Transform Your Construction Company: Lane Boland's Proven Strategies for Success
Driven To Win - A podcast by Chaz Wolfe - Mondays
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Host Chaz Wolfe welcomes Lane Boland, Partner & Chief Operating Officer at CQC Home, a design, build, and remodeling company to the king’s stage. Lane's fascinating journey began with a career as an army officer, followed by stints in finance and venture capital, before pivoting to the construction industry. Lane's relentless grit and determination allowed him to create and sell multiple general contractor/remodeler businesses in various cities across the Midwest.During their conversation, Lane and Chaz cover a range of topics, from the importance of accountability and playing the game at higher levels, to a pivotal moment that changed everything for Lane just as he was about to declare bankruptcy. They also discuss Lane's decision to replace his entire workforce with project directors, his recipe for business discipline, and the two key reasons to change your game. This episode is packed with golden nuggets that every business owner, especially those in the construction industry, will benefit from hearing. Don't miss out – listen now to learn how Lane's experiences can help you elevate your business game!During this episode, you will learn about;[00:01] Podcast Intro clips [01:16] Introduction to Lane Boland[04:17] Lane on doing whatever it takes[05:43] Lane’s Burning Desire[17:33] A good decision Lane made in his business[20:58] How Lane finds his workforce[29:26] A bad choice Lane made in his personal and business life[35:09] How a receptionist contributes to net worth [39:25] Lane’s advice to business owners that want to stay small[42:31] Lane’s decision making process[45:37] There’s only 2 reason to change your game[48:33] Lane’s process for evaluating opportunity[51:14] Lane’s #1 KPI [54:37] Lane’s opinion on intentionally networking and masterminding with other entrepreneurs[57:54] If Lane could speak to his last self, what would he say?[1:00:26] How to connect with Lane[01:03:17] Info on Gathering The Kings Mastermind Notable Quotes"If you're persistent enough, you'll find any answer you want through a Google search. The cost of implementation is money." - Lane Boland"I don't care how hard you're trying; if we're not achieving the bar, you're not doing enough." - Lane Boland"It's an infinite game. The purpose of the game is to play at a higher level and with bigger stakes." - Lane Boland"We all have learning seasons and earning seasons. You never know how long each one will last." - Lane Boland"If you're losing money on the back end, all you're doing with marketing and sales is accelerating your decline into bankruptcy." - Lane Boland"The way self-made wealthy people think about money is wildly different from wage slaves." - Lane Boland"Chaz, I have no interest in being average." - Lane Boland"It comes down to doing your homework and being a professional." - Lane Boland"96% of construction trade businesses go out of business every 10 years because there is no succession planning." - Lane Boland"The reason your business is small is that you keep finding new opportunities because they are shiny and exciting. However, you don't bother mastering the one that's paying your bills." - Lane Boland"The quickest way to find high-quality friendships is to purchase your way into a room of those people. By doing so, you demonstrate to the room that you hold a certain level of value for yourself, enabling you to be in the same room with them. Then the real conversation and...