Retirement Onboarding - Legacy

“Basically, when you get to my age, you'll really measure your success in life by how many of the people you want to have love you actually do love you.” - Warren Buffett

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Contributors David Brown

Start with that seemingly simple but very challenging living legacy as defined by Warren Buffett. If you don’t have that - no matter how much money you have - you won’t enjoy retirement.

As the owner of a construction business, what do you want your legacy to be in retirement and beyond?

Here are the basics. How would you fill in the details?

  • Your business is structured for continued success 20+ years after you have left. If done well, you have created a culture of succession, ensuring success for several generations to come.
  • There are people in your life, in your business, and in the construction industry who would point to you as a mentor and confidant in helping them build their lives and careers.
  • How are people talking about you now? How do you want them talking about you in five years? In 20 years?

“A society grows great when old men plant trees whose shade they know they shall never sit in.”

Greek Proverb

This is Part 7 of a 15-Part Series


Topics Covered in the Series Include:

  • Transferring Your Knowledge to the Team
  • Where to Turn for a Helping Hand
  • Post-Retirement Business Involvement
  • Success & Risk
  • The Ideal Lifestyle for the Retiring Contractor

Interested in learning more? Contact us.


Retirement Onboarding - Legacy
Retirement Onboarding is something that construction business owners must regularly be working on for themselves and other key team members....

Retirement Onboarding - Legacy
Retirement Onboarding is something that construction business owners must regularly be working on for themselves and other key team members....

Setting Standards and the Feedback Loop
Set the standard. Train to the standard. Certify to the standard. Plan the work to the standard. Execute to the plan and the standard. Check against the standard. Make prioritized improvements to the standard, training, planning, and execution.
The Quit Option
Most people rarely quit in the middle when they can see the end. They just have trouble getting started because the overall “Big Goal” seems too complicated.
The Teacher and the Student in All of Us
The rate a contractor can grow is the average speed the team learns and teaches at. We are all teachers and we are all students. There are many things that we can do to improve ourselves on both sides of that equation.