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Tips and advice to run a successful construction business from three long-term industry professionals, Wade Carpenter, a construction CPA, Rob Williams, a profit strategist who owned and operated a large construction operation for many years, and Stephen

Contractor Success Forum


    • Feb 24, 2026 LATEST EPISODE
    • weekly NEW EPISODES
    • 23m AVG DURATION
    • 257 EPISODES


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    Latest episodes from Contractor Success Forum

    The Data Center Boom: Contractor Secrets to Navigating New Risks & Rewards

    Play Episode Listen Later Feb 24, 2026 23:38 Transcription Available


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    Why Bigger Isn't Always Better: The Truth About Job Margins

    Play Episode Listen Later Feb 10, 2026 23:33 Transcription Available


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    Contractor Wake-Up Call: What's Draining Your Revenue?

    Play Episode Listen Later Feb 3, 2026 25:31 Transcription Available


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    The Secret to Contractor Success: The Simple Math That Boosts Your Bottom Line

    Play Episode Listen Later Jan 27, 2026 24:57 Transcription Available


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    Simple Math, Huge Results: What's Your Profit Improvement Potential?

    Play Episode Listen Later Jan 20, 2026 22:01 Transcription Available


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    Backlog Doesn't Equal Growth: What Contractors Get Wrong About Risk Management

    Play Episode Listen Later Jan 13, 2026 19:26 Transcription Available


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    Why Most Construction M&A Deals Fail: Avoid These Common Pitfalls

    Play Episode Listen Later Jan 6, 2026 20:38 Transcription Available


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    The Surprising Secret to Scaling Your Construction Business

    Play Episode Listen Later Dec 30, 2025 18:56 Transcription Available


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    From Stuck to Scaling: Which 10 Founder Habits Are Killing Your Profits?

    Play Episode Listen Later Dec 23, 2025 20:12 Transcription Available


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    From Grit to Growth: How to Scale Your Construction Biz Without the Chaos

    Play Episode Listen Later Dec 16, 2025 13:32 Transcription Available


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    Why Your Construction Business Isn't Making Money: Avoid These Pitfalls!

    Play Episode Listen Later Dec 2, 2025 21:49 Transcription Available


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    Survive the Slow Season: Winter Cash Flow Tips for Contractors

    Play Episode Listen Later Nov 25, 2025 18:22 Transcription Available


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    Private Equity's Secret Playbook: Building & Buying Construction Firms

    Play Episode Listen Later Nov 11, 2025 22:51 Transcription Available


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    When Bids Go Bad: Contractor Horror Stories

    Play Episode Listen Later Nov 4, 2025 23:43 Transcription Available


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    Avoid These Tax Traps! Year-End Planning Guide for Construction Contractors

    Play Episode Listen Later Oct 28, 2025 23:57 Transcription Available


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    The Ultimate Tech Stack for Construction Contractors

    Play Episode Listen Later Oct 21, 2025 22:26 Transcription Available


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    Why Your Construction Software Isn't Working (And How to Fix It)

    Play Episode Listen Later Sep 16, 2025 18:07 Transcription Available


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    Are You Running a Business or a Charity? Truths About Paying Yourself

    Play Episode Listen Later Sep 9, 2025 20:24 Transcription Available


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    From Chaos to Clarity: Mastering Your Chart of Accounts Like a Pro

    Play Episode Listen Later Sep 2, 2025 22:14 Transcription Available


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    How AI Could Transform Construction Forever (Pros and Cons Inside)

    Play Episode Listen Later Aug 19, 2025 33:05 Transcription Available


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    How to Manage Materials & Supplies Risks and Protect Your Profit

    Play Episode Listen Later Aug 12, 2025 20:50 Transcription Available


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    10 Guaranteed Ways to Go BROKE as a Contractor in 2025 (Don't Do This!)

    Play Episode Listen Later Aug 5, 2025 16:56 Transcription Available


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    How Surety Companies Really Analyze Your Construction Financials

    Play Episode Listen Later Jul 29, 2025 27:12 Transcription Available


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    Where the Money's Going: Top Construction Growth Sectors for 2025

    Play Episode Listen Later Jul 22, 2025 19:58 Transcription Available


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    Revolutionizing Construction: How AI is Transforming Job Sites

    Play Episode Listen Later Jul 15, 2025 28:20 Transcription Available


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    Building Profits: Protect Your Construction Rights with SunRay's Ariela Wagner

    Play Episode Listen Later Jul 8, 2025 29:45 Transcription Available


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    From Debt to Profit: A Success Story for Contractors

    Play Episode Listen Later Jun 24, 2025 21:03 Transcription Available


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    Spotting Trouble Early: The Contractor's Risk Management Scale

    Play Episode Listen Later Jun 17, 2025 21:09 Transcription Available


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    Do Niches Bring Riches? Strategic Insights for Contractors

    Play Episode Listen Later May 20, 2025 22:55 Transcription Available


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    The Profit Paradox: Why Growing Your Construction Business Can Hurt Your Bottom Line

    Play Episode Listen Later May 6, 2025 21:59 Transcription Available


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    Contractor Cash Flow: How to Stop the Feast or Famine Cycle

    Play Episode Listen Later Apr 29, 2025 26:12 Transcription Available


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    Bigger Projects, More Savings: How to Strengthen Your Bonding Relationships

    Play Episode Listen Later Apr 22, 2025 22:58 Transcription Available


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    How to Build Your Construction Accounting Dream Team

    Play Episode Listen Later Apr 1, 2025 31:13 Transcription Available


    Send us a text Do your financial reports leave you with more questions than answers? Are you constantly wondering where your cash went, even when the work keeps coming in? Feel like you're flying blind? Contractors face some of the most complex financial challenges out there, and you need an accounting team you can rely on as you grow.This episode explores the pros and cons of four main approaches to accounting support: hiring in-house, working with a monthly construction bookkeeper, using generalized back office services, and leveraging a team of construction-specific experts. Learn about the cost considerations, technological implications, and the overall return on investment.This episode is perfect for contractors looking to level up their businesses with confidence that their accounting systems and supports will be able to keep up.Subscribe to get notified as soon as new episodes go live!Topics we cover in this episode include:00:34 Celebrating Five Years of Podcasting00:51 Unique Challenges in Construction Accounting02:12 Building a Reliable Accounting Team04:40 In-House vs. Outsourced Accounting08:53 The Importance of Industry-Specific Knowledge12:12 Cost Considerations and ROI20:02 Technology in Construction Accounting28:48 Conclusion and Free ResourcesLINKSDownload the free Construction Accounting Comparison Cheat SheetVisit the episode page for more details and a transcript of the showTake the FREE Construction Company Health EvaluationJoin the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

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    From Instinct to Strategy: Transform Your Company with the Business Model Canvas

    Play Episode Listen Later Mar 25, 2025 24:11 Transcription Available


    Send us a textStruggling to make your construction business consistently profitable? In this episode, Wade and Stephen introduce the Business Model Canvas, a strategic tool that can redefine how you manage and grow your construction company. Discover how to identify your ideal customers, clarify your unique value proposition, streamline value delivery, and uncover growth opportunities. Learn the nine key segments of this powerful model and how to apply them to your contracting business for sustained success.Subscribe to get notified as soon as new episodes go live!Topics we cover in this episode include:01:31 The Power of the Business Model Canvas05:15 Customer Segments: Identifying Your Ideal Client08:08 Value Proposition: What Makes You Unique?11:17 Channels: Reaching Your Clients12:24 Customer Relationships: Building and Maintaining Connections13:51 Revenue Streams: How Your Business Makes Money15:37 Key Resources: Critical Assets for Success17:24 Key Activities: Essential Business Processes18:41 Key Partnerships: Working With Others20:43 Cost Structure: Where Does the Money Go?LINKSDownload your free Business Model CanvasVisit the episode page for more details and a transcript of the showTake the FREE Construction Company Health EvaluationJoin the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

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    The ROI of Construction Tech: Is It Worth the Investment?

    Play Episode Listen Later Mar 18, 2025 25:37 Transcription Available


    Send us a textIn this episode of the Contractor Success Forum, Wade and Stephen dive into the rapidly evolving area of construction technology and its impact on the bottom line. From drones and robots to augmented reality and wearable tech, the hosts explore the return on investment (ROI) for various technologies on job sites. Learn about the costs, payback periods, and efficiency gains that these innovations offer. Don't miss out on this insightful discussion to make smarter investment decisions in construction technology.Subscribe to get notified as soon as new episodes go live!Topics we cover in this episode include:00:40 Evaluating the Cost and Benefits of New Technology04:30 Drones: Aerial Imaging and ROI08:33 Robotics and Automation on the Job Site14:45 Wearables and Exoskeletons: Enhancing Worker Efficiency18:51 Augmented and Virtual Reality in Construction20:37 IoT Sensors and Smart DevicesLINKSVisit the episode page at https://carpentercpas.com/techroi for more details and a transcript of the show.Take the FREE Construction Company Health Evaluation: https://profitfirstconstruction.com/free-resource-evaluate-your-accounting-system/Join the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

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    Unlocking Contractor Success with Mastermind Groups Featuring Karyn Greenstreet

    Play Episode Listen Later Mar 10, 2025 33:39 Transcription Available


    Send us a textFeeling isolated as a contractor? Discover how mastermind groups can transform your business. Join Wade and expert Karyn Greenstreet as they dive deep into the benefits, structure, and success stories of mastermind groups on the latest episode of Contractor Success Forum. Learn how these peer advisory boards can help you tackle challenges, innovate, and stay accountable. Find out what makes an effective group, the typical meeting structure, and how to choose the right group for you. Whether you're a seasoned business owner or just starting out, this episode is packed with valuable insights and practical advice. Subscribe to get notified as soon as new episodes go live on YouTube: https://www.youtube.com/@CarpenterCPAs?sub_confirmation=1Topics we cover in this episode include:00:27 Meet the Expert: Karyn Greenstreet 01:54 Understanding Mastermind Groups 05:44 Different Types of Mastermind Groups 09:25 Benefits of Joining a Mastermind Group 16:12 How to Structure a Mastermind Group Meeting 24:54 Finding the Right Mastermind Group for You LINKSNeed help choosing a mastermind group to join? Get the "Find Your Perfect Mastermind Group" ebook Want to start a mastermind group? Watch the "Speed Up Growth: Start a Mastermind Group" video tutorial for ideas and suggestions.Visit the episode page at https://carpentercpas.com/mastermind for more details and a transcript of the show.Take the FREE Construction Company Health Evaluation: https://profitfirstconstruction.com/free-resource-evaluate-your-accounting-system/Join the Profit First for Construction community!Find all episodes and related links at ContractorSuccessForum.com.Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs FIND US ONLINEWade Carpenter, CPA, CGMA | CarpenterCPAs.comStephen Brown, Bonding Expert | SuretyAnswers.com

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