Managing a growing construction business can feel like driving a car without brakes. Some days the road is nice and level with safe places to stop and rest and others like flying downhill trying to avoid crashing. Daily demands grow, cash becomes scarce and unexpected expenses hit at the worst possible time. To make matters [...]
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In his classic book “Think and Grow Rich” Napoleon Hill describes a Master Mind as: “Coordination of knowledge and effort, in a spirit of harmony, between two or more people, for the attainment of a definite purpose”. The Master Mind, he claims, is the single richest resource for real power, and one that can never [...]
The world we live in and do business in is changing – fast. That means two things; first, our customers have changed, and second, we must change to keep up with them. While business fundamentals like systematizing, getting organized and measuring key indicators remain constant, just about everything else is in flux. What does this [...]
If there is one thing I hate about my daily habits, it’s being late. I hate to be late- for anything! But somehow, in the name of productivity I guess, I manage to cut almost every appointment so close that I end up either rushing to make it on time, or late. The only thing [...]
Profit is the name of the game. Without it there is no tomorrow – business stops. However, many business owners don’t behave in a way that would convince us that this timeless principle is true. When I ask audiences to respond to the question “How many know your net profit goal for the year in [...]
Being compassionate and caring is a skill that comes naturally to many leaders. But what happens when employees or direct reports perceive a leader’s compassionate spirit to be a weakness? Or what if, in your boldness to achieve, you are perceived as one who is always demanding more with no apparent thought of others’ wellbeing? [...]
Building and remodeling homes is complex business - the variables are countless. The business of building requires much more than technical expertise. It requires financial expertise! Success is in the numbers, and without a commitment to know, and own the numbers, business owners in the construction industry have little hope of ever attaining lasting financial [...]
The building industry is loaded with opportunity unlike any we’ve seen since pre-2008. That translates into a terrific season to grow your building business and capture blazing profits. Taking away two nearly insurmountable obstacles of the past; lack of customers in the marketplace and lack of available financing, builders are left with an open door [...]
How does your business need to change? Every business, after all, is in some state of flux at any given moment, reaching for new levels of success while struggling against the common challenges of varying opinions, behaviors, attitudes, customs and competencies of its most valuable resource – its people. Intentional change is the departure from [...]
“Help! I can’t find enough good people.” That’s a common phrase among builders, remodelers and trades people around our country these days. It seems our labor force has taken some serious hits since the recession, and left us begging, borrowing and stealing to come up with enough good people to get the work done. This [...]