Contractor Success M.A.P.

0126: Uniquely Profitable Contractors Use Single Source Suppliers


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Contractors Who Pride Themselves As Hard-Ball Negotiators Can Skip This Article
Fair Minded Contractors Who Want To Become Extremely Wealthy Keep Reading!
Relationships will make or break you; financially, professionally and personally. Stephen R. Covey covered this in The 7 Habits Of Highly Effective People.
When you meet someone, you automatically credit them with a tiny bit emotional trust, and they do the same for you. In time, you both make deposits and withdrawals in each other's emotional bank account. The key is to make more deposits than withdrawals.
Do Something Good For Someone And You Made A Deposit
Do Something Bad To Someone And You Made A Withdrawal
If your Word Is Law and you keep your agreements, no matter what, the emotional bank accounts you have invested in other people be will grow massively.
If someone's word is worthless and they rarely, if ever keep their agreements, the withdrawals from the emotional bank accounts of everyone they know will become overdrawn. Every Hard-Ball Negotiator
I have ever known has a negative balance with everyone.
Every Fair Minded person I have ever known has large positive balances and that resource if used, sparingly will generate massive cash flow and profits in business and personal.
During the years owning and operating construction companies we developed deep relationships with suppliers and consultants which paid handsome dividends.
Step #01 Short List Of Suppliers
Rate the list from A-E based on convenience, how they treat you and price. Narrow to one for each category to become your "Prime Supplier' for that product or service.
Step #02 Lunch Meeting
During lunch with your sales representative say you would like them to be the "Prime Supplier" for what they offer. In exchange, you ask for their best price and terms.
Step #03 Honor Your Commitment
If your word is Law and you keep your agreements, no matter what your reputation will precede you, and if someone treats you unfairly another supplier will be at your doorstep ready to serve you.
Now For The Big Money $$$$
Free Material
Manufacturers exchange products and services for contractors who provide testimonials and endorsements. Sports stars and highly successful contractors do it!
Turn Excess Inventory Into Cash
Prime Suppliers will take it off your hands and credit your account for future purchases.
Job Accounts
Job Accounts give you unlimited access to material with little or no risk. Prime Supplier sets up separate accounts for each large project and materials assigned to that job are billed separately, and tied to the property.
Instant Qualified Referrals
Every Prime Supplier is asked for contractor referrals. Your relationship with Prime Suppliers can generate rivers of cash flow and profit.
Can you visualize your cash flow and profits rising?
Listen to this Podcast for more…
If you are Thinking About Outsourcing Your Contractors Bookkeeping Services you are invited to download a guide to finding the right contractor bookkeeping service to fit your particular situation at www.FastEasyAccounting.com/hs
Call Sharie now 206-361-3950 or [email protected] and schedule your no charge one-hour consultation.
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Contractor Success M.A.P.By Randal DeHart, PMP, QPA