Tim Ferriss Quote - Life Punishes the Vague Request

"Life punishes the vague wish and rewards the specific ask." - Tim Ferriss, Tribe of Mentors: Short Life Advice from the Best in the World

D. Brown Management Profile Picture
Share

One of the best things about this book is the introductory chapter where Tim describes lessons learned in asking good questions over the years.

These lessons include:

  • Sequencing of the questions for maximum impact.
  • Starting with simpler questions as a warm up for the brain. This is no different than warming up before a workout.
  • How and when to best approach busy people to get questions answered.

The ability to ask good questions is extremely valuable for building great projects and professional development.  

Quote: Life Punishes the vague wish and rewards the specific ask. Tim Ferriss. Book: Tribe of Mentors by Timothy Ferriss.



Cash Flow and the 5Cs of Credit - Conditions
The 5th of the 5Cs of Credit are the conditions for the loan, which is primarily what the funds will be used for. These conditions are here to protect the contractor as much as they are there to protect the bank.
Return on Equity and Debt Leverage (2023)
Construction contracting is a risky business that should yield appropriate returns. We did this fun comparison looking at different types of contractor's financial benchmark returns and debt leverage against some selected other companies for 2023.
Definition of Sustainability
How sustainable is your construction business? Not your ability to build sustainable buildings, but the true sustainability of your business.