• CONEXPO – CON/AGG Podcast: Construction Business Insights For Contractors

  • 著者： CONEXPO-CON/AGG
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CONEXPO – CON/AGG Podcast: Construction Business Insights For Contractors

著者： CONEXPO-CON/AGG
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  • Perspectives from construction business owners, heavy construction equipment experts and construction technology providers.
    Copyright (c) 2014 AEM.org. All rights reserved.
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Perspectives from construction business owners, heavy construction equipment experts and construction technology providers.
Copyright (c) 2014 AEM.org. All rights reserved.
ビジネス・キャリア 政治・政府 経済学
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  • 3 Tips For Running a Construction Business with Matt Bachtel

    3 Tips For Running a Construction Business with Matt Bachtel
    2024/11/18
    Matt Bachtel of Bachtel Excavating joins Taylor today to discuss his journey from one man and a truck to a thriving multi-generational business. Matt shares his conservative approach to growth, emphasizing the importance of consistent, meticulous work, and open communication with his team. He reveals the surprising risks of staying small, the challenges of balancing family life with entrepreneurship, and the critical roles that both his wife and his right-hand man, Keith, have played in his success. Matt also offers invaluable insights into attracting and retaining young talent in the trades, fostering a positive company culture, and adapting to the ever-evolving landscape of the construction industry. Do you fear taking risks in your business? Are you concerned about attracting and retaining talent? Matt's conservative approach and focus on consistency created a company culture that attracts young talent. Today, he shares how open communication and a supportive environment have been key, and how, by prioritizing these values, you, too, can build a resilient business. 🎯 BIGGEST TAKEAWAYS: ⚠️ FEAR OF FAILURE [07:44]: "It's rare that somebody can come in with very little experience and take on all that debt and have it work out." Hear Matt's perspective on leveraging debt responsibly and avoiding the pitfalls of overextending your business. ✨ DESIRE FOR GROWTH [22:20]: "Word of mouth, social media...we've gotten the reputation as being the place to send your son or daughter...a safe place to send that kid..." Discover how building a positive company culture can attract the next generation of skilled workers. ⚡ PRACTICAL TIP [29:47]: "We collect good data and job costs, but we don't do enough post job analysis...to really use all that good data and apply it to the next job." Learn how to implement post-project reviews to improve efficiency and profitability. CHAPTERS: 00:00 - Managing a Family Business and Balancing Growth 02:03 - Mitigating Risk in Business Growth 03:17 - Overcoming Fear of Risk When Starting a Business 05:19 - Determining When to Rent vs. Buy Equipment 07:19 - Managing Debt and Equipment Maintenance Costs 09:59 - Balancing Conservatism and Calculated Risk-Taking 12:14 - Defining Effective Leadership Qualities 15:19 - Reflecting on the First Year in Business and Early Growth 17:24 - Making the Decision to Hire the First Employee 18:28 - Navigating the 2008 Financial Crisis 20:47 - Maintaining Business Diversity (Commercial and Residential) 22:18 - Attracting and Retaining Young Talent in the Trades 23:45 - Building a Positive Company Culture 26:04 - Communicating Finances with Your Team 28:01 - Conducting Post-Project Analysis for Improvement 30:30 - Balancing Productivity with Team Debriefing and Training 31:30 - Long-Term Business Planning and Succession Strategies 35:11 - Balancing Work and Family Life as a Business Owner 37:46 - Supporting Employees' Well-being and Mental Health 40:31 - Embracing Change and Adapting to Industry Evolution LINKS: Taylor White on LinkedIn: https://www.linkedin.com/in/taylor-white-9881a5170/?originalSubdomain=ca To see highlights from the 2023 show, go to: https://www.conexpoconagg.com/show-experience/show-highlights CONNECT WITH MATT BACHTEL: LinkedIn: https://www.linkedin.com/in/matt-bachtel-927a2547/ Bachtel Excavating: https://www.bachtelexcavating.com/ #excavating #leadership #culture
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    39 分
  • Why Your Employees Are IMPATIENT (and How to Turn It Into an Advantage)

    Why Your Employees Are IMPATIENT (and How to Turn It Into an Advantage)
    2024/11/04
    This week, Taylor sits down for an informative and inspiring conversation with Nic Parish, VP of Contracting and Operations at Burns Dirt Construction, and a key player in FORGE Your Path, a nonprofit dedicated to encouraging the next generation to explore careers in the trades. In this fascinating episode, Taylor and Nic dive into the importance of trades education, the challenges of running a family business, and how to create pathways for young people to develop meaningful careers in construction. Nic shares his journey, from growing up in the family business to helping launch programs that teach essential skills like operating heavy equipment and leadership. He and Taylor go on to discuss the evolution of construction work, dealing with the pressure of running a company, and the need to instill leadership qualities in new generations to fill the growing skills gap. Alongside that, our special guest’s passion for mentoring the next wave of tradespeople through FORGE Your Path and the Burns Built Academy shines through as he recounts the impact these initiatives have had on his community and industry. Nic’s dedication to empowering young people, supporting mental health, and fostering a culture of continuous growth is on full display here today, serving as a powerful reminder that investing in people is the key to long-term success in any industry. Episode Highlights: Challenges of running a family business Importance of leadership and mental well-being for success FORGE Your Path: nonprofit introducing students to trades Burns Built Academy: technical and leadership training for employees Continued education to close the construction skills gap Supportive, growth-focused company culture Addressing mental health in leadership roles Emphasizing leadership development alongside technical skills Key Takeaways: "You can only make a bulldozer work as well as the person running it. Good people make good machines effective.” "FORGE Your Path was born out of us asking, 'What are we going to do about it?' Instead of just complaining about the labor shortage." "It's not that the next generation is lazy; they just want to learn and progress faster." "I realized that I wasn’t trapped by my business. I had the opportunity to impact the lives of 300 people and their families." "We’re not just training students on how to operate machinery; we’re teaching them how to be leaders." "Leadership is more important than skills because leadership is what drives the work forward." "FORGE Your Path isn’t about making a profit—it’s about creating opportunities for the future." "The construction industry isn’t just about holding a stop sign on the side of the road; it’s about building a future." "We have to flip the traditional education model—learning doesn’t stop when you leave school. We’re building a school within our company." "Mental health is something we need to talk about more, especially in our industry, where the pressure can be overwhelming." As always, thank you to our good friends over at Komatsu for sponsoring this podcast: https://www.komatsu.com/ Links: Taylor White on LinkedIn: https://www.linkedin.com/in/taylor-white-9881a5170/?originalSubdomain=ca To see highlights from the 2023 show, go to: https://www.conexpoconagg.com/show-experience/show-highlights Nic Parish: https://www.linkedin.com/in/nicparish/ Burns Dirt: https://www.burnsdirt.com/
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    32 分
  • Talking Heavy Equipment, with James Simmons of Montana Excavation & Utilities

    Talking Heavy Equipment, with James Simmons of Montana Excavation & Utilities
    2024/10/21
    James Simmons, Co-founder of Montana Excavation & Utilities, joins Taylor on the podcast today to share his journey from Pennsylvania to Montana and discuss the trials and triumphs of building a business in the excavation industry. From early entrepreneurial ventures as a teen mowing lawns to managing a growing excavation company, James’ story is one of resilience, determination, and smart risk-taking. Whether it’s overcoming financial challenges or navigating the competitive Bozeman construction market, his experiences provide valuable insights for listeners in the construction and business sectors. Together, Taylor and James dive deeper into the realities of owning and running a business in construction, discussing the importance of taking calculated risks, maintaining older equipment to manage overhead, and the struggles of balancing mental health while growing a business. James emphasizes the critical role of partnerships, both in business and personal life, to share the burden and keep motivation high. He also reflects on the power of a clear vision, including the use of vision boards to stay focused on both personal and professional goals. Whether you’re interested in business growth, construction, or personal development, this episode is packed with actionable advice based upon real-world experience that will undoubtedly prove invaluable. Key Themes: James’s journey from a small lawn care business to co-founding Montana Excavation & Utilities The challenges of managing a growing business in a competitive market The importance of taking risks and managing overhead with older equipment How partnerships in business can alleviate stress and share responsibilities The mental and emotional toll of entrepreneurship and the value of resilience The role of vision boards in setting and achieving personal and business goals Lessons learned from starting over and the power of persistence Top Quotes: "Running a business isn’t for the faint of heart; it’s full of risks, sacrifices, and challenges." "The more you work on your business, the more work you create for yourself. It’s a never-ending cycle." "Having a business partner is crucial—you need someone to share the load and make sure the numbers add up." "Never give up. Have a clear vision of what you want to do, and trust that the hard work will eventually pay off." "I started with $30,000 and quickly found myself broke in Montana, but that experience was humbling and essential for growth." "Older equipment means lower overhead, but it also means constant repairs—it’s a balance you have to manage." "Mental health can take a beating in this industry; finding a way to de-stress, whether it’s through the gym or therapy, is critical." "Scaling too fast can destroy a company—growing responsibly and with intention is the only way forward." "At the end of the day, if you’re not passionate about what you do, no amount of work will be sustainable." Links: Taylor White on LinkedIn: https://www.linkedin.com/in/taylor-white-9881a5170/?originalSubdomain=ca To see highlights from the 2023 show, go to: https://www.conexpoconagg.com/show-experience/show-highlights Montana Excavation & Utilities: https://www.excavatemt.com/
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    35 分

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