If I was going to explain the construction business to someone who is younger than 18 years old, here’s how I would explain it to him. There are three parts of the construction business. One is to acquisition of work or getting work. And that’s estimating, bidding, and pricing. And that’s a very important part of our construction business if we’re going to go ahead and make a viable construction company. The second part which comes out of the acquisition of work is building work. And that’s the actual building, construction work, installing of work. The third part of the construction business is the keeping track part of it. And what is, is that’s the thing that obviously makes sure that we’re making money, we know what our costs are, we have filled up the proper forms and permits, things like that, that are very important in the administration of the projects that we’re building. Those 3 parts, the work acquisition, the building of work, and then the keeping track of that work, all make up a cycle. The cycle is three-part. It goes from one to another to another and the faster you run that cycle, it’s one of the secrets that I know, not many years ago. The faster you run that cycle, the bigger your competitive edge. If your competitor has a faster cycle, they own the competitive edge. So be very careful about the way in which you approach your business. Obviously, if you look at work acquisition, estimating, you can’t beat the electronic nature, you can’t beat the digitizer, software, things like that in work acquisition. You’ve got to use computers, it seems.
One of the things about construction itself too, you know, is that in the keep track side, is that we really don’t want, you know, four, five or six reports given to us by a financial manager. You know, we really have to look at and think about one report that tells me exactly where I am so I can go out and fix it. That leads to a faster cycle.