business and the habit science behind our behaviorally-based cash management system? Visit http://bit.ly/CSFCPP for $10 off of the upcoming seminar, Constructing Permanent Profitability. Find out more at PermanentProfit.com. 

    • 31 min
    Mike Michalowicz on Why Contractors Should Use the Profit First Method

    Mike Michalowicz on Why Contractors Should Use the Profit First Method

    This week we're joined by special guest Mike Michalowicz! Mike is the best-selling author of Profit First and Fix This Next. We talk with him about the Profit First cash management method, the behavioral science behind it, and why it works for contractors.

    We also discuss how Profit First helps contractors get bonds, why checking on the balance in your bank account is not a good way to measure profitability, and why you should consider working with a Profit First Professional to get the most out of the system.

    Visit the episode page at contractorsuccessforum.com/mike for more details and a transcript of the show.

    Check out the video of Wade and Rob rescuing Mike from the bears here!

    Subscribe for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
    Find all episodes and related links at ContractorSuccessForum.com.

    FIND US ONLINE
    Rob Williams, Profit Strategist | IronGateESS.com
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | McWins.com
    Ready to take a deeper dive into how you can get more out of your business and the habit science behind our behaviorally-based cash management system? Visit http://bit.ly/CSFCPP for $10 off of the upcoming seminar, Constructing Permanent Profitability. Find out more at PermanentProfit.com. 

    • 23 min
    Why Character is Important for Getting Bonds

    Why Character is Important for Getting Bonds

    In this week's episode, Stephen, Wade, and Rob cover one of the three C's of getting bonds: Character.

    We talk about how it's measured by bond underwriters, how your agent can help you put your best foot forward, and how to build a bond team of deeply trusted allies, rather than fair-weather friends.

    Make sure you tune in next week for a very special guest! And subscribe to hear about the last C of bonding: Cash.

    Visit the episode page at contractorsuccessforum.com/character for more details and a transcript of the show. Subscribe to for free resources and to be notified of future episodes at contractorsuccessforum.com/subscribe.
    Don't forget to subscribe so you don't miss future episodes! Find all episodes and related links at ContractorSuccessForum.com.

    FIND US ONLINE
    Rob Williams, Profit Strategist | IronGateESS.com
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | McWins.com

    • 14 min
    How to maximize your bonding capacity

    How to maximize your bonding capacity

    In this week's episode, Stephen, Wade, and Rob discuss what you can do to increase your bonding capacity - and what things could work against you.
    We cover the responsibility of your bond agent vs. the responsibilities of you as the contractor, why it's crucial to work with a CPA to have good financial records, how much liquidity you need, how past jobs can help boost your bonding capacity, and the importance of good relationships in the process. Wondering how your personal net worth factors into your bond capacity? We cover that question, too. 
    Visit the episode page at contractorsuccessforum.com/bondingcapacity for more details and a transcript of the show.

    Don't forget to subscribe so you don't miss future episodes! Find all episodes and related links at ContractorSuccessForum.com.

    FIND US ONLINE
    Rob Williams, Profit Strategist | IronGateESS.com
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | McWins.com

    • 17 min
    Creating Permanent Profitability with Ron Saharyan, Profit First CEO

    Creating Permanent Profitability with Ron Saharyan, Profit First CEO

    On this week's episode, we're joined by special guest Ron Saharyan, CEO of Profit First and Co-Founder of Profit First Professionals. 
    Ron talks with Stephen, Wade and Rob about how contractors can implement the Profit First method successfully, how you can take your profit first as the owner of your construction company and still improve your bonding ability, how Profit First can protect you from both seasonal fluctuations and major economic events, and why you should consider working with a Certified Profit First Professional like Wade or Rob to implement Profit First.

    Want a free copy of the Profit First book? Ron is giving copies away to the first 5 people to reach out to us after this episode! Just shoot an email to Rob, Wade or Stephen to claim your copy!
    Visit the episode page at contractorsuccessforum.com/Ron for more details and a transcript of the show.

    Don't forget to subscribe so you don't miss future episodes! Find all episodes and related links at ContractorSuccessForum.com.

    FIND US ONLINE
    Rob Williams, Profit Strategist | IronGateESS.com
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | McWins.com

    • 31 min

Customer Reviews

5.0 out of 5
5 Ratings

5 Ratings

RWilliamsiii ,

Great new bottom line podcast for contractors

I’m glad to see a good podcast for contractors to get some bottomline stories and info to help their business

Top Podcasts In Business