Contractor Tip of the Month: Pricing Work – Get it Right or Don’t Take the Job

I recently encountered a contractor whom I estimate had to do $4 million worth of work to recover from a $160,000 pricing mistake. Ouch! That may sound impossible, but numbers do not lie. Stick with me, and I will show you how this businessman spent a great deal of time working for “the going price” …

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Contractor Tip of the Month: Cause and Effect of Business Results

“Everything affects everything.” At first, that may sound like something Yogi Berra would have said. But these were actually wise words I heard from a contractor friend. I was explaining to him how some of our companies prospered in 2022, while others performed poorly. That is when he told me “Everything affects everything.” The plans …

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Contractor Tip of the Month: Failure and Success Happen in the Same Space – the Distance Between Our Ears

Golf legend Bobby Jones once said, “Golf is played on a 5-inch course – the distance between your ears,” and, “Golf is the closest game to the game of life.” You could say the same thing about business. My son Nathan is a fantastic golfer when he can keep his proper mindset. But all it …

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