Physical Progress vs. Financial Reporting in Construction Projects
Release Date: 01/06/2026
How MEP Contractors Make Money With Prefab
Construction Genius
Prefabrication won't save your MEP company on its own. Run it wrong and it quietly bleeds you. In this episode, Jake Olsen, CEO of Stratus, explains how to make fab actually pay off. He's a structural engineer with more than twenty years in construction and construction tech, and he's blunt about where the money goes. In this conversation you'll learn: Why prefab is really a labor strategy, and how "geographic arbitrage" keeps your crews busy Why MEP fab is neither manufacturing nor field construction, and why that matters How overproducing and carrying too much work-in-progress strands...
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Selling to Your Employees: How ESOPs Work for Construction Company Succession
Construction Genius
Most construction owners think they have four exit options. Pass it to a kid. Sell to an employee. Sell to a competitor. Sell to private equity. The reality is harder. Private equity passes on most contractors. Competitors often aren’t buying. That’s why ESOPs are now the fastest-growing succession trend in construction. Kelly Finnell, CEO of EFS ESOP Consultants, has done 22 ESOPs for general and specialty contractors in recent years. In this episode, Kelly explains how the deal is actually structured, what the owner walks away with, and where most owners are wrong about “leaving money...
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Question Everything: How to Innovate Construction Materials and Methods
Construction Genius
Sam Fertik went from running a 20-course tasting restaurant in Manhattan to building homes out of concrete and steel that he says last a thousand years. He's the CEO and Founder of Carbon Custom Builders. In this episode, Sam and Eric trace the chef-to-contractor journey and the one question that reshaped his whole business. Why are we still building houses the way we did in 1850? What you'll learn: What ICF (Insulated Concrete Forms) is and why it turns homebuilding into a repeatable science Why the average home lasts 30 years and how concrete-and-steel construction changes that How a...
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Get Off the Bid List: Build a Construction Business Development System That Wins Negotiated Work
Construction Genius
Most contractors are stuck on the bid list and don’t know it. They tell themselves they’re a preferred contractor. The numbers say otherwise. In this episode, Matthew Neuberger of Neuberger and Company joins Eric to break down why business development inside most construction companies fails, and the simple system that fixes it. Matthew runs a Sandler training franchise focused on contractors, so he sees this every day. What you’ll learn: Why 60 to 70 percent of a growing contractor’s revenue comes from inbound calls, not bid invitations The three-part business development system:...
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How to Read Your Backlog Like a Banker: Timing, Diversification, and Gross Profit Discipline
Construction Genius
How’s your backlog right now? In Part 6 of the Construction Accounting Series, Eric sits down again with CPA Kathe Barrington to unpack what backlog really is, and what it isn’t. They dig into why committed-but-unstarted jobs belong on your WIP the day you’re awarded, how to use backlog to forecast labor, equipment, and cash, and why a backlog that looks great in aggregate can still leave you with a nine-month hole in the schedule. Kathe lays out the ideal backlog-to-revenue ratio, the red flag of growing backlog with compressing gross profit, how client and project-type concentration...
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Get the Most Out of Every Project Meeting: ChatGPT 201 for Construction Leaders
Construction Genius
Your meeting transcripts are the most valuable data set your company throws away. This is ChatGPT 201, part two of our AI for construction companies series with Dylan Davis, AI consultant and coach and my collaborator on the Construction Genius GPT course. We take one task every contractor has, the meeting follow-up email, and turn it into a repeatable AI workflow you can run every week. What you'll learn: What makes an AI workflow instead of a one-off prompt How to find your best automation targets inside the bid, the build, and the bill How to teach ChatGPT your writing style with...
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Unapologetically Hardcore: Applying Elon Musk’s Algorithm to Construction Leadership, with Eric Jorgenson
Construction Genius
Elon Musk builds rockets. You build buildings. Different industry. Same problems. Bad requirements, bloated processes, too many parts, slow cycle time. Eric Jorgenson is the CEO of Scribe Media and the author of The Book of Elon, a curated collection of Elon Musk’s most useful ideas drawn from his tweets, interviews, and public conversations. In this episode, we walk through Elon’s five-step algorithm and apply it directly to how construction companies get work, plan work, and build work. What you’ll learn: Why questioning requirements and deleting parts is 80 percent of the...
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AI Won't Fix a Badly Run Company: AI 101 for Construction Leaders
Construction Genius
AI won't fix a badly run company. But if you're already running a good one, it can save you hours every week on the work that eats your time: RFIs, change order drafts, meeting summaries, estimating. Dylan Davis is an AI consultant and coach, and my collaborator on the Construction Genius GPT course, where we teach construction professionals to use AI on real work. This is part one of our new series on AI for construction companies: AI 101, in plain English, with zero hype. What you'll learn: What AI actually is (a prediction machine) and where it fits in everyday construction work Why...
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Pick Up the Phone, Win the Client: How to Build a Client-First Company
Construction Genius
Daniel McCaulley, P.E., is the founder of Ultimus Engineering, a faith-based engineering firm in Texas delivering MEP, aquatics, and structural engineering across 22 states. On this episode, Daniel shares what he learned from his first failed hire, how he transitioned from corporate engineering to running his own firm, and why the human side of client service matters more than ever. Key Takeaways: Remote work is a privilege, not a right. Small firms need people who understand that every hour is visible. Daniel moonlighted for two years and saved a year of living expenses before going full...
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Why Your Team Isn't Executing (The Simple Fix Most Construction Leaders Miss) with Jon Dario
Construction Genius
Jon Dario is an author, speaker, and retail leadership expert who has held leadership roles with some of the top companies in the retail and financial services industries including Macy’s, Gap, and Bank of America. He is currently CEO of a real estate company in the metro NY area. Jon is the creator of AIM, a system that turns managers into execution machines and enables them to deliver radically reliable results. His fifth book, AIM, is available for purchase. In this episode, Jon walks through the Pyramid of Standards, a framework for defining what matters most in your business and making...
info_outlineThe field says the job is further along. Accounting says it’s not.
In this episode, Eric Anderton and Kathe Barrington, CPA explain why that disconnect exists—and why both sides are right.
The field measures physical progress. Accounting measures financial reporting. When those systems fall out of sync, WIP becomes unreliable, billing lags, and cash flow suffers.
This episode is Part 3 of the Construction Accounting Series, following:
If you want fewer surprises and better control over your jobs, don’t miss this conversation.