EP 20: The 5 Disciplines

Bob Whitten is one of the home building industry’s most respected financial & business management consultants and a frequent speaker to industry groups. He has conducted over 750 workshops and seminars, and is the bestselling author of the NAHB book “Building Partnerships: How to Work with Trade Contractors”. Since 1989 he has taken the stage at the International Builder Show to share his wisdom on business management for homebuilders. A lot of people know how to build houses but very few people know how to build good companies.

Show highlights include:

• The “5 Disciplines” that make building a good business easier than building a home (5:42) 
• How your business can go belly up even if you have the best systems, fanciest software, and best trucks (7:48) 
• How the “pre-construction period” helps you build homes more efficiently and more profitably (9:15) 
• The single most important metric for long-term success that has nothing to do with how many houses you build each year (16:59) 
• Building or remodeling fewer houses may actually make you more money (17:28)
• One of the biggest risks for custom builders and remodelers is spending too much on overhead and not making enough margin on the jobs we do (14:44)

To get the most out of this podcast, head over to https://buildernuggets.com  and join our active community of like-minded builders and remodelers.

If you’d like to learn how Bob’s consulting can help grow your business, send him an email at BWhitten@smaops.com.

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