Doing What You Don't Want to Do

It is natural for all of us to focus on our strengths and the things we love to do. Things we love to do are usually things that we are good at doing; our strengths.

D. Brown Management Profile Picture
Share

None of us were born with great business acumen, people skills or technical competency.  Each of us has developed both mental and physical skills over time. We may not even realize how we got developed so we tend to believe that we were just born a certain way.

Closing the gap between what you want and where you currently are at will require doing things you don't want to do and doing them well.

So far they have not discovered the “Great Contractor Gene.”   More current research on topics such as neuroplasticity have shown that our brains continue to change throughout our lives if we train effectively.  Using techniques such as “Deliberate Practice” while difficult have proven very effective in developing people at all levels.  These techniques are difficult much like a physical workout and require us doing things we really don’t want to do.  However over time as a weakness becomes a strength we usually start to love doing it.  


Learn More:  

Books:

As we are helping contractors prepare to take advantage of the opportunities the talent shortage will provide over the next decade we have learned a lot of lessons about how teams develop.  

This is a broad, deep and important topic impacting growth, succession and even viability for all contractors. 


Contact us to discuss lessons we have learned working with many teams. 




Valuation Math - Multiple of Earnings
In a valuation, you will often hear the term multiple of earnings. This is usually calculated based on some average of the last 3-5 years earnings and weighted toward the more current years.
Lean Principle - People First > Process > Tools
To maximize productivity a contractor must focus on their people, processes and technology tools as an integrated system with a hierarchy. This is not a linear process and should be looked at as a continuous PDCA cycle.
Contractor Exit Strategy 5 of 6: Sale to Management
Contractor Exit Strategy 5 of 6: Sale to Management. A very common exit strategy for contractors and one that might be integrated with passing the business down to family or used when there is no family involved in the management of the company.