Posted by Curtis on Mar 5, 2014
Own Instead of Rent & Pay Yourself First One of the best lessons in teaching others how to save is to pay yourself first and set aside a reserve or savings for a rainy day. A similar approach is to use the same mindset and pay yourself each month by accruing equity in a building you own. Paying rent is an expense but investing in your own building is a way to accrue equity year after year. Before you know it, 10-15 years goes by and the building is yours. No...
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Posted by Curtis on Feb 21, 2014
The “Great Recession”, in Vegas, was horrific for those of us in the Construction Industry. It tested us all and few survived or are in recovery with about 70% of construction related businesses gone; either out of business or moving over the horizon. Construction unemployment was pegged somewhere between 60 – 70% for the trades and the pool of good skilled workers is almost non-existent. The recession cleansed the market. Marginal contractors are gone and, today, a...
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Posted by Curtis on Feb 19, 2014
Every one of us are customers. We seek out value, quality, fair and honest treatment and a positive buying experience that satisfies our expectations, regardless of the product or service. Most buying experiences really go unnoticed until something out of the norm appears or until an emotional or high value purchase is contemplated. Today’s customers are smarter and more demanding and for good reasons. Over the years marketing and advertising has continued to refine...
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Posted by Curtis on Feb 14, 2014
Recessions Cleansing Effect On New & Younger Contractors Overall, the Great Recession provided a cleansing effect on the local construction industry by forcing out marginally operated firms that were over extended, under managed or failed to quickly adapt and evolve or change in order to survive. Cleansing provides renewal, improvement in resource allocation, efficiency and overall results. The kind of results that transcend the organization and touches customers...
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Posted by Curtis on Feb 12, 2014
I have been in the construction industry for almost 40 years and have enjoyed founding, partnering, merging and acquiring various construction related businesses over that time. In addition, I have consulted for many businesses, mostly in the construction industry, to help others achieve and improve success. Lastly, during the recession, I was fortunate enough to serve as the President and CEO of the North Las Vegas Chamber of Commerce with all the challenges faced by Las...
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