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  #11  
Old 02-14-2007, 06:02 PM
Duekster Duekster is offline
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Location: DFW, TX
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Quote:
Originally Posted by John Gamba View Post
Cheap competition is not good. when there are a lot of part timers and under bidders its not good at all.

You hope the will die off and go out of business but then another fool picks right up.

I was in a quoin class last night and they talked about how banks hate to loan money to construction companies. My theyroy is because many of them are run buy hard working and talented people who have no clue as to run a business. As a result many go broke.
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  #12  
Old 02-14-2007, 06:40 PM
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John Gamba John Gamba is offline
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Quote:
Originally Posted by Duekster View Post
You hope the will die off and go out of business but then another fool picks right up.

I was in a quoin class last night and they talked about how banks hate to loan money to construction companies. My theyroy is because many of them are run buy hard working and talented people who have no clue as to run a business. As a result many go broke.


Also they get allot of money all at once. Some don't know how to handle it. They also get screwed by there customers to.
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  #13  
Old 02-14-2007, 09:30 PM
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txgrassguy txgrassguy is offline
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A point that hasn't been solidified about competition is it's inherent effect to market forces.
Competition can cause increased attention to a particular market segment, this is quite obvious.
However, an aspect of competition is that through increased attention the customer base itself becomes more knowledgeable.
Businesses that fail to continue with education, either scholastically or self driven often fall victim to a customer base realizing the contractors' short-comings.
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  #14  
Old 02-14-2007, 09:38 PM
Az Gardener Az Gardener is offline
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Join Date: Sep 2005
Location: Phoenix, Az
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Originally Posted by txgrassguy View Post
A point that hasn't been solidified about competition is it's inherent effect to market forces.
Competition can cause increased attention to a particular market segment, this is quite obvious.
However, an aspect of competition is that through increased attention the customer base itself becomes more knowledgeable.
Businesses that fail to continue with education, either scholastically or self driven often fall victim to a customer base realizing the contractors' short-comings.
Amen to that.
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