Michael Stone on December 27th, 2006

We are now one short week away from 2007. Do you have 2007 planned yet?
I wrote an article in November about goal setting. You should be putting the final touches on your plans for 2007 this week.
Remember, you can’t shoot at and hit a target you can’t see. A well-defined goal is a good portion [...]

Continue reading: 2007 Goals for your Construction Business

Michael Stone on December 21st, 2006

We have much to be thankful for in the United States. We live in the richest of all countries and the opportunities are almost limitless.
This is especially evident this time of year. While our business may slow down just a bit around Christmas, it gives us the opportunity to catch up with old customers to [...]

Continue reading: Appreciate Others this Christmas Season

Michael Stone on December 11th, 2006

Question came from a friend the other day. He said, “Michael, how do you determine whether someone in construction has a business or a hobby?”
The answer is simple.
If you have a well-run business, then you are paying yourself a good salary and are able to spend evenings and weekends with your family. You keep your [...]

Continue reading: Is it a Construction Business, or a Hobby?

Michael Stone on December 7th, 2006

Read a comment from another business coach this morning. He said that one of his potential customers, who was losing money and badly in debt told him “coaching was not in the budget.”
You are where you are in this business because of decisions that you and you alone have made. That is the long and [...]

Continue reading: Business Coaching

Devon on December 5th, 2006

We’ve become YouTubers, and will have a video of Michael posted to our home page soon. In the meantime, if you would like to see it, here is the man:

Our plans are to do more videos – the next one focusing on specialty contractors.
Let us know what you think!
Devon
(Newsletter readers – my apologies, the link [...]

Continue reading: Introducing Michael Stone

Michael Stone on November 30th, 2006

With interest rates causing some concerns with our potential buyers, the weather turning bad, a flat tire or two, we sometimes wonder if it is all worth it.
Dag Hammarskjold, statesman and leader of the UN once said:

“When the morning’s freshness has been replaced by the weariness of midday, when the leg muscles give under the [...]

Continue reading: Keep Going . . .

Michael Stone on November 29th, 2006

Lee Iacocca, the automobile executive, said, “The discipline of writing something down is the first step toward making it happen.”
Are you working on and writing down your personal and company goals for 2007? Now is the time to get this done. If you haven’t started yet, today is the day.
Please remember to give yourself time. [...]

Continue reading: Goal Setting for 2007 – In Process

Michael Stone on November 22nd, 2006

Builder Online posted the following note in their newsletter on 11-21-06:

Orndorff Construction Inc. Files For Bankruptcy
Orndorff Construction Inc. has filed for Chapter 7 bankruptcy in the U.S. Middle District of North Carolina. According to court filings, the builder has $1.9 million in assets and $2.0 million in debt. The builder’s major creditor is the Bank [...]

Continue reading: Bankruptcy in Construction