Commercial Real Estate Pro Network

BIGGEST RISK with Scott Lyons

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Synopsis

J Darrin Gross I'd like to ask you, Scott Lyons, what is the BIGGEST RISK?   Scott Lyons    So I think the biggest risk for us Darrin is is is making decisions around in kind of moment of duress, and let me kind of explain what I mean there. So what you won't get imagine that, hey, you're going into a recession will or we think there might be a recession? Maybe it's soft landing, who knows, but guess what interest rates are up there and a whole lot of is many projects opportunities out there, we better sell a bunch of work. We better just, you know, be the squirrel that goes out and just grabs, you know, every night that we can. And that rarely works out. And so what we're doing to mitigate risk really, Darren is just like, radically just discipline decision making. And so in other words, don't go out and overextend ourselves, don't go remote, don't take on projects, for customers whom we don't know. And because histories, you know, history is a great teacher, and just a lot of times that doesn't work out. An