People of Construction

PEOPLE of Construction Business Tips for First-Time Business Owners (Third in a series of Five) (Note: This blog is posted out of sequence in error so please click on previous posts for the entire five-part series) This is the third in a series of blogs intended to guide new business owners in the design and construction industry to the path of success.  In the first blog, we talked about the importance of visibility, administrative/office organization, and accurate and timely accounting…

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Summary of Thoughts Being a business owner, operating as a trade subcontractor, in the design and construction industry is not for the faint of heart.  The competition is fierce; the terms and conditions that one has to follow are many and often times complex; the estimating process is laced with risk and uncertainty; the manpower requirements are impossible to schedule and manage; the margins are razor thin; and getting paid for your work on a timely basis can be a…

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PEOPLE of Construction Business Tips for First-Time Business Owners (Fifth in a series of Five) This is the fifth and final of a series of five blogs intended to guide new business owners to the road of success within the design and construction industry. In this blog, I will discuss three business points that are important, if not essential, in achieving long-term sustainable success with your company.  Those three points are the importance of choosing a lane and staying within…

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PEOPLE of Construction Business Tips for First-Time Business Owners (Fourth in a series of Five) This is the fourth blog in a series of five and I have decided to stay on the outskirts of the plans and specifications and the many terms and conditions of engagement and talk about three more intangible business points that I feel are important and will help you get a seat at the table and maybe the next table.  The three points we will…

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PEOPLE of Construction Business Tips for First-Time Business Owners (Second in a series of Five) This is the second of a series of five blogs discussing essential ingredients of a successful firm competing in the design and construction industry.  In the first blog, we discussed three business points that simply had to happen if a business owner was to find long-term sustainable success.  Those three points were visibility, administrative/office organization, and accurate and timely accounting records. If you have not…

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PEOPLE of Construction Business Tips for First-Time Business Owners As participants of my TableTop Discussions and readers of my “Guide to Better Business” books are aware, I like to present my business ideas by way of TOP TEN lists.  I can easily find ten points that are important, if not essential, for new or existing business owners to keep high on their priority list if they are planning to achieve long-term sustainable success in this competitive industry. For this series…

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