I talked recently with a few contractors who told me they are paying for personal stuff out of the company checkbook.
BAD PLAN.
You and/or your spouse should have a regular paycheck deposited in a personal account. Pay all personal bills from that paycheck (salary). Don’t make car payments or pay for gas from the company account, [...]
Continue reading: Construction Business Finances vs. Personal Finances
Last week, I got started.
I’m cleaning out my barn in preparation for my new workshop. There were about 20 bales of hay stacked in a corner, leftover from two donkeys the former owner kept. I want to keep the hay for erosion control around our place during the winter, and the best place to store [...]
I talked with a young guy the other day who called about our coaching service. His company was upside down and I could tell he was hurting.
He made a comment that told me a lot about why he was having financial problems. He said, “I always treat my customers fairly. I go the extra mile [...]
Recently, I have been kicking myself around mentally. And I’ve wondered, “What is going on, Stone? Why am I in this mood?”
Then, I read this quote from Brian Tracy’s quote of the day . . .
“The secret of getting things done is to act!”
- Dante Alighieri, poet
I suddenly realized a few things. One, I haven’t [...]
We are on the downhill side of 2006. How did the first half go? Did you hit your goals? Are you on target to make 2006 your best year ever?
Recently, Brian Tracy’s quote of the day was:
“In the long run men hit only what they aim at.”
- Henry David Thoreau, philosopher
Pretty smart dude, this [...]
Often our coaching clients complain that their employees are not getting jobs done in the time estimated. If your employees consistently take longer than you estimated, you need to change your method of estimating. The human body can only work so fast.
It’s an amazing phenomenon – as we hang our own shingle out and become [...]
