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On this episode of The Build Mentor Show we dive into the entrepreneurial journey of Peter Simpson - a successful franchisor in the building industry.

From his early days as a carpenter to leading a thriving franchise, Pete shares invaluable insights on navigating the challenges of the construction business, the importance of mentorship and his thoughts on managing risks and client expectations.

Discover how Peter's passion for building and leadership has shaped his career and learn from his experiences to elevate your own business journey.

Key Takeaways:

• Transitioning from carpentry to building requires not just technical skills but also business acumen, particularly in managing cash flow and client expectations.
• Mentorship and guidance are crucial in the early stages of a building career, but ultimately, taking risks and learning independently is essential.
• Identifying and mitigating risks, especially in cash flow and client management, is vital for business success.
• Leadership in the building industry involves leading by example, understanding every role within the company, and providing autonomy to team members.
• Building a successful franchise requires a strong system and support network, allowing franchisees to benefit from collective experience and avoid common pitfalls.
• Effective marketing and client relationship management are key to growing a building business from the ground up.

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Leonard Homes Franchising:

https://leonardhomesfranchising.com.au/

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In this episode, we dive into the importance of balancing minimum and maximum efforts in business. Discover how a mindset shift can lead to better performance and results, especially in sales and operations.

Key Points:

The importance of time, resources, and skills (TRS) in performance. The pitfalls of clock-watching and lack of flexibility. How to set daily and weekly maximum efforts to achieve minimum results. The role of mindset in achieving business goals and KPIs.

Takeaway: Adopt a mindset of maximum effort to ensure minimum results, and be honest with yourself about your expectations and goals.

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In this episode, Mark and Kirby dive into the essential questions every business owner should ask to identify areas for improvement. From sales and leadership to operations and work-life integration, they break down their core four framework to help you focus your attention where it matters most.

Key Takeaways:

The importance of a reliable lead generation system. How a consistent sales process can boost your business. The role of a CRM in tracking leads and follow-ups. Leadership insights: setting clear job descriptions and KPIs. Operational excellence: using checklists and project management tools. Balancing work and life: scheduling time for business growth and personal well-being.

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The reason most builders go broke isn't what you think... They've got enough work - they just don't calculate their 'true costs' for each job (and it isn't just as simple as stacking a percentage on top of your costs).

Listen in as Mark explains more - and hit us up via email (hello@buildmentor.com.au) if you want a copy of the spreadsheet Mark mentions in this ep.

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In this episode we discuss the importance of setting goals for business and life.

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In this episode of the Build Mentor Show, Anthony and Mark discuss the common issue of leads slipping through the cracks due to poor follow-up processes.

They explore the hidden costs of inadequate lead service, the importance of fast and effective follow-up, and how to transform salespeople into trusted advisors.

The conversation emphasises the need for clear standards, accountability and the role of leadership in ensuring sales teams are equipped to succeed.

The episode provides actionable insights on establishing effective systems and processes to enhance sales performance.

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In this episode of the Build Mentor Show, Anthony Kirby and Mark discuss the significance of leadership and the culture model in business, focusing on the cadence aspect through the implementation of daily huddles. They explore how daily huddles can enhance team alignment, build connections, prioritize goals, and promote a collaborative environment, ultimately leading to increased productivity and momentum within the team.

In this '1 thing' episode Anthony discussed the 'Next Step' rule to make sure you eliminate overwhelm, keep clients (and others!) informed and always keep your business moving forward in a positive manner.

If you want the '1 thing' delivered to your inbox every Monday - head over to buildmentor.com.au and pop in your details at the bottom of the page.