PROFESSIONAL BUILDER SECRETS PODCAST

Episode 167: Succession Planning With Russ Stephens and Sky Kolade

Everyone needs to be on the same page for what an exit looks like for you, and who will be the successor.

Professional Builders Secrets brings you an exclusive episode featuring Sky Kolade and Russ Stephens, Co-founders of APB. In this episode, the two delve into the critical topic of succession planning for building companies. They explore why succession planning is vital, how to start preparing, and actionable steps to ensure a seamless transition for your business.

Inside episode 167 you will discover

  • The importance of succession planning for long-term success
  • How to create a succession plan tailored to your business needs
  • Key strategies for preparing successors, whether internal or external
  • Common mistakes to avoid during the succession process
  • And much, much more.

key moments

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  • 1:30 Why builders need a succession plan
  • 5:20 The role of company culture in succession planning
  • 6:26 Shocking stats about builders without succession plans
  • 14:19 Key factors that make a building company ready for succession
  • 27:38 How to prepare a successor and ensure a smooth transition
  • 40:49 Common mistakes builders make with succession planning

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key moments

  • 1:30 Why builders need a succession plan
  • 5:20 The role of company culture in succession planning
  • 6:26 Shocking stats about builders without succession plans
  • 14:19 Key factors that make a building company ready for succession
  • 27:38 How to prepare a successor and ensure a smooth transition
  • 40:49 Common mistakes builders make with succession planning

Heading

Apparatus Contractor Services

This episode is proudly sponsored by Apparatus Contractor Services

Russ Stephens is a Co-founder of the Association of Professional Builders, a business coaching company dedicated to improving the residential construction industry for both builders and consumers. Russ is a data analysis expert who has introduced data-driven decision making to the residential construction industry. Russ is also a proud member of the Forbes Business Development Council.

Sky Kolade is a Co-founder of the Association of Professional Builders, a business coaching company dedicated to improving the residential construction industry for both builders and consumers. Sky is a proud member of The National Association of Women in Construction and she was also recognised as one of 2023’s Top 100 Women.

“A specialised podcast made just for the owners of custom home building companies. Extraordinary guests, valuable content and  amazing stories from other builders.”

Cheri K

5-star review on Apple Podcasts

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