Send us a textOn this episode of The Build Mentor Show we dive into the entrepreneurial journey of Peter Simpson - a successful franchisor in the building industry. From his early days as a carpenter to leading a thriving franchise, Pete shares invaluable insights on navigating the challenges of the construction business, the importance of mentorship and his thoughts on managing risks and client expectations.Discover how Peter's passion for building and leadership has shaped his career and learn from his experiences to elevate your own business journey.Key Takeaways:Transitioning from carpentry to building requires not just technical skills but also business acumen, particularly in managing cash flow and client expectations.Mentorship and guidance are crucial in the early stages of a building career, but ultimately, taking risks and learning independently is essential.Identifying and mitigating risks, especially in cash flow and client management, is vital for business success.Leadership in the building industry involves leading by example, understanding every role within the company, and providing autonomy to team members.Building a successful franchise requires a strong system and support network, allowing franchisees to benefit from collective experience and avoid common pitfalls.Effective marketing and client relationship management are key to growing a building business from the ground up.Join The 1 Thing Newsletterhttps://buildmentor.com.auLeonard Homes Franchising:https://leonardhomesfranchising.com.au/

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