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Defining Business Focus: Construction vs. Service

0:22
1:04
121.5K views

At 0:22 in

Master Electrician gives Advice for All New Contractors, to pick Service or Construction, Thoughts?

What happens here

The speaker advises his son against taking on the new construction project, stating firmly that a business must choose between being a 'Construction Company' or a 'Service Company' and 'cannot have both.' He elaborates by asking what happens to service calls and service work if they commit to a new construction project. He highlights the risk of ignoring more profitable service jobs while engaging in potentially less lucrative new construction work.

Goal: Explain the importance of choosing a primary business focus.

What they say

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Number one, you're either a construction company or you're a service company. Even as an electrician." I said, "So, if you were to take on this project, what happens to your service calls and all your service work? Are you going to ignore that? Or are you going to land these really profitable jobs and leave that new construction idle while you are making more money on a service call?" And that is a huge lesson for all

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