Making mistakes is part of the process of building a company. Quickly recovering from them is what’s most important. It’s all part of the adventure of entrepreneurship, which will require all of your stamina, drive and determination.
When you notice an opportunity that has never occurred to anyone else, there are certain steps to turning your vision into reality. You must formulate an innovative business plan, find funding, hire the right people to carry out the plan, and then step back from your role in the business at exactly the right moment.
Let’s take a look at these steps, and also at ways to avoid some of the most common mistakes new entrepreneurs make.
Step 1: Stay on Target – Stay Focussed:
A mistake often associated with the first step in Business is an entrepreneur’s inability to clearly and concisely convey his idea to others such as potential investors, partners or potential employees. An associated error is lack of focus. Clearly define your goals and strategies, then establish a timeline. Don’t let the other possibilities or hazy dreams distract you from achieving your goal.
Step 2: Be Realistic About Costs
Don’t underestimate the cost of starting your new businesses — you’ll just diminish your chances of success. Keeping your expenses under control is vital, but don’t confuse capitalization with costs. As we all know, There are many new businesses in the market who do not even have the funds for one year of expense. Under-funded new businesses are doomed to fail from the outset.
Step 3: Hire the People You Need, Not the People You Like
As tempting as it may be to staff your new business with friends and relatives, this is likely to be a serious mistake. If they don’t work out, asking them to leave will be very tough. One of your goals should be to find a manager who truly shares your vision, and to whom you can someday confidently hand the reins so that you can carry out the next step.
Step 4: Know When to Say Goodbye
A great entrepreneur knows when the time has come to leave the CEO/M.D. role. Its not easy, but it has to be done. Very few Business owners make great managers. Stepping back doesn’t mean turning your back on your business. Founders / Owners shouldn’t hesitate to re-insert themselves into their businesses when necessary
Wedge Anchor Introduction
“Wedge Anchor” is a generic term for a type of anchor used to fasten a variety of materials to concrete. Some companies have different brand names for their wedge anchors such as Kwik Bolt, Power Stud and Thunderstud. The different brands of wedge anchors all work on the same principles, are made from the same basic materials, and provide similar high quality performance.
What is a Wedge Anchor?
Wedge anchors consist of two separate pieces that are permanently pre-assembled into a single unit. The first piece is a carbon steel rod that is threaded for a portion of its length. The opposite end, the installed end of the anchor, has a necked-down diameter, or conical space, that tapers outward back to the rod’s full diameter.
The second piece of the wedge anchor is a steel clip, or sleeve, that is permanently assembled around the conical section of the rod. Each wedge anchor also requires a nut and washer to complete installation.
Wedge anchors can be used in numerous applications as long as the base material is solid concrete. Unlike many other concrete fasteners, the wedge anchor cannot be used in brick or block.
The wedge anchor is simple to use and is available in a wide variety of diameters and lengths. Wedge anchors can be used in both light and heavy duty applications. A 1/4″ x 1-3/4″ wedge anchor, for instance, would be utilized in a light duty application, while a 1-1/4″ x 12″ anchor would be used in a situation that requires a heavy duty anchor.
How Does a Wedge Anchor Work?
Again, wedge type concrete fasteners are designed for use in solid concrete only. They are designed to go into a pre-drilled hole in concrete. Once installed, these wedge anchors can not be removed without destroying the concrete. The size of the anchor is always equal to the size of the hole that needs to be drilled into the concrete. The tolerance between the hole and the anchor is very tight. As the anchor is hammered into the hole, the clip is recessed in the gap of the conical space, allowing the anchor to penetrate the hole. To set the anchor, the rod must be pulled-up (which occurs while the nut is being tightened), making the clip move outward on the tapered space, wedging itself between the rod and the wall of the hole.
Since the hole tolerance is critical in the performance of the wedge anchor, it is important that the correct drill and drill bits are used. A hammer drill should be used rather than a standard power drill because it creates a better quality hole. A carbide-tipped masonry bit should also be used because they are specifically designed for use in hammer drills and meet ANSI standards.
Wedge Anchor Holding Values
When anchoring into concrete, wedge anchors are an excellent choice because of their holding values. The holding power of the wedge anchor, as with any anchor, is always dependent on the quality of the concrete. As a rule of thumb, a safety factor of 4:1, or 25%, is generally accepted as a safe working load. Holding values are also derived from the depth of the embedment- the deeper the embedment, the better the holding values. The wedge anchor must be embedded into the concrete up to or past the minimum embedment depth to obtain published holding values. It is also essential to ensure that the anchors are not placed too close together or too close to an unsupported edge.
The pressure exerted on the concrete by a wedge anchor can be best described as cone-shaped, with the small end of the cone being the inserted end of the anchor and the large end of the cone being at the surface of the concrete. If two wedge anchors are set too close together, the pressure from the two anchors would intersect, decreasing the holding values of both anchors. These same factors apply when placing an anchor near an unsupported edge. It is possible for the concrete to crumble under pressure if the concrete anchor is placed too close to the unsupported edge.
The general recommendation is that an anchor should be placed no closer than five diameters from any unsupported edge. For example, a 1/2″ diameter anchor should be at least 2-1/2″ from any unsupported edge of concrete. Also, two anchors should never be set less than ten diameters from each other. That is, two 1/2″ diameter wedge anchors should be placed at least 5″ apart.
Determining the Correct Size Wedge Anchor to Use
The diameter of the wedge anchor required for an application usually depends on the size of the hole in the fixture to be fastened. The “fixture” could be anything from a 2×4 to a piece of angle iron, bracket or steel plate. The hole size in the fixture is most often determined by an engineer based on the necessary holding values for each particular application. It is imperative to ensure that the concrete wedge anchor fits through the hole in the fixture. A 1/2″ wedge anchor is, in reality, slightly larger than 1/2″.
Each wedge anchor diameter is available in a variety of lengths. The length required needs to be determined for each application and is dependent upon the thickness of the fixture to be fastened, plus the minimum embedment. To determine the length of anchor needed, simply add the thickness of the fixture to be fastened to the minimum embedment for the wedge anchor diameter being used, plus the thickness of the nut and washer (typically the diameter of the anchor is close to the thickness of the nut and washer).
This will give you the minimum length of anchor required. Using a longer wedge anchor than necessary will increase the holding values, but may increase your risk of drilling into rebar embedded in the concrete.
Wedge Anchor Installation
The installation of the concrete wedge anchor can be completed by following the steps below:
1. Determine the correct length of wedge anchor required to ensure that the minimum embedment is met and ensure that the wedge anchor fits through the hole in the fixture. The washer should also be larger than the fixture hole.
2. Using the hole in the fixture as a template, carefully drill your holes using a hammer drill and carbide-tipped masonry bit. The drill bit diameter should be the same as the wedge anchor’s diameter. It is imperative that the hole be cleared of all dust and debris. This can be accomplished by using a wire brush, compressed air or vacuum.
3. Place the washer and nut on the anchor, turn the nut a couple of turns. Not fully threading the nut protects the threads of the wedge anchor when hammering into the hole.
4. Insert the wedge anchor into the hole through the hole in the fixture.
5. Carefully hammer the anchors into each hole ensuring that the threads go below the surface of the concrete or past the edge of the fixture, and that minimum embedment is met.
6. Tighten the nut – finger tight. Use a wrench to tighten the nut 3 or 4 turns, or use a torque
wrench to ensure they are tightened to the required torque value. Do not over-torque, as the
anchor will either spin in the hole or pull out of the hole.
Please view this Wedge anchor installation video.
Wedge Anchor Torque Values
Wedge anchors require a minimum torque to set. Do not tighten the nut as tight as possible. When setting a wedge anchor, it is important that the nut only be screwed on finger tight. Each anchor diameter has a required torque value to which it must be tightened.
Length Identification Chart
Once the anchor is properly set, all that is protruding above the concrete is the nut, washer, and a portion of the threads. The diameter of the embedded anchor can easily be determined by simply measuring the stud. The length of the anchor, however, can be difficult to determine because the depth of embedment may not be known. To help identify the length of an installed anchor, an identification code has been developed. A letter is stamped on the end of the threaded portion of the wedge anchor to easily determine the length of the wedge anchor after installation. This letter corresponds to the overall length of the anchor (in inches).
Wedge Anchor Material Specifications
Concrete wedge anchors are available in different types of steel as well as different plating. The type of steel and plating to use is based on the application’s environment. Zinc-plated carbon steel wedge anchors are used in interior applications, where corrosion is not much of a factor. The anchor, nut, washer, and clip are all made of zinc-plated carbon steel. This type of plating is not recommended for use in ACQ treated lumber.
Hot-dipped galvanized wedge anchors are suited for exterior applications where corrosion from water or moisture is a concern. The anchor, nut, and washer are all made of carbon steel and are hot-dipped galvanized. The clip is made of 303 stainless steel. Hot-dipped galvanized wedge anchors are acceptable to use in ACQ treated lumber.
Wedge anchors are also produced in two grades of stainless steel. The 303 stainless steel has excellent corrosive characteristics for exterior applications and is resistant to many organic and inorganic chemicals, but should not be used in a salt water environment. The anchor is made from 303 stainless steel and the nut, washer, and clip are made of 18-8 stainless steel which is comparable to 303 stainless steel.
The 316 series of stainless steel has the best corrosion resistance and is typically used in harsh environments. The 316 stainless steel anchors can also be used in a salt water environment. All of the components in the 316 stainless steel wedge anchor are made from this resilient 316 steel.
Wedge anchors are an excellent choice when anchoring into solid concrete. These anchors have excellent holding values and are available in a range of materials and plating to meet the requirements of many applications. It is important to make certain that the correct diameter and length are used in each application to ensure that the wedge anchor is set properly and safely.
Article Written By: Bob Carlisle, President of Concrete Fasteners
Tawny Sikon, Operations Manager
Article Source: http://EzineArticles.com/?expert=Bob_Carlisle
Being a steel erector each day can have its pros and cons. For the most part, each erector experiences many of the same issues over and over again. One of those issues is setting the low anchor bolts correctly. Here is some information about setting low anchor bolts the correct and incorrect way.
There are many steel erectors each day constructing very similar structures. Those structures usually have problems that occur with many other projects the steel erector is working on. One of the problems that continually occurs is setting the anchor bolts.
These bolts can sometimes be tricky to deal with. Many times these bolts are set with their tops lower than the elevation they are supposed to be set at. Or the top of the bolt can extend the base plate and not allow full thread for the nut. This can certainly make it difficult, but as you gain more experience you will become better at dealing with these types of bolts.
When the anchor bolt is set low, many steel erectors call that, “short anchor bolts.” The best way of resolving it is by making the bolt longer. Now, you might ask, “how do I make it longer?” Well, the best way of extending the bolt is to thread couplers and weld extensions to the bolt.
Remember that anytime you are doing a correction you do need to consult with the structural designer. Consulting with the designer will help you make sure everything is done according to the designer’s special procedures so it is advised that you do consult the structural engineer.
Article Source: http://EzineArticles.com/?expert=Ryan_Coisson