The engaging podcast features experienced contractors candidly discussing the various dimensions of the construction industry. The discussion ranges from alliance formation, defining business strategies, project management, leadership, accountancy, handling trades, striving in competitive commercial landscapes and the necessity of process creation, delegation, and effective interviewing techniques.
An interesting feature that came up in the discussion is how to manage failures, recruitment techniques, and building a leadership team from hires who have been in the trenches. Special guest, Brett Tatum, CEO of Tatco Construction joins the conversation, sharing his journey from an accountant to a successful entrepreneur in the construction industry. Brett also shares his unique method of avoiding layoffs by offering his employees ownership stakes in projects.
Additionally, he imparts valuable insights concerned with company growth, the rising shortage of skilled labour and finding a niche market, with some hilariously relatable anecdotes along the way.
00:00 Introduction to Beers with Contractors
00:26 Casual Chat and Introduction of the Episode's Theme
01:44 Discussion on Hiring and Interviewing in Contracting
05:20 Insights on the Selection Process and Employee Retention
06:11 The Importance of Preparation and Transparency in Hiring
13:01 Guest Introduction: The Success Story of Tatco Construction
14:05 Deep Dive into the Journey of Tatco Construction
17:31 Strategies for Success in the Construction Industry
27:30 Balancing Risks and Opportunities in Construction
31:04 Transitioning from a Small to a Large Company
31:44 The Challenges of Being a Visionary and an Integrator
35:09 The Importance of Delegation and Letting Go
40:16 Building a Leadership Team from Within
40:42 The Value of Loyalty and Commitment in a Team
41:23 The Power of Consulting and Learning from Others
42:24 The Joy of Seeing Your Business Run Without You
43:16 The Importance of Putting the Business Above Self-Interest
43:58 The Value of Grit and Grind in Construction
45:27 Learning from Mistakes: The $180,000 Loss
48:36 The Future of Tatco: Growth and Expansion
50:07 Investing in the Next Generation of Tradespeople
53:41 The Power of Authenticity and Ownership
57:02 Conclusion: The Journey of a Successful Contractor
Contact Brett Tatum At:
Linkedin: https://www.linkedin.com/in/brett-tatum-52301496
Facebook: https://www.facebook.com/Tatco.construction23/
Website: https://www.tatco.construction/
Unison is Workforce Management Software for the Construction Industry
Learn more at https://unisonworx.com/industries/construction