Keeping your cards close to your heart is the thumb rule to success in the construction industry

Podcast: Play in new window | Download | Embed

Every businessman has some or the other secrets that is the reason of his success in any industry. Especially in the construction industry, people need to be very shrewd about what they are telling to others. In no way they can utter a single line of their success mantra and people who write books claiming that they have written all the secrets to become successful in life are not so true. They may just give a glimpse of the entire mantra and elaborate it extensively to make it look like they have written everything in the book. However, that’s not the fact. A businessman would always want to keep his cards close to his chest and would hardly or never reveal his business secrets to anybody.

We would be discussing why one should not speak more about his achievements and the way he managed to attain success in public especially when he is dealing with men in the construction industry.

Your business model is unique:-

We all follow very distinctive business model and if it works we start reaping fruits. We add few things from it and deduct any unwanted elements which ultimately make it a model that many would like to follow. But the sad part of the story is that you can’t allow your business model to go public. Construction business is a highly competitive business and everybody wants to grow as quickly as they can. In this situation, if you make your model public and easily accessible to the general public, then there will be no stopping for people who will use your model and claim it to be theirs. You have only unnecessarily grown problems for yourself. Therefore, just keep the stuff with you without letting others have the slightest hint on what model you follow and how you work that you make such good profits.

Integrity is key:-

Integrity is a big business requirement and it is hard to get people who know what integrity is all about. It is absolutely important to hire the right set of people who understand the importance of honesty and integrity. People of strong character and principles should be the one you want them to be a part of your company. Once you are sure that you have found the right set of people on whom you can trust, you can share your business model with them and can work on it to take your business to new heights.

Avoid being a part of excessive limelight:-

We all like to become famous. But becoming famous at what cost would be an interesting question. It is fine to know people in your business circles and is also great being known to them. Having good connections always help you in your business but coming into excessive limelight can become a problem. Unknowingly, you may give people the chance to take undue advantage. Too much of anything is not good and definitely for your business.