The Driller
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
The Driller
  • NEWS
    • Water
    • Geothermal
    • Construction
    • Environmental
    • Mining
    • All Industry News
  • CLASSIFIEDS
  • EQUIPMENT
    • Rigs & Heavy Equipment
    • Consumables
    • Pumps
    • Featured Products
  • SAFETY
  • VIDEOS
    • Newscast
    • Drill Talks
    • Ask Brock
    • Emerging Drillers
  • EDUCATION
    • Drilling Business Insights
    • Reference Desk
    • Sponsored Insights
  • SOURCEBOOK
  • EVENTS
    • Conferences & Demo Days
    • Newscast LIVE
  • SUBMIT
    • Drillers @Work
  • ABOUT
    • Contact
    • Advertise
  • SIGN UP

Portfolio

September 1, 2001
Read up on this month's business managment files.

Play It Safe and Win

Safety problems are like a turnover in football. Two teams can play almost evenly, but the one that turns the ball over the most, or misses the one tackle on the punt return, generally will lose the game. Similarly, most contracting companies in the same "league" run their estimating and project management about the same way. What often makes one company much more successful is a management that avoids mistakes. One bad safety incident on a job can ruin your profit margin, as well as someone's life.

We all get away with carelessness here and there. But on the jobsite, the costs of one mistake can be great. Safety does pay. Train your people to look out for hazards and the other guy. It's nice to have some "animals" on the crew who are willing to try anything, but you need to train them to work within their capabilities. None of us wants people getting hurt because they were doing something they shouldn't have been doing in the first place.

Some Thoughts on Success

Success often is a matter of common sense applied to everyday life - but how do you improve your own "success" rate? The business management experts at Printhouse Corp. offer a list of success secrets taken from years of often-painful learning.

Thank people. Never forget to say thank you to anyone who has done you a favor, large or small. A written thank-you note is one of your most powerful success tools.

Show up. Often, nothing beats a face-to-face meeting. Do your best to communicate in person with your clients whenever possible.

Don't delay. Don't let small problems fester. It's better to deal with today's molehill before it turns into tomorrow's mountain.

Master minutiae. While others are wasting their time, spend yours getting to know your industry inside out. It'll pay off later.

Build credibility. Talk to experts in your field. They can be easier to contact than you may think.

Communicate your commitment. If you can't show people you're committed to your ideas, they won't be willing to expend much energy toward helping you reach your goals.

Manage your time. Focus on what you need to accomplish. Distractions and interruptions may require your immediate attention throughout the day, but be sure not to lose sight of your overall goal.

Be kind. Don't try to show people up; they'll spend their time looking for ways to get even.

Cultivate allies. Don't waste your time trying to convert doubters who will never see your point of view. Instead, work on developing strong support among your allies.

Results. Don't let the niceties of life get in the way of results. Minding your manners is important, but remember that sometimes it's necessary to get mad.

The September Bandwagon

In case you've got nothing else to do this month, there's a bunch of causes that would love your participation. We list 30 so you can devote one full day to each. September is National ?p>
  • Cholesterol Education Month
  • Children's Eye Health and Safety Month
  • Library Card Sign-up Month
  • Piano Month
  • Food Safety Education Month
  • Prostate Health Month
  • Organic Harvest Month
  • Sickle Cell Awareness Month
  • Baby Safety Month
  • Honey Month
  • Childhood Cancer Month
  • Sewing Month
  • Nutrition Month
  • Hispanic Heritage Month
  • Rice Month
  • Alcohol and Drug Addiction Recovery Month
  • Muscular Dystrophy Awareness Month
  • Coupon Month
  • Ovarian Cancer Month
  • Literacy Month
  • Disability Awareness Month
  • Reye's Syndrome Month
  • Healthy Aging Month
  • Leukemia Month
  • Pediculosis Prevention Month
  • Native American Wellbriety Month
  • Ulcer Awareness Month
  • Childhood Injury Prevention Month
  • Farm Animal Awareness Month
  • Lice Prevention Month

That should keep you busy and out of trouble - until October.

The Safest Cars You Can Buy

Generally speaking, when it comes to buying a safe car, bigger is better. According to the National Highway Traffic Safety Administration (NHTSA), these are the seven safest vehicles on the road today:

  • Ford F-150
  • Chevrolet Impala
  • Honda Accord
  • Lincoln LS
  • Lincoln Town Car
  • Volkswagen Passat
  • Volvo S80

Disclaimer: These NHTSA ratings are the result of crash test experiments that took place under carefully controlled, laboratory-type conditions. Individual results you realize on actual roads in the presence of idiot drivers may vary.

Avoid the Fatal Flaws

University of Southern California business management professor Morgan McCall says there are 10 fatal flaws that separate unsuccessful managers from successful ones. They are:

1. Insensitivity - using an abrasive, intimidating or bullying style.
2. Aloofness - having a condescending attitude.
3. Betrayal of trust - talking behind peoples' backs.
4. Over-managing - inability to delegate tasks.
5. Over-ambition - trying too hard to get ahead.
6. Lack of long-term plan - too focused on immediate results at the expense of the big picture.
7. Inflexibility - inability to adapt to changes.
8. Over-dependency on mentor - unwillingness to take initiative.
9. Poor hiring decisions - hiring only mirror images of themselves.
10. Poor crisis management - inability to handle problems.
McCall says these fatal flaws usually become visible early on. He also says that such flaws are becoming more deadly these days because competitiveness makes leadership skills a vital trait for all managers.

Quick Tips on Attitudes

Noted authority Dr. Wolf Rinke was kind enough to share his thoughts on people's attitudes and their impact on our business and personal lives.

  • Attitudes are created.

  • A positive attitude is the one characteristic that all successful people have in common.

  • Research has demonstrated that a positive attitude can strengthen the immune system, ward off illness, help fight disease, and influence healing and recovery from long-term illness.

  • Positive people are energizers. Negative people are energy robbers.

  • Individuals can learn to change their attitude response patterns.

  • Research provides evidence that the mind and body are connected and that both have the ability to think.

  • Attitudes are infectious.

  • A positive attitude is developed and maintained by:

- starting your day on a positive note;
- using positive greetings;
- expecting the best;
- setting yourself up for success;
- avoiding perfectionism.

Keep the Family Business in the Family

One threat to continuing control of a family business is the risk that a family member may get divorced and lose part of the business in the settlement. Experts say to be sure that the shares in the business that are owned by family members are not marital property that would be subject to division in the event of a divorce.

Shares are not marital property when:

  • They were owned before marriage.
  • They are received after marriage by gift or inheritance.
  • They are purchased after marriage with separately owned funds that were owned before marriage, or funds received by gift or inheritance during marriage (something that can be very difficult to prove).

Shares are marital property when:

  • Bought with funds earned during marriage.
  • Received as compensation earned during marriage, as through a bonus or stock option program.

Transfer shares to children and other family members by gift or inheritance - not by sale or by having the business grant them through its compensation plan. Consider using trusts to clarify ownership.

Important: Check with a qualified expert about how laws may apply to your specific situation.

About Those Non-compete Clauses

Many employers obtain a written agreement from select employees who agree not to compete with the employer for a specific period of time after they leave the company, and usually within a certain geographic area.

The courts have consistently found reason not to honor very restrictive covenants because of the hardship they wreak on employees.

One case demonstrates just how restrictively these covenants are construed by the courts. A young man went to work for a contractor and signed an agreement not to compete as a contractor for two years after leaving his current employer, and within a 20-mile radius. The young man left his employer and started working for a competitor just a few miles away.

The court refused to enforce the covenant not to compete, because to do so would have restricted the young man from earning a living. This case continues the trend toward limiting the right of an employer to prevent former employees from competing when they leave.

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • geotechnical drilling rig

    6 Onsite Phrases Environmental Drillers Hate

    Here are six phrases that highlight common frustrations...
    Environmental Monitoring
    By: Jeff Garby
  • Wayne Nash

    Pipe Stuck? Common Causes and Solutions for Drillers

    If you have drilled for any length of time, sooner or...
    Oil & Gas Drilling
    By: Wayne Nash
  • submersible pumps, water well pumps

    Selecting and Sizing Submersible Pump Cable

    This article helps pump installers and servicers decide...
    Equipment
    By: Bob Pelikan
You must login or register in order to post a comment.

Report Abusive Comment

Manage My Account
  • eNewsletters
  • Online Registration
  • Subscription Customer Service
  • Manage My Preferences

More Videos

Sponsored Content

Sponsored Content is a special paid section where industry companies provide high quality, objective, non-commercial content around topics of interest to the The Driller audience. All Sponsored Content is supplied by the advertising company and any opinions expressed in this article are those of the author and not necessarily reflect the views of The Driller or its parent company, BNP Media. Interested in participating in our Sponsored Content section? Contact your local rep!

close
  • demo of a DM450 drilling rig during a customer factory visit
    Sponsored byGeoprobe

    Built for You: Smarter Drill Rigs, Stronger Support, Bigger Opportunities

Popular Stories

The Driller Newscast episode 148 - The Big, Not-So-Beautiful Bill: How to Lose Clean Energy and Alienate the Planet

The Big, Not-So-Beautiful Bill: How to Lose Clean Energy and Alienate the Planet

someone holding a shale rock

The U.S. Shale Boom Hits a Wall

An image of a mountain in Greenland

A Warning From Greenland About its Minerals

The Driller Classifieds

COMPRESSORS

EAST WEST MACHINERY & DRILLING IS BUYING AND SELLING AIR COMPRESSORS, AIR BOOSTERS, AIR ENDS & PARTS
Company: East West Machinery

DRILL RIGS

LOOKING FOR LATE MODEL TOPHEADS & DRILLTECH D25'S
Company: Spikes’s Rig Sales

DRILL RIG PARTS

MEETING DRILLERS NEEDS AROUND THE WORLD
Company: East West Machinery

ELEVATORS

SEMCO INC. PIPE ELEVATORS
Company: Semco Inc.

GROUTERS

GROUTING EQUIPMENT - GROUT PUMPS & GROUT HOSE REELS
Company: Geo-Loop Inc.

PUMP HOISTS

SEMCO INC. - BASIC PUMP HOISTS
Company: Semco Inc.

WELL PACKERS

LANSAS PRODUCTS - INFLATABLE WELL PACKERS
Company: Vanderlans Lansas Products

WELL SCREENS

WELL SCREENS & SLOTTED PIPE
Company: Alloy Screen Works

Products

Water Quality Engineering: Physical / Chemical Treatment Processes

Water Quality Engineering: Physical / Chemical Treatment Processes

By carefully explaining both the underlying theory and the underlying mathematics, this text enables readers to fully grasp the fundamentals of physical and chemical treatment processes for water and wastewater.

See More Products

Subscribe to The Driller Newscast

Related Articles

  • Portfolio

    See More
  • Portfolio

    See More
  • Portfolio

    See More
×

Dig deeper into the drilling and water supply industry!

Build your knowledge with The Driller, covering the people, equipment and technologies across drilling markets.

SIGN UP NOW
  • RESOURCES
    • Advertise
    • Contact Us
    • Directories
    • Store
    • Want More
    • Classifieds
  • SIGN UP TODAY
    • Create Account
    • eNewsletters
    • Customer Service
    • Manage Preferences
  • SERVICES
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • STAY CONNECTED
    • LinkedIn
    • Facebook
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2025. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing