Leadership Archives - Page 7 of 8 - PowerTips Unscripted

Ep.54: Solving the Labor Shortage with Paul Eldrenkamp

March 6, 2019 00:30:24

Regional remodeling companies are desperate for more good labor. Regional carpentry programs are constantly on the lookout for good jobs for their students. How do you bring these groups together effectively?

In this episode, Paul Eldrenkamp talks to Victoria and Mark about the program he and his local NARI chapter have developed to bring students and remodeling companies together, and what you can do in your area.

Paul works for Byggmeister, a design-build remodeling firm based in Newton, MA. He’s working closely with his NARI chapter to build better connections to carpentry students and teachers at local high schools and vocational schools.

His first outreach experience stemmed from a talk he did at a Boston-area high school about green building practices. The school reached out for help in preparing their students who weren’t going to college to enter the workforce with those building skills.

It grew from there. At first, Paul tried building an outreach program through the company, but it was overwhelming their resources. Working through other NARI with other interested member companies, a workforce committee was born. He talks about how they did it, and the benefits, including:

How to find people in the school systems and state agencies to help
Creating internship programs
The big hurdles, and how to get over them
Coaching kids toward lifelong success
The benefits to your own team
Budgeting internship hours
Identifying good candidates
Increasing diversity
The responsibilities of the industry
And more…

The future for the Boston program is bright, filling open jobs with candidates who might not be seen otherwise. If you’d like to reach out to Paul about your initiative or for help starting a program near you, send him an email at paul@byggmeister.com.

Ep.52: Changing of the Guard: The Unfortunate Side Effect of Growth

February 20, 2019 0:09:03

Most entrepreneurs want to build a bigger company, but understand that many of their existing processes don’t scale. You go back to the drawing board and make some changes. But the sad truth is that it’s not just systems, but people, who fall behind, dragging the business with them.

In this episode, Mark’s flying solo, and tackling a subject too many business owners try to avoid. The sad side effect of growth is that some of your best, longest-lasting employees simply can’t keep up with the new demands of a larger business.

The first thing to do is recognize it. If they’re still doing a great job, but lack enough time, hire more help. But if the tasks and duties themselves are overwhelming, you need an action plan. Mark talks about what to look for and how to handle it, including:

The difference between generalists and specialists
Continuing education and coaching
How to present the problem
Finding a new role — or not
When to cut your losses
And more…

If you’ve run into this sticky situation, tell us about your experiences in the comments — what did you do?

Ep.51: Deploying the Elam Ending in Your Business

February 13, 2019 0:17:01

We’re getting esoteric today — applying a sports concept to business. Not too long ago, Mark read an article and shared it with Victoria about fixing something that’s broken in basketball — the intentional fouls at the end of the game to stop the clock.

Nick Elam is a Mensa member and basketball superfan, who was frustrated by the stop-and-start slog the end of close games as the team behind tried to get ahead by stopping the clock in the final minutes.

In his Elam Ending, the game clock is turned off at the first whistle with four minutes or fewer remaining. The teams then play to a target score equal to the leading team’s score plus seven points. The first team to meet or exceed the target score wins. It effectively stops the need to intentionally foul.

So what does all this have to do with the remodeling business? Fair question.

You may need to change your rules, you may need to change your strategy. When the rules that make your business work start hindering it, what do you do?

Look at the frustration points and think creatively to figure out whether your rules need to change. Maybe your change order process works perfectly until the final weeks of the job, and then it all goes sideways. Think about changing the rules of the game for those changing circumstances.

Let us know what rules or processes you’ve changed or amended through creative thinking. Let us know in the comments. No harm, no foul. See more about the Elam Ending in Sports Illustrated, and here’s a link to The Basketball Tournament’s wiki and how it has implemented it.

Will You Be at KBIS or NAHB’s International Building Show?

Victoria, Mark, and Steve Wheeler, RA sales director, are on the speaker’s panel at KBIS.

Victoria’s sessions:

The Most Important Numbers You Must Know!

Room N226
Session Number 2.2
Tuesday, Feb. 19, 2019
10:30 – 11:30 am

How Do You Compare? Performance Metrics of the High Performers

Room N226
Session Number 5.5
Wednesday, Feb. 20, 2019
9 – 10 pm

Steve Wheeler’s session:

Delegation — How to Get Your Employees to Think and Act Like an Owner!

Room N230
Session Number 8.7
Wednesday, Feb. 20, 2019
3 – 4 pm

Mark’s session:

Website Punchlist! Blue Tape Walkthroughs of Attendee Websites

Room: N227
Session Number 8.4
Wednesday, Feb.y 20, 2019
3 – 4 pm

If you’re going to attend, and want Mark to dissect your site, just send him an email!

We’re also having an informal meet-up on Wednesday, Feb. 20, at 5 pm. Meet us in the bar at the Hard Rock Hotel — we’d love to see you. Drop us a line about that or any other times you might like to chat: Victoria@RemodelersAdvantage.com or Mark@RemodelersAdvantage.com.

Ep.50: LIVE from the Extreme Business Makeover in Baltimore

February 6, 2019 00:48:05

For our 50th episode, we gathered a panel of industry experts and took questions from the audience at the Extreme Business Makeover in Baltimore at the the end of January 2019. It capped off an intense two days of learning, sharing, and networking among the remodelers attending and our Remodelers Advantage team.

In this episode, Victoria and Mark direct the lively discussions with our panel. We were joined by:

Michael Sauri of TriVistaUSA Design + Build and the 2018 winner of the Fred Case Remodeling Entrepreneur of the Year Award.
Doug Howard, RA’s director of consulting services
Judith Miller, financial guru
Tim Faller, RA’s master of production

We talk profits and payroll, cash flow, the owner’s role in a growing business, margins, staying top-of-mind in your marketing, smart lead qualifying, planning and making decisions on your job sites, and the power of asking “why?”

It’s an insightful and all-encompassing discussion of how to run your business to get bigger margins, more profits, and creating a real life/work balance. If you missed it, you need to listen to this episode.

Ep.49: How, Who, and Why to Build a Leadership Team with Steve Barkhouse

January 30, 2019 0:32:51

You’re not running a successful company unless you have a good work/life balance. But there’s only one way to sustainably grow your company without sacrificing your life, and that’s by having a strong leadership team.

Steve Barkhouse stops by to give Victoria and Mark a crash course in how and why you should have a leadership team — and who should be on it.

Steve is the president and co-owner of Amsted Design-Build in Ottawa, ON. Steve has a well-deserved reputation as a thoughtful, logical, and caring business owner. Steve founded the company in 1989, and it now produces over $10 million annually. He’s a long-time member of our top-performing Roundtables group, and the recipient of the 2018 Remodelers Advantage Impact Award.

Steve and his co-owner decided to start a leadership team at their owners retreat about a year ago. They researched the different models, and picked the Entrepreneurial Operating System. Steve talks about why EOS was the right fit for Amsted, and also about the other systems they didn’t pick. He details their process, including:

The differences between a leadership team and a management team
The importance of having a facilitator
How they picked their leadership team and got lucky
The six benefits of a leadership team
How often they meet
Who runs the meetings
What the agenda is
And a whole lot more…

Forming the leadership team was the best decision he ever made. “Outside of joining Remodelers Advantage, of course,” he says.

Ep.45: Using Tools to Find the Best Talent with Rick Bowers

December 19, 2018 00:29:55

You know all about the labor shortage, you’re living with it every day. But there are tools that can help you find the right person for the right job — and help you keep them in your company.

Remodelers Advantage has been using a personality assessment tool called DISC for years, and we love it. Everyone on our team completes a DISC assessment, as do all of our Roundtables members— who also rely on them in their own businesses.

In this episode, Rick Bowers of TTI Success Insights, the maker of the DISC test, drops by to talk to Victoria and Mark about how and why to use personality assessment tools in your organization.

Rick’s the president of TTI Success Insights, and the keynote speaker at its show TTISCON. Rick has more than 30 years of experience with talent management tools and has trained people to use effective talent management techniques in more than 30 countries on six continents.

For those who don’t know, or could use a refresher, the DISC profile breaks down personality into four buckets, to see which are more pronounced in each individual:

Dominance: The take-charge type
Influencing: Outgoing and fast-paced
Steadiness: Consistent and methodical
Compliance: Follows the rules

There are unlimited combinations, because everyone’s an individual, but taken all together, a person’s DISC profile shows why people do what they do, and how best to communicate and motivate them, says Rick. He takes a deep dive into how the DISC and other tools can help managers and employees, including:

The 12 driving forces that motivate
Letting the job talk
Using the right words for each personality
Making space for individuality
Building an effective team
Importance of debriefing process after hiring
Why the DISC can’t be used to excuse a bad behavior
Why you’ll only go against the assessment once in hiring
And a lot more…

In the remodeling business, it’s especially important to hire the right person for the job, and the team — the wrong hire can mess up your company for years. These types of assessment tools can help you make better decisions, and aid you in understanding how to manage and communicate. How do you use your DISC assessments? Let us know in the comments below.

Ep.39: How NOT to Grow Your Remodeling Business with Judith Miller

November 7, 2018 00:28:31

The Great Recession gobbled up a whole slew of remodeling companies, but more of them fail during an economic expansion than during a contraction. Growth is great, but it’s risky, and knowing how not to grow will put you ahead of the game.

In this hot market, there are so many opportunities, you can get ahead of yourself too quickly for the health of your company. And that’s where remodeling company owners get into trouble by growing the wrong way. There are potential downsides, and to avoid them, you have to keep you basic best practices — and customer satisfaction and net profits lie at the center, says Judith Miller.

In this episode, Judith joins Victoria and Mark to talk about the ways to grow your company the right way.

Judith has been a facilitator for Remodelers Advantage Roundtables for more than 15 years. She’s a QuickBooks expert, the author of The Remodeler’s Ultimate Guide to QuickBooks, and has been a columnist for Remodeling magazine for more than 10 years. Judith isn’t just a financial guru, she’s a high-level strategist who understands that numbers prove your strategy. She loves the challenge of helping good remodelers become better every day.

When trying to grow, the biggest stumbling block is a lack of control, preparation, and not focusing on the best practices. Judith tells you what those best practices are, and how to grow the right way, while explaining the details, including:

The critical need for leadership
Why your financials have to be in order
The Top 5 things you need to do to build a strong, profitable company
The predictable stages of growth — and which is best to grow in
How large you can get
Why hiring a sales force is the riskiest transition
How to build a company you can sell
Why growing over 20% may be crazy
And more…

You’ll also learn why “The Whale” projects takes too many remodelers down. Click here to go to the Growth Sustainability Calculator we discussed in the episode.

And if you need QuickBooks help, or want bring in Judith as a consultant for your business, you can email her at jfmiller@remodelservices.com.

Want More Ways to Improve Your Business in 2019 and Beyond?

We are excited to announce that we are re-launching and re-branding our annual January event, formerly known as the Master Your Remodeling Business Workshop. The Extreme Makeover: Business Edition Event has been re-tooled and re-focused on providing growing remodelers and renovators with the tools necessary to improve their businesses in 2019 and beyond.

In addition to Judith Miller, this 2-day event will feature well-known speakers such as Victoria Downing, Tim Faller and Mark Harari and bring in new faces like Doug Howard and the 2018 Fred Case Award Winner, Michael Sauri. For more information and to grab Super Early Bird discounts, CLICK HERE.

Ep.33: The Sales-to-Production Handoff with Bruce Case

September 12, 2018 00:37:09

To many remodelers, a project works like a relay race, depending on good handoffs of the baton. The sales-to production-handoff is critical, and if you drop the baton, the race is over.

But there are ways to make it less of a hard handoff and more of a continuum, says Bruce Case. Bruce joins Victoria and Mark to explain how to break down the barriers and bring Sales and Production together as a team.

Bruce Case is the president and CEO of Case Design/Remodeling Inc., one the largest full-service remodeling firms in the nation with more than $60 million is annual revenue. Focused on the Washington, DC, metro market, the company provides a unique mix of design/build and home improvement services. Over the past 15 years, the company has extended its reach across the US through a network of licensees and franshises working under the Case Handyman & Remodeling Services banner. All these initiatives is focus on inspiring team members and clients.

Involving Production from the beginning of a job makes the projects more seamless and collaborative, creating a process that empowers employees and keeps them all focused on the bottom line. Bruce tells you how Case handles this team approach, including:

The need for accurate estimating
Why Project Managers get to sign off on a contract before the client does
Structuring compensation for Sales and Production based on gross profit
Who goes to what meetings and why
What to do when you need a tie-breaker
And a whole lot more…

Bruce talks about how to lead this process, and your team, with empowerment and accountability. For more about Case Design/Remodeling, check out their website. And we’re looking forward to Bruce’s AskAnything Fireside Chat at the Remodeler’s Summit on Sept. 26 — his fourth time sharing his expertise with us.

Ep.21: How Powerful Beliefs Can Transform Your Business with Ari Weinzweig

June 13, 2018 00:30:54

Stepping outside the world of remodeling for a moment and we couldn’t be more excited to welcome a an entrepreneur, author, speaker and a visionary to Episode 21 of PowerTips Unscripted.

Ari Weinzweig is a founder and co-owner of Zingerman’s– an amazing company that started as a single location deli 36 years ago and has grown into a $60 million dollar organization based in Ann Arbor, Michigan.

Rather than replicating their deli through the franchise model, Ari and his business partner chose to develop new, independent businesses, all rooted in their local community that work together as one organization.

The Zingerman’s Community of Businesses (ZCoB) is a family of ten businesses, each operated by one or more managing partners who share ownership and put their particular expertise to work in the day to day running of their business.

The idea for the ZCoB was laid out in Zingerman’s 2009 vision, written by Ari and Paul in 1994 and highlighted in Bo Burlingham’s 2003 article for Inc. Magazine, “The Coolest Small Company in America.”

Victoria, Mark and Ari touch on many of the things that make Zingerman’s known for their unique culture, for company growth, and for their ability to bring out the entrepreneur in every employee.

In addition to a quick summary of Ari’s background and overview of the different businesses within the ZCoB system, Ari covers just a few of the philosophies that have built the unique culture at Zingerman’s:

Visioning, getting clear about the future you want to create.
Servant leadership – leader’s job is to serve the organization, treating employees as customers
Teaching everyone to think like an owner and the practices used to drive that mindset
Open book management, open meetings, etc.
Treating people as intelligent individuals and asking their opinions and getting input

“When you are an owner, your personality and your values, if you live them, become the culture of your business…” – Ari Weinzweig

If you are looking to improve your business, change your company’s culture or simply want to hear from an experienced and dynamic thought-leader, don’t miss this episode.

If you would like to learn more about the Zingerman’s Community of Businesses you can visit their website: http://www.zingermanscommunity.com

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Ep.20: Constantly Improving Your Business Using Kaizen with Michael Sauri

June 6, 2018 00:34:44

Kaizen means (literally) “Change for Good,” and that can mean REALLY good things for your growing remodeling company. This process of constant improvement, with every team member participating, allows your company to constantly raise the bar on its target metrics.

In Episode 20, Victoria and Mark learn more about the Kaizen practice of process improvement by welcoming Michael Sauri, CEO of TriVista USA, to the show.

Michael and his wife Deborah started TriVistaUSA in 2005 with the goal of providing an outlet for creativity and a Ritz Carlton-level client experience. “Our Thoughtful Design Builds Fine Living,” is their mission statement and their mantra as they bring phenomenal, award-winning design to the Design/Build community in the Washington DC area.

The Kaizen practice focuses on improving existing, standardized processes by eliminating waste and was first practiced in Japanese businesses after the World War II.

Michael provides some great insight on how TriVista has adopted Kaizen throughout his business and includes:

The background of Kaizen and how TriVista got involved
Hiring and developing a team within the Kaizen structure
The differences between Kaizen and other process improvement practices
3 metrics of measurement to measure client satisfaction
What a Kaizen Event is and what the goal of the effort is
Issues and examples where Kaizen improved their business
Managing team buy-in into the process
And More…

To learn more about TriVistaUSA, visit their website at https://www.trivistausa.com/

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