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
Qualify Your Subcontractors or Pay the Price! | The K Cup Episode 14
In episode 14 Jon & Joe talk about how important it is to 'Qualify' your subcontractors prior to working together on a project. They discuss two external forces that are applying downward pressure on margins in the construction industry that are making it even more important to make sure your subcontractors are up for the job. They then discuss the 'why' and the 'how' to qualifying your subs and making sure you have the best chance for being successful.
Chapters
00:00 Intro
01:04 Joe Discusses 2 Major External Forces in the Market
06:11 Jon Talks About the 'Why'
15:24 Jon Talks About the 'How'
25:34 Jon Gives Some Insight that Was Hard Won
27:08 Joe Responds to Jon's Insight
Hashtags
#theKCupPodcast #constructionpodcast #howto #business #KellyConstructionGroup #Louisiana #commercialconstruction #contractor #building #buildingdesign #architecture #designbuild #AIA #commercialrealestate #commerciallending #creprofessionals #developers #CREinvestors #entrepreneur #entrepreneurship #businessstrategy #collaboration #collaborativebusinessecosystem #essentialnetworkingsystem #collaborativeconsumerengagement #prominentpersonofimpact #buildyourbrand #brand
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
* You'll learn what external forces exist in the commercial construction market that are making it even more important to qualify your subcontractors and protect your margin.
* You will learn 'Why' qualifying your subs is important, things like protecting your reputation, keeping on good terms with your bonding agent, and staying profitable among other key points.
* You will also learn 'How' to qualify your subs, the steps you need to take to be thorough and ensure your chances for success.