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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.

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Find all episodes and related links at ContractorSuccessForum.com.

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

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

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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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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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Do you feel overwhelmed by the daily grind of managing your construction business? In our first podcast of 2025, Wade Carpenter and Stephen Brown share essential productivity hacks tailored for contractors.

Learn how to leverage tools like the Elgato Stream Deck, Superhuman for email management, AI, and low code automation systems to work smarter, not harder. Discover strategies for optimizing your workflow, creating effective templates, and using keyboard shortcuts. Save time and increase efficiency with these practical tips.

Join us on the Contractor Success Forum and make 2025 your most productive year yet!

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

Topics Wade and Stephen cover on this episode:

• 02:06 The Elgato Stream Deck: A Game Changer
• 08:25 Superhuman Email Management
• 13:57 Voice Dictation and AI Integration
• 19:52 The Power of Templates
• 22:34 Automation Tools for Contractors

LINKS

Visit the episode page at https://carpentercpas.com/2025hacks 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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Join Wade and Stephen as they share the 5 most popular episodes from 2024 that helped contractors boost profits and improve cash flow. From smart job costing to unconventional tax strategies that work, these proven tips helped hundreds of contractors succeed. Listen now to learn what worked best for your fellow builders!

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

Topics Wade and Stephen cover on this episode:

• 01:26 - Strategic Planning Discussion
• 04:53 - Preventing Profit Loss
• 08:55 - Entity Structure Considerations
• 10:49 - Job Costing Labor
• 14:15 - Keys to Construction Success
• 18:19 - Tax Strategy Discussion

LINKS

Visit the episode page at https://carpentercpas.com/2024 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

Send us a text

Getting bonded as a contractor can feel like navigating a maze. Join Wade Carpenter and Stephen Brown of McDaniel Whitley Bonding and Insurance in part three of our series on contractor bonding. This episode dives into real-life case studies to uncover valuable lessons for getting bonded successfully.

Learn about the challenges of single large clients, territory issues, experience factors, high turnover rates, unstable project pipelines, high operating expenses, and specialized high-risk projects. Tune in for expert insights and practical advice to enhance your bonding process.

🚨 Apply to beta test Wade's Profit First for Commercial Construction system (for FREE!)

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

Topics Wade and Stephen cover on this episode:

• 00:20 Welcome to the Contractor Success Forum
• 00:41 Understanding Case Studies
• 01:10 Challenges with Single Large Clients
• 02:24 Experience and Reputation in Bonding
• 04:36 High Turnover and Its Impact
• 06:28 Backlog and Project Pipeline
• 08:07 Subcontractor Bonding Issues
• 09:30 Financial Planning and Overhead
• 13:56 High-Risk Projects

LINKS

🚨 Apply to beta test Wade's Profit First for Commercial Construction system (for FREE!)

Visit the episode page at https://carpentercpas.com/getbonded3 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

Send us a text

FEMA uses Waffle House as their disaster gauge - here's why construction companies should copy their playbook. Learn how this 24/7 restaurant chain's disaster planning and logistics can help your construction business stay running when crisis hits.

Listen to discover their proven systems for supply chain management, workforce readiness, and emergency response.

#ConstructionManagement #DisasterPreparedness #BusinessContinuity

🚨 Apply to beta test Wade's Profit First for Commercial Construction system (for FREE!)

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

#ConstructionBonding #ContractorSuccess #BondingTips

Topics Wade and Stephen cover on this episode:

• 00:44 - Importance of cash flow
• 01:45 - Contractor cash flow challenges
• 03:29 - Personal experience and motivation
• 05:05 - Profit First for contractors
• 06:32 - Contractor Profit Paradox
• 08:34 - Failure of traditional advice
• 10:27 - Great Recession lessons
• 12:07 - Implementing Profit First
• 13:51 - Major teachings overview
• 16:25 - Practical action steps

LINKS

🚨 Apply to beta test Wade's Profit First for Commercial Construction system (for FREE!)

Visit the episode page at https://carpentercpas.com/wafflehouse 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

Send us a text

Struggling with cash flow in your construction biz? Learn how Profit First for Commercial Construction can help you keep more of what you earn! Get a sneak peek of the teachings in Wade Carpenter’s new book. 📘

Tune in now to discover a system that works for contractors.

#ProfitFirst #ConstructionFinance #CashFlowTips

🚨 Apply to beta test Wade's Profit First for Commercial Construction system (for FREE!)

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

#ConstructionBonding #ContractorSuccess #BondingTips

Topics Wade and Stephen cover on this episode:

• 00:44 - Importance of cash flow
• 01:45 - Contractor cash flow challenges
• 03:29 - Personal experience and motivation
• 05:05 - Profit First for contractors
• 06:32 - Contractor Profit Paradox
• 08:34 - Failure of traditional advice
• 10:27 - Great Recession lessons
• 12:07 - Implementing Profit First
• 13:51 - Major teachings overview
• 16:25 - Practical action steps

LINKS

🚨 Apply to beta test Wade's Profit First for Commercial Construction system (for FREE!)

Visit the episode page at https://carpentercpas.com/profitfirstbook 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