Why do construction (tech) companies fail? On today's podcast, we have Stephen Poppe, ConTech Advisor and Customer Success Leader. Stephen is currently the Manager for Research & Development at HITT Contracting and Executive Partner at Blue Collar Capital In this episode, we discuss: Where people go wrong with construction tech & why companies fail Considerations when investing in construction tech companies Implementation and strategies for Main Contractors Stephen's terrible taste in football (soccer) team --------------------------------------- Stephen Poppe R&D | Contech Advisor | Customer Success Leader | Construction Professional | Lean Practitioner(ish) --------------------------------------- Today's Sponsor: Beta Construction and technology network platform - connecting the tech industry with traditional partners. Check www.the-beta.com --------------------------------------- Timestamps: (00:00:00-00:01:57) - Intro and Sponsor (00:01:57-00:04:13) - Why did Stephen choose Contech?  (00:04:13-00:06:02) - What are people not getting right with technology? (00:06:02-00:07:55) - Should construction companies focus on the management process? (00:07:55-00:10:34) - Why does a company fail in Contech? (00:10:34-00:12:43) - What is the lean startup methodology? (00:12:43-00:14:08) - What is important when investing in a company as a capital allocator? (00:14:08-00:16:55) - What are the initial problems that a startup face?  (00:16:55-00:18:23) - What is HITT?  (00:18:23-00:21:28) - Labor shortage (00:21:28-00:22:42) - Is there something else that we should focus on except technology?  (00:22:42-00:24:23) - Future of tech (00:24:23-00:27:38) - How can we get the basics right? (00:27:38-00:31:17) - Trends in construction tech (00:31:17-00:33:49) - VC doesn’t like 100-million-dollar ideas? (00:33:49-00:35:48) - Book recommendations (00:35:48-00:36:37) - Hobbies (00:36:37-00:36:51) - More about Stephen (00:36:51-00:37:09) - Outro