Lack of Managerial MaturityThis element of Contractor failure is widespread of all in that it is very often found inconjunction with one or more of the other elements and may actually be a contributing cause ofall the other elements. Many construction organizations were founded by one person. Theentrepreneurs who survive the high mortality rate for start-ups usually enter a growth stage. Thequalities and abilities required for a contractor to succeed at a small construction business are not necessarily the same as those required for the success of a larger construction business.Confidence and independence, the very traits that cause entrepreneur to want to be in their ownbusiness to begin with can mask the risks of growth.