How Leveling Up Can Make You Money
Your Thinking - Patterns and what you think about the most is why you are where you are now. It is worth noting there is no profit in chaos and the sooner you understand that the better.
It May Be Too Late - To recoup past losses from chaos but it is not too late to stop it from happening again. To begin with get a clear understanding of What Ten Minutes Costs Your Contracting Company and begin implementing a Business Strategy to eliminate chaos.
When You Have - A Business Strategy everything changes in your life and your construction company because you will see everything in different light
You May Find - Yourself with a different caliber of friends because of the leveling up process.
Birds And People - Flock together with others like themselves because it is comfortable. It only makes sense to soar with eagles rather than keeping your head down pecking at the ground with the chickens.
Your Income - Is typically within 20% of the average of the six people you spend the most time with.
Leveling Down - If you spend most of your time at the “Contractors Business Round Table”, this is a little round table in a tavern with a pitcher of beer and several contractors all earning $40,000 a year or less telling each other how to run their businesses then your income will hover between $32,000 and $48,000 (20% plus or minus $40,000).
Leveling Up - As you develop your Business Strategy for your construction company your income is likely to increase. The impact on your friends will not be pleasant as you will be proving that good people can win in the construction game by playing it with high moral and ethical standards and the willingness to try something different.
You Will Attempt To - Share your discoveries with your existing friends and you will quickly discover they are not interested! After a while, your constant attempts to change their paradigms will irritate them and you will drift away or be asked to leave.
The Next Thing - That normally happens is you will be drawn into a different circle of construction business owners who already know what you now know.
Since The Six People - You spend the most time with now are earning $100,000+ a year what do you suppose your income? There is a good chance it will grow and you could have a million dollars of wealth someday.
Einstein Has Proven - Energy and matter are the same thing in different forms; therefore you will become what you think about. And what you think about will influence your thoughts, which will influence your actions which will influence your wealth, which you will use to raise everyone's standard of living because the Rising Tide Raises All Ships.
This Applies To Your Employees - As well as you. Top notch construction companies are always on the lookout for the best and the brightest staff to add to their team.
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About The Author:
Randal DeHart, PMP, QPA is the co-founder of Business Consulting And Accounting in Lynnwood Washington. He is the leading expert in outsourced construction bookkeeping and accounting services for small construction companies across the USA. He is experienced as a Contractor, Project Management Professional, Construction Accountant, Intuit ProAdvisor, QuickBooks For Contractors Expert and Xero Accounting Specialist and Bill.Com Certified Guru. This combination of experience and skill sets provides a unique perspective which allows him to see the world through the eyes of a contractor, Project Manager, Accountant and construction accountant. This quadruple understanding is what sets him apart from other Intuit ProAdvisors and Xero accountants to the benefit of all of the construction contractors he serves across the USA. Visit http://www.fasteasyaccounting.com/randal-dehart/ to learn more.
Our Co-Founder Randal DeHart - Is a Certified PMP (Project Management Professional) with several years of construction project management experience. His expertise is construction accounting systems engineering and process development. His exhaustive study of several leading experts including the work of Dr. W. Edward Deming, Michael Gerber, Walter A. Shewhart, James Lewis and dozens of others was the foundation upon which our Construction Bookkeeping System is based and continues to evolve and improve. Follow Randal on Google+