Brett had been running his mining services and equipment maintenance business for ten years. twenty-two people servicing gold and iron ore operations across the pilbara and goldfields regions. the work was counter-cyclical by nature. when commodity prices fell and mining companies cut costs, they deferred capital expenditure and relied more heavily on maintenance contractors to extend the life of existing equipment. Brett's business was more resilient than most in a downturn. the problem was not the market. it was the same problem it had always been.
Brett was the technical authority on every significant maintenance job. his site supervisors were experienced and had been with the business for years. they managed their crews well. every decision above the routine: scope changes, equipment substitutions, partner communications on complex jobs, came back to Brett. he was managing site supervisors across two regions by phone while also running the business commercially. the two senior supervisors who had been with him longest were starting to disengage. both had told Brett informally that they wanted more responsibility. Brett had heard it as ambition. it was also a retention signal he had been ignoring.
the business had a revenue concentration problem. three mining companies represented 71% of revenue. all three relationships were managed personally by Brett. the contract renewals that were coming up in the following twelve months required Brett to be in front of the decision-makers at each company. he had not developed a secondary relationship at any of the three. if his contact moved, the renewal conversation would start from scratch.