Consolidation and Preserving the American Dream Construction Champions Podcast 2-64 Brock Fankhauser

In this episode of the Construction Champions podcast, host Ron Nussbaum interviews Brock Fankhauser, a veteran home builder with over 25 years of experience building subdivisions and communities across North and South Carolina. Brock shares his insights on what it takes to be a "construction champion" and discusses the challenges and opportunities facing the industry, including the trend of consolidation among large home builders. About Brock Today, we'll learn about the inspiring story of Brock Fankhauser, a visionary real estate developer, homebuilder, and business entrepreneur. With over two decades of experience in the industry, Brock has made a name for himself by creating innovative, maintenance-free residential developments designed specifically for the active adult demographic. His passion for fostering a strong sense of community and celebrating American values shines through in his latest venture, The 1776® Community. The 1776® Community is more than just 55+ neighborhoods; they are a testament to Brock's commitment to honoring the country's founding principles and creating an environment that promotes patriotism and a shared love for America. Brock's links https://1776community.com/ https://open.spotify.com/show/4f8GvCZ4kcy29P7TUZ3D7U Website https://www.buildercoms.com/constructionchampionspodcast For CRM Solutions: BUILD12 https://www.build12.com/constructionchampions?am_id=ron625 For Picture, Video, Document, and Communication Management: BuilderComs https://go.buildercoms.com/payment-7269?am_id=podcast Association of Professional Builders Annual Report https://hubs.ly/Q02rT-1n0 Join our community: Facebook Group https://www.facebook.com/groups/957628795429538 Introduction to the Construction Champions Podcast (00:00:00) - The host, Ron Nussbaum, introduces the podcast and the guest, Brock, who has been building subdivisions and communities for 25 years. What Makes a Construction Champion? (00:01:52) - Brock discusses the key attributes of a construction champion, including the ability to respond to setbacks, having good people, products, and processes, and being part of a network of builders who can learn from each other. The Importance of Processes and Learning from Others (00:02:56) - Brock emphasizes the need for having a process for every aspect of the business and being willing to learn from other builders who are experts in certain areas. Transitioning from a Top-Down Management Approach to a Servant Leadership Model (00:06:13) - Brock shares his experience of moving away from a top-down management style to one where he surrounds himself with the best people and learns from them. Negotiating and Pushing Boundaries (00:09:18) - Brock discusses the importance of negotiating and pushing boundaries with suppliers, trades, and even bankers to get the best deals for the business. The Threat of Consolidation in the Construction Industry (00:16:24) - Brock expresses concern about the consolidation happening in the construction industry, where larger companies are gaining more market share and potentially treating trades like "bullies". The 1776 Brand and Preserving the American Dream (00:22:33) - Brock introduces the 1776 brand, a community-based initiative that aims to celebrate patriotism and the founding ideals of the country, as a way to hedge against the threat of consolidation and manufactured housing. Keywords:industry consolidation, preserving the American Dream, construction industry, Brock Fankhauser, Ron Nussbaum, Construction Champions Podcast, sustainable growth, navigating consolidation, market opportunities, construction success, industry changes