Successful Contractors Do The Exact Opposite Of Poor Contractors

The First Place to start is to understand how the 80/20 Rule applies to your construction company. It simply states that the top 20% of your clients generate 80% of your profit and the bottom 80% of your customers generate only 20% of your construction company profits.

It Stands To Reason if you want to more cash flow and profits and more freedom in your life you would copy the operations of highly successful and very profitable contractors. They outsource as much as possible especially their Contractor Bookkeeping Services Needs so they can focus on finding and satisfying the needs of high-value, high-profit clients and leave the price shoppers, tire kickers, carpet pilots and web-surfers to poor contractors who prefer to work hard rather than smart, do everything themselves and end up wasting their lives in pain and misery.

Contractors Who Are Hard-Ball Negotiators Can Skip This Article

Fair Minded Contractors Who Want Extreme Wealth Keep Reading!

Relationships can make you or break you; financially, professionally and personally. Stephen R. Covey has written and spoken extensively on this subject and most notably in his book The 7 Habits Of Highly Effective People.

The idea is when you first meet someone you automatically credit that person with a small amount of emotional trust and they do the same for you. In due time you both make deposits and withdrawals into and out of each other's emotional bank account. The key is to make far and away many more deposits than withdrawals and keep the withdrawals to a minimum.