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Remodelers On The Rise by Kyle Hunt is a podcast designed to inspire remodeling entrepreneurs like yourself. Practical tips, high-level strategy, specific examples, and information that you can grab and implement into your remodeling business. The goal is to empower you to make your remodeling business more enjoyable, profitable, and enable you more freedom in your business and life.

"Kyle you do such a great job delivering great content on your podcast, while simultaneously entertaining your listener. Your genuine, open honest approach, matched with your ability to dig deep, not take things too seriously and deliver GREAT value is such a wonderful combination. Keep those podcasts coming!"Recent Podcast Review

"I've been a contractor for 20 years but always learn something new From Kyle' podcasts. Especially liked the 2 episodes on Smart Selling. Hope you'll put out more of them!" - Recent Podcast Review


 

 

 

 

Dec 14, 2023

In this episode of Remodelers on the Rise, Kyle Hunt engages in a compelling conversation with Nick Kornea, owner of LBK Design Build, to uncover the core elements of success in the remodeling industry. Together, they explore the crucial aspects of team-building, emphasizing the importance of a positive company culture and the strategic use of technology. From assembling the right team to understanding financials and finding mentors, this episode is a treasure trove of insights for remodeling business owners.
 
The discussion takes a deep dive into practical strategies for enhancing sales and project management within the construction realm. Kyle and Nick share valuable tips, such as leveraging tools like Calendly and automation to streamline processes, creating precise estimating templates for accurate job costs, and implementing effective communication through standardized procedures and job descriptions. The episode also addresses the broader landscape of leadership, growth, and the dynamics of collaborating with trade partners, offering a well-rounded perspective on navigating the challenges of the industry.

As the conversation unfolds, Kyle and Nick round off the episode by emphasizing the pivotal role of defining company identity and targeting the right demographic in marketing efforts. Whether you're a seasoned professional or just starting in the remodeling business, this episode of Remodelers on the Rise provides actionable insights to propel your success in the industry. Tune in and transform your remodeling business!

Click here to see the tour of Nick's office that Kyle mentioned!

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Explore the vast array of tools, training courses, a podcast, and a supportive community of over 1,700 remodelers. Visit RemodelersOnTheRise.com today and take your remodeling business to new heights!

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Chapters
00:00 - Introduction and Appreciation
02:05 - Nick's Background and Starting LBK Design Build
03:53 - The Importance of Building the Right Team
08:51 - Creating a Positive Company Culture
17:54 - Understanding and Utilizing Financials
28:46 - The Value of Finding Mentors
32:37 - Implementing Technology in the Business
39:08 - Using Calendly and Automations
42:22 - Estimating and Job Costs
44:39 - Standard Operating Procedures and Job Descriptions
47:42 - Leadership and Growth
48:26 - Trade Partners and Pros/Cons
51:11 - Company Identity and Marketing
 
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Takeaways
  • Building the right team is crucial for the success of a remodeling business. Hiring the right people and placing them in the right positions allows the leader to step back and focus on growing the company.
  • Creating a positive company culture is essential for maintaining a motivated and productive team. It is important to hire people who align with the company's values and to address negativity and poor performance promptly.
  • Understanding and utilizing financials is key to running a profitable business. Monitoring key financial metrics such as gross profit percentage, net profit percentage, and marketing expenses can help guide decision-making and ensure profitability.
  • Finding mentors and seeking advice from successful business owners can provide valuable insights and help accelerate business growth.
  • Implementing technology, such as project management software, can improve client communication, streamline processes, and enhance overall efficiency and productivity in the business. Utilize tools like Calendly and automations to streamline the qualification and appointment setting process.
  • Create estimating templates to ensure accurate job costs and hit target margins.
  • Implement standard operating procedures and clear job descriptions for better team communication and accountability.
  • Focus on leadership and growth to take your company to the next level.
  • Consider the pros and cons of working with trade partners and ensure a positive working relationship.
  • Define your company identity and target the right demographic in your marketing efforts.