Ever wondered if Warren Buffett’s strategies could work in the construction industry? Spoiler: They absolutely can! Join us as we break down how his approach can pave the way for your success in the industry. Tune in now!
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Timestamps:
(1:26) - All of the wealthiest people put a lot of money into the stock market, but at very little risk. They're more concerned about the downside than making a lot of money
(2:05) - They're not going to put a huge amount of money into risky investments
(3:17) - Managing the downside becomes more and more and more important. And so how do you do that in a project?
(4:12) - as you become a more mature construction company, you have to assess your risk tolerance and. Be more willing to say no
(5:04) - If you can turn down jobs at the moment, that's what we would suggest that you do based on the risk and based on the client
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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