Retirement Onboarding - Legacy

“Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you.” - Warren Buffett

Sue Weiler-Doke Profile Picture
Share
Contributors David Brown

Start with that seemingly simple but very challenging living legacy as defined by Warren Buffett. If you don’t have that - no matter how much money you have - you won’t enjoy retirement.

As the owner of a construction business, what do you want your legacy to be in retirement and beyond?

Here are the basics. How would you fill in the details?

  • Your business is structured for continued success 20+ years after you have left. If done well, you have created a culture of succession, ensuring success for several generations to come.
  • There are people in your life, in your business, and in the construction industry who would point to you as a mentor and confidant in helping them build their lives and careers.
  • How are people talking about you now? How do you want them talking about you in five years? In 20 years?

“A society grows great when old men plant trees whose shade they know they shall never sit in.”

Greek Proverb

This is Part 7 of a 15-Part Series


Topics Covered in the Series Include:

  • Transferring Your Knowledge to the Team
  • Where to Turn for a Helping Hand
  • Post-Retirement Business Involvement
  • Success & Risk
  • The Ideal Lifestyle for the Retiring Contractor

Interested in learning more? Contact us.


Retirement Onboarding for Construction Owners
Retirement Onboarding is something that construction business owners must regularly be working on for themselves and other key team members....

Retirement Onboarding for Construction Owners
Retirement Onboarding is something that construction business owners must regularly be working on for themselves and other key team members....

Superpowers and Winning for Teams
Construction is a people-based business. Business is a fun, complex and high-stakes game. Winning is FUN!!! Contractors with teams that work together the best will win the game.
Project Delivery - Design-Bid-Build
The Design-Bid-Build (DBB) method of project delivery is easily the most familiar to owners, architects, and contractors. No contractor should ever lose their ability to compete, win, and build profitable projects using this method of delivery.
Four Critical Elements of a Good Task
Breaking a construction project down into manageable tasks is the foundation for effective detailing, prefabrication, production tracking and productivity improvements. How effective is the tasking part of your project planning process?