The Construction Leading Edge Podcast
Business:Entrepreneurship
EPISODE 285: Are you part of or considering joining a family construction business? Do you find it hard to handle a family partnership?
Our guest for today has learned it the hard way.
In this week's episode, Systematized Your Construction Business (SYCB) coach, Monish Khadye, sits down with construction business owner and SYCB mentee Jake Lewendal.
Jake built Momentum Development after coming out from two business partnerships, one of which was a family partnership that took a toll on his family.
Today, Jake shares some key learnings from his family partnership, the best practices when considering joining a family business, and a few crucial things you must do upfront when setting up a business partnership.
He also talks about handling hard conversations and rejections, the positive ripple effects he has experienced in life and business after joining SYCB, and more.
Let's jump in!
Key Takeaways:
How Jake got into the construction world (03:16)
The biggest shift that turned him from failure to success (08:57)
How their family construction business broke down (15:24)
On filling up the void with a business partner (21:20)
Tips for people who are a part of or considering joining a family partnership (31:43)
What he believes to be true in business that others find unconventional? (43:57)
How Jake’s strengths became his weaknesses (45:56)
Crucial questions to ask when starting a construction business (1:02:56)
How to deal with rejection and build a rejection-proof routine (1:04:07)
The main construction problems he had before joining SYCB (1:16:54)
Most impactful things he learned from the SYCB program (1:25:13)
How to systematize your construction business (1:42:39)
Additional Resources:
- Schedule a FREE breakthrough session now with our team HERE
- Learn how to get out of your business and make it run without you HERE
- Visit Construction Leading Edge for more HERE
Connect with Jake Lewendal
- Reach out to Jake by sending your email to jake@momentumdevelopmentmt.com
- Follow or DM Jake on Instagram HERE
- Follow Momentum Development HERE
--
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!
How Adversity Can Crush You or Make You Unstoppable (You Choose) | E320
Why Breaking Old Habits is Key to Achieving New Business Heights | E319
How Referrals Can Hurt You & Other Insider Marketing Secrets with Spencer Powell | E318
4 Crucial Steps to Level Up Your Business in 2024 | E317
Breaking Down the Top 10 Challenges and Myths of a Visionary Leader with Monish Khadye (A Replay) | E316
Business Building Lessons from the Fighter Plane That Won WW2 | E315
How CEOs Think Differently About Money & Financial Systems with Luke Holcomb | E314
The Systems Behind an 8-Hour Workweek with Monish Khadye | E313
Mistakes to Avoid If You Want Your Business Sellable: Why 80% of Construction Businesses are Designed to Fail
Recession Proof: 10 Ways to Make Your Business More Resilient | E311
5 Ways Right-to-Left Thinking Can Work for You | E310
Growing a $250M Business by Focusing on Preconstruction with Wes Palmisano | E309
From Chaos to Control: Four-Step Blueprint to Save 40 Hours a Month | E308
Reexamine Your Job as CEO | E307
Wealthy Clients, Reframing Problems and Letting Your Team Create Processes with Michael Algren | E306
How to Make Faster, Better Decisions Like a CEO | E305
How to Get Anyone to Do Anything with Instant Influence Principles | E304
Will Your Business Scale or Is It Designed to Fail? | E303
The Reality of Running a Construction Business with Your Spouse | E302
The Real Reasons Your Team Won’t Change | E301
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
Organic Marketing Simplified: Effective podcasting strategy for growth and monetization
THE GO BIZ GUY
The Sigma Femme Podcast
The Prof G Pod with Scott Galloway
The Tim Ferriss Show