Construction Secrets: Recent Episodes
Cian Brennan
We are making things greater and bigger at Quantum Contract Solutions! Welcome to our podcast 'Construction Secrets!' The only podcast that will let you want to win more projects, protect your profit margin, and have better cash flow! Hosted by our CEO, Cian Brennan, start listening now!
This episode is a re-run. It was originally published in April 2024.
Most subcontractors waste their first five years learning lessons the hard way. They undercharge, chase every tender, stop marketing once the job starts, and get stuck in a cycle of low-margin work. In this episode, you'll get five practical strategies that can fast-track your growth, including how to dominate a niche, build powerful case studies, charge premium rates, and finally break free from competitive bidding. These are the same principles the top 1% use to grow faster, earn more, and win better work. Want to skip the trial and error? Hit the play button now.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB the FREE Industry Standards Guide: quantumcs.co/ISYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:09) - You want to master your own little puddle, then expand to the pond, and then to the lake
(2:56) - You've got to eat some dirt
(4:27) - Buy back your time
(5:59) - Understand where you have the most value in your business
(8:23) - How do you move away from competitive bidding?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in April 2024.
Most new construction business owners are set up to fail before they even break ground. They sign risky contracts they don't understand, take on the wrong insurance, and agree to timelines that make zero sense for their scope. In this episode, we answer real questions from trades and subcontractors about certifications, pricing models, insurance traps, and contract clauses that can wreck your margin. You’ll learn how to protect your IP, set the right risk tolerance, and avoid being locked into 36-month nightmares.If you're thinking of starting a construction company or just want to make sure yours survives, you need to hear this. Tune in now.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB the FREE Industry Standards Guide: quantumcs.co/ISYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:14) - What kind of training and certifications do you need to start your own construction company?
(2:45) - What type of insurance cover or guarantee should I be taking out on my company?
(5:42) - What would you say is the best sector to specialize in so that it doesn't happen to my business in a couple of months?
(7:52) - When signing onto a project, what is an acceptable timeline of the project? What is the industry standard?
(13:08) - How do I keep my IP to myself when I sign a new contract?
(15:05) - Should my price be fixed price or an estimate, which option would give me the upper hand?
(18:14) - Are there any courses you could recommend to my team and I can learn about clauses and contracts?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in April 2024.
Most contract administrators are leaving money on the table without even realising it.
If you think your job is just submitting change orders and delay notices, you're missing the real opportunity.
Great contract admins do more than push paper.
They improve cash flow, increase margins, and protect the company from costly disputes.
In this episode, learn how to become the kind of contract administrator who gets noticed, promoted, and rewarded while helping your company thrive.
Listen in and discover how the top 1 percent actually operate.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:26) - One of the key things that you have to remember as a contracts administrator is it's not about. pushing paper from A to B
(3:19) - Lawyers understand everything in the clauses for sure, of course they do, and they understand the risks, but they don't understand how it actually plays out on site
(5:34) - The biggest problem in construction is doing work for free
(7:10) - How do you be contractual without being aggressive? How do you do it in such a way is that they don't think you're combative?
(8:15) - Contracts administrators are not paper pushers. They're switched on commercially
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in March 2024.
You might think you're signing a fair contract… but you’re not.
Most contractors believe they’re agreeing to standard terms, when in reality, they’ve been handed a heavily amended document that quietly shifts all the risk onto them.
These “wolf in sheep’s clothing” contracts look safe until something goes wrong.
Suddenly, you're hit with hidden clauses, tight time bars, and zero entitlement to variations or delays.
In this episode, we break down how this happens, why it’s so common, and what you can do to protect your margins and cash flow.
Tune in now and find out if your contracts are quietly setting you up to fail.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:08) - The thing about this is contracts typically are not really designed to be fair
(3:06) - What they do is if they can push the risk, if they can have you finance the project on their behalf, their cashflow is a lot better
(4:38) - What actually happens is they use the standard form contract, and then they amend that contract and then give you that contract
(5:40) - They can manipulate time bars
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in March 2024.
One mistake in construction can wipe out 20 years of hard work.
It sounds extreme, but it happens every day.
Rising interest rates, skyrocketing material costs, and a shortage of skilled workers are creating the perfect storm.
On top of that, most contractors are blindly signing risky contracts that shift all the pressure onto them.
If you're not negotiating smarter and protecting your margins, you're playing a dangerous game.
In this episode, find out what’s really killing construction companies and how the top 1% are protecting themselves while making more profit on every project. Listen up!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:44) - What is the problem in construction and why do so many construction companies end up going out of business?
(3:16) - Most people lost a lot of money if they were locked into contracts
(4:20) - How do we make sure that one false step isn't going to put us out of business?
(5:41) - If you're not playing the contracts game, you're going to lose
(6:28) - Construction is a game about longevity
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in March 2024.
If cash is king, then cash flow is the empire. So why are most construction businesses still broke?
Seven out of ten construction companies go under within ten years, and it is rarely because of poor workmanship.
The real problem is tight margins, weak cash flow, and contracts packed with hidden risks.
In this episode, we break down why most companies fail and what you can do right now to avoid the same fate.
Tune in to learn how to fix your business model, protect your cash, and finally gain control of your construction future.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:33) - The average margin is 5 to 15% and that typically in other industries would be considered a pretty low margin for a business to stay alive
(2:22) - If cash is king, then cash flow is the empire that sustains its realm essentially
(3:32) - If you've got low margins, one of the things that we see is that your relationship game is very poor
(6:03) - The best business models that you can have, or the ultimate best business model is insurance companies
(7:48) - When you do negotiate, it makes a massive difference to your risk profile
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in March 2024.
40% of construction companies are struggling with negative cash flow right now, and many are at risk of collapse.
Rising costs and shrinking margins are hitting hard, but there are proven ways to protect your business.
In this episode, we break down practical strategies to manage cash flow, avoid disputes, and stay profitable.
Tune in now to get the insights top contractors are using to stay ahead.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:12) - In real construction businesses, you don't have venture capital money and you need to rely on actual cash flow. Volume is vanity and profit is sanity
(3:02) - The smaller the ego, the bigger the bank account
(5:30) - In the last quarter, 40% of construction companies have negative cash flow
(7:53) - New leaders want to know the tricks and tactics to implement. A leader wants to know strategy and advanced leaders want to know concepts
(9:14) - Hire well and manage little and so how do you do that in your business?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in February 2024.
Why do some construction companies thrive for over 100 years while most barely make it past ten?
It is not luck. It is not size.
It is a repeatable system built around positioning, reputation, relationships, and contract management.
In this episode, you will learn the four key strategies used by the world's most successful contractors and how to implement them in your business today.
If you are tired of low margins, constant stress, and feeling stuck in no man's land, this one is for you. Tune in now!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:24) - Why is it these companies managed to last so long while seven out of 10 of the average construction companies go out of business within 10 years?
(2:21) - The more expensive you make it, the more people want it
(3:18) - The problem is most construction companies sit in no man's land
(4:25) - If you have a bad reputation, you're not going to get work from people
(6:01) - They understand the importance of negotiating their contract upfront to lower the risk and improve the terms so they can actually make more margin
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in February 2024.
Most construction business owners live in quiet fear of going under, and they’re not wrong to.
Seventy-six percent say they constantly worry about shutting down, and the stats show 65 percent won’t make it past 10 years.
But what if the way out isn't scaling faster, but thinking differently?
In this episode, you’ll learn the mental model that helped cut through the noise, simplify decision-making, and flip failure into a smarter strategy.
Listen now and discover how one shift in thinking could save your business from becoming just another statistic.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:23) - Owners of construction companies live with the constant insecurity of going out of business
(2:14) - Embrace the fear, the negativity, the complaints. Let them serve to improve you as a person and your construction company
(3:14) - Is a construction business really worth the hassle?
(4:47) - Inversion thinking is about flipping the way you approach problems. It means looking at them from the reverse perspective
(6:13) - Great margins are where you make enough money to hire the best people, have the best equipment so you can deliver on the best outcome
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in February 2024.
Most construction companies think they’re delivering great service, but their clients don’t see it that way.
Keeping your promise is only half the battle.
If your clients don’t feel it, they won’t remember it, refer you, or come back.
In this episode, learn the real difference between client delivery and client experience, and why mastering both is key to building a reputation that keeps your business growing.
You’ll also get four simple steps to transform your client relationships and stand out in a crowded market.
Listen up and start turning satisfied clients into lifelong partners!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to GRAB a copy of our book The Subcontractor's Edge: quantumcs.co/SubEdgePreYt
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:02) - You are not your business, you're not your net worth
(3:25) - Your clients don't think you are as good as you actually are
(4:29) - Client experience is defined as how customers perceive their interaction with your company
(5:01) - The perception is that you are the same as everyone else
(6:38) - If they're comfortable enough to give you a case study they're obviously really happy at what you do
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in February 2024.
If your construction business is not growing, the problem is not your marketing. It is your delivery.
You do not need flashier branding or fancy systems.
You need to be brilliant at the basics.
In this episode, you will learn how an Olympic cycling coach turned a failing team into a global powerhouse by focusing on simple, consistent improvement.
Tune in now to discover how mastering the fundamentals can transform your business.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:46) - The idea is that a perfect business delivers such a good product or service that no sales or marketing is necessary
(2:51) - Sir David Brailsford. Brailsford was head of British Cycling on the Olympics and Team Sky
(5:45) - Marginal gains has not only revitalized British cycling, but also set the standard of excellence in the world of professional cycling
(6:29) - The number one concept was be brilliant at the basics
(7:42) - if you can avoid the fancy and be obsessed with the basics, you are going to make a lot of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in January 2024.
The number one reason your construction company stops growing is not what you think.
It is not the market.
It is not the economy.
It is the deceptive orchard, those tempting new opportunities that slowly drain your time, energy, and profit.
Most construction companies stall when they start chasing complexity instead of doubling down on what already works.
If you have ever felt stuck after early success, this episode will show you exactly why and how to fix it.
Tune in now and learn how to scale your construction business by keeping it simple and focused.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:44) - Many people reach a point where they stop growing and they're growing stops, essentially
(3:40) - We get rewarded for the changes that we've made
(4:28) - The problem is you aren't adding volume to everything that you do
(4:48) - Do one thing and do one thing only and be fucking good at that one thing
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in December 2023.
One wrong clause could make you pay for everyone else’s mistakes.
When something goes wrong on site, the blame game begins.
But if you signed the wrong indemnity clause, guess who’s left holding the bag?
Most construction companies don’t realise just how much risk they’ve agreed to until it’s too late.
If you’re a contractor, subcontractor, or supplier, this episode breaks down what indemnification really means and how to protect yourself before the finger-pointing starts.
Listen now to learn how to take control of your contracts and avoid paying for problems you didn’t cause.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:21) - The term indemnification itself, It's a clause in the contract that's critical to your business's survival
(1:58) - Everyone has to deal with indemnity clauses, no matter how much responsibility they have
(3:22) - Indemnity clauses are not created equal
(4:05) - This is important because it's not only what keeps you safe, but also makes things fair for everybody involved
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in November 2023.
Unfair contract clauses are now illegal in Australia. Are you ready to turn that into your advantage?
For too long, subcontractors and suppliers have been pressured into signing one-sided contracts.
That era is over.
Companies can now face fines up to $50 million for including unfair terms.
This is your chance to renegotiate, protect your business, and finally level the playing field.
Listen now to learn how this legal shift could change everything for your construction company.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:14) - If a company presents a contract that has unfair terms, that company could now face a penalty
(2:22) - Starting November 9th, 2023, standard form contracts can't include unjust terms
(3:13) - If they're unfair, they're not void. They're illegal
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in November 2023.
Most construction companies lose money before they even win the job.
Here’s why.
Bidding mistakes, bad cash flow models, and weak contract negotiations are quietly sinking businesses that look successful from the outside.
The smartest construction companies are winning more projects, protecting their cash, and building long-term client relationships, because they play the game differently.
In this episode, learn the four costly mistakes you must avoid and how a simple shift made one contractor a trusted go-to for major projects.
Tune in and set your construction business up for real success.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:08) - That's the game. They're giving you their worst possible contract knowing and expecting you to try to negotiate
(3:35) - You don't want to be a commodity. Instead, you could submit an alternative bid with different offers
(4:35) - You don't want to be in the selling of your services business. You want to be in the reorder business
(6:08) - The worst kind of construction business model is I'll do work today, you pay me in 90 days time
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in November 2023.
Four lines of fine print cost them millions. Don’t let it happen to you.
One overlooked clause turned a luxury condo project into a complete disaster, with leaking roofs, massive redesigns, and a brutal legal battle.
In construction, it’s not just the work that can destroy you, it’s what’s hiding in your contract.
Learn how one mistake wiped out a fortune and the four simple moves that could have saved everything.
Listen now and find out how to bulletproof your contracts before it’s too late.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(3:53) - They didn't read the contract specifically. They just signed the terms and conditions of the contract
(4:16) - They would have highlighted a clause or a section in the contract that is called document discrepancies
(5:02) - Follow the dispute resolution clause in the contract
(5:21) - As soon as you get into a dispute in construction, it's a race to see who loses the least amount of money, including you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2023.
The next construction boom isn’t where you think — and barely anyone’s tapping into it.
While most companies scramble for scraps, a few smart operators are quietly pivoting toward green construction — and making a fortune.
The best part? You don’t need a huge budget or a massive team to get ahead — just the right strategy.
Learn how to win more projects, dominate digital marketing, lock in repeat clients, and tap into the biggest growth opportunity of the next decade.
Listen up and find out how to future-proof your construction business.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:11) - Who are they? What type of revenue do they have? How many employees do they have? What type of company do they have?
(3:00) - The right type of clients are going to pay you more
(3:14) - If you get on top of this, you'll have an advantage on everyone. It doesn't even have to be expensive
(4:39) - You're just not competing with other people on price. You want to be offering different things
(6:34) - So many countries in the world are pushing towards green construction
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2023.
If you’re signing construction contracts without negotiating, you’re setting yourself up to lose.
The biggest companies always negotiate — and they win because they know the contract you’re handed is designed to protect the client, not you.
Negotiating isn’t a risk — it’s how the real players protect their profit, reputation, and future.
Want to stop playing small and start protecting your business the way the top contractors do?
Tune in now and learn the real rules of the game.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:46) - I think if we try to negotiate our client is going to award us the work
(2:42) - The biggest construction companies, the most successful companies negotiate like absolute crazy
(4:03) - Do you think that works in your favor or against you? Do they think you're easier to deal with or are they thinking you don't really know what you're doing?
(5:25) - Limiting the downside is more important than looking for this huge upside
(5:58) - Everything can be negotiated
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2023.
Most contractors have no idea how to actually get paid when a client goes under.
There’s a hidden game happening behind the scenes — and the ones who know how to play it walk away with their money while everyone else gets left out.
It’s not about hoping, chasing, or filling out the forms they hand you — it’s about knowing how to work the system to your advantage.
If you’re in construction and you want to survive what’s coming, you can’t afford to miss this.
Listen now and learn the moves that separate those who get paid from those who get wiped out.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:29) - It's a bit of an epidemic of construction companies going out of business
(3:51) - There's two things has been scarce
(5:48) - What the GCs and main contractors tend to do is they squeeze people's cashflow in order to make a deal
(6:07) - How do we keep our cashflow alive? How do we make sure that we get paid?
(8:01) - Basically, you want to kill them with paperwork
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2023.
Losing money in construction? It could be happening without you even knowing it. Tune in now to discover 7 ways you might be throwing money down the drain!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:24) - It doesn’t matter what country you’re in, the problems are the same
(3:09) - The problem is the final contract you end up signing is different to the quote
(6:54) - There’s always going to be changes or delays, and both of those things cost you money, without a doubt
(7:59) - Most businesses don’t die of starvation, they die of indigestion
(9:21) - It is better to be the company that is known for turning down projects than taking on too many
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in July 2023.
Are your subcontractor agreements setting you up for success—or failure? Discover the smarter alternative that can save you time, money, and stress. Listen now to learn more!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:42) - They got issued a purchase order which had the client’s terms and conditions on it. Now their first question was, are we now bound by the terms and conditions of this purchase order
(4:23) - You gotta know that them just issuing you a contract does not mean you have to sign it, even a purchase order or a service order
(5:47) - You don’t want to find yourself in a situation where you’re already on-site with a contract that you don’t really want to be in and you’re negotiating as it’s happening
(6:31) - You have to get a set of commercial principles
(7:17) - You will attach these commercial principles and you will clearly say in your proposal: our price is based on the acceptance of these commercial principles
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in July 2023.
This is the construction business model that changes everything. Curious about how it works? Listen up and learn how it can unlock massive growth for your business!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(3:09) - 10% might just be your margin and so if you get away for a whole year to realize your profit, that is essentially a bad business model in my view
(5:08) - How can we move a traditional construction company from the worst business model to a better one?
(5:26) - The first step is to start getting a prepayment on every project that you do
(6:40) - It liquidates your cost of acquisition
(7:43) - You’re actually able to secure materials and people quicker and at better rates
(8:23) - You actually deliver a better outcome for your client
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in July 2023.
What’s the secret sauce for construction management success? It’s all about these 10 key wins! Tune in now to find out how you can apply them to your projects!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:38) - Volume is vanity. Profit is sanity. But, cash flow is king in construction
(3:37) - Be a squeaky wheel when it comes to payments
(4:15) - Before you sign any contract. Make sure that you understand the escape hatch. How do you get out of the contract?
(06:28) - So many construction companies say I am in construction when the reality is no you’re not. You’re in the business of construction
(8:12) - Number one rule is do not lose money. The second rule is refer to rule number one. And, what that means in construction is doing work for free
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in July 2023.
Want to rise above the competition? Listen to this episode to learn how to leverage your client's reputation for a competitive edge.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:33) - If you get a bad PM, like that can be terrible. I mean, that can really affect your profitability on a project, if not managed correctly
(4:13) - So the way to approach this is you need to be doing it at the start and building that relationship with the project manager
(4:19) - So there's two things you wanna build. One, you wanna build the reputation of their company. And two, you wanna build, if you can, build a reputation of that PM
(8:02) - Remember that you want to give them a reputation to live up to because they will live up to it
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in July 2023.
What if the biggest hurdle to your construction business success is something you’re overlooking? Find out the common mistake that’s stopping most businesses from reaching their full potential. Listen now to learn more!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:54) - It's not always about price
(3:25) - The game that is being played is that they give you their worst possible contract and they have backups for everything
(3:44) - You need to stop thinking that by being commercial and or inverted commas, confrontational with them regarding your contracts, that that's gonna reflect badly on you
(5:12) - Small companies do these type of things. They don't negotiate their contracts. They think that they can't negotiate. Big companies negotiate
(5:57) - You need to be able to interpret what's in the contract
(6:03) - You could go to a construction lawyer that is in your area and you go and have a meeting with him and tell him what you wanna do is you wanna draft up a set of commercial principles
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in July 2023.
Imagine working in construction and actually seeing the profits roll in. It’s not a dream—learn how it’s done and find out how to make it happen!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(6:32) - The key takeaway here is that there is a game being played, regardless of what way you want to look at it, there is a contract game being played
(6:45) - All of these companies at the end of a project will be trying to save money. And one of the ways they can save money is by not paying you
(7:22) - The business of construction has winning more work and delivering the work, and getting paid for the work
(7:29) - You need to be able to understand the impact of having good contracts team in your business so that you get paid the money that you're entitled to be paid
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in July 2023.
Margins feeling tight? Here are 3 proven ways successful contractors are increasing their profits. Tune in to learn how you can do it too!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(5:09) - Oftentimes it's doing a lot more of the exact same thing that you're doing, rather than trying to do a completely different strategy
(5:49) - You need to decommoditize your offer
(6:27) - If you can't be the absolute cheapest, it's better to be the most expensive
(7:45) - You need to have more than one acquisition channel
(8:26) - If you have a different way to win business other than just bidding for work, then that's going to allow you to have higher margins
(8:57) - The best construction companies are the companies that do one single thing very, very well
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in June 2023.
Your construction project looks successful on paper, but your margin tells a different story. Could you be making this common mistake? Click play to find out what’s costing you and how to fix it!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(4:07) - They are entitled to be paid for what you agreed in their contract and the work that they've done
(5:35) - They're entitled to be paid for the costs unless the contract says different
(5:57) - If they’re terminating you in the contract, you are entitled to get paid for demonstrated actual costs
(6:32) - You should be entitled to claims for the costs that you have incurred
(7:04) - Check your termination clauses, check your variation clauses in your contracts that you signed
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in June 2023.
Most people sign contracts without reading the fine print, but these will make you think twice. Don’t sign another one until you hear these 5 shocking truths—listen up to learn more!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:51) - The first thing is not having a reciprocal termination clause
(2:34) - You need to make sure you have what's called reciprocal termination so that you can terminate them for default
(4:13) - Having no cap on your liquidated damages means that if the delay is huge, those costs could just spiral and spiral and spiral and get bigger and bigger and bigger
(4:40) - Consequential damages are consequential loss, which is essentially a loss of profit
(4:48) - Liquidated damages is you compensating them for the costs of you being late
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in June 2023.
It’s not just about signing the deal—it’s about managing it effectively. Discover how smart contract administration turned one project around and why it’s vital for your success. Tune in now!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System:quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%:quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE:quantumcs.co/YTNewsOptIn
Timestamps:
(4:34) - Relationships are important. The industry has definitely changed in that they are less important
(7:03) - As you start off being contractual, they actually just think you're very, very professional
(8:10) - If they can save costs by doing something contractually to you to make sure that you don't get paid, they will do it
(8:28) - One very good tip is to submit notices if you've been delayed and managed to mitigate the risk away
(8:57) - There's a contracts game at play here, it's being played whether you want to play it or not. Learn how to play it
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in June 2023.
What if the software you’re using to simplify your contracts is actually costing you more? One construction company learned the hard way. Listen now to find out why and how to avoid the same mistake!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System:quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(4:21) - People almost didn't use it because they didn't want to bother going through every single step and clicking it and opening it and go to the next step and the next one
(6:29) - A lot of the softwares are put together by IT people and the actual people that need to use the software on construction sites are supervisors and project managers
(8:31) - Think twice before you do invest because it's very expensive and it costs a lot of money
(8:49) - The system itself won't put money in your back pocket
(8:58) - Focus on making sure that you're getting your notices in, that you're doing all the contractual things that you should be doing
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in June 2023.
Liquidated damages: a contract term you can’t afford to overlook. Find out how they work and why they’re critical for project success – listen up!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%:quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(3:28) - Liquidated damages is to reimburse the client for the cost of the delay to the construction project itself
(4:38) - The key thing in consequential damages is your client, more often than not, is so big that his profit or his loss of profit could be the size of your company
(5:20) - What can go wrong is they can hit you with liquidated damages and then they can also take you to court as well
(5:35) - We want the liquidated damages clause to say that liquidated damages are the sole remedy for delay
(6:19) - The biggest thing is capping how big the liquidated damages can be
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in May 2023.
What happens when you see construction challenges from both sides? Understanding two perspectives can change how you work and succeed in the industry. Listen now to learn why it matters!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:45) - 33% materials, 33% people and 33% profit
(3:48) - You need to have your contractual docs in a row or you get steamrolled
(6:16) - The thing is, it's not black or white. It is on a continuum
(7:26) - When you bridge that gap of showing them that you're an actual business, that makes the difference
(8:05) - They're afraid to say their business because they don't want to look unprofessional
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in May 2023.
Subcontractors, beware: these actions could be damaging your site relationships. Discover what to stop doing and how to foster better partnerships. Tune in now!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(3:29) - Even though they're doing good work on-site, they weren't getting paid
(5:15) - There's a chain of command that needs to be followed
(5:38) - The mindset shift that you need to understand here is it's not how good a job that you do
(7:14) - Create a great relationship where you consistently try and make him look good in front of his bosses. And that is the key to success on your construction projects
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in May 2023.
Confused by construction payment levels? This episode breaks it all down so you know exactly how to get paid what you’re worth. Don’t miss it – listen now!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(5:14) - The worst case really is you win a tender, so you've had to cut your margin to win the tender or you've had to do something to perform the work cheaper than anybody else
(5:56) - You want to get the payments to lock in the costs of the materials
(6:09) - Try your best to negotiate that front payment
(6:38) - What is your offer that you can supply that will differentiate you from everybody else?
(7:26) - Stay away from that vicious cycle of tendering lower, lower, lower, lower, lower, lower, lower until you basically make no money on projects
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in May 2023.
Time is money – but are you using yours wisely? Find out how to make every minute count for your business success. Listen now for tips you can start using today!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(4:45) - You want to know what the risks are that is very important to you
(4:57) - If you were to pay someone that day rate, what would you want them to be doing for you?
(5:16) - Your time is extremely valuable to you and your business
(5:33) - You are more valuable to the company
(5:37) - Time is very important particularly for a lot of construction leaders
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in May 2023.
Imagine never waiting on client payments again! In this episode, we break down smart tactics to ensure clients pay up on time. Don’t miss out – tune in!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(2:48) - It's about the small things
(4:01) - You're due to be paid when you're due to be paid
(4:48) - Be on top of when you're not paid
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in May 2023.
Long hours, tight deadlines... is work-life balance even possible in construction? Here’s how you can reclaim your time without sacrificing success. Listen up!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(7:13) - Work is part of life
(7:24) - Your life is your life and work forms part of it
(7:59) - Fix that problem that why is work not fun
(8:30) - You can design your life however you want
(10:22) - I got rid of everything that wasn't productive or investment, which allowed me then to only work on things that are going to move the business forward
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in May 2023.
What’s it like navigating a $100M deal with a major Chinese subcontractor? Get a firsthand look at the process, the challenges, and the payoff – listen now for all the details!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(5:51) - Regardless if you decide to go ahead with quantum or not, you 100% need to employ people contractually
(6:49) - If these companies do that because there's a return on investment and so there is a game of contracts that you need to understand that is being played
(7:29) - If the biggest and best construction companies out there are employing contracts people, it is for a reason
(8:21) - How can I get a system that makes sure they get I get all my docs in a row contractually so that I'm protected contractually if anything happens?
(8:41) - Time is money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in May 2023.
What’s the key to rapid growth in the construction business? We’re breaking down the strategies successful companies use to scale fast. Don’t miss out – tune in!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(3:25) - What you need to do to be a successful contractor in this day and age is not just deliver on-site, but you need to deliver contractually as well
(4:08) - Delivering on-site ensures that you get a good reputation and that you get referred and you get repeated works
(4:18) - Delivering contractually ensures that you protect your profit margin enough and your cash flow so that you're able to do the additional work
(4:42) - You got to be able to negotiate a good contract
(4:48) - Understand that delivering contractually is just as important as delivering on-site
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in April 2023.
In construction, your power lies in the contract. Strong contract negotiation is your best tool. Listen up and discover how to use negotiation to your ultimate advantage!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(02:10) - You need to negotiate better terms upfront
(04:06) - You need to understand that everyone negotiates these things
(05:45) - Ultimately it's going to reduce your risk, which is going to help you stay in business over the long term
(05:54) - You need to be on top of your contracts
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in April 2023.
Success in construction isn’t just about hard work—it's about strategy. In this podcast, learn what top professionals do to stay ahead in the game. Tune in!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:44) - Things were always very competitive
(4:17) - It's not what they have, it's what they don't have
(5:01) - We want mistakes, we learn from mistakes, we want to accelerate failure
(6:18) - Can you keep going without having success?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in April 2023.
What’s the secret to staying profitable as a subcontractor? Tune in to discover the one thing all successful subcontractors do to keep their margins high and their business thriving. Listen up!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:20) - What are you optimizing for?
(4:01) - Most of the time, they tend to do one thing only
(5:35) - The most amount of money goes to the guys that don't lose
(6:29) - Reducing your risk in your contract negotiations
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in April 2023.
On the brink of bankruptcy, this subcontractor made a bold move! Hear the incredible story of how smart negotiation tactics saved their business and turned things around. Press play to learn how you can do the same!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:36) - They were locked into a price on a massive project
(2:27) - There's no rise and fall or escalation clause
(3:11) - If you continue to work on this project you're going to go under
(4:58) - All we wanna do is we'll take it all up so that we can just break even on the project
(6:25) - Using the word "cash flow" all of a sudden perks up their ears
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in April 2023.
Construction is evolving fast—are you keeping up? In this episode, we dive into six key changes shaping the future of the industry and what you need to do to stay competitive.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:42) - It used to be all about relationships, but it is no longer the case
(2:55) - You just don't really see standard contracts anymore
(4:24) - AI, ChatGPT is actually going to replace white-collar workers pretty quickly
(5:56) - The cost of materials, across the board, has gone bonkers, particularly in construction
(7:01) - Everyone is experiencing difficulty in finding good people
(8:03) - If you're a main contractor please be careful with your balance sheet
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in April 2023.
Hear the story of a subcontractor’s contractual nightmare and the key takeaways that could save your project! Listen now.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:25) - Subcontractors in my view are the only people that actually do any form of construction
(4:25) - From here on in we're going to have to just deal with the contract
(5:49) - That's essentially when they came to us to talk about it
(7:28) - The biggest and best construction companies have contracts teams for a reason
(8:12) - All you can promise is you will try to do something
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in April 2023.
Tune in as we break down the nominated subcontractor’s common challenges and how to overcome them. Click play!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:11) - First thing is the nominated subcontractor
(3:23) - You're going to have to get the finance that's going to cost you a load of money
(4:05) - You want to have all of the things that you've negotiated done with regard to the nominated contractor just before you signed a contract
(4:49) - But the bottom line is you need the information before you sign the contract because it could cost you an absolute ton of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in March 2023.
Nail your next construction meeting with these expert tips. Listen up!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:13) - And at the end of the day, subcontractors are the only people in the whole contractual chain to actually do construction work
(2:20) - But the older companies who are sticking to relationships are the companies that are getting bitten at the moment
(4:40) - So even though relationships are still important if you haven't done the contractual stuff, there's nothing you can do
(5:49) - But if you are contractual from the get-go, from the beginning, they don't look at you as difficult to deal with
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in March 2023.
Aiming for 100% success in your construction company? We've got a powerful secret to share that could make all the difference. Tune in to find out!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:22) - The problem that we see in the market
(3:29) - They don't want to be perceived as difficult by a client
(4:31) - Risk is very very important for the longevity of a construction company
(6:17) - When it doesn't go well, it goes very badly wrong
(8:01) - Margin is in post-award
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in March 2023.
In construction, time is money, and delays can be costly. Learn about the critical dangers of time bars and how to avoid financial setbacks in this episode. Click play!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(0:51) - Construction subcontractors are the guys that do all the construction in the world
(2:55) - Time bars are crucial, they're critical
(4:22) - They want that information so they can accurately predict what's going to happen over the next few months
(6:07) - In a construction project, they divide it into four quarters
(7:56) - Whatever you need to do to comply with the time bars you need to get it happening in your business
(8:39) - Start submitting notices of delay where there's no cost or time impact
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in March 2023.
As a construction subcontractor, building trust with general contractors is key to winning bids and securing repeat business. But how do you market your services effectively on a budget? Tune in to learn cost-effective strategies for success.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:35) - The marketing approach that they typically take is very traditional, some don't market at all
(3:19) - The main thing that you need to do over a long period of time is producing a piece of cornerstone content
(5:09) - On your website, you need to have what is called a pixel
(7:18) - It is no longer social media, it is now just media
(8:37) - Now it's not about the people, it's about the interests
(11:18) - It's more branding than direct response marketing
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in March 2023.
Feeling stuck in the tendering process? It can feel like a never-ending cycle. Tune in to this episode as we break down why tendering often feels like going in circles and how to break free.
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:13) - What is the vicious cycle of tendering or how do you get yourself into a vicious cycle?
(2:32) - You were asked to be part of a bid or a tender
(4:14) - That's how mistakes happen, obviously, these guys made a mistake as well
(6:01) - You want to have a different acquisition channel other than bidding or tendering for work
(6:56) - The virtuous cycle is you win a project with a high margin
(8:18) - The biggest and best construction companies will win bids at a loss but they know that they can make it up in the post-award phase
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in March 2023.
Success leaves clues. Explore two game-changing business strategies that are helping construction companies build stronger foundations and achieve sustainable growth. Listen now and build your business to new heights!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:32) - It has made no tangible difference to anything that we do except allow us to make more revenue
(2:50) - A lot of them are working for family wealth, venture capital companies, or investment companies
(5:03) - In the meantime, its top-line revenue only
(6:18) - It's not doing more complex things, it's doing the simple things that are already given you results
(8:00) - Our sales didn't change but the value of our sales went up massively
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in February 2023.
Curious about the top mistake subcontractors make? Uncover the number 1 pitfall that can derail your construction projects and how you can avoid it to ensure success. Listen up for valuable advice!
Struggling with unfair contracts or slow payments in construction? With 6,000+ contracts reviewed and $20 billion in contracts managed, Quantum Contracts' proven framework is designed to help you negotiate fair contracts, secure faster payments, avoid disputes, and improve cash flow.
Don’t let contract issues hold you back—gain the confidence to focus on growing your business. Ready to take control and make more profit per project?
Click here to IMPROVE your contracts using the Quantum Contract System: quantumcs.co/Yt2025
Click here to BOOST your profit margins up to 15%: quantumcs.co/YtO3SimpleChanges
Click here to GAIN expert advice weekly for FREE: quantumcs.co/YTNewsOptIn
Timestamps:
(1:28) - You can analyze drawings, you can interpret construction drawings
(2:17) - If you agree to this particular clause, how does this impact your risk?
(5:07) - People think relationships are the most important thing
(7:05) - They'll open up the unpriced submission first to make sure that you are able actually to do the work
(9:14) - Can you do the work? Are you commercially savvy enough to handle all of this?
(11:00) - The whole project ran to a halt because of these snails
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in February 2023.
Want to cut costs on your construction projects? Learn how a well-crafted contract can save you money and prevent costly mistakes. Tune in!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:31) - Risk is a little bit different in what a win looks like
(3:34) - The perception of risk changes a lot but the actual risk doesn't change
(6:08) - The road to less stupid is doing less stupid things, making fewer downsides
(8:02) - As a construction person you can analyze and interpret construction drawings
(9:38) - That's why signing a better contract is better for you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in February 2023.
Ready to take your construction management skills up a notch? Here are four hacks you can't afford to miss. Click play and find out how to take your projects to the next level!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:17) - There's always an opportunity to submit an alternative bid
(2:54) - We're looking for an X amount of upfront payment
(4:41) - What I'd like to do is give you a schedule of rates
(6:05) - Have you ever heard of Pavlov's dog?
(7:33) - You're not gonna be the type of company that accepts late payments
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in February 2023.
What makes top construction companies so successful? Tune in as we reveal the top 5 traits that drive their multi-million dollar success. Don't miss out!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:33) - We can see which companies do well and which don't
(3:03) - And then because you're really good at that one thing, your reputation increases
(4:35) - We'd rather go to this company, we know they're gonna do a good job
(6:17) - When you got a family business, what is it that makes them so successful?
(7:44) - The biggest tool that a client can use against you is restricting your cash flow
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Ever wondered if Warren Buffett’s strategies could work in the construction industry? Spoiler: They absolutely can! Join us as we break down how his approach can pave the way for your success in the industry. Tune in now!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:26) - All of the wealthiest people put a lot of money into the stock market, but at very little risk. They're more concerned about the downside than making a lot of money
(2:05) - They're not going to put a huge amount of money into risky investments
(3:17) - Managing the downside becomes more and more and more important. And so how do you do that in a project?
(4:12) - as you become a more mature construction company, you have to assess your risk tolerance and. Be more willing to say no
(5:04) - If you can turn down jobs at the moment, that's what we would suggest that you do based on the risk and based on the client
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in February 2023.
Ever wondered how to build a highly profitable career in construction? In this podcast, we reveal the secrets that can help you succeed and earn big. Listen up!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
We have done over 6,000 contract reviews and helped over 300 Construction Contractors, Subcontractors, and Suppliers across the USA, Australia, Canada, New Zealand, UK & Ireland manage over $20 billion worth of contracts.
Want to IMPROVE your contract terms for FREE? Go here: https://hubs.ly/Q02Q4r6W0
Want to BOOST your profit margins up to 15%? Go here: https://quantumcs.co/YtO3SimpleChanges
Want us to MANAGE your contracts for you? Go here: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(2:02) - The man who built Galway
(4: 11) - Do I wanna go client-side or contractor-side?
(6:17) - On the client's side, you're typically in one project for a long period of time
(8:01) - A project manager who understands the contract, who understands the commercial side of it - that's what's powerful
(10:55) - If you want to start your own business, it's almost a no-brainer that you wanna go contractor
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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In construction, it's not just the job that counts—it's the connections you create. Uncover how building the right relationships can elevate your success. Tune in now!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtOVSL3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:49) - Corporate governance used to be a thing for only huge companies
(2:44) - Even though relationships are still important if you haven't done the contractual stuff, there's nothing you can do
(3:17) - While relationships are important, they've changed a lot in that you have to be contractual
(5:01) - The best way to save money is to figure out which companies haven't been contractually compliant and essentially not paid them
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in February 2023.
Worried about ending up in contractual hot water? Understand how a contracts administrator can keep your projects safe and sound. Listen for an in-depth look at their vital role!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtO3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:43) - Construction is essentially two parts
(3:34) - The best and biggest construction companies have contract teams for a reason
(5:11) - They are expecting you to negotiate
(6:58) - Start professional. They'll think these guys are commercially savvy, they're very good
(7:21) - If you're in a dispute, it's a race to see who loses the least amount of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Avoid the costly fallout of contract terminations! We’re breaking down the biggest mistakes and how to steer clear of them. Catch this episode for essential insights!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtOVSL3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:05) - The main thing to consider is when you get into a contract in any agreement in life, really, is you've got to figure out if this goes badly, what is the worst case scenario?
(2:26) - Termination for convenience, which is essentially they can terminate you for whatever reason they want
(4:05) - Termination for default is pretty fair
(4:45) - In most countries, in most states, at law, you can get out of a contract if they don't pay for you. But that's outside of the contract
(6:48) - When you get into any sort of agreement in life or in a contract, you need to be able to understand the escape hatch
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in February 2023.
Cash flow is king in construction. But did you know that there are four secrets to increasing it? Listen to find out!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtO3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:23) - Cashflow is one of the biggest reasons why construction companies go out of business
(3:15) - The first thing you need to look at is the payment terms
(4:40) - They ask you to notify them within 1-2 business days if there's a delay or if there's a change on-site
(5:52) - You want to make sure that you're getting paid
(6:49) - There may be an option to submit an alternative tender
(8:25) - You can make your margin back, the 5% that you lost, in post-award easily
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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One clause could spell disaster for your construction business. Join us as we reveal how to spot and avoid this hidden risk before it costs you big. Tune in!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtO3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:31) - What is this crucial clause in your contract that could make or break your business?
(2:15) - An unexpected claim for loss of profits can wipe out your gains completely
(3:15) - 65% of construction companies have faced unexpected claims for consequential damages, with the average claim amounting to over $500,000
(4:00) - Consequential damages can lead to claims that far exceed the value of the original contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in January 2023.
Construction disputes causing headaches? Listen for expert advice on resolving conflicts effectively. Hit play now!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtO3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:43) - What you need to know about a dispute is that they are extremely expensive
(3:09) - Is your car worth the same amount of money because it's crashed now?
(4:10) - If you're in a dispute, the chances of you getting all your money back are so slim
(5:44) - It's taking money from you and it's taking attention
(6:52) - Avoid it before it becomes a problem, if it becomes a problem, be willing to negotiate
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
Tired of late payments in construction? Listen to our expert tips on getting paid promptly for every project. Streamline your payment process and enhance your cash flow now!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtO3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:31) - Setting clear payment terms is crucial
(2:12) - Be clear and specific, state when the invoices will be sent, when payments are due, and the penalties for late payments
(3:40) - Training your clients to pay on time is an ongoing process
(4:04) - Delayed payments can threaten your business’ survival
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in January 2023.
Dreaming of that promotion? Discover a game-changing tip you can start using right now to fast-track your construction career. Tune in!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtO3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:25) - It's very hard to find really good project managers
(3:17) - Every now and then you get a project manager who is one or the other
(5:25) - You gotta encourage your PMs to understand how the contractual side is
(6:11) - If you're very good on-site and you're commercial then you'll get promoted out of being a PM
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Explore the secrets of top construction companies! Find out what they don't want you to know about business success. Don’t miss out – hit play!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtO3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:12) Delivering on your promise is one of four different departments that should be in your business
(2:20) - Because you're signing high-risk contracts, eventually one is going to go bang and you're going to go bang, and then, game over
(3:18) - Why are we delivering a world-class experience?
(4:27) - The way we view operations is the reason it exists is to keep marketing, sales, and delivery in order
(6:21) - If you want to be charging more money, you really kind of want to be getting away from tendering and bidding
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in January 2023.
Find the ONE thing you need to be more successful in construction. Listen now!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtOVSL3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(1:25) - We did an analysis of all our clients
(3:01) - The thing that has kept the most successful people in business is that they do one thing
(5:16) - Charge more for your services because you're better at it
(6:34) - The next level of the construction business is actually don't change
(8:01) - A family business doesn't make a decision based on now and this quarter
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Deeds and guarantees can be a minefield in construction contracts. Learn the crucial details and avoid potential pitfalls with our expert advice. Tune in now!
Our “Quantum Contract Advantage System” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/YtOVSL3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/YtOCal3SimpleChanges
Timestamps:
(0:26) - Director's Guarantee is taking personal liability before something going wrong
(0:54) - A lot of times they want a parent company to guarantee that you will complete the work
(1:30) - You can actually negotiate security out of the contract, which will increase your cashflow
(2:26) - When there's a deed in the contract that they want you to sign, they're asking you to take on additional risk
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in January 2023.
The back end of the contract (excuse the pun) is when squeaky bum time kicks in. Listen in as we dive deeper into this critical phase.
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:33) - Squeaky Bum time, the most important part of a foodball game
(2:52) - The best way to tackle a problem is to flip it around
(5:54) - Properly negotiate the terms and conditions of your contract
(6:20) - Submit your variations and change orders all the way through
(7:08) - You don't even get into a dispute
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Transform conflicts into chances for growth! Tune in for expert advice on managing disputes and ensuring project profitability. Click play and grow your success!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk.
Ready to Earn More from Every Contract? Find out how to protect yourself from larger companies taking advantage and start boosting your profits by 15%. Click here to discover the 3 simple changes in your contracts that make a big difference: https://quantumcs.co/LI3SimpleChanges
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/LI3simplechangescall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:45) - The real problem when it comes to contract management is there's so much misinformation out there
(2:55) - Too often, the default next step is straight to court or arbitration, which can be prohibitively expensive
(3:54) - Before signing any contract, review the dispute resolution clause, make sure there's an escalation process in place
(5:51) - Inform your client that delays in approval are hurting your cash flow and your ability to commit to future changes
(6:57) - Get in front of the decision-makers, present your case clearly, and be willing to compromise
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in January 2023.
Pushed to start a variation without finalizing costs? Tune in for essential advice on how to handle this situation.
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/get_report
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/book_acall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:44) - 26% of all insolvencies come from the construction industry
(5:48) - Before signing a contract, check the variation clause
(6:23) - You mustn't proceed with a variation until a variation is approved
(7:26) - Make sure your whole team knows that you don't start work without a signed variation
(8:18) - This is my opinion on what you could do
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Struggling with cash flow? Learn 6 expert tips to maintain financial stability in your construction projects. Press play and master your cash flow now!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/get_report
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/book_acall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:24) - What most companies do is they get work from any client, but the problem is the client themselves are struggling for work themselves
(2:29) - The real key here is to ensure you negotiate hard on the moneymaker clauses in the contract
(3:29) - Be the contractor that they can depend on and not just meet expectations, but exceed expectations
(4:47) - Keep the dialogue frequent and focused and ensure that all decision makers are engaged moving forward until we get the agreement finalized
(5:24) - It's not just about winning bids, it's about making long term profitable relationships, project after project
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in January 2023.
Maximize your construction earnings with a single, powerful trick. Join us in this podcast as we reveal how to enhance your project profitability. Hit play to start earning more!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/get_report
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/book_acall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:33) - You need to deliver contractually, that's where the money is
(4:07) - If you wanted to reduce your risk, as much as possible submit a notice of delay
(5:20) - You'll make so much more money if you submit your notices
(7:47) - Make it look like a memo, not a letter
(8:01) - You're covering your risks because you're getting your notices in
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Take control of your construction contracts! We share essential tips to manage contracts, cut risks, and maximize profits. Click to listen and master contract management!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:55) - Contract management is not just a necessity, but a game changer in a construction industry
(3:02) - Three critical things that Illustrate the transformative power for being proactive with your contracts
(3:59) - The terms you agree to today will dictate your business reality in the future
(5:00) - Professional respect is earned through smart contracting
(6:36) - Effective contract management is about more than avoiding problems
(7:16) - Knowing the contracts inside and out, you become a reliable and trusted partner on every project
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in December 2022.
Project managers, take note! We're diving into top tips that can transform your construction management skills. Tune in to learn more!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:25) - Novice construction companies will always really focus on doing an amazing job
(3:55) - If you only focus on construction, you forget about the money side of things
(4:29) - You need to be the type of person that can deliver onsite, deliver everything from a construction point of view, but also deliver contractually and commercially
(6:38) - The people that can bring in the money is who gets promoted
(7:28) - If you want to move up in the construction industry, you got to get good at the contract things, because that's what brings the money in the door
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Say goodbye to financial instability! Tune in to learn the essential tips for a healthier bottom line. Don’t miss out — hit play!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(3:43) - What machinery and systems are you making money on right now? How can you boost their efficiency?
(4:39) - Real growth happens when you do step back off the tools and start leading
(5:20) - Leaders need to work on the non-urgent, but really important stuff
(6:44) - Stepping back from the day-to-day task isn't just about delegation, it's about proper handover period with systems and training
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in December 2022.
Make your cash work for you in construction! Find out why managing cash flow is key to business success and how to do it right. Dive into our podcast!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:40) - Why is cashflow such an issue?
(3:29) - The end of month is something you need to be careful of
(5:17) - If you've been asked to do additional work and if you don't notify them, you're not going to get paid for it
(7:02) - Instead of security of having a retainer, a retention, you can go bank guarantee or surety bond
(8:30) - From a contracts management point of view, we are preparing ourselves contractually for that last quarter
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Unlock the power of smart contracting with insights from a billion-dollar construction company! Tune in for the inside scoop and start applying these strategies to your business today.
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:19) - How to win bids, not by being the cheapest, but by being the smartest
(4:18) - Smart contract negotiation isn't a tactic, but your first line of defense against uncertainty and scrutiny
(6:01) - The strategy was bid low enough to win the project, win the job, but have favorable terms set up for changes and delays
(7:21) - The margin really is in the post-award phase
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in December 2022.
Level up your construction game with this simple strategy! Tune in now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:06) - The best construction companies there that are out there do one thing and that's it
(4:18) - The biggest companies are family-run companies, private companies that have been in business for a long, long period of time
(5:46) - Problems of bigger companies are different
(7:00) - It is worth getting paid upfront and giving a discount on the overall price if they pay you upfront
(7:35) - It's not just a family business, it's that they make long-term decisions
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You sho25uld seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
Looking to handle construction changes faster? Tune in for five critical steps to streamline your processes and save time. Press play and transform your approach!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:41) - Negotiate better terms and have shorter approval times
(3:13) - What to do before you sign a contract
(4:49) - When you're next at the negotiation table, push for more time on those change orders
(5:37) - Submit changes quickly and efficiently. Speed can make or break your cash flow
(6:07) - Optimize your dispute resolution clause in the contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
This episode is a re-run. It was originally published in December 2022.
Don’t fall for costly contractor tricks! Uncover the tactics used by the big players and protect your bottom line. Listen up!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:44) - This little trick or this little problem that your client oftentimes puts into your contract can really end up costing you
(2:35) - Whatever state you're in, you need to make sure that if there is a dispute, where does it get resolved?
(5:55) - You want to have the dispute clause to have an intermediate step that compels their senior management to sit down and have a meeting
(7:42) - When you get into dispute, their biggest tool against you is restricting your cash flow, is not paying you, withholding cash
(8:49) - Make sure the applicable law is a state that you're in
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
Facebook | LinkedIn | YouTube | Instagram | TikTok | Twitter
Stop struggling with cash flow issues! Tune in for easy-to-follow steps to boost your construction business's cash flow in just one month. Hit play now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:29) - How to shorten your payment terms effectively. Instead of waiting 60 days, your money arrives in 30 days
(3:52) - It's also worth the trade to take a couple of percent off the total contract value to get the upfront payment
(6:48) - Fast-tracking approvals for changes means less downtime for you and more progress, and much better cash flow
(7:30) - Time saved is money earned for both you and for them
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in December 2022.
Want to grow your construction business? Learn how enhancing your clients' reputations can lead to your own success. Tune in to discover strategies that make your clients stand out and boost your business!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:46) - They think that every construction subcontractor or contractor is out to rip them off
(3:34) - Who do I like working with and who do I not like working with?
(6:00) - You're giving them a reputation that they're great with their payments
(7:16) - You want to make him look as good as possible and give him the confidence that he can make that call to help you, to help him look good
(8:49) - If you give them a bad reputation, you are this type of person
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Is your construction business leveraging the latest tech advancements? Discover three game-changing technologies that can boost your efficiency and profitability. Tune in to our podcast now and stay ahead of the curve!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:30) - This isn't about overhauling your entire operation overnight, it's about strategic upgrades that can make significant impacts
(3:32) - First powerhouse tool, drone technology
(4:47) - Projects using specialized software see a 30 percent faster delivery rate
(6:41) - While these tech tools are revolutionary, the real game-changer is how you handle your contracts
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in December 2022.
Learn the art of crafting impactful letters for your construction projects. Get practical techniques to draft letters that address issues promptly, maintain transparency, and protect your rights as a contractor. Don't let communication barriers hinder your success – hit play!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:47) - What problem are we solving when we're writing a contractual letter?
(3:20) - What we're actually also doing is we're setting ourselves up for success if it ever goes to arbitration
(6:29) - When you're writing a letter, first of all, it just needs to be factual
(8:22) - The last bit of the letter is a call to action
(9:41) - Always remember to yourself that if you get into dispute, it's a race to see who loses the least amount of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Cut costs, boost profits! Learn how your construction office might be draining your funds and what you can do to stop it. Tune in to our new video episode!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:55) - So many construction companies have these beautiful offices, which are almost entirely, there's almost no point to them
(3:11) - People actually get more work done provided that they're managed well
(4:53) - You can reduce the cost of getting the work done, having external teams to do things that are not your core focus
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in December 2022.
Unlock the power of a single contract clause to shield your business from the rising tide of inflation. Dive into how this strategic move can protect your bottom line and ensure your projects stay profitable, regardless of economic fluctuations. Ready to future-proof your construction business? Hit play and stay one step ahead!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:44) - The rise and fall and escalation is essentially increasing of the rates that you've agreed in your contract because of outside forces
(4:20) - If you've agreed a rates based contract, every bit of work that you do, you are going to be losing 25, 30%, every bit of work that you do
(6:50) - How often are we going to increase the rates?
(9:52) - When are we going to increase the rates?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Turn the tide against bankruptcy and don’t let it end your business! Find out how to negotiate your way through financial troubles. Tune in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:54) - More often than not, the contract allows for various different things that you can do, but sometimes the contract just doesn't work
(3:51) - When you're trying to figure out a problem, there's three sides to the story
(4:42) - One of the key things I've found in negotiations for our clients is using the word cashflow
(5:56) - If you can position yourself contractually well, you're going to do fantastic
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
Find out the critical reasons why Tier 2 construction firms must steer clear of the head contract trap. Delve into the complexities of this arrangement, understand its potential consequences, and learn strategic maneuvers to protect your interests and maintain control over your projects. Don't let contractual entanglements dictate your fate – listen now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:51) - The principal is not your client
(5:29) - What are the problems that we're trying to solve?
(6:13) - Your change order won't be approved unless it's been approved by the principal
(8:44) - Don't tie your defects liability period to the head contract PC date
(9:13) - There are different six ways that you can be tied into the head contract and what are we going to do about it
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Staying afloat in construction is tough. Find out why many don't make it and learn how you can survive. Tune in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:16) - The contract space is the only place in the construction industry where you can instantly add hundreds of thousands even multiples of millions to the P&L on every project
(6:10) - Who am I and how do I know this?
(13:51) - I found out that they had invested millions and millions of dollars into their contracts people processes and systems
(17:08) - The Quantum Contract Advantage
(22:31) - All you have to do is send us your contracts when they come in, let us know about any changes or delays as and when they happen, and we'll take it from there
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
Discover how protecting your IP assets could be the key to securing your competitive edge in the industry. Press play to stay informed and empowered!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:35) - What is intellectual property IP?
(3:56) - Background IP, this is [the] IP that you're bringing into a project
(5:57) - The problem that we're trying to solve essentially is who owns what, who owns the background IP, who owns the IP generated
(7:37) - If you're bringing in this intellectual property that gives you a competitive advantage and you're agreeing to hand it over, then that's not good
(9:23) - You need to establish if the IP is a concern
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn the steps to making your construction business irresistible to buyers. Find out what buyers are searching for and how to make your company stand out. Get started today – listen now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:17) - What are the things that construction companies don't work on that If they worked on, it would make their business far more sellable
(3:07) - Even though you're prepared to sell, you don't have to sell
(4:24) - We want to be prepared for sale to get the highest value exit when it happens
(5:42) - When you're trying to build a bigger business, they want to see a business that runs without you
(6:28) - Are my staff going to be looked after? Are they going to keep the people?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
Join us as we explore the nuanced concept of proportional liability in construction, specifically tailored for tier 2 contractors. Tune in for expert analysis and actionable advice to reshape your risk management strategies effectively!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:57) - How does a law come about and where does your contract sit in relation to the law?
(4:31) - If something goes wrong on a construction project, you're only liable to pay for your contribution to what went wrong
(5:13) - In the Civil Liabilities Act, it says that you need proportion to blame fairly
(7:14) - Am I in a state that allows contracting out?
(8:49) - You need to make a commercial decision if it works in your favor or not
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Uncover the hidden truths about contract termination for construction contractors and its consequences. Gain valuable insights and practical advice for navigating termination situations with confidence. Tune in now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:24) - Termination is one of the company ender clauses in a contract
(2:16) - If they breach the contract or if they default on the contract, what happens then?
(3:28) - Termination for convenienc
(5:10) - It's all about how much money do I lose? Am I going to be compensated for demobilizing? Is that going to be fair?
(7:55) - They have to demonstrate that you have defaulted
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
Not sure what to do when you’re asked to sign guarantees and deeds in your construction contract? Listen now and get all the answers you need!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:10) - We need to understand the difference between guarantees and deeds
(4:03) - If you're the parent company and you're trying to isolate your own risk, you're almost wanting to isolate yourself from that risk
(5:23) - I hate director's guarantees
(6:08) - Deeds are, it's a special type of prompts or commitment that indicates the most serious solemn indication that the executing party tends to do what they have promised
(7:59) - Director's guarantee, parent company guarantee, guarantees in general, and deeds are all telling you to take on more risk
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Explore the truth behind the construction industry's primary challenge and its effects on various projects. Learn effective tactics to navigate through this complex scenario successfully. Are you ready to face this critical issue head-on? Hit play and listen in now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:32) - The biggest problem everyone's talking about is I can't get enough people
(2:15) - Why is there a lack of skilled people?
(3:23) - There is a lot of suicide in construction
(5:17) - Construction was typically done by immigrants
(6:19) - The white collar workers are going to become less and less valuable because AI is going to be able to do a lot of that work
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in November 2022.
Arm yourself with the essential knowledge to handle client insolvency on construction projects like a seasoned professional. Discover valuable tips and best practices that can help you protect your project and secure your financial interests. Don't wait until it's too late – listen in to protect your bottom line!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:20) - There's an inability to be able to resource a project and there's an inability to be able to get materials
(3:51) - Everyone's struggling for resources. No people anywhere
(5:59) - In fact, the more work you do, the more money you could end up losing
(6:35) - How do we keep our cash flow alive? How do we make sure that we get paid?
(8:58) - Basically you want to kill them with paperwork
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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New construction contractors, listen up! Gain valuable tips and strategies to navigate the competitive world of construction. Start your journey on the right foot – press play and learn how!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:09) - You want to master your own little puddle, then expand to the pond, and then to the lake
(2:56) - You've got to eat some dirt
(4:27) - Buy back your time
(5:59) - Understand where you have the most value in your business
(8:23) - How do you move away from competitive bidding?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in November 2022.
Uncover the secrets of effective risk reduction in construction projects and level up your project management game. Dive into practical strategies to minimize uncertainty and maximize profitability. Tune in to learn how to protect your project from start to finish!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:05) - When we're talking about risk, we're talking about whose responsibility it is to look after
(2:44) - When the title transfers from one person to the other, that's the transfer of ownership
(4:06) - They want the title to transfer to them on delivery
(5:33) - You want to take ownership of when you've been paid in full
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Get ready to explore the ins and outs of running a construction business! In this podcast, we discuss 10 essential questions that subcontractors and entrepreneurs often face in the building industry. Eager to learn insider tips? Press play and start listening!
Here's the link for FREE training.
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:14) - What kind of training and certifications do you need to start your own construction company?
(2:45) - What type of insurance cover or guarantee should I be taking out on my company?
(5:42) - What would you say is the best sector to specialize in so that it doesn't happen to my business in a couple of months?
(7:52) - When signing onto a project, what is an acceptable timeline of the project? What is the industry standard?
(13:08) - How do I keep my IP to myself when I sign a new contract?
(15:05) - Should my price be fixed price or an estimate, which option would give me the upper hand?
(18:14) - Are there any courses you could recommend to my team and I can learn about clauses and contracts?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Want to find out how to land big construction contracts? Tune in to this episode where we reveal the secrets to landing high-value projects and expanding your portfolio. Press play!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:16) Ideally you want to get a video case study
(2:35) - You might need to take a bit of a haircut to win the work
(4:10) - One thing that is really, really powerful is videos build trust
(5:06) - How do we sell and market to these guys so that they give us larger projects?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in November 2022.
Struggling to get compensated for project delays? Listen in as we share the secrets to getting paid for those unexpected setbacks. Time to turn delays into dollars – listen here!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:01) - Extension of time is the mechanism within the contract that you can actually extend the PC date
(4:31) - 2 different definitions of delay. An excusable, compensable delay, or one that is not compensable
(7:02) - This is one of the big four delays and we need to figure out who's going to pay for what and what's included
(8:02) - The most difficult one is document inaccuracies or discrepancies
(9:55) - What's called a critical path, something that is absolutely necessary to make sure that happens in a specific order
(12:15) - The best term is to just want to get paid actual demonstrated costs
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Explore the nuances of Construction Contract Administration! Join us in this episode as we reveal essential strategies for flawless contract management, giving you the edge over your competition. Elevate your skills in contract administration to unprecedented heights – don't miss out, tune in today!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:26) - One of the key things that you have to remember as a contracts administrator is it's not about. pushing paper from A to B
(3:19) - Lawyers understand everything in the clauses for sure, of course they do, and they understand the risks, but they don't understand how it actually plays out on site
(5:34) - The biggest problem in construction is doing work for free
(7:10) - How do you be contractual without being aggressive? How do you do it in such a way is that they don't think you're combative?
(8:15) - Contracts administrators are not paper pushers. They're switched on commercially
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in November 2022.
Ready to boost your project's profitability? Tune in now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:28) - What is often referred to in a contract as unfixed materials
(4:54) - What is the problem we're trying to solve?
(5:51) - You can't cashflow the rest of your project. It's a real struggle
(6:39) - You might want to have two different rates
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Discover the hidden risk that lurks beneath the surface of your construction business. Don't let this unseen threat undermine your hard work – listen in to protect your business and secure your profits!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:08) - The thing about this is contracts typically are not really designed to be fair
(3:06) - What they do is if they can push the risk, if they can have you finance the project on their behalf, their cashflow is a lot better
(4:38) - What actually happens is they use the standard form contract, and then they amend that contract and then give you that contract
(5:40) - They can manipulate time bars
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Explore the ins and outs of Construction Contract Administration with our expert guidance! We give actionable strategies for successful contract management so that you can take your business to the new heights. Ready to take your contract admin skills to the next level? Hit play and let's dive in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:34) - Most contract administrators don't understand each of the terms of the contract
(3:28) - What we want to have is an additional pricing schedule that you're going to have just for changes and just for delays
(4:51) - The biggest problem in construction is doing work for free
(5:52) - The GROW Process
(6:27) - How do you be contractual without being aggressive?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
Looking to learn the art of contract exits? This podcast episode has got you covered! We talk about the strategic approaches to finding your way out of hostile construction contracts. Listen up!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:51) - How terminations can impact you and practical steps that you can take to ensure you've got a way out and to limit your downside
(4:03) - Termination by frustration is when you cannot finish the contract
(5:41) - What happens is the tier one, in order to remove some of the risk from himself, will push the risk down onto the tier twos
(10:58) - Cash flow is really negotiation
(12:24) - We need to negotiate what happens if you get terminated
(15:44) - The biggest advice that we can give you is the squeaky wheel gets the oil
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Warning: your construction company is only at all times one big mistake away from going bust. Learn about the factors that could potentially end your company and the proactive measures to avoid them. Make sure you're in business for the long run – listen now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:44) - What is the problem in construction and why do so many construction companies end up going out of business?
(3:16) - Most people lost a lot of money if they were locked into contracts
(4:20) - How do we make sure that one false step isn't going to put us out of business?
(5:41) - If you're not playing the contracts game, you're going to lose
(6:28) - Construction is a game about longevity
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Navigate the roadmap to launching your construction company with confidence in this latest episode. Gain valuable insights and strategies to overcome the challenges and pitfalls of starting a new business. Hit play now and start building your dream construction company today!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:55) - How are you going to set up the business?
(3:40) - Years ago when I was in the Middle East, I worked for a company called Maersk Oil
(6:38) - Get away from bidding, you'll make a lot more money
(7:20) - What you want to be emphasizing all of the time is not price
(9:05) - The post-award phase is where a lot of the money is made
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
If not stated, then it’s unlimited! In this episode, discover the power of mastering the limitation of liability in construction contracts. Learn how to navigate this crucial aspect to protect your business and minimize risks effectively. Listen up!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:21) - How can you take that term in the contract to reduce your risk so that you can stay in business over the long term?
(3:54) - We need to understand a concept called loss or damages
(5:36) - It's more important to just understand that loss of damages is basically you've done something you've caused pain to your client
(6:26) - Limit the things that you're responsible for if things go wrong
(8:33) - They can't come after you for everything, but with no limit, they have scope to do that
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Weather economic storms and overcome industry hurdles! Drive profitability and shield your construction business against potential pitfalls. How? Listen up!🔊
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:33) - The average margin is 5 to 15% and that typically in other industries would be considered a pretty low margin for a business to stay alive
(2:22) - If cash is king, then cash flow is the empire that sustains its realm essentially
(3:32) - If you've got low margins, one of the things that we see is that your relationship game is very poor
(6:03) - The best business models that you can have, or the ultimate best business model is insurance companies
(7:48) - When you do negotiate, it makes a massive difference to your risk profile
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Contract Experts: The New Titans of Construction Contracts. Get a fresh perspective on how they are revolutionizing the game. It's time to take your business to the next level with their groundbreaking insights. Are you prepared to transform your approach? Tune in now.
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:30) - 5 to 15% of margin is won or lost on every project via the contracts
(2:26) - A lot of people think that risk is part of construction
(3:22) - Most lawyers don't actually understand what's happening on a construction site
(4:20) - The contract administrators can just take care of the paperwork and the contract strategy to make sure that you're getting paid
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
Level up your negotiation game in construction contracts. Hit Play for negotiation tips that can determine the success of your projects!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:27) - There are really three different times when you get a contract to be signed or to negotiate
(2:57) - The tool really for negotiating is called a commercial departure or a commercial clarification document
(6:41) - They go to you with their harshest contract
(9:55) - Those terms and conditions that they ask you to sign may have things that you have not priced in
(11:09) - When you're tendering, make sure that you do all of your commercial negotiation at the front end
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Want to learn the insider secrets that top construction contractors live by? Join us as we uncover viral contractor tweets that are changing the game. Listen now!🔊
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:12) - In real construction businesses, you don't have venture capital money and you need to rely on actual cash flow. Volume is vanity and profit is sanity
(3:02) - The smaller the ego, the bigger the bank account
(5:30) - In the last quarter, 40% of construction companies have negative cash flow
(7:53) - New leaders want to know the tricks and tactics to implement. A leader wants to know strategy and advanced leaders want to know concepts
(9:14) - Hire well and manage little and so how do you do that in your business?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Searching for the ultimate guide to profitability in construction? Look no further! Tune in as we share the insights that will simplify your journey. Don’t miss out!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:17) - From a subcontracting point of view, what are you optimizing for?
(3:15) - How do you stay in business for a long period of time?
(4:42) - How do you limit the downside?
(5:26) - The best games in life can't be won, only played
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in November 2022.
Most of the time, the client won't approve your change order for ages, for a long time, and that kills your cash flow. How to prevent this from happening? Tune in to find out!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:46) - In the States, it's predominantly change order. The rest of the world, it's variation. It depends on the contract
(3:11) - What is a change order?
(6:33) - You can also submit a notice of dispute against their rejection
(7:59) - When you do the variations, then you can get really aggressively negotiated down, and that hurts your margin
(9:06) - Sometimes a contract will ask you to specify what your profit and overhead is going to be
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Tired of watching the same construction giants dominate the market? Find out what they're doing differently and how you can level the playing field for your business in this compelling podcast episode. Revolutionize your approach to success – listen now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:24) - Why is it these companies managed to last so long while seven out of 10 of the average construction companies go out of business within 10 years?
(2:21) - The more expensive you make it, the more people want it
(3:18) - The problem is most construction companies sit in no man's land
(4:25) - If you have a bad reputation, you're not going to get work from people
(6:01) - They understand the importance of negotiating their contract upfront to lower the risk and improve the terms so they can actually make more margin
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Think negotiation isn't for you? Think again! Uncover the true value of negotiation and why it is an essential practice in construction. Tune in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(0:39) - People that finish towards the end are the people that are more disputes and you'll find
(1:06) - If you don't negotiate better terms up front, you're absolutely going to put yourself at a disadvantage
(2:34) - They give you their worst contract
(3:56) - Ultimately it’s going to reduce your risk which is going to help you stay in business over the long term
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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What's hidden behind time bars in construction? Find out in our podcast, where we reveal the lesser-known aspects that can impact project timelines. Tune in to stay ahead of the curve and gain a deeper understanding of this critical construction element.
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:35) - Contract is king and time bars that bite
(3:41) - They captured delays and they captured costs as their project was going on so they could forecast their costs and completion dates more accurately
(4:53) - In construction, they try and make those time bars super, super small
(8:33) - When we're looking in a contract to negotiate a contract, what we want to do is we want to find all the time bars and we're going to bump them up
(9:31) - Don't wait for lots of variations to come to submit it in one
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Hold off on that construction business launch until you've heard this podcast! Explore the crucial aspects and potential stumbling blocks that could influence your business’ success. Listen up!🔊
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:23) - Owners of construction companies live with the constant insecurity of going out of business
(2:14) - Embrace the fear, the negativity, the complaints. Let them serve to improve you as a person and your construction company
(3:14) - Is a construction business really worth the hassle?
(4:47) - Inversion thinking is about flipping the way you approach problems. It means looking at them from the reverse perspective
(6:13) - Great margins are where you make enough money to hire the best people, have the best equipment so you can deliver on the best outcome
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Find the perfect balance in your construction business! Get practical tips to steer clear of burnout and nurture personal growth. Witness the incredible difference these changes can make. Don't miss out!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:26) - It was a 12 hour a day for 28 days straight. There was no RDO
(4:35) - How much you want to work at what you're doing. Ah, that's the question
(5:03) - Why is work not fun? Like, why can't you have a situation where you want to work a lot?
(6:36) - Where was I spending all of my time?
(7:42) - The book that I recommend is it's by a guy called Dan Martell and the book is called Buy Back Your Time
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2022.
Why does Practical Completion hold the key to construction triumph? Discover the significance of this crucial milestone and gain insights into how it shapes the final stages of your construction projects. Listen now!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:34) - Practical completion also referred to as PC is the end date of the contracts
(2:10) - On the construction program, there's some things that if you delay, it's called it's on critical path, which pushes out the practical completion date
(3:18) - You have to get a practical completion certificate signed by you and signed by them to everyone has agreed that you are complete
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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How to build a great reputation in construction? Tune in to this podcast and position yourself as the go-to contractor for clients seeking excellence in their projects.
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:02) - You are not your business, you're not your net worth
(3:25) - Your clients don't think you are as good as you actually are
(4:29) - Client experience is defined as how customers perceive their interaction with your company
(5:01) - The perception is that you are the same as everyone else
(6:38) - If they're comfortable enough to give you a case study they're obviously really happy at what you do
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Get ready for a gripping story about a construction contract gone wrong. See the fallout of neglecting contracts and pick up must-know tips to avoid similar issues. This story is a game-changer for how you deal with contracts — tune in now!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:13) -They're coming to the end of the project towards the end of the project and the project manager that they were dealing with leaves
(3:46) - Even if you do a great job on-site, the contractual stuff really matters, even if their project manager tells you to not comply with the contract
(4:39) - Everything is more contractual, even smaller construction companies have corporate governance in place
(5:03) - The biggest and best construction companies have contracts teams for a reason
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2022.
Explore the concealed challenges within the construction industry, especially impacting subcontractors. In this episode, we reveal the hidden elephant in the room and understand why addressing it is essential. Listen up!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(3:08) - These guys are called tier-one construction contractors. In the States, it can be called general contractors
(3:45) - The goal of the tier one is to make money
(5:41) - What happens is the tier one, in order to remove some of the risk from himself, will push the risk down onto the tier twos
(6:22) - The tier twos typically haven't got the resources, the time, or the expertise to be able to deal with reviewing those contracts and negotiating
(7:31) - When you're actually looking at the contracts themselves, the company will be defined as the name of that tier one, and the contractor will be defined as the name of the tier two
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Get the gold in your construction career with Olympian strategies. Learn how to boost profits and excel as a subcontractor. Listen now and level up your contractual game!🔊
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:46) - The idea is that a perfect business delivers such a good product or service that no sales or marketing is necessary
(2:51) - Sir David Brailsford. Brailsford was head of British Cycling on the Olympics and Team Sky
(5:45) - Marginal gains has not only revitalized British cycling, but also set the standard of excellence in the world of professional cycling
(6:29) - The number one concept was be brilliant at the basics
(7:42) - if you can avoid the fancy and be obsessed with the basics, you are going to make a lot of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Eyes on the nominated subcontractors! Your construction project might be at risk! Find out the potential dangers and learn essential strategies to protect your project. Tune in now!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(0:07) - What is nominated subcontractor?
(1:46) - All of a sudden the labor from these nominated subcontractors can be pretty tough as well
(2:11) - You want to have all of the things that you've negotiated done with regards to the nominated contractor, just before you signed a contract
(2:50) - You need the information before you sign the contract because it could cost you an absolute ton of money
(3:06) - When you've got a nominated subcontractor, you've got to make sure that you understand the agreement that they're going to give to you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2022.
Construction contracts made clear! This podcast episode focuses on unraveling the mysteries of liquidated damages. Get the lowdown on what they mean and how they impact your projects. Listen in and level up your construction expertise!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(4:01) - You're entitled to get back how much money you've lost
(6:59) - Liquidated damages kicks in every day that you're late after the PC date
(7:39) - Now, what is the problem we're trying to solve? We don't want our clients to agree to an LD that is too high
(8:40) - The industry standard is about 1 percent of the contract value per day
(9:15) - We also want to make sure that LDs are the sole remedy for delay
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Struggling to push your construction business beyond $10M? Join us in this podcast as we reveal the challenges hindering your growth. Transform your growth strategy and propel your business towards remarkable success. Listen up!🔊
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:44) - Many people reach a point where they stop growing and they're growing stops, essentially
(3:40) - We get rewarded for the changes that we've made
(4:28) - The problem is you aren't adding volume to everything that you do
(4:48) - Do one thing and do one thing only and be fucking good at that one thing
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in October 2022.
Did you know that consequential damages are one of the most common company-enders in construction? Equip yourself with the essentials and safeguard your projects from potential risks. Listen here!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:55) - Liquidated damages are reimbursing the client for us being late
(3:43) - The company's loss of profit could be the end of the contractor's business
(4:44) - If you've asked to sign up for consequential damage or loss, it is a bad idea
(5:09) - The best companies in construction limit their downside risk as the main priority
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Guard your business against the impact of late payments! In this episode, we reveal the hidden weapon that equips construction businesses with strategies to navigate and conquer payment challenges. Listen up!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(0:50) - It's making sure that those little things matter and they affect big things
(1:30) - The price of fruit is like in the overall landscape of a business that costs nothing to them
(1:53) - If you are relentless when you're not paid on time, then you're going to train your client up to…
(2:18) - You're due to be paid when you're due to be paid
(3:27) - You need to be on top of that to make sure that you're paid
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in October 2022.
Construction excellence starts with defects mastery! From causes to resolutions, join us as we cover everything you need to know about defects liability in construction. Don’t miss out!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:28) - We got our practical completion certificate signed. Now, our 12 months defects liability period starts
(4:00) - What we need to be careful of is that whenever they fix something, it tagged on an additional 12 months onto the defects liability period
(4:55) - Sometimes the way that the contracts worded, it says the original defects liability period will apply to the rectification
(5:09) - We want to make sure that there is no re-warranty and rectification period
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Navigate the marketing landscape the smart way! Tune into this podcast episode for essential insights on marketing for construction contractors. Don't miss out – listen now!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:58) - Produce a piece of cornerstone content
(4:30) - What was previously called social media is a new form of media
(5:19) - All Facebook, Instagram, all of those other social media platforms have changed their algorithms to become interest-based
(7:18) - Direct response marketing is when you're shown an ad and you click on the ad and then you go and do something straight away
(8:31) - With the retargeting, you spend so much less because the ads are only going to that specific person or those specific people that land on your website
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in October 2022.
Secure your success! In this podcast episode, discover how contract negotiation safeguards your security on a construction project. Tune in!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:46) - Once the contract is awarded, we're going to have to provide security to a certain percentage
(3:13) - Normally the contract value or the contract price is defined in the contract as a defined term
(6:07) - Retention is they will withhold 10 percent of every invoice until they hit 5 or 10 percent of the contract value.
(7:40) - The less security they have to put up, the less it's going to cost them in cash flow
(8:30) - What is more important, cash flow or total cost?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Start the year strong! Tune in for an insider's guide to 4 powerful tips that will revolutionize your productivity and boost profitability in your construction business. Don’t miss out!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(0:59) - What's a great idea is to implement a book called Traction by Gino Wickman
(1:42) - One of the biggest things is using managed services to your advantage
(2:23) - Your contract should be your Bible
(3:27) - He implemented the responsibility chart. He outsourced his. Contracts and project management. So he could focus on training the supervisors
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2022.
Crack the code of construction tenders! Uncover the secrets to crafting winning proposals and securing your place in the competitive construction market. Tune in!
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:39) - So tender or bid document. This is basically the document that the company who wants the work completed issues to the market
(2:23) - There's the instructions to the tenderers, the bidders. This is a document. With four or five pages that list out exactly how they want to receive your bid
(4:26) - The IOA or the FOA that stands for the instrument of agreement or the form of agreement
(5:34) - The scope of work is basically a job description
(8:02) - The order of precedence lays out the importance of the document
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Contract terms that build fortunes! Uncover the four construction contract terms that have the potential to make you rich in the industry. Tune in to discover how these terms can transform your bottom line!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Our “Quantum Contract Advantage Service” is known industry-wide for taking construction contractors from being contractually vulnerable, losing money on project administration, and appearing amateur during bidding and negotiations to instead putting that process on auto-pilot so they can secure more contracts, with better terms, for more profit, all while reducing risk. Here's How: https://quantumcs.co/becomealegacysubcontractor
Important! Before you sign your next contract, read this report on Why Subcontractors Are Going Out Of Business. Download it now - it’s Free: https://quantumcs.co/LegacyFreeReport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(0:59) - In reality, what that means is if you don't comply with some of the obscure terms in the contract, they aren't paying you, end of story
(1:19) - It always helps with cash flow to ask for a prepayment
(2:09) - The time bars are killers
(2:30) - Two days is tough on a project where there's multiple people wearing multiple hats
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published in October 2022.
Don't let payment terms be a puzzle! Learn the strategies to mastering construction payment terms and elevate your financial game in the construction industry. Listen up!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:52) - Understand that the concept of how can we increase the client's cashflow [is] by negotiating better things into the contract
(4:02) - There's a difference between a payment application and an invoice. They're not the same things
(6:43) - We're looking at the whole length of the process. That's what we need to count
(8:24) - Longer payment terms means lower cashflow for them
(9:27) - We've got to remember that we want to apply interest onto late payments
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Lawyer-free negotiations? Absolutely! Join in this Part 2 with Frank & Bo of the Building Talk Podcast as we chat about why you don't always need lawyers in contract negotiations. Learn the skills that will empower you to negotiate contracts with confidence and success. Tune in!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(4:00) - In construction, it's all about the final quarter. All disputes, everything happens in that final quarter
(5:03) - If you're the guy with the paperwork doing the thing, chasing your money. You're going to get paid
(9:13) - It's all of the same stuff in construction, it's the same problems and the same problems have here's the clause to deal with that problem
(9:57) - You don't need to know all the different laws and all the different stuff because the contract itself will be specific on what you need to do
(13:32) - It is beautiful and it makes the society very nice when you have these kind of pillars of a beautiful building
(12:53) - If you don't know how to do work, be asked to do additional work, then do the paperwork to make sure that you get paid for that additional work
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Standard is not enough! This podcast episode unveils the secrets of why standard construction contracts should never be taken at face value. Here’s Part 1 of my interview with Frank & Bo of the Building Talk Podcast. Listen up!🔊
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(5:54) - Cash flow is king in construction. And if you have good cash flow, you can be a good business
(9:12) - It's a big project and they don't negotiate. It's a red flag
(11:02) - They just look like a standard contract. But a lot of these contracts are like stock standards
(13:47) - How do you know what to ask for? What to negotiate in that contract?
(20:13) - Our mission is to help these companies not go out of business, to take them from their knees to their feet as an industry and be able to push back
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in October 2022.
Terminate the termination risk! Learn how to shield yourself from unwarranted client terminations in construction. Listen now!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:44) - They knew we can't pay these guys, but they still got them to do work. They still got them to complete work
(2:30) - You're essentially financing the project for them
(4:37) - If you can negotiate some better things upfront, you're going to save yourself a ton of money
(5:52) - The problem we have here is you can't terminate them if they default in lots of contracts
(6:58) - You're asking for what's called reciprocal termination
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Myth-busting construction choices! Join us in this video podcast as we unravel the truths behind the self-run business versus career debate in construction. Get ready for a reality check that could reshape your professional journey in the industry!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(0:46) - What is skill stacking?
(1:25) - The problem most people do is they don't skill stack. They just double down on trying to get better
(2:49) - They need the potential to build their own company without massive risk
(2:58) - Construction and owning a construction company is a great way to make money and it just takes action
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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From blame to clarity: Discover who holds the responsibility for on-site mishaps and ensure your projects stand strong against potential risks! Listen now!🔊
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:21) - The term indemnification itself, It's a clause in the contract that's critical to your business's survival
(1:58) - Everyone has to deal with indemnity clauses, no matter how much responsibility they have
(3:22) - Indemnity clauses are not created equal
(4:05) - This is important because it's not only what keeps you safe, but also makes things fair for everybody involved
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Dive deep into the details and ensure you're 100% in the know before you sign your construction contracts! Tune in! 🔊
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:12) - You're going to negotiate on terms and price. You can negotiate on your contract
(3:56) - Security more often than not is going to be a bank guarantee. Or it's going to be retention. And sometimes it can be an insurance bond as well
(5:38) - If you don't complete the works before that PC [Practical Completion] date, you're going to get hit with potentially liquidated damages
(7:09) - When your contract talks about security, does your security increase based on your contract value increase, or does it remain on the original contract value?
(8:49) - The contract starts on the date you sign it and it ends at the end of the defects liability period
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Negotiate your way to construction success! Learn about the essential strategies and tactics that could fuel your projects to new heights in this Part 2 of my interview with Ron Nussbaum. Listen up!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:30) - They'll have their project manager on-site and as a side hustle to getting stuff done, on his day-to-day job, his side hustle is to do all the paperwork
(3:35) - In the contracts world, if you don't do that, then they don't pay you and they use it as a tool not to pay you to save money
(5:33) - How many people are following you rather than how many people are you managing
(11:35) - Do you help guys write their contract for when they submit bids or do you just review?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Behind every construction success is a subcontractor! Listen to discover the insider secrets of how these unsung heroes expertly steer projects toward success. Here's Part 1 of my interview with Ron Nussbaum of the Construction Champions Podcast.
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(4:01) - Sometimes you get a contract and half [of] it doesn't matter because half [of] it doesn't apply to you
(4:27) - What makes a construction champion?
(8:27) - How can we best support that with what you do with how just as an industry, how do we help those guys get to where they need to be?
(9:50) - What happens is you move from being in construction to being in the business of construction, and that's different
(11:50) - if you're a champion of construction, we want you to be making a bigger impact, helping more people
(12:53) - If you don't know how to do work, be asked to do additional work, then do the paperwork to make sure that you get paid for that additional work
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Construction companies on the brink: Tune in to uncover the three critical reasons construction companies are facing closure. Learn, adapt, and ensure your construction business stands strong against the odds!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:20) - 26% of all insolvencies or bankruptcies are coming from the construction industry
(2:35) - What is causing all of the insolvencies? Why is the construction industry having this particular issue at the moment?
(4:37) - Generally across the world, interest rates are going up
(5:47) - Most construction companies go out of business because of cashflow
(7:03) - We want to have a termination clause in the contract that allows you to terminate them if they don't pay you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Dive deep into the entire pre-construction process. Discover the essential steps that lay the foundation for your construction project's success in this podcast episode. Tune in!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(3:05) - They have no intention whatsoever of awarding the work. They just want to get a guide for the prices
(3:46) - How can we reduce our risk, reduce our costs by making sure that we sign the best possible contract we can sign?
(4:37) - Wherever you are on the construction hierarchy, if you're down the chain a little bit, the risk gets pushed down the chain
(6:38) - The general terms that you're signing up to payment terms, all of that sort of stuff is up for negotiation and also your price
(7:18) - You need to be really ruthless on checking that final contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Fair play down under! Australia bans unfair contract clauses, and we've got the scoop. Don’t miss out!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:14) - If a company presents a contract that has unfair terms, that company could now face a penalty
(2:22) - Starting November 9th, 2023, standard form contracts can't include unjust terms
(3:13) - If they're unfair, they're not void. They're illegal
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Bid boldly, bid wisely! Four crucial mistakes in construction bids REVEALED! Don't let these errors undermine your projects— listen now and bid with confidence! 🔊
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:08) - That's the game. They're giving you their worst possible contract knowing and expecting you to try to negotiate
(3:35) - You don't want to be a commodity. Instead, you could submit an alternative bid with different offers
(4:35) - You don't want to be in the selling of your services business. You want to be in the reorder business
(6:08) - The worst kind of construction business model is I'll do work today, you pay me in 90 days time
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Want to know some sneaky secrets in your contracts? Don’t miss this episode! Secure your cashflow!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find to out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:11) - If you don't negotiate these things, you're really putting your company at a disadvantage
(2:02) - It's all about the ways that they can terminate you, but you can't terminate them
(3:13) - If you mess up on the project or something really goes very wrong, they can come after you for way more than the contract value is worth
(4:48) - You never really want to agree to consequential damages, consequential loss
(6:08) - We're all about limiting the downside
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Bulletproof your construction projects with foolproof contracts! Find out how to navigate the minefield of construction contracts and ensure your deals are rock-solid against today's construction challenges. Tune in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want to find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:54) - You need to review every single contract because most contracts have the same difficult terms in them regardless of their size
(3:33) - If you're of the opinion that I can't negotiate, it isn't true
(3:55) - The worst thing I sometimes see is we see construction companies negotiate a great contract and then they don't comply with it
(5:49) - Better margin means that you can afford better equipment, you can afford better people, you can deliver a better project
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Contracts: the silent architects of success or strife? Ensure your construction contracts are a blueprint for safety, not surprises. Listen here! 🔊
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(3:53) - They didn't read the contract specifically. They just signed the terms and conditions of the contract
(4:16) - They would have highlighted a clause or a section in the contract that is called document discrepancies
(5:02) - Follow the dispute resolution clause in the contract
(5:21) - As soon as you get into a dispute in construction, it's a race to see who loses the least amount of money, including you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Contracts don't have to be the enemy of personal connections. Learn a simple trick to preserve your valuable relationships while safeguarding your business interests. Listen up!
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(2:04) - If you were to design a way to completely ruin a relationship on a project, you would start off the project. Being completely uncontractual
(3:30) - A really good way to do it instead is start off the contract
(5:06) - They know you've got all your paperwork in order. They choose somebody else. They don't come after you
(7:17) - You've got done all your contractual obligations. You can't be time barred
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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For new contractors entering the construction industry, these survival secrets are your key to a successful start. Discover how to establish yourself, handle challenging situations, and make your mark in this competitive business. Tune in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+!📣 We have created a FREE REPORT, packed with information gathered from over 4000 Contract Reviews. In this report you will find The 3 Things You Need To Negotiate In Every Contract. Click Here to find out how you can sign low-risk contracts, boost cash flow & improve your profit margin. https://quantumcs.co/downloadthereport
If you want find out more, book a 30-minute, no-obligation call with one of our contract experts: https://quantumcs.co/bookinthecall. Jump on a free strategy session to see how we can help you!
Timestamps:
(1:28) - If we don't want to do exactly what everyone else does what else can we do instead
(2:16) - No construction companies are doing digital marketing at all
(2:43) - When you're starting off, your reputation is all that matters
(4:11) - Most construction companies don't die from starvation or new projects
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Why settle for average contract negotiations when you can negotiate like a pro? In this podcast, we share the expert techniques and strategies that pros use to negotiate effectively while minimizing risks. If you're in the construction business, this is a must-listen. Here’s Part 2 of my recent interview with Paul Heming of the Own the Build Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:56) - This concept of liquidated damages, which is a pre-agreed amount of what it would cost if you delayed them
(7:13) - We want to cap the liquidated damages, which is the cost to reimburse the clients for them being late in construction
(9:34) - They're expecting you to negotiate. That's the game
(12:12) - Whatever that number is in the main contracts just gets lifted and shifted 100% into the subcontracts, even though the subcontract is 5% of the overall or ten or whatever
(15:06) - Your final account, your last couple of invoices, payment applications are where it all goes down
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Respect isn't just a nice-to-have in construction; it's a must-have. In this podcast, we explore why respect plays a vital role in the industry and how it can lead to more fruitful partnerships and projects. Don't underestimate its power. Here's Part 1 of my recent interview with Paul Heming, CEO of C-Link and host of the Own the Build Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:06) - Is that true about PWC, Deloitte, Ernst & Young going to these bigger companies and talking about if you want to be more successful, push the risk down the chain?
(7:10) - Why did you want to talk about the word respect?
(9:38) - Why is it you think there is something inside which makes contractors saying, I'd like to feel that I am considered easy to deal with? What is it that makes them feel like that?
(12:45) - How do you prepare for a meeting that I've just described which, you know, is going to be pretty savage?
(19:15) - You're trying to influence the outcome ultimately, and it's about being the reasonable man.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Uncover the secrets to outshine your competitors in this important conversation about contract administrators in construction. Don’t miss out!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:14) - Contract administrators are very important and it depends on where you are in the world where you live from
(3:53) - If you deliver on-site, you're going to get a good reputation for getting the work done and you're going to get referred work
(4:28) - A contracts administrator is someone who understands a contract inside out
(5:52) - What are the chances in the work that we're doing that something is going to happen in between, say, month 12 and month 24?
(11:18) - If you're looking to hire someone, make sure that they have the commercial acumen
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn about the money side of construction and watch your business grow! Tune in!
For more videos, subscribe to my youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:34) - What we actually want is to receive a lot of money upfront before we do any work
(2:38) - The worst case is you are the same as everybody else
(3:40) - A lot of construction companies don't do good marketing
(5:48) - If you're looking to be around for a long time, how likely is your current business model?
(6:37) - They've essentially used construction to change an entire economy
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Contracts often state unnecessary complexities, but fear not, as we're here to help you! Tune in!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:40) - While they are construction companies that have construction expertise, they're actually finance companies
(4:02) - It is in their best interest as a risk arbitrage to make the contracts down the way more aggressive than the one that they've signed
(5:40) - The construction industry has the highest insolvency rate out of any industry
(6:15) - Their goal is to push the risk down onto you
(7:51) - Even though it looks like a standard contract, it isn't necessarily going to be a standard contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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What is your business famous for? How do you establish your construction business in a way that it stands out from everyone else? Listen here and get all the valuable tips from my interview with Allan Dib! 🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:08) - It's content, but sometimes it can be an experience or sometimes it can be a tool
(2:14) - What's something that you're known or famous for within your target market that kind of acts as a magnet?
(4:41) - We want to demonstrate that we can help the prospect by actually helping them in advance
(5:07) - Goodwill translates to brand equity and translates to, you know, cash
(6:26) - That little arm of your business doesn't need to make lots of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Most individuals dedicate around 220 workdays annually, and while it might appear substantial, excessive unnecessary tasks and administrative chores call for a smarter approach. Discover essential tips to reclaim your time, ultimately preventing long-term financial losses in this episode. Listen up! 🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:27) - By signing a better contract at the end of the day, it reduces your downside
(2:08) - Lots of different ways in the contracts so that you can make more profit or lose less money
(4:24) - How much earning potential you have on a day
(5:09) - Your time is extremely valuable to you and your business
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Find out how to win big in construction even in today’s tough financial climate. Listen up!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:11) - Who are they? What type of revenue do they have? How many employees do they have? What type of company do they have?
(3:00) - The right type of clients are going to pay you more
(3:14) - If you get on top of this, you'll have an advantage on everyone. It doesn't even have to be expensive
(4:39) - You're just not competing with other people on price. You want to be offering different things
(6:34) - So many countries in the world are pushing towards green construction
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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AI meets drones: the incredible duo taking the construction world by storm! Get the inside scoop here!
AI in Construction Playlist: https://quantumcs.co/AIinConstruction
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:24) - In the case of disasters or big big issues drones can be used to locate and rescue injured workers
(4:07) - The biggest one is costs
(4:44) - With real-time accurate data you're going to be able to make a lot better more informed decisions
(5:29) - It's actually replacing quite a lot of jobs very very quickly
(6:11) - But they still have a step where they get a proper engineer to review that particular step in the process
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Do you believe that negotiating contracts in construction pushes projects away? Think again because in this podcast we are debunking this myth! Listen up! 🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:46) - I think if we try to negotiate our client is going to award us the work
(2:42) - The biggest construction companies, the most successful companies negotiate like absolute crazy
(4:03) - Do you think that works in your favor or against you? Do they think you're easier to deal with or are they thinking you don't really know what you're doing?
(5:25) - Limiting the downside is more important than looking for this huge upside
(5:58) - Everything can be negotiated
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Avoid the headache of late projects by listening to this podcast and taking control of your timelines! Listen now!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:24) - They award the contract typically to one large construction company
(2:34) - What happens in the situation where your subcontractor is late
(3:30) - A lot of times they'll blame their clients for not paying you
(5:12) - There's a relationship side of things and there's the contractual side of things
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Did you know that training your leaders is key to your business success? Listen in and discover how to train like a pro for unbeatable construction leadership! 💪 Here’s Part 2 of my interview with Ryan Castle.
For management training that sticks not only to your leaders but also to your business, visit thebreakthrough.co or connect with Ryan Castle directly on Linkedin.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:50) - How do we attract, hire and retain top talent?
(3:04) - Why do you think people are leaving your organization and moving to other organizations?
(6:23) - To be part of a high-performance organization, you need high-performance people at every level
(12:19) - Develop people continuously over time
(13:13) - Who in the organization is the best bang for buck to start training?
(14:39) - When you are trying to create a high performance, you really are trying to instill a cult – what we refer to as a culture of contribution
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Scale smarter, not harder, with this essential podcast on construction company growth! Get all the valuable insights in this episode with Ryan Castle, CEO of The Breakthrough.Co. Tune in!
For management training that sticks not only to your leaders but also to your business, visit thebreakthrough.co or connect with Ryan Castle directly on Linkedin.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(7:05) - Once you start scaling beyond that, you actually have to move away from being a doer into being a leader
(8:33) - What are the biggest mistakes that you see construction company leaders make?
(9:15) - How do I figure out whether I'm working in my business or on my business?
(10:09) - How might we expand our business into another state or another city or another country
(15:16) - How do you go about developing your people leaders, like helping them transition from being a great tradesperson into a good leader
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Contractual disputes can be stressful, but you don't have to tolerate being pushed around. Stop contractual bullying! 🛑 Tune in!
For more videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:18) - When you're on the client side, one of the things that you have to deal with all of the time is you have to take whatever the contractor gives you and turn it around
(2:19) - Sometimes you're overclaiming
(3:35) - Build up that body of evidence
(4:52) - How about we just go to a different contractor to recoup our money?
(5:08) - The only way you can get revenge is by being successful
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published in September 2022.
Before you ink that deal, think twice! This tip could save your construction project from becoming a nightmare. Listen up! 🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(00:45) - What is nominated subcontractor
(1:39) - What can happen though is you sign a contract and it says very briefly nothing. You know nothing about it
(3:02) - What do you need to do to get around this?
(3:54) - You need the information before you sign the contract because it could cost you an absolute ton of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Want to know the secret to earning trust in your construction business? Listen to this podcast with Allan Dib! 🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:38) - Give some proof along with claims that you make, and that will give them a lot more credence as well
(2:29) - There's this, it's what I call an awesomeness gap
(3:22) - People only buy based on your marketing. They don't buy based on using your product or service because by that time they've purchased already
(4:19) - How can we procedurize into our day to day work, getting reviews, getting testimonials from clients?
(6:19) - Have a few prompts where you can prompt them. So for example, why did you choose us over our competitors?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Join the discussion and discover the TRUTH about the challenges contractors face in the construction world! Listen up!👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:29) - It's a bit of an epidemic of construction companies going out of business
(3:51) - There's two things has been scarce
(5:48) - What the GCs and main contractors tend to do is they squeeze people's cashflow in order to make a deal
(6:07) - How do we keep our cashflow alive? How do we make sure that we get paid?
(8:01) - Basically, you want to kill them with paperwork
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Construction Project Managers! Want to upskill and get promoted? Tune in!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:48) - We have to realize that there are two parts to construction
(2:47) - You might want to be doing something much better, but the goal is to make a profit and to make money ultimately because it is a business
(3:24) - You need to be the type of person that can deliver onsite, deliver everything from a construction point of view, but also deliver contractually and commercially
(5:31) - The people who can bring in the money are who get promoted
(6:22) - If you want to move up in the construction industry, you got to get good at the contract things because that's what brings the money in the door
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published on August 2022.
Need to fast-track your construction project? Start by understanding these 3 critical items!📢
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:20) - Always remember these guys, the project manager that you're going to deal with, or whoever it is on their side are always going to look after their own behinds
(3:03) - Very simply don't sign a contract that says you'd accelerate for free
(3:27) - Are you asking me to accelerate because you're late? Or are you asking me to accelerate because the client wants to speed up the whole thing?
(4:45) - Understand who is paying for the acceleration before you start accelerating the works whatsoever
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Make your construction business stand out without putting that extra work! Listen to this podcast as Allan Dib reveals the secret sauce to marketing. Don’t miss out!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(00:59) - Another way I think of marketing is amplification, right? So how do we amplify our message?
(1:54) - Let's figure out a message that can really cut through within your target market that really resonates with your target market
(2:29) - Talk to us on volume and what that means and the difference between a single activity and daily activities
(4:04) - I work on high-impact marketing activities
(5:25) - You don't get strong by doing a thousand different movements
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Why does cashflow matter so much in construction? Get the answers here!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:37) - Ways that we can get ourselves into a better contractual position
(4:34) - You need to notify them if you’re delayed. You need to notify them if you’ve been asked to do additional work
(5:09) - Obviously, getting them to approve so quicker is going to help your cashflow
(6:24) - As much as possible, get pre-payments. Get paid upfront
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on August 2022.
Attention Civil Contractors: Make your work better and easier with these must-know tips!💡👷♂️ Tune in!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:18) - You want to make sure that you're either eliminating liquidated damages from the contract
(1:49) - The worst thing that you could do is sign really high LDs that are way more than 1 percent of the contract value
(3:56) - Make sure that there's no re-warranty period
(4:34) - The big issue that can happen and does happen all the time is you need to be prepared for the moment where you're late or whatever's happened or issues that happen
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Get wise about construction contracts and say goodbye to risks!⚠️ Here’s Part 2 of my interview with Kenny Myers in the Constructing Art Podcast. Don’t miss this!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:37) - The terms and conditions is something is another document in the contract that you need to be able to interpret
(5:44) - The key thing is it's not about starting a business it's about staying a business
(11:06) - A great strategy is to avoid disputes at all costs
(13:14) - How to not work with Quantum?
(18:16) - You got to have a longer-term perspective and understand that risk is silent
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Don't let cashflow issues ruin your construction projects! Here’s Part 1 of my interview with Kenny Myers of the Constructing Art Podcast. Tune in!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(6:21) - A lot of subcontractors are of the impression that if I try to negotiate I'm going to lose the work, and so they don't negotiate
(8:00) - Understanding what each clause in the contract means is very very important on how it impacts you
(13:13) - How can we structure our business as a high cashflow business?
(18:03) - When people pay more, they pay attention more, and they value your service more
(22:19) - The actual problem in that clause is a lot of times you don't have a way to terminate them
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Discover the secrets to setting your construction company apart from the competition and making it truly unique! Tune in to find out how.🎧
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:26) - How do you differentiate yourself to not be a commodity and not just have to compete on price alone?
(1:46) - Most of us, to some extent are selling a commodity
(2:03) - Often what people are really buying is not really the commodity
(3:44) - So speed, effort, time, and risk. Really, can you reduce the risk of doing business?
(4:14) - A lot of times it's about the things that are surrounding the core product
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on August 2022.
Uncover the reasons why signing so-called "standard" contracts might not be in your best interest. Whether it's an AIA, ASCE (US), JCT, NEC, FIDIC (UK), or AS (Australia) contract, they all share a common flaw that makes them questionable choices for your signature. Listen up!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:58) - If you get a contract, now what they've done is they've given the standard contract to a lawyer and they say change that contract so it looks the same
(4:06) - Standard contracts don't really exist anymore. If you get it, it's just a template that they've amended
(5:01) - If your risk is lower, then you're better, you're better off ultimately
(6:14) - If they haven't amended it, if they've amended it, it's pretty hostile and you need to be fully aware that it needs to be reviewed
(7:38) - If you can stay in construction over a longer period of time, you're pretty, you're going to do well, you're going to get a better reputation
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Ready to elevate your construction company to new heights? Learn the art of mastering THIS ONE crucial thing. Don't miss out!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:32) - The best construction companies that are out there do one thing
(3:16) - A lot of the biggest companies are family-run companies private companies that have been in business for a long long period of time
(4:18) - I need to make decisions based on the company lasting over time and it's those decisions that are the decisions that are better. They're long-term decisions
(5:18) - Get paid upfront
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn the art of being heard in construction!👌Tune in to this Part 2 of my interview with Ryan Castle for expert tips on becoming the squeaky wheel that gets the oil in your construction projects!🛞😉
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:42) - If you're always only bidding and that's your only acquisition channel, well then there are always races to the bottom because it's the lowest price technically qualified wins
(3:38) - Contract management in my view is quite simple, is that you have to prepare a body of evidence
(8:22) - Most construction companies do not die of starvation, they die of indigestion and that is cash flow restriction
(11:28) - They're going to use not approving things quickly as a tool against you because if they don't then your cash flow gets hit
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on August 2022.
Discover why we're fortunate to be part of the incredible construction industry. Here are three reasons it truly rocks! Tune in! 🙌🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:31) - There are loads of problems as there is, but like, You have that community. And, that's one of the main reasons that the construction industry is great
(4:18) - You've got to apply your skills differently every time. So you really do have a lot more skill or experience over time
(6:28) - What is the best way to re-stimulate our economy?
(7:15) - Typically the construction industry is one that gets stimulated by the government
(7:31) - You're signing better contracts to have a low risk
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Is your contract a shield or a dagger?🤔 In this episode with Ryan Castle of the Master Builders Elevate Podcast, we reveal why the construction contract is a double-edged sword you must master. Listen here! 🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(6:48) - Ultimately what happens in the industry is the further down the chain you go the more risk there is
(9:46) - Smaller companies have better corporate governance they're also being advised just like every other company has that you need to push the risk down the away
(10:18) - A lot of large Australian companies or global companies have come into New Zealand to do projects and so with that, they're taking those the way they do business
(12:38) - What would be advice you would give to someone around who's maybe feeling that going I'm not feeling too confident about being involved with maybe these head contractors
(13:47) - How can we let the market know that we have been successful without making it about us or making it outward
(14:35) - The perception of risk is very similar to the perception of safety
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Secure your success! Discover the contract mistake contractors should NEVER make.🔒 Tune in!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:45) - Typically what you want to have happened here is you want them to make those changes into the contract and then you sign that contract
(1:57) - When you ask them to make all of the changes that you've agreed to fifty percent of the time they haven't made all of those changes
(2:34) - Whatever you sign at the end of the day is what matters
(3:40) - At the very start of every contract there's what's called an order of precedence
(5:01) - We want to have the terms and conditions above the order of precedence
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Ready to turn your 1-page marketing plan into action? Tune in for Part 2 of my interview with Allan Dib and start implementing your strategy!👊💪
Need help with your Marketing? You can visit https://successwise.com or email Allan directly at allan@successwise.com 📨
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:18) - A lot of mistake a lot of people make is they kind of think all right I'm going to do a really good job and then I'll ask my clients to do a review afterwards
(6:52) - So cornerstone content and these days I sort of call it a cornerstone asset because it can be most commonly it's content but sometimes it can be an experience or sometimes it can be a tool
(8:15) - Lead magnets are fine but you might have a hundred different lead magnets because lead magnets are very much attached to the ad that you run
(13:09) - When I look at marketing implementation I'm thinking leverage
(13:56) - The reason assets are important is because income comes from assets
(14:11) - If you've got good marketing assets you can generate leads, lead flow, prospects, customers
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on August 2022.
Unethical payment practices are not uncommon among large construction companies. Listen as I share my worst encounter!😱🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:44) - You don’t think it’s a variation. You agree that it’s not a variation. You’re taking on that particular cost
(3:52) - If a PM hasn’t done a good job, he wants to get out a dodge because he doesn’t want to just all comeback and buy them
(5:48) - The rule there, the lesson from there is relationships are not important as they used to be
(7:06) - You need to make sure that when something big like this happens, one you’re covered or two the downside is not so bad, that you don’t get completely ruined
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Ready to simplify and amplify your construction business marketing strategy? Learn the art of crafting a powerful 1-page marketing plan from the Marketing Expert and Bestselling Author, Allan Dib! Listen now! 🔊
Need help with your Marketing? You can visit https://successwise.com or email Allan directly at allan@successwise.com 📨
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:08) - Often what people are really buying is not really the commodity
(5:01) - When we're thinking about what are things that will build value is can you reduce the time or effort that it takes to deliver your service or buy your service or get a quote
(6:51) - Marketing is getting your ideal customer or prospect to know you, like trust you enough to do business with you
(10:59) - Marketing is a process
(13:47) - How can we let the market know that we have been successful without making it about us or making it outward
(15:24) - When you make claims add proof
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Don't leave money on the table! In this video, discover why skipping contract negotiations could be costing you big in the construction game.💡 Tune in!
For more Construction Secrets videos, subscribe to our YouTube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:06) - Part of the technical qualification, each subcontractor has an opportunity to try and negotiate the terms of the contract or say what they don't agree with
(3:46) - Every proper construction company will try to negotiate
(5:17) - The downside is what's important
(5:48) - The risk is linear
(7:49) - We need to choose just a few things that are very important to your company that reduce your risk by the most
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Find out the 7 errors that could impact your business’ finances. Listen up and keep your money where it belongs!👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:24) - It doesn’t matter what country you’re in, the problems are the same
(3:09) - The problem is the final contract you end up signing is different to the quote
(6:54) - There’s always going to be changes or delays, and both of those things cost you money, without a doubt
(7:59) - Most businesses don’t die of starvation, they die of indigestion
(9:21) - It is better to be the company that is known for turning down projects than taking on too many
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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This episode is a re-run. It was originally published on August 2022.
No time for more clients? Here's your next move! Listen to this!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:44) - They don’t have enough time to tender. They don’t have enough time to review contracts
(3:33) - The problem we see all the time with construction companies, they spend so much of their time in delivery mode
(3:55) - Something that you need to spend a reasonable proportion amount of your company’s income is on your marketing essentially, on your business development
(5:12) - You need to be constantly having that churn of leads, of potential clients
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Knowledge is your shield! Unveil this contract trick that construction contractors include in their contracts that could cost you!💸 Tune in!
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:57) - So whatever state you’re in, you need to make sure that if there’s a dispute, where does it get resolved?
(3:14) - More often than not, an arbitration is a hundred grand before you even step out the door
(4:16) - In the front end, when we’re signing our contracts, we need to make sure that we check the applicable law
(5:13) - When you go to those negotiations, it is worth coming not looking for everything but be willing to give away a little bit to come to a resolution
(5:35) - You want to make sure that the actual dispute resolution – that you’re going to have is going to be something that is low cost
(6:30) - When you get into a dispute, their biggest tool against you is restricting your cash flow
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
The Construction Industry has evolved in such a way that relationships aren't as important. Not that they are not important. Relationships are very important but they can go missing.🤦♂️ Why? Listen here!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:53) - The quarter that matters is when disputes start to happen
(3:04) - In that last quarter, clients decide to become contractual
(4:35) - If you’ve done something wrong contractually and you have a good relationship, you can get yourself out of contractual problem with your good relationship
(5:53) - Submit a notice even if you have been delayed but that hasn’t costed you time and money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Looking to advance your career in Construction or start up? Tune in and learn about real Construction experience and get on your way to success! 💼💯
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:43) - If you’re doing the same thing time and time and time again for 20 years, you don’t have 20 years of diverse experience that you can bring. You’ve got a narrow skill set
(4:22) - The advice that they said was don’t go contractor or subcontractor side, go client side
(5:05) - I think you should go and work subcontractor or contractor side
(5:11) - Actually, the most valuable positions in any of these companies are the closer you get to the money
(5:41) - The closer you get to the money, the better
(7:47) - For anyone who’s looking to advance their career in construction or their looking at it, basically it’s short-term loss for a long-term game
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Construction Legends, this is something to be proud of! Discover why the Construction Industry is one of the best to be in right now. Here is Part 2 of my interview with David Corson of the Commercial Construction Coffee Talk Podcast. Listen here!👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:34) - There's a lot of money to be made at leasing as well
(4:54) - I think everyone expected AI to replace blue-collar jobs. And it actually looks like AI is probably gonna replace white-collar jobs first
(6:32) - You've got to hold the reins tight on AI because it's a dicey concept
(8:43) - There's so many other things that you can do and if you wanna make a change, all you have to do is have a starting point and go for it
(9:22) - Once you're on the web, you're a global company, anybody can find you
(9:57) - Without the subs, You can't get the job done, and we don't want them going out of business
(10:39) - Construction is, as industries go, is probably one of the best to be in because even with AI, even with things like when you are still building things, You might have to innovate. But, we're always gonna be building things. We're always gonna be renovating things
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
Simplified Client Attraction Strategies for the inexperienced and busy!😎 Listen here!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:37) - Let me introduce you to the concept of cornerstone content
(3:31) - What did this to them was it made everyone go, well, they're the best straight away. They're the company that does that. They're the best company for what we need
(7:17) - You basically split your business up into two little businesses. Front-end business is this business that is gonna be training people. It's gonna be making you look like an expert
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Insider Insights! Understand why Construction Companies fail and learn from their mistakes! Here’s Part 1 of my interview with David Corson of the Commercial Construction Coffee Talk.🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:52) - Problem is, subcontractors don't have the expertise. They don't have the time to review the contracts, and so they end up just signing them as is, or just signing in, like not really understanding what they're getting into
(6:07) - The construction industry has the highest insolvency rate out of any industry. So 26% of all insolvencies come from the construction industry
(7:56) - The problem here in the States, is there's not enough labor
(9:46) - There was a labor shortage. People just didn't wanna work or you couldn't find a project manager. You couldn't find superintendents, you couldn't find estimators
(11:08) - You guys will borrow money to invest in education with the intention of getting a return on your investment down the line
(19:37) - Building things and you know that just at the end of the day, just like at the end of the game, if you know that, even if you lost, you learn a lot from losing, believe it or not
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Covering aspects from scheduling to effective communication and problem-solving, this video episode is your guide to becoming an excellent Project Manager. Tune in to elevate your skills! 🏗️🎧
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:01) - Experience does matter a lot particularly in construction because there are so many of the same things that happen over and over and over again
(4:21) - Logic, evidence, and utility
(6:11) - Internally in your own business you got to manage your bosses
(6:31) - Communication needs to be high. More communication that you give, the better because they’re more up-to-date
(8:19) - You want to lead with reward and not punishment
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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In this Part 2 of my interview with Andrew Denny in the Couture & Construction Podcast, we talk about the Construction Dispute Strategy, what Squeaky Bum Time means, and the 3 Company-enders that you should NEVER agree to! Find out here!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:53) - If you’re in a dispute, it’s a race to see which party loses the least amount of money and also attention and time
(4:23) - What are three company-enders that one should never agree to
(8:33) - With the consequential loss, you want to say no we don’t agree to consequential loss or loss of profit as a company in general
(12:21) - But the thing about risk is, risk is silent. You don’t feel it. Success is the thing not happening. It’s like insurance. The thing not happening is the win
(18:42) - What is there for clients? How do better construction contracts help the client?
(19:40) - You need to be sure it’s less about price and it’s more about can this company actually finish the job
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
Believe it or not, there’s a reason why LESS is MORE even in Construction. Why? Listen here!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:32) - The most dangerous thing at the moment is taking on more work
(2:52) - The bigger tier one construction companies are actually just one big finance company
(4:06) - The ability to be able to actually get the people and the ability to get enough materials to be able to deliver what you're being asked to deliver is high, which means your risk is pretty high
(5:12) - The companies that do the best are more concerned about the downside rather than a huge upside
(5:26) - The key to a construction company really is, is longevity
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Winning with 'NO': Explore the fascinating world of rejecting opportunities in construction to secure better outcomes. Learn why sometimes 'NO' is the ultimate 'YES' to your Construction Business goals!✅💡Here’s Part 1 of my interview with Andrew Denny of the Couture & Construction Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:43) - 26% of all bankruptcies are from the Construction Industry. Where does that stat come from and what’s going on?
(4:39) - Construction had the highest insolvency rate at any industry
(5:22) - Typically GCs don’t do any work at all
(5:30) - As you move down that contractual chain the contracts get more and more aggressive
(11:00) - But the reality is the subcontractors need to get more educated
(11:41) - The getting paid for it part is all about contracts
(16:10) - How can I move away from being a commodity into being an offer that is just me?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Looking to take your construction business from nothing to everything? Learn about the practical tips for turning your startup into a thriving construction company.💡
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:15) - It’s not how hard you row, it’s what type of boat you’re in
(3:25) - What type of construction company are you going to have?
(3:29) - What is your business money model? How are you going to charge for work?
(4:41) - As a company, you’re only worth what was like your goodwill, and what projects you have in the pipeline
(6:02) - Which of the subcontracting businesses have the highest margin?
(7:31) - The worst possible business model you could have is I’ll do all this stuff for free for a period of time. It can be 30, 60, 90, or 120 days and then you pay me after
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Unlocking Construction's AI Potential🔓 Explore how AI is reshaping the construction landscape, optimizing workflows, and increasing efficiency in this Part 2 of my interview with Adrian Smith. Listen here!👂
You can visit the following links to connect with Adrian Smith and his AI tool:
-
Adrian Smith's LinkedIn
-
RunGopher.ai
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:28) - How could your average person in a construction business… How would they start using not just ChatGPT but AI generally? How would they approach in their businesses?
(3:56) - Write down the repetitive tasks and then go Google or go into ChatGPT whatever it might be. What tools are available enter repetitive tasks
(4:48) - The research says and research predicts that 8 billion dollars is gonna be invested into the sector up until 2031 for AI specifically in the construction building industry
(7:03) - The trend now is that people are trying to decipher what is here to stay and what’s actually gonna fail
(8:04) - The next stage is actually how do we apply this to our business
(14:51) - A lot of the problems that you’re already solving you’re solving by hiring more people. You might not have to do that anymore basically
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
The key to construction project success: Stay dedicated, finish strong, and never abandon the job halfway.👊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:03) - Whatever has happened on a project, if you walk off the job, you’re going to default on your contract. So, you’re gonna default on your obligation to perform the work
(2:56) - You can’t walk off the job. You need to do what the contract says and set yourself up with the series of events so that you can walk off the job
(5:28) - Your contract is your friend. Comply with the contract. Build a story, build a body of evidence as you're going through the project
(5:37) - Submit notice of delays. Submit even if you’re not claiming for anything
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Our new series continues where I get to interview high-level experts in the Construction Industry for some free consultations and advice for you! In this Part 1 of my chat with RunGopher.ai's General Manager, Adrian Smith, he shares his thoughts about the big picture of AI in general and the layers of AI. 🤖🦾 Don’t miss this!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:48) - How do we make our lives more efficient? How do we be more productive? And how do we do things that actually you know we enjoy and we don’t have to do the things that we don’t enjoy
(5:07) - AI is data, that’s all it is. And so, the person that can accumulate the most amount of data wins this race
(8:13) - What do you say to people that think that AI are coming for their jobs?
(9:08) - So it’s not about replacing you, it’s actually about how do I help you be more productive
(11:26) - You can get AI to do these little things for you so you now have more time
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Are your Subcontractor Agreements costing you money? Find out the right way to secure your profits and achieve Construction Business Success! 💼💰 Tune in now to learn the secret!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:42) - They got issued a purchase order which had the client’s terms and conditions on it. Now their first question was, are we now bound by the terms and conditions of this purchase order
(4:23) - You gotta know that them just issuing you a contract does not mean you have to sign it, even a purchase order or a service order
(5:47) - You don’t want to find yourself in a situation where you’re already on-site with a contract that you don’t really want to be in and you’re negotiating as it’s happening
(6:31) - You have to get a set of commercial principles
(7:17) - You will attach these commercial principles and you will clearly say in your proposal: our price is based on the acceptance of these commercial principles
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Discover the BEST Construction Business Model and the game-changing benefits of Prepayment in your Construction Business.💡 Plus, book recommendations for Business Success!📚 Listen here!👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:09) - 10% might just be your margin and so if you get away for a whole year to realize your profit, that is essentially a bad business model in my view
(5:08) - How can we move a traditional construction company from the worst business model to a better one?
(5:26) - The first step is to start getting a prepayment on every project that you do
(6:40) - It liquidates your cost of acquisition
(7:43) - You’re actually able to secure materials and people quicker and at better rates
(8:23) - You actually deliver a better outcome for your client
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
Watch out! Letters of Intent in a Construction Project are USELESS!🤦♂️ Listen and find out why! 🤓
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:58) - It’s a letter of them intending to award their contract to you. So you essentially should do nothing until you get the contract
(4:04) The letter of intent is essentially useless
(4:15) Don’t start on-site without a contract. A letter of intent is not a contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Beware of Standard Construction Contracts that are NOT really “standard”!😱 In this episode, find out the truth about “Standard Construction Contracts”. Tune in!👍
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:01) - In comparison to the contracts that are out there, standard contracts are very fair
(2:50) - Standard contracts don’t really exist anymore. What you get is you get a standard contract that is amended
(3:22) - Every standard contract these days that you see is amended
(3:55) - Well in reality it is but it’s been amended to suit the client and so it’s no longer fair
(5:07) - The goal of business is not to get into business. The goal of business is to stay in business
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Curious about how to secure your Success in Construction Management? Don’t miss these 10 Winning Tips! Listen now!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:38) - Volume is vanity. Profit is sanity. But, cash flow is king in construction
(3:37) - Be a squeaky wheel when it comes to payments
(4:15) - Before you sign any contract. Make sure that you understand the escape hatch. How do you get out of the contract?
(06:28) - So many construction companies say I am in construction when the reality is no you’re not. You’re in the business of construction
(8:12) - Number one rule is do not lose money. The second rule is refer to rule number one. And, what that means in construction is doing work for free
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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In this new series, I get to interview high-level experts in the Construction Industry for some free consultations and advice for you. Our first guest is Profit and Wealth Guru, Ruth King, who shares her insights on the importance of Profitabilty and reveals the one thing that Construction Businesses must focus on to increase their Profitability. Don’t miss this!
You can visit this link to learn more about Ruth King and her expertise: ruthking.info
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:07) - If you're going to grow your top line, you should grow your bottom line or keep your top line the same and grow your bottom line
(6:59) - What I suggest that all contractors do is they save 1% of every dollar that comes in the door, period, no matter what
(7:54) - A lot of times the retainage is the profit
(11:52) - It's much better to get a smaller job and keep working and keep your overhead paid than sitting there complaining about we have no work
(17:52) - The first thing that I look at is what is their billable hour percentage
(19:38) - If there was one thing that you would say for construction companies to do, you were saying if all of these construction companies just focused on this one thing to increase their profitability, what would that one thing be?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
Seize Control of Your Construction Project: Notify your Contractor and Submit your Notice of Dispute for a speedy resolution! Tune in!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:56) - When you get a letter of intent, that's what it is. It's a letter of them intending to award a contract to you. So you essentially should do nothing until you get the contract
(3:28) - Maybe you can get them to commit to a singular purchase order where you say, well, here's what we're going to do
(4:03) - Remember, the letter of intent is essentially useless. It's just their intent to award a contract
(4:15) - Don't start on-site without a contract letter. Intent is not a contract. Don't do it
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Out with the old, in with the new! Find out why the lowest priced technically qualified approach is outdated in Construction!🤔
For more Construction Secrets videos, subscribe to our youtube channel using this link: https://quantumcs.co/CSYouTube
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:45) - The guy who wins the bid is a guy who probably underpriced a bid or made a mistake pricing the bid or whatever, but his margin is gonna be razor thin
(3:39) - The best construction companies out there have got two things in common: they’ve been in business a long time, and they do one thing
(4:09) - If you're just the cheapest, someone's going to come in and be cheaper than you eventually
(4:14) - You can submit an alternative bid
(5:02) - You really gotta move away from bidding for work as your only acquisition channel
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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In this Part 2 of my interview with Todd Miller & Ryan Bell of the Construction Disruption Podcast, we get a bit personal and talk about the passion that we have for Construction. Also, we discuss the three specific things that you should negotiate in your contracts. Don’t miss this!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:37) - They didn't try and overcomplicate things they just did one thing very, very well. And I guess simple scales and fancy fails
(11:13) - If you're actually going contractor side for that first 10 years, you will definitely get paid less, there's no bones about it, however, your experience will be so much more
(12:53) - You want to negotiate in your contract, you want to look at capping your overall liability
(13:00) - Look at a contract for termination, because can I get out just read that a lot of times it will say all the ways that they can terminate you and you can't terminate them. And so you want to be able to terminate them
(13:12) - Consequential damages is an absolute killer
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Bankruptcies happen in different industries and the Construction Business is not an exception. Find out in this Spotify video episode how to effectively manage when your Client in your Construction Project goes Bankrupt!
For more Construction Secrets videos, subscribe to our youtube channel using this link: Construction Secrets Youtube Channel
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:08) - If there’s a trading halt that means there’s something really bad that’s about to happen
(4:09) - The thing about liquidation or bankruptcy that you’ve really got to understand is once it’s happened it is almost game over
(4:18) - There is an order of preference in which the creditors will get paid
(5:09) - When the rumors started happening, the smart companies start to de-man
(5:18) - You need to be incredibly contractually compliant
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
There’s a very thin line between winning and failing. Discover what it is to ensure your Construction Business’ Success. Listen here! 👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:09) - Rule number one is never lose money. And rule number two is don't forget rule number one
(2:32) - The really good companies tend to be family-owned companies or very large companies, companies that have been in business for a long time
(4:21) - The smaller companies are looking for a huge upside. They're looking for that one big job that's gonna make them loads of money rather than trying to stay in business
(5:50) - What ruins businesses is a bad decision
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Understanding the subcontractor's struggle: Join me in this interview with Todd Miller and Ryan Bell of the Construction Disruption Podcast as we delve into why they often bear the brunt of unfavorable contract terms. Tune in!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:11) - Construction really is two parts. You gotta construct, you gotta deliver, you gotta supply your material, you gotta do something, but you gotta get paid for it
(6:20) - You don't necessarily need to understand everything in it, but you need to understand the key things that impact your company and what are the things that could ultimately lose you money
(7:35) - As you go down that contractual chain, the contracts get more and more aggressive
(8:13) - What's the point in signing a better contract in the first place? And it is essentially to protect the downside
(15:11) - Payment on account is where the kind of money goes freely between over and back. So they can recoup money if they'd like to
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Want to stand out from the competition? Explore the strategies for leveraging your client's reputation to your advantage in this podcast episode.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:33) - If you get a bad PM, like that can be terrible. I mean, that can really affect your profitability on a project, if not managed correctly
(4:13) - So the way to approach this is you need to be doing it at the start and building that relationship with the project manager
(4:19) - So there's two things you wanna build. One, you wanna build the reputation of their company. And two, you wanna build, if you can, build a reputation of that PM
(8:02) - Remember that you want to give them a reputation to live up to because they will live up to it
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Starting a construction business requires careful planning and foresight. In this episode, we reveal the common error when starting a Construction Business and how to avoid it. 🤓
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:54) - It's not always about price
(3:25) - The game that is being played is that they give you their worst possible contract and they have backups for everything
(3:44) - You need to stop thinking that by being commercial and or inverted commas, confrontational with them regarding your contracts, that that's gonna reflect badly on you
(5:12) - Small companies do these type of things. They don't negotiate their contracts. They think that they can't negotiate. Big companies negotiate
(5:57) - You need to be able to interpret what's in the contract
(6:03) - You could go to a construction lawyer that is in your area and you go and have a meeting with him and tell him what you wanna do is you wanna draft up a set of commercial principles
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
What is a “scope creep” and how does it help your business to make more money? Listen here!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:39) - The biggest issue that we always see with like trying to put claims is the incident surrounding the claim has already happened
(2:49) - They were giving so much additional work, they weren't, actually making much progress on the original scope
(4:39) - The lesson really to learn from this is you can look at scope creep and doing additional work in two ways
(5:59) - We underbid in the front end to win the work because we're so confident with our contracts that in the back end we're gonna make all the money on variations
(6:22) - As long as we're good doing our paperwork, then we're gonna make an absolute fortune on that project.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Business growth in any industry takes time. But, did you know that there is Success Formula for Construction Business that pushes growth? Tune in to find out!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(6:32) - The key takeaway here is that there is a game being played, regardless of what way you want to look at it, there is a contract game being played
(6:45) - All of these companies at the end of a project will be trying to save money. And one of the ways they can save money is by not paying you
(7:22) - The business of construction has winning more work and delivering the work, and getting paid for the work
(7:29) - You need to be able to understand the impact of having good contracts team in your business so that you get paid the money that you're entitled to be paid
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Don't miss out on valuable insights! Discover the three Powerful Strategies that can help you Skyrocket your Profit Margin in your Construction Business. Listen up! 👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:09) - Oftentimes it's doing a lot more of the exact same thing that you're doing, rather than trying to do a completely different strategy
(5:49) - You need to decommoditize your offer
(6:27) - If you can't be the absolute cheapest, it's better to be the most expensive
(7:45) - You need to have more than one acquisition channel
(8:26) - If you have a different way to win business other than just bidding for work, then that's going to allow you to have higher margins
(8:57) - The best construction companies are the companies that do one single thing very, very well
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Join us as we explore the critical factors that can make or break your business. Discover why Pre-Payment and Contract Negotiation are essential for achieving long-term success in your Construction Business.💡
Here’s my interview with Ruth King of the Contractor Cents Podcast. Listen now!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:26) - You can set yourself up to have better cash flow, better margin, and avoid disputes. That's why we try to negotiate better contracts
(5:08) - If you can get a prepayment upfront, it makes your cash flow for the whole project so much better
(6:05) - If you're in construction long enough, you know that there will be changes and there'll be delays. And if you're good at the paperwork, you're going to make your margin back in the post-award phase
(11:23) - The first thing that tends to happen is you'll do work and the client won't approve your change order for ages, for a long time, and that kills your cash flow again
(13:31) - The termination clause in the contract needs to be very clear that you can terminate the contract if they don't pay you
(15:38) - The problem is, depending on the size of your company, loss of profit of your clients could be big enough to end your company
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
Learn about the Essential Strategies to maintain a strong and successful Relationship with your Clients for your Construction Business.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(5:38) - At the end of the day, money matters so we can't pay them. And that's exactly how to tarnish relationships, ruin it completely
(5:48) - If you start a contract, you negotiate your best position
(6:21) - They know who you are, they know you're professional, they know you're on top of it. And at the end of the project there is no issue and you get your final account and hopefully you get your retention back and move on
(6:46) - We're often blue in the face telling people that that's how to manage a contract because they're so worried about ruining a relationship
(6:55) - The best way to ruin a relationship is to just ignore the contract completely and then eventually get into a huge fight at the end
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Uncover the missing link as a Construction Subcontractor. Join us in this Part 2 of my interview with Andy Alagappan of the Construct Strategically Yarns with Andy Podcast, as we reveal the missing link to Construction Business Success. Listen to this!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(6:34) - The returns are in the terms and the margin is in the post-award
(7:20) - If you look at the termination clauses, a lot of times it will lay out all the ways that they can terminate you and it won't say anything about how you can terminate them
(14:04) - Where most of the money comes down to is the contract
(14:28) - Learn how to understand what the contract means
(16:13) - If you sign up to loss of profit for your client, if your client's loss of profit is bigger than your company, that's gonzo. That's it, game over
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Looking for Proven Strategies to set your Business on the path to SUCCESS? Dive into this podcast episode and learn why Starting Off Contractual matters.
This is Part 1 of my interview with Andy Alagappan of the Construct Strategically Yarns with Andy Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io/
Timestamps:
(5:41) - The thing about disputes is it's a race to see who loses the least amount of money
(8:33) - When you get into a dispute, even if you're fully in the right, you're still going to lose money
(9:06) - Think of the biggest guy in your sector, is that person commercial or contractual?
(10:45) - The cold, hard fact about it is at the moment relationships aren't as important as they used to be
(12:05) - If you are on top of your contractual paperwork, more often than not, there won't be a dispute in the first place
(13:32) - It is better to submit a bad document on time than wait for a perfect document and submit it late
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Get expert advice on dealing with REMOVED Scope of Work. Listen up!👂
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(4:07) - They are entitled to be paid for what you agreed in their contract and the work that they've done
(5:35) - They're entitled to be paid for the costs unless the contract says different
(5:57) - If they’re terminating you in the contract, you are entitled to get paid for demonstrated actual costs
(6:32) - You should be entitled to claims for the costs that you have incurred
(7:04) - Check your termination clauses, check your variation clauses in your contracts that you signed
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on July 2022.
Gain valuable knowledge from real-life examples in this podcast episode about Avoiding Bankruptcy in the Construction Industry.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(2:26) - You should always have a rise and fall clause in your contract and you should tie it to an index so that if the base price increases you still don't get hit
(3:06) - The reason they asked you to sign a lump sum contract is to lock in a cost
(3:26) - I suggest you use at any time you go into a meeting at all is to use what we call the G-R-O-W model
(7:58) - Which of those would you like to go forward with or which of those, you know, do you feel most comfortable with?
(8:07) - It’s a structure that you can use and you can practice and you know how you're going to deliver this information to them so that they understand what's going on
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Ready to explore the game-changing impact of AI on the construction business?🤯 Here’s Part 2 of my interview with Casey Grey of The Conscious Builder Show.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(6:33) - AI is here. It's like when the Internet arrives
(9:43) - AI now has been created and it's very cheap and it's very quick and it's very powerful
(13:26) - The returns are in the terms
(13:28) - If you're a contractor, the margin is in the post-award phase
(13:33) - Avoiding a dispute is far cheaper than getting into a dispute
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Gain a profound understanding of why Construction Companies FAIL and learn strategies for long-term success in this episode with me and Casey Grey of The Conscious Builder Show.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:44) - In the last 5 to 10 years, standard contracts are few and far between
(6:09) - Cost plus is beneficial to the builder and it can be beneficial to the owner in a different circumstance
(9:56) - The concern is not the lowest price. The concern is I need to get that thing done and that's my number one priority
(10:54) - What costs a lot more money is the job not being done
(15:47) - You need to be looking at risk as a real factor in your business because eventually something will go wrong
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Discover the 5 shocking things about construction that will put you ahead in the game of contracts! Tune in now!😉
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(1:51) - The first thing is not having a reciprocal termination clause
(2:34) - You need to make sure you have what's called reciprocal termination so that you can terminate them for default
(4:13) - Having no cap on your liquidated damages means that if the delay is huge, those costs could just spiral and spiral and spiral and get bigger and bigger and bigger
(4:40) - Consequential damages are consequential loss, which is essentially a loss of profit
(4:48) - Liquidated damages is you compensating them for the costs of you being late
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on June 2022.
Maximize efficiency and minimize costs! Follow these steps to regain control of your Construction Project. Listen here!👇
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:05) - Retention obviously is cheaper because you actually don't pay for anything.
(2:26) - Cash flow is king.
(3:35) - If there is debating that you haven't finished on time or stuff happens during defects liability periods, they use that money and not give it back to you.
(6:05) - Paperwork is always the key to getting things moving.
(6:12) - The contract’s not over until the defects liability period is up.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Get valuable insights on navigating contract management challenges. Listen and ensure your business thrives!🔊
Here's an insightful chat with Sean Carroll of the Tradie Connection Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:25) - A lot of the smaller companies, they're often of the opinion that they can't negotiate a contract and they have to just sign the contract
(3:58) - The bigger and more advanced construction companies know that the margin is in post-award
(4:22) - If you start off submitting a notice within your variations quickly, EOTs quickly, and following a contract perfectly, they just look at you as very professional
(5:15) - You want to be in the they know what they're doing camp, rather than they'll do whatever we say
(5:27) - They also know that companies like yours, if you are contractual, are actually going to be able to deliver the work because ultimately you're getting paid
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Don't underestimate the power of effective contract administration. Tune in and elevate your game!💪
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:34) - Relationships are important. The industry has definitely changed in that they are less important
(7:03) - As you start off being contractual, they actually just think you're very, very professional
(8:10) - If they can save costs by doing something contractually to you to make sure that you don't get paid, they will do it
(8:28) - One very good tip is to submit notices if you've been delayed and managed to mitigate the risk away
(8:57) - There's a contracts game at play here, it's being played whether you want to play it or not. Learn how to play it
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Don't let contract management software eat into your budget. Listen and find out why!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:21) - People almost didn't use it because they didn't want to bother going through every single step and clicking it and opening it and go to the next step and the next one
(6:29) - A lot of the softwares are put together by IT people and the actual people that need to use the software on construction sites are supervisors and project managers
(8:31) - Think twice before you do invest because it's very expensive and it costs a lot of money
(8:49) - The system itself won't put money in your back pocket
(8:58) - Focus on making sure that you're getting your notices in, that you're doing all the contractual things that you should be doing
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on June 2022.
What is the best approach when facing a dispute in your company? Should you proactively set up preventive measures or swiftly negotiate to mitigate its impact before it escalates? Listen to this! 🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(5:44) - If you have the expertise and if you have the right advice, you can set yourself up to avoid the dispute completely or negotiate the dispute away before it becomes an issue
(7:22) - Everybody loses in a dispute
(7:33) - It's a race to see who loses the least amount of money when you're in the dispute
(7:38) - If you can negotiate away the dispute in the front end, you're going to have better relationships
(8:13) - The best way to approach these things is to make sure that you get rid of the dispute before it is, as we have it, a dispute avoidance strategy
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Pay close attention to Liquidated Damages in your contracts! Do not disregard them!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(3:28) - Liquidated damages is to reimburse the client for the cost of the delay to the construction project itself
(4:38) - The key thing in consequential damages is your client, more often than not, is so big that his profit or his loss of profit could be the size of your company
(5:20) - What can go wrong is they can hit you with liquidated damages and then they can also take you to court as well
(5:35) - We want the liquidated damages clause to say that liquidated damages are the sole remedy for delay
(6:19) - The biggest thing is capping how big the liquidated damages can be
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Discover in this Part 2 of the Buildipedia Podcast with Mat Wilk how to steer clear of the Vicious Cycle in Construction and the importance of exercising caution regarding Termination Clauses.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(13:01) - Every major builder will have their own contracts because they are pushing risk
(13:14) - If you are lowering your risk as a builder, then you are without a doubt improving your long-term prospects
(15:34) - You will definitely get a higher margin if you deliver the projects on time within budget
(17:29) - People who are subcontractors that charge less tend to be at a higher risk in one way or another
(29:04) - Understand what happens. If you’re not happy with them, try and get them changed
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Achieve Tangible Results with Proven Construction Strategies.💪 Here is Part 1 of the Buildipedia Podcast Interview with Mat Wilk.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:31) - In a leadership position, you're more of a servant to the organization
(9:32) - Every project has a combination of things that go right or wrong
(15:25) - Our success actually looks like silence, because if you sign a contract that has less risk or sets you up for success, there's no outcome
(18:05) - There's a lot more to be gained from just saying how it is
(23:02) - Being able to deliver your service to a high standard is just the price of admission
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on August 2022.
Enhance your contracting game with insider knowledge! Listen to this podcast!🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(00:39) - Each different type of company has different ways of making money and not making money or different risks that they have
(1:18) - You want to make sure that you're either eliminating liquidated damages from the contract
(3:55) - What you guys need to do, is going to make sure that there's no re-warranty period
(4:37) - You need to be prepared for the moment where you're late or whatever has happened or issues that happen
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn how two perspectives drive success in the Construction Industry.💡
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:45) - 33% materials, 33% people and 33% profit
(3:48) - You need to have your contractual docs in a row or you get steamrolled
(6:16) - The thing is, it's not black or white. It is on a continuum
(7:26) - When you bridge that gap of showing them that you're an actual business, that makes the difference
(8:05) - They're afraid to say their business because they don't want to look unprofessional
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Mind your actions! This is how you can damage your relationships on-site‼️
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:29) - Even though they're doing good work on-site, they weren't getting paid
(5:15) - There's a chain of command that needs to be followed
(5:38) - The mindset shift that you need to understand here is it's not how good a job that you do
(7:14) - Create a great relationship where you consistently try and make him look good in front of his bosses. And that is the key to success on your construction projects
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Upgrade your payment game!🤑 Listen to this podcast!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:14) - The worst case really is you win a tender, so you've had to cut your margin to win the tender or you've had to do something to perform the work cheaper than anybody else
(5:56) - You want to get the payments to lock in the costs of the materials
(6:09) - Try your best to negotiate that front payment
(6:38) - What is your offer that you can supply that will differentiate you from everybody else?
(7:26) - Stay away from that vicious cycle of tendering lower, lower, lower, lower, lower, lower, lower until you basically make no money on projects
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on June 2022.
Stand out and make a big change for your company! Learn about liquidated and consequential damages, and transform your system. Take action now to make a difference!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:26) - Liquidated damages are to reimburse them for the costs, the increased costs of construction because of your delay
(3:48) - Agreeing to consequential damages is just something that you should always look for and make sure that you don't agree to
(4;39) - Liquidated damages is a pre-agreed estimate to what those damages would be to save everyone the rigmarole of having to go to court
(5:37) - If you see liquidated damages not filled out, that doesn't mean the liquidated damages are zero
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Discover in this episode the winning approach in Construction Disputes.😎 Here's Part 2 with Seth Tandett in the Concrete Logic Podcast.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:48) - Once you understand how to interpret that contract honestly, most of the risk and understanding the risks that you're taking on goes away and you understand how to make more money in post-award
(3:17) - We win projects at a loss knowing that we have the contractual experience in the post-award phase on change orders to get our margin back and to make money
(8:52) - The key learning from the disputes is it's pretty simple. It's a race to see who loses the least amount of money
(9:44) - The key to a construction dispute and I know this sounds a bit painfully obvious, is to not get into a construction dispute
(12:28) - It's a lot easier when you're trying to work with everybody versus fight
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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The way to success has a lot of risks. Part 1 of my interview with Seth Tandett of the Concrete Logic Podcast, we talk about key insights on Risk Navigation in Construction for Subcontractors.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:28) - The worst contract in the whole chain goes to the guy that hasn't got the resources to deal with
(5:44) - That is probably the systemic issue in the construction industry where so many subcontractors actually don't understand how to negotiate and they don't understand what to negotiate either
(8:15) - Successful companies in construction have a long-term view
(12:18) - You got to look at your local laws as far as payment terms and things like that because you can leverage those laws on your behalf
(14:28) - Whatever you prefer to put up as security, you want to make sure it's tied to your own specific contract and not to the head contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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The secret to winning negotiations? Listen to this Part 2 of my chat with Paul Heming in the Own the Build Podcast.🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:17) - If you want to be seen as professional and you want to be respected and have a good reputation, you don't get that from rolling over and doing what you're told nonstop
(9:59) - If you're contractual, you will be more profitable
(15:37) - Being contractual in inverted commas for the listener is not something that you shouldn't do. It's something that you should do because it completely and utterly protects you
(16:04) - No main contractor is going to come to you and start attacking you for being contractual if you're delivering on your promises
(20:04) - It's better to get a badly a bad document in than waiting to get a perfect document because you can always revise about documents
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on June 2022
As a professional contractor, you've probably bargained contracts with general contractors and clients before. But did you know that skillful negotiations for construction contracts can actually help you win more projects?
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(00:31) - How their view of construction changes, the more mature they get
(00:56) - As you get, you know, bigger as an organization and you start to grow, you start negotiating your contracts, you start becoming better commercially
(3:44) - You need to prepare, you need to look professional
(6:10) - When you try and negotiate your contracts with your client, you're going to look more professional
(7:37) - You need to do it earlier as possible as part of the tender
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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How to handle delays and cost disputes and get on your way to success?
Here is Part 1 of my conversation with Paul Heming from the Own The Build Podcast.🔊
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:46) - It's about getting an outcome, getting paid, getting stuff approved
(11:18) - The transaction of money more and more is bound by the contracts and less by handshakes
(11:46) - Too often subcontractors get the short end of the stick, and that's largely because their resource is not the resource of whoever they go after
(18:54) - The first thing in catching that fundamental problem is going into the contract and negotiating that out and saying, no, no, we're not doing that
(19:47) - When I'm talking about contract and I always say it's not just contractually it's about strategy
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Time in business is a relentless force that can make or break your success. Here are tips on how to use it wisely.💡
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:45) - You want to know what the risks are that is very important to you
(4:57) - If you were to pay someone that day rate, what would you want them to be doing for you?
(5:16) - Your time is extremely valuable to you and your business
(5:33) - You are more valuable to the company
(5:37) - Time is very important particularly for a lot of construction leaders
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Cash flow plays a crucial role in business. Here’s a genius hack on how to avoid late client payments.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:48) - It's about the small things
(4:01) - You're due to be paid when you're due to be paid
(4:48) - Be on top of when you're not paid
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022.
Find out why construction offices KILL your business.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:52) - If that wasn't there and would you actually be able to get more done?
(5:55) - Would you have nicer office space than you currently have?
(6:12) - Obviously you can increase your revenue, but the other side of the coin is obviously reducing your costs
(6:21) - Having external teams to do things are not your core focus
(6:33) - That's going to make a huge difference into making you a more flexible and durable construction company
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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AI Tools are now a big help not only in the digital industry but in the construction industry as well.
Here's part two of my informative podcast collaboration with The Building Talks Podcast with Martin Preece.⤵️
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(4:17) - It's a race to see who loses the least amount of money
(7:12) - The law is above the contract and the contract falls as part of that
(11:25) - Just control what you can control
(16:53) - Media is leverage
(18:39) - By using AI, you can deliver things quicker
(25:04) - If you can get that business to pay for itself, you're essentially getting relationships and leads for free
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Effective communication with contractors is a crucial skill that construction companies need to acquire in order to establish better relationships. Here's Part 1 of my interview with The Building Talks Podcast with Martin Preece!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:46) - I was seeing so many companies losing money and going out of business because they didn't understand the contract
(15:12) - Lowest price technically qualified doesn't mean you're going to have the lowest total cost of ownership
(16:28) - If you've got a reasonable margin, you can afford better people
(23:43) - The most successful ones tend to be family-run businesses like full-family businesses
(24:47) - Making a reasonable margin on a low-risk job is better than making a high margin in a high-risk job over time
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Here are life-changing tips to overcome work-life challenges as a construction subcontractor.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(7:13) - Work is part of life.
(7:24) - Your life is your life and work forms part of it.
(7:59) - Fix that problem that why is work not fun.
(8:30) - You can design your life however you want.
(10:22) - I got rid of everything that wasn't productive or investment, which allowed me then to only work on things that are going to move the business forward.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
Learn what to do to avoid losing money when construction projects dry up!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:22) - In the construction industry, a lot of times it’s about people
(3:22) - You either have to hire or fire people
(6:23) - You don’t need a huge facility or offices to show that you’re able to do the work
(8:11) - You don’t need a huge workforce
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn the importance of contracts in business and my experience with a $100M Chinese Subcontractor 😱
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(5:51) - Regardless if you decide to go ahead with quantum or not, you 100% need to employ people contractually.
(6:49) - If these companies do that because there's a return on investment and so there is a game of contracts that you need to understand that is being played.
(7:29) - If the biggest and best construction companies out there are employing contracts, people, it is for a reason.
(8:21) - How can I get a system that makes sure they get I get all my docs in a row contractually so that I'm protected contractually if anything happens?
(8:41) - Time is money.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Here's a secret for your construction company's growth 🤫
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:25) - What you need to do to be a successful contractor in this day and age is not just deliver on-site, but you need to deliver contractually as well.
(4:08) - Delivering on-site ensures that you get a good reputation and that you get referred and you get repeated works.
(4:18) - Delivering contractually ensures that you protect your profit margin enough and your cash flow so that you're able to do the additional work.
(4:42) - You got to be able to negotiate a good contract.
(4:48) - Understand that delivering contractually is just as important as delivering on-site.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn how this construction company wins more projects and opportunities through proper negotiation
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(02:10) - You need to negotiate better terms upfront.(04:06) - You need to understand that everyone negotiates these things.(05:45) - Ultimately it's going to reduce your risk, which is going to help you stay in business over the long term.(05:54) - You need to be on top of your contracts.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on April 2022
In this podcast, we'll explore some key tips and strategies for running a successful construction company, from optimizing your operations and finances to leveraging technology and building a strong team.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:10) - The construction industry has the highest insolvency rate out of any industry
(1:31) - The equation is your reputation + repeated work + referred work
(3:07) - Are you able to contractually and commercially finance the additional work that you get?
(4:02) - They are able to deliver from a post-award point of view
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Secret to success? Show up 😉 Here are some tips to help you achieve success in the construction industry.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:44) - Things were always very competitive
(4:17) - It's not what they have, it's what they don't have
(5:01) - We want mistakes, we learn from mistakes, we want to accelerate failure
(6:18) - Can you keep going without having success?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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There isn't just one thing that all successful subcontractors do to stay profitable, as there are many factors that contribute to profitability in the subcontracting industry.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:20) - What are you optimizing for?
(4:01) - Most of the time, they tend to do one thing only
(5:35) - The most amount of money goes to the guys that don't lose
(6:29) - Reducing your risk in your contract negotiations
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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The secret to avoiding bankruptcy 🫣
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:36) - They were locked into a price on a massive project
(2:27) - There's no rise and fall or escalation clause
(3:11) - If you continue to work on this project you're gonna go under
(4:58) - All we wanna do is we'll take it all up so that we can just break even on the project
(6:25) - Using the word "cash flow" all of a sudden perks up their ears
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on April 2022
Don't fret about legal complications in your company; there's no cause for alarm. And here's why 🎧
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:06) - What happens when your client lawyers up? Or does your subcontractor lawyer up?
(2:31) - Now they're spending that time just keeping their foot in the game by doing these judications
(3:51) - If they were so confident, they wouldn't bother with a lawyer they would just point at things in the contract
(4:02) - You know their argument isn't that great so you know that your response needs to be
(5:17) - Don't be scared when people lawyer up
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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The construction industry is constantly evolving, and staying up-to-date with the latest trends and technologies is critical for success. Here are six ways the construction industry is changing, and what you need to do to stay ahead.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:42) - It used to be all about relationships, but it is no longer the case.
(2:55) - You just don't really see standard contracts anymore.
(4:24) - AI, ChatGPT is actually going to replace white-collar workers pretty quickly.
(5:56) - The cost of materials, across the board, has gone bonkers, particularly in construction.
(7:01) - Everyone is experiencing difficulty in finding good people.
(8:03) - If you're a main contractor please be careful with your balance sheet.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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I'm gonna tell you a war story of probably the worst incident of something going wrong... contractually.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
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Timestamps:
(1:25) - Subcontractors in my view are the only people that actually do any form of construction
(4:25) - From here on in we're gonna have to just deal with the contract
(5:49) - That's essentially when they came to us to talk about it
(7:28) - The biggest and best construction companies have contracts teams for a reason
(8:12) - All you can promise is you will try to do something
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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If you're a CEO in the making, here's what Warren Buffet will tell you!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:27) - When starting out a business, you risk a little amount of money.
(2:26) - But then as things go on in your business, the investment strategy changes.
(3:34) - They're not going to put a huge amount of money into risky investments.
(4:42) - I can understand when you first start out, you just need to sign the contract, right?
(5:31) - It's assessing the risk of the client.
(6:56) - We're saying it's probably time to start turning down jobs because of the risk in the market at the moment.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on September 2022
Here's how to do construction management right and how to avoid common mistakes.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:12) - Generally, when you're a contracts manager or you're in construction management there are two kinds of different aspects to the role.
(2:56) - It's very difficult to find someone in construction management who can wear both hats.
(3:16) - Delivering on-site is going to give you a better reputation.
(5:03) - At the end of the project, they almost went under because they didn't comply with the contracts.
(7:21) - If you can deliver contractually and commercially, you're going to be far more valuable to your company than if you can only deliver on-site.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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To ensure profitability and success, deal structuring is critical. By leveraging artificial intelligence (AI) technology, construction companies can optimize deal structuring and improve efficiency, productivity, and ROI. Here's part 2 of my interview at the Building Scale Podcast with Will Foret & Justin Neagle!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:44) - The returns are in the terms, that's where your money is made
(5:10) - Liquidated damages are to compensate your client for the delay and the cost of the delay
(8:37) - A lot of times there's an option to submit an alternative bid
(18:56) - There can only be one angry man in the boat
(22:24) - Chat GPT is very very powerful so it's just gonna continue to get better
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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One of the most important factors that construction companies must master is the ability to build success from the ground up. Here's part 1 of my interview with The Building Scale Podcast with Will Foret & Justin Neagle!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(6:40) - Negotiate the right things in the right way
(10:20) - Lawyers would get you out of the problem that you're in
(14:52) - Scale brings complexity
(21:49) - How we've done over 2600 contract reviews and negotiations
(28:50) - Approximately 26% of all bankruptcies of all businesses are from the construction industry
(31:54) - If you try to negotiate they'll just give the work to somebody else
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Don't let the bigger construction companies bully you. Learn what to do on part 2 of my interview with The Take Off Podcast with Mick Donaghy.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:14) - Don't transfer the title until you get paid!
(3:00) - How to pass on the risk to someone else.
(5:00) - Your project managers manage your project as a side hustle only.
(8:13) - What to do when you get into a dispute.
(11:00) - Advice on how to properly manage contracts
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
In any kind of business, proper documentation is very important! This is a sort of receipt for you to get paid properly.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:07) - They built an oil refinery and they ran it for a couple of years.
(2:10) - Get out there and they put a bulletproof vest on.
(5:04) - They're essentially not getting paid for work that they're entitled to get paid for because their paperwork is so terrible, right?
(5:57) - It has a complete effect on how your cash flow is, and how your profitability is on your project.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn more about how contract consultation works. Here's part one of my interview with The Take Off Podcast with Mick Donaghy
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:24) - What Quantum does is we are a smart contracts management contracts administration solution for construction companies
(6:44) - I wanted to help the construction contractor subcontractors with the contract administration process because so many of them were losing money
(10:02) - Anything where you're looking at a contract that has fifty to a hundred 200 pages
(12:42) - You know what would you say you know makes a good contract and what makes a bad contract
(15:06) - Moves that will make a huge difference to your cash flow
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Don't let a project turn into a nightmare! Here's something you need to consider before signing that contract.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:11) - First thing is the nominated subcontractor
(3:23) - You're going to have to get the finance that's going to cost you a load of money
(4:05) - You want to have all of the things that you've negotiated done with regard to the nominated contractor just before you signed a contract
(4:49) - But the bottom line is you need the information before you sign the contract because it could cost you an absolute ton of money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Here's how you can approach your construction team meetings in the future.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:13) - And at the end of the day, subcontractors are the only people in the whole contractual chain to actually do construction work.
(2:20) - But the older companies who are sticking to relationships are the companies that are getting bitten at the moment
(4:40) - So even though relationships are still important if you haven't done the contractual stuff, there's nothing you can do.
(5:49) - But if you are contractual from the get-go, from the beginning, they don't look at you as difficult to deal with.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
Here's a secret to gaining more construction clients
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:21) - The client side.
(2:11) - And the thing you got to remember is their KPI
(3:10) - The actual reality of the situation is that when you try and negotiate your contract
(4:53) - So how to really upset the contracts engineer is when this happens a lot.
(6:42) - So I really encourage you to think of it from their point of view when you're doing these things.
(7:04) - And so that ultimately can reduce your risk by a factor of ten on a project.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Subcontractors play a critical role in the construction process, and mastering this process can be key to success in the industry.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:10) - Three distinct parts of a construction project or phase
(2:06) - So you negotiate on price and on terms via the competitive tendering bid or if you're just going one to one with the client
(3:30) - You're gonna have to give them two types of security
(4:29) - Now you start and you get on with the project
(5:42) - You get to the practical completion date, and you get your practical completion certificate
(7:01) - Be careful, that can happen, that money's gonna be tied up for another 12 months
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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The construction industry is all about teamwork, and that means building strong relationships with your colleagues and partners.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:54) - Construction used to be this very big relationships game
(3:10) - There are a few landmark court cases in different countries which has shown conclusively that if you don't comply with the contract you're not gonna get paid
(5:38) - While relationships are important, they've changed a lot
(6:24) - I think the average life span of a job these days is two years
(7:29) - The best way to save money is to figure out which companies haven't been contractually compliant
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Are you aiming at 100% success for your construction company? Here's a secret we would like to share.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:22) - The problem that we see in the market
(3:29) - They don't want to be perceived as difficult by a client
(4:31) - Risk is very very important for the longevity of a construction company
(6:17) - When it doesn't go well, it goes very badly wrong
(8:01) - Margin is in post-award
(9:15) - We're happy to win a bid at a loss knowing that over the course of the project, we're going to make up the margins
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn more about the squeaky bum time in construction as I discuss it in part two of my collaboration with Bridging the Gap Podcast with Todd Weyandt!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:35) - Everything happens in that final quarter
(5:58) - People are more worried about losing money and getting ripped off than making lots of money and growing
(7:21) - It gave us confidence that you knew what you were doing
(10:23) - Machinery replaces blue-collar workers
(12:05) - Construction is a little behind as well as an industry
(13:35) - The most successful construction companies are the companies that do one thing
(15:01) - The innovation is just getting better and better at the one thing
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Understand how the subcontractor side works in a construction project. Here's part 1 of our collaboration with Bridging the Gap with Todd Weyandt.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:47) - When you're in your 20s, you really should be learning not earning
(5:33) - The challenge that they're facing is that AI is without a doubt here
(8:10) - Why we are using Chat GPT every day now
(9:48) - 26% of all insolvencies come from the construction industry
(10:57) - In that contract, both of those guys are gonna have lawyers, contract people on both sides are gonna negotiate a contract that they believe is fair
(14:31) - The game of construction
(18:52) - The devil is in the detail that you need to look out for
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Here are some of the things that the biggest and most successful construction companies do. Learn more as Cian discusses in an interview with The Connecting Industry Podcast with Kieran Moran.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:05) - All about Quantum Contract Solutions
(2:06) - What will happen if you are in a dispute?
(3:36) - The pitch of Quantum Contract Solutions to its clients
(5:50) - How to save money
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
BUSINESS IS BUSINESS! Yes, it is, but it doesn't mean that you can abuse the other parties involved in the contract.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:28) - It's a lot of work given the scale of these oil and gas projects
(2:55) - You don't have a contract with the principal you have a contract with the main contractor
(4:30) - The construction industry has the most insolvencies of any industry
(7:06) - If ever you're looking at your own contract make sure you have a reciprocal termination clause
(9:57) - We managed to negotiate that reciprocal termination clause
(10:19) - You can't just get out of any contract for any reason whatsoever
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Learn more about being a laborer, about the 33% margins, and the impact of risk in this interview at The Connecting Industry Podcast with Kieran Moran.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:50) - How did I land in the Construction Contracts Industry?
(6:00) - Advice from my father when I was starting the business
(10:26) - What I learned from the client side
(14:16) - What inspired me to push through in starting Quantum Contract Solutions?
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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In the world of construction, time is of the essence, and delays can have serious financial implications. Here's a podcast that can help you be aware of the dangers of time bars.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(0:51) - Construction subcontractors are the guys that do all the construction in the world
(2:55) - Time bars are crucial, they're critical
(4:22) - They want that information so they can accurately predict what's going to happen over the next few months
(6:07) - In a construction project, they divide it into four quarters
(7:56) - Whatever you need to do to comply with the time bars you need to get it happening in your business
(8:39) - Start submitting notices of delay where there's no cost or time impact
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Here's a podcast that will help you understand the ins and outs of termination in Construction Contracts
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:33) - You can get a drawing from an architect or an engineer and you can interpret that drawing very very well
(3:21) - When you're playing decisions out in your head maybe the worst thing isn't that bad
(6:17) - If termination for convenience is in there you want to make sure that you're getting paid the right amount of money
(7:00) - The one thing that is actually a problem is a lot of these contracts won't have any way for you to terminate, for you to get out of the contract
(8:14) - Should I be spending money on people and equipment I'm leasing when they might not pay me next month?
(9:49) - Go to the termination clause, look at the termination for convenience if it's a concern for you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
How will you deal when you encounter this kind of shenanigans while doing your construction business with clients?
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:30) - But for me, when it gets hot it's hard for me
(2:46) - Here's the contract I want you to sign, you can look at the contract and get back to me
(4:05) - You'll have all your liquidated damages in your contract but the head contract ones may prevail
(5:23) - You can never say to someone I'm not gonna pay you because I haven't been paid
(6:37) - Check to see if there's a head provision contract in there
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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As a construction subcontractor, you know that building relationships and trust with general contractors is crucial for winning bids and getting repeat business. But how can you effectively market your services without breaking the bank?
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:35) - The marketing approach that they typically take is very traditional, some don't market at all
(3:19) - The main thing that you need to do over a long period of time is producing a piece of cornerstone content
(5:09) - On your website, you need to have what is called a pixel
(7:18) - It is no longer social media, it is now just media
(8:37) - Now it's not about the people, it's about the interests
(11:18) - It's more branding than direct response marketing
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Tendering can be one of those processes where we feel like we're going around in circles. Here's why it's often a vicious cycle.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:13) - What is the vicious cycle of tendering or how do you get yourself into a vicious cycle?
(2:32) - You were asked to be part of a bid or a tender
(4:14) - That's how mistakes happen, obviously, these guys made a mistake as well
(6:01) - You want to have a different acquisition channel other than bidding or tendering for work
(6:56) - The virtuous cycle is you win a project with a high margin
(8:18) - The biggest and best construction companies will win bids at a loss but they know that they can make it up in the post-award phase
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Find inspiration from people and businesses that are successful... Here are two business strategies that have proven to be successful.
From laying the groundwork to reaching new heights, this formula for construction company growth is the key to building a brighter future.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:32) - It has made no tangible difference to anything that we do except allow us to make more revenue
(2:50) - A lot of them are working for family wealth, venture capital companies, or investment companies
(5:03) - In the meantime, its top-line revenue only
(6:18) - It's not doing more complex things, it's doing the simple things that are already given you results
(8:00) - Our sales didn't change but the value of our sales went up massively
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
From laying the groundwork to reaching new heights, this formula for construction company growth is the key to building a brighter future.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(0:53) - The formula for construction company growth
(1:39) - The company that knew what they were doing contractually and also delivering on projects, did fine
(2:41) - They got hit with all these liquidated damages
(3:20) - Delivering on-site and delivering contractually is just as important
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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It's great to do a good job, but there is something else that will ensure you stay in business. Watch and learn from this video 💯
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:51) - There are so many construction companies that have gone out of business
(3:04) - Delivering on your promise is one of four different departments that should be in your business
(5:38) - The real purpose of delivering your service is to deliver a world-class experience
(6:55) - From your projects, you're stimulating referrals and repeated work
(8:41) - The difference between the vicious cycle and the virtuous cycle
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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If you can avoid doing this then you'll save yourself a lot of headaches.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:28) - You can analyze drawings, you can interpret construction drawings
(2:17) - If you agree to this particular clause, how does this impact your risk?
(5:07) - People think relationships are the most important thing
(7:05) - They'll open up the unpriced submission first to make sure that you are able actually to do the work
(9:14) - Can you do the work? Are you commercially savvy enough to handle all of this?
(11:00) - The whole project ran to a halt because of these snails
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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You may think that a contract is just a piece of paper, but the reality is that it can SAVE you a lot of money.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:31) - Risk is a little bit different in what a win looks like
(3:34) - The perception of risk changes a lot but the actual risk doesn't change
(6:08) - The road to less stupid is doing less stupid things, making fewer downsides
(8:02) - As a construction person you can analyze and interpret construction drawings
(9:38) - That's why signing a better contract is better for you
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
Thirteen is already a TEENAGER. They're already someone who understands how things work. 😉 But in reality, can a thirteen-year-old boy can really drive a dumper? Well, let us tell you, YES! Let's hear the story of Cian of how he was able to drive a DUMPER at the age of 13 (and the lessons he learned from it.)
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:09) - My daughter loves all those little vehicles, particularly her dumper.
(4:19) - There's no way a 12 or 13-year-old would be let on-site in the first place.
(5:24) - Everyone knows that we're gonna use this particular standard contract.
(7:10) - Things have changed. We're not driving a dumper in the 90s anymore.
(8:02) - The contract you've signed has probably been a hostile contract.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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If you want quick hacks to make you a better construction manager, then look no further. Here are four construction management hacks that you need to know!
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:17) - There's always an opportunity to submit an alternative bid
(2:54) - We're looking for an X amount of upfront payment
(4:41) - What I'd like to do is give you a schedule of rates
(6:05) - Have you ever heard of Pavlov's dog?
(7:33) - You're not gonna be the type of company that accepts late payments
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Contract woes can be solved a lot easier than you think... It just takes good management.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(3:12) - Don't make it from Cian to Michelle because that's personal. Make it like a notice, like a memo.
(5:04) - Go in there and I want you to land and expand.
(9:19) - You can see that these people have family businesses, but your boss also has a family business as well.
(11:49) - You don't need to be a lawyer to be able to interpret a contract. You need to be able to interpret a contract and what you have to do.
(15:02) - Know all the reasons why for your business's health and success, you should negotiate contract terms.
(19:20) - Differences between our businesses and who is the right fit for each business.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Here's Part 1 of my interview On Tricks of your Trade with Michelle Cirson | Standing Up for the Little Guys: A Powerful Advocacy Video for Construction Subcontractors
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:08) - We both aim for good commercial solutions rather than legal sword wars and getting into complicated disputes.
(7:47) - It was me rejecting people's invoices. It was me rejecting change orders.
(9:06) - The game is they give you the worst contract possible and they're expecting you to come back.
(14:58) - Success looks like science. Risk is silent.
(16:50) - The returns are in the terms.
(20:33) - One thing to note, your insurance companies will almost do free stuff for you if you want them to.
(23:39) - Relationships go at the end of the project.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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This episode is a re-run. It was originally published on May 2022
Growing a construction business is definitely a lot of hard work especially if you are in the construction industry. You need a lot of field and office work to oversee. But how did Quantum Contract Solutions make the life of aspiring construction entrepreneurs made it easy for them to be on the right track?
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(0:58) - I'm gonna have to hire a CFO to handle all of these things, to manage the whole team.
(1:42) - Just get a manager service, that's how modern businesses do it these days.
(2:34) - You need to spend your time on the value creation of what you can do for your market.
(4:03) - Niche business that takes care of just one particular thing.
(5:01) - If you're a construction company you should be doing the same thing so you can concentrate on being awesome at your scope.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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When the going gets tough there are no prizes for playing it too safe. Here's how to navigate 2023.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:48) - Most governments around the world stimulated their economies to get through covid
(4:33) - We got this massive surge of inflation
(6:09) - How we can approach 2023 and beyond is to have frank conversations
(8:47) - You can negotiate on your project
(9:34) - Ask for stuff that you wouldn't normally ask for before
(11:55) - The vicious cycle and the virtuous cycle
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Do successful businesses have things in common? Unequivocally yes... Here are 5 things that will make you more successful.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(1:33) - We can see which companies do well and which don't
(3:03) - And then because you're really good at that one thing, your reputation increases.
(4:35) - We'd rather go to this company, we know they're gonna do a good job.
(6:17) - When you got a family business, what is it that makes them so successful?
(7:44) - The biggest tool that a client can use against you is restricting your cash flow.
(9:48) - Philosophy of keeping your overheads extremely low.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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By following these tips and continually developing your skills and knowledge, you can build a successful and lucrative career in construction.
Construction Companies doing $5M+, watch this FREE Case Study on how Quantum has helped 8 Construction Companies sign lower risk contracts and boost cashflow & margin: https://quantumcs.co/casestudy-podcast
If your business is making less than $5M, YOU are why I make all my materials FREE. Get more FREE Training & goodies here: https://constructionsecrets.io
Timestamps:
(2:02) - The man who built Galway
(4: 11) - Do I wanna go client-side or contractor-side?
(6:17) - On the client's side, you're typically in one project for a long period of time.
(8:01) - A project manager who understands the contract, who understands the commercial side of it - that's what's powerful.
(10:55) - If you want to start your own business, it's almost a no-brainer that you wanna go contractor.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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A contracts administrator has the expertise to ensure you don't end up in contractual hot water. Learn more about what they do ⤵️
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:43) - Construction is essentially two parts.
(3:34) - The best and biggest construction companies have contract teams for a reason.
(5:11) - They are expecting you to negotiate.
(6:58) - Start professional. They'll think these guys are commercially savvy, they're very good.
(7:21) - If you're in a dispute, it's a race to see who loses the least amount of money.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Cashflow is the most important business lesson. Here's how you can score with our four top tips!
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:23) - Cashflow is one of the biggest reasons why construction companies go out of business
(3:15) - The first thing you need to look at is the payment terms
(4:40) - They ask you to notify them within 1-2 business days if there's a delay or if there's a change on site
(5:52) - You want to make sure that you're getting paid
(6:49) - There may be an option to submit an alternative tender
(8:25) - You can make your margin back, the 5% that you lost, in post-award easily
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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In construction, there are a few key clauses that you need to get to grips with... Here are two crucial ones.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:54) - Relying on relationships is not prudent.
(3:00) - If you start to become contractual halfway through the project, it's a clear change of methodology.
(4:19) - Parent company guarantee and directives guarantee.
(5:27) - You can negotiate security out of the contract which will increase your cash flow.
(6:35) - They're asking you to take on additional risk.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Car crashes and disputes are no fun... We can't advise you on car crashes, but we can advise you on how to navigate construction disputes. Watch this video to learn more!
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:43) - What you need to know about a dispute is that they are extremely expensive.
(3:09) - Is your car worth the same amount of money because it's crashed now?
(4:10) - If you're in a dispute, the chances of you getting all your money back are so slim.
(5:44) - It's taking money from you and it's taking attention.
(6:52) - Avoid it before it becomes a problem, if it becomes a problem, be willing to negotiate.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Follow our Socials and let's get connected! ⤵️
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Getting that promotion you've always wanted can be intimidating... here's something you can start doing RIGHT NOW to fast-track your career.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:25) - It's very hard to find really good project managers.
(3:17) - Every now and then you get a project manager who is one or the other.
(5:25) - You gotta encourage your PMs to understand how the contractual side is.
(6:11) - If you're very good on-site and you're commercial then you'll get promoted out of being a PM.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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What if this ONE thing could literally make you more successful?! Listen to this podcast and learn more 😉
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:25) - We did an analysis of all our clients
(3:01) - The thing that has kept the most successful people in business is that they do one thing
(5:16) - Charge more for your services because you're better at it
(6:34) - The next level of the construction business is actually don't change
(8:01) - A family business doesn't make a decision based on now and this quarter
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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The back end of the contract (excuse the pun) is when squeaky bum time kicks in. Listen to this podcast to find out more. 🫣
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:33) - Squeaky Bum time, the most important part of a foodball game
(2:52) - The best way to tackle a problem is to flip it around
(5:54) - Properly negotiate the terms and conditions of your contract
(6:20) - Submit your variations and change orders all the way through
(7:08) - You don't even get into a dispute
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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If you're asked to proceed with a variation without discussing or agreeing on the costs then you need to listen to this podcast for advice.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1:44) - 26% of all insolvencies come from the construction industry
(5:48) - Before signing a contract, check the variation clause
(6:23) - You mustn't proceed with a variation until a variation is approved
(7:26) - Make sure your whole team knows that you don't start work without a signed variation
(8:18) - This is my opinion on what you could do
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Making money isn't as hard as making a profit. Here's a trick to help you to earn more cash.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(1: 33) - You need to deliver contractually, that's where the money is.
(4:07) - If you wanted to reduce your risk, as much as possible submit a notice of delay.
(5:20) - You'll make so much more money if you submit your notices.
(7:47) - Make it look like a memo, not a letter.
(8:01) - You're covering your risks because you're getting your notices in.
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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With so many construction businesses going insolvent, here's how to avoid becoming a statistic
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast\
Timestamps:
(1:45) - My granddad owned a construction company called Brennan Construction
(4:42) - All we care about is saving you money and reducing your risk
(8:21) - Our vision is to help 1000 construction companies globally
(10:34) - We're in a bit of trouble
(13:12) - Can this builder stay alive for the duration of my project?
(15:28) - All for spending a fortune on mentors
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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To avoid pitfalls you have to be able to pre-empt them. Here's some invaluable advice to avoid running into problems.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
Enjoying what you’ve been hearing here on our podcast? We’ve prepared a case study to show you exactly how construction businesses like yours can save time and money with safer contracts - just click this link to get a copy: https://quantumcs.co/casestudy-podcast
Timestamps:
(4:08) - My ideal client is a tier 2 contractor
(6:19) - When you try to negotiate, you look more professional
(9:10) - The main thing is how do I get out?
(11:40) - Are you clear about the scope of work?
(13:43) - We always go back to the contract
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
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Project managers have difficult job that involves a lot of juggling. Here's a tip to make your life easier.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
If you're looking to reduce your risk by a factor of ten, make more project profit and have better project cash flow, visit this link: quantumcs.co/casestudy-yt
Timestamps:
(2:25) - There are two parts to a construction business
(3:54) - The goal is to make a profit and make money
(4:30) - Be the type of person that can deliver on site
(6:20) - You need to be able to deliver contractually and on-site
(6:33) - Focus more on the money side to be good
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Just because you appear to be making money, doesn't mean you can't run into trouble. Find out why cash flow matters and how you can avoid running into big problems.
Welcome to the Construction Secrets where we can help you deliver commercially, and secure a healthy profit on each project through negotiating better contracts.
If you're looking to reduce your risk by a factor of ten, make more project profit and have better project cash flow, visit this link: quantumcs.co/casestudy-yt
Timestamps:
(1:07) - Why is cash flow such an issue?
(2:45) - Ways that we can get a better contractual position
(3:20) - How long is the period between the filing of the payment application to when you get paid?
(4:17) - Make sure there are no problems when submitting variations, change orders, etc.
(5:21) - Getting a quick approval means better cashflow
(6:42) - Get pre-payments as much as possible
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Is there really one thing that can make you a better construction business? Here's something you can implement immediately.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
In fables, there's usually a cunning fox out to trick an unsuspecting animal. In construction, the same logic applies. Here's one trick to look out for.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
The reputation of your client somehow lies in your hand. Here's how to give them the reputation to live up to
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Here are some tips to create the best contractual letters. Watch this now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
There's nothing more annoying than waiting for people to pay you because it massively affects cash flow. Get paid quicker now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Inflation can result in a lot of extra costs if you're not careful. Here's how to make sure you're covered in your contract.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Don't sign on the dotted line if the contract you're given is tied to the head contract... Here's why. 🔽
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Intellectual property has immense value. Don't take it for granted– here are two things you should know about it.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Here's a podcast you need to listen to if you're a construction business in Australia. It'll give you all you need to know about proportional liability.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Do you know what should be done when you are asked to sign Guarantees and Deeds? If not, this video is for you!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
The construction industry has the highest rate of insolvency, and this could massively impact you if your client goes bust. If your client goes insolvent here's how to avoid becoming collateral damage.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Risk is something everyone wants to reduce. By watching this video, find out how to navigate your construction projects so you don't end up with the bulk of the risk.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
When jobs are delayed, there's often a snowball effect that means less money coming your way. What if you could change this and get paid for delays?
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
You wouldn't say no to saving money right? Well here's a simple way to save money on construction projects.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Often people think they're tied to the contracts they sign... Here's what to do if you want to opt-out.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Limited liability clauses can make or break the financial success of a project. To navigate this clause in a contract, here's what you need to know.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Some people have the knack for being able to negotiate, but that doesn't mean it can't be taught. Here are some easy tips on how to negotiate a contract.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
How often does the scope of work remain unchanged in a construction project? Never, right? That's why everyone needs to know how variations and changes affect profitability and cash flow.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Here are the practical steps that you need to implement in order to deliver contractually and mitigate financial risk.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Nobody wants to be responsible for penalties, which is why you should have practical completion on your radar.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
There's an elephant in the room within the construction industry... and it's affecting subcontractors more than anyone else. Find out what this is, and why it shouldn't be hidden anymore.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
It is important to know about liquidated damages and how can it affect the business. That's why here's a video where we discuss everything you need to know about liquidated damages.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Did you know that most subcontractors lack a firm understanding of consequential damages? We've put together this handy guide to ensure you aren't hit with a very nasty surprise at the end of your project.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Here's everything you need to know about defects liability on construction projects
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Be secure whenever you do your construction projects! Learn how to negotiate them by listening to this podcast!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
In this podcast, we will be talking about what's exactly included with tender bid documents. Watch now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
There are a few strategies you can do to make your payment terms with your client better! Learn how to negotiate them properly from this video.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Don't let your client terminate you just because they want to terminate you! Protect yourself! Watch our latest video to learn more!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Do you fully understand what you are signing in a construction contract? It is important that you are aware of every detail of it so watch this and be 100% aware of what you are signing!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Learn the complete pre-construction process so that you and your clients will be on the same page! Watch this video now!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Are you aware that there are some dirty little secrets in your construction contracts? 🧐 Well, watch this video to learn more!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
People value relationships and believe that contracts ruin relationships by making them too impersonal. Find out how to protect your business relationships, while also protecting your business, by maintaining contractual obligations with this easy hack.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
For free training, podcasts, and videos to save you money on your construction projects go to: https://constructionsecrets.io
DISCLAIMER: The content of this podcast does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Have you ever wondered how you can stand out from the competition as a construction manager? Watch this video to see how you can compete with the best, and make your business more money.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
Have you ever wondered how you can stand out from the competition as a construction manager? Watch this video to see how you can compete with the best, and make your business more money.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
A lot of contracts make the simple complex, luckily we’re here to explain how to make the complex simple. Not only that, but we know what tools you need to be able to play the game so that you minimise your downside and sign less risky contracts.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
In construction, there’s a misconception that clients don’t want you to negotiate, and that if you do, they’ll award the work to someone else. This video debunks this and explains why negotiation is a key way to secure the best contract and appear a lot more professional.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
The average person works 220 days a year – this may seem like a lot, but considering how much unnecessary work and admin we deal with we need to start working smarter. In this video, there are a few key ways to save valuable time, and in the process avoid losing money in the long run.
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Nobody wants a project to be late! Here's what you can do to avoid these instances in a construction project!
👷🏻♂️ While we can’t help you deliver onsite, WE CAN HELP YOU deliver commercially. More details here: https://quantumcs.co/podcasts
👷🏻♂️ WE CAN HELP YOU secure a healthy profit on each project through negotiating better contracts.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://constructionsecrets.io
DISCLAIMER: The content of this video does not constitute legal advice, is not intended to be a substitute for legal advice, and can not be relied upon as such. You should seek legal advice or other professional advice in relation to any matters you or your business may have.
Here's something you need to consider before signing that contract. Don't let a project turn into a nightmare! Watch this video now!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
What is the reason for an 'acceleration' in a construction project? Know here!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Are you a civil contractor? Here are some tips to make your work better and easier!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Listen to this podcast to find out why you shouldn't sign "standard" contracts.
Whether it's an AIA, ASCE (US), JCT, NEC, FIDIC (UK), or AS (Australia) it doesn't matter - if all of them have this issue in them, they aren't worth signing.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Here are 3 reasons why the construction industry rocks and we are all lucky to be involved!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Large construction companies often times act unethically when it comes to paying their contractors. Here is my worst story.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
The planning fallacy is an aspect of decision-making in the construction industry that has significant health risks, financial implications, and poor business performance. Watch this video and learn more!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Are you all caught up with your current client and cannot accommodate more? Here's what you need to do. Watch our latest episode now!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you can't make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Today we discuss why relationships used to be important in the construction industry but now become not as important as they used to be.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
There are many things you can do to attract more clients, but if you are inexperienced and don’t have time to spend researching different methods, here is what I’d recommend doing.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
With the effect of the global recession and this COVID-19 pandemic, there's a valid reason why you should stop taking on more construction projects for now. Wanna know why? Watch this short video and save your construction company from taking a big risk!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Be professional, finish what you have started, and do not walk off from your construction project.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
From a contract expert's view, a letter of intent in a construction project is useless. So if you have a letter of intent in your drafts, discontinue it and watch this video to know why.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
You can submit your notice of dispute at any time during the construction project. It’s not legal responsibility to notify a contractor in this case, but it can help you get the job fixed more quickly.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
There's only one difference and you should know it now so that you'll know where your company will fall... to the successful or the unsuccessful? To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Can scope creep be a good thing? While scope creep is usually viewed as a negative phenomenon, Cian sees some good in it. Watch and save your business from any incoming trouble while making more money!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
If you want to have a good and long relationship with your current client, do these easy steps and you'll have them for life!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Here's how Quantum Contract Solutions helped two construction companies avoid bankruptcy.
It could be you and your company in the future...so listen to this podcast!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Do you know the real responsibility of a CEO? Listen to what the great Warren Buffet said ⏬
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Here are some steps you can follow to regain control of the costs and productivity of your construction project.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call:https://quantumcs.co/guaranteespotify
What do you really need to do when you are having a dispute in your company? Should you set yourself up to avoid it completely or negotiate the speed away before it becomes an issue? Here's the best advice from Quantum Contract Solutions' CEO, Cian Brennan.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
Be different! Learn the difference between liquidated and consequential damages and make a big change in the system for your company!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
We’re approaching year three of the COVID-19 pandemic, with no clear end in sight. During this time, construction companies had to make a tough call, and their decisions have run the gamut from trust-building to trust-breaking. Gain a new kind of trust in the construction industry when you watch this 5-minute video.
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteespotify
As a professional contractor, you've likely negotiated contracts with general contractors and clients on a number of occasions. But did you know that negotiations over the construction contract could actually win you more projects?
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Are you familiar with the 'squeeky bum time?' And how it is beneficial in saving up your money when it comes to a construction project?
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://bit.ly/3mssQK8
What has training your dog and getting paid on time on your construction projects got in common? Learn from this podcast!
Wondering why growing your business seems so hard? Let Cian tell you why one of the factors is your construction office!
Do you know the exact equation to make the perfect company? A company that everyone is aiming to work with, a company that values their people as well as a company that gives you the profit that you desire? If you don't have any idea yet, here's Quantum Contract Solutions CEO Cian Brennan, to share with you his knowledge and wisdom on how to run a profitable construction company. 👇🏻
Are you worried about legal complications in your company? Don't be! Learn why from Quantum's CEO, Cian Brennan!
Wanna learn the secret to how to win more tenders? Learn from the expert in the field, Cian Brennan! Watch this video and you'll exactly learn the way it should be done after.
In any kind of business, proper documentation is very important! This is a sort of receipt for you to get paid properly. Clients or contractors are very meticulous with this one because this is how they know that you get the job done! For more tips from Quantum's CEO, listen to this podcast.
Do you know the secret to gain more clients? How about the secret of how to make things easier and faster when negotiating with other companies? Here are some tips from Cian Brennan, CEO of Quantum Contract Solutions, on how you can make the best, undisputable contract ever!
BUSINESS IS BUSINESS! Yes, it is, but it doesn't mean that you can abuse the other parties involved in the contract.
Just in case you encounter an 'abusive' contractor, be in the know!
Have you ever seen the biggest movie of the century? 😅 Well, hey, it's all about construction and infrastructure! 😅 Creating a movie is almost as expensive as building a simple house! Why? The prices go up every year for each material that is used! So here are a few tips from your Quantum guy, Cian, on how you can be sure that you are getting what you paid for.
In any form of business, there are lots of 'shenanigans' as what others use as a term for 'conflict' but how will you deal when you encounter this kind of shenanigans while doing your construction business with clients? Learn what are the common shenanigans in a contract and be an expert in dealing with these! Listen to this podcast and avoid encountering those shenanigans! 🤔
Just like how cooking works, there's a perfect recipe for creating the best version of your construction company. Know the exact ingredients and proper way for the growth of your company! Watch this video from the successful guy himself, Cian.
Thirteen is already a TEENAGER. They're already someone who understands how things work. 😉 But in reality, can a thirteen-year-old boy can really drive a dumper? Well, let us tell you, YES! Let's hear the story of Cian of how he was able to drive a DUMPER at the age of 13 (and the lessons he learned from it.)
Growing a construction business is definitely a lot of hard work especially if you are in the construction industry. You need a lot of field and office work to oversee. But how did Quantum Contract Solutions make the life of aspiring construction entrepreneurs made it easy for them to be on the right track?
Learn how you can be a BIG ONE in the industry of construction in the next 5 to 10 years! Listen to this podcast now!
To be successful in the construction industry you need to be able to:
👷🏻♂️ Deliver onsite - (we cant help you with this) - This obviously helps your reputation, referred work, and repeated work.
👷🏻♂️ But you also need to be able to deliver commercially. (This is where we help).
👷🏻♂️ If you cant make consistently make a healthy profit on each project it doesn't matter if you have all referred or repeated work in the world...you aren't going to be able to do it.
If you're looking to:
✓ reduce your risk by a factor of ten
✓ make more project profit
✓ have better project cash flow
Then click here to arrange a call: https://quantumcs.co/guaranteeitunes