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Estate Planning Myths, Mistakes, and Nightmares with Jon Braddock | E335

The Construction Leading Edge Podcast

Release Date: 05/13/2024

How To Hold Employees Accountable: The Big 5 System | Ep. 456 show art How To Hold Employees Accountable: The Big 5 System | Ep. 456

The Construction Leading Edge Podcast

Todd Dawalt breaks down how to hold employees accountable in your construction business using the Big 5 Accountability System. It's a simple, repeatable way to build ownership across your team without micromanaging or hovering all day. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉If you're constantly repeating yourself and correcting the same mistakes, this episode hands you a five-step system to hold your team accountable without chasing everyone down. Hit play to build accountability into your business instead of carrying it on your shoulders. If...

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How Builder CEOs Get Sh*t Done (Without More Willpower or Fixing Your ADHD Brain) | Ep. 455 show art How Builder CEOs Get Sh*t Done (Without More Willpower or Fixing Your ADHD Brain) | Ep. 455

The Construction Leading Edge Podcast

If you stay busy all day but the work that actually grows your construction business keeps getting pushed to tomorrow, the problem probably isn't your willpower or your ADHD brain. In this episode, Todd Dawalt breaks down the deep work system builder CEOs use to cut interruptions, protect their time, and get the important work done. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉 You start the week knowing exactly what you need to work on, then somehow reach Friday having answered every email and put out every fire while the work that actually moves your...

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How Cody Scaled His Custom Home Business to Increase Profit and Win Back His Life | Ep. 454 show art How Cody Scaled His Custom Home Business to Increase Profit and Win Back His Life | Ep. 454

The Construction Leading Edge Podcast

Custom home builder Cody Reimer went from a burned-out two-man crew to running a 12-person company that operates without him in the day-to-day. Todd Dawalt breaks down the construction business systems and the paid pre-construction process that moved Cody out of the field and into a real CEO role. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉When Cody Reimer reached out to Todd Dawalt, he was close to hanging up the belt. He had a two-man operation and a crew that had left one guy at a time. Worse, he was starting to see that he was the bottleneck. As...

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Why Waffle House Is More Systematized Than Your Construction Business | Ep. 453 show art Why Waffle House Is More Systematized Than Your Construction Business | Ep. 453

The Construction Leading Edge Podcast

If you're a contractor working 60 to 80-hour weeks and still putting out fires, here's an uncomfortable truth: Waffle House is probably more systematized than your construction business. Todd Dawalt sat at the counter during a lunch rush and walked out with four systems lessons that show exactly where your company is bleeding time and profit. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉 It started with a cook's shirt that read "$2 Million Club." That sent Todd down a rabbit hole into how Waffle House runs its line with no iPads, no kitchen displays, and...

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The 5-Step Hire Right System: How Construction Business Owners Can Hire Better with Justin Landry | Ep. 452 show art The 5-Step Hire Right System: How Construction Business Owners Can Hire Better with Justin Landry | Ep. 452

The Construction Leading Edge Podcast

Hiring for your construction business shouldn't feel like an emergency every time you do it. In this episode, Todd Dawalt sits down with JL Talent Solutions founder Justin Landry to break down a five-step system for hiring better construction employees without leaning on gut feel. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉 Most construction owners only start hiring when someone quits or the team is already stretched past its limit. Justin Landry calls this the reactive hiring trap, and it's why so many builders end up hiring for skills when the thing...

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Crossing the Rubicon & the Desperate Ground Principle for Builders | Ep. 451 show art Crossing the Rubicon & the Desperate Ground Principle for Builders | Ep. 451

The Construction Leading Edge Podcast

The year is half over. Are you halfway to your goals, or halfway to another year of almosts? In this episode, Todd DeWalt breaks down why so many construction business owners stay stuck overthinking the decision they already know they need to make, still camped on the wrong side of their own Rubicon, waiting on a little more research and a little more certainty before they move. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉 Todd pulls from three places to make the point: Caesar crossing the Rubicon with no plan B, Sun Tzu putting his own troops on...

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AI Is Lying, Customers Aren’t: Radical Transparency and Culture-Building with Eric Fortenberry | Ep. 450 show art AI Is Lying, Customers Aren’t: Radical Transparency and Culture-Building with Eric Fortenberry | Ep. 450

The Construction Leading Edge Podcast

Why are you still stuck in the middle of everything, even with the best tools, a solid team, and steady projects coming in? In this episode, Todd DeWalt sits down with Eric Fortenberry, founder and CEO of JobTread, to dig into the real reasons contractors stay under-profitable and overworked, and what it takes to finally get off the hamster wheel. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉 Eric has worked with over 12,000 construction businesses, and he sees the same pattern over and over: owners who don’t know their numbers, won’t delegate, and...

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The Hidden Design Shift That Unlocks Growth, Profit, and Free Time in Your Construction Business | Ep. 449 show art The Hidden Design Shift That Unlocks Growth, Profit, and Free Time in Your Construction Business | Ep. 449

The Construction Leading Edge Podcast

Can you grow your construction business, pay yourself real profit, and still work a normal 40 to 50 hour week? Most construction business owners are working harder than ever and going backwards. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉 If you're grinding 60-hour weeks and every decision still runs through you, the problem isn't what you think. If you own a construction business, this is the question that keeps you up at night: how do you grow, pay yourself real profit, and get back to a normal week? Todd Dawalt has helped hundreds of contractors...

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The One Question That Finally Gets Your Clients To Follow Your Process | Ep. 448 show art The One Question That Finally Gets Your Clients To Follow Your Process | Ep. 448

The Construction Leading Edge Podcast

Got construction clients who miss selection deadlines, go around your communication process, then blame you when the schedule slips? In this episode of the Construction Leading Edge Podcast, Todd Dawalt shares the one question that gets your team to hold clients accountable to your process without sounding rigid. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team: 👉 You'll walk away with a simple three-step framework for getting clients to follow your process: find the parking brake, ask your team one question, and build your "This Is How We Do It" playbook....

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Short-Staffed or Just Disorganized? 5 Tests Before You Hire | Ep. 447 show art Short-Staffed or Just Disorganized? 5 Tests Before You Hire | Ep. 447

The Construction Leading Edge Podcast

Before you hire your next superintendent, project manager, or estimator, you need to know whether you have a capacity problem or a process problem. Todd Dawalt walks construction business owners through a five-step hiring framework to make smarter, more strategic staffing decisions. ⚡Schedule a Business Evaluation Call with The Construction Leading Edge Team:    👉 If your PMs are stretched thin, your supers can't be everywhere, and every question still finds its way back to you, it's easy to assume you need to hire. But in a lot of construction businesses, the bottleneck isn't...

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More Episodes

EPISODE 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 

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The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.

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