Habits of successful contractors
Looking to start a career as a contractor? Then you should know what it takes to be successful. The best contractors share a set of habits and this article is your guide to learning them.
Adopt new tech early
Top contractors are known to adopt new technologies early on. This allows them to stay ahead of the competition but also helps with marketing and further innovation. It’s easier than ever to try out new tech thanks to cloud services, so there’s little reason not to take advantage of it.
Write everything down
Top contractors can recall important projects and customer details in their sleep because they’ve spent hundreds of hours recording it all in an organized system. Contractors who don’t write things down spend more time looking for information and completing administrative tasks than they need to.
Have a presence on social media
Social media isn’t just about publicizing the latest deals and promotions. It’s also a good place to show off your expertise, establish thought leadership and engage with customers. This is a newer habit for contractors, but it has the potential to go a long way.
Actually, read the fine print
You can’t always trust clients, so it’s critical to know exactly what you’re signing up for before accepting a job. Top contractors always read the fine print of their contract agreements rather than just look at the bottom line. You never know when small details might matter in the future.
Get insured properly
Contractors are often tempted to cut corners when it comes to insuring themselves, but doing so can have devastating consequences. When you’re working with the design build construction companies, you need to know that they’re properly insured. General liability insurance is always a must for any contractor no matter their specialty or client type. You need the right policy that has you covered in case of emergency.
Create business processes
When you’re running a business, it can be easy to miss out on opportunities by falling into common traps. You need to have processes in place to make sure your business doesn’t fall behind the competition. Top contractors are known for building systems that improve efficiency and allow them to scale up when necessary. This is especially important if you want to take on bigger projects in the future.
Plan for the unexpected
Construction projects are known for their ability to throw curveballs at the best contractors. If you want to stay agile, you need systems in place that allow you to adapt when necessary. Having a backup plan allows you to make sure your business doesn’t suffer from any unexpected roadblocks.
Proactive project oversight
Contractors with a lot of responsibility expect their foremen to make the right decisions, even in the middle of a crisis. This can place a lot of pressure on foremen and force them to take shortcuts that may hurt the project in the long run. The best contractors use a proactive system that allows them to keep an eye on projects from a distance. This also makes it easier to manage multiple projects at once, which can turn out as an advantage if your bidding results are as successful as they should be.