PROFESSIONAL BUILDER SECRETS PODCAST

Episode 83: The 5 Stages Of Decline For A Building Company With Russ, Sky & Andy

If you're a builder without proper training and development, you'll tend to look at your bank account as an indicator of doing well, which can be misleading.

Professional Builders Secrets brings you an exclusive episode with Co-founders of the Association of Professional Builders Russ Stephens and Sky Kolade, along with APB’s Head Coach, Andy Skarda. Throughout this episode, the trio delve into the 5 stages of decline of a building company, and what you can do to salvage a building company in decline before it’s too late.

Inside episode 83 you will discover

  • The stages of decline in a building company
  • How to pivot and make a change if your companies in trouble
  • The key factors that cause a building company to decline
  • When it’s too late to salvage a declining company
  • Proactive things builders can do to prevent and prepare for financial hardship
  • And much, much more.

key moments

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

  • 1:57 The clear signs a building company is in decline
  • 7:36 Building company owners are usually in denial when their business is in decline
  • 10:23 Is it possible to salvage a declining building company?
  • 12:27 When is it time to cut your losses?
  • 15:28 Avenues to pivot and make change when you know your building company is in trouble
  • 21:14 Key factors that end up making a building company struggle
  • 23:42 Proactive actions builders can take to prevent and prepare for financial hardship

Heading

key moments

  • 1:57 The clear signs a building company is in decline
  • 7:36 Building company owners are usually in denial when their business is in decline
  • 10:23 Is it possible to salvage a declining building company?
  • 12:27 When is it time to cut your losses?
  • 15:28 Avenues to pivot and make change when you know your building company is in trouble
  • 21:14 Key factors that end up making a building company struggle
  • 23:42 Proactive actions builders can take to prevent and prepare for financial hardship

Heading

Russ Stephens is a Co-founder of the Association of Professional Builders, a business coaching company dedicated to improving the residential construction industry for both builders and consumers. Russ is a data analysis expert who has introduced data-driven decision making to the residential construction industry. Russ is also a proud member of the Forbes Business Development Council.

Sky Kolade is a Co-founder of the Association of Professional Builders, a business coaching company dedicated to improving the residential construction industry for both builders and consumers. Sky is a proud member of The National Association of Women in Construction and she was also recognised as one of 2023’s Top 100 Women.

Andy Skarda has owned and led businesses in South Africa, the United States, South-East Asia, and for the last decade, Australia. With 30+ years of business experience, Andy heads up the coaching team at the Association of Professional Builders (APB), helping business owners in the building industry identify and implement the skills and systems they need to be successful, without needing to go back to school or more importantly, without going bust.

“A specialised podcast made just for the owners of custom home building companies. Extraordinary guests, valuable content and  amazing stories from other builders.”

Cheri K

5-star review on Apple Podcasts

We Think You’d Also Like These

episode

122

Building A Well Rounded Business With John & Joel Van Lagen

February 23, 2024

LISTEN NOW

episode

121

Cashflow Vs Profit With Russ, Sky & Andy

February 16, 2024

LISTEN NOW

episode

120

Elite Mentoring Results With Andy Skarda

February 9, 2024

LISTEN NOW

Trusted by Hundreds of Builders Worldwide