2014 is here. Are you and your business ready to capitalize on the robust growth in the remodeling industry? After the recent downturn many consumers have decided to stay where they are and fix up or remodel what they have. Qualifying to by a new home is harder than ever and selling your home for a reasonable number is even harder.
The Contractor Coaching Partnership Blog
Residential contractor business owners wear numerous hats running their business every day/week/month. You do your best trying to complete the necessary tasks on a timely basis to run your business. However, if you are like most owners you have a love and a passion for one or two of the hats you wear. You focus on the work under these hats first and then if time allows you proceed to the next hat(s).
Contractors, Remodelers, Specialty Trades and Builders: are you keeping your New Year's Resolutions for your business?
Every year we hear comments from the people we know that this "is going to be the year I make and keep my New Year's Resolutions". The excitement from the holidays and approaching New Year causes a euphoria and determination that this is going to be the year our resolutions stick. Well how are you doing 4 weeks into the New Year? Are the resolutions you made still in effect? Or has the excitement warn off and you are now back to your old self?
As The Contractor Coaching Partnership marches on to providing training for 3000 contractors we are often asked if we know what insurance companies are going to do. Will they provide cost effective pricing to cover contractors for lead? Will they require specific certification and or training in order to qualify for coverage? Will EPA RRP Certification be required in order to qualify for general liability coverage?
Contractors and remodelers agree that 2009 has been a challenging year for our country and the residential construction industry. In spite of the current economic environment there are numerous examples of successful remodelers and contractors.
A few months ago I discovered a company on ContractorTalk that is a great resource for marketing ideas for remodeling and trade contractors. The owner of the company is Mark Buckshon and he has been working with contractors for many years. He is in touch with the contractor's needs, understands consumers and has great insights for marketing your business. I frequently read and learn from his site and always come away with ideas that can help my business as well as my contractor coaching clients. I recommend you sign up for his newsletter and visit his site frequently. Here is his blog link.
Last week, in our Corridor Nine Chamber of Commerce Referral Group meeting, two contractor coaching clients described their recent success using the power of positive thinking and goal setting. In their coaching sessions they are studying the concepts of "Think and Grow Rich" written by Napoleon Hill. The Contractor Coaching Partnership contractor course teaches clients how to use this powerful study guide to develop the right thinking habits and the power of setting goals.
I was looking at the dates between today's post and the last one and noticed that it has been almost two weeks since my last post. (promised myself that I would post at least twice a week) I could use some lame excuse why I fell short of writing twice a week but I have no one to blame but myself. Yes, I have been busy coaching contractors and networking and like many people, could justify the lack of results I agreed I would hold myself to. Instead of allowing the excuses, I re-read my goals and definite chief aim and followed my coaching checklist to get my head back in the game.
I recently found a video on Youtube describing how a screened contractor took advantage of a homeowner on a deck job.
2008 was a challenging year for contractors in the residential remodeling industry. With declining home values, tightened credit, lack luster new home construction, smaller remodeling projects and erosion of consumer confidence many contractors are facing uncertain futures. The time and need for change has never been more apparent than now. We need to analyze our businesses and make sure that we are able to deliver outstanding products and services to the Next Level Consumer.