
The K Cup
Jon Kelly and Joe Nortrup of the Kelly Construction Group have fun while discussing business insights, some that center around the operations at the Kelly Construction Group, but also insights that could apply to all entrepreneurs in business. They look forward to sharing guest interviews of professionals from businesses related to the construction industry like architecture, engineering, commercial lending and commercial real estate. They hope to inspire and inform all those that tune in.
The K Cup
The Challenges and Requirements to Becoming a General Contractor | The K Cup Episode 13
In Episode 13 Jon & Joe discuss some of the challenges to becoming a General Contractor. They discuss licensing requirements, managing risk, bonding, and some of the opportunities that await those that take the journey to becoming a GC.
Chapters
00:00 Spoof Intro and Out-Takes
02:45 Licensing Requirements
07:19 Risk Management
10:35 The Bonding Process
17:45 The Opportunities That Exist for Those that Make the Effort
30:00 Relationships Matter
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Keywords
commercial construction, business strategy, business, start a business, start your own company, start a construction company, builder insights, contractor insights, contracting business, entrepreneur, entrepreneurship, commercial construction industry, architecture, commercial real estate, commercial lending, brand building
Takeaways
* Learn about the challenges that come with the licensing process.
* Discover real world issues that come up once you have a license.
* Find out how important the role of insurance and bonding is in the general contracting profession.
* Learn about the pay-off once you have your license and insurance and can begin to bid and perform work.
* Be reminded that relationships matter even after you have a license to continue to grow your business and succeed.