Master Builders Elevate: Building a Better Business

In this month's Chief's Chat Ryan talks to David Kelly, CEO of Master Builders, about challenges we're facing such as product supply and inflation, and strategies for keeping our focus on what we can control

Show Notes

In this month's Chief's Chat Ryan talks to David Kelly, CEO of Master Builders, about the main challenges that the construction industry is facing such as product supply and inflation, and strategies to help us deal with them by keeping focus on what we can control.
 
David highlights that while the current inflation figure of 6.9% is being widely reported, the construction inflation is 18% to build a new home. However we can't change inflation so we need to keep focusing on what we can control to get through this challenging time - to manage your cash flow, making sure your balance sheets are in order and to reach out for support if needed. 

Ryan and David also talk about the increased significance of using the 10-year Master Build Guarantee because of the new bank requirements. In many cases, if you can't get the guarantee then a bank won't lend. Master Builders worked really hard to make sure that the 10-year Master Build Guarantee is the best guarantee in the market to protect the biggest investment most people will make in their lifetime.
  
Where else you can find us
Website: https://www.masterbuilder.org.nz/
Elevate Platform: http://elevate.masterbuilder.org.nz
Instagram: https://www.instagram.com/masterbuildernz/
Facebook: https://www.facebook.com/registeredmasterbuilders
YouTube: https://www.youtube.com/channel/UCmh_9vl0pFf0zSB6N7RrVeg
Twitter: https://twitter.com/MasterBuilderNZ
 

What is Master Builders Elevate: Building a Better Business?

Welcome to the Master Builders Elevate podcast, hosted by Ryan Castle, where we discuss topics and talk with experts, advocates and business owners in the New Zealand construction industry. We share knowledge, insights and experiences to help you build a better business and enjoy a better life. The podcast explores ideas and practices that help builders get the best from their businesses, teams and themselves. Every second week a new episode will be released. You can listen online or find and subscribe to the podcast on your favorite podcast platform, such as Spotify or Apple Podcasts.

In addition to a podcast, Registered Master Builders Elevate is the online learning portal exclusively for Master Builders. Here you’ll find courses, microcourses and other learning resources – all free to you as part of your membership. Elevate offers the flexibility to learn what you need when you need it and at your own pace. The learning platform can be accessed anywhere, anytime and on any device and is available to all your staff. When members complete an Elevate course, they also earn LBP points.