Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside

Stable Markets: Where All Profits Reside Two weeks ago, I ended the message by expounding Schleifer’s First Law: Contractors Thrive During Stable Markets Today, I begin with Schleifer’s Second Law of Market Dynamics: There is No Such Thing as a Stable...
How to Always Make a Profit

How to Always Make a Profit

HOW TO ALWAYS MAKE A PROFIT I Can Hear Some Groaning: “More theory.” Many will say: “Nobody always makes a profit. Some jobs just don’t pan out. Come out here in the field and try to always make a profit. Try to make a profit in the recession we just … Read the...
Flexibility = Profitability

Flexibility = Profitability

Flexibility = Profitability I have been talking for years about “Flexible Overhead” as a fundamental management tool in the construction industry. By Flexible OverheadI mean the ability to expand or contract overhead with the same speed as the construction market...