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Plant Your Flag! How Clarity, Conviction and Care Drive Business Success

Plant Your Flag! How Clarity, Conviction and Care Drive Business Success

FromConstruction Genius


Plant Your Flag! How Clarity, Conviction and Care Drive Business Success

FromConstruction Genius

ratings:
Length:
37 minutes
Released:
Oct 4, 2022
Format:
Podcast episode

Description

When the economy shifts, the construction industry feels it.  Less deals in the pipeline can lead to frustration and slow growth.   Only certain companies are well equipped for this shift in the market.  Some companies, however, will go out of business.   The good news is there’s a way to position your company for every market cycle.   The best companies know how to weather the storm by focusing their “North Star” to exploit the market when other companies are heading for cover. In today’s episode we are joined by Mike Forsum, President & COO of Landsea Homes, to reveal how you can position yourself in any market and thrive. Listen now: Show highlights include:  Three things that great companies do to exploit opportunities to close more deals (in any market cycle) (3:10) The “Nordstrom Rack” method for buying up properties for pennies on the dollar (7:20) The “North Star” approach for adding value in the marketplace to squash the competition (8:34) This one “sneaky” strategy can increase your profits by tenfold (if executed correctly) (9:25)  How this “secret covenant” makes or breaks your relationship with contractors (and why others in the construction business commit this mistake)  (22:00) This one trait can take you from an entry level position to becoming a CEO (that anyone can learn) (29:49) If you want to connect with Mike Forsum from Landsea Homes, please connect with him here:  https://landseahomes.com/
Released:
Oct 4, 2022
Format:
Podcast episode

Titles in the series (99)

Thomas Edison said, "Genius is 1% inspiration, 99% perspiration." This show interviews hard-working construction company owners and executives who share their wisdom, perspectives, and lessons learned from decades of experience bidding, planning, and building profitable projects. Topics include leadership, strategic planning, conflict resolution, niche identification, succession planning, talent management, business development, and business growth. Industry expert, Eric Anderton also shares his insights about how construction company owners can increase project profit by improving communication, running productive meetings, and attracting, developing, and retaining talented leaders. Tune in each week and get practical inspiration for how to build people, projects, and profits. "I know of no genius but the genius of hard work." John Ruskin