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“Leaders can let you fail and yet not let you be a failure.”

- Stanley McChrystal

THE ART OF LEADERSHIP

Fail Forward With Steady Support

Leaders Convert Errors Into Growth Without Losing People

In combat and companies, failure is not a verdict but a data point. The leader sets the intent, empowers the person closest to the problem, and stays present long enough to salvage the learning. When people know they can stumble without being discarded, they move faster, report truth, and adapt before threats become headlines. That is how teams learn under pressure.

We practiced this through simple rituals. Share the plan, execute it, and then conduct a candid review. What went right, what went wrong, what we will change on the next turn. Rank drops at the door so facts can speak. The result is shared consciousness and disciplined initiative, the only antidote to complexity.

Your task is to build safety without softness. Confront reality, establish clear limits, and empower those with the information. Intervene for values and resources, not for ego. Credit progress publicly and coach errors privately. Over time, the unit grows tougher and wiser, and so do the results.

Set intent to empower operators to run candid reviews, reward learning, protect values, and accelerate adaptation under pressure today.

A Slam Dunk If You Need a Balance Transfer

What's one of the best-kept secrets for managing credit card debt?

This card offers 0% interest on a balance transfer into 2027. That’s almost two years to pay off your balance, sans interest. Plus, you’ll earn sweet, sweet cash back.

During uncertain economic times like these, balance transfers can really make a difference. Simply by transferring your existing credit card balances to this card, you’ll give yourself 18 months to pay it off, without accruing any interest at all.

And you can still earn cash back on everyday purchases!

COMMERCIAL CONSTRUCTION

Napco Precast Reinvents Rapid Building

Texas Oklahoma leader expands pioneering precast systems portfolio

Napco Precast traces its leadership back to 1995, when pioneer Jaime Iragorri, along with colleagues Jay Miller and Larry Hammer, launched a company that combined Texas production with US and Mexican engineering expertise. The mission remains to build inspired solutions that transform the way we live, grounded in relationships, Character, community, and the well-being of people.

Early breakthroughs introduced the two-by-two insulated panel, cutting erection time by about eighty percent for major grocers, and delivering seven-story hotels in weeks. Napco helped popularize the Texas Doughnut by demonstrating that precast garages could outperform cast-in-place ones in terms of speed, quality, and cost, while showcasing creative tees, pilasters, columns, and walls.

Growth accelerated with the acquisition of Arrowhead Precast in 2017, which extended the company’s reach across Oklahoma, Arkansas, and Missouri, particularly in stadium and casino work. Today, under President Kevin Medlin, the company adds field-topped double tee systems, hollow core for hotels, and the Quad Tee for offices and podiums, positioning Napco to lead the market for decades.

INFRASTRUCTURE INDUSTRY

Arctic Port Expansion Finally Begins

Nome port expansion contract awarded to Kiewit Infrastructure

Nome’s working waterfront turned a corner this week when the Army Corps Alaska District awarded a construction contract to Kiewit Infrastructure West worth about three hundred ninety-nine million dollars. Phase 1A involves a 1,200-foot causeway extension and approximately 600 feet of new dock face, marking the launch of a federally infrastructure law-backed harbor expansion. The City of Nome serves as the non-federal sponsor.

The larger project creates a deep-water basin, dredged to minus forty feet, and reshapes navigation channels so that larger research and cargo vessels can berth safely. Today, the outer basin is approximately twenty-two feet below sea level, limiting drafts to around eighteen feet. The upgrade also supports public safety work and strengthens the national presence above the Arctic Circle.

The contract award clears the way for the mobilization of the extension, while later phases will focus on dredging and mooring space. Nome has no road link to the highway network and sits 545 miles northwest of Anchorage, so expanded marine capacity is crucial for fuel, freight, and community resilience.

RESIDENTIAL RESEARCH

Backyard ADUs Fast Track Permits

New York City launches pre-approved backyard ADU library

New York City invited architects, engineers, and builders to submit backyard ADU designs for preapproval, creating a plan library to speed permits. Guidance released on August 13 caps units at 800 square feet and one story, with a minimum of 15 feet for detached layouts or ADUs separated by a firewall. Plans may be built onsite or as HUD or state-certified manufactured homes.

Registered design professionals apply through the Department of Buildings Office of Technical Certification and Research. Each submission carries a six-hundred-dollar fee and a limit of three designs, one attached and two detached sizes. Approved sets receive a pre-approved plan Number and appear in the Housing Preservation and Development library. Later plan reviews focus on site-specific foundations, utilities, fire separation, and zoning, which shorten approval times and reduce resubmissions.

The city will issue an online addendum by August 29 and accept complete packages by 5:00 p.m. on September 26. Teams expect faster permits while homeowners gain clear choices and price transparency.

TOOLBOX TALK

The Importance of Concrete Core‑Drilling Safety

Introduction
Good morning, Team! Today’s toolbox talk covers safe concrete coring, whether hand‑held or rig‑mounted.

Why It Matters
Coring can strike live utilities or PT tendons, bind and kick back, drop heavy core plugs to levels below, and create slip/electrical hazards from slurry and water.

Strategies for Safe Coring

  1. Verify Before You Drill – Review as‑builts, GPR/X‑ray results, and no‑drill/PT zones. Get required permits and mark both sides of the slab/wall.

  2. Secure the Rig – Use rated anchors or a verified vacuum base; check the vacuum gauge. Tether the machine. Set the level and square to prevent bit walk.

  3. Manage Power & Water – Use GFCI protection on cords/hoses to avoid trips. Contain slurry with rings/dams and collect it with a wet vac; never discharge it to drains unless approved.

  4. Control the Cut – For hand tools, use a two-hand grip; start slowly and work perpendicular to the material. Do not force-feed. Reduce pressure at the breakthrough; never reach through the hole. Use a core catcher to prevent plug drops.

  5. Protect People & Property – Barricade the opposite side/level below and establish a drop zone. Wear eye/ear protection, gloves, and waterproof, slip‑resistant boots. Clean and dry the area immediately after.

Discussion Questions

  • Where are today’s marked utilities/PT zones and our drop‑zone barricades?

  • What is our plan for slurry containment and disposal?

Conclusion
Verify, secure, control, and contain; then, the core is safe and efficient.

Mark it, mount it, manage it, then core!

Keep This Stock Ticker on Your Watchlist

They’re a private company, but Pacaso just reserved the Nasdaq ticker “$PCSO.”

No surprise the same firms that backed Uber, eBay, and Venmo already invested in Pacaso. What is unique is Pacaso is giving the same opportunity to everyday investors. And 10,000+ people have already joined them.

Created a former Zillow exec who sold his first venture for $120M, Pacaso brings co-ownership to the $1.3T vacation home industry.

They’ve generated $1B+ worth of luxury home transactions across 2,000+ owners. That’s good for more than $110M in gross profit since inception, including 41% YoY growth last year alone.

And you can join them today for just $2.90/share. But don’t wait too long. Invest in Pacaso before the opportunity ends September 18.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

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