33 Random Observations About Business

 
Thread Tools Search this Thread Display Modes
Old 01-28-2007, 01:11 AM   #1
Pro
 
Ed the Roofer's Avatar
 
Trade: Roofing Contractor
Join Date: Dec 2006
Location: NW Suburbs of Chicago
Posts: 7,135

33 Random Observations About Business


33 Random Observations About Business


I planned on getting back to the recruiting series, but couldn’t help myself with this one. I hope you like it.


1. More businesses close from a lack of cash than a lack of profits. Cash is king.

2. Sales covers up a lot of inefficiencies. Strong sales buys time to fix most problems.

3. Most hiring mistakes are mistakes of rushing to fill immediate need. Be slow to hire.

4. Conflict is inevitable. Politics is not. Someone with time for politics does not have enough to do.

5. People usually live up to your expectations. Do you expect a little or a lot?

6. The lowest bidder is usually the bidder with the most oversights.

7. Overnight success takes years to achieve.

8. The more successful you become, the more you will be copied and criticized. No one resents a failure.

9. If you think everyone is out to get you and act like it, they soon will be.

10. People usually charge what they believe they’re worth. Service contractors need more self esteem.

11. Simple is superior.

12. The worst thing a company can do to its customers is fail to survive.

13. The second worst thing a company can do to its customers fail to charge enough to serve customers well.

14. Some people are simply not employable. They’re called small business owners.

15. The workload always expands to fill the office staff’s available hours. Focus on what’s important.

16. Act fast. Think faster… Think first.

17. Don’t fix your weaknesses. Hire people who are strong where you’re weak. Play to your strengths.

18. The only person you can safely make fun of, is yourself.

19. When a willing buyer agrees to a price asked by a willing seller, the price is perfect.

20. Your integrity can never be taken from you. People don’t “lose” their integrity, they give it away.

21. Some things are black and white. Some things are right and wrong. Some people do not care. Avoid them.

22. When someone goes out of his way proclaiming his honesty, wonder why.

23. Salespeople put the company first by putting the customer first.

24. Managers put the customer first by putting employees first. It’s impossible for front line employees to treat customers better than management treats them.

25. Good coaches accept blame for losses, while refusing credit for victories. Credit goes to the team.

26. The purpose of a businesses is to increase owner wealth. Businesses accomplish this by getting and keeping customers.

27. Success begins with the first step. Get moving.

28. Incompetence and indifference are bigger problems than corruption.

29. Mistakes are the tuition of experience from the school of hard knocks. Avoid remedial education.

30. The customer is not always right, but is always the customer. Treat the customer like he’s right, even when he’s wrong.

31. A company’s self inflicted damage usually exceeds the impact of competition.

32. Customers care about their problems, not yours. Focus on theirs and keep yours to yourself.

33. Implementation is everything.

© 2006 Matt Michel

Ed the Roofer is offline  
The Following User Says Thank You to Ed the Roofer For This Useful Post:
PoolRepairsOnly (01-23-2012)
Warning: The topics covered on this site include activities in which there exists the potential for serious injury or death. ContractorTalk.com DOES NOT guarantee the accuracy or completeness of any information contained on this site. Always use proper safety precaution and reference reliable outside sources before attempting any construction or remodeling task!

Old 01-28-2007, 01:22 AM   #2
Pro
 
dirt diggler's Avatar
 
Trade: contractor
Join Date: May 2006
Location: east
Posts: 3,309

Re: 33 Random Observations About Business


Quote:
Originally Posted by Ed the Roofer View Post
[B]33 Random Observations About Business




14. Some people are simply not employable. They’re called small business owners.
dirt diggler is offline  
Old 01-28-2007, 08:38 AM   #3
Pro
 
tcleve4911's Avatar
 
Trade: Remodeling contractor
Join Date: Mar 2006
Posts: 2,247

Re: 33 Random Observations About Business


[QUOTE=Ed the Roofer;184575]33 Random Observations About Business


I planned on getting back to the recruiting series, but couldn’t help myself with this one. I hope you like it.


Takin' it to work on Monday!!!!!! Thanks
__________________
Back in Maine
Dubbin' Around
Doin' good stuff ......
tcleve4911 is offline  
Old 01-28-2007, 08:55 AM   #4
Recovering IT Guy
 
Second Look's Avatar
 
Trade: Handyman, Home Improvement, Kitchen & Bath Remodeling
Join Date: Jan 2007
Location: Warwick, Rhode Island
Posts: 262

Re: 33 Random Observations About Business


I got about halfway through this and I had to stop and say

That's Beautiful

I'm going to print that, pin it to the wall and read it every day.
__________________
Second Look home improvement www.SecondLookHome.com
Handyman and Home Repair Specialist in Rhode Island
RI Licensed Lead Safe Remodeler/Renovator, RI Registered & Insured Contractor
Second Look is offline  
Old 09-09-2007, 01:57 PM   #5
Remodeler Extraordinare
 
A.W.Davis's Avatar
 
Trade: General Contractor
Join Date: Oct 2006
Location: Bay Area California
Posts: 809

Re: 33 Random Observations About Business


BUMP
__________________
A.W. Davis Construction Co.
http://www.awdavisconstruction.com/
Your friendly remodeling contractor
A.W.Davis is offline  
Old 09-10-2007, 04:43 AM   #6
Pro
 
Pearce Services's Avatar
 
Trade: Commercial Loading Dock and Door Contractor
Join Date: Nov 2005
Location: Southeastern Massachusetts
Posts: 650

Re: 33 Random Observations About Business


17. Don’t fix your weaknesses. Hire people who are strong where you’re weak. Play to your strengths.

This sounds like the best advice for anyone trying to move to the next level.

Last edited by Pearce Services; 09-11-2007 at 05:50 AM.
Pearce Services is online now  
Old 09-10-2007, 07:22 PM   #7
Pro
 
nitrox2595's Avatar
 
Trade: Demolition, Pressure washing
Join Date: Dec 2006
Location: NY
Posts: 113

Re: 33 Random Observations About Business


nitrox2595 is offline  


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Foundation repair (New business) Help! crosshair66 Business 10 05-18-2008 09:19 AM
Looking for a reproducable business system. fathersonfab Business 9 08-08-2007 08:46 PM
Appraising a business...what is your business worth? win4win Business 9 05-06-2007 01:34 PM

Join Now... It's Fast and FREE!

Privacy Badge
I am a professional contractor
I am a DIY Homeowner
ContractorTalk.com is for
PROFESSIONAL CONTRACTORS ONLY!

At ContractorTalk.com we cater exlusivly to professional contractors who make their living as a contractor. Knowing that many homeowners and DIYers are looking for a community to call home, we've created www.DIYChatroom.com DIY Chatroom is full of helpful advices and perfect for DIY homeowners.

Redirecing in 10 seconds
No Thanks
terms of service

Already Have an Account?