William Patrick, William J. Patrick Inc., Lancaster, Pa.
Project: In 2003, Patrick left his home office for new offices and a showroom created from a renovated three-unit apartment building.
Method: After a year of planning, Patrick spent nine months renovating the nearly century-old building, using subcontractors and filling in with his own crews when possible.
Lesson learned: The project took twice as long and cost twice as much as planned. Unlike his approach to client’s projects, Patrick admits he didn’t “take the time to think critically about the job in terms of what all the costs were going to be.”
Bonus: “It’s a personal investment as well as a fine base” for the company.
Project: In 2003, Patrick left his home office for new offices and a showroom created from a renovated three-unit apartment building.
Method: After a year of planning, Patrick spent nine months renovating the nearly century-old building, using subcontractors and filling in with his own crews when possible.
Lesson learned: The project took twice as long and cost twice as much as planned. Unlike his approach to client’s projects, Patrick admits he didn’t “take the time to think critically about the job in terms of what all the costs were going to be.”
Bonus: “It’s a personal investment as well as a fine base” for the company.