My Inspiration To Do What I Do And Be What I AmIt occurred to me that I may be coming across as a bit stern and serious. The reality is I am simply a Great Big Teddy Bear that loves accounting and helping contractors achieve their definition of success.And of course anyone who has anything to do with building, remodeling or maintaining our homes and businesses. I wrote this article to give an insight into who I am, what I do and why I do it...every chance I get... but only in days that end in "y" like Monday, Tuesday, Wednesday, Thursday, Friday and Saturday.
My stepfather was my inspiration. He began a construction related firm of landscaping in the 1940's and retired in the 1990's having owned and operated it for over 50 years. He was a Salt of The Earth Contractor as described later in this profile because he worked practically every weekday during all of those years only taking off Sundays and the occasional Saturday. He did it even though he was born with severe physical handicaps. He exemplified the concept "In life you produce reasons or results, and reasons don't count." I first met him shortly before he married my mother in 1965 and worked in the family business until I went to college in 1973. During those years, he passed on his protestant work ethic and the importance of"keep-on-keeping-on" with a type of Winston Churchill attitude of "Never Give Up." He led by example by never quitting when it rained, or the ground was so hard it required a pick & shovel, or the rocks weighed several hundred pounds and need be moved with a long steel bar and brute strength or any number of tough nasty conditions. He always made enough money to keep a roof over our heads, food on the table, and clothes on our backs; however, he never made a lot of money, which means I learned how to live well and be happy no matter what the income level. He taught lessons of self-reliance and self-sufficiency by the way he lived. Even now when I read Emerson's essay on Self Reliance I visualize him and can see the determination and strength of character in his face. His favorite book was "The Basic Instructions Before Leaving Earth". It had a strong and positive influence on him and helped shape his views and it is my favorite book as well. While was growing up it seemed to me that he was not very smart or bright and in my arrogant Sophomoric opinion, "he just didn't get it." However, the Universe has a sense of humor and It allows me to continue my education by taking many tests and learning the lessons It has prepared for me. Its patience is endless because It allows me to repeat the tests until the lessons are learned. Then a new test appears and the cycle is repeated endlessly, test, and learn, test, and learn. A wonderful test presented Itself when Sharie and I were married in 1973 just shortly after high school graduation. We moved into our first apartment and the Universe presented me with a brand new test which I named "do I get it?" Now the Sophomore in me understood life at a new level and I reverted back to being a Freshman; where I remain today. I had to provide ALL the money to keep a roof over our heads, food on our table, and clothes on our backs. Suddenly my step father became the wisest man on earth and for the first time I understood he "did get it" all along and in fact he was simply waiting patiently until I got it... and I got it... real good and real fast. So a large part of what shapes my passion for providing consulting and accounting specifically for people who are contractors, builders, remodelers, plumbers, electricians, drywalls, painters and others is out of love and respect for my stepfather and how he ran his business. I will be eternally grateful to him for the lessons he passed on by the way he lived his life. Over the years, I have been privileged to work with many contractors and have developed several observations that I call Randalisms. This one is The Three Types of Contractors:
This is a Contractor with a pick-up truck and the dog sitting in the passenger seat hanging his head out window enjoying the fresh air while watching the world go by. This contractor enjoys the freedom of doing what he wants, when he wants, and how he wants and does not need or want to expand and grow his or her business or be bothered with employees. Annual net profit after all expenses roughly $20K to $40K
This Contractor wants to expand and grow their business in order to have more free time and perhaps even put money away for retirement. This contractor has three employees. They hold two of them by the throat; one in each hand, and eyeballs the third one. This is only a "word picture" and not to be taken literally Annual net profit after all expenses roughly $40K to $60K
This Contractor has one to twenty employees, a formal documented business plan which is updated and reviewed regularly with a board of advisors as outlined in my article http://biznik.com/articles/how-to-setup-your-construction-company-board-of-advisors They focus business resources on serving the segment of the construction market where they are most profitable. In addition, they understand what business they are in.....and I will give you a hint....it is not contracting. They know the importance of doing what they do best and outsourcing the rest as outlined in my article http://biznik.com/articles/the-contractor-and-the-black-box Annual net profit after all expenses roughly $100K to $1,000,000+ In conclusion, if we ever have the pleasure of meeting at a Biznik event or any other occasion perhaps this short profile will offer some insight as why my passion for the construction industry and contractors is so strong. Sharie and I love contractors and have made it our mission in life to help as many of them as possible achieve their definition of success be it Dog And Pickup Truck, Salt Of The Earth or The Professional. We love them all! And of course anyone who has anything to do with building, remodeling or maintaining our homes and businesses. I wrote this article to give an insight into who I am, what I do and why I do it...every chance I get... but only in days that end in "y" like Monday, Tuesday, Wednesday, Thursday, Friday and Saturday. My stepfather was my inspiration. He began a construction related firm of landscaping in the 1940?s and retired in the 1990's having owned and operated it for over 50 years. He was a Salt of The Earth Contractor as described later in this profile because he worked practically every weekday during all of those years only taking off Sundays and the occasional Saturday. He did it even though he was born with severe physical handicaps. He exemplified the concept "In life you produce reasons or results, and reasons don't count." I first met him shortly before he married my mother in 1965 and worked in the family business until I went to college in 1973. During those years, he passed on his protestant work ethic and the importance of "keep-on-keeping-on" with a type of Winston Churchill attitude of "Never Give Up." He led by example by never quitting when it rained, or the ground was so hard it required a pick & shovel, or the rocks weighed several hundred pounds and need be moved with a long steel bar and brute strength or any number of tough nasty conditions. He always made enough money to keep a roof over our heads, food on the table, and clothes on our backs; however, he never made a lot of money, which means I learned how to live well and be happy no matter what the income level. He taught lessons of self-reliance and self-sufficiency by the way he lived. Even now when I read Emerson's essay on Self Reliance I visualize him and can see the determination and strength of character in his face. His favorite book was "The Basic Instructions Before Leaving Earth?". It had a strong and positive influence on him and helped shape his views and it is my favorite book as well. While was growing up it seemed to me that he was not very smart or bright and in my arrogant Sophomoric opinion, "he just didn't get it." However, the Universe has a sense of humor and It allows me to continue my education by taking many tests and learning the lessons It has prepared for me. Its patience is endless because It allows me to repeat the tests until the lessons are learned. Then a new test appears and the cycle is repeated endlessly, test, and learn, test, and learn. A wonderful test presented Itself when Sharie and I were married in 1973 just shortly after high school graduation. We moved into our first apartment and the Universe presented me with a brand new test which I named "do I get it?" Now the Sophomore in me understood life at a new level and I reverted back to being a Freshman; where I remain today. I had to provide ALL the money to keep a roof over our heads, food on our table, and clothes on our backs. Suddenly my step father became the wisest man on earth and for the first time I understood he "did get it" all along and in fact he was simply waiting patiently until I got it... and I got it... real good and real fast. So a large part of what shapes my passion for providing consulting and accounting specifically for people who are contractors, builders, remodelers, plumbers, electricians, drywalls, painters and others is out of love and respect for my stepfather and how he ran his business. I will be eternally grateful to him for the lessons he passed on by the way he lived his life. Over the years, I have been privileged to work with many contractors and have developed several observations that I call Randalisms. This one is The Three Types of Contractors:
This is a Contractor with a pick-up truck and the dog sitting in the passenger seat hanging his head out window enjoying the fresh air while watching the world go by. This contractor enjoys the freedom of doing what he wants, when he wants, and how he wants and does not need or want to expand and grow his or her business or be bothered with employees. Annual net profit after all expenses roughly $20K to $40K
This Contractor wants to expand and grow their business in order to have more free time and perhaps even put money away for retirement. This contractor has three employees. They hold two of them by the throat; one in each hand, and eyeballs the third one. This is only a "word picture" and not to be taken literally Annual net profit after all expenses roughly $40K to $60K
This Contractor has one to twenty employees, a formal documented business plan which is updated and reviewed regularly with a board of advisors as outlined in my article http://biznik.com/articles/how-to-setup-your-construction-company-board-of-advisors They focus business resources on serving the segment of the construction market where they are most profitable. In addition, they understand what business they are in.....and I will give you a hint....it is not contracting. They know the importance of doing what they do best and outsourcing the rest as outlined in my article http://biznik.com/articles/the-contractor-and-the-black-box Annual net profit after all expenses roughly $100K to $1,000,000+ In conclusion, if we ever have the pleasure of meeting at a Biznik event or any other occasion perhaps this short profile will offer some insight as why my passion for the construction industry and contractors is so strong. Sharie and I love contractors and have made it our mission in life to help as many of them as possible achieve their definition of success be it Dog And Pickup Truck, Salt Of The Earth or The Professional. We love them all!
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 sharie@contracting4profit.com |
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