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The Ten Commandments of Business #165631 07/01/07 08:58 PM
Joined: Sep 2004
Posts: 174
bot540 Offline OP
I've been in business for almost 2 years now and have learned alot. I was thinking of compling a list of the top 10 to or not to do list in a business sense and wanted some input from my more experienced colleague's. one of mine would be:
Never become greedy, as I have seen it destroy more than one employer

Jesus may have been a capenter,but God was an electrician.Genesis1:3
Business, Office, Estimating, Legal:
Re: The Ten Commandments of Business [Re: bot540] #165649 07/02/07 08:22 AM
Joined: Nov 2006
Posts: 348
ITO Offline
1) Keep your mouth shut, the less you say about your business to your employees, clients and supply houses, the less they have to spread around and distort.
(I have a big mouth and one of the ways I keep it shut is to come here and spout off, it gives me that outlet while keeping my business private.)
2) Don’t do work without a contract and clearly defined scope.
3) Read your contract, and be prepared to walk away from the deal if you can not negotiate a deal that will make you money.
4) Work smart and don’t take short cuts that endanger your employees or license.
5) Follow the construction process, do your submittals, RFIs and documentation for every contract job.
6) Always pay your employees and suppliers even if you don’t get paid.
7) Keep your word, don’t comp numbers, and don’t shop your quotes.
8) Make money; never forget that there are people counting on you for their living too. If you don’t make money then you are not doing it right and you will go out of business.
9) Don’t let your insurance lap, and make sure you have enough.
10) Don’t let your lean rights run out.

101° Rx = + /_\
Re: The Ten Commandments of Business [Re: bot540] #165678 07/03/07 06:00 AM
Joined: Aug 2006
Posts: 356
Niko Offline
Member you said dont be greedy.
2. don't over promise and under deliver. Always do the reverse
3.never be late, respect the clients time.
4.don't be CHEAP. charge for what you think is fair.
5.always look sharp.
6.don't BS the client, they know when one is BS. said before, pay your employees, your suppliers then you.
8.make sure you hire good, honest and sharp looking employees.
9.educate yourself on an ongoing bases.
10.don't try to cut corners to get clients it is not worth the money.
11.NETWORK, it is not what you it is who you know. Join a networking organization, volunteer your services, community volunteer work...


Be kind to your neighbor, he knows where you live

Re: The Ten Commandments of Business [Re: Niko] #165679 07/03/07 06:05 AM
Joined: Jul 2002
Posts: 717
macmikeman Offline
Add this, treat the ladies of the house or business your working in with respect and watch where your eyes go to.

Re: The Ten Commandments of Business [Re: macmikeman] #165681 07/03/07 07:21 AM
Joined: May 2005
Posts: 984
ghost307 Offline
12. Never lie. You'll be found out eventually and then you're stuck with an angry customer and a bad reputation. Tell the truth even if you have to take some lumps.

Re: The Ten Commandments of Business [Re: ghost307] #165683 07/03/07 07:25 AM
Joined: Nov 2006
Posts: 348
ITO Offline
11) Never trust MS spell checker...


101° Rx = + /_\
Re: The Ten Commandments of Business [Re: ITO] #165688 07/03/07 10:02 AM
Joined: Nov 2006
Posts: 348
ITO Offline
12) Guard your tongue and don’t tell or say anything around your bookkeeper that he does not need to know.

Last edited by ITO; 07/03/07 10:02 AM.

101° Rx = + /_\
Re: The Ten Commandments of Business [Re: ITO] #165689 07/03/07 10:31 AM
Joined: Nov 2006
Posts: 348
ITO Offline
...Make your bookkeeper sign a confidentiality agreement before you hire them.

101° Rx = + /_\
Re: The Ten Commandments of Business [Re: ITO] #166225 07/16/07 07:29 AM
Joined: Nov 2006
Posts: 348
ITO Offline
...oh and do a background check AND credit check before you hire you bookkeeper. Keep a PO box and have all you bills and checks mailed to it, and make sure your bookkeeper does not have a key.

101° Rx = + /_\
Re: The Ten Commandments of Business [Re: ITO] #166484 07/22/07 01:08 AM
Joined: Jul 2007
Posts: 34
teester Offline
13. Educate your people
14. Encourage your people
15. Brag on them when they do good, to others also.

And Ditto #10 ITO. I'm getting ready to file a lein on a neighbor of mine/employee of a customer for $600


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