#076 - Secrets To Boost Your Business in Construction - Business Development In The Built Environment
In today’s episode of Bricks & Bytes, we have Mark Worrall, CEO of BBI Services Ltd
In this episode, we learn about business development in construction, why technology works best when solving a well-defined problem, some common misconceptions like technology will magically fix problems, and much more!
Tune in to find out about:
How visual performance tracking helps teams know what to focus on fixing
Technology works best when solving a well-defined problem, not as a magic solution.
How modular fabrication needs to take a true production-led approach to succeed.
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Mark Worrall | CEO at BBI Services Ltd
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Timestamps:
(00:00:00 - 00:02:13) - Intro
(00:02:13 - 00:10:15) - About BBI Services
(00:10:15 - 00:15:30) - How to enhance people's performance at the workplace
(00:15:30 - 00:20:30) - Learning from Toyota's manufacturing practices
(00:20:30 - 00:40:49) - Biggest misconception about technology
(00:40:49 - 00:41:19) - Outro
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Bricks & Bytes
#081 - From 0 to Real Estate Developer in 7 Years - The Tech, Tools, and Teachings Behind the Rise to the Top - Max Sanchez
In today’s episode of Bricks & Bytes, we have Max Sanchez, Real Estate Developer and Construction Innovator.
In this episode, we learn about Max's journey from music producer and sales manager to a real estate developer, the potential Max sees in using robotics and virtual reality capture in construction, and much more!
Tune in to find out about:
How Max went from selling customized USB drives to managing construction projects and diving into construction tech.
The lessons Max shares when selling tech solutions to developers.
How robotics and virtual reality capture can have a big impact in the industry
How to create win-win partnerships between developers and contractors
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Max Sanchez | Real Estate Developer and Construction Innovator
Timestamps:
(00:00:00-00:06:35) Intro
(00:01:35-00:07:10) Background of Max Sanchez
(00:07:10-00:17:26) Advice for people looking to get into Real Estate
(00:17:26-00:23:00) Key Mistakes that Max made
(00:23:00-00:28:10) "Where Are We" in Construction Tech
(00:28:10-00:41:22) Technology in Property Development Business
(00:41:22-00:45:46) Reality Capture Solution and Robotics In Construction
(00:45:46-00:46:52) Outro
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Bricks & Bytes
#079 - From Student to Co Founder - Building The ChatGPT for Construction
In today’s episode of Bricks & Bytes, we have Fauzan Reza Maulana, CEO of Rekava, an AI-driven digital assistant for the construction industry
In this episode, Fauzan shares his journey from student to Co-Founder and CEO as well as some eye-opening takeaways from his recent thesis on Startups In Construction Tech.
Tune in to find out about:
The ideal size and expertise of a founding team in construction tech
The importance of deeply understanding your customer's problems before building products
Fauzan's personal journey from civil engineering to programming to leading a tech startup and his key learnings along the way.
How Rekava is using AI to create a virtual assistant that can answer questions on construction project documents, acting as a knowledge base that never retires.
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Fauzan | Co-Founder at Rekava
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Timestamps:
00:00:00-00:02:00 Intro
00:02:00-00:06:10 Key Findings Working In Construction Tech
00:06:10-00:09:55 Current State of Construction Tech Startup
00:09:55-00:17:20 Transition from Student to Startup Founder
00:17:20-00:25:14 How do you find Founders
00:25:14-00:32:02 Outro
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Bricks & Bytes
#070 - Ben Weiss - Unlocking Hidden Potentials In Low-Tech Industries
In today’s episode of Bricks & Bytes, we have Ben Weiss, Co-Founder of BinStar.
In this episode, we learn about the potential in low-tech industries like construction and the role technology can play in improving efficiency.
Tune in to find out about:
How the construction industry represents a major market opportunity that is overlooked by many investors
Why focusing on cost reduction and efficiency improvements is a better strategy than creating new revenue streams
The challenges of adopting new technology in traditional industries resistent to change
The future role of technology like drones and AI in optimisation of construction processes
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Ben Weiss | Co-Founder of BinStar
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Today’s Sponsor: beta – Construction and technology network platform
– connecting the tech industry with traditional construction partners.
Check www.the-beta.com
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Timestamps:
(00:00:00 - 00:02:30) - Intro
(00:02:30 - 00:05:20) - Ben's background in public markets and hedge funds
(00:05:20 - 00:12:00) - Defining "low-tech" industries and why they are interesting investment opportunities
(00:12:00 - 00:25:00) - How simple technology can have massive impact on traditional businesses
(00:25:00 - 00:35:33) - SolidSpace and its solution for construction project mistakes
(00:35:33 - 00:42:00) - Advice for new investors
(00:42:00 - 00:29:30) - Outro
€69M for Carbon Capture, Trimble Buys Flashtract & Why VC Success from Accelerators is Misleading - Bricks, Bucks & Bytes
Is raising venture capital really a sign of success for startups?
In this episode of Bricks, Bucks and Bytes, we explore Neustark's €69M growth round. We learn how they're making carbon capture a scalable industrial process, not just a scientific breakthrough.
We also dive into Trimble's acquisition of Flashtract, following similar moves by Autodesk and Procore. This trend is reshaping construction payment solutions.
Patric also shares some candid thoughts on startup accelerators and what really matters for success. Hint: it's not just about fundraising.
Tune in to find out about:
✅ Why Neustark's focus on industrialization sets them apart in the crowded climate tech space
✅ The evolving landscape of construction payment solutions and what it means for startups ✅ The surprising stats on startup success rates from accelerators (and why they might not matter)
✅ Why building a sustainable business trumps fundraising hype every time
Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe
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00:00 Intro
01:04 Neustark: Industrializing Carbon Capture and Storage
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Bricks, Buck$ And Bytes
$1B Logistics Deal, $30M Saudi Tech Funding, and 3 Construction Market Insights: Gross Margin, Distribution & Impact Of Global Trade Shifts - Bricks, Bucks & Bytes
Is Saudi Arabia outpacing Silicon Valley in construction tech? A recent $30M funding round suggests so...
In this episode of Bricks, Bucks and Bytes, we explored Tendered's major Series A funding, signaling the Middle East's growing importance in construction innovation.
We also dissected a billion-dollar logistics acquisition that could reshape the industry's tech landscape.
Plus, we uncovered why gross margins might be the hidden key to startup success in construction.
Tune in to find out about:
✅ Why Saudi Arabia is becoming a hotbed for construction tech
✅ How global trade shifts are impacting construction and logistics
✅ The surprising truth about product differentiation and deployment complexity
✅ Why distribution, not just product, creates category winners
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Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe
LinkedIn: https://www.linkedin.com/company/bricks-bytes/
X/Twitter: https://twitter.com/bricksbytespod
Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg
Instagram: https://www.instagram.com/bricksbytes/
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Chapters
00:00 Introduction and Funding News
01:32 Tendered: Revolutionizing Heavy Equipment Operations
25:03 The Signal of the Acquisition for the Logistics Technology Market
28:18 Asset-Like Transportation Solutions in Logistics
29:06 Comparing Funding in Logistics and Construction
29:20 The Risks and Opportunities of Focusing on the Saudi Arabian Market
29:50 Conclusion
31:06 The Correlation Between Logistics and the Wider Economy
36:21 The Impact of Geopolitical Events on Trading and Logistics Companies
45:07 The Importance of Gross Margin and Contribution Margin
55:05 The Seasonality of the AEC Sector
56:43 Avoiding Mistakes and the Role of Distribution in Becoming a Category Creator
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Bricks, Buck$ And Bytes
BONUS - How India’s FIRST Unicorn In Construction Tech Was Created – InfraMarket - with Shubhankar Bhattacharya
From delivering concrete in Mumbai to becoming India's second-largest concrete supplier - how did InfraMarket do it?
In this episode, we had Shubh from Foundamental, an early investor in InfraMarket, and we got to learn about the unique challenges of the Indian market, InfraMarket's innovative acquisition strategy, and their journey to becoming a construction tech unicorn.
Tune in to find out about:
✅ How InfraMarket built trust by simply delivering on time in a market where that's not guaranteed
✅ The company's "outcome as a service" approach and its path to profitability
✅ InfraMarket's strategic expansion into consumer-facing products and global markets
✅ The role of working capital in scaling a construction materials business
✅ Insights on InfraMarket's upcoming IPO and India's growing stock market
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Timestamps
0:00 - Intro
4:13 - Presence Of Foundamental in India
8:12 - Space That Foundamentals are Focussing In India
11:45 - Labor Shortage In India
14:00 - Impact on Interest Rates In Construction Industry In India
16:20 - Dollar Milkshake Theory
20:00 - Misinconceptions in terms of Investing in India
23:00 - How Shubh Ended Up Investing In InfraMarket
37:40 - Acquisition Strategy
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Bricks, Buck$ And Bytes
Why 70% Of Investors Have A Negative Impact On Your Startup And The Future Of Energy Assessments - Bricks, Bucks & Bytes
Is remote sales killing your construction tech startup? One founder learned it the hard way. By listening to an investor who had no idea.
In this episode of Bricks, Bucks and Bytes, we got to learn about Kelvin, a French startup using AI for home energy audits, which just raised 4.7 million euros.
We explored Turner & Townsend's latest construction cost survey, revealing cooling inflation across the sector.
Also, we delved into Vinod Khosla's controversial take that 90% of VCs add no value, with Patrick offering his candid perspective.
Tune in to find out about:
✅ Why Kelvin's remote energy assessment model may face challenges
✅ How construction labor shortages are reaching critical levels worldwide
✅ The dangers of taking advice from investors unfamiliar with construction
✅ Why construction cost inflation varies dramatically by region
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Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe
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Company Mentioned:
Kelvin
Turner and Townsend
Enter
Enpal
Schneider Electric
Mac Markler
Kosla Ventures
Modulus
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Timestamps:
00:00 Introduction and Podcast Name
02:17 Kelvin: Using Technology for Energy Efficiency Audits
03:21 Construction Costs and Inflation
09:19 Challenges of Remote Data Assessment in Construction
35:15 The Dishonesty in the Investment World
49:00 The Lack of Exits in Construction Tech
53:27 Finding Value in Investors
55:43 Insights from Ex-Employees of Construction Tech Companies