Here is our interview with the co-owner/chief operating officer of a BC construction company. We hope you find it valuable!
As an employer in the trades, is there one specific skill that is a must before considering hiring someone?
Time management, organizational skills and work are important at every level, trade and position.
When and why did you take the leap into self employment?
About six years ago. I love the risk reward element of self employment. The direct relationship between what you put in and what you get out makes for some pretty exciting days.
What has been the most difficult thing in creating your own business and how did you get past it?
Collecting! Especially when trying to gain momentum. There are a lot of profitable businesses on paper that struggle to stay afloat because they aren’t collecting, especially in this industry.
My advice would be extra due diligence in who you extend credit to. Pursue deposits whenever possible to keep cash coming in. The clients you want will have the resources and willingness to do so.
What is your favourite part of running your own business?
Winning! And sharing that success with our team. I love seeing personal growth within the company.
What does a day look like for you?
I wouldn’t say there’s really a typical day. Our only constants in the office are our morning huddles. They provide a great rhythm and start to each day.
What advice would you give people looking to get into trades?
Go for it! Great value in the education and you get to earn an income as an apprentice. There’s always a demand for trades if you look in the right places and you can earn a very competitive living.
What advice would you give to someone who’s looking to start their own business in the construction/skilled trades fields?
I’d say the best approach would be to hang on to your current job well you get all your ducks in a row. Save as much as possible, do your research and assume you’ll need twice the resources you first thought to get going. You’ll get out exactly what you put into your business but have faith in the process and work as hard as you possibly can.