Could we see news headlines like this in a few years? Hard to believe with the current state of the construction industry, but we all know it is a cyclical business and for every upswing, there is a downswing.
Here we are; the start of a new year. Have you set some New Year resolutions yet? By any chance are they somewhat of a carbon copy of last years resolutions that you didn’t quite achieve? Why is that? Why do so many NY resolutions end up on the back burner and never get delivered…
The Ministry of Business, Innovation & Employment has just released it’s 3rd Construction Pipeline report for the next five years in New Zealand. Have you read it and considered what it means for your company? There is no doubt that the value of construction is set to stay at high levels over the next few…
It is normal to have to work hard and put in the hours when starting out on your business ownership journey. What is often also normal, but unnecessary, is for the long hours to continue after years of business ownership. It almost becomes a habit. One becomes conditioned to long hours in the office at…
Business Plan by Post-it Note Business plans are a good thing thing to do for your business, but the majority end up to be just a bunch of wishes and dreams because they lack the most important ingredient; ACTION. Here is something that costs 2 cents and will help you put your plan into action:…
Research out of Stamford University earlier this year showed that productivity declines quickly after working for more than 50 hours per week and declines even faster after the 55 hour mark. I suspect that they just tested office workers in big companies, rather than owners of small businesses. Long hours seem to come with the…
This month I started another semi-group “coaching” program for 2015, called the Construction Business MasterClass, at my office in Albany. Participants are into the first “Your Foundations” diagnostic phase and already seeing the benefits of coming on-board. I knew from my experience that participants would receive tremendous value in the 3-way analysis that is conducted on…
Running a trade business (or any business for that matter) can be likened to running a 4 x 100m relay race. When everything runs smoothly and the baton is passed from hand-to-hand seamlessly, it is a pleasure to behold. Drop the baton at some critical stage and all the good work done to date is…
Unlikely that you spend as much time as me in the office, but if you do and find it hard to stay focused on the task at hand, try this technique. I call it 50:15 and it may help you become way more effective. Rather than trying to sit there for hours until the job…
Today (Saturday) I spend 4 hours with my business coach, Taki Moore, while he was visiting Auckland. Yes, I am a business coach and I have a business coach too. I am always looking to up my game and improve the service that I can offer my clients. Part of that improvement comes from self learning,…