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Business / Life Balance
I just came across a quote in BusinessWeek where Jim Koch was asked what the one thing he wished he had known before starting Brewery Boston Beer Co.
"It eats your life. If you're successful, the business requires all your energy to keep it going. If you're not, it requires all your energy to keep it from sinking. I thought it might be that way for a year - that was 22 years ago. "
Jim Koch is founder and brewer of Boston Beer, brewer of Samuel Adams
This is true for all businesses - especially for contractors. It seems so easy to go out and get your contractors license. It does not take long for the cold, hard reality to set in that (1) it is not going to be as easy as it looks, (2) there really is not much training out there for the business side of contracting and (3) this is going to take much, much longer than expected.
I don't think there are any two greater challenges or joys in life than raising kids or building a business. Both are a lot harder than they appear to do correctly but both provide emotional rewards that are far greater than any amount of money.
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Favorite Book 2007
The Toyota Way is my favorite book for 2007. It had so many good ideas that I could not keep up and ended up reading it again and even buying the Field Book to go along with it.
Download Elegant Solutions from Change This which provides some highlights of the Toyota Production System. Too many ideas that are applicable to contractors to even count!
Recent Posts
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- Broken Buildings, Busted Budgets
- Cut the Fat
- Great Insights
- Sprint Wireless Cards / Dell Laptop / Field Connectivity
- Estimating Cost Data
- Cutting The Fat - Slow Down Survival Tips
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- Work in Progress Class - Coming Soon!
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Management Class Series
Training Modules Specifically Designed For Contractors- Construction Documentation Overview
- Scheduling
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- Change Orders Talent - “People Processes”
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- Priorities (Time Management For Construction)
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- Project Management Overview
- Process Documentation
- Effective Superintendent Processes
- Implementing A Project Management System
- Organizational Planning For Contractors
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