Contractor Success Forum

By: Contractor Success Forum
  • Summary

  • Tips and advice to run a successful construction business from two long-term industry professionals: Wade Carpenter, a construction CPA, and Stephen Brown, a construction bond agent. Each host has 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.

    © 2025 Contractor Success Forum
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Episodes
  • Real Strategies to Maximize Workforce Potential
    Jan 28 2025

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    Do you wish your people could do more for you? Discover how to get the most out of your workforce on the Contractor Success Forum with hosts Wade Carpenter and Stephen Brown.

    This episode dives into leveraging individual strengths in your team, the importance of aligning roles with personal skills and passions, and the challenges of managing family members and technological obsolescence in construction businesses.

    Tune in for tips on optimizing team dynamics, promoting a team mentality, and building a legacy of success. Don't miss this insightful discussion!

    Subscribe to get notified as soon as new episodes go live: https://www.youtube.com/@CarpenterCPAs?sub_confirmation=1

    Topics Wade and Stephen cover include:

    • 00:45 Understanding Different Personalities in the Workforce
    • 02:24 Aligning Skills and Job Roles
    • 06:51 The Importance of Passion in Job Performance
    • 12:46 Team Dynamics and Leadership
    • 19:36 Generational Differences and Cultural Fit

    LINKS

    Visit the episode page at https://carpentercpas.com/workforce for more details and a transcript of the show.

    Join the Profit First for Construction community!

    Find all episodes and related links at ContractorSuccessForum.com.

    Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

    FIND US ONLINE
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | SuretyAnswers.com

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    24 mins
  • Mastering Construction: Financial Health Check
    Jan 21 2025

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    We've reached 200 episodes of the Contractor Success Forum! Join Wade Carpenter and Stephen Brown as they reflect on their journey, discuss the value of contractor education, and unveil a special 85-question quiz designed to help construction contractors assess and improve their business practices.

    Discover insights on financial health, systems, operations, and project control tailored specifically for the construction industry. Don't miss this milestone episode filled with valuable advice and a deep dive into key topics that can elevate your construction accounting game!

    Subscribe for weekly construction finance tips: https://www.youtube.com/@CarpenterCPAs?sub_confirmation=1

    Topics Wade and Stephen cover on this episode:

    • 00:41 Reflections and Lessons Learned
    • 01:27 The Importance of Contractor Education
    • 02:24 Adapting to New Technologies
    • 04:05 Introducing the Contractor Success Quiz
    • 06:08 Details of the Quiz and Its Benefits
    • 08:38 Encouraging Listener Participation
    • 15:31 Looking Ahead: Future Plans and Projects

    LINKS

    Visit the episode page at https://carpentercpas.com/evaluation for more details and a transcript of the show.

    Join the Profit First for Construction community!

    Find all episodes and related links at ContractorSuccessForum.com.

    Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

    FIND US ONLINE
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | SuretyAnswers.com

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    21 mins
  • Maximizing Profit Margins through Client Collaboration in Construction
    Jan 14 2025

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    This week, Wade Carpenter and Stephen Brown discuss the critical role of client collaboration in construction projects. The episode explores strategies for effective collaboration, from pre-project planning to managing supply chain challenges, labor shortages, and inflation.

    Drawing insights from a recent report from Liberty Mutual and Dodge, they highlight how top contractors are navigating industry challenges by working closely with clients, subcontractors, and surety companies.

    Subscribe for weekly construction finance tips: https://www.youtube.com/@CarpenterCPAs?sub_confirmation=1

    Topics Wade and Stephen cover on this episode:

    • 01:01 The Importance of Collaboration Culture
    • 02:26 Technological and System Challenges
    • 03:18 Impact of External Factors on Projects
    • 04:33 Effective Risk Management Strategies
    • 05:42 Contract Negotiations and Material Costs
    • 07:19 Collaboration with Subcontractors
    • 12:29 The Role of Technology in Collaboration
    • 20:02 Collaboration with Surety Companies

    LINKS

    Visit the episode page at https://carpentercpas.com/collaboration for more details and a transcript of the show.

    Join the Profit First for Construction community!

    Find all episodes and related links at ContractorSuccessForum.com.

    Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs

    FIND US ONLINE
    Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
    Stephen Brown, Bonding Expert | SuretyAnswers.com

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    26 mins

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