Estate Planning Myths, Mistakes, and Nightmares with Jon Braddock | E335
The Construction Leading Edge Podcast
Release Date: 05/13/2024
Your Construction Business Is Doing Exactly What It’s Designed To Do | Ep 423
The Construction Leading Edge Podcast
🚀Download the How to Buyout a Construction Project Playbook ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 423: Does this sound familiar? You set goals every year, swear you'll fix the chaos in your business, and then 12 months later, you’re still firefighting, still stuck in the same mess, and all you have is a stack of “almosts.” In this episode, I am breaking down why so many construction businesses hit the same wall over and over again no matter how hard the owners work. You’ll hear the 4 structural traps that are secretly...
info_outline
How Elon Musk Would Streamline Your Construction Business: 5 Steps | E422
The Construction Leading Edge Podcast
🚀Download the How to Buyout a Construction Project Playbook ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 422: If you’re a general contractor, and you feel like you're buried under processes, stuck in the weeds, and constantly spinning to keep things moving... this episode is going to give you the roadmap to simplify, systematize, and scale without burning out. I will be diving into Elon Musk's 5-step algorithm for making complex systems work better and show you exactly how to apply it to your construction business. Here's the deal:...
info_outline
The Builder Identity Crisis: What Got You Here Won’t Get You There | Ep 421
The Construction Leading Edge Podcast
🚀Download the How to Buyout a Construction Project Playbook ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 421: If you feel stuck in your business, the problem might not be your team, your schedule, or your subs… it might be your identity. In this episode, I’m discussing one of the biggest hidden growth killers I’ve seen in the construction world. The version of you that got your business to this point likely won’t get you to where you want to go. In fact, it might be the very thing holding you back. I will unpack 4 old...
info_outline
Cut Preconstruction Timelines in Half: 6 Strategies From Managing $300M | E420
The Construction Leading Edge Podcast
🚀Download the How to Buyout a Construction Project Playbook ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 420: If pre-construction is dragging on, you’re not just losing time but also revenue, team capacity, and control. In this episode, I’m going to show you how to cut your pre-construction timelines in half and finally get your projects to the starting line on time. Here’s what we’re going to cover: The biggest mistakes contractors make at the beginning of a project Why do many projects die in pre-construction How to...
info_outline
Repossess Your Time by Fixing These 3 Hidden Design Flaws in Your Construction Business | Ep 419
The Construction Leading Edge Podcast
🚀Download the How to Buyout a Construction Project Playbook ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 419: You’re regularly putting in 70-hour weeks, but the needle still isn’t moving. Calls. Texts. Problems. Decisions. It all falls on you. It may not be a time management problem but a design problem. In this episode, I’ll explain why your business keeps pulling you back into chaos, and how to finally break free from the day-to-day firefighting. Here’s what we’ll cover: Why working harder won’t fix your time problem ...
info_outline
Accountability Requires Clarity: How to Get Your Team to Take Ownership | E418
The Construction Leading Edge Podcast
🚀Download our FREE Strategic Planning Guide ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 418: Are you tired of chasing your team for every little thing? Getting your team to take ownership is one of the most common frustrations I hear from construction business owners. But here’s the truth: your team isn’t lazy, and it’s not a people problem. It’s a clarity problem. In this episode of The Construction Leading Edge podcast, I’ll explain why the real barrier to accountability is often a lack of clear expectations, processes,...
info_outline
Get Out of the Builder Trap with Daniel Queen | E417
The Construction Leading Edge Podcast
🚀Download the How to Buyout a Construction Project Playbook ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 417: Are you tired of doing everything in your construction business and still feeling stuck? Most construction business owners believe that working harder will solve everything. However, Daniel Queen, founder of Built by Coalition, a custom home building company in Charlotte, North Carolina, discovered that by wearing too many hats, he became the bottleneck in his business. In this episode of the Construction Leading Edge podcast,...
info_outline
Scaling Fast? Stop Chasing Sales and Fix THIS First with Cole West | E416
The Construction Leading Edge Podcast
🚀Download our FREE Strategic Planning Guide ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 416: Is your construction business always in firefighting mode? As a project manager turned integrator at Matchless Concrete Construction, Cole West knew they were growing too fast, but they were also bleeding money, missing deadlines, and drowning in chaos. In this episode of the Construction Leading Edge podcast, Cole shares how he and his team have dramatically reduced chaos, boosted margins, and reclaimed lost time. Today, we’ll talk about… ...
info_outline
7-Figure Growth Starts with Lean Systems w/ Tod Ingersoll | E415
The Construction Leading Edge Podcast
🚀Download our FREE Strategic Planning Guide ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team – EPISODE 415: Do you always feel like you’re constantly putting out fires, drowning in details, and barely keeping your construction business afloat? It doesn’t always have to be that way. In this episode of the Construction Leading Edge podcast, I sat down with Tod Ingersoll, founder and president of NuWood Creations, who scaled his company from doing small projects to 7-figure design-build jobs by doing something most contractors avoid—letting go. Today,...
info_outline
The Hidden Reason Your Projects Keep Slipping—and How to Stop It | E414
The Construction Leading Edge Podcast
🚀Download the How to Buyout a Construction Project Playbook ☎️Schedule a Business Evaluation Call with The Construction Leading Edge Team 📝Is Your Construction Business Ready to Scale? Take the FREE Online Assessment – EPISODE 414: Have you ever had a project delay wreck your schedule and cash flow? Most of us would argue that project slippage is beyond our control, but actually, it’s not. In this episode of the Construction Leading Edge podcast, I’ll unpack four powerful strategies to stop project slippage from derailing your business. Today, you’ll learn… Why project...
info_outlineEPISODE 335: What would happen to your family after you’re gone?
Estate planning may not be as fun as booking a trip but without it, it’s like throwing away everything you’ve worked so hard for. Yet, research shows that fewer than 50% of Americans have a will or any form of estate plan.
Who gets what? How do your loved ones access your assets? What about your ongoing projects? How can your construction business continue operating in your absence?
Joining me in this week’s episode is Jon Braddock. Jon is an estate planning expert and he’s here to share his experiences and insights on the often overlooked necessities of estate planning.
Jon and I talk about some of the common myths, misconceptions, and mistakes of estate planning that small business owners must avoid.
Whether you’re concerned about organizing your asset information, documenting crucial business processes, or simply unsure where to start crafting your will, this conversation provides you the knowledge and motivation to take action now.
Let’s dive in!
Key Takeaways:
Introduction (00:00)
Meet Jon and his works at Estate Planning Nightmares (02:33)
Real-life examples of estate planning nightmares (07:20)
Ripple effects of poor or non-existent estate planning (12:46)
Common misconceptions people have about estate planning (14:48)
Importance of creating a solid estate plan (19:27)
What small business owners need to realize (27:08)
Why business continuity planning for small businesses matters (33:54)
The power of documented processes and systems (39:19)
First few steps in estate planning (46:16)
Episode wrap-up (53:06)
Additional Resources:
- Download the Legacy Planning Checklist HERE
- Join our FREE Get Out of Your Construction Business Masterclass HERE
- Download your FREE strategic planning guide HERE
- Schedule your FREE business evaluation call with our team HERE
- Grab a copy of Jon’s book, Click Here When I Die
--
The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.
Follow us on your favorite podcasting platform so you never miss an episode!