5. Five Things Every Building Company Must Have With Andy Skarda

In episode five of the Professional Builders Secrets podcast, our host, Bosco Anthony is joined by Head Coach at the Association of Professional Builders, Andy Skarda . Throughout this episode, Andy shares the five things that every successful building company must have. Andy is an ex-attorney/solicitor who made the transition from law into business over 30 years ago. Throughout his career he has owned and led businesses in South Africa, the United States, South-East Asia and Australia. During this time Andy learnt the secrets to building and running businesses effectively and profitably, which transitioned him into his coaching career. In this episode of the podcast, Andy reveals the five fundamental principles for a building company and why 80% of building companies fail within their first five years of operating. Andy also shares some key insights into the risks that builders are currently facing and what is expected to come for the industry. Tune in to the full episode to hear Andy's story and exactly how you can prepare for the future as a builder. ABOUT ANDY SKARDA Head Coach at the Association of Professional Builders, Andy specialises in helping business owners in the building industry identify and implement the skills and systems they need to be successful, without needing to go back to school. Or more importantly, without going bust. Connect with Andy: linkedin.com/in/andy-skarda-92a6875 TIMELINE 1:59 Andy’s background. 6:33 What coaching is to Andy. 10:22 State of the industry today. 14:53 Why builders need to have financial awareness. 15:50 How coaching helps builders. 17:24 Why 80% of building companies fail in their first five years. 19:32 Five (+1) fundamentals for a building company. 21:49 APB Membership vs APB Mentoring. 24:14 Challenges that builders face. 27:29 Risks builders need to pay attention to. 33:28 Preparing builders for the future. 36:55 Andy’s advice to builders. LINKS, RESOURCES & MORE APB Website: associationofprofessionalbuilders.com APB on Instagram: instagram.com/apbbuilders/ APB on Facebook: facebook.com/associationofprofessionalbuilders APB on YouTube: youtube.com/c/associationofprofessionalbuilders Join the Professional Builders Secrets Facebook group for builders & connect with professional builders world-wide: facebook.com/groups/builderssecrets