In this blog, I’ll share my personal experience helping small construction companies, both general contractors and trade partners, overcome common challenges and grow. Whether you’re just starting out, in the middle of the grind, or feeling stuck, these key strategies can help transform your business.
The Visionary & Integrator Dynamic:
One of the main issues I see in small construction companies is the lack of a balanced leadership team. You need both a Visionary to drive innovation and growth and an Integrator to manage daily operations and ensure stability. If you don’t know which role you fit into, take a test to figure it out. If you’re one, hire the other. This balance is essential for long-term success.
Hire a Good Bookkeeper:
If you’re trying to manage your books, invoicing, or taxes yourself, you’re holding your business back. You must have a professional handling your finances. This applies to both accounting and legal needs—don’t do it alone. Even if you think you can’t afford it, prioritize finding a good bookkeeper, accountant, and construction lawyer. Trust me, it’s worth every penny!
Prioritize Your Relationship:
Running a business is tough, but don’t let it come at the expense of your personal life. Regularly carve out time for your partner—go on date nights, stay connected, and ensure you’re sharing the load at home. A balanced personal life helps keep your business healthy too.
Build an Accountability Chart:
Don’t base your business’s structure on the people you currently have. Instead, design the ideal organization chart with the roles your company needs for success. Then, either move people into the right positions or hire to fill those roles. Avoid playing favorites or sticking with ineffective roles just because of loyalty.
Seek Outside Help:
No matter your company’s size, external help is crucial. Whether it’s hiring a consultant, getting a coach, or investing in training for your team, these resources can accelerate your growth. You’re never too small to get help, and doing so puts you ahead of the curve.
Final Thoughts:
You’re not alone in managing a small construction company. If you follow these steps—building the right leadership team, hiring the right professionals, prioritizing relationships, and seeking help—you’ll be positioned for success.
If you want to learn more we have:
-Takt Virtual Training: (Click here)
-Check out our Youtube channel for more info: (Click here)
-Listen to the Elevate Construction podcast: (Click here)
-Check out our training programs and certifications: (Click here)
-The Takt Book: (Click here)
Discover Jason’s Expertise:
Meet Jason Schroeder, the driving force behind Elevate Construction IST. As the company’s owner and principal consultant, he’s dedicated to taking construction to new heights. With a wealth of industry experience, he’s crafted the Field Engineer Boot Camp and Superintendent Boot Camp – intensive training programs engineered to cultivate top-tier leaders capable of steering their teams towards success. Jason’s vision? To expand his training initiatives across the nation, empowering construction firms to soar to unprecedented levels of excellence.
On we go
