3 steps to becoming an industry leader
March 29, 2013
Becoming a leader in the industry is the goal of many firms, but sometimes owners don't have the vision that will take the business to higher levels of success. Using construction software and taking advantage of cloud computing are a few digital innovations that can lead to a more productive company; however, there is a lot more that goes into becoming a top-performing firm. Entrepreneur magazine recently sat down with Robert Greene, author of the popular The 48 Laws of Power, who shared how businesses can soar to new heights.
No firm is destined for success
The construction industry is more competitive than ever, and it is normally the hardest working firms that will be the most prosperous. According to Greene, a strong work ethic is one of the most important aspects of having a business reach its potential.
"It's not a question of some natural talent or brilliance that you have, it's that you have reached that level of experience or practice," Greene told the magazine. "We have to get rid of that old-fashioned notion of genius and creativity."
Look at a top-performing firm for inspiration
While there is not one singular path to success, it's always a good idea to model the business after one that has proven itself in the industry. Construction executives should look at how the company is landing certain clients and what they are doing to meet customer needs. Thinking of the other business owner as a a type of mentor or model for how the company should be run will give members of the firm a chance to learn from someone who knows how to be successful.
"You want somebody who matches your spirit," Greene told the magazine. "If you are a very rebellious type, you don't want a stuffy conservative type mentor."
Become respected amongst peers
Part of becoming an industry leader is gaining the admiration of other business owners that run similar companies. According to Forbes, there are a few ways to go about this: trading insights with leaders of other construction firms, zeroing in on every project that the company is bidding for and beginning to reference oneself as an industry leader. Following these few steps will enable construction company owners to garner more respect from others in their profession.